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Energy Executive Patrick Noyes to Present Commencement Address
March 30, 2016
Successful Alum: Patrick Noyes, a 1976 mechanical engineering graduate, is president and chief executive officer of Grenadier Energy Partners in The Woodlands, Texas.
Oil and natural gas exploration leader Patrick J. Noyes, president and chief executive officer of Texas-based Grenadier Energy Partners, will present the commencement address at his alma mater on May 28. He also will receive an honorary doctorate in engineering during the institute’s 138th commencement ceremony.
Noyes founded Grenadier Energy Partners, a limited liability company, in 2007 to help expand oil and natural gas assets in America’s energy sector. The company is based in The Woodlands, Texas.
Prior to this venture, Noyes spent three years (2003-06) as chairman, president, and CEO of Stroud Energy, Inc. in Fort Worth, Texas. He led the substantial turnaround of a company that was financially distressed into one that was sold in June 2006 with an enterprise value of $455 million, production at more than 30 million cubic feet per day, and proven reserves at 159.4 billion cubic feet.
Noyes’ career in the oil exploration industry also has included a year (2002-03) as co-founder of American EnergyQuest, a private company involved in the efforts to form and finance the acquisition of certain producing oil and gas properties; and 22 years (1980 to 2002) with Mitchell Energy Company, where he became vice president of drilling and services. Controlling all drilling operations and reserve bookings, Noyes helped propel Mitchell Energy’s Barnett Shale activity from a two-rig program to 18 rigs by January 2002. This brought about a threefold increase in net production. In 2001, Mitchell drilled a total of 360 wells with a capital budget of $345 million, accounting for the addition of approximately 388 billion cubic feet of proved oil and natural gas reserves.
Noyes earned a bachelor’s degree in mechanical engineering from Rose-Hulman in 1976. He received the Alumni Association’s Honor Alumni Award in 2011 for meritorious service to the institute, contributions to the nation’s interests, and professional achievements. While at Rose-Hulman, he was a four-year varsity letterman in football, and his name can still be found in several of Rose-Hulman’s career, season, and game gridiron record areas.