New Officers and Directors

E L. DEGOLYER, our new president, though a petroleum geologist by profession, has always s been associated with mining, for soon after his birth at Greensburg, Kan., on Oct. 9, 1886, his parents moved to Joplin, and when he went, in the course of time, to the University of Oklahoma, he intended to follow his course there with another at a mining school. He became a field assistant in the U. S. Geo-logical Survey, however, while still an undergradu-ate, and after field experi- ence in Montana, Wyoming, North Dakota, Colorado and Oklahoma, he went to Mexico as geologist for the Mexican Eagle Oil Co. This was in 1909, and as a result he was unable to complete his work for his degree until 1911. In Mexico, he located the Potrero de Llaño No. 4, one of the world's largest oil wells, and also the dis- covery well in the Naran- jos pool; and the Colorado School of Mines conferred the honorary degree of : Doctor of Science on him in 1925. On his return from Mexico, he engaged in the consulting business, specializing in financial ap- praisement, the Union and Marland companies being among his clients. In 1919, he organized the Amerada Petroleum Co., with the backing of Lord Cowdray. Last year, control of the company was purchased by an American group, headed by Dillon, Read and Co. Mr. DeGolyer is n o w president of the company. He is also vice-president and general manager of the Rycade Corp, the Rycade Oil Corp., and president of the Geophysical Re-search search Corp. The l a t t e r represents the practical appli-cation of his inter-est in the use of the torsion balance in the locating of salt domes, in which he has pioneered, the Nash dome being the first oil field in America actually brought into production by these methods.