Awards & Scholarships

H. Mark Krause, Jr., was graduated from Louisiana State University in 1936 with a B. S. degree in petroleum engineering. He began his 41 year career with Humble Oil and Refining Co;, and its successor Exxon U.S.A., as a Rotary Rig Floor Man. He progressed to Senior Engineer in the Houston Headquarters in 1945, Assistant Division Engineer in New Orleans in 1948, and Chief Engineer of Humble's Gulf Coast Division in Houston in 1951. He later rose to Area Engineering Coordinator, Area Operations Superintendent, and, in 1965, to Division Joint Interest Manager, the position he held until I his retirement in 1977. From 1977 to 1982 Mr. Krause served as a Consultant for Westland Oil Development Corporation and in 1979 assumed the additional responsibility for production operations for Westland. Mr. Krause most recently served on a consulting program with independent operators in the Central Louisiana Wilcox producing area.

Mr. Krause served as President of the Society of Petroleum Engineers of AIME in 1966. He was a member of the SPE-AIME Board of Directors from 1959 to 1961 and from 1965 to 1967 and served on the AIME Board of Directors from 1965 to 1968. Mr. Krause was the 1951 Chairman of the Delta Section, a member of the Board of Directors of the Gulf Coast Section in 1953-54, and has been active in many important committees within both the Society and the Institute. In 1971 Mr. Krause was the recipient of the SPE Distinguished Service Award.