Riverstone Holdings LLC announced that Mark G. Papa has joined the firm as a Partner in its Houston office. From 1998 to late 2013, Mr. Papa was Chairman and Chief Executive Officer of EOG Resources.
David M. Leuschen and Pierre F. Lapeyre, Jr., Co-Founders of Riverstone, said, "We are excited to have Mark join Riverstone. Mark will bring tremendous operating experience and insight to our portfolio. During this time of unprecedented opportunity, his hiring underscores Riverstone's continued commitment to attracting the very best talent in the industry, including proven operators with a successful track record of creatively reshaping the business."
Mr. Papa said, "I am excited to be joining Riverstone and its talented team of energy investment professionals. This is a uniquely interesting and challenging time in our industry. As I surveyed the energy landscape following my recent retirement from EOG, I could not imagine a better opportunity than joining Riverstone, which I regard as one of the premier energy investment platforms in the world. I have known David and Pierre for over 25 years, and I look forward to helping the firm build upon its investment track record."
More People-Promotion News

Coterra Names Jordan CEO; Dinges Takes Chairman Role
Coterra Energy Inc. reported that the Company's Board of Directors appointed Thomas E. Jorden, its President and Chief Executive Officer, as Chairman of the Board effective January 1,…

Evolution Petroleum Taps New President & CEO
Evolution Petroleum announced that the Board of Directors has selected Kelly Loyd as President and Chief Executive Officer. Mr. Loyd had been serving as Interim CEO since June…

Magnolia Oil & Gas CEO Chazen Steps Down; Cites Health Reasons
Magnolia Oil & Gas Corp. announced that Christopher Stavros, the Company's current Executive Vice President and Chief Financial Officer, has been named President and Chief Executive Officer, and…

Devon Chairman Hager to Retire; Barbara Baumann Named to Top Spot
Devon Energy Corp. reported that the company's board of directors expects to appoint Barbara Baumann as chair of the board, succeeding Dave Hager, who has notified the board…

Continental Promotes Lawler to President & COO Role
Continental Resources, Inc. announced Doug Lawler is being promoted to President and Chief Operating Officer. Doug joined Continental in February as Chief Operating Officer and Executive Vice President…
Permian News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
