Mar 6, 2024
In this episode of the Oilfield 360 Podcast, Wayne Cutrer, CEO of Downhole Chemical Solutions, shares his journey from growing up in Louisiana with deep family ties in oil and gas to founding and leading a pioneering chemical solutions company in the industry. Recorded at the Thrive Energy Conference in Houston, Texas, Wayne discusses the inception of Downhole Chemical Solutions during the challenging oil price crash of 2015, alongside his business partner, Chase Copeland. He highlights their innovative approach to slick water fluid systems and the development of proprietary dry friction reducer technology. Wayne also delves into the company's strategic decision to become employee-owned through an Employee Stock Ownership Plan (ESOP), fostering a transformative corporate culture of shared success and resilience. The episode illuminates Wayne's belief in the importance of people, teamwork, and the potential for future growth and consolidation in the oilfield chemical sector.