Copyright Blue Sky Studios.
A clip displaying water splash and drip FX from "Ice Age: Dawn of the Dinosaurs". The dinosaur splashes were created by Dan Chaika, using the same technique used in previous films.
The drip shots employ the same technique as that used for the opening shot of "Horton".
In hardware render, Buck emerging from the water looks a bit odd, like worms are creeping down his face. However, it was built with clear materials in mind; and once applied, only the motion is perceptible. It was therefore not necessary to finesse the effect beyond basic teardrop shapes.
The final shot is a hero drip on the acorn, with "macro" surface tension & much more subtle nuances applied.