Jared Blong is one of Octane Energy’s founders and serves as its President and CEO. Mr. Blong has a diverse background in operations, risk management and business development, combined with a strong knowledge of the soft and technical aspects of the drilling industry. Prior to founding Octane, he was the Director of Risk Management for Western Drilling, Inc., where he established an addiction to the drilling business. While with Western, he managed a broad range of processes from finance to field operations. He also honed a broad technical knowledge of drilling equipment and downhole troubleshooting. Throughout the course of Jared’s career, he has had a proven track-record of new business development and management, with a natural ability to connect people and cultivate relationships.
Mr. Blong holds a BBA from Tarleton State University in Stephenville, TX. A native West Texan, Jared lives with his wife and three children in Midland and is invested in the community and in the long-term success of the oil industry as a whole. Jared serves on the board of the Permian Basin Fellowship of Christian Athletes and is former Chairman of the International Association of Drilling Contractors (IADC), Permian Basin Chapter, where he worked to reestablish a strong Permian presence within the global IADC community.
Jared’s ability to think creatively to find innovative solutions is born out of his experience within, as well as outside the drilling industry. Jared seeks to lead Octane into a strong future of excellence and continual innovation driven by its great people.
Joe Cervantes is one of Octane Energy’s founders and serves as its COO. Mr. Cervantes has spent almost 40 years in the drilling business and is a self-professed drilling addict. Prior to founding Octane, he was the Drilling Manager for JB Hunt Oil & Gas, a privately held Wolfberry driller, where his efficient practices drove a financial company turn around and led the company to become the most efficient driller in the 1-6 rig category in all of the US onshore market. Before joining JB Hunt, he spent 5 years managing drilling operations with Amerimex, an operator-owned drilling startup focused primarily on the red hot Barnett. Most notably, Joe spent 18 years with Patterson, starting with the company when it had only 3 rigs. While with Patterson, he grew in responsibility, knowledge, and expertise as he helped them grow into a drilling powerhouse.
Throughout Joe’s career, he has proven to be a strong critical decision maker in high pressure environments. While serving the industry for the last four decades, Joe has drilled, managed, or consulted on more than 4000 wells located domestically in Texas, Oklahoma, Colorado, and New Mexico and internationally in Venezuela. Mr. Cervantes holds numerous industry specific credentials and is a recognized expert in dealing with challenging downhole conditions.
A native West Texan, Joe lives with his wife and has three grown sons all involved in the drilling business. Additionally, Joe and his wife operate MAC Trucking, an oilfield-focused hot shot company based in Big Spring, TX. Joe’s unconventional thinking is born out of his storied career and having successfully implemented much of the technology seen over that time. Joe seeks to lead Octane into a strong future of excellence and continual innovation driven by its great people.