Dublin, Nov. 15, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/5npzp2/drilling_fluids)
has announced the addition of the
"Drilling Fluids (Drilling Mud) Market & Completion Fluids
Market by Types, Application Areas & Geography - Forecast to
2018" report to their offering.
'Drilling Fluids (Drilling Mud) Market & Completion Fluids
Market: by Types (Water-Based Systems, Oil-Based Systems,
Synthetic-Based Systems, Other Based Systems), Application Areas
(Onshore and Offshore) & Geography - Forecast to 2018'
Drilling fluids and completion fluids are critical for any drilling
and exploration activity carried onshore or offshore. They are used
extensively worldwide at drilling sites for cooling the wellbore,
remove the rock cuttings, and transport them to the surface. The
high world energy demand and rise in population are forcing the
need to drill as deep as possible and in challenging geological
conditions. The shale boom in North America and other regions have
again fueled the growth of drilling and completion fluids. The
largest application area for drilling fluids and completion fluids
is the onshore application as most of the drilling activities are
carried onshore. The major countries for the drilling and
completion fluids market are the U.S., Canada, and Russia where
most of the drilling activities are taking place.
M-I SWACO (U.S.), Halliburton (U.S.), Baker Hughes (U.S.), Newpark
Drilling (U.S.), Tetra Technologies Inc. (U.S.), and Anchor
Drilling (U.S.) are the major players constituting major share of
the global drilling fluids and completion fluids market. Most of
these companies mainly relied on growth strategies such as new
product launch, joint ventures & contracts, mergers &
acquisitions, and investments & expansions in diversified
geographic areas. The capital expenditure and operating expenditure
of the oil and gas industry are very huge in terms of value. To
increase their geographic presence and market penetration,
companies preferred merger and acquisition. New product launches
and investments & expansion are the key strategies that are
helping the companies to penetrate the existing market, and expand
into the new and emerging markets.
Major
drilling fluids and completion fluid types include water-based
systems, oil-based systems, synthetic-based systems, and other
based systems. Water-based system is the largest type in terms of
revenue, generating more than half of the market share.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Market Analysis
5 Drilling & Completion Fluids Market, By Application
Areas
6 Drilling & Completion Fluids Market, By Base Fluids
Type
7 Drilling & Completion Fluids Market, By Geography
8 Competitive Landscape
9 Company Profiles
- Akzo Nobel Nv 182
- Anchor Drilling Fluids Inc.
- Baker Hughes Inc.
- Canadian Energy Services
- Chevron Phillips Chemical Company Llc.
- Cp Kelco Inc.
- Geo Drilling Fluids Inc
- Global Drilling Fluids & Chemicals Ltd.
- Halliburton Co.
- Hitech Drilling Fluids Ltd.
- Imdex Ltd
- Lamberti Group
- M-I Swaco
- National Oilwell Varco Inc.
- New Park Resources Inc.
- Scomi Group Bhd
- Secure Energy Services Inc.
- Sun Drilling
- Tetra Technologies Inc.
- Weatherford International Ltd
For more information visit http://www.researchandmarkets.com/research/5npzp2/drilling_fluids
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
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Sector:
Energy and Natural Resources