Coyle to lead Ineos’ shale business

Oct. 16, 2017
Ron Coyle will head Ineos AG’s shale business in time to oversee the drilling of its first UK gas wells.

The newly appointed chief executive officer previously served as commercial director of Ineos Phenol since 2010 after joining the company in 1998. He succeeds Gary Haywood.

“With a diverse and knowledgeable shale team in place and a significant portfolio of land now secured, Ineos Shale is now ready to move into an operational phase,” the company said in a statement. “Ineos Shale will shortly commence drilling test wells. Once the data from these surveys has been analysed, Ineos Shale will be well positioned to move into a production phase.”

Ineos Shale is the onshore division of Ineos Upstream. The unit has licenses in North and South Yorkshire, the East Midlands, and Cheshire. Earlier this year it completed the acquisition of Engie E&P UK Ltd.’s UK onshore Petroleum Exploration and Development License interests, increasing its total UK acreage held under licence to more than 1.2 million acres.