Chris Beckett, Founder and CEO, Pacific Drilling Featured

8:01pm EDT June 30, 2012
Chris Beckett, Founder and CEO, Pacific Drilling

FINALIST / OIL FIELD SERVICES

In 2008, Chris Beckett left a career with an established offshore drilling contractor to build an ultra-deepwater drilling company — from scratch.

Despite the huge challenges and personal risk of this decision, Beckett believed in the possibilities of a company created without the legacy problems common to companies developed over time through mergers and acquisitions.

His willingness to think beyond the established convention has helped put Paci?c Drilling in a unique position in the offshore drilling industry.

Bucking the traditional model of building a management team exclusively from oil services industry veterans, Beckett purposefully developed a management team that includes subject matter experts from a variety of professional backgrounds.

By doing so, he hoped to ?nd the best solutions and processes for Paci?c Drilling, not just the customary way of doing things.

Beckett empowers his employees to make suggestions and take ownership of processes and projects. To date, Paci?c Drilling has experienced employee turnover below the average for its peer companies.

Beckett’s model has led the company to phenomenal success. The company has gone from 16 employees in 2008 to more than 700 employees in 2012 and from two operational drill ships in 2011 to four in 2012 with two more on order.

Beckett, CEO, remains excited about the future of the company and believes there is opportunity to grow the ?eet to 10 to 12 ships in the near future. He believes that with the technology and experience in ultra-deep-water drilling, Paci?c Drilling will be a preferred provider in the offshore drilling environment as customers look to capitalize on different regions previously not accessible by other competing offshore drilling companies. ?

HOW TO REACH: Paci?c Drilling, www.paci?cdrilling.com