Caswell Silver

Caswell Silver (June 25, 1916 – October 18, 1988) was a geologist and an entrepreneur who was President of Sundance Oil Company from 1970 to 1984. In addition to the business of oil and gas exploration, he was active in the American Association of Petroleum Geologists and published original research on petroleum geology. He endowed the Caswell Silver Foundation at the University of New Mexico.

Early life and education

Silver was born in New York City and grew up in Waterbury, Connecticut as the next to youngest of four brothers and a sister.[1] After first enrolling at the University of Connecticut in 1934, for reasons of health he headed west and ultimately enrolled at the University of New Mexico in Albuquerque, where he earned his bachelor's degree in 1940 with a major in geology and mathematics.

He went to work for the US Geological Service, mapping silver mining districts in the San Juan Mountains of Colorado. He subsequently served as an assistant togographic and hydrographic engineer with the U.S. Coast and Geodetic Survey in Cape Fear, North Carolina.[2]

Military service in World War II

Silver joined the U.S. Navy in 1942 and served three years in the Photo Interpretation Branch of the Naval Intelligence in the South Pacific in Guadalcanal and Hawaii, attaining the rank of Lieutenant.[2]

1945–1988

After the War, Silver returned to the University of New Mexico, where he completed a master's degree in geology. "Silver always said that he chose a master's degree program in geology rather than in physics, which he also loved, because he liked to gamble".[3]

Making his home in Albuquerque, Silver worked as a consultant in gas exploration and development, and eventually became an independent operator while also being a consultant on oil and gas exploration and precious metals mining. He also conducted research, joined the American Association of Petroleum Geologists (AAPG), and became a fellow of the Geological Society of America. He published several scientific papers, and in 1952 co-authored a book with Vincent C. Kelley on “The Geology of the Caballo Mountains”. He helped to found the New Mexico Geological Society in 1947 and served as its president in 1957-8.[4][5]

In 1959 Silver moved with his family to Denver, Colorado, where he had purchased controlling interest in Sundance Oil Company, a Utah company. At the time, Sundance was earning small royalties and had no full-time employees. Over the next 24 years, serving as President of the company, Silver built Sundance into an independent oil and gas exploration company, discovering and developing fields in Colorado, Nebraska, and, in 1971, Alberta, Canada. Over the years, the company's stock exchange listing moved from the Salt Lake Stock and Mining Exchange, to the Pacific Coast Stock Exchange, to the American Stock Exchange.

Silver continued to publish research and remained active in the AAPG and other professional associations. In 1980 he was a founding trustee of the Geological Society of America Foundation.[6]

In June 1984, Silver resigned as President, Chief Executive Officer, and Chairman of the Board of Sundance. He sold all of his family’s interests in the company.[7]

Caswell Silver Foundation

In 1980 Caswell and his wife Elizabeth established the Caswell Silver Foundation as a 501c3 endowment at the University of New Mexico. This Foundation is administered by the Department of Earth and Planetary Sciences,[8] and supports visiting professorships, graduate fellowships, undergraduate research, and lectures by distinguished scholars.[9]

Selected publications

Honors

Personal

Caswell married Elizabeth Silver (née Bauserman) on August 5, 1936, and they had two daughters, Anne Silver and Sue Silver Harivandi.[14] Caswell Silver was a brother of Caltech geologist Leon Silver (who also served on the Caswell Silver Foundation board), and a great uncle of statistician-journalist Nate Silver. Caswell Silver is buried in Santa Fe National Cemetery, Santa Fe, New Mexico. Elizabeth Silver died in Santa Fe on July 3, 2009, at the age of 93.[15]

External links

References

Notes
  1. ↑ Nolan Ashburn, “Memorial to Caswell Silver,” AAPG [American Association of Petroleum Geologists] Bulletin, 1989, Vol. 73, No. 5.
  2. 1 2 Ashburn, "Memorial to Caswell Silver".
  3. ↑ Ashcraft, Ellen K. (2002). "Caswell Silver Foundation is Sterling". Developments (Albuquerque: University of New Mexico) (Spring 2002). Retrieved 2014-06-30.
  4. ↑ Home page: "The New Mexico Geological Society" credits Vincent C. Kelley, Caswell Silver, and Gordon H. Wood, for conceiving its formation in 1947. [Source retrieved 7-20-2014].
  5. ↑ Stuart A. Northrop, "History of New Mexico Geological Society, 1947-1976: GEOLOGIC NOTES," AAPG Bulletin, Vol. 61, No. 11 (November), 1977: 2012-2016.
  6. ↑ Lee J. Suttner, "GSA Foundation Milestones," GSA Today: A Publication of the Geological Society of America, Vol. 10, No. 1. (January 2000), p. 34.
  7. ↑ "Sundance Oil Chief Leaves," The New York Times, June 26, 1984; "Sundance Oil Chief Steps Down, Sells Holding to Triton Energy," Chicago Tribune, June 26, 1984.
  8. ↑ UNM Department of Earth and Planetary Sciences.
  9. ↑ Caswell Silver Foundation at University of New Mexico.
  10. ↑ University of New Mexico, "Honorary Degrees".
  11. ↑ "Meteorite Yields New Mineral," Lawrence Journal-World, October 11, 1981.
  12. ↑ Webmineral.com "Caswellsilverite Mineral Data", IMA approved 1982.
  13. ↑ Akihiko Okada and Klaus Keil, "Caswellsilverite NaCrS2: a new mineral in the Norton County enstatite achondrite," American Mineralogist, Vol. 67 (1982): 132-136.
  14. ↑ See Ashburn, “Memorial”.
  15. ↑ "Elizabeth Silver Obituary," Santa Fe New Mexican, 2009. More information on her life is given in the funeral notice [retrieved July 20, 2014].
  16. ↑ Cronkite CBS News interview of Caswell Silver.
Sources

This biography draws substantially on the testimonial by Silver's long-time colleague Nolan Ashburn, published in the bulletin of the American Association of Petroleum Geologists: Nolan Ashburn. “Memorial to Caswell Silver, 1916-1988,” AAPG Bulletin, 1989, Vol. 73, No. 5.


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