ChevronTexaco creates new technology company
Posted: 22 July 2003
ChevronTexaco recently created a new company, ChevronTexaco Energy
Technology Company (ETC).
Mark B. Puckett has been named to lead ETC effective 1 August.
Puckett currently serves as president of ChevronTexaco Exploration
and Production Technology Company (EPTC).
The new company combines EPTC and ChevronTexaco Energy Research
and Technology Company (ERTC).
EPTC and ERTC supply upstream and downstream technologies for ChevronTexaco
businesses, respectively.
Gary M. Masada, current president of ERTC, has been named president
and chief information officer of ChevronTexaco's Information Technology
Company (ITC) effective 1 August.
Masada will replace ITC President and Chief Information Officer
David M. Clementz, who has elected to retire after 30 years of service.
The company's two other technology companies — ChevronTexaco
Technology Ventures and ChevronTexaco Information Technology —
will continue under their current organisational structures.
ETC was created to provide an integrated approach to managing technology
resources for ChevronTexaco's global business portfolio.
It is intended to improve long-term technology planning and enhance
application of technology capabilities across all business segments
to meet current and future business needs.
The new company will support key corporate strategies to increase
upstream growth and transform downstream into a highly competitive
business.
It also will address the needs of new businesses such as Global
Gas and support early-stage businesses such as hydrogen storage.
“The combination is a natural extension of our past successful
efforts to integrate both upstream and downstream technology capabilities,”
said Don Paul, vice president and chief technology officer of ChevronTexaco.
“We've seen significant benefit from combining traditional
manufacturing technologies into major oil field capital projects.”
ETC will have major technology centers in Richmond, Calif., San
Ramon, Calif., and Bellaire, Texas, as well as employees in office
locations in Houston, Texas. Puckett will be based in Bellaire,
Texas, and will report to Don Paul.
“Because of his broad experience as both the President of
a technology company and as Managing Director in international E&P,
Mark is exceptionally well-qualified to lead the new company,”
said Paul.
Puckett assumed his current position upon the formation of ChevronTexaco
Corp., Oct. 9, 2001. As president of Exploration and Production
Technology, he is responsible for exploration and production technology
development and application for domestic and international upstream
operating companies.
Prior to the merger, he performed similar responsibilities as president
of Chevron Petroleum Technology Co., a position he began in April
2001.
A native of DeKalb, Texas, Puckett earned a bachelor's degree in
civil engineering from Texas A&M University in 1973 and completed
the Tuck Executive program at Dartmouth College in 1997.
He joined Chevron in 1973 as a construction engineer in Lafayette,
La. After serving in positions of increasing responsibility in engineering,
drilling and operations, he was named operations superintendent
for the West Texas division in 1985.
In 1986, he was appointed manager of the oil recovery division
for Chevron Oil Field Research Co., in La Habra, Calif., and in
1990, district manager of Kern River in Bakersfield, Calif.
From 1991 to 1994, Puckett served as managing director for Chevron
Niugini Pty. Ltd., headquartered in Port Moresby, Papua New Guinea.
In 1995, he was appointed managing director of Chevron Overseas
Petroleum Inc.’s Angola/Zaire business unit based in Luanda,
Angola.
In August 1997, this role was expanded to managing director of
the Southern Africa business unit, responsible for exploration and
production activities in Angola, Congo, and the Democratic Republic
of Congo.
Puckett is a member of the Society of Petroleum Engineers and the
College of Engineering Advisory Council at Texas A&M University.
Additionally, he has served as a director of various professional,
civic and educational organisations.
For more information see http://www.chevrontexaco.com/
Posted by Richard Price,
Editor Pipeline Magazine
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