Diamondback Energy Inc. said Nov. 30 its chief engineer, Russell Pantermuehl, will retire from his current role after roughly a decade with the Permian Basin shale producer.
“I would like to express my sincere gratitude to Russell for his significant contribution to Diamondback over the past decade,” CEO Travis Stice commented in a company release. “His legacy of technical excellence and character will leave a lasting impact on the company.”
According to the release, Pantermuehl, currently executive vice president and chief engineer, will retire from his current role at year-end after having worked at Diamondback since August 2011, prior to the company’s IPO. Before joining Diamondback, he had served as a reservoir engineering supervisor for Concho Resources and also worked for ConocoPhillips Co. and as an independent consultant in the oil and gas industry.
Following his retirement, Diamondback said Pantermuehl agreed to serve as an adviser to the company through year-end 2022 in a limited role.
“I have had the privilege of working with Russell for multiple decades and have witnessed firsthand his influence on the oil and gas industry over a 40-year career,” Stice continued before adding: “I wish him all the best in his retirement and look forward to his continued contributions to Diamondback in his new role.”
As a result of Pantermuehl’s retirement, Diamondback announced the promotions on Nov. 30 of Al Barkmann, currently vice president of reservoir engineering, and Yong Cho, currently vice president of drilling.
Effective immediately, Barkmann will assume many of Pantermuehl’s prior responsibilities as senior vice president of reservoir engineering and will begin reporting to Danny Wesson, executive vice president of operations. Meanwhile, Cho has been promoted to senior vice president of drilling and will continue reporting too Wesson.
Headquartered in Midland, Texas, Diamondback is an independent E&P company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas.
Recommended Reading
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
First Helium Plans Drilling of Two Oil Targets in Alberta
2024-11-29 - First Helium Inc. has identified 10 other sites in the Leduc formation.
DNO Discovers Oil in New Play Offshore Norway
2024-12-02 - DNO ASA estimated gross recoverable resources in the range of 27 MMboe to 57 MMboe.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
DNO Makes Another Norwegian North Sea Discovery
2024-12-17 - DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.