Titan Energy LLC said March 1 it promoted Christopher Walker to serve as COO of the Fort Worth, Texas-based company.
Mark Schumacher, currently president and COO for Titan, will be pursuing other business activities and will transition his role to Walker, according to the company press release. Walker's appointment will take effect March 9.
Walker has been with Titan and its predecessor company since 2012, most recently serving as vice president of operations. He also served in senior operations leadership positions at Titan’s predecessor.
While at Titan and its predecessor, Walker worked on almost all of the company’s former and current operated and nonoperated asset positions, including the Eagle Ford Shale, Fort Worth Basin, Utica Shale, Coalbed Methane and Mississippi Lime, the release said.
Prior to joining Titan, Walker held field engineer and district technical supervisor positions with BJ Services/Baker Hughes Inc. (NYSE: BHGE) from 2007 to 2012, specializing in hydraulic fracturing design and execution. He graduated from Texas A&M University with a BS in Agricultural Engineering.
Daniel Herz, CEO of Titan, said in a statement, “We are very excited to welcome Chris into his new position, where he will lead our operating and technical team. Chris’s thorough understanding of our operating areas, strong leadership, and technical experience will continue to be a significant asset for our company.”
Herz added, “I would also like to thank Mark for his tremendous contributions during his tenure here at Titan. All of Mark’s efforts helped shepherd Titan through the challenges of the commodity price downturn and we wish him much success in his future endeavors.”
Schumacher said in a statement, “I am happy to transition the chief operating officer role to Chris, who is someone that I have had the pleasure of working alongside for many years at Titan. Chris will continue to be an invaluable leader within the organization. I would like to thank Titan management and all of the employees for the opportunity to work together over the last six years.”
In 2016, Titan assumed the business and assets of its predecessor Atlas Resource Partners LP following the company's emergence from Chapter 11 bankruptcy.
Recommended Reading
E&P Highlights: July 10, 2023
2023-07-10 - Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field and new contract awards in the upstream oil and gas industry.
E&P Highlights: Sept. 18, 2023
2023-09-18 - Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
Squeezing Oil from Stone: The Quest to Improve Shale Recovery
2023-07-25 - Frac design, refrac liner testing and a waterless frac gun are among deep diagnostics in the queue in the quest to recover more oil from shale rock.
Power Up: Nabors, Hess Electrify Bakken Drilling Operations
2023-09-25 - Hess estimates connecting these four Nabors rigs to the grid will reduce greenhouse-gas emissions from the company’s Bakken drilling operations by 50% and energy costs by 70%.
E&P Highlights: Sept. 11, 2023
2023-09-11 - Here’s a roundup of the latest E&P headlines, including an update on the Anning and Somerville project offshore the U.K. and new contract awards.