With over 13 000 employees in more than 75 countries around the world, M-I SWACO is a vital part of the world’s hydrocarbon exploration and production industry. The company is the leading supplier of drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty tools designed to optimise wellbore productivity, production technology solutions to maximise production rates, and environmental solutions that safely manage waste volumes generated in both drilling and production operations.
In August 2010, M-I SWACO became part of Schlumberger through its merger with Smith International. The primary driver behind this merger is drilling optimisation. In order to sustain and increase world oil and gas production, higher levels of drilling will be necessary in increasingly challenging and complex environments. This means wells with longer and more complex profiles. Understanding the technical challenges and mitigating the consequent risk in advance of a drilling program can mean major cost savings and well performance improvement for our customers. M-I SWACO will play a critical part in meeting these challenges.
From its earliest roots, M-I SWACO recognised that it best served its clients, not by delivering drilling fluid products to the client’s location, but by anticipating and planning for how those products would behave in the downhole environment, both to optimise drilling performance and to minimise the risk associated with fluids-related problems.