RAY PRESTRIDGE 817-***-**** adya9f@r.postjobfree.com

www.linkedin.com/in/ray-prestridge

OPERATIONS EXECUTIVE

Certifications: OSHA 10 OSHA 30 OSHA 5810 HazCom DOT Certified Compliance Officer

Six Sigma Project Management PEC Certified Instructor Core Compliance Certified

Operations executive with strong business acumen supported by success in driving efficiencies, delivering unprecedented operating/cost savings, and directing major analytical and field projects across a wide array of enterprise functions, including, sales, engineering, and technology. U.S. Veteran.

Captured new opportunities based on business development expertise and ability to market products and services effectively to C-level personnel.

Sources and identifies state-of-the-art technologies, including negotiating pricing structures that reverse inefficiencies tied to cleaning and purification of produced water, enabling cost-effective disposal of rendered water aligned with environmental safety standards.

Revitalizes operations and infrastructures of highly regulated energy industry organizations experiencing severe legal issues, including non-compliance, excessive citations stemming from lack of vehicle usage control causing undue liability, fuel consumption costs, and damage reporting issues.

Highlights:

Architected comprehensive infrastructure supporting a drilling and completion program in the Eagle Shale entity from inception through management and on-time, under-budget deployment, adopted as procedure and in use to date.

Effectively directed insurance claims project utilizing Six Sigma Project management techniques, contributing to successful development of Insurtrak Claims processing software for the State National Bank, resulting in reduction of headcount and expediting claim turnaround time.

Piloted confidential bid process for vendor selection and bid award process and instituted revenue stream from sales of a by-product being produced internally during processing.

Delivered $4M in annual savings for Penn Virginia Oil & Gas by writing and initiating a cost-per-barrel methodology allocating drilling and completion costs with fluid delivery to partners engaged in the well pool.

Established company’s accounting (AP/AR) department utilizing existing resources. Expedited invoicing turn time by 2 weeks, reduced outstanding collections by 30 days, and created a single point of contact for customers with billing and payment inquiries.

Core Competencies:

Program Development Process & Continuous Improvement Cost Reduction & Control Policy & Procedure Development DOT Compliance Management Safety & Regulatory Compliance Asset Allocation & Management Contract Negotiations

Budgeting P&L Reporting Project Management Infrastructure Support OSHA Quality Management Systems

EXECUTIVE EXPERIENCE

Flowpoint Services Midland, TX

Vice President Operations 2022- Present

Leading water solutions provider in the energy sector. Committed to delivering efficient, safe and environmentally responsible water management solutions. Comprehensive services include water transfer, water sourcing, water treatment, and HDPE pipe rental and installation.

Created employee retention program and increased employee retention by 20%. Established an employee recognition program spotlighting high performing employees monthly. Revamped employee housing program and implemented corporate apartments for tenured employees.

Lowered repair and maintenance costs by 35% by creating an in-house service and repair team. Purchased tools and equipment needed to perform field level services. Hired and empowered a Shop Foreman to lead a team of four in house mechanics.

Implemented pump management plan worth $660k annual savings. Created Operations Controller position to manage all rentals strategically to match the demand of client need and demand. Worked with key vendors to standardize pricing across all lines.

Qwik Pipe, Inc. Houston, TX

Vice President, Operations/Chief Compliance Officer 2016-2021

Fluid transfer services organization for the oil and gas industry. Provides rental equipment and turnkey systems to transfer fluids between resources supporting drilling and completion operations with annual revenues of $45M and 300 employees.

Hired to establish organizational change, drive operational efficiency, and accelerate revenue. Support senior management to grow company, manage staff of 285, and >$90M P&L.

Slashed fuel consumption 40% and decreased public roadway exposure 35%. Established and implemented company’s first-ever fleet management procedure working in partnership with human resources. Authored vehicle usage policy, installed GPS tracking systems capable of monitoring location, speed, and historical trip data. Instituted use of service data forms for service needs, log vehicle repair, and warranty issues.

Turned around organization experiencing excessive citations spanning a broad range of transportation industry violations through development and implementation of corrective/preventative action policies. Reduced financial burden from >$175K to <$31K, reversed DOT rating from unsatisfactory to conditional status, removed company from DOT mandatory inspection list, positioned all CDL drivers to achieve 100% FMCSA standards, and drove 60% improvement in service.

Instrumental in acquiring and implementing state-of-the-art technology for safety reporting and collaborated with insurance providers to conduct accident/incident investigations.

Innovated compensation reward program for drivers, and launched driver ‘Statement of Understanding’ acknowledged by employee sign-off for all drivers, confirming understanding of a DOT load vs. non-regulated load. Originated recognition program for drivers cited for inspection and passed with no violations or warnings.

Brought company compliant with the National Compliance Management System annual audit requirement. Assembled 263-Page rebuttal and response to the official DOT audit findings and implemented/manage quarterly random complete DOT audit for all driver and equipment files.

Penn Virginia Oil & Gas L.P. Houston, TX

Water Resource Manager 2014-2016

An independent oil and gas company engaged in exploration, development, and production of oil, NGLs, and natural gas across domestic onshore regions of the U.S. with $1.6M in annual revenue.

Recruited to develop, direct, and sustain infrastructure system supporting drilling and completion operation in Gonzales, Lavaca, and Fayette counties. Managed $45M P&L, vendor relations, and contract negotiations for fluid delivery and disposal to and from well site operations.

Saved company $4M annually as a result of writing a cost-per-barrel accounting program working with the legal team and the VP of Operations by apportioning drilling and completion costs with fluid delivery to all partners in the well pool.

Originated and Chaired Water Management Executive Committee conveying infrastructure expansion need supporting growth of the drilling and completion program. Delivered unprecedented cost savings, including $30K-$45K in savings per-well site in drilling and completion activities.

Championed water sourcing program enabling underground water pipeline transport and allocation supporting remote locations.

Promoted drilling and completion activities and secured regulatory permits for movement of liquid assets across county lines by cultivating and sustaining relationships with local County Commissioners.

Southern Oilfield Services Fort Worth, TX

Chief Operations Officer 2012-2013

Providing best-in-class Hot Oil Services and general well servicing to the oilfield industry.

Managed $9M annual income and directed financial management, planning, systems, and controls. Monitored short and long-term financial and managerial reporting, administered taxes, and reconciled financials.

Captured $150K of monthly earnings by separating revenue and expenses from original line of business and newly-created oilfield entity.

Orchestrated reporting structure and requirements for individual regions of the Oilfield Services Group from evaluation and appointment of qualified leaders through requirements and performance expectations of regional leaders. Achieved 100% data accuracy of each region’s sales, revenue, and expense data.

Raised Southern Oil Field Services contract rankings from ‘at risk’ and ‘negative status’ to ‘acceptable, based on the industry standard tracking system and reversed OSHA non-compliance by hiring a Health, Safety, and Environmental (HSE) Manager accountable for HSE reporting and conformance, including written and published policy.

Setup a drug and alcohol protocol program conforming to industry standards for hiring and maintaining records. Engaged with local collection site, created account for processing employees, and designated DER achieving all legal guidelines.

Established company’s accounting (AP/AR) department utilizing existing staff member. Expedited invoicing turn time by 2 weeks, reduced outstanding collections by 30 days, and created a single point of contact for customers with billing and payment inquiries.

Vanderra Resources, LLC Fort Worth, TX

Division Manager, Water Transfer 2008-2012

Oil and gas field services company doing business in 4 states comprised of construction, roustabout, containment services, equipment rental, and water transfer. Served in the Utica Shale, Eagle Ford Shale Barnett Shale, and Marcellus shale entities.

Hired by COO and company owner to lead division across 3 states, including PA, TX, and OH with full empowerment for key decision-making to drive market share, sales, and operational efficiency. Developed and implemented efficiency improvement methodologies to slash operating expenses, manage risk, and standardize processes/procedures.

Saved $3,500 in monthly lease expenses and $300.00 in monthly utilities, slashed excessive payroll 60%, and reduced liability of vehicle risk 55% through effective lease agreement termination for additional facility.

Secured permits for urban drilling and maintained compliance with TXDOT regulations working with municipalities.

Created transparency of payroll overtime and employee efficiency as a result of devising a tracking methodology within the payroll system, requiring employees to code time to specific project and client, ensuring 100% of time billed by balancing purchase order requests with relevant expenses. Developed job cost analysis initially not in place.

Earlier experience:

Operations Manager at Water Providers Inc. and Western Company of Texas

PROFESSIONAL DEVELOPMENT

Education: Bachelor of Business Administration, Marketing

University of Louisiana at Monroe, Monroe, Louisiana

Certifications: PEC Certified Instructor (Core Compliance) Safe Land; Safe Gulf

PEC Certified Instructor (Basic), PEC H2S Awareness Instructor

Certified DOT Drug & Alcohol Collection Specialist

Certified Environmental Specialist Course (in progress)

Six Sigma Green Belt

Training: Osha 5810-Oil Field Safety, OSHA 30 & OSHA 10 General Industry Awareness, OSHA, OSHA HazCom

Completed Department of Transportation (DOT) Regulatory Compliance course, Qwik Pipe, Inc.

Other: Commissioned Notary Public, State of Texas

MILITARY BACKGROUND

United States Army/United States National Guard

Honorable Discharge

Training:

Primary Leadership Development (PLD)

Basic Non-Commissioned Officer Leadership Course (BNOC)

Advanced Non-Commissioned Officer Leadership Course (ANOC)

Recognitions:

National Defense Service Ribbon

Army Accommodation Medal (ARCOM)

Contact this candidate