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Providing coverage of Alaska and northern Canada's oil and gas industry
October 2011

Vol. 16, No. 42 Week of October 16, 2011

Lance to be CEO of Conoco upstream

ConocoPhillips has named Ryan Lance and Greg Garland to head the two independent energy companies that will result when the company splits into upstream and downstream companies next year.

The company said Oct. 7 that Lance will become chairman and CEO of ConocoPhillips, the upstream company. Greg Garland will become chairman and CEO of the downstream company.

Jim Mulva, the current chairman and CEO of ConocoPhillips, will retire after completion of the separation, expected to be completed in the second quarter of 2012.

Lance is currently senior vice president, Exploration and Production, International for ConocoPhillips. A petroleum engineer, he has more than 26 years of oil and natural gas industry experience in senior management and technical positions with ConocoPhillips, predecessor Phillips Petroleum and various divisions of ARCO.

Garland is currently senior vice president, Exploration and Production, Americas for ConocoPhillips. He began his career as a project engineer with Phillips Petroleum and has been associated with ConocoPhillips, its predecessors and affiliated companies for more than 31 years.

Both appointments will become effective at the completion of ConocoPhillips’ repositioning transaction next year. Lance and Garland will continue in senior management roles until that time, while also directing transition plans, including appointment of their executive management teams.

Well known in Alaska

Lance is well known in Alaska. He was with ARCO for 17 years, becoming vice president of the company’s western Alaska North Slope operations, acquired by Phillips in 2001.

He joined ARCO in 1984 and held various management, engineering and operations positions in Alaska, the Lower 48 and internationally.

Lance moved to Phillips after that company acquired ARCO’s Alaska properties; in 2002 Phillips merged with Conoco. Prior to assuming his present position in May 2009, he was president, Exploration and Production — Asia, Africa, Middle East and Russian/Caspian.

—Petroleum News






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