Wednesday, August 3, 2011

Father of Invention-Dennis Coleman of IsoTech labs

Dennis Coleman was raised in northern Wisconsin and received his bachelor’s degree from the University of Wisconsin in Madison. He completed an M.S. degree at the University of Arizona in Tucson and a Ph.D. at the University of Illinois. From 1970 until 1995 he was on the staff at the Illinois State Geological Survey where he held various research and administrative positions. While at the ISGS he established a stable-isotope laboratory and conducted numerous research projects on the geochemistry of natural gas.

Dr. Coleman pioneered the use of stable isotope analysis to identify natural gas that had leaked from underground gas storage reservoirs and in the early 80’s developed an active consulting business applying that technique. To provide analytical support for that business, he and three colleagues founded Isotech Laboratories, Inc. in 1985. Since that time Isotech has grown to a staff of 42 scientists and support personnel. In 1995, Dr. Coleman retired from the Illinois State Geological Survey to devote full time to the operation of Isotech.

Isotech has become the primary laboratory utilized by the oil and gas industry for the isotope analysis of natural gas because of its reputation for high quality data and because of its development of IsoTubes® for collection and shipment of gas samples collected during the drilling of oil and gas wells. IsoTubes®, which are produced exclusively be Isotech, have become an industry standard throughout the world, simplifying the collection of samples and increasing the application of isotope geochemistry to oil and gas exploration.

In 2007 Isotech opened the first of its three Satellite Laboratories in Cairo Egypt, followed by Rio de Janeiro in 2008, and Perth Australia in 2009. The instrumentation installed in these satellite facilities is actually operated via the internet by scientists in Champaign. Isotech has thus been able to export its services without exporting jobs. A fourth Satellite Laboratory is scheduled to open in Oman later this summer, with plans for several more expansions in the near future.

Isotech became the largest privately owned stable isotope laboratory in the world and on June 6 of this year was acquired by Weatherford International, a company with over 50,000 employees in over 100 countries, and the fourth largest service company in the oil and gas industry. Isotech provides Weatherford with unique analytical capabilities not offered by any of its competitors. And Weatherford provides Isotech with a large network for the expansion of its Satellite Laboratory concept.

Dennis Coleman is also the founder of CU Woodshop Supply, Inc., a unique new business that supports his hobby of woodworking. This business offers a retail store that sells woodworking tools, machinery, and supplies as well as both domestic and exotic hardwoods. In addition, half of the 15,000 foot facility on Parkland Court in Champaign is The DreamShop, a state-of-the-art workshop. Working somewhat like a cross between a timeshare and a country club for woodworkers, stockholders in CU Woodshop Supply have access to the DreamShop for their personal use. To watch the entire interview with Dennis Coleman click the following link: WATCH DENNIS

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