@newpark.com
As a leading provider of sustainable technologies and services across the energy industry, Newpark sets the standard for temporary advanced-composite matting systems, drilling fluid solutions & additives.
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Description
Newpark is an oil and gas services company based in The Woodlands, Texas, United States. The company was founded in 1982 and operates in over 20 countries worldwide. Its headquarters are located in The Woodlands.
Newpark provides a range of products and services to the oil and gas industry. The company specializes in drilling fluids, well construction, waste management, and environmental services. Its drilling fluids are designed to optimize drilling performance and protect the wellbore.
The well construction services include drilling fluids systems, drill cuttings management, and solids control equipment. Newpark also offers waste management solutions, such as solidification and stabilization of drilling wastes, as well as environmental services to support regulatory compliance. On a global scale, Newpark operates through various subsidiaries and joint ventures.
It has subsidiaries in Canada, the United Kingdom, Australia, and Mexico, among others. The company also has a joint venture with Advantek Waste Management Services in Canada, providing integrated waste management solutions to the oil and gas industry. Newpark is a leading player in the oil and gas services market.
It has a strong market position, particularly in the drilling fluid segment. The company has a significant presence in North America and is expanding its operations globally. While facing competition from other major players in the industry, Newpark has maintained its standing through its innovative products and exceptional customer service.
Over the years, Newpark has achieved several significant milestones. In 2011, the company acquired the drilling fluids division of M-I SWACO, strengthening its position in the drilling fluids market. In 2018, Newpark launched its Evolution water-based drilling fluid system, which provides superior wellbore stability and drilling performance.
As of the latest available information, Newpark continues to grow and expand its business globally. The company remains committed to providing innovative and sustainable solutions to the oil and gas industry
Company Type
Public Company
Company Size
1001-5000
Year Founded
1932
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