Premier Acquires Assets of International Sample Library in Midland, Texas
Premier Sample Library, LLC a subsidiary of Premier Oilfield Laboratories (Premier) announced today it has acquired the assets of the International Sample Library located in Midland, Texas. Founded in 1957, the library has served as a key resource for regional, national, and international geologists.
Featuring more than 700,000 samples from almost 200,000 wells, the International Sample Library is the largest commercial library of core and cuttings samples. The samples are predominantly from the Permian Basin in West Texasand New Mexico.
The samples will be incorporated into Premier’s existing and future Permian Basin studies. Premier clients can look forward to modernization of the facility as well as online access to the inventory of wells.
These assets will supplement Premier’s existing operations in the United States and abroad, which provide access to a vast array of specialized laboratory equipment, research scientists, and work flows designed to optimize production from both conventional and unconventional oil and gas reservoirs.
“We are very excited to incorporate this well-known resource into our global solutions offering,” said Premier CEO Matt Bell. “The Premier Sample Library will continue to serve as a lending library while our team of experts conduct research that will benefit our E&P customers.”
Premier, with 8 facilities on three continents, will contribute its industry-leading expertise to the combined company, including high-resolution reservoir characterization and completion optimization workflows. The combined business will support Premier’s overall mission to help oil and gas companies make better exploration and production decisions by connecting the dots from samples to simulation and solutions.
For more information about our Midland office please contact Cindy Smith at 432-682-2682. For sales and study information please contact Allen Howard in our Houston office at 713-492-2057.
Please visit Premier Oilfield Laboratories at www.premieroilfieldlabs.com
SOURCE Premier Oilfield Laboratories
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