(346) 240-4731 info@FTRoilandgas.com

About Us

Our Story

Flat Time Reduction was founded in 2013 by a husband and wife team of engineers. Based in Houston, TX, FTR is a company built on a solid foundation of Industrial Engineering and LEAN Manufacturing.  Prior to forming FTR, our company co-founders spent time working in manufacturing, transportation, and oil and gas.  Drawing on experience and knowledge gained from each industry, they recognized the potential for the oil and gas industry to benefit from a new system – LEAN Oilfield SolutionsTM

Flat Time Reduction takes a “new old school” approach to process improvement.  We believe in measured data, harnessing technology, and boots on the ground.  This approach is what makes FTR unique.  Our combination of multi-industry experience and oilfield toughness makes us valuable; and our drive to earn respect makes us successful.

FTR firmly believes in the oil and gas industry and supports the U.S. Shale Revolution.  We look forward to the future of our great industry.

Our Team

Thad Dunham

Managing Partner

Thad holds a Bachelor of Science in Industrial Engineering Technology from Purdue University. His career started in 2006 with Lowes Home Improvement as a Field Industrial Engineer.  At Lowes he learned the fundamentals, and how to apply Industrial Engineering and LEAN to virtually any operation.

In 2009, he took a new position with the land rig design team at National Oilwell Varco in Houston, TX.  In the West Texas oilfields, Thad learned extensively about field operations and recognized the industry’s potential for LEAN implementation.  He dedicated over two years to studying every possible field operation.

After co-authoring the rig mobilization chapter of the IADC Drilling Manual and presenting at the 2014 IADC/SPE Premier Drilling Event he began receiving positive feedback and consulting inquiries; Flat Time Reduction was formed shortly thereafter.   Thad currently serves as Vice-Chairman of the IADC Rig Moving Committee where he collaborates on developing safer and more efficient rig moving standards. To date he has spent over four years of field time working to improve various rig operations.  In his spare time, Thad enjoys spending time with his family, golfing, and hunting. 

Michael Dodick

SVP Business Development

Michael Dodick is a consultant who has provided answers, ideas, results, and momentum for companies in the oil and gas industry in the United States and the Arabian Gulf region.  “Buck” has demonstrated an ability to find the path to innovation in any difficult challenge and believes that it is important to maintain the big picture in order to effectively accomplish your goals.  

Along with other accomplishments, Michael has contributed to the success of many land rig operators and drillers through his early work revolutionizing rig mobilization.  Qualified in well control, he has also devised and implemented company-wide well control programs increasing safety, efficiency, and marketability for contractors.

Past positions include 5 years as a Global Program Manager and Vice President of Operations for a highly successful consulting company.  Michael earned his MBA after a 21-year career in the United States Navy. Commander Dodick retired with over 3500 hours and 300 arrested landings flying for the United States Navy and Delta.

Join Our Team

FTR is growing and looking for qualified engineers and sales professionals to join our team.  If you would like to be considered for a position please send us a resume at: Careers@ftroilandgas.com