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Africa Drilling Fluid & Completion Fluid Market by Types (Water-Based Systems, Oil-Based Systems) Application Areas (Onshore and Offshore) & Geography Forecasting to 2018

  • Report Code: DR 1025
  • Publish Date: 14 May 2014
  • Next Update Date: 14 Aug 2014
  
Description
Table of Contents
Customer Intelligence

The African drilling and completion fluid market was valued at $729.84 million in 2013 and is forecasted to reach $1,115.61 million by 2018, growing at a CAGR of 8.90% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $438.3 million in 2013. The African region constituted nearly 7% of the global drilling and completion fluid market in the same year.

 

Increase in drilling and exploration activities in onshore areas form one of the reasons for the growth of the drilling and completion fluid market in Africa. Offshore activities are mostly carried out in Angola which is a part of the Golden Triangle. Increase in drilling footage is also the driving force of this market. Countries likes Egypt, Algeria, and Nigeria are leading in oil and gas production in the African region.

 

The MMM report, ‘Africa Drilling Fluid and Completion Fluid Market Forecast, 2013-2018’, analyzes the drilling fluids market by base fluid type, application, and geography. In terms of geography, the report is segmented into countries such as Angola, Algeria, Egypt, Nigeria, Libya, and others. Types of drilling and completion fluid markets include water-based systems, oil-based systems, synthetic-based systems, and others (aerated foam, gaseous agents, and air as a base fluid mixed with various additives). The application areas covered are onshore and offshore areas.

 

This report also provides an extensive competitive landscape of companies operating in the drilling and completion fluid market such as Baker Hughes, Halliburton, Tetra Technologies, Inc., M-I SWACO, Anchor Drilling Fluids USA, Inc., and Newpark Resources, Inc. Regional market shares, new product/service launches, mergers and acquisitions, and product portfolios of key market players have been elaborated upon in the report.

 

Additional Customization Options

 

This African drilling fluid and completion fluid market report is designed to estimate, analyze, and forecast the revenue of drilling fluids across the African market. With market data, we also provide customized MMM assessments that meet your company’s specific needs. Customize your report to get an insight into comprehensive industry standards and deep-dive analysis of the following parameters.

 

Product Benchmarking Outlook

  • Comparison of each base fluid used in various applications
  • Qualitative and quantitative data of different types of base-fluids used
  • Product benchmarking of key competitors/consumers
  • Different base fluids drivers with their service providers
  • Competitive analysis of drilling and completion fluids market portfolio of each company mapped at country level by base fluid type

 

Customer Segment Outlook

  • Additional company profiles and landscape
  • Additional market segment assessment by geography/application
  • Additional information about existing projects with detailed analysis, historical data, and statistically refined forecast
  • Drilling fluid properties
  • Analysis of drilling fluid technologies

 

Macro Data

  • Producing well count using fluid type (country-level data)
  • Fluids used in application areas whether onshore or offshore (country-level data)
  • Total rig count (country level)
  • Additional information on drilling equipment
  • Drilling fluid software manufacturers

 

Expert Forum

  • Qualitative inputs on drilling and completion fluid activities - Trends in different countries in the African region
  • Opportunities available and options for new contenders in the market
  • Comprehensive assessment of stakeholder strategies
  • Analysis of market attractiveness with latest developments
  • Analysis on customized fluids

 

Future Prospects

  • Quick turnaround on key upcoming drilling projects driving the demand of drilling and completion fluids
  • Analysis and impact of local and regional environmental regulations by country

 

Market Capital Outlook

  • Capex information

 

Current Industry Challenges

  • In-depth value chain analysis of drilling fluid and completion fluid
  • Challenges faced in drilling fluid industry:
  • Technological challenges
  • Project execution difficulties
  • Supply chain complexity
  • Financing restrictions


1 Introduction

   1.1 Objectives of The Study

   1.2 Market Definitions

   1.3 Market Covered

   1.4 Stakeholders

   1.5 Research Methodology

       1.5.1 Market Size

       1.5.2 Key Data Points Taken From Secondary Sources

       1.5.3 Key Data Points Taken From Primary Sources

   1.6 Assumptions

   1.7 Acronyms

 

2 Market Snapshot

   2.1 Market Value

   2.2 Market Value Forecast

   2.3 By Type

   2.4 By Geography

   2.5 By Application

 

3 Market Overview

  3.1 Introduction

  3.2 Drivers And Restrains For Drilling And Completion Fluids Market

      3.2.1 Drivers

            3.2.1.1 Increase In The Number Of Wells Drilled

      3.2.2 Restraints

            3.2.2.1 Severe Regulations on The Use And Discharge Of Drilling Fluids

  3.3 Porter’s Five Forces Analysis

      3.3.1   Threat of New Entrants

      3.3.2   Threat of Substitutes

      3.3.3   Buyer’s Power

      3.3.4   Supplier’s Power

      3.3.5   Degree of Competition

  3.4 Support Tables

      3.4.1   Introduction

      3.4.2   Industry Overview

 

4 Africa Drilling And Completion Fluids-Market By Types

  4.1 Introduction

  4.2 Drilling And Completion Fluids Market, By Type

  4.3 Africa Water Based Systems Market, By Country

  4.4 Africa Oil Based Systems Market, By Country

  4.5 Africa Synthetic Based Systems Market, By Country

  4.6 Africa Others Based Systems Market, By Country

  4.7 Support Tables

      4.7.1 Introduction

 

5 Drilling And Completion Fluids Market By Geography

  5.1 Introduction

  5.2 Drilling And Completion Fluids Market, By Geography

  5.3 Drilling And Completion Fluids, Egypt Market

  5.4 Drilling And Completion Fluids, Algeria Market

  5.5 Drilling And Completion Fluids, Angola Market

  5.6 Drilling And Completion Fluids, Libya Market

  5.7 Drilling And Completion Fluids, Nigeria Market

  5.8 Drilling And Completion Fluids, Other Market

 

6 Africa Drilling And Completion Fluids Market By Application

  6.1 Introduction

  6.2 Drilling And Completion Fluids Market, By Application

  6.3 Technological Developments And Exploration Activities For Shale Gas, Cbm

      6.3.1 Impact Of Drilling Fluids On The Environment And Surrounding Eco System

  6.4 Demand Scenario

      6.4.1 Demand And Supply Scenario Of Natural Gas

 

7 Drilling And Completion Fluids: Competitive Landscape

  7.1 Drilling And Completion Fluids Africa Market Share, By Companies

  7.2 Developments: Africa Region, By Companies

 

8 Africa Drilling And Completion Fluids,  By Companies

  8.1 Mi Swaco

      8.1.1   Introduction

      8.1.2   Products & Services

  8.2 New Park

      8.2.1   Introduction

      8.2.2   Products & Services

      8.2.3   Financials($Million)

  8.3 Halliburton Co.

      8.3.1 Introduction

      8.3.2 Products & Services.

      8.3.3   Financials($Million).

  8.4 Baker Hughes Inc.

      8.4.1   Introduction

      8.4.2   Products & Services

      8.4.3   Financials($Million).

 

9 Africa Drilling  And Completion Fluids: Macroeconomic Indicators  

  9.1 Introduction.

 

10 Africa Drilling and Completion Fluids

   10.1  Introduction

   10.2  Drilling And Completion Fluids Services: Overview

   10.3  Drilling And Completion Fluids Market Segments

   10.4  Drilling And Completion Fluids Applications

   10.5  Technical Restraints:

   10.6  Technological Developments In Drilling And Completion Fluids.

   10.7  Environmental Restraints.

 

List of Tables

 

Table 1  Global Drilling Activities, By Geography, 2011 – 2012 (Million Feet)
Table 2  Onshore Drilling Activities, By Geography (Million Feet) 2011 – 2012  
Table 3  Offshore Drilling Activities, By Geography (Million Feet) 2011 – 2012  
Table 4  Classification of Drilling And Completion Fluids Base
Table 5  Drilling and Completion Fluids-Africa Market Values, By Types, 2012 - 2018($ Million)
Table 6  Africa Water Based Systems Market, by Country, 2012-2018($Million)
Table 7  Africa Oil Based Systems Market by Country, 2012-2018($Million)
Table 8  Africa Synthetic Based Systems Market by Country, 2012-2018($Million)
Table 9  Africa Others Based Systems Market by Country, 2012-2018($Million)
Table 10 Composition Of Water-Based Drilling Fluids  
Table 11 Composition Of Oil & Synthetic-Based Drilling Fluids  
Table 12 Functions Of Drilling And Completion Fluids
Table 13 Drilling And Completion Fluids -Africa Market Values,  By Geography, 2012– 2018 ($Million)
Table 14 Drilling And Completion Fluids –Egypt Market Values, By Types, 2012 - 2018($ Million)
Table 15 Drilling And Completion Fluids –Algeria  Market Values, By Types, 2012 - 2018($ Million)
Table 16 Drilling and Completion Fluids –Angola Market Values, By Types, 2012 - 2018($ Million)
Table 17 Drilling and Completion Fluids -Libya Market Values, By Types, 2012 - 2018($ Million)  
Table 18 Drilling and Completion Fluids -Nigeria Market Values, By Types, 2012 - 2018($ Million)
Table 19 Drilling And Completion Fluids - Others Market Values, By Types, 2012- 2018($ Million)
Table 20 Drilling and Completion Fluids -Africa Market Values, 39 By Application, 2012– 2018 ($ Million)
Table 21 Technically Recoverable Shale Oil Reserves, By Major Countries, (Billion Bbl)
Table 22 Technically Recoverable Shale Gas Reserves, By Major Countries, (Tcf)
Table 23 Governmental Drilling and Completion Fluids Discharge Regulations, By Countries  
Table 24 Demand of Crude Oil, By Geography, 2007 - 2012 (‘000 Bbl/Day)
Table 25 Percentage Change In Crude Oil Consumption, By Geography,2009 – 2012  
Table 26 Supply of Crude Oil, By Geography, 2007 – 2012 (‘000 Bbl/Day)
Table 27 Percentage Change in Crude Oil Production, By Regions, 2009 – 2012  
Table 28 Demand of Natural Gas, By Geography, 2007 – 2012 (Bcm)
Table 29 Percentage Change In Natural Gas Consumption, By Geography,2009 – 2012
Table 30 Supply of Natural Gas, By Geography, 2007 – 2012 (Bcm)
Table 31 Change In Natural Gas Production, By Geography, 2009 – 2012
Table 32 Total Offshore Wells Drilled, 2011 – 2012  
Table 33 Africa: Developments  
Table 34 Mi Swaco: Products & Services  
Table 35 New Park: Products & Services  
Table 36 New Park: Financials($Million)
Table 37 Halliburton Co.: Products & Services
Table 38 Halliburton Co.: Financials ($Million)
Table 39 Baker Hughes Inc.: Products & Services  
Table 40 Baker Hughes Inc.: Financials ($Million)
Table 41 Macro Indicator Drilled Footage (Million Feet)
Table 42 Composition of Water-Based Drilling Fluids  
Table 43 Composition of Oil & Synthetic-Based Drilling Fluids  

 

List of Figures

 

Figure 1  Market Segmentation  
Figure 2  Drilling And Completion Fluids-Africa Ecosystem  
Figure 3  Porter’s Five Forces Analysis  
Figure 4  Top Growing Coil Tubing-Africa Market,By Services 2013-2018  
Figure 6  Market Share Analysis: 2013  
Figure 7  Market Share Analysis: 2018  
Figure 8  New Park : Ecosystems
Figure 9  Halliburton Co.: Ecosystems  
Figure 10 Baker Hughes Inc.: Ecosystem