Oilfield Suppliers and Services

What Oilfield Suppliers and Services does

Oilfield Suppliers and Services is a privately held Indian chemical manufacturer founded in 1999 and headquartered in Chennai, India, with a state-of-art manufacturing facility in Vandalur, Chennai. The company specializes in producing and supplying drilling fluid chemicals and minerals used in oil and gas exploration operations. Its product portfolio spans more than 40 SKUs across weighing agents (Barite, Hematite, Calcium Carbonate), viscosifiers (Bentonite, Guar Gum, Xanthan Gum), scavengers (oxygen and hydrogen sulphide), biocides and corrosion inhibitors, fluid loss additives (CMC, Resignated Lignite, Sulfonated Asphalt), shale control additives (Gilsonite, Sodium/Potassium Silicate), defoamers, lubricants and surfactants, lost circulation materials (Graphite, Mica, Walnut Shell, Kwik-Seal), commercial chemicals, and workover/completion brines. Several products comply with API 13A specifications and ISO 9001:2008 quality standards, supported by an in-house quality control lab and pilot plant.

The company operates a direct-to-enterprise B2B go-to-market model, selling to oil and gas exploration operators and reaching customers across the Middle East (UAE, Kuwait, Oman, Bahrain, Turkey) and Southeast Asia (Malaysia, Thailand, Singapore). Its single distribution channel is direct manufacturing and supply with private labeling and customized packaging available on request; marketing and customer acquisition are driven through the company website (oilfield-supplies.com) and direct contact via email and phone. Gilsonite is positioned as a cross-vertical product with applications in drilling fluids, cementing, foundry, asphalt, and inks/paints/stains, indicating modest product-line diversification beyond core oilfield chemicals.

The revenue model is product sales of drilling fluid chemicals and minerals on a transactional/contract basis, with pricing not publicly disclosed and negotiated per inquiry. There is no software, subscription, or recurring-revenue component. The company is independently owned with no disclosed parent, subsidiaries, institutional investors, funding rounds, or publicly reported financials. Strategic positioning rests on 25+ years of formulation experience, API-spec and ISO-compliant quality systems, export reach to oil-producing regions, and a broad single-supplier product catalog for drilling fluid programs.

Name

Oilfield Suppliers and Services

Legal name

Oilfield Suppliers and Services

Website

https://oilfield-supplies.com

Company type

Private

Founded year

1999

Operating status

Operating

Short description

Oilfield Suppliers and Services is a Chennai, India-based private manufacturer founded in 1999 that produces and exports drilling fluid chemicals and minerals to oil and gas exploration operators across the Middle East and Southeast Asia, offering over 40 SKUs under ISO 9001:2008 quality standards.

Ownership category

akta.pro rank

Product category

Oilfield Chemicals

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Drilling Fluids, Solids Control & Waste Handling (EUALABAG)

akta.pro secondary industries

Oilfield & Refining Specialty Chemicals (IMAEABAI), Oil & Gas Water Treatment & Production Chemicals (IMAEAJAI)

Keywords

• Drilling fluid chemicals
• Oilfield chemical additives
• Mud weighting agents
• Well completion fluids
• Oil and gas chemicals

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Drilling Fluid Chemicals and Minerals Sales: The company manufactures and supplies a comprehensive range of drilling fluid chemicals and minerals used in oil and gas exploration operations. Products include weighing agents, viscosifiers, scavengers, corrosion inhibitors, cementing materials, and specialty additives. Revenue is generated through direct product sales with private labeling and customized packaging options available.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Oilfield Suppliers and Services manufactures and supplies drilling fluid chemicals and additives used by oil and gas exploration and production operators. The product portfolio spans weighing agents, viscosifiers, scavengers, biocides, fluid loss additives, shale control additives, defoamers, lubricants, lost circulation materials, commercial chemicals, and workover/completion fluids, serving upstream drilling operations across the Middle East and Southeast Asia.

Product overview

Oilfield Supplies and Services is a manufacturer and supplier of drilling fluid chemicals and minerals for oil and gas exploration operations. The company's product portfolio encompasses five core product categories: Weighing Agents (Barite Powder, Hematite Powder, Calcium Carbonate) that increase drilling fluid density; Viscocifiers (Bentonite Powder, Guar Gum, Xanthan Gum) for viscosity control and suspension; Scavengers (Oxygen Scavenger, Hydrogen Sulphide Scavenger) for contaminant removal; Biocides and Corrosion Inhibitors (Amine Based Biocide, Aldehyde Based Biocide) for bacterial control; and Fluid Loss Additives (Sulfonated Asphalt, Carboxy Methyl Cellulose, Resignated Lignite) for filtration control. Additional offerings include Shale Control Additives (Sodium Silicate, Potassium Silicate, Gilsonite), Defoamers (Silicon Based Defoamer), Lubricants and Surfactants (Drilling Detergent, Rig Wash, Spotting Fluids), and Lost Circulation Materials (Synthesized Graphite, Kwik-Seal, Mica Flakes, Walnut Shell). The company also supplies Commercial Chemicals (Caustic Soda, Citric Acid, Hydrochloric Acid, Soda Ash, and various salts) and Workover and Completion fluids (Sodium Bromide, Sodium/Potassium Formate, Sodium/Potassium Chloride, Calcium Chloride). Gilsonite is offered with multiple application-specific formulations for drilling fluids, cementing, inks/paints/stains, foundry, and asphalt industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Weighing Agents Weighing agents used in drilling fluids to increase mud density and control formation pressures during oil and gas well drilling, supplied to upstream oilfield operators and drilling contractors.
• Viscosifiers Viscosifiers used to control the rheological properties of drilling mud and provide hole cleaning and suspension of cuttings in oil and gas drilling operations.
• Scavengers Scavenger additives used in drilling fluids to neutralize harmful contaminants such as hydrogen sulfide, oxygen, or carbon dioxide encountered during drilling operations.
• Biocides Biocides used to control bacterial growth and degradation in drilling fluids and water-based mud systems used by oilfield operators.
• Fluid Loss Additives Fluid loss additives used in drilling fluids to reduce the loss of liquid from the mud into the formation during drilling operations.
• Shale Control Additives Shale control additives used to inhibit shale hydration, swelling, and dispersion in reactive formations encountered during oil and gas drilling.
• Defoamers Defoamers used to control and suppress foam and entrained air in drilling fluids and mud systems.
• Lubricants Lubricants added to drilling fluids to reduce torque and drag, lower friction between the drill string and wellbore, and improve rate of penetration.
• Lost Circulation Materials Lost circulation materials used to seal fractures and highly permeable formations and prevent loss of drilling fluid into the formation during drilling operations.
• Commercial Chemicals Commercial chemicals supplied for general oilfield and drilling support applications, complementing the specialty drilling fluid additive range.
• Workover/Completion Fluids Workover and completion fluids used during well intervention, workover, and completion operations to control formation pressure and protect the wellbore.

Quantifiable outcome

• Products formulated to pass deepwater EPA regulations (Gilsonite)
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Drill-Chem Drilling Technologies: Drill-Chem is a Houston-based specialty drilling fluids and chemicals manufacturer offering barite, bentonite, lost circulation materials, and custom formulations. It is a smaller emerging player with product categories and private-label capabilities directly comparable to Oilfield Suppliers and Services.
• Volclay International (American Colloid): Volclay International, part of the American Colloid Company, manufactures bentonite-based drilling fluids and specialty minerals for oilfield applications. It is an emerging specialty player with overlapping product offerings in viscosifiers and weighting agents used in drilling fluid systems.

Broad incumbents

• Halliburton: Halliburton's Baroid division is one of the largest global drilling fluids and services providers, supplying a comprehensive range of drilling fluid chemicals and minerals. As a broad incumbent, Halliburton competes with Oilfield Suppliers and Services in the same product categories but operates globally with significantly greater scale and integrated services.
• SLB (Schlumberger): SLB operates a drilling fluids and specialty chemicals business through its M-I SWACO and subsequent product lines, providing drilling fluid chemicals and minerals globally. As one of the largest oilfield services companies, SLB competes broadly with Oilfield Suppliers and Services in drilling chemistry products.
• Baker Hughes: Baker Hughes is a major oilfield services and equipment company with a drilling services and chemicals portfolio that overlaps with Oilfield Suppliers and Services' product range. As a broad incumbent, it competes globally across many of the same product categories including drilling additives and specialty chemistries.
• TETRA Technologies: TETRA Technologies manufactures and supplies oilfield completion fluids, production chemicals, and water management solutions globally. Its completion fluids and chemicals product line overlaps with Oilfield Suppliers and Services' workover, completion, and specialty chemical offerings.

Direct peers

• CES Energy Solutions: CES Energy Solutions (formerly Canadian Energy Services) is a leading specialty chemical supplier to the North American oilfield, with a drilling fluids product line covering weighting agents, viscosifiers, and lost circulation materials. It serves as a directly comparable specialty oilfield chemicals manufacturer with similar product categories.
• Newpark Resources: Newpark Resources is a global supplier of drilling fluids and composite matting systems for oilfield operations, with a dedicated Drilling Fluids segment that manufactures and supplies water-based, oil-based, and synthetic-based fluids. It is one of the closest pure-play drilling fluids specialists comparable to Oilfield Suppliers and Services' product portfolio.
• Gumpro Drilling Fluids: Gumpro Drilling Fluids is an India-based manufacturer and exporter of drilling fluid chemicals and specialty oilfield additives, headquartered in Mumbai. It is a directly comparable Indian drilling fluids manufacturer with overlapping product categories and similar geographic focus on the Middle East and Southeast Asia.

Regional players

• Scomi Group (Scomi Energy Services): Scomi Group is a Malaysia-based oilfield services company that historically supplied drilling fluids and mud engineering services across Asia Pacific and the Middle East. It is comparable to Oilfield Suppliers and Services in drilling fluids manufacturing with a strong Southeast Asia presence.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oilfield Suppliers and Services