General Industry Service Award, Texas 2016

Awarded to: Well Master Corporation

Judges Comments

“Package submitted addressed all four of the elements listed. Citing a special case study that helped an operator solve a problem where others had failed and boost productivity set them apart from others.”

Well Master Corporation – Corporate Overview

Well Master Corporation, based in Golden, CO and founded as a Colorado Company in 1984, designs and manufactures premium plunger lift systems for the oil & gas industry. Well Master focuses on optimizing oil & gas production (utilizing plunger lift systems) by minimizing total cost of ownership and maximizing return on investment for customers using Well Master products and services.

Well Master’s impressive growth during the downturn is led by new product innovations protected by international patents and backed by Computational Fluid Dynamics (CFD) and Aerospace Engineering. Additionally, Well Master is the only company in the industry to take a production engineering approach to optimizing plunger lift wells. Well Master does things differently than the typical “trial and error” tool selection approach typically seen in plunger lift optimization. The applications engineering team helps operators manage their well “as a business” by maximizing production as well as reducing your LOE.

Well Master has accomplished much of the above by compiling an entrepreneurial and visionary leadership team determined to deliver service and value to its customers, channel partners, and employees. Employee talent has grown seven fold since 2009, each engrained in the corporate values of “trust”, “respect”, and the authority to “do the right thing” in all relationships.