WorldWide Drilling Resource

13 WorldWide Drilling Resource ® JANUARY 2015 Send Your Breaking News to: promotions@ worldwidedrillingresource.com Breaking News Weatherford Sells its Engineered Chemistry and Drilling Fluids Businesses Weatherford International signed an agreement with an affil- iate of the Lubrizol Corporation for the sale of the company’s engi- neered chemistry and integrity drilling fluids business for $750 million. Weatherford’s engineered chemistry business provides chem- ical treatments for oil and gas production and produced waters, as well as additives for drilling, workover, and stimulation operations. The company’s integrity drilling fluids business includes drilling fluid systems and additives for enhanced performance of drilling operations. Once the transaction is com- pleted, the engineered chemistry and integrity industries will become a new business segment called Lubrizol Oilfield Solutions. National Scholarship Program Available The American Institute of Professional Geologists (AIPG) is offering up to four $1000 scholarships for undergraduate geological sci- ences majors who are at least sophomores attending a college or university in the U.S. The applicant must be either a student member of AIPG, or has applied for student membership at the time the scholarship applica- tion is submitted. Applications must be received by February 15, 2015.