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Bri-Chem Profile

Bri-Chem Corp. operates as a wholesale distributor, blender, and packager of oilfield chemicals to the oil and gas industry in North America.

The company engages in the distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. The company sells, blends, packages and distributes a range of drilling fluid products, from 26 strategically located warehouses throughout Canada and the United States.

Drilling Fluids Market

The company supplies oilfield chemical products and services to drilling fluid engineering, cementing, completion, stimulation and production companies operating in the Western Canadian Sedimentary Basin (WCSB) in the provinces of Alberta, British Columbia, Saskatchewan and Manitoba and throughout the U.S.A. unconventional resource plays in all major drilling regions, including North Dakota, Wyoming, Colorado, Utah, New Mexico, Texas, Pennsylvania, Oklahoma and California.

The company owns 100% interest in Bri-Chem Supply Ltd.; 100% interest in Sodium Solutions Inc.; 100% interest in Solution Blend Service Ltd.; and 100% interest in Bri-Corp USA, Inc., which has three 100% owned subsidiaries (Bri-Chem Supply Corp, LLC; Sun Coast Materials, LLC; and Bri-Chem Logistics, LLC).

Oil and Gas Drilling Fluids Division

The company’s main business activity is in the wholesale distribution of oilfield chemicals to the oil and gas industry in North America. The company supplies, blends and packages drilling fluid products in various weights and clays, lost circulation materials, chemicals and oil mud products to mud engineering companies who sell directly to drilling firms engaged by the oil and gas companies.

Oilfield Chemical Distribution

Principal Products or Services

The principal business activity of the company is the wholesale distribution of oilfield chemicals for the North American oil and gas industry. Drilling fluids, also called drilling mud, is a circulating fluid consisted of many blended oilfield chemical products that makeup a complex engineered fluid system, which is used for drilling oil and natural gas wells. The drilling fluid is pumped from the surface through the hollow drill string, exits through nozzles in the drill bit, and returns to the surface through the annular space between the drill string and the walls of the hole. As the drill bit grinds rocks into drill cuttings, these cuttings become entrained in the mud flow and are carried to the surface. In order to return the mud to the recirculating mud system and to make the solids easier to handle, the solids must be separated from the mud. The first step in separating the cuttings from the mud involves circulating the mixture of mud and cuttings over vibrating screens called shale shakers. The liquid mud passes through the screens and is recirculated back to the mud tanks from which mud is withdrawn for pumping downhole. The drill cuttings remain on top of the shale shaker screens.

The company’s services the drilling sector of the North American oil and gas industry through its subsidiaries Bri-Chem Supply Ltd. (BSL) in Canada and Bri-Chem Supply Corp, LLC (BSU) in the U.S.A. BSL and BSU have access to over 100 different products in a wide variety of weights and clays, lost circulation materials, chemicals and oil mud products.

Oilfield Chemical Blending and Packaging

The drilling fluids market also includes completion, cementing, acidizing, stimulation and production chemicals. The company has the ability to mix and blend oilfield chemical products to grow and adapt to the changing environment and needs of their clients. The distribution of chemical supplies and packaging in Canada is operated through the company’s blending and packaging facilities located in Acheson and Camrose, Alberta and its stimulation and production chemical blending facility is operated through SBS located in Calgary, Alberta. The distribution, packaging and blending of oilfield cementing chemical products in the U.S.A. is operated through Sun Coast Materials, LLC (SCM) located in Bakersfield, California.

The company offers customers the ability to custom blend proprietary products to meet the changing needs of customers. The company offers blending of cementing, acidizing and fracturing chemical additives used in multi-stage fracing applications and well completions. Through SBS, the company offers blending and packaging services for production and stimulation oilfield chemicals in the Canadian marketplace. The company is also able to meet large volume demands of customers by sourcing and bagging large bulk commodity products.

History

Bri-Chem Corp. was founded in 1985.

Country
Industry:
Chemicals and allied products
Founded:
1985
IPO Date:
01/11/2007
ISIN Number:
I_CA10778T1057

Contact Details

Address:
27075 Acheson Road, Acheson, Alberta, T7X 6B1, Canada
Phone Number
780 962 9490

Key Executives

CEO:
Caron, Don
CFO
Pagnucco, Tony
COO:
Data Unavailable