Peyton Yates, Jr.

Peyton Yates

B.S.P.E. 1965, M.S.P.E. 1966
Former President, Yates Drilling Company, Former Executive Vice President, Yates Petroleum Corporation

Peyton Yates has played a crucial role in his family’s business for more than 30 years, and made valuable contributions to the petroleum industry, his community and country.

After earning his bachelor’s degree in petroleum engineering in 1965 and his master’s degree in 1966, Mr. Yates served in the United States Army as a 1st Lieutenant with a tour of duty in Vietnam from 1966 to 1968. After returning home, he joined the Chevron Oil Company as a petroleum engineer.

He joined the Yates companies in 1970. In 2007 he was president of Yates Drilling Co. and executive vice president of Yates Petroleum Corp. The company is among the largest independent oil and gas companies in New Mexico, with a sizeable presence in other states.

Mr. Yates’ additional industrial and civic involvement includes serving as a past president of the New Mexico Academy of Science and The Independent Petroleum Association of New Mexico. He is a past president of Boy Scouts of America Conquistador Council in Southeast New Mexico, and now serves as Chairman of its Council Trust Committee. He is a past director of the Federal Reserve Bank of Dallas El Paso Branch and a past member of the board of directors of the Federal Reserve Bank of Dallas. He currently serves on the board of directors of both the College of the Southwest in Hobbs, New Mexico and for the Petroleum Association of Wyoming. In July 2000, the Rotary Club of Artesia, New Mexico named him a Paul Harris Fellow.  Mr. Yates is currently Chairman of the Management Committee of Artesia MainStreet.

A long-time supporter of UT Austin, he is a member of the Department of Petroleum and Geosystems Engineering Advisory Board and is a Friend of Alec.  Peyton is married to Linda and is the father of three children, two stepchildren, and a proud grandfather of two.

OYEG Honorees

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