BUSINESS UNITS'
PRODUCTS AND REVENUE GROWTH

1996 ANNUAL REPORT  
 
M-I DRILLING FLUIDS™ - water-base muds, oil mud products, synthetic fluid systems and clear brine fluids and additives. Other operations include M-I Air Drilling, M-I Minerals and Chemicals and Federal Wholesale and Industrial Products. SWACO™ - Complete line of advanced equipment for solids control, pressure control, rig instrumentation and waste management services.
*As M-I was acquired on February 28, 1994, the 1994 amount is proforma.

 
SMITH TOOL - Milled tooth and tungsten carbide insert (TCI) rock bits, as well as blast-hole, pilot-hole and hammer bits for the mining industry.

 
AZ® - SERVCO® - RED BARON - Underreamers, mills, hole openers, side-tracking systems, fishing tools, washover tools, coil tubing services and well abandonment packages. DRILCO® - GRANT® - Rotating drilling heads, downhole tubulars, drilling tools, inspection services, pinup drillstring technology and computerized bottom hole assembly design services. LINDSEY® - Pocket slip liner hanger systems, liner hangers and accessory completion equipment

 
GEODIAMOND™ - Polycrystalline diamond compact (PDC) bits and natural diamond bits. MEGADIAMOND - SUPRADIAMANT - Wholly-owned subsidiaries which manufacture polycrystalline diamond compact cutters used on PDC bits and diamond-enhanced inserts for other drilling products. This unit also markets synthetic diamond and ultrahard products for industrial applications.

BACK TO PROFILE