Newpark Resources bought Alliance Drilling Fluids, a provider of drilling fluids, proppants, and related services, for USD 53 million. Alliance’s core business is in the Permian Basin and Eagle Ford formation of Texas. Alliance and Newpark are both focused on water-based fluids and engineering services.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.