Discover how C3 Oilfield Services is revolutionizing well stimulation and remediation using propane and butane technology. In this episode of the Local Energy Podcast, we sit down with Tadd Wallace, founder of C3 Oilfield Services, to discuss his journey from small-town Texas to building one of the most innovative companies in the oil and gas industry.
Tadd shares how C3 was specifically designed to thrive during market downturns, achieving 100% utilization while many competitors struggle. Learn about the cutting-edge use of liquid propane and butane for well stimulation, how this technology solves problems like gas condensate loading and paraffin buildup, and why major operators are calling C3 to rescue wells from the plug and abandon list.
This conversation goes beyond technology to explore entrepreneurship in oil and gas, the critical generational knowledge gap in the industry, and why the shale revolution is far from over. Whether you're an operator, service company owner, or aspiring entrepreneur, this episode is packed with insights and practical advice.
KEY TOPICS COVERED:Propane and butane well stimulation technologyBuilding a downturn-resistant oilfield services companyGas condensate removal and production optimizationWorking with major operators on P&A well recoveryEntrepreneurship advice for young oil and gas professionalsThe generational knowledge gap in the industryWhy we're still in the first inning of the shale revolutionBuilding effective teams with experienced talentOpportunities for self-employment in oil and gas
ABOUT TADD WALLACE:Tadd Wallace is the founder of C3 Oilfield Services, a Houston-based company specializing in well stimulation and remediation using propane and butane technology. With a background working at companies like GasFrac and SIN Oil, Tadd developed proprietary methods for using non-damaging hydrocarbon fluids to restore production in both vertical and horizontal wells across multiple basins.
ABOUT C3 OILFIELD SERVICES:C3 Oilfield Services provides innovative well stimulation and remediation solutions using propane, butane, and other hydrocarbon solvents. The company operates across Texas, Oklahoma, Louisiana, New Mexico, and Colorado, serving both independent operators and major oil companies. C3's technology is approved by the Texas Railroad Commission as an Enhanced Oil Recovery method, providing tax credits for operators.
ABOUT THE LOCAL ENERGY PODCAST:The Local Energy Podcast features conversations with entrepreneurs, operators, and innovators in the oil and gas industry. Hosted by Peter Brecht and Wade Spear, the show explores the people and technologies shaping the future of energy.
TIMESTAMPS:0:00 - Introduction0:16 - Welcome Tadd Wallace from C3 Oilfield Services1:11 - Tadd's background and journey into oil and gas2:18 - The origin of propane/butane well stimulation technology3:08 - Building a company designed for downturn markets4:04 - C3's geographic footprint and current operations5:27 - What does a C3 unit look like?6:58 - Pumping propane: Technical challenges and solutions8:02 - Horizontal vs vertical wells8:47 - How propane works as a solvent and stimulation fluid10:15 - Gas condensate removal and production optimization12:30 - Working with major operators14:45 - Paraffin removal and heavy oil applications17:20 - Equipment and operational setup19:40 - Starting a company from scratch21:50 - Entrepreneurship in oil and gas24:23 - Why major customers are calling C325:19 - Building without a blueprint27:12 - Company culture and staying operational29:08 - The shale revolution is still in the first inning30:03 - Rod Lewis and entrepreneurship inspiration31:54 - Leveraging experienced talent in the industry34:24 - Building teams: Finding the right people35:26 - Landman TV show discussion37:21 - How to connect with C338:20 - Plug and abandon well recovery40:13 - The P&A problem and opportunities42:15 - Final thoughts and wrap-up