Mack C. Chase | |
|---|---|
| Born | April 29, 1931
Texas, U.S. |
| Died | October 2, 2023 (aged 92)
Artesia, New Mexico, U.S. |
| Occupation | Businessman |
| Known for | Richest person in New Mexico |
| Spouse |
Marilyn Yvonne Stack
(
m. 1953; died 2016) |
| Children | 3 |
Mack C. Chase (April 29, 1931 – October 2, 2023) was an American oil and natural gas businessman, who made his fortune in the oilfields of the Permian Basin in Texas and New Mexico. [1]
Early life
Mack C. Chase was born in Texas on April 29, 1931, the fourth of eight children of Edgar and Marie Chase. [2] [3] He started work in the oil industry at age 14, and after graduating from Artesia High School in 1950, went to work for Nash, Winfor and Brown. [3] He served in the US Army from 1951 to 1953 as an A&E mechanic during the Korean War. [2] [3]
Career
Chase worked on oilwells with his father and brother George, before starting his own business in 1968. [1]
In 1979, he went into partnership with John R. Gray and started the pumping services company Marbob Energy, before expanding into drilling, but they split soon after 1991. [1] Chase started Mack Energy, which in 2007 sold much of its property to Concho Resources. [1]
At the time of his death in 2023, Chase was still active in oil and owned ex Chase Farms and Deerhorn Aviation. [1] As of June 2017, Chase was the richest person in New Mexico. [1]
Personal life and death
In 1953, Chase, aged 22, married Marilyn Yvonne Stack, who was 18. They have three children, Robert, Richard and Gerene. [3] [1] She died in 2016, shortly after their 63rd wedding anniversary. [4] He lived in Artesia, New Mexico. [1]
Chase died in Artesia on October 2, 2023, at the age of 92. [5] [6]
References
- ^ a b c d e f g h "Mack C. Chase". Forbes.com. Retrieved June 1, 2017.
- ^ a b "Mack C. Chase, L.H.D. – Doctor of Humane Letters". University of New Mexico. May 3, 2019.
- ^ a b c d "Founder". Chase Foundation. April 29, 1931. Archived from the original on July 10, 2017. Retrieved June 1, 2017.
- ^ "Marilyn Chase 1935 - 2016 Obituary". Carlsbad Current-Argus. December 6, 2016. Retrieved September 4, 2018.
- ^ "Mack Chase Obituary 2023". Terpening & Son Mortuary. Retrieved October 10, 2023.
- ^ "Local philanthropist and businessman, Mack Chase has died at the age of 92". Artesia Daily Press. October 2, 2023. Retrieved October 2, 2023.
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- 1931 births
- 2023 deaths
- 20th-century American businesspeople
- 21st-century American businesspeople
- American energy industry executives
- Businesspeople from New Mexico
- People from Artesia, New Mexico
- United States Army personnel of the Korean War
- United States Army soldiers
- American business biography, 1930s birth stubs