Newpark Resources, Inc. (NYSE:NR)

Friday, January 6, 2012 | Web News
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Newpark Resources, Inc., together with its subsidiaries, provides fluids management, waste disposal, and well site preparation products and services primarily to the oil and gas exploration and production industry in the United States and internationally. The company operates in three segments: Fluids Systems and Engineering, Mats and Integrated Services, and Environmental Services. The Fluids Systems and Engineering segment offers drilling fluids products and technical services to drilling projects involving subsurface conditions, such as horizontal, directional, geologically deep, or deep water drilling. This segment also offers completion fluids and equipment rental services; and sells barite and other industrial minerals. The Mats and Integrated Services segment provides mat rentals, location construction, and related well site services to exploration and production customers. This segment manufactures and sells DuraBase composite mat systems for domestic and international markets, as well as for use in its domestic rental operations. The Environmental Services segment processes and disposes waste generated by oil and gas customers; and non-hazardous industrial waste principally from generators, including refiners, manufacturers, service companies, and industrial municipalities. It provides onshore and offshore drilling waste management, and reclamation services. The company offers its products and services primarily in the United States Gulf Coast, west Texas, east Texas, Oklahoma, north Louisiana, Rocky Mountains, and northeast region of the United States, as well as in Europe, north Africa, Brazil, Canada, the United Kingdom, and Mexico. Newpark Resources, Inc. was founded in 1932 and is based in The Woodlands, Texas.

Web site: http://www.newpark.com

Last updated January 6, 2012


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