The Texas Oil & Gas Association (TXOGA) has hired Dean Foreman as chief economist.
Foreman joins TXOGA after most recently serving as Chief Economist at the American Petroleum Institute in Washington DC, where he directed and oversaw the Institute’s economic functions. He also developed strategic and operational plans to help support the oil and gas industry through the analysis, evaluation and reporting of market and critical economic information.
Prior to joining API, Foreman was the Chief Economist for ExxonMobil Corporate Planning from 2002 to 2008. From 2009 to 2013, he was a member of the exploration and production company’s executive team Canadian Talisman Energy, where he focused on corporate planning, coverage. / marketing and business development. From 2013 to 2015, he led the risk management function in North America for the South African energy and petrochemical conglomerate Sasol.
According to a statement provided by TXOGA, Foreman will begin work in this role at the end of this month.
“Dean brings a wealth of experience that will greatly benefit the Texas oil and gas industry as well as TXOGA’s member companies. His nearly two decades of industry experience working in forecasting, analysis and research will help enable this industry to continue to be the trusted partner that benefits all Texans,” said Todd Staples, president of TXOGA.
“Texas is the epicenter of US energy production and is vital to our nation’s security, economy and future. If Texas were a country, it would be the nation’s fourth largest oil producer and would occupy third in natural gas production. Last year, TXOGA members supported approximately 443,000 direct jobs and paid $24.7 billion in state and local taxes and royalties,” said Foreman . “I am excited to join the Association to help keep Texas a national and global energy leader.”
Foreman graduated from the University of Florida, where he earned a doctorate in economics. He did his undergraduate work at the University of South Carolina and earned an Honors College BARSC degree in mathematics and economics.
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