Louis W. Powers (Lou), is President of Powers Petroleum Consultants. Lou's experience includes 50+ years in production research, reservoir engineering, operations management and consulting.
Lou worked for Exxon for 21 years, primarily in Texas. He then spent 2 years (1977 to 1979) in Saudi Arabia as ARAMCO’s Chief Petroleum Engineer. He then entered the consulting business.
In 1979, Lou left Exxon to become co-founder of Patterson, Powers and Associates, Inc. In July 1984, Lou founded and became President of Powers Petroleum Consultants, Inc. Since 1986, Lou has co-authored several papers and reports about the petroleum industry and future oil and gas prices. He recently has addressed the malaise in the national energy situation. He has traveled to the oil centers of the world, including Europe, Russia and the Middle East..
Lou was given the IPAA Award of Merit in 1992 in Orlando, Florida for his work on U.S .oil import vulnerability. At that time his report was sent to each Congressman and Senator. In 1994, he issued a report to the Government related to Section 232 of the National Security Petition and raised the question, “Can America Afford another War over Oil.”
In 1995, he sold his consulting company, but has continued to be active in the oil and gas industry, including consulting and presenting his thoughts to financial groups, civic clubs and professional organizations. He has served as Recording Secretary, Historian, Vice Chairman, and Chairman of POPS (Pioneer Oil Producers Society). He is a Legion of Honor member of the Society of Petroleum Engineers.
Lou is a graduate of two universities: Oklahoma State (BS,1957) and Ohio State (MS, 1958) in Mechanical Engineering.