JP3 Measurement
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Press Releases

Category: Press Releases

JP3 Announces Solutions for New Flare Regulations

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.

JP3 and Flotek Welcome Tom Redlinger as VP of Data Analytics

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

Flotek Industries, Inc. Releases New International ATEX/IECEx-Certified Verax ISX/IMX™ Online Analyzers (10/27/2021)

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.

Flotek Welcomes New President of Global Business (6/22/20)

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.

Flotek Acquires JP3, Leading Data and Analytics Technology Company (5/18/20)

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.

Kevin Brown Joins JP3 Board of Managers (11/13/17)

For Immediate Release:

 Austin (November 13, 2017) – JP3 Measurement, LLC (JP3) is pleased to announce that Kevin Brown of Houston has joined the company’s Board of Managers. Kevin brings extensive industry knowledge of the refining and downstream oil businesses to the Board and continues the company’s growth into the crude trading data services market.