ODESSA, Texas (July 31, 2024) – Catalyst Energy Services announces Blaine Wilbanks as president and chief executive officer. With extensive industry leadership experience, Mr. Wilbanks will helm growth initiatives for the well completion services company aimed at further differentiating Catalyst’s natural gas technology and service solutions from its peers.
“Catalyst is a company of vision and opportunity backed by in-house experts and highly skilled crews. We are uniquely positioned to help operators complete their wells faster, safer, and more efficiently,” says Blaine Wilbanks, president and chief executive officer of Catalyst Energy Services. “Our VortexPrime fleet is growing, as are our service delivery capabilities, which include diesel, dual-fuel, and 100% natural-gas fleets. We’re able to complete pads more efficiently, which helps our clients where it matters the most by saving them time and money.”
Mr. Wilbanks steps into the role formerly held by co-founder, Bobby Chapman, whose vision for advancing equipment technology in well completion services laid the foundation for Catalyst Energy Services. Mr. Chapman will continue in his role as a company board member.
Catalyst Energy Services’ proprietary product, VortexPrime, features 100% natural-gas driven, 5,000 horsepower turbines that enable significant fuel savings, 40% lower emissions, and 95% waste reduction.
About Catalyst Energy Services
Catalyst Energy Services started with the idea that technology is the key to the future. We take the stewardship of preserving our world’s resources seriously, and we’re passionate about our industry because we help people every day. From manufacturing to transportation, from protecting frontline workers to creating everyday products, our industry keeps people safe, happy and connected.
We are an emerging stimulation service company specializing in hydraulic fracturing solutions with the equipment, people and technology to get your investment online as soon as possible. Built by an accomplished executive team with over 100 years of hands-on experience in the field, engineering and business management, we are supported by a highly experienced and knowledgeable operations team that maximizes equipment efficiency to achieve optimal operational results.
