BP PLC has appointed David Lawler as chief executive officer of its Houston-based US Lower 48 onshore business that’s slated to formally become a separate entity in early 2015 (OGJ Online, Mar. 4, 2014).
The move takes effect Sept. 15. Lawler will report to Lamar McKay, BP’s upstream segment chief executive.
Lawler previously served as executive vice-president and chief operating officer of Oklahoma City independent SandRidge Energy Inc. Before that, Lawler was the chief executive officer and president of PostRock Energy Corp., another Oklahoma City independent.
While BP will continue to own the US onshore business, Lawler and his leadership team will develop and implement the strategy to expand the company’s crude oil and natural gas liquids portfolio, BP says. The business will have its own governance, processes, and systems.
BP expects to begin disclosing separate financials for the business in 2015.