LLOG Exploration Co. announced on Feb. 23 the unexpected passing of Gerald A. Boelte, chariman and founder of LLOG.
The privately owned E&P issued the following statement in a press release: “It is with great sadness that we announce the unexpected passing of Gerald A. Boelte on February 22, 2024, in a single vehicle accident on his family property. The entire LLOG family mourns his loss as we extend our deepest sympathies to the Boelte family.”
Boelte remained actively involved in LLOG Exploration throughout his life, from founding the company in 1977 to bringing LLOG up to be a “world-class E&P operator,” according to the release.
“[Boelte] was a friend and mentor to us all and his passing is a tremendous loss for LLOG and the entire energy industry. Our love, thoughts and prayers are with his family and friends at this sad time,” said Philip LeJeune, LLOG’s president and CEO.
Recommended Reading
Electric Hype vs. Hydraulic Reality: Advantages of Traditional Systems
2024-05-07 - Castrol's new fluid prevents gas hydrates in deepwater control systems.
Vår Energi Hits Oil with Ringhorne North
2024-04-17 - Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.
CNOOC Finds Light Crude at Kaiping South Field
2024-03-07 - The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
2024-03-18 - CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.