Newpark Resources: Acquires Cleansorb

Newpark is pleased to announce the recent acquisition of Cleansorb Limited, an innovative reservoir chemistry company.

Cleansorb develops and applies oilfield chemical technologies that care for the reservoir, simplify wellsite treatments, and improve recovery rates in new and mature fields.

Since 1994, Cleansorb has built a reputation of continuous innovation of treatments based on in-situ acid production, for downhole reservoir stimulation and filter cake damage removal applications.

Cleansorb has not only served as a key partner of Newpark, but they have demonstrated unique capabilities, with an incredible focus on safety and efficiency.

This acquisition serves as a critical step in the execution of our Total Fluids Solutions strategy, enhancing our ability to provide increased value through the delivery of industry-leading products and services that our customers have come to expect. For more information on Cleansorb Limited, their products and capabilities, click here

Cleansorb Statement:

25 years ago, my cofounder Ralph Harris and I founded Cleansorb and carried out the first successful field trials of deep matrix acidizing in the San Andreas dolomite formation. We’re proud to share the next step of our journey with you: Cleansorb has now been acquired by Newpark Resources, a worldwide provider of value-added drilling, completion and stimulation fluids solutions.

Cleansorb shares the same Core Values as Newpark: Safety, Integrity, Respect, Excellence and Accountability. We are confident that their dedication to these same values will pave the way for a smooth transition and a meaningful opportunity to bring value to your organization.

This partnership will allow us to offer you a more robust array of fully integrated and complementary technologies tailored for drilling and completing the reservoir asset.