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Coalfax

Oil and gas consumables are the materials which are required on a daily basis for the smooth functioning of upstream and downstream operations. These materials include drill bits, chemicals, oils, and other additives. Usage of these consumable materials is spread over the entire lifecycle of a oil/gas well including exploration, drilling, completion, production, intervention, and abandonment. The soaring demand of energy across the globe and maturity of the existing hydrocarbon reserves has increased the focus of oil and gas operators towards new development activities. Thus, the increased exploration and production activities is driving the oilfield services market, which in turn creates huge market opportunities for the oil and gas consumable manufacturing industry.

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The Asia-Pacific market was estimated to have acquired a share of 15% of the global drilling & completion fluid market in 2014. The bulk of the drilling activities in Asia-Pacific are onshore activities. China and Thailand hold a substantial share of the offshore drilling activities, with the maximum offshore wells drilled in these regions. The drilling and completion fluid market for onshore applications is dominated by China, India, and Indonesia. The drilling & completion fluid market in China is primarily driven by factors including shale gas exploration and growth in drilling activities.
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Water-Based Drilling And Completion Fluids Water-Based Drilling And Completion Fluids
Water based drilling fluid consists of general categories of water-base which includes fresh water, seawater, salt water, lime, potassium and silicate. Water-based drilling fluids are the most widely used systems, and are considered less expensive than oil-based fluids (OBFs) or synthetic-based fluids (SBFs). Water-based drilling fluids can deliver cost-effective performance with minimal environmental impact. 
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Oil-Based Drilling And Completion Fluids Oil-Based Drilling And Completion Fluids
Oil-based fluids (OBFs) are formulated with diesel, mineral oil, or low-toxicity linear olefins and paraffins. The olefins and paraffins are often referred to as "synthetics" although some are derived from distillation of crude oil and some are chemically synthesized from smaller molecules. Oil-based fluids are expensive, but have various advantages through, troublesome shales that would otherwise swell and disperse in water based mud e.g. smectite, to drill deep, high temperature holes that dehydrate water based mud, to drill water soluble zones and to drill producing zones.
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Synthetic-Based Drilling And Completion Fluids Synthetic-Based Drilling And Completion Fluids
Synthetic-based drilling fluids use synthetic hydrocarbons, ethers, esters, as the base fluid which is mixed with additives such as emulsifiers, rheological modifiers, fluid loss additives, wetting agents, and many more. Synthetic-based fluid can be used to maximize rate of penetrations, increase lubricity in directional and horizontal wells, and minimize wellbore-stability problems, such as those caused by reactive shales.
Upcoming
North America Drilling Fluid & Completion Fluid North America Drilling Fluid & Completion Fluid
The North American Drilling Fluid & Completion Fluid market was estimated at $5.5 billion in 2013 and is projected to reach $7.8 billion by 2018, at a CAGR of 7.3%. It is segmented on the basis of type, application and geography.
Apr 2015
Asia-Pacific Drilling Fluid & Completion Fluid Asia-Pacific Drilling Fluid & Completion Fluid
The Asia-Pacific Drilling Fluid & Completion Fluid market was estimated at $1.6 billion in 2013 and is projected to reach $2.4 billion by 2018, at a CAGR of 7.8%. The regional market constituted 15.5% of the global drilling fluid & completion fluid market in 2013 and is estimated to reach15.3% by 2018. The drilling fluid & completion fluid market is segmented on the basis of type, application and geographies.
Mar 2015
Europe Drilling Fluid & Completion Fluid Europe Drilling Fluid & Completion Fluid
The European Drilling Fluid & Completion Fluid market was valued at $1.3 billion in the year 2013 and is projected to reach $1.8 billion by the end of the year 2018 at a CAGR of 6.1%. It is segmented on the basis of type, application and geography.
Apr 2015
Latin America Drilling Fluid & Completion Fluid Latin America Drilling Fluid & Completion Fluid
The Latin American Drilling Fluid & Completion Fluid market was estimated at $0.9 billion in 2013 and is projected to reach $1.4 billion by 2018, at a CAGR of 9.2%.  It is segmented on the basis of type, application and geographies.
Mar 2015
Africa Drilling Fluid & Completion Fluid Africa Drilling Fluid & Completion Fluid
The African Drilling Fluid & Completion Fluid market was estimated at $0.7 billion in 2013 and is expected to reach $1.1 billion by 2018, at a CAGR of 8.8%.  It is segmented on the basis of type, application and geographies.
Mar 2015
Middle East Drilling Fluid & Completion Fluid Middle East Drilling Fluid & Completion Fluid
The Middle Eastern Drilling Fluid & Completion Fluid market was valued $0.5 billion in 2013 and is expected to reach $0.7 billion in 2018 at a CAGR of 5.7%.  It is segmented on the basis of type, application and geographies.
Apr 2015
Marine Paint Marine Paint
Marine Paint and Drilling Fluid & Completion Fluid adds up to total
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