Molly Smith, general manager of drilling and completion at Murphy Oil Corp., is today’s featured Forty Under 40 honoree.
“Earlier in my career, I intentionally took a ‘step back’ from a leadership role onshore to an individual contributor role offshore to learn that side of the business,” Smith said.
Based in Houston, Murphy Oil is an independent E&P company with a long history of crude oil and natural gas production and exploration across the globe. The company operates assets both offshore and onshore, where Smith previously worked as operations manager overseeing Murphy’s western Eagle Ford Shale asset.
“There was a steep learning curve, but I took advantage of every opportunity to be in service providers’ shops supervising downhole tools builds and then going offshore on deepwater drillships to execute jobs,” she said of the decision that eventually led her to her current role as general manager, drilling and completion.
One of the biggest challenges Smith has faced during her career at Murphy Oil was earning buy-in from the operators, which she said her team accomplished by achieving “small, quick wins.”
“This highlighted the ability to focus on more impactful efforts, and soon after the team began presenting their own ideas for improvements, which was the most rewarding,” she said. “Overall, our efforts saved $17 MM annually, and reduced operating costs by 20%.”
Click here for Molly Smith’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Waha NatGas Prices Go Negative
2024-03-14 - An Enterprise Partners executive said conditions make for a strong LNG export market at an industry lunch on March 14.
Summit Midstream Launches Double E Pipeline Open Season
2024-04-02 - The Double E pipeline is set to deliver gas to the Waha Hub before the Matterhorn Express pipeline provides sorely needed takeaway capacity, an analyst said.
For Sale? Trans Mountain Pipeline Tentatively on the Market
2024-04-22 - Politics and tariffs may delay ownership transfer of the Trans Mountain Pipeline, which the Canadian government spent CA$34 billion to build.
Kinder Morgan Sees Need for Another Permian NatGas Pipeline
2024-04-18 - Negative prices, tight capacity and upcoming demand are driving natural gas leaders at Kinder Morgan to think about more takeaway capacity.
Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge
2024-05-09 - Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.