John W. Wallace serves as Chairman and Chief Executive Officer of DeGolyer and MacNaughton, a role he has held since 2016. Since joining the firm in 1983, he has built more than four decades of experience in reservoir engineering, global energy consulting, and executive leadership. He has worked extensively in the Caspian region and has directed projects in Azerbaijan since 2016. Over his career, he has led complex reservoir simulation and field development studies across major basins in the Americas, Africa, Europe, Asia, the Middle East, and the former Soviet Union, with expertise in compositional modeling, enhanced recovery processes, and integrated reservoir and surface system optimization.
As CEO, Wallace has led the firm’s digital transformation, integrating advanced analytics and AI-enabled workflows to enhance efficiency and technical rigor. Under his leadership, DeGolyer and MacNaughton has expanded their energy transition capabilities, supporting clients worldwide in geothermal resource evaluation, carbon capture, utilization, and storage (CCUS), solution mining, coal gasification, and other emerging technologies.
Earlier in his career, Wallace directed numerous high-value reservoir studies, equity determinations, and arbitration support projects, applying advanced simulation and economic modeling to guide strategic investment decisions. Prior to joining DeGolyer and MacNaughton, he worked at Core Laboratories, conducting reservoir engineering studies in North America, North Africa, and offshore environments.
Wallace holds a Bachelor of Science in Petroleum Engineering from Texas A&M University and is a registered Professional Engineer in Texas. He is an active member of the Society of Petroleum Engineers and has been appointed to the U.S. National Petroleum Council.