Lateral Technology Corporation: Redefining Excellence in MWD Services and Rentals
Established in August 2022 and formerly known as Vertex Downhole Inc., Lateral Technology Corporation has quickly emerged as a trailblazer in the oil and gas industry. As a leading provider of Measurement While Drilling (MWD) services and rentals, Lateral Technology Corporation has built an impeccable reputation for delivering state-of-the-art solutions and exceptional customer satisfaction.
With a comprehensive portfolio of services, including MWD, Azimuthal Gamma, and Babelfish connectivity, Lateral Technology Corporation is dedicated to enhancing drilling efficiency, accuracy, and safety. Their cutting-edge tools and technologies have set new benchmarks in the industry, enabling clients to optimize their operations and maximize return on investment.
In the highly competitive world of oilfield services, Raulie Pederson has made a name for himself as a seasoned veteran with an exceptional 30-year track record. His diverse background spans the realms of Directional Drilling, MWD, LWD operations management, Research, Engineering, and international operations in Latin America and Asia. With unwavering dedication and an impressive set of skills, Raulie has left an indelible mark on every company he has worked with, be it in the form of substantial revenue growth, groundbreaking technological advancements, or strategic business development.
His extensive career boasts impressive tenures at industry-leading firms such as Baker Hughes INTEQ, Crescent Directional Drilling, EACIIT, Sundrill Energy Services, and Vertex Downhole. Through these roles, Raulie has demonstrated a keen understanding of both the technical and managerial aspects of the oilfield services sector. Furthermore, his entrepreneurial spirit and business acumen have enabled him to co-found a successful big data software company and lead its expansion in the US market.
This introduction serves as a testament to Raulie Pederson's multifaceted expertise and vast experience, which has propelled him to his current position as the COO of an MWD technology provider. As the industry continues to evolve, there is no doubt that Raulie will continue to make significant contributions to the oilfield services sector and beyond.
An accomplished oilfield veteran. Paul has consistently demonstrated adaptability in business development and operations. Paul had a wealth of customer facing experience at BHI, Smith International / Schlumberger and Weatherford.
Always focused on customer needs, reducing drilling times and delivering value.
He has experience in every US basin and many international locations. Graduate of the University of Arizona.
Jaime J. Lopez, a highly skilled Electrical and Electronics Engineer, has consistently proven himself as a dedicated and innovative professional in the oil and gas industry. With a strong educational foundation from Universidad Juarez Autonoma de Tabasco in Mexico, Jaime has amassed extensive experience and knowledge that spans over two decades.
His career journey began at Integradora de Perforaciones y Servicios (IPS) in 2005, where he initially took on the role of MWD Shop Manager and later became the MWD Field Coordinator. Jaime's expertise in tool testing, maintenance, logistics, and personnel management paved the way for his future success.
In 2007, Jaime joined Crescent Directional Drilling, where he held various positions over the course of almost nine years.
Jaime's journey continued at Wellbenders Directional Drilling in March 2016, where he served as the MWD R&D Manager. In this role, he successfully improved maintenance processes, set up a shop in Midland and Conroe, and provided technical support to clients. Under his leadership, the company achieved a significant increase in the Mean Time Between Failures (MTBF)
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