BP hires SandRidge exec Lawler as CEO for U.S. Lower 48

BP (BP -0.4%) has hired SandRidge Energy (SD -1.5%) COO David Lawler as the chief executive for its newly separated U.S. Lower 48 Onshore business.

SD had promoted Lawler to COO in April 2013 following two years as executive VP of operations; previously, he had led PostRock Exploration and spent a decade with Shell in a variety of roles.

BP's business in the continental U.S. operates in multiple gas basins from the onshore Gulf coast north through the Rocky Mountains, and its portfolio includes an unconventional resource base of ~7.6B boe across 5.5M acres and an interest in ~20K wells.

SD says it is beginning a search for Lawler's replacement, while also promoting senior VP Craig Johnson to executive VP of operations.

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