Devon Energy Corporation has announced significant updates to its executive leadership team. The company has promoted John Raines to senior vice president of E&P Asset Management and Trey Lowe to senior vice president and chief technology officer. Clay Gaspar, the incoming CEO, remarked on their promotions, stating, “Both John and Trey have consistently demonstrated exceptional leadership and a deep commitment to Devon and the achievement of our goals. We look forward to them building on their successes and broadening their impact in their new capacities as part of our executive leadership team.”
Additionally, Tom Hellman has been appointed as senior vice president of E&P Operations. Gaspar expressed enthusiasm about Hellman’s arrival, noting, “Tom has over 30 years of experience in oil and gas across multiple companies in various operational roles and senior management positions. He is not only a seasoned leader but also someone who embodies our core values. We look forward to his contributions to our executive leadership team as we navigate the opportunities before us.”
John Raines, who previously held the position of vice president for the Delaware Basin, has been with Devon since 2005. Throughout his tenure, he has occupied various management roles, including vice president of the Rockies business unit and vice president of Land and Regulatory. Raines holds a bachelor’s degree in finance and energy management from the University of Oklahoma and a juris doctor degree from the Oklahoma City University School of Law. He is a licensed attorney in Oklahoma and a member of the Oklahoma Bar Association.
Trey Lowe, who was formerly vice president and chief technology officer, leads a team that encompasses Devon Energy Ventures, operational technology, IT, and other digital teams. Joining Devon in 2005 from Schlumberger, where he held various engineering and management positions, Lowe earned a Bachelor of Science in Chemical Engineering from Oklahoma State University and has served as a past Distinguished Lecturer for the Society of Petroleum Engineers.
Tom Hellman comes to Devon from Marathon Oil Corporation, where he spent seven years in several leadership roles, most recently as vice president of Operations for Marathon’s Permian and Oklahoma assets. He has also held leadership positions at WPX Energy, APA Corporation, and BP plc, among other energy companies. Hellman graduated from the University of Alberta in 1991 with a Bachelor of Science degree in Petroleum Engineering.
Devon Energy Corporation, based in Oklahoma City, is an independent energy company engaged in oil and gas exploration and production. It is recognised as a leading US-based independent oil and gas producer and is included in the S&P 500 Index.
For more information visit www.devonenergy.com
