Jack Pierce (oilman)

John Michael "Jack" Pierce (22 February 1924 – 8 June 1991) was a Canadian oilman. Pierce was the president and chairman of Ranger Oil Limited, an oil and gas company based in Calgary, Alberta. He is best known for co-leading the 1974 discovery of the 1.2 billion barrel Ninian Oil Field in the North Sea. The Pierce Field, located in blocks 23/22a and 23/27a of the North Sea, is named in his honour.

Biography

John Michael Pierce was born in Westmount, Quebec on 22 February 1924 to Ashkenazi Jewish parents Richard Moses Pierce (1880 – 1947) and Flora Elizabeth Asch (1891 – 1975). Richard Pierce was born in Kaltinėnai, Lithuania, and immigrated with his family to Winnipeg, Manitoba. During World War I, he served at the rank of Captain with the 106th Regiment, Winnipeg Light Infantry as a rifle instructor. After the War, Richard settled in Montreal and ran the Pierce Fur Company. Flora Pierce was born Flora Ascherenka in Rotterdam, The Netherlands. Richard and Flora married in Montreal in 1918.

Jack graduated from Westmount High School in 1942. He had learnt to fly when he was 15, and during World War II he served in the Royal Air Force as a pilot in 45 Group, RAF Ferry Command. During 1943 and 1944 Pierce lectured in navigation and meteorology for the McGill University Air Training Corps (UATC). Following the War Pierce entered McGill as a student. In 1945 he served as the first McGill Veterans' Liaison Officer and as the McGill delegate at the First National Conference of Student Veterans. That same year he acted as a witness before the Special House of Commons Committee on Veterans' Affairs. In 1948 Pierce graduated Bachelor of Science in geology and economics.

Pierce's first job out of university was with Sun Oil in Beaumont, Texas. He then moved to Tulsa, Oklahoma to work for a small independent oil company. In April 1950 Pierce was one of the founders of Ranger Oil Company Limited in Lusk, Wyoming. Around 1953 Pierce moved to Calgary and in 1954 became the vice president of West Maygill Gas and Oil Limited. West Maygill had been incorporated in Ontario on 21 August 1950 as the Maygill Petroleum Company, and on 13 May 1954 changed its name to West Maygill Gas and Oil Limited. In 1955 Pierce assumed the presidency. In October 1956 West Maygill purchased controlling stock of Ranger from American Leduc Petroleums Limited of New York. Upon the acquisition by Maygill, Pierce was elected a director of Ranger. In 1958 Maygill merged with Ranger and on 5 August 1958 became Ranger Oil (Canada) Limited.

In the early 1970s Pierce partnered with British Petroleum in a North Sea exploration project. In January 1974 the BP-Ranger 3/8-1 well discovered crude in the Ninian Field. The reserves in this field were estimated at 1.2 billion barrels, which equaled a quarter of Canadian domestic conventional reserves. After five years of preparation, production began on 23 December 1978. In 1978 Pierce also assumed the chairmanship of Ranger and held this until his death. He relinquished the presidency in 1985. In 2000 Ranger was acquired by Canadian Natural Resources Limited.

In February 1988 Pierce was made the Honorary Lieutenant Colonel of the Calgary Highlanders. He held this position until his death. Pierce was the founder of the Glenmore Sailing Club and served as its first Commodore. He was a member of several Calgary clubs including the Calgary Petroleum Club, the Ranchmen's Club, and the Glencoe Club.

Pierce was married to Erna-May. They had five children: Richard, Michael, Caroline, Andrea, and Robert. For many years Pierce lived on the Turner Valley Ranch (now White Moose Ranch) in Turner Valley and flew his plane into the city to work. On 8 June 1991 Pierce died at age 67 while on a cattle round-up."Announcements." ''Calgary Herald'' 12 June 1991, p. D5. A memorial service for Pierce was held on 17 June at Mewata Armoury by the Highlanders. Pierce was buried with his parents in the Shaar Hashomayim Cemetery in Outremont.

See also

* Newman, Peter C.
The thoughts of Chairman Jack
" ''Maclean's'' 5 September 1988, p. 37.

References

{{DEFAULTSORT:Pierce, Jack
1922 births
Canadian oilmen
Canadian businesspeople
1991 deaths
Canadian Ashkenazi Jews
Royal Air Force personnel of World War II
People from Westmount, Quebec
McGill University alumni
Jews from Quebec
Canadian expatriates in the United States
Canadian people of Lithuanian-Jewish descent