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Matt Gipson

NOV Senior Vice-President

Matt Gipson is a prominent figure in the oil and gas industry, currently serving as the Senior Vice President of Extract Production at NOV, a leading provider of technology-driven solutions for the energy sector. He has a rich background in the industry, having co-founded Extract Companies, LLC, which encompasses Extract Production Services, HOSS Pump Systems, and Extract Gas Lift Systems. Under his leadership, Extract has grown significantly, expanding from less than $10 million in revenue to approximately $250 million by servicing major energy producers across the U.S..12

Professional Background

  • Education: Matt Gipson holds an MBA from the University of Tulsa and a Bachelor of Science in Business Management from Oklahoma State University.
  • Previous Roles: Before his current position, he was an operating partner at White Deer Energy and held leadership roles at several companies, including Dover Artificial Lift and Baker Hughes (Centrilift). His experience spans business relationship development, operations, sales strategy, and account management across various North American oil and gas basins.12

Contributions and Achievements

Gipson has been instrumental in strategic initiatives such as the acquisition of Veretek, aimed at enhancing production efficiency while reducing carbon emissions. His focus on customer service excellence and operational success has established Extract as a key player in the artificial lift market.34 In January 2024, he expressed optimism about Extract's future under NOV's ownership, highlighting the company's commitment to maximizing economic returns for its clients.2

Skills and Expertise

Matt Gipson's expertise includes:

  • Leadership and team building
  • Strategic planning and mergers & acquisitions
  • Artificial lift technology
  • Financial management
  • Customer service culture development

His extensive experience reflects a dedication to driving innovation and operational excellence within the energy sector.123

Highlights

Jan 30 · riatacapital.com
Riata Capital Group Sells Extract Companies to NOV
Riata Capital Group Sells Extract Companies to NOV
Extract Companies Completes Acquisition of Veretek
Extract Companies Completes Acquisition of Veretek

Related Questions

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How did Matt Gipson contribute to the growth of Extract Companies?
What is Matt Gipson's background before joining Extract Companies?
What strategies did Matt Gipson implement at Extract Companies?
How has Matt Gipson's leadership impacted Extract Companies' market position?
Matt Gipson
Matt Gipson, photo 1
Matt Gipson, photo 2
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Location

Tulsa, Oklahoma, United States