Management Team

Faster & Safer, Down To The Core

Management Team

Faster & Safer,

Down To The Core

Our Team

Michael Edward Irausquin — President

Michael brings 24 years of international oil and gas experience with a recognized and proven track record working for large, mid- and small-sized oil and gas services companies. He has worked and lived in eight different countries, leading organizations towards sustained and continuous growth with an emphasis on improving efficiencies and offering differentiation and innovative thinking.

Michael acts as President for BICO Drilling Tools. In this role he is responsible for ensuring that the company operates in the most efficient manner at a global level. He is fully responsible for the sustainable and profitable growth of the business, as well as its development both in the countries where BICO Drilling Tools operates directly and in those operating under different cooperation agreements. Michael leads teams located in both the Western and Eastern Hemispheres.

Prior to BICO Drilling Tools, Michael served as Global Director for Drilling Fluids for Weatherford International. He also held the role of Vice President for the Americas for Gates Corporation, leading the North American and Latin America businesses. Similarly, he was the Vice President of Operations for multiple regions with Tesco Corporation, leading all the different product lines in key regions such as the Asian Pacific, Latin America, and the Western Hemisphere (US and Canada).

Michael held multiple field and leadership roles in diverse environments for Schlumberger, the largest O and G service company globally. For 13 years, he specialized in different aspects of the Directional Drilling, MWD and LWD business. He provided significant contributions, increasing market share, introducing new products and services, and attracting and increasing the retention of future leaders for Schlumberger. Michael worked for Schlumberger in North America, the Middle East, Asia and Latin America. He has extensive knowledge of business dynamics throughout the world, having worked with customers and colleagues in the United States, Venezuela, Saudi Arabia, Indonesia, Singapore, Malaysia, China, Mexico, Argentina, Colombia, and Australia. He has built relationships with international professionals and understands how to work with diverse professional groups.

Michael is a member of the Board of Directors of the Energy Diversity and Inclusion Council. He is a US Citizen, holds a Bachelor of Science in Electronics Engineering from the Universidad Privada Dr. Rafael Belloso Chacin (URBE) in Maracaibo, Venezuelan, and an Executive MBA in Global Leadership from UT Dallas.

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Mike brings over 40 years of global oil and gas experience. He is one of the longest serving BICO employees and has a wealth of motor and downhole equipment operations and sales experience in the Americas, Europe and Africa. With extensive knowledge of industry finances and employee performance, Mike also has insight into the global market’s unique needs and operational variants.

As the Vice President of Global Operations, Mike is responsible for upholding the profitability and values of the organization through his leadership in business operations. He develops business goals and initiatives for BICO, and liaises with Directors and Department Managers to relay information about company needs, reviewing operational data to make inferences about their department’s success and challenges.

Mike holds an MBA from the Centenary College of Louisiana.

Mike Dougherty – Vice President of Sales

Randy Nemeth - Global Vice President of Operations

Randy brings over 35 years of experience in the oil & gas service sector. Randy spent the first twenty-five years of this career in Halliburton, performing different field and operational management roles. He later joined Tesco Corporation as VP of Operations for North America, a position he held for over five years. Randy managed a complex operation of rentals and after-market services for Top Drives, Casing Running, and Casing While Drilling Services in this role. He also managed product sales for North America.

Jake Bogdanich is a dedicated and versatile professional with over a decade of valuable experience in the oil and gas industry. He holds degrees in Mechanical Engineering and a Master of Business Administration (MBA), leveraging this dual expertise to spearhead innovation and drive efficiency in this intricate sector.

Before joining the BICO team, Jake was the DSE Engineering Director at NOV for North America. In this role, he led a cross-functional engineering team, playing a pivotal role in shaping and developing dynamic product offerings spanning motors, drilling tools, and ICT product lines.

Beyond the confines of his professional life, Jake thrives on exploration and adventure. He enjoys hiking and camping with friends and family, as well as solo international journeys to immerse himself in the diverse countries and cultures of the world. Jake is also a familiar face at dog parks and trails, where he enjoys the outdoors with his Golden Retriever, Kona.

We are delighted to welcome Jake to our team and look forward to working with him.

Jake Bogdanich - Director of Research, Development and Engineering

Rod Larkins – Global Human Resources Manager

Rod brings over 15 years of Human Resources Management experience, working in the Aviation, Transportation, Banking and Retail industries.

A Human Capital Engineer, with proven success in driving culture change, performance management, engagement, retention, career development and managing large-scale projects and overseeing the entire implementation cycle.

Rod has a unique blend of experiences strategically and technically such as Talent Acquisition, Recruiting, Compliance, Training & Development, Workforce Planning, Payroll, Employee Engagement, Ethics Investigations, and internal Auditing. 

His diverse industry experience has exposed Rod to dynamic and innovative ways to approach Human Resources.  

Rod has conducted Culture Training & Development workshops in Canada, Egypt, The Netherlands, Dubai, Saudi Arabia and serves on the HR advisory committee for HRA, a community of 3000+ HR leaders across the United States.

Rod holds a Bachelor of Science Degree in Human Resources Management & Business Management and Leadership from Bellevue University, Bellevue, NE. 

Danish brings more than 15 years of experience in the Accounting & Finance sector, with a notable 11-year tenure in the Oil & Gas industry. And a Bachelor’s degree in accounting/finance from The University of Houston. During his 8 years at Schlumberger, he fulfilled diverse finance roles and contributed to a highly diverse team. Danish assumed the role of Assistant Controller at BICO in November 2020. In this capacity, he played a key role in facilitating each department’s comprehension of the financial aspects of the business. Danish’s extensive expertise in the field of finance is evident through his substantial collaboration with the management team, aimed at developing more precise and sophisticated tools for a thorough understanding of the company’s financial landscape.

Danish Rehman - Global Controller

BICO Drilling Tools

Faster & Safer, Down To The Core

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