Oilfield services company locating new facility in Mississippi

Associated Press

Oil and gas: Oilfield services company locating new facility in Mississippi

SUMMIT, Miss. (AP) — A Houston oil-field services company is locating a new facility in Summit, Mississippi, that will warehouse and eventually manufacture drilling fluids for oil drillers in the Tuscaloosa Marine Shale formation.

Newpark Drilling Fluids officials say the project will create 40 new jobs.

Tuscaloosa Marine Shale formation is located in southwest Mississippi and central Louisiana.

The announcement was made Wednesday by Gov. Phil Bryant and local and company officials.

Newpark Drilling Fluids is locating in the old Kellwood Building owned by Pike County. The company will use the town's rail spur to bring in both tanker cars and boxcars with ingredients to manufacture drilling mud specifically designed for the TMS drilling.

The Mississippi Development Authority provided assistance for rail and roadway improvements. The town of Summit also provided assistance.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs