Fortson invested in oil and natural gas minerals and royalties on behalf of the Kimbell Art Foundation. (Source: Shutterstock/ Kimbell Royalty Partners)
Board member of Kimbell Royalty Partners Ben Fortson has passed away, Kimbell announced in a May 20 press release.
Fortson had more than 60 years of experience in the oil and gas industry, serving as the president and CEO of Fortson Oil Co. since 1986. Since 1975, Fortson was the CIO and executive vice president of the Kimbell Art Foundation.
Fortson invested in oil and natural gas minerals and royalties on behalf of the Kimbell Art Foundation—one of the original and largest sponsors of Kimbell Royalty Partners.
“A true gentleman, his devotion to the Kimbell was always accompanied by grace and a sense of humor. He leaves a powerful and enduring legacy,” the Kimbell Art Foundation said in an obituary.
Fortson played a big part in Kimbell Royalty Partners’ IPO in 2017 and stayed on with the company as a member of the board of directors into 2024.
"Ben's distinguished career in the oil and natural gas industry spanned nearly six decades, and we are very sad to lose him both as a good friend and wise counselor to Kimbell Royalty Partners,” said Robert Ravnaas, chairman and CEO of Kimbell Royalty Partners' general partner. “Our executive vice chairman, Brett Taylor, and I have known and worked with Ben for decades, beginning with our first royalty acquisition in the late 1990s. His wise counsel, vision and prescient investing skills were a key factor to the success of Kimbell Royalty Partners over the years. We will miss his advice, sense of humor and friendship.”
Recommended Reading
Aethon Dishes on Western Haynesville Costs as Gas Output Roars On
2025-01-22 - Aethon Energy’s western Haynesville gas wells produced nearly 34 Bcf in the first 11 months of 2024, according to the latest Texas Railroad Commission data.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
2025-02-21 - Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.
Antero Stock Up 90% YoY as NatGas, NGL Markets Improve
2025-02-14 - As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.
BP’s Eagle Ford Refracs Delivering EUR Uplift, ‘Triple-Digit’ Returns
2025-02-14 - BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray Auchincloss told investors in fourth-quarter earnings.
Comstock Doubling Rigs as Western Haynesville Mega-Wells’ Cost Falls to $27MM
2025-02-19 - Operator Comstock Resources is ramping to four rigs in its half-million-net-acre, deep-gas play north of Houston where its wells IP as much as 40 MMcf/d. The oldest one has produced 18.4 Bcf in its first 33 months.
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.