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.

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…

NEW PRODUCT LAUNCH: Gilsonite AquaSol Performs in WBM Like Sulfonated Asphalt, at Significantly Less Cost

American Gilsonite Company is proud to announce the launch of Gilsonite® AquaSol – a cost-effective, high-performance drilling fluid additive, effective in a wide range of water-based systems for both low and high temperature wells. Disperses quickly and easily in water-based mudsGilsonite AquaSol is a free-flowing powder that mixes easily through the hopper and disperses with only mild agitation….

American Gilsonite Offers New G-Bond Cementing Additive for Improved Mixability at Higher Concentrations

American Gilsonite Company now offers Gilsonite G-Bond to deliver even more performance in formulations with higher concentrations. Mixes easily without foaming – saves time, space and moneyGilsonite® G-Bond is traditional cementing grade Gilsonite with a surfactant coating. It is free-flowing and easily disperses in water for rapid wellsite mixing – even at high concentrations. Its unique characteristics eliminate…

Innovation Center Opens in American Gilsonite’s New Corporate Headquarters

American Gilsonite Company hosted an open house to unveil our high-tech Innovation Center located inside the new corporate headquarters in Houston. Customers, vendors and other business partners were on hand to get a first hand look at the new Innovation Center. This advanced facility is equipped and staffed to conduct an array of critical testing…

David G. Gallagher Named President and Chief Executive Officer of American Gilsonite Company

Oil & gas veteran to lead major producer of additives for drilling fluids, cementing, asphalt, inks, and foundry applications American Gilsonite Company, Inc. (“AGC”), the world’s major supplier of Gilsonite®, today announced the appointment of David G. Gallagher to the position of President and Chief Executive Officer, effective immediately. Mr. Gallagher has more than 30…

Announcing the Opening of Our Permian Basin Supply Center in Midland, Texas

ANNOUNCING THE OPENING OF OUR PERMIAN BASIN SUPPLY CENTER IN MIDLAND, TEXAS American Gilsonite Company is pleased to announce the opening of our Permian Basin Supply Center in Midland, Texas. Located in America’s second largest oil and gas producing region, our new Supply Center is strategically situated to expand our customer base as well as…

Scientific study proves benefits of Gilsonite in asphalt pavement

A 2015 study by the Western Regional Superpave Center at the Department of Civil and Environmental Engineering of the University of Nevada, Reno, proved that Gilsonite-modified binders significantly extend the useful life of asphalt pavement. This is good news for agencies looking to reduce the long-term costs of asphalt pavement maintenance. Findings from comprehensive testing…

Introducing Our New and Expanded Line of High Temperature Drilling Mud Additives

After extensive R&D and a multimillion dollar investment in mining capacity, American Gilsonite Company now has an expanded range of HT drilling mud additives ready for immediate delivery. Gilsonite® HT performs in the most extreme conditions Enhances mud properties for HP/HT environments High softening point extends thermal life 10% or more Prevents lost circulation and minimizes…

Field Trials Reveal Gilsonite Reduces Cost of Hollow Beads in Cementing

HOUSTON, TEXAS, May 28, 2015 – In the current oil and gas market, cutting costs has become a universal priority. Gilsonite has proven to be an effective way to reduce the costs of using hollow beads without compromising the quality of a cementing job. Hollow beads are frequently added to cement to reduce slurry density and increase…