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 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…

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…