News

News

AMERICAN GILSONITE COMPANY WANTS TO KEEP YOU INFORMED

Review these articles to find out about new innovations, applications, test results, tradeshow presentations and other American Gilsonite Company developments.

Study presented at OTC Asia proves Gilsonite is an environmentally compliant and economical fluid loss control additive for SBM

The Offshore Technology Conference Asia (OTC Asia) is a biennial event held in Kuala Lumpur, Malaysia. The 2018 event marked the recovery of the oil and gas industry in the region with more than 40,000 professionals in attendance from over 80 countries. The highlight of American Gilsonite’s participation in OTC Asia was the presentation of…

American Gilsonite Company Paper Selected for Publication at the OTC Asia Conference

A paper submitted by the American Gilsonite Company has been chosen for publication at the Offshore Technology Conference Asia (OTC Asia), to be held March 20-23, 2018 in Kuala Lumpur, Malaysia. OTC Asia is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters….

Study Shows Gilsonite Offers Superior Mastic Asphalt Performance and Economic Advantages

An independent study was recently conducted to determine how the physical and chemical properties of Gilsonite performed compared to Trinidad Lake Asphalt (TLA). The study compared a typical mastic asphalt bitumen modified with 24.4% TLA and formulations of bitumen modified with Gilsonite at significantly lower concentrations of 5% and 6%. All of the formulations used…

2017 European Asphalt Symposium hosted by American Gilsonite Company

American Gilsonite Company recently hosted the 2017 European Asphalt Symposium in Cologne, Germany to give road paving engineers from across the continent an opportunity to learn about the latest advancements in Gilsonite asphalt modification technology. A distinguished panel of experts presented the findings of various scientific studies demonstrating how Gilsonite can add strength, durability and…

Study Proves Gilsonite is Safe and Effective in Deepwater Applications

A new study which evaluated the performance and environmental compliance for Uintaite (Gilsonite) in deepwater drilling operations has revealed that it is a safe and effective means of extending emulsion stability and increasing the temperature threshold in invert emulsion system formulations while fully complying with EPA standards for deepwater discharge. Gilsonite is known to be…

American Gilsonite Company Announces Strategic Partnership with Adventus Material Strategies, LLC

American Gilsonite Company (“American Gilsonite”, or “AGC”), the world’s principal commercial miner and processor of uintaite, the unique mineral marketed under its trademark name “Gilsonite®,” today announced a strategic partnership with Adventus Material Strategies, LLC (“Adventus”). AGC and Adventus will work together to develop an effective marketing and commercialization strategy to increase asphalt sales among business and…

American Gilsonite Company Paper Selected for NTCE AADE Conference

Dario Montes and Ghery Sotomayor of American Gilsonite Company have been chosen as joint speakers at the 2017 American Association of Drilling Engineers National Technical Conference and Exhibition (AADE). The AADE is a non-profit volunteer organization dedicated to providing a forum for the dissemination and interchange of drilling practices and technology among its members and…

American Gilsonite Company Completes Financial Restructuring

HOUSTON, January 4, 2017 — American Gilsonite Company (“American Gilsonite”, or “AGC”), the world’s principal commercial miner and processor of uintaite, the unique mineral marketed under its trademark name “Gilsonite,” today announced that it has completed its financial restructuring and has emerged from the chapter 11 process. David G. Gallagher, President and Chief Executive Officer, said, “We have…

American Gilsonite Company Reaches Agreement with Second Lien Noteholders and Equity Sponsor on Prepackaged Reorganization Plan

Normal operations expected to continue with no impact on customers, employees, or vendors HOUSTON, TEXAS – October 24,2016 – American Gilsonite Company, Inc. (“American Gilsonite”, or “AGC”), the world’s principal commercial miner and processor of uintaite, the unique mineral marketed under its trademark name “Gilsonite,” today announced that it has reached an agreement with holders…

Gilsonite Improves Performance, Extends Thermal Life and Reduces Cost in Deepwater Drilling

Gilsonite® has been proven safe and effective in more than 60 years of oilfield performance. Added to drilling fluids, it increases performance and reduces cost in deepwater drilling while minimizing risk. Gilsonite meets all EPA requirements for Gulf of Mexico discharge The deeper you look, the more benefits you’ll seeWith natural bonding and plugging properties and…

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