Exploration & Processing - Winter 2011 - (Page 88)

FLOTEK INDUSTRIES INC. BY ALAN DORICH AFTER 25 YEARS, THE HOUSTON-BASED FLOTEK INDUSTRIES INC. SAYS IT HAS EXCELLED WITH ITS GREEN CHEMICAL PRODUCTS. AHEAD IN GREEN F or Flotek Industries Inc., its strongest assets are not just its products or services, but also its various teams of employees. “No one person or group of people are solely responsible for [Flotek’s] success, but rather the entire company commitment to provide both technical and economic value to our clients,” says John Chisholm, chairman of the board and president. The Houston-based company supplies drilling and production-related products and services to the energy and mining industries, as well as specialty drilling, completion and production chemicals to the service and production companies. Flotek has three divisions: its specialty chemicals and logistics branch, its drilling products division and its artificial lift division. Growing Its Capabilities Originally, Flotek Industries started operations in British Columbia in 1985 and slowly migrated to the United States, Chisholm says. Throughout the years, the company enhanced its capabilities through numerous acquisitions. This included Spidle Sales and Services Inc., a downhole tool company which had rental, sales and manufacturing operations in the Rocky Mountains. Today, Flotek Industries employs approximately 300 employees and serves such service companies as Halliburton, BJ Services and Schlumberger Ltd. “In the downhole tool [market], we do a lot more selling to the oil and gas producers, such as Shell, BP and Chesapeake,” says Steve Reeves, executive vice president of operations, business development and special projects. In the chemicals market, the company primarily sells to service companies as well as the end user through Sooner Energy Services. Leading in Green Flotek Industries is proud of the work of its specialty chemical division, Reeves says. The division specializes in products and services for maximizing recovery in new and mature fields. “Our CESI branded micro-emulsions are patented and therefore, unique in the oil and gas market,” Reeves says, noting that these products are composed of renewable plant-derived cleaning ingredients and oils, and are biodegradable. “Some of these have received WINTER 2011 Flotek Industries supplies drilling and related products and services to the energy and mining industries. It has three divisions: its specialty chemicals and logistics branch, its drilling products division and its artifical lift division. COMPANY PROFILE Flotek Industries Inc. www.flotekind.com 2009 sales: $112 million HQ: Houston Employees: Approximately 300 Specialty: Drilling and productionSteve Reeves, executive vice president of operations, business development and special projects: “We have built something related products and services pretty rapidly over the last five years from a very small company.” 88 | EXPLORATION-PROCESSING.COM http://www.EXPLORATION-PROCESSING.COM

Table of Contents for the Digital Edition of Exploration & Processing - Winter 2011

Exploration & Processing - Winter 2011
Contents
Redefining Refining
Synfuels Success
A Natural Solution
After the Fallout
Uranium on the Rise
Galleon Energy Inc.
Gibraltar Mines Ltd.
The Municipal Group of Companies
Selwyn Resources Ltd.
Redmond Minerals Inc.
Copper Fox Metals
Henry Resources
OFM Pump Inc.
Sunshine Oilsands Ltd.
Pacific Rubiales Energy Co.
Thermo Design Engineering
Alexco Resource Corp.
North American Palladium
Mammoet Canada Eastern Ltd.
KSM Inc.
Industrial Equipment Manufacturing Ltd.
Flexpipe Systems
Guyana Goldfields Inc.
Flotek Industries Inc.
Dominion Terminal Associates
Compressor and Engine Service LLC
BEHR Energy Services Ltd.
LoneStar Energy Fabrication
American Oil & Gas – The Goliath Project
Alberta Oilsands Inc.
Southern Petroleum Laboratories Inc.
Cochrane Technologies Inc.
Crystal Flash Energy
Energold Drilling Corp.
Esperanza Resources Corp.
Explorator Resources Inc.
Rush Sales Co.
Kimber Resources Inc.
Nelson Bros. Oilfield (1997) Services Ltd.
Gulf Copper and Manufacturing
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Exploration & Processing - Winter 2011