Press Releases

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.

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.

Austin, TX, September 5, 2018 (Newswire.com) – JP3 Measurement, LLC (JP3) is pleased to announce that it has received the Best Analyzer Technology award for 2018 by Hydrocarbon Processing magazine. The award, which was announced at the Houston ceremony on August 30, recognizes the high potential of the recently launched JP3 Digital Crude Signature technology.

Click here for more information about the Verax SSG/SSL.

Click here to see press release with photos.

For Immediate Release:

Austin, TX (March 1, 2018) – JP3 Measurement, the leading real-time data and analytics firm in the energy industry, today announced the launch of a new line of economical online oil and gas analyzers. 

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.