Thread regarding Newpark Resources Inc. layoffs

How many mud companies have started up

With ex NP people? I know of at least 3.

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| 2061 views | | 5 replies (last )
Post ID: @OP+18DQ7BbX

5 replies (most recent on top)

Drunk salesmen and sketchy distribution under any other name, still the same.

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Post ID: @mrdb+18DQ7BbX

I say at least 5. Genesis, Cyclone, Universal-Rockies, Universal-Houston and CES in Canada (were a bunch of ex Newparkers). I would venture to say there will be more.

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Post ID: @ksrw+18DQ7BbX

They got rid of, or lost all their rain makers and with them any real credibility with their customer base. If they’re not low bid they can’t get any work based on service, or product quality. Now NDF is looking at a loss of $60,000,000+/- for 2020 with no one left to right the ship. It’s sad.

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Post ID: @5dnn+18DQ7BbX

And the funny thing is most of the personnel with the 2 mentioned companies were either Rif’d, canned or quit because of the colossal mistake of hiring PV and his failure due to his ego driven illiteracy of the fluids biz. BS and PH deserve ALL THE BLAME!!!!! I was there, saw it up close!!!!

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Post ID: @5bzg+18DQ7BbX

Genesis Fluids and Universal(Rockies) come to mind. Between them they are on 35 drilling rigs at this time. They both have CT and WO business, too. However, they don’t use that business to pad their rig count like NDF.

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Post ID: @4fsm+18DQ7BbX

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