88R8171 CJM-D
By: Craddick H.C.R. No. 14
CONCURRENT RESOLUTION
WHEREAS, Edward Runyan is being inducted into the Petroleum
Hall of Fame on April 30, 2023; and
WHEREAS, Based at the Permian Basin Petroleum Museum in
Midland, the Petroleum Hall of Fame recognizes individuals who have
made outstanding contributions to the development of the petroleum
industry in the region; and
WHEREAS, Ed Runyan is an alumnus of the University of Tulsa,
where he earned both a bachelor's degree and a master's degree in
petroleum engineering; he began his career as a reservoir engineer
at Sohio Petroleum Co., before serving in the United States Army and
then moving to Midland to become a district engineer for Sohio in
1960; he continued acquiring experience in the industry while
working for Permian Enterprises and Elcor Chemical Corporation,
where he was named vice president of the corporation and president
of its Agriculture Chemicals Division in 1963; and
WHEREAS, In 1969, Mr. Runyan founded Weeks Petroleum Ltd.,
which later became Bell Petroleum Services; he subsequently
established Texon Oil Company, and in 1990, he acquired a
controlling interest in Mid-America Petroleum, which he made
private and renamed Seaboard Oil Company; over the past quarter of a
century, Texon and Seaboard have been credited with the discovery
of several significant oil fields; and
WHEREAS, Mr. Runyan has earned the respect and admiration of
his professional peers through his service in roles such as
president of the Society of Petroleum Engineers, chair of the SPE
Foundation, and president of the American Institute of Mining,
Metallurgical, and Petroleum Engineers; he and his wife, Marilee
Runyan, are also longtime supporters of the University of Tulsa,
which honored him as a Distinguished Alumnus in 1978; and
WHEREAS, Ed Runyan has built a reputation as a dynamic leader
and innovator in the petroleum industry, and he may indeed take
pride in this prestigious recognition of his lifetime achievements;
now, therefore, be it
RESOLVED, That the 88th Legislature of the State of Texas
hereby congratulate Edward Runyan on his induction into the
Petroleum Hall of Fame and extend to him sincere best wishes for the
future; and, be it further
RESOLVED, That an official copy of this resolution be
prepared for Mr. Runyan as an expression of high regard by the Texas
House of Representatives and Senate.