Newpark Drilling Fluids will establish its drilling fluid production operation in Summit, Mississippi. NDF’s new location will create 40 jobs and allow the company to more easily service the Tuscaloosa Marine Shale, an oil and gas play in southwest Mississippi and Louisiana.
“We appreciate the cooperation of the Pike County Economic Development District, Pike County, the town of Summit, and the State of Mississippi: Mississippi Development Authority for helping to get us here,” said Sam Smith, Business Unit Manager of Newpark’s Gulf South operations.
The Mississippi Development Authority provided assistance in support of the project for rail and roadway improvements. In addition, the town of Summit also provided incentive assistance.
“MDA is glad to utilize our resources to assist companies such as Newpark Drilling Fluids as they locate in our state and create new jobs for the residents of Mississippi. The Tuscaloosa Marine Shale is proving to be a great asset for the southwest region of the state, and we appreciate NDF for placing its confidence in our business climate and trust in our workforce,” said MDA Executive Director Brent Christensen. “We thank our partners at the town of Summit, Pike County and the Pike County Economic Development District for working to bring this great company to Mississippi.”
“The Tuscaloosa Marine Shale is providing tremendous opportunities for companies and the residents of southwest Mississippi, and we have the infrastructure and resources in place to support companies like Newpark Drilling Fluids as exploration of the shale continues to ramp up,” Governor Phil Bryant said. “I am proud to welcome NDF as the newest business partner to the state of Mississippi, and I wish the company many successful years in Pike County.”
Based in The Woodlands, Texas, Newpark Drilling Fluids is the largest of the Newpark companies and has expanded significantly since its formation in 1997. NDF provides value-added drilling fluids products and services to thousands of wells around the world. NDF’s U.S. service activity averages several hundred rigs with its supply managed through a network consisting of dozens of distribution centers. The company is active in the offshore Gulf of Mexico market, including deepwater locations, and in most U.S. areas of drilling activity, including onshore Texas and Louisiana, the mid-continent, Rocky Mountains and in many shale plays around North America.