Announcements

With new flare regulations being published by the EPA, JP3 has announced that its’ rugged, powerful laser calorimeter system is ready to meet these new regulatory requirements by providing real time net heating value (NHV) and composition measurements.

JP3 is partnering with several flare measurement solution providers to help the oil & gas industry ensure compliance and interpret the new rules accurately.

HOUSTON, September 20, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Tom Redlinger as Vice President of its rapidly expanding, high margin Data Analytics segment. The appointment of Mr. Redlinger further strengthens the executive leadership team, while bringing deep energy industry expertise to the Data Analytics business, which supports customers through real-time data, monitoring, and visualization across the energy value chain utilizing the Company’s proprietary JP3 unit.Ryan

Come visit JP3 Measurement at the upcoming Analyzer Technology Conference in Galveston, TX from May 15-18, 2022!

JP3 Measurement has been selected as a presenter at the ATC symposium, where Nate Watson, Director of Chemometrics, will discuss Pipeline Batch Interface Detection and Transmix Reduction utilizing JP3’s novel AIDA system.

Austin, TX, October 27, 2021 –  JP3 Measurement, LLC (“JP3”), a wholly-owned subsidiary of Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the release of a new generation of international ATEX/IECEx certified online analyzers. The Verax ISX/IMX™ analysers (“Verax™”) are specifically designed to withstand routine exposure to extreme outdoor environments, ambient temperatures up to 55°C/131°F and sandstorm pollution common to international environments.

Austin, TX, October 15, 2021 – JP3 Measurement, LLC (“JP3”), a wholly-owned subsidiary of Flotek Industries, Inc. (NYSE: FTK) today announced the release of AIDA, a revolutionary new patent pending application for its line of Verax^TM near infrared real-time analyzers.

HOUSTON, JUNE 22, 2020 — Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) is pleased to announce TengBeng Koid will be joining the Company as President, Global Business. In this role, he will oversee the Company’s domestic and international business development strategy for both divisions of Flotek – Energy Chemistry Technologies and its newly established Analysis & Data division, through the recent acquisition of JP3.

HOUSTON, May 18, 2020 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) announced today it has acquired 100% ownership of JP3 Measurement, LLC (“JP3”), a privately held leading data and analytics technology company, in a cash-and-stock transaction. The transaction is valued at approximately $34.4 million, comprised of $25 million in cash and 11.5 million shares in Flotek common stock, with the assumption of $1.3MM of debt and an additional $5 million earn-out based on appreciation of Flotek’s share price.

For Immediate Release: Austin, TX (May 13, 2020) – JP3 Measurement, LLC, is pleased to announce it is working with Phillips 66 to launch a revolutionary data service solution which could deliver considerable savings to refined fuel producers, transporters and distribution terminal operators.

Optimizing Condensate Stabilizers: Getting the Last Barrel, Sponsored by GPAC Thur, May 21, 2020, 12:15 – 1:30 pm CDT Please register: https://www.makingmeasurementsmatter.com/offers/CPLitxkS/checkout

The primary function of a gas plant is still the recovery and purification of methane for transport as natural gas; however, the importance of producing and high value natural gas liquids (NGL’s) and hydrocarbon condensates has increased dramatically in recent years.

JP3 was scheduled to present our Introduction to Spectroscopy training during the International School of Hydrocarbon Measurement’s 2020 event (second consecutive year). Unfortunately, due to matters related to Covid-19, ISHM has been cancelled and rescheduled for 2021.