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Newpark Resources, Inc. is a worldwide provider of value-added drilling fluids systems and composite matting systems used in oilfield and other commercial markets. Industry partners include American Petroleum Institute, Independent Petroleum Association of America - IPAA, US Chamber of Commerce et al. [2] The company was founded in 1932 and is based in The Woodlands, Texas. [3]
Southwest Research Institute (SwRI), headquartered in San Antonio, Texas, is an independent and nonprofit applied research and development (R&D) organization. Founded in 1947 by oil businessman Tom Slick, [1] it provides contract research and development services to government and industrial clients.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
Drilling fluids also support portion of drill-string or casing through buoyancy. Suspend in drilling fluid, buoyed by force equal to weight (or density) of mud, so reducing hook load at derrick. Weight that derrick can support limited by mechanical capacity, increase depth so weight of drill-string and casing increase.
October 29, 2017 - An oil well near Berthoud, capped in 1984, began spilling drilling mud. [37] December 22, 2017 - One person injured in an explosion & fire at an oil well in Weld County, Colorado. [38] February 18, 2018 - A liquid spill near tanks used in oil drilling, near Erie, was more than 200 gallons. [39]
In 1971, Milchem was acquired by Baker Oil Tools. In 1985, Baker announced that it would combine its Houston-based Milchem Drilling Fluids subsidiary with competitor New Orleans–based Newpark Drilling Fluids forming Milpark, with Baker getting 64% of the merged company and Newpark Resources Inc. parent of Newpark Drilling Fluids taking 36%.
Alliance with Mitsui Chemicals (2014) for Lubrizol to sell and market the Lucant polymer product line [37] Weatherford International's engineered chemistry and drilling fluids businesses (2014) [18] Vesta (2014), maker of catheters and tubing [38] Lipotec (2012), a skin care products maker [39] Active Organics (2011), a specialty chemicals firm ...
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