Flotek CEO Visits TPH

Casey ColelloLatest News

In a world in which we’re still in the early innings of true completions optimization, we were pleased to host John Chisholm, Chairman, President & CEO of Flotek Industries, a leading oilfield specialty chemicals and logistics provider. Philadelphia Eagles fans still basking in the afterglow of their Super Bowl victory will be interested to know Mr. Chisholm learned valuable leadership lessons from noted Philly coach Dick Vermeil during John’s (admittedly brief) stint as a backup QB before heading to the oil patch in 1977. Pro football’s loss was the oilfield service industry’s gain and Mr. Chisholm cut his (entrepreneurial) teeth during the extreme boom/bust time period of the late 1970s and early 1980s, eventually founding (in 1985) a completion diagnostic services business which would become a centerpiece of Core Laboratories’ production enhancement portfolio when it acquired John’s company in 1996. Mr. Chisholm stepped up to serve as Flotek’s interim President during the global economic meltdown of 2009 and successfully shepherded the company through some harrowing days. John took the helm as Flotek’s CEO in early 2012. Against the backdrop of a rather fragmented oilfield specialty chemicals industry, and E&P operators’ quest for better capital efficiencies, we look forward to monitoring Flotek’s market share gains over time given its intriguing customized chemistries approach to helping E&P operators get the most out of their reservoirs during the completion and production phases of the life cycles of their wells.

Bryon Pope, John Chisholm, Danielle Allen, George O’Leary, David Orr