flowco-inc.com

Revenue: 776,900,000 Size: 1200GB | DEEP WELL: Flowco Production Solutions Documents PROLOGUE Payroll records with employee names and positions. Executive bonus payments detailed to the cent. Complete customer database with order numbers, prices, and contacts. Supplier banking information. Tax returns for multiple years. Internal development plans by department. Asset purchase agreements worth millions of dollars. Trademarks and correspondence with law firms. Employee health insurance with detailed payment breakdowns. Medical insurance claims for hundreds of thousands of dollars with patient names and diagnoses. Accounts payable balances for 2025–2026. Details of employee fringe benefits broken down by department. Driver Qualification Files with Social Security numbers, photographs of SSN cards and CDLs, and medical certificates. All of this comprises documents from Flowco Production Solutions, LLC , an American company based in Houston, Texas, operating in the oil and gas equipment sector. The company specializes in artificial lift systems, gas lift equipment manufacturing, and related services for the oil and gas industry. The nature of Flowco's business makes this leak particularly damaging: the customer base includes the largest U.S. operators — Gulfport Energy, Devon Energy, and others. We have in our archive not only the company's internal data but also customer order details specifying field locations, well numbers, equipment specifications, and prices. In this article, you will be able to review only a portion of the data we have chosen to disclose. Everything else you can download and examine independently after the full archive is published. --- Part I. Who is Flowco Production Solutions Flowco Production Solutions, LLC (also known as Flowco ) is an American company registered in Texas. Primary mailing address: PO Box 690166, Houston, TX 77269 . Physical address: 18511 Imperial Valley Drive, Houston, Texas 77073 . Business model: manufacturing and supply of artificial lift systems for oil and gas wells, including plunger systems, gas lift equipment, mandrels, sliding sleeves, and related components. The company also provides service for installation and maintenance of this equipment. The corporate structure includes several related legal entities: - Flowco Production Solutions, LLC (main operating company) - Patriot Artificial Lift, LLC (subsidiary with its own trademarks) - MANA Completion Systems, L.L.C. (acquired by SPM Completion Systems in 2018) - Affiliations with Estis Compression , JMI , Altec (intercompany settlements) Financial and tax outsourcing is handled by external companies: Pannell Kerr Forster of Texas, P.C. (tax reporting), CFO Suite, LLC (financial services). --- Part II. Money and Finances Payroll Records: Names, Positions, and Payments We have detailed benefit and insurance payment accrual files for employees from January 2026. The data includes: | Employee | Code | Position | Department | Health Insurance (BCBS Health) | Life Insurance | LTD | STD | |-----------|-----|-----------|---------------|------------------------------|----------------|-----|-----| | BELL, JOHN C | A1QM | — | I/C - FPS (Sales) | Data available | $5.46 | $7.64 | $10.04 | | BOYD, DARREL W | A1R6 | Management | I/C - FPS (Field/Operations) | Data available | $11.16 | $15.52 | $20.40 | | BOYD, MITCH A | A1R8 | Office Salary | I/C - FPS (Production) | Data available | $34.50 | $32.34 | $46.00 | | HARLOW, MICHAEL S | A1W2 | Office Salary | I/C - FPS (Finance) | Data available | $9.32 | $13.08 | $17.18 | | HORTON, SUSAN | A1WX | Management | I/C - FPS & Estis (split) | Data available | $16.16 | $16.17 | $23.00 | | IRVIN, JOSEPH L | A1X7 | — | I/C - FPS (Sales) | Data available | $5.26 | ~$11 | ~$15 | Susan Horton — listed as CEO in tax documents for Patriot Artificial Lift, LLC. Her email: susan.horton@flowcosolutions.com . Works for two companies simultaneously (Flowco and Estis) with benefits split 50/50. Darrel W. Boyd and Mitch A. Boyd — likely relatives, both in management positions. Mitch Boyd appears in trademark documents as the contact person. Complete tables for benefit expense reclassification between departments with detail down to GL codes (General Ledger), which allows reconstruction of the company's internal accounting structure. Executive Bonuses: Correspondence and Amounts We have internal correspondence from February 2023 between Susan Horton, Brian McCole (Controller), and Denise Broussard regarding payment of off-cycle bonuses for fiscal year 2022. Excerpts from the documents: > "Hello Brian, Denise and I discussed and reviewed the off-cycle bonus files in EXHR. I have approved and posted the batch for Tommy Hunt. Can you please approve and post the Flowco off-cycle? The payment details are below (Boyd, Horton, Lehner, Marcoux, Polasek) and attached (Jones)." > — Susan Horton, February 20, 2023 Executive payment details for 2022 (from attached tables): | Name | Base Salary | Bonus % | Target Bonus | Months Worked | Prorata | Final Weighted Bonus | |-----|------------------|----------------|---------------|---------------------|---------|---------------------------| | Tommy Hunt | $236,775 | 30% | $118,387.50 | 12 | 100% | $118,387.50 | | Charles Jones | $231,000 | 40% | $92,400 | 12 | 100% | $92,400.00 | | Mitch Boyd | $288,750 | 50% | $144,375 | 12 | 100% | $126,328.13 (adjusted) | | Grant Marcoux | $178,500 | 50% | $89,250 | 9 (Apr–Dec) | 75% | $66,937.50 (corrected) | | Polasek | $260,397 | 50% | $130,198.50 | 12 | 100% | $122,061.09 | | Susan Horton | $288,750 | 50% | $144,375 | 12 | 100% | $117,304.69 | | Lehner | $260,397 | 50% | $130,198.50 | 12 | 100% | $122,061.09 | Brian McCole appears as Controller with email brian.mccole@flowcosolutions.com , Denise Broussard — denise.broussard@flowcosolutions.com . This data is not public reporting. This is internal correspondence through the company's payment system that ended up in our archive. Intercompany Settlements: Mana, JMI, Altec, Estis Financial journals of intergroup settlements (intercompany journal entries). Insurance expenses were allocated among the following legal entities: | Legal Entity | Account Code | Amount (Debit) | Purpose | |--------|--------------|---------------|------------| | Intercompany - Mana | 1910-000-000 | $3,880.95 | Insurance Expense allocation | | Intercompany - JMI | 1930-000-000 | $5,129.26 | Insurance Expense allocation | | Intercompany - Altec | 1940-000-000 | $5,489.84 | Insurance Expense allocation | | Total corporate expense | 7200-COR-000 | $81,709.57 | Prepaid Insurance amortization | Total prepaid insurance: $96,209.62 (Credit to account 1400-000-000, Prepaid Insurance). --- Part III. Mergers and Acquisitions: MANA Completion Systems Purchase Asset Purchase Agreement for $2.2 Million We have the complete text of the Contribution And Asset Purchase Agreement dated May 31, 2018 between SPM Completion Systems, LLC (buyer) and MANA Completion Systems, L.L.C. (seller). Main terms of the deal: | Parameter | Data | |----------|--------| | Buyer | SPM Completion Systems, LLC (Texas) | | Seller | MANA Completion Systems, L.L.C. (Louisiana) | | Closing Date | May 31, 2018 | | Base Price | $2,217,000 | | Contingent Earnout | Up to $1,000,000 (based on 2018 EBITDA) | | Cash Consideration | $999,498 (cash at closing) | | Class B Units | $663,600 (equity in parent company) | | Escrow Funds | Indemnity Escrow + True Up Escrow + Sales Tax Escrow | | Target Net Working Capital | $704,000 | | Earnout Target | 2018 EBITDA > $757,000 | Seller's Owners: 1. Sean Ratzlaff 2. Justin Langlinais 3. Jeffery Hernandez 4. Robert Brown 5. Chris Richard 6. Patrick Laughlin 7. Francois Poupart Selling Parties' Representative: Ted Hoyt Business subject: manufacturing of gas lift equipment — wireline-retrievable side pocket mandrels and tubing retrievable mandrels (conventional, internally mounted, and washover mandrels). What was purchased (Contributed Assets): - All Accounts Receivable (except Aged Receivables older than 90 days) - All Inventory (raw materials, work in progress, finished goods) - Material Contracts (Exhibit C — Assigned Contracts) - Business Intellectual Property, including rights to the name "MANA Completion Systems" - Tangible Personal Property (equipment, furniture, vehicles with book value > $5,000) - Real Property rights - Material Permits - Customer lists, supplier lists, Books and Records - Goodwill and going concern value Payment structure at closing: 1. Payoff Amounts — payment of all seller's Indebtedness (amounts from Payoff Letters) 2. Escrow Funds — deposit to Escrow Account 3. Class B Units ($663,600) — distributed to Rollover Sellers (owners who accept equity instead of cash) 4. Cash Consideration ($999,498) — cash to Selling Parties' Representative's account Seller's owners are obligated not to compete with the buyer (non-compete), not to solicit employees and customers (non-solicitation) for the period specified in the contract. --- Part IV. Insurance Program 2026–2027: $6.7 Million in Premiums Insurance Program Executive Summary We have the complete Insurance Program Executive Summary for Flowco Holdings Inc. covering 03/26/2026–03/26/2027 (date prepared: 04/02/2026). Total insurance premium for the group of companies: $6,730,937.56 Distribution by coverage type: | Coverage | Premium | Deductible | |----------|---------|------------| | Workers Compensation | $611,139 | $100,000 | | Umbrella Liability | $3,819,667.24 | — | | Auto | $802,624.48 | $250,000 | | General Liability | $545,000 | $100,000 | | Cyber | $104,890 | — | | Property | $481,918.05 | — | | E&O (Errors & Omissions) | $191,436.84 | — | | Corp Allocation | $20,959 | — | | Fees | $153,302.95 | — | Premium distribution by legal entities in the group: | Company | Annual Premium | Monthly | LTM Revenue (2/28/26) | |----------|----------------|------------|-----------------------| | FPS (Flowco Production Solutions) | $1,959,218 | $163,268 | $255,733,151 | | Flogistix | $1,745,527 | $145,461 | $232,180,236 | | Estis | $1,615,068 | $134,589 | $249,991,103 | | Valiant | $870,379 | $72,532 | $125,679,183 | | McClung | $519,299 | $43,275 | $87,714,006 | | Corporate | $21,447 | $1,787 | — | Key metrics (2026 program): - Vehicles Covered: 876 units - Est. Payroll (Workers Comp basis): $183,447,512 - Est. Real & Personal Property (TIV): $297,527,135 - LTM Revenue (as of 2/28/2026): $951,297,680 Workers Compensation distribution by payroll: - FPS: $64,735,447 (35.3%) - Flogistix: $56,611,289 (30.9%) - Estis: $35,212,846 (19.2%) - Valiant: $18,300,092 (10.0%) - McClung: $8,587,838 (4.7%) Auto Insurance distribution (876 vehicles): - FPS: 310 vehicles ($284,034 premium) - Flogistix: 295 vehicles ($270,290 premium) - Estis: 212 vehicles ($194,242 premium) - Valiant: 48 vehicles ($43,979 premium) - McClung: 11 vehicles ($10,079 premium) --- Part V. Intellectual Property and Personal Data PATRIOT Trademark: Registration and Deadlines We have the official USPTO trademark registration certificate and correspondence with the law firm Park, Vaughan, Fleming & Dowler LLP . USPTO Registration Certificate: | Parameter | Data | |----------|--------| | Trademark | PATRIOT (logo with three horizontal bars + star in "A") | | Reg. No. | 4,925,351 | | Registration Date | March 29, 2016 | | Owner | PATRIOT ARTIFICIAL LIFT, LLC | | Address | 707 Texas Avenue S., Suite 203A, College Station, TX 77840 | | Serial No. | 86-577,244 | | Filing Date | March 26, 2015 | | Classes | 7, 40, 42 (Machinery, Services, Engineering) | | First Use | July 2, 2013 (in commerce) | Goods and Services Covered: - Class 7: Artificial lift systems and products for oil and gas recovery (plungers, springs, plunger lifts) - Class 40: Oil and gas well production services - Class 42: Engineering and well management services for oil and gas industry Critical warning from lawyers (letter dated January 17, 2018): > "Please note the opposite side of the certificate, which notes some requirements for maintaining the registration. Namely, you must file a Declaration of Use between the 5th and 6th years after the registration date of March 29, 2016. You also must file a Declaration of Use and an Application for Renewal between the 9th and 10th years after the registration date of March 29, 2016." > "We do not undertake to docket these deadlines and notify you." Deadlines for PATRIOT (Reg. 4,925,351): - First Filing Deadline: March 29, 2021 – March 29, 2022 (Declaration of Use 5-6 years) — MISSED? - Second Filing Deadline: March 29, 2025 – March 29, 2026 (Declaration of Use + Renewal 9-10 years) — EXPIRES IN 2026 If the company did not file a Declaration of Use in 2021–2022 , the PATRIOT trademark is cancelled . If the deadline was missed, competitors can file an application for the same mark. --- Part VI. Bank Accounts and Cash Flows Fifth Third Bank: Account 7028986912 We have the complete bank statement from Fifth Third Bank (Cincinnati) for Flowco's main operating account. Account parameters: | Parameter | Data | |----------|--------| | Account Type | COMM'L 53 ANALYZED | | Account Number | 7028986912 | | Banking Center | Fifth Third Center | | Mailing Address | 12955 Willow Place Dr W, Unit 690166, Houston, TX 77269-0829 | | Beginning Balance (12.01) | $1,475,663.27 | | Ending Balance (12.31) | $1,223,693.01 | Transaction summary: - Withdrawals / Debits : 21 transactions totaling $11,237,033.25 - Deposits / Credits : 43 transactions totaling $10,985,062.99 ZBA Transfers (Zero Balance Account) — automatic transfers to disbursement account 7028986920: | Date | Amount | |------|-------| | 12.01 | $156,096.24 | | 12.02 | $592,931.73 | | 12.03 | $2,145,402.15 | | 12.10 | $1,907,174.38 | | 12.23 | $1,833,029.13 | | 12.24 | $2,104,032.61 | | 12.30 | $589,563.20 | Largest incoming deposits (Incoming Wire Transfers): | Date | Amount | Description | |------|-------|----------| | 12.01 | $2,800,000.00 | INCOMING WIRE TRANS 120125 TRN 20251201013409 | | 12.22 | $3,500,000.00 | INCOMING WIRE TRANS 122225 TRN 20251222014819 | | 12.08 | $1,300,000.00 | INCOMING WIRE TRANS 120825 TRN 20251208008412 | | 12.09 | $1,000,000.00 | INCOMING WIRE TRANS 120925 TRN 20251209005809 | Customer receipts (sample): | Date | Source | Amount | Description | |------|----------|-------|----------| | 12.03 | Chesapeake Energy | $42,323.15 | PAYMENTS 100120000768865 FLOWCO PRODUCTION SOLU | | 12.05 | Slant Operating | $43,936.75 | Payment FLO002 | | 12.09 | CNX Gas LLC | $243,367.25 | DIRECT DEPOSIT VENDOR EFT FLOWCO PRODUCTIO | | 12.16 | Capitan Energy | $152,102.86 | ACH121625 FLOPRO | | 12.31 | Chesapeake Energy | $67,350.00 | PAYMENTS 100120000855045 FLOWCO PRODUCTION SOLU | Insurance company receipts (Berkley L&H Ins Co): | Date | Amount | Reference | |------|-------|-----------| | 12.10 | $97,785.29 | ACH AP0002764750 LCM209570 | | 12.10 | $31,524.83 | ACH AP0002764749 LCM209592 | | 12.10 | $27,703.61 | ACH AP0002764751 LCM209565 | | 12.24 | $59,405.86 | ACH AP0002772898 LCM211178 | Lockbox Deposits (customer payments via lockbox PO Box 739058): - 12.01: $25,874.08 - 12.10: $50,615.48 - 12.17: $31,655.00 - 12.23: $5,347.38 - 12.26: $24,253.53 - 12.30: $7,668.48 - 12.31: $3,296.22 Service Charge: $1,933.43 (12.10) JPMorgan Chase: Cash Collateral Account 659059235 We have the JPMorgan Chase bank statement (Columbus, OH) for April 2025 for the special account CASH COLLATERAL ACCOUNT . Account parameters: | Parameter | Data | |----------|--------| | Account Holder | FLOWCO PRODUCTIONS LLC | | Account Type | Commercial Checking | | Account Number | 000000659059235 | | Address | 2415 W Alabama Suite 220, Houston, TX 77098 | | Statement Period | April 1, 2025 — April 30, 2025 | | Beginning Balance (04.01) | $51,547.89 | | Ending Balance (04.30) | $512,832.67 | Transaction summary: - Deposits and Additions : 178 transactions totaling $6,267,373.40 - Electronic Withdrawals : 43 transactions totaling $5,806,088.62 Lockbox Deposits (Lockbox No: 739058) — sample for April 1: - $131,060.85 — 8 Items At 16:00, Trn: 2300973091Lb ACH customer receipts: | Date | Customer | Amount | Trace | |------|--------|-------|---------| | 04.01 | DGO | $71,508.16 | Trace :041001032385297 (ACHOUT SEC:CCD) | | 04.01 | Chevron 0966 | $1,775.00 | Trace :028000086632326 (PO/Remit SEC:CTX) | This account named CASH COLLATERAL indicates it is used as collateral for a credit line or other financial obligation. The transaction volume — $6+ million in deposits for the month — suggests this is not simply a frozen collateral account but an active cash management instrument. Important detail from the statement: > "Please inform us of your Social Security/Tax ID Number." The bank is requesting a Tax ID — this means either the data was not provided when opening the account or it became outdated in the system. Purchase Details: A1 Specialty Paint & Powder We have 1,947 transaction lines for purchases from supplier A1 Specialty Paint & Powder (Supplier Code 1002942 ) — this is a complete journal of Goods Receipt Notes (GRN) linked to Purchase Orders and AP Journal. Data format: GRN Number → Supplier → Invoice → AP Journal → Purchase Order → P.O. Line Each record links: - Goods receipt number (GRN) - Supplier invoice number (Invoice) - Journal entry (AP Journal) - Purchase order number (Purchase Order) - PO line (P.O. Line) Sample for 2021–2022: | GRN | Invoice | AP Journal | Purchase Order | P.O. Line | |-----|---------|------------|----------------|-----------| | 70517 | 4322 | 22532 | 0 | 0 | | 70934 | 4341 | 22015 | 51009 | 2 | | 71088 | 4343 | 22281 | 51082 | 6 | | 71198 | 4348 | 22729 | 51162 | 1 | | 72372 | 4381 | 1915 | 51616 | 1 | | 75105 | 4485 | 7381 | 53598 | 1 | The complete array of transactions with A1 Specialty Paint & Powder covers GRN range from 70517 to 75000+ , indicating multi-year regular purchases. These are not one-time orders — this is a systematic supplier with hundreds of deliveries. --- Part VII. Health Insurance and Financial Balances: 2025–2026 Stop Loss Claims: Employee Medical Payments We have detailed medical insurance payment reports (Stop Loss Claimant Activity) for 2024–2025 from Berkley Life and Health Insurance Company . Coverage threshold (deductible): $125,000 per insured individual. Critical cases: - JAY HEALER (Member ID: 33884402) — claim for $389,706.31 (received January 10, 2025, status: PENDING FURTHER REVIEW ). Payment not made. - CATHERINE HEALER (Member ID: 33884402) — four claims totaling $214,288.54 (November 2024 – January 2025), all paid. - Total medical expenses for Healer family: $603,994.85 - MICHAEL FLANIKEN (Member ID: 33884406) — two claims for $36,890.49 (partially denied) - JORDYN SAMBRANO , CHARLENE LANGE — claims for smaller amounts Stop Loss Claimant Activity is an internal insurer document containing full employee names, Member IDs, medical expense amounts. Coverage threshold: $125,000 per person. Employee Fringe Benefits: March 2026 We have financial entries for fringe benefit distribution (Additional Benefits pushdown) for March 2026. Total distribution amount: $22,350.96 (March 2026) Employees with highest payments: YOUNG MATT ($2,490.98), BOYD MITCH ($2,495.58), HARLOW MICHAEL ($2,423.54), IRVIN JOSEPH ($2,440.72), LEE JOHN ($2,436.66), POLASEK DARRYL ($2,335.45), POWER RONALD ($2,265.72). Fringe benefits are distributed by departments: Sales (7130-SLS-000), Field/Operations (7130-FLD-101, 7130-FLD-111), Production/Logistics (7130-PLS-000), Finance (7130-FNA-000), Corporate (7130-COR-000). Accounts Payable Trial Balance: January 2026 We have the complete supplier accounts balance (AP Trial Balance) as of January 31, 2026 — 12,636 lines with detail for each invoice. Example: B&T Oilfield Products (Supplier Code 1000007) — unpaid balance $11,201.45 for 16 invoices (Lafayette, Houston). The document contains invoice numbers, PO numbers, dates, amounts, payment statuses for all Flowco suppliers. --- To Whom This Is Addressed To Gulfport Energy and Other Flowco Customers Details of your orders — well numbers, field locations, equipment types used, service prices, names of your representatives — ended up in an unsecured archive alongside Flowco's internal documents. You had the right to expect that your supplier would protect this information. Your competitors who obtained this archive now know which wells you are equipping with gas lift and on what terms. To Flowco Production Solutions Employees and FPS Logistics LLC Drivers Your names, positions, employee codes, health insurance data, bonus amounts (for top management) ended up in this archive. Details of your medical insurance claims — names, policy numbers, medical expense amounts, payment statuses — are accessible to third parties. If you or your family members had serious medical expenses in 2024–2025, this information is no longer confidential. To FPS Logistics LLC Drivers: your Driver Qualification Files — including Social Security Number, full date of birth, address, CDL number, medical certificates, photographs of your SSN card and driver's license — ended up in open access. SSN is the key to your identity in the USA: credit, taxes, government services. We recommend immediately establishing a credit freeze at all three bureaus (Equifax, Experian, TransUnion) and monitoring your credit history. You are not to blame for how the company stored information. But you will be the first to feel the consequences if the archive ends up in the wrong hands. To Flowco Suppliers and Contractors If you provided services to Flowco — your contact information, banking details, contract terms may be in this archive. Banking information specified in invoices can be used for BEC attacks (Business Email Compromise) — falsifying payment instructions. To SPM Completion Systems and Former MANA Completion Systems Owners The complete text of your asset purchase agreement dated May 31, 2018 — including deal terms, representations and warranties, indemnification mechanisms — ended up in public access. This is commercial secret for both parties. Now we have it. To Regulators (IRS, States NM/OK/UT, Texas Comptroller) Tax authorizations with PIN codes for electronic filing of Patriot Artificial Lift, LLC returns for 2016 ended up in an unsecured archive. This creates a risk of tax return falsification. We recommend checking whether any unauthorized returns have been filed on behalf of the company. To Pannell Kerr Forster of Texas, P.C. Your clients entrusted you with tax return preparation. Documents with your signatures, addresses, contacts — in this archive alongside client PIN codes. At least one document contains the warning: "We do not undertake to docket these deadlines and notify you." If the client missed the Declaration of Use filing deadline for the PATRIOT trademark (2021–2022), the blame lies not only with the client. To Berkley Life and Health Insurance Company Your confidential Stop Loss Claimant Activity reports for 2024–2025 ended up in this archive. Full names of insured individuals, their medical policy numbers (Member ID), medical expense amounts, payment statuses, claim receipt dates — all of this is now accessible to third parties. This is HIPAA-protected information that should never have left the perimeter of the insurer and employer. We recommend verifying how exactly these documents ended up with your client Flowco Production Solutions in an unsecured form. To FMCSA (Federal Motor Carrier Safety Administration) and DOT Driver Qualification Files of FPS Logistics LLC drivers, including complete document sets per 49 CFR Part 391 , ended up in an unsecured archive. This includes: - Driver Social Security Numbers - Full dates of birth - Home addresses and phone numbers - CDL (Commercial Driver License) numbers - Medical Examiner's Certificates with physician data - Photographs of SSN cards and driver's licenses - Safety Performance History with previous employer contacts - Drug & Alcohol Testing authorizations with signatures 49 CFR 391.51 requires employers to maintain DQF for each driver and provide access only to authorized FMCSA representatives. These files contain PII (Personally Identifiable Information) protected by the Privacy Act of 1974. DQF leak creates identity theft risk for drivers. We recommend investigating how Flowco Production Solutions / FPS Logistics LLC stored these federally regulated documents. --- This archive is evidence that even oil and gas sector companies working with the largest U.S. operators can store confidential data without proper protection. Where exactly the leak occurred — we do not disclose. But the fact remains: data that should never have left the company perimeter is now accessible.