Episode #64. Lucas Gjovig, CEO at GO Wireline
Description
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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