Robert Van Osdell West, Jr.
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Robert Van Osdell West Jr. was an
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, p ...
entrepreneur engaged in the oil and gas business. He is noted for founding the American energy company Tesoro Petroleum Corporation. West was also an explorer and was part of those who discovered the Bob West Field, one of the largest gas field discoveries during the 1990s.


Biography

West was born in Kansas City, Missouri but he grew up in
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. His early education was completed at Cascia Hall Preparatory School. He then obtained a Bachelor of Science degree in
Chemical Engineering Chemical engineering is an engineering field which deals with the study of the operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials ...
in 1942 from the
University of Texas at Austin The University of Texas at Austin (UT Austin, UT, or Texas) is a public university, public research university in Austin, Texas, United States. Founded in 1883, it is the flagship institution of the University of Texas System. With 53,082 stud ...
. He completed his doctorate degree in chemical and petroleum engineering at the same university.


Career

West spent his entire career working in the petroleum industry. He then rose from the ranks to become the president of Texstar Corporation, the consolidated company of
Tom Slick Thomas Baker Slick Jr. (May 6, 1916 – October 6, 1962) was a San Antonio, Texas-based inventor, businessman, adventurer, and heir to an oil business. Slick's father, Thomas Baker Slick Sr., a.k.a. "The King of the Wildcatters", had made ...
's various investments and gas and petroleum properties. In 1964, West founded Tesoro as a spinoff of Textar Petroleum. The firm, which was based in
San Antonio, Texas San Antonio ( ; Spanish for "Anthony of Padua, Saint Anthony") is a city in the U.S. state of Texas and the most populous city in Greater San Antonio. San Antonio is the List of Texas metropolitan areas, third-largest metropolitan area in Texa ...
, began as a small regional firm. According to West he was expected to fail due to the lack of capitalization. Tesoro began with $1,000 investment. When Tom Slick, the owner of Texstar Corporation died, West persuaded his executor to sell the company to him. Using a $6.5 million loan, he purchased and merged Texstar into Tesoro. To stabilize the company, West found two more publicly traded companies - Intex Oil company and Sioux Oil Company - and merged them with his company to form the new Tesoro in 1968. Under his leadership, Tesoro discovered the Bob West Field in 1990. This oil field, which is located in Starr county, Texas Railroad Commission District 4, is one of the largest gas field discoveries in the past three decades.


Controversy

West had been involved in an attempt to bribe a
Trinidad and Tobago Trinidad and Tobago, officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean, comprising the main islands of Trinidad and Tobago, along with several List of islands of Trinidad and Tobago, smaller i ...
finance minister by soliciting the services of a prostitute after the state announced that it was considering a tax policy that would have affected Tesoro’s business. By 1985, West claimed that Tesoro’s joint venture with the government of Trinidad and Tobago could face a write-down in the latter’s attempt to confiscate the company. West died on November 16, 2006, due to respiratory failure.


References

{{DEFAULTSORT:West, Rober Van Osdell 1921 births 2006 deaths 20th-century American businesspeople