
Episode #65. Drilling into what it takes to be successful with Wayne Prejean
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About this listen
From the Oilfield to the Boardroom
In this episode of The Oilfield 360, hosts David de Roode and James Wicklund sit down with Wayne Prejean, President and CEO of Drilling Tools International, to discuss his journey—from working in the oilfield wearing many different hats—to the boardroom of a publicly-traded oilfield service company.
It’s a conversation full of real-world insights, hard-earned lessons, and honest reflections on leadership and resilience. More than just an industry discussion, it’s a down-to-earth look at what it takes to build something that lasts.
Tune in now!
00:10 Discussing the State of OTC
01:42 Introducing the Guest: Wayne Prejean
02:09 Wayne's Early Life and Career Beginnings
04:08 Working in the Oil Field: Challenges and Experiences
11:56 Personal Life and Marriage
16:36 Career Transitions and Horizontal Drilling Innovations
30:32 Challenges in the Oil Industry
31:29 The Importance of Continuous Learning
32:41 Taking Risks and Volunteering
33:54 Gaining Respect in the Field
40:10 Career Progression and Mentorship
53:56 Entrepreneurial Leap
01:02:14 Rapid Business Growth and Challenges
01:03:11 Buying Out a Business Partner
01:03:56 Selling the Company to Varco
01:08:00 Legal Battles and Patent Infringement
01:14:45 Post-Sale Ventures and New Businesses
01:21:50 Becoming a Public Company
01:34:12 Reflections on Leadership and Family
01:37:03 Conclusion and Final Thoughts