<p>How do you turn a startup launched during a downturn into a major oilfield technology success story?</p><p><br /></p><p>On this episode of The Oilfield 360 podcast, hosts David de Roode and Victoria Beard Queen sit down with Neal Lux, CEO of Forum Energy Technologies (and TV Star - Landman appearance), to discuss his path from co-founding Global Tubing to leading FET today.</p><p><br /></p><p>Lux shares insights on scaling a coil tubing startup, the Smart Taper innovation that improved weld fatigue life, and how technologies like subsea robotics and remote ROV operations are shaping the future of oilfield services. </p><p><br /></p><p>00:00 Why Oil and Gas Matters</p><p>00:36 Podcast and Sponsors</p><p>03:48 Meet Neal Lux</p><p>04:54 From Consulting to Maverick</p><p>07:55 Joining a Risky Startup</p><p>11:30 Global Tubing Early Struggles</p><p>13:37 Culture and Innovation</p><p>15:29 Coil Tubing Explained</p><p>17:54 Smart Taper Breakthrough</p><p>19:13 Designing for Long Wells</p><p>21:16 Beyond Intervention Use Cases</p><p>23:22 Partnering with Operators</p><p>25:33 Why They Bought Eagle</p><p>26:12 Joining the Forum Family</p><p>27:04 Leadership Under Chris</p><p>27:49 COVID Debt Turning Point</p><p>28:32 What FET Does Today</p><p>30:17 FET 2030 Growth Plan</p><p>33:10 Landman TV Cameo</p><p>37:02 Subsea Robotics Innovation</p><p>39:38 Lessons From Mistakes</p><p>41:52 Life Outside Work</p><p>45:13 CEO Reality Check</p><p>48:34 Investor Story and Value</p><p>50:21 NYSE Texas Listing</p>