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Middle East 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 1026
  • Publish Date: 14 May 2014
  • Next Update Date: 14 Aug 2014
  
Description
Table of Contents
Customer Intelligence

The Middle East drilling and completion fluid market was valued at $560.97 million in 2013 and is forecasted to reach $738.64 million by 2018, growing at a CAGR of 5.70% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $242.3 million in 2013. The Middle Eastern region constituted nearly 5% of the global drilling and completion fluid market in 2013.

 

Increase in drilling and exploration activities form one of the key reasons for the growth of the drilling and completion fluid market in the Middle East. Major investments made for drilling in Oman and Saudi Arabia are helping to increase the number of wells drilled and thus driving the growth of the market in the region. The Middle East is one of the stable markets for drilling and completion fluids and is expected to remain so in the coming years.

 

The MMM report ‘Middle East 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 Oman, Saudi Arabia, 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, M-I SWACO, 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 Middle East 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 Approach
      1.5.2 Market Size
      1.5.3 Key Data Points Taken From Secondary Sources
      1.5.4 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 Drivers And Restrains For Drilling And Completion Fluid Market
      3.1.1 Drivers
            3.1.1.1 Highest Rise In Oil Supply
            3.1.1.2 The Highest Supplying Location In The Global Market
            3.1.1.3 Increase In The Number Of Wells Drilled
      3.1.2 Restraints:  
            3.1.2.1 Severe Regulations On The Use And Discharge Of Drilling Fluids.  
            3.1.2.2 Shortage Of Mud Engineering Professionals.  
  3.2 Support Tables.  
      3.2.1 Introduction.
      3.2.2   Industry Overview.
  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.

 

4 Middle East Drilling Fluid & Completion Fluid Market, By Types  
  4.1 Introduction
  4.2 Drilling Fluids And Completion Fluids Market, By Types
  4.3 Middle East Water Based Market, Country Analysis.
  4.4 Middle East Oil Based Systems Market, Country Analysis.  
  4.5 Middle East Synthetic Based Systems Market, Country Analysis.
  4.6 Middle East Others Based Systems Market, Country Analysis
  4.7 Support Tables.
      4.7.1   Introduction.

 

5 Middle East Drilling Fluid & Completion Fluid Market By Geography.
  5.1 Introduction.
  5.2 Market By Country.
  5.3  Oman Market, By Type.
  5.4 Saudi Arabia Market, By Type.  
  5.5 Saudi Other Market, By Type.  

 

6 Drilling And Completion Fluids Market By Application.
  6.1 Introduction.
  6.2 Drilling And Completion Fluids, By Application.
  6.3 Technological Developments And Exploration Activities For Shale Gas, Cbm    
      6.3.1.1 Impact Of Drilling Fluids On The Environment And Surrounding Eco System.
  6.4 Demand Scenario.
      6.4.1.1.1 Demand And Supply Scenario Of Natural Gas.

 

7 Drilling And Completion Fluids: Competitive Landscape.
  7.1 Developments: Middle East Region, By Companies.  

 

8 Drilling And Completion Fluids –Middle East, By Companies.
  8.1 M-I Swaco.
      8.1.1 Introduction.
      8.1.2 Products & Services.  
      8.1.3 Financials.
  8.2 Baker Hughes Inc.
      8.2.1 Introduction.
      8.2.2 Products & Services.
      8.2.3 Financials.
  8.3 Halliburton Co.  
      8.3.1 Introduction.
      8.3.2 Products & Services.
      8.3.3 Financials.

 

9 Drilling & Completion Fluids: Macroeconomic Indicators.
  9.1 Introduction.

 

10. Drilling And Completion Fluids.
    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

 

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-Middle East Market Values, By Types, 2012 - 2018($ Million)  
Table 6  Middle East Water Based Systems Market, By Country, 2012-2018($Million)  
Table 7  Middle East Oil Based Systems Market By Country, 2012-2018($Million)  
Table 8  Middle East Synthetic Based Systems Market By Country, 2012-2018($Million)  
Table 9  Middle East Others Based Systems Market By Country, 2012-2018($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  Middle East Market Values,  By Geography, 2012 – 2018 ($ Million)
Table 14  Oman Market Values, By Types, 2012 - 2018($ Million)  
Table 15  Kingdom Of Saudi Arabia Market Values, By Types, 2012 - 2018($ Million)
Table 16  Others Market Values, By Types, 2013 - 2018($ Million)  
Table 17  Middle East - Market Values, By Application, 2012 – 2018 ($ Million)  
Table 18  Technically Recoverable Shale Oil Reserves, By Major Countries, (Billion Bbl)  
Table 19  Technically Recoverable Shale Gas Reserves, By Major Countries, (Tcf)  
Table 20  Governmental Drilling And Completion Fluids Discharge Regulations, By Countries
Table 21  Demand Of Crude Oil, By Geography, 2007 - 2012 (‘000 Bbl/Day)  
Table 22  Percentage Change In Crude Oil Consumption, By Geography,2009 – 2012  
Table 23  Supply Of Crude Oil, By Geography, 2007 – 2012 (‘000 Bbl/Day)  
Table 24  Percentage Change In Crude Oil Production, By Regions, 2009 – 2012  
Table 25  Demand Of Natural Gas, By Geography, 2007 – 2012 (Bcm) 52
Table 26  Percentage Change In Natural Gas Consumption, By Geography,2009 – 2012  
Table 27  Supply Of Natural Gas, By Geography, 2007 – 2012 (Bcm)  
Table 28  Change In Natural Gas Production, By Geography, 2009 – 2012  
Table 29  Total Offshore Wells Drilled, 2011 – 2012  
Table 30  Middle East: Developments  
Table 31  M-I Swaco- Products & Services  
Table 32  M-I Swacofinancials, 2009-2013 ($Million)
Table 33  Baker Hughes Inc.: Products & Services  
Table 34  Baker Hughes Inc.: Financials, 2009-2013 ($Million)  
Table 35  Halliburton Co.: Products & Services  
Table 36  Halliburton Co.: Financials, 2009-2013 ($Million)
Table 37  Macro Indicator Drilled Footage (Million Feet)
Table 38  Composition Of Water-Based Drilling Fluids  
Table 39  Composition Of Oil & Synthetic-Based Drilling Fluids  

 

List of Figures

 

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