"[1] He made such a favorable impression with his knowledge and devotion to work that CGC management assigned him to take charge of a subsidiary company, a declining utility in Wisconsin.

[1] In 1905, he started Henry L. Doherty & Co., which provided technical and financial consulting services to utility companies.

In 1916, he established the Doherty Energy Research Laboratory Co. (DORELCO) in Bartlesville, Oklahoma to advance his theories about field unitization as a means of oil conservation and as a location to train petroleum geologists and engineers.

He received numerous awards and recognition for his contributions to the development of scientific methodology in the petroleum industry.

In 1969, Columbia University added his name to the Lamont–Doherty Earth Observatory, after the Henry L. and Grace Doherty Charitable Foundation made a large contribution.

[5] Doherty eventually had controlling interests in 150 firms, which collectively served 9,000 locales in the U.S. and Canada, and a cumulative 600,000 stockholders.