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United States Onshore Drilling Fluid Market Size 2019 – Trends, Analysis Covers Leading Manufacturers, Top Regions, and Forecast to 2024

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United States Onshore Drilling Fluid Market2019-2024 report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a five-year period, from 2019 to 2024. In this United States Onshore Drilling Fluid market report, the analysts have presented important statistics which tells to the production and consumption forecast for the key areas that the United States Onshore Drilling Fluid market is considered into, production forecast by type, and consumption forecast by application. United States Onshore Drilling Fluid market shares of positive growth as investors cheered its financial results for last some years.

In United States Onshore Drilling Fluid Market Report, Following Companies Are Covered:

  • Imdex Limited
  • Horizon Mud Company Inc.
  • Aes Drilling Fluids LLC
  • Medserv PLC
  • BAKER HUGHES A GE CO.
  • Schlumberger Limited
  • Newpark Resources Inc.
  • Weatherford International PLC
  • National
  • oilwell Varco Inc.
  • Francis Drilling Fluids Ltd
  • Oleon Americas Inc. (Avril Group)
  • Q’max Solutions Inc.
  • Unique Drilling Fluids Inc.
  • Sunwest Fluids LLC
  • Mcada Drilling Fluids
  • Geo Drilling Fluids Inc.
  • Ces Energy Solutions Corp.

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    Market Overview:

  • The US onshore drilling fluid market is expected to witness a CAGR of 13.92%, over the forecast period (2019-2024).
  • – Continuous growth in demand from Permian basin is expected to drive the demand for the market during the forecast period.
  • – Drilling fluid challenges are likely to hinder the market growth.
  • – Increasing exploitation of unconventional reserves is projected to act as an opportunity for the market, in the future.<

    Scope of the Report:

  • This report studies the global United States Onshore Drilling Fluid market size, industry status and forecast, competition landscape and growth opportunity.

    United States Onshore Drilling Fluid Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Key Market Trends:

    Continuous Growth in Demand from Permian Basin

    – The Permian Basin, also known as West Texas Basin, is one of the most prolific oil and natural gas geologic basins in the United States. The basin spans West Texas and Southeastern New Mexico.
    – The Permian Basin is approximately 250 miles wide and 300 miles long, across West Texas and Southeastern New Mexico. The basin encompasses several sub-basins, including the Delaware Basin and Midland Basin.
    – Moreover, with increasing demand for unconventional resources, the activity in the Delaware Basin and Marfa Basin has revived. Currently, the number of exploring wells are increasing in the basin.
    – Additionally, it is the largest shale oil producing basin in the country, and is poised to become one of the largest crude producing regions, only next to Saudi Arabia and Russia. The major operators in the basin include Pioneer Natural Resources Company, Occidental Petroleum Corporation, Apache Corporation, CONCHO RESOURCES INC. (COG OPERATING LLC), and BHP Billiton Pet (Txla OP) CO., among others.

    Oil-based Drilling Fluids

    – Oil-based drilling fluid is a type of invert-emulsion, with oil being the continuous phase. It is mostly formulated with base oils, such as diesel oil and mineral oil. Oil-based muds have an oil/water ration ranging from 65/35 to 95/5.
    – Oil-based drilling fluids aid in lower well frictions, as compared to other types of drilling fluids. This makes them highly useful in high-depth and zones to withstand high temperature and pressure. These fluids do not interact with water-wet rocks, owing to their capillary pressure.
    – Additionally, oil-based drilling muds help in maintaining the pH levels during drilling operations, to withstand the effects of wellbore gases, such as hydrogen sulfide and carbon dioxide.
    – The high-gas solubility in oil-based muds also makes the detection of kicks more challenging, as compared to their water-based counterparts.
    – Such increasing development of shale and tight gas reserves in the country is expected to boost the usage of oil-based drilling fluids, during the forecast period.

    Reasons for Buying United States Onshore Drilling Fluid Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Detailed TOC of United States Onshore Drilling Fluid Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Low Breakeven Price and High Crude Oil Price
    4.2.2 Increasing Demand for Longer Lateral Length
    4.2.3 Continuous Growth in Demand from Permian Basin
    4.3 Market Restraints
    4.3.1 High DUC Well Count
    4.3.2 Drilling Fluid Challenges
    4.4 Value Chain/Supply Chain Analysis
    4.5 Porters Five Forces Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry
    4.6 Regulations and Policies
    4.7 Raw Materials Trends
    4.8 Technology Snapshot

    5 MARKET SEGMENTATION
    5.1 Product Type
    5.1.1 Oil-based Drilling Fluid
    5.1.2 Synthetic-based Drilling Fluid
    5.1.3 Water-based Drilling Fluid
    5.2 Basin
    5.2.1 Permian
    5.2.2 Eagle Ford
    5.2.3 Niobrara
    5.2.4 Bakken
    5.2.5 Appalachia
    5.2.6 Other Basins
    5.3 Additive Type
    5.3.1 Protective Chemicals
    5.3.2 Fluid Viscosifiers
    5.3.3 Weighting Agents
    5.3.4 Wetting Agents
    5.3.5 Lost Circulation Materials
    5.3.6 Thinners
    5.3.7 Rheology Modifiers
    5.3.8 Surfactants
    5.3.9 Alkalinity and pH Control Materials
    5.3.10 Shale Stabilizers
    5.3.11 Other Additive Types (Including Defoamers)

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Imdex Limited
    6.4.2 Horizon Mud Company Inc.
    6.4.3 Aes Drilling Fluids LLC
    6.4.4 Medserv PLC
    6.4.5 BAKER HUGHES A GE CO.
    6.4.6 Schlumberger Limited
    6.4.7 Newpark Resources Inc.
    6.4.8 Weatherford International PLC
    6.4.9 National-oilwell Varco Inc.
    6.4.10 Francis Drilling Fluids Ltd
    6.4.11 Oleon Americas Inc. (Avril Group)
    6.4.12 Q’max Solutions Inc.
    6.4.13 Unique Drilling Fluids Inc.
    6.4.14 Sunwest Fluids LLC
    6.4.15 Mcada Drilling Fluids
    6.4.16 Geo Drilling Fluids Inc.
    6.4.17 Ces Energy Solutions Corp.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Re-emergence of Austin Chalk
    7.2 Increasing Exploitation of Unconventional Reserves

     

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  • About the author

    Kaden Gilbert

    Kaden Gilbert

    I am a writer with over 10 years of experience in professional writing, six years of which as a full-time freelance writer – and two years as a full-time babysitter to my two-year-old son. With over 2,000 lifetime projects and countless positive feedbacks. My track record speaks for itself. I have worked and developed content for countless clients around the world – from startups to large corporations.