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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 The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry. It claims to represent nearly 600 corporations involved in production, refinement, distribution, and many other aspects of the pet ...
,
Independent Petroleum Association of America The Independent Petroleum Association of America (IPAA) is a lobbying group for oil and gas producers in the United States. Overview It was founded on June 10, 1929, by President Herbert Hoover. It is headquartered in Washington, D.C. In 2019, ''P ...
- IPAA,
US Chamber of Commerce The United States Chamber of Commerce (USCC) is the largest lobbying group in the United States, representing over three million businesses and organizations. The group was founded in April 1912 out of local chambers of commerce at the urging ...
et al. The company was founded in 1932 and is based in
The Woodlands, Texas The Woodlands is a special-purpose district and census-designated place (CDP) in the U.S. state of Texas in the Houston–The Woodlands–Sugar Land metropolitan statistical area. The Woodlands is primarily located in Montgomery County, with por ...
. In 2013, the company was awarded as one of the Top Customer Satisfaction companies in the Annual EnergyPoint Research Global Oil & Gas Industry Survey. The enterprise value of the company () is $1.14 billion.


Operations

The company operates its business through three segments globally, mainly in regions including
North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
,
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
,
Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...
and
Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
. In detail, Mats and Integrated Service Segment provides services for
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
, and Environmental Service Segment, which was sold for $100 million to Ecoserv LLC in 2014, serves
United States Gulf Coast The Gulf Coast of the United States, also known as the Gulf South, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas, Louisiana, Mississ ...
. On December 31, 2012, the company acquired operations of Alliance Drilling Fluids, LLC. In June 2013, the wholly owned subsidiary of the company, Newpark Drilling Fluids, has expanded in Katy. It opened a 106,000-square-foot office and lab space with a volume capacity of over 140 employees.


References

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External links

* {{Authority control Manufacturing companies established in 1932 Companies listed on the New York Stock Exchange Business services companies established in 1932 1932 establishments in Texas