With locations in more than 75 countries around the world, M-I SWACO is a vital part of the world’s hydrocarbon exploration and production industry. We are the leading supplier of drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty tools designed to optimize wellbore productivity, production technology solutions to maximize production rates, and environmental solutions that safely manage waste volumes generated in both drilling and production operations. The Company is a joint venture, 60% owned by Smith International, Inc. (Smith), and affiliated companies, and 40% owned by Schlumberger Limited (Schlumberger) and affiliated companies. Today, M-I SWACO employs approximately 13,000 persons in over 400 service locations around the world.