John McDougal has more than 40 years of commercial, turnaround, and corporate and project management experience in the upstream, midstream, and electric power industries.
Mr. McDougal has managed & originated multiple gas gathering, processing, and transmission systems across the Mid-Continent, Gulf Coast, and Rocky Mountain regions. His experience further includes M&A, joint venture, start-ups, and marketing & trading of power, gas, oil, and NGL’s.
John served as Senior Vice President for Energy Transfer where he turned around a 1,400 mile Rockies gas gathering and processing system, with 5 plants, and grew the annual EBITDA by 400% while restoring and expanding customer relationships, adding contract term and increasing acreage dedications. He also signed new contracts with two anchor tenants, in the summer of 2012, which supported $100 million of future system expansions scheduled to be completed in 2013. Subsequently he completed an auction process divesting the system for $207 million in late 2012.
Prior to ETP, he served as Vice President-Business Development, Strategy, and Energy Marketing, as well as Chief Commercial Officer for OGE Enogex, where he led the commercial activities of the turnaround of $1.1 Billion of midstream assets including a 10,200 mile gathering transmission, and storage pipeline “hub” connecting 15 major pipelines across 60 interconnect points, 7 gas plants with an inlet capacity of 733 MMCF per day, and 23 BCF of natural gas storage working capacity serving > 1.5 BCF per day of electric generation
Further, John originated a project resulting in Mid Continent Express and Gulf Crossing projects being built, yielding a new ten year firm transportation agreement in 2007 to ship 275 MMCF per day across the OGE Enogex intrastate pipeline, and oversaw the connection of 781 new wells to the gathering system over a three year period. He also sold gas gathering systems in Eastern Oklahoma for $93 million in 2006, and an interstate pipeline for $177 million in 2005.
Besides serving increasingly responsible roles in industry leading upstream and midstream companies, John also founded asset based companies with marketing and trading capabilities to take advantage of market disruptions at the onset of both the deregulation of the electric power industry in 1997, and the natural gas pipeline industry in 1986: an unregulated subsidiary of CLECO Corporation, and a private gas pipeline and marketing company, respectively. Mr. McDougal earned a B.S. in Administration/Accounting from Oklahoma State University in 1976.