Drilling fluids and minerals provider Wyo-Ben Inc. has announced the acquisition of the bentonite operation of M-I Swaco, a division of Schlumberger. In a release, the company says the move further solidifies Wyo-Ben’s position in the industry and opens new avenues for growth and innovation.
"This acquisition aligns perfectly with our long-term growth strategy and allows us to provide an even more comprehensive suite of products and services to our valued customers worldwide,” says David Brown, CEO of Wyo-Ben. “By combining our strengths, we will enhance our capabilities and unlock new opportunities for innovation and success. We warmly welcome the employees at M-I Swaco into the Wyo-Ben family.”
Wyo-Ben calls the acquisition of M-I Swaco bentonite operation, based in Greybull, Wyoming, a significant milestone, as it brings together two industry powerhouses with complementary strengths and expertise. By combining resources, knowledge and experience, the newly formed entity will offer an enhanced portfolio of products and services to customers worldwide.
Wyo-Ben has built a strong reputation over the years for its commitment to delivering superior drilling fluids, sealant and additives that meet the unique needs of its customers. This addition will further enhance Wyo-Ben’s ability to provide tailored solutions for drilling and completion challenges across a wide range of applications.
The company expects M-I Swaco’s established global presence and extensive customer base to contribute to accelerate growth and market expansion. It says the acquisition bolsters the company’s ability to serve customers on a larger scale, tap into new markets and provide a broader range of integrated solutions to address the evolving demands of the industry.
Wyo-Ben says it remains committed to maintaining the highest level of service and support during the transition, ensuring seamless integration of operations and minimal disruptions to existing customers.
Wyo-Ben mines, processes and distributes sodium bentonite products for a variety of drilling and industrial applications. The company, founded in 1951, has processing facilities across north central Wyoming. For more information, call visit www.wyoben.com.