Texas Railroad Commissioner David Porter Named “Man Of the Year”

05/03/2013

HOUSTON – Texas Railroad Commissioner David Porter was awarded “Man of the Year” today by The Oil & Gas Year, a leading industry publication and comprehensive business guide, in recognition of his leading role in the responsible development of the Eagle Ford Shale.

The Eagle Ford Shale located in South Texas has played a strong part in the resurgence of U.S. oil and gas production.

“Since taking office in 2011, I recognized that the Eagle Ford Shale had the potential to be the single most significant economic development in our state’s history,” Commissioner Porter said. “I knew from early on that the only way to ensure the proper development of this region was through stakeholder involvement, and I am honored to be recognized for my efforts.”

Wildcat International Publishing officially launched the edition, The Oil & Gas Year Eagle Ford Texas 2013, at a ceremony in Houston, at which Commissioner Porter was presented with the award. This is The Oil & Gas Year’s first publication in the United States and explores the technological, commercial and geological trends driving the U.S. energy industry’s renaissance in South Texas.

“The investments being poured into Eagle Ford Shale oil and the new oilfield technologies being applied are on an unprecedented scale,” said Guillaume Doane, Chief Executive Officer of The Oil & Gas Year. “As Texas Railroad Commissioner, David Porter has equipped the Commission to respond to this massive development and defend the state’s right to regulate the oil industry effectively. Our research shows overwhelming support for the Railroad Commission’s handling of the Eagle Ford Shale play.”

Commissioner Porter was acknowledged largely for the creation and his leadership of the Eagle Ford Shale Task Force, a diverse group of 24 members representing various interests and areas of expertise, including community leaders and local elected officials, water representatives, oil and gas companies, pipeline companies, and landowner and environmental interests. The Task Force met monthly over the course of a year and a half to discuss issues arising from the rapid development in the region.

“Commissioner Porter is a visionary leader who obviously knew the importance of the participation and input that was necessary from the many different players that this industry affects,” said Leodoro Martinez, Jr., Executive Director of the Middle Rio Grande Development Council, Chairman of the Eagle Ford Shale Consortium, and member of Commissioner Porter’s Eagle Ford Shale Task Force. “His initiative to put the Task Force together and lead it to its success are to be highly commended.”

Other 2013 editions of The Oil & Gas Year feature Ecuador, Peru, Indonesia and Malaysia.

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David J. Porter was elected to the Texas Railroad Commission on November 2, 2010. A Certified Public Accountant and successful small business owner, Commissioner Porter has worked with oil and gas producers for nearly three decades providing strategic financial advice and tax counsel. He has a long record of pro-business, free market, conservative credentials.