CATEGORIZED | News

Noted oilfield analyst Matt Simmons dies suddenly

Posted on 10 August 2010

Noted oilfield analyst and investment banker Matthew R Simmons, founder and former chairman of Simmons & Company International, died suddenly on Sunday, 8 August, of an apparent heart attack, his executive assistant announced in a news release. Mr Simmons was 67 years old.

Mr Simmons was a frequent speaker at IADC conferences over the years.

He was also a proponent of “peak oil”, and believed that the world’s production would soon begin diminishing.

Mr Simmons founded the Ocean Energy Research Institute in Rockland, Maine. In lieu of flowers, the family asks that donations be made to the institute.

Mr Simmons is survived by his wife Ellen and their five daughters.

Details of services are pending.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 26 March 2015

    Wood Mackenzie: Falling costs to soften blow of slashed exploration budgets

    Exploration budget cuts in 2015 will average 30%, but that will be matched by an approximately equal fall in exploration costs...

  • 25 March 2015

    C&J Energy Services merges with Nabors’ completion/production services

    C&J Energy Services, (C&J) and Nabors Industries (Nabors) announced the completion of the combination of C&J with Nabors’ completion...

  • 25 March 2015

    Douglas-Westwood: Oilfield services expenditure to decline by 30% in 2015

    Global oilfield services (OFS) markets are facing difficult headwinds as a function of commodity prices...

  • 25 March 2015

    IOGP-sponsored human factors survey seeks participants online

    The International Association of Oil & Gas Producers (IOGP) is sponsoring a survey to assess the current extent and use of non-technical skills behaviors in well operations...

  • 19 March 2015

    Statoil, Halliburton establish Fast Track process to economically develop smaller North Sea fields

    To economically develop smaller fields in the North Sea, Statoil and Halliburton initiated the Fast Track project that aimed...

  • Read more news