Lonnie Smith

About Lonnie Smith

Lonnie Smith, co-founder of Turnco and creator of the B.R.I.T.E. and D90 process, is the leading technical authority in solving BHA data analytics challenges for operators and drilling contractors alike. With 25 years of experience in bottom-hole assembly applications, Lonnie has the right experience and problem solver mentality to save operators NPT and money when reaching total depth. Smith’s revolutionary process, D90, provides the visibility, control, tool history and performance of BHA tools in real time, allowing companies the ability to rely on historical data to reduce NPT and optimize today’s drilling operations. He is an experienced process driven entrepreneur with a demonstrated history of building businesses in the oil and gas industry. Skilled in finance, negotiation, operations management, supply chain, and analytics. Executive Education Certificate in Energy from The University of Texas - Red McCombs School of Business. BA in Finance from University of Houston - Downtown. Accomplished public speaker - Certified Toast Master

Experience

1. President & Co-founder

   Turnco

   Mar 2012 — Present

   Turnco provides downhole drilling tool inspection services with a focus on OCTG and downhole assembly equipment inspections. We bring inspection expertise to every job through services that include Magnetic Particle Testing (MT), Liquid Penetrant Testing (PT), and Electro Magnetic Testing (EMI) services as well as advanced Ultrasonic Testing (UT). Our highly trained and experienced inspectors leverage these technologies to ensure products have no imperfections, cracks or damages. Our standard operating procedures are designed for visual inspection of API connections and all procedures conform to ASNT specifications. In addition to inspection we can provide full pipe service capability including, storage, straightening, machine thread repair, trucking, rattling, hard banding, just to name a few. We have 19 inspectors distributed across the southern US with offices in Houston, Midland, Oklahoma City, and Dallas. WE HOLD BOTH ISO AND API Q1 CERTIFICATION.

Education

• The Wharton School

  Executive MBA Candidate

• NACD

  Certificate of Completion, Executive Board Leadership

  2014 — 2014

• Texas McCombs School of Business

  Executive Education Certificate, Energy

  2014 — 2015

• University of Houston-Downtown

  Bachelor’s Degree, Finance, General