News

Katy, Texas, May 4, 2015 – A proven and trusted service provider in the deepwater and ultra-­‐deepwater markets, Newpark Drilling Fluids is extending its offshore reach with enhanced, customized fluids technology, expanded facilities infrastructure and a team of professionals dedicated exclusively to deepwater products and services.

Newpark Drilling Fluids is expanding its Port Fourchon facility, offering a significant increase in both synthetic and water-­‐based drilling fluid mixing and storage capacities, as well as a dedicated barite storage area that will be stocked and maintained by Excalibar Minerals LLC, a subsidiary of Newpark. The facility is adopting Lean Six Sigma principles throughout, including a unique system that hauls bulk sack material without the need for manual handling. The transport system promotes safety and streamlined, efficient operations.

Drawing on over 10 years of experience creating successful, environmentally sound drilling fluids systems, Newpark Drilling Fluids has continued its quest to develop technologically superior systems that exceed industry requirements. The versatile Kronos^™ drilling fluids system is designed to accommodate the specific requirements for non-­‐ aqueous fluids used in deepwater. With slight formulation modifications, Kronos systems can be adapted to almost any deepwater drilling application. The proprietary, synthetic-­‐ based invert emulsion is the result of more than a decade of deepwater and ultra-­‐ deepwater research and experience.

“The heart of our technology development is our people,” said Phil Vollands, President, North America, Newpark Drilling Fluids. “We recruit the world’s top fluids chemists, engineers, technicians and support staff, and invest in their ongoing development so we can bring our customers efficient, environmentally conscious drilling fluids solutions customized to their needs.”

Newpark Resources, Inc. provides services to the oil and gas exploration and production industry. The company operates in two segments: Fluids Systems and Engineering; and Mats and Integrated Services.

The same company who introduced the award-­‐winning Evolution^®  Water-­‐Based Fluid System, Newpark Drilling Fluids is a service-­‐driven provider of customized and integrated drilling fluid solutions. Its history of global technological breakthroughs and on-­‐the-­‐ground expertise continues to drive customer success around the world. For more information, visit www.newpark.com and www.newparkdf.com.

For more information on our Deepwater offerings, click here.