Prior to joining Concho, Mr Hyde was employed by Occidental Petroleum for over 25 years in a variety of capacities, including his last position as the asset manager of Oxy Permian’s South Permian asset.

Timothy Leach, chairman and CEO of Concho Resources, said: We are very pleased that Matt has joined our management team. Matt’s background and experience complement our management team exceptionally well; his technical background and knowledge base position him well to make significant contributions to our future success.