Milchem

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Milchem Inc. was formed in 1963 to manufacture and market drilling fluids and oilfield chemicals. The company's home office was located at 3920 Essex Lane [1] in Houston, Texas. It had regional sales and service offices throughout North America and the world.

Drilling fluid Aid for drilling boreholes into the ground

In geotechnical engineering, drilling fluid, also called drilling mud, is used to aid the drilling of boreholes into the earth. Often used while drilling oil and natural gas wells and on exploration drilling rigs, drilling fluids are also used for much simpler boreholes, such as water wells. One of the functions of drilling mud is to carry cuttings out of the hole.

In 1971, Milchem was acquired by Baker Oil Tools.

In 1985, Baker announced that it would combine its Houston-based Milchem Drilling Fluids subsidiary with competitor New Orleans-based Newpark Drilling Fluids forming Milpark, with Baker getting 64% of the merged company and Newpark Resources Inc. parent of Newpark Drilling Fluids taking 36%. Combined revenues at the time of the merger were estimated at $225 million per year. [2]

In 1987, Baker merged with Hughes forming Baker Hughes and Hughes Drilling Fluids was merged into Milpark.

Baker Hughes, a GE company (BHGE) is an international industrial service company and one of the world's largest oil field services companies. It operates in more than 120 countries, providing the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes, a GE Company is organized in Delaware and headquartered in Houston. It is 50.4% owned by General Electric.

In 1993, Milpark became a product line within Baker Hughes INTEQ.

In 2004, Baker Hughes Drilling Fluids was established as a stand-alone division of Baker Hughes.[ citation needed ]

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References

  1. Property valuation of Essex Lane, Houston, TX: 3900 (BRI 1834 ESSEX LLC), 3900 (BRI 1834 ESSEX LLC), 3900 (BRI 1834 ESSEX LLC), 3919 (APARTMENTS LP ESSEX), 3920 (APARTMENTS LP GAEL), 3933 (3933 ESSEX LN LLC), 3935 (FOR THE BLIND TAPING), 3939 (CAPITAL VENTURES LP BLUE), 4001 (LYNN GOODE CROWLEY), 4002 (WILLIAM B MCCLOSKEY) (Tax assessments)
  2. Hanley, Robert (1985-10-04), Los Angeles Times - 10/04/1985 , retrieved 2012-06-06