From his humble beginnings as a building employee and later a instrument pusher, Odessa’s Tommy Pipes has by no means been afraid to pay his dues.
That angle finally carried him to a high-level administration place with Key Vitality Companies till his retirement in 2011. That retirement didn’t final lengthy nonetheless; that very same yr he joined forces with a number of companions to launch the extremely profitable, Platinum Pipe Leases.
It additionally made him the proper option to function president of the Permian Basin Worldwide Oil Present, which he’s needed to steer by way of two years of COVID-19.
“We did must cancel final yr’s present for the protection of all,” Pipes stated. “However we’re doing good. Now we have excellent board members, committee chairs and glorious group volunteers with loads of expertise doing this.
“It’s made it straightforward for me. I simply must help their efforts.”
A longtime govt board member, Pipes’ well-rounded information in varied elements of the oil business additionally made him the logical option to oversee this yr’s occasion, his friends say.
Pipes, 66, was born in Bryan, and is a 1973 Bryan Hill graduate.
From 1974 to 1981 he labored within the building business within the Bryan/School Station space earlier than transferring to Odessa in 1981 the place he was employed as instrument pusher by Yale E. Key.
For the subsequent 30 years, Pipes labored his method up the ranks by way of the corporate which might finally grow to be Key Vitality Companies. After working as a instrument pusher for a number of years, he was promoted to district supervisor, space supervisor, vice-president of Permian Basin Operations after which junior vice-president of Decrease 48 Rig Operations.
The primary crossroads Pipes confronted was forsaking his building job and beginning over as a instrument pusher. The considered beginning a brand new profession is a scary proposition to contemplate.
“It was a troublesome choice, however the best choice,” Pipes says wanting again. “I had to consider the long-term alternatives and contemplate the place the ceiling was for me.”
“It’s more durable for youthful folks to see that.”
The gamble was profitable, however Pipes needed to be affected person and begin on the backside once more with Yale E. Key. His persistence paid off as his position superior with the rising firm.
Though he actually did intend to retire in 2011, he noticed a distinct segment alternative with Platinum Pipe Leases, which has grown right into a full-service drill pipe and tubular rental firm that serves the Permian Basin, South Texas and East Texas.
Pipes is a co-owner within the firm, which additionally consists of Larry Nunez, Mickey Padilla and Scott Sparkman. The 4 males all have totally different backgrounds within the oil enterprise which counterpoint one another, Pipes stated.
“I had the chance to begin a enterprise with pals,” Pipes stated. “All of us share the identical values, and perception in serving prospects.
“Plus, all of us have loads of expertise within the enterprise and had loads of contacts that we delivered to the desk.”
The as soon as 4-person firm, now boasts 28 fulltime staff.
Pipes says the corporate’s conservative strategy is an enormous cause why it’s been successful.
“Our business is cyclical,” Pipes stated. “There’s occasions when you’ve got extra work than you are able to do, and different intervals the place every thing stops.”
Throughout the slower intervals, the corporate invests in key personnel and tools that different companies are slicing free to save cash. It’s been a profitable components, Pipes stated.
When he’s not occupied with work, the daddy of two sons is spending time along with his six grandchildren or on a golf course.
Taking time to spend with household and having fun with life, is simply as vital to discovering success, Pipes stated.