Everette Lee DeGolyer was born on September 10, 1886, in Greensburg, Kansas. He was the eldest of three children born to John and Narcissa Kagy Huddle DeGolyer. His father was involved in mining, which sparked DeGolyer's interest in geophysics from a young age.
DeGolyer attended college to study geophysics, and during summers, he worked with the U.S. Geological Survey to gain practical experience in the field. After completing his education, he started consulting for oil companies, using his expertise in geophysics to help them locate oil deposits.
DeGolyer's entrepreneurial spirit led him to organize the Amerada Petroleum Corporation, which later became the successful Fortune 100 oil company Hess. He also founded Geophysical Service Incorporated, a company that utilized geophysics to discover oil reserves.
Despite his success in the business world, DeGolyer never forgot the importance of giving back. He became a prominent local philanthropist in Dallas, where he was based. He used his wealth to support various charitable causes, leaving a lasting impact on the community.
DeGolyer's family played a significant role in his life. His upbringing in Kansas and the values instilled by his parents shaped his character and ambition. He credited his success to the support of his family and the lessons learned from his father's mining business.
DeGolyer's influence extended beyond the oil industry. His GSI company spun off an equipment-designing branch called Texas Instruments, which later played a pivotal role in the development of the microchip. His innovative approach to geophysics and entrepreneurship paved the way for future advancements in technology and business.
Everette Lee DeGolyer passed away on December 14, 1956, leaving behind a legacy of success and philanthropy. His contributions to the oil industry and his dedication to giving back to the community continue to inspire future generations.