Drilling Fluids (Drilling Mud) Market & Completion Fluids Market by Types, Application Areas & Geography - Forecast to 2018

The report covers the global drilling fluids market and segments it on the basis of their application areas that include onshore and offshore applications.

Navi Mumbai, Maharashtra, April 3, 2014 /India PRwire/ -- Drilling and completion fluids are used in drilling and completion processes of any oil and gas well. These systems in global drilling fluids market serve various purposes, including removal of cuttings from wellbore, to suspend and release cuttings, to counterbalance the formation pressures, to seal permeable formations, to maintain the wellbore stability, to minimize formation damages, to work as a coolant and lubricant for drilling bit, to transmit hydraulic energy to drilling bit, to control corrosion of the equipment, and so on.

The completion and drilling fluids market is driven by the increasing drilling activities and it is expected to be another strong, profitable year for E&P companies around the globe, especially for those focusing on crude oil. The price trend of crude oil and natural gas will support greater liquids and shale exploration in a number of international areas, just like it has been done in North America over the past few decades. The relatively high price also supports large development projects offshore. The drilling fluids market is growing at 7.5% from 2013 to 2018 which directly complements the drilling activities.

The report covers the global drilling fluids market and segments it on the basis of their application areas that include onshore and offshore applications. Secondly, the global drilling and completion fluids market is segmented on the basis of type of base fluids such as water-based systems, oil-based systems, synthetic-based systems, and other systems. Lastly, the market is segmented on the basis of regions such as North America, Asia-Pacific, Europe, Latin America, Africa, Middle East, and Rest of the World (ROW). Each segment has been analyzed with respect to their market trends, growth trends, and future prospects.

For More Details Click on this Link:- http://www.jsbmarketresearch.com/energy-utilities/r-Drilling-Fluids-Market-Completion-Fluids-Market-by-Types-Application-Areas-Geography-97451

List of Tables

Table 1 Historic Investments Made By Leading Industry Players
Table 2 Composition Of Water-Based Drilling Fluids
Table 3 Composition Of Oil & Synthetic-Based Drilling Fluids
Table 4 Functions Of Drilling Fluids And Completion Fluids
Table 5 Global Footage Drilled, By Geography, 2011 2013 (Million Feet)
Table 6 Supply Of Crude Oil, By Geography, 2007 2011, Bbl/Day (000)
Table 7 Total Offshore Wells Drilled, 2011 2012
Table 8 Technically Recoverable Shale Oil Reserves, By Major Countries, 2011 (Billion Bbl)
Table 9 Technically Recoverable Shale Gas Reserves, By Major Countries, 2011 (Tcf)
Table 10 Governmental Drilling And Completion Fluids Discharge Regulations, By Countries

List of Figures

Figure 1 Research Methodology
Figure 2 Data Triangulation Methodology
Figure 3 Global Drilling And Completion Fluids Market, By Geography, 2011 2018 ($Million)
Figure 4 Market Overview: Tree Structure
Figure 5 Drilling And Completion Fluids Industry: History & Evolution
Figure 6 Global Drilling And Completion Fluids Market Revenue, 2010 2018 ($Million)
Figure 7 Base Fluids Types: Market Revenue, 2011 2018 ($Million)
Figure 8 Growth Of The Market In Application Areas, By Geography, 2013 2018
Figure 9 Global Drilling Fluids And Completion Market: Scenario Of Different Regions, 2013
Figure 10 Global Drilling And Completion Fluids Market Revenue, By Major Countries Of Each Geography, 2013 ($Million)

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