You are here :   Home     Oil & Gas     Oil & Gas Consumables     Drilling Fluid & Completion Fluid    
Real Time Market Research & Industry Analysis - MicroMarketMonitor

Latin America 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 1024
  • Publish Date: 14 May 2014
  • Next Update Date: 14 Aug 2014
  
Description
Table of Contents
Customer Intelligence

The Latin American drilling and completion fluid market was valued $934.75 million by 2013 and is forecasted to reach $1,449.33 million by 2018, growing at a CAGR of 9.20% from 2013 to 2018.  The water-based system in drilling and completion fluids accounted for $551.97 million in 2013. The Latin American region constituted nearly 9% of the global drilling and completion fluid market in 2013.

 

Increase in drilling and exploration activities for shale and other resources has led to widespread consumption of drilling fluids, which forms one of the reasons for the growth of the drilling and completion fluid market in Latin America. Latin American countries such as Venezuela and Brazil, which are part of the Golden Triangle, are seeing tremendous increase in offshore drilling activities.

 

The MMM report ‘Latin America Drilling Fluid and Completion Fluid Market Forecast, 2013-2018’ analyzes the drilling fluids market by base fluid types, application, and geography. In terms of geography, the report is segmented into countries such as Mexico, Brazil, Venezuela, Argentina, 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 report is designed to estimate, analyze, and forecast the revenue of drilling fluids across the Latin American 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

 

3 Market Overview

  3.1 Introduction

  3.2 Drivers And Restrains For Coiled Tubing Market

      3.2.1 Drivers

            3.2.1.1 Increase In The Number Of Wells Drilled

            3.2.1.2 Increase In Drilling And Exploration Activities For Shale And Other Resources

      3.2.2 Restraints

            3.2.2.1 Severe Regulations On The Use And Discharge Of Drilling Fluids

            3.2.2.2 Shortage Of Mud Engineering Professionals

  3.3 Support Tables

      3.3.1 Introduction

      3.3.2 Industry Overview

  3.4 Porter’s Five Forces Analysis

      3.4.1 Threat Of New Entrants

      3.4.2 Threat Of Substitutes

      3.4.3 Buyer’s Power

      3.4.4 Supplier’s Power

      3.4.5 Degree Of Competition

 

4 Drilling Fluid & Completion Fluid-Latin America  Market By Types

  4.1 Introduction

  4.2 Latin America Drilling And Completion Fluids By Type

  4.3 Latin America Water Based System Market

  4.4 Latin America Oil Based System Market

  4.5 Latin America Synthetic  Based System Market

  4.6 Latin America Other System Market

  4.7 Support Tables

      4.7.1 Introduction

 

5 Drilling Fluid & Completion Fluid Market By Geography

  5.1 Introduction

  5.2 Latin America Drilling And Completion Fluids By Geography

  5.3 Mexico Drilling And Completion Fluids Market

  5.4 Brazil Drilling And Completion Fluids Market

  5.5 Venezuela Drilling And Completion Fluids Market

  5.6 Argentina Drilling And Completion Fluids Market

  5.7 Other Countries Drilling And Completion Fluids Market

 

6 Drilling Fluid & Completion Fluid Market By Application

  6.1 Introduction

  6.2 Drilling And Completion Fluids Application Market

  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 Fluid & Completion Fluid : Competitive Landscape

  7.1 Latin America : Major Players

  7.2 Developments: Latin America Region, By Companies

 

8 Company Profile

  8.1 M-I Swaco

      8.1.1 Introduction

      8.1.2 Products & Services

  8.2 Halliburton Co.

      8.2.1 Introduction

      8.2.2 Products & Services

      8.2.3 Financials

  8.3 Baker Huges Inc

      8.3.1 Introduction

      8.3.2 Products & Services

      8.3.3 Financials

  8.4 New Park Resources Inc.

      8.4.1 Introduction

      8.4.2 Products & Services

      8.4.3 Financials

 

9 Drilling Fluids & Completeion Fluids: Macroeconomic Indicators

  9.1 Introduction

 

10 Drilling & Completion Fluids By Technology

   10.1 Introduction

   10.2 Overview

   10.3 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

 

1 Global Drilling Activities, By Geography, 2011 – 2012 (Million Feet)
2 Onshore Drilling Activities, By Geography (Million Feet) 2011 – 2012
3 Offshore Drilling Activities, By Geography (Million Feet) 2011 – 2012
4 Classification Of Drilling And Completion Fluids Base
5 Drilling And Completion Fluids-Latin America Market Values, By Types, 2012 – 2018 ($  Million)
6 Latin America Water Based Systems Market, By Country, 2012-2018 ($Million)
7 Latin America Oil Based Systems Market By Country, 2012-2018($Million)
8 Latin America Synthetic Based Systems Market By Country, 2011-2018($Million)
9 Latin America Others Based Systems Market By Country, 2011-2018($Million)
10 Composition Of Water-Based Drilling Fluids  
11 Composition Of Oil & Synthetic-Based Drilling Fluids  
12 Functions Of Drilling And Completion Fluids  
13 Drilling And Completion Fluids –Latin America Market Values,  By Geography, 2012 –  2018 ($ Million)
14 Drilling And Completion Fluids –Mexico  Market Values, By Types, 2012 - 2018($  Million)
15 Drilling And Completion Fluids –Brazil Market Values, By Types, 2012 - 2018($  Million)
16 Drilling And Completion Fluids –Venezuela Market Values, By Types, 2013 - 2018($  Million)
17 Drilling And Completion Fluids -Argentina Market Values, By Types, 2012 - 2018($  Million)
18 Drilling And Completion Fluids -Others Market Values, By Types, 2012 - 2018($  Million)
19 Drilling And Completion Fluids – Latin America Market Values, By Application, 2012 –  2018 ($ Million)
20 Technically Recoverable Shale Oil Reserves, By Major Countries, (Billion Bbl)
21 Technically Recoverable Shale Gas Reserves, By Major Countries, (Tcf)
22 Governmental Drilling And Completion Fluids Discharge Regulations, By Countries  
23 Demand Of Crude Oil, By Geography, 2007 - 2012 (‘000 Bbl/Day)
24 Percentage Change In Crude Oil Consumption, By Geography,2009 – 2012  
25 Supply Of Crude Oil, By Geography, 2007 – 2012 (‘000 Bbl/Day)
26 Percentage Change In Crude Oil Production, By Regions, 2009 – 2012  
27 Demand Of Natural Gas, By Geography, 2007 – 2012 (Bcm)
28 Percentage Change In Natural Gas Consumption, By Geography,2009 – 2012  
29 Supply Of Natural Gas, By Geography, 2007 – 2012 (Bcm)
30 Change In Natural Gas Production, By Geography, 2009 – 2012  
31 Total Offshore Wells Drilled, 2011 – 2012  
32 Developments: Latin America Region, By Companies  
33 M-I Swaco: Products & Services  
34 Halliburton: Products & Services  
35 Halliburton: Financials  
36 Baker Hughes: Products & Services  
37 Baker Hughes: Financials  
38 New Park Resources Inc. : Products & Services  
39 New Park Resources Inc. : Financials  
40 Macro Indicator Drilled Footage (Million Feet)
41 Composition Of Water-Based Drilling Fluids  
42 Composition Of Oil & Synthetic-Based Drilling Fluids  

 

List of Figures

 

1 Market Segmentation
2  Drilling Fluids And Completion Fluids Services-Latin America Ecosystem  
3  Porter’s Five Forces Analysis  
4  Top Growing Drilling Fluids And Completion Fluids -Latin America  Market, By Services, 2013 – 2018 
6  Market Share: 2013  
7  Market Share: 2018  
8  Halliburton Co.: Ecosystems  
9  Baker Hughes Inc.: Ecosystem