Founded in 2005, Houston-based SOS is a full-service solids control and drilling fluids company with operations in the Marcellus, Eagle Ford and Utica shale plays.  This transaction further positions Calumet as one of the leading suppliers of specialty oil field products and services to the drilling industry, building upon the Partnership's acquisition of Anchor Drilling Fluids in March 2014. For further detail, please visit our story Calumet Makes Another Acquisition in the March 31, 2014 issue of the OEM/Lube News. 

 

SOS will operate as a subsidiary of Anchor Drilling Fluids, which is wholly-owned by Calumet.  The Partnership believes this transaction will enable Calumet to provide a more comprehensive offering that extends beyond drilling fluids to include solids control equipment and services.

 

"Oil field services remains a rapidly growing, yet highly fragmented industry," stated Jennifer Straumins, President and COO of Calumet.  "This accretive transaction helps to further build upon Calumet's position as a leading supplier of specialized, high-quality products and services to drillers in the field."

 

Calumet Specialty Products Partners, L.P. is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products. Calumet also produces fuel products including gasoline, diesel and jet fuel. Calumet is based in Indianapolis, Indiana and has thirteen facilities located in northwest Louisiana, northwest Wisconsin, northern Montana, western Pennsylvania, Texas, New Jersey and Oklahoma.