What does it take to go from the courtroom to the oilfield?
On this episode of Oilfield 360, hosts David De Roode and James Wicklund talk with Lucas Jovi, President & CEO of Go Wireline.From his start as a lawyer in Las Vegas to leading a wireline company in North Dakota, Lucas shares key insights on technology, industry challenges, and the impact of Go Wireline’s move to an Employee Stock Ownership Plan (ESOP).
A must-listen for anyone in the energy space!
00:00 Introduction and Host Banter
00:18 OTC Week in Houston
01:53 Guest Introduction: Lucas Jovi
02:38 Lucas Jovi's Background and Career Journey
03:34 The Boom in Williston, North Dakota06:24 Starting Go Wireline
15:35 Family Life and Moving to Williston
18:48 Curling and Oil Field Technology
26:50 Raising the Bar: Achieving NASA-Level Standards
27:20 Scaling Up: From Small Business to Industry Competitor
28:05 Challenges in the Wireline Sector
29:10 Maintaining High Standards in a Competitive Market
30:02 Expanding Operations and Infrastructure
31:39 Employee Motivation and Retention
34:12 The ESOP Transition: Empowering Employees
40:29 Navigating Market Challenges and Opportunities
44:16 The Role of Bankruptcy in the Oilfield Service Sector
50:10 Strategic Growth and Equipment Management
57:03 Final Thoughts and Words of Wisdom
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