Episode #65. Drilling into what it takes to be successful with Wayne Prejean

From the Oilfield to the Boardroom 

In this episode of The Oilfield 360, hosts David de Roode and James Wicklund sit down with Wayne Prejean, President and CEO of Drilling Tools International, to discuss his journey—from working in the oilfield wearing many different hats—to the boardroom of a publicly-traded oilfield service company.

It’s a conversation full of real-world insights, hard-earned lessons, and honest reflections on leadership and resilience. More than just an industry discussion, it’s a down-to-earth look at what it takes to build something that lasts. 

Tune in now! 

00:10 Discussing the State of OTC

01:42 Introducing the Guest: Wayne Prejean

02:09 Wayne's Early Life and Career Beginnings

04:08 Working in the Oil Field: Challenges and Experiences

11:56 Personal Life and Marriage

16:36 Career Transitions and Horizontal Drilling Innovations

30:32 Challenges in the Oil Industry

31:29 The Importance of Continuous Learning

32:41 Taking Risks and Volunteering

33:54 Gaining Respect in the Field

40:10 Career Progression and Mentorship

53:56 Entrepreneurial Leap

01:02:14 Rapid Business Growth and Challenges

01:03:11 Buying Out a Business Partner

01:03:56 Selling the Company to Varco

01:08:00 Legal Battles and Patent Infringement

01:14:45 Post-Sale Ventures and New Businesses

01:21:50 Becoming a Public Company

01:34:12 Reflections on Leadership and Family

01:37:03 Conclusion and Final Thoughts