ConocoPhillips' King leaves for Houston
FARMINGTON — Terri King, vice president for ConocoPhillips' San Juan Business Unit, is transferring to Houston to work as the company's vice president of the Mid-Continent Business Unit.
King took the job Oct. 1, replacing Bill Patterson, who retired after 31 years with ConocoPhillips, according to company spokeswoman Romelia Hinojosa.
The company's Mid-Continent business unit includes assets in the Permian Basin in West Texas and southeastern New Mexico, Barnett assets in the Fort Worth Basin and Anadarko Basin assets that stretch from the Texas panhandle to central Oklahoma, Hinojosa said.
King started her career in oil and gas with the independent Union Texas Petroleum Holdings, Inc., in 1983. King got her start at ConocoPhillips in 1991. She later became operating unit manager for the company in Norway, overseeing offshore drilling operations there. After jobs as business unit manager for ConocoPhillips' Gulf unit, King became vice president of the company's San Juan Business Unit.
Earlier this year, the Farmington Chamber of Commerce awarded King with the business organization's 2015 Citizen of the Year award for her efforts in support of nonprofit organizations like Big Brothers Big Sisters and the United Way.
King was the campaign chairperson for the San Juan United Way and served on boards for Four Corners Economic Development and the New Mexico Oil and Gas Association. She also volunteered as a youth mentor with Big Brothers Big Sisters of San Juan County.
King previously has worked in reservoir engineering, planning and portfolio management, exploration and development, upstream technology and operations management for ConocoPhillips, according to the company's website.
Lisa Bruner, former ConocoPhillips operations manager in the San Juan Basin, will become asset manager for the San Juan unit, Lowry said. Bruner, who has 25 years of experience with the company, has held engineering, operations and management positions in the Gulf of Mexico, North Sea, Middle East, Southeast Asia and San Juan Basin for the company, Lowry said.
After King's departure, The Daily Times learned that approximately 65 ConocoPhillips employees in San Juan County were laid off in October. Jim Lowry, ConocoPhillips spokesman, confirmed the layoffs in an email on Oct. 14.
ConocoPhillips announced its intention to layoff 10 percent of its company-wide workforce in April. The approximately 65 workers are part of that overall reduction, Lowry said.
"Following an assessment of future workforce needs and the impact of lower prices on our business, ConocoPhillips made the difficult decision that reductions were necessary," Lowry said. "The results were layoffs for approximately 65 persons in the San Juan Basin. During this process, one of our primary goals was a commitment to treat all our employees with respect and fairness. This action is part of the previously announced company-wide workforce reduction."
Lowry said the San Juan Basin remains an important part of the company's asset portfolio.
ConocoPhillips operates nearly half — about 9,000 — of all the wells in the San Juan Basin, which represent almost 9 percent of the company's worldwide assets.
Before the layoffs, the company employed about 600 workers in the Farmington area, Lowry said. ConocoPhillips has two local office complexes, one in Farmington on East 30th Street and the other on U.S. Highway 64 between Farmington and Bloomfield.
James Fenton is the business editor of The Daily Times. He can be reached at 505-564-4621.