Based on type, water based drilling fluid
accounted for the largest market share of 55.90% in 2016, with a market value of USD 4,706.6 Million and is projected to grow at the highest CAGR of 7.52% during the forecast period.
(NASDAQ: CLMT) has finalised the sale of Oklahoma, US-based Anchor Drilling Fluids
USA, LLC to Texas, US-based international oilfield services company Q'Max America Inc., the company said.
However, for this type of reservoir rocks, it remains unknown that the proportion of permeability damage due to either the drilling fluid
or the fracturing fluid and its change with the width of natural fractures.
At present, the drilling fluid
systems used in China's oil fields are usually polymer drilling fluid
, polysulfonate drilling fluid
, KCl film-forming drilling fluid
, KCl anti-high temperature drilling fluid
, and so on.
Washington, DC, October 21, 2016 --(PR.com)-- According to a TechSci Research report "Global Drilling Fluids
Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2011 - 2021," the global market for drilling fluids
is forecast to grow at a CAGR of over 8% during 2016-2021, on account of forecasted rebound in oil & gas prices, and drilling activities across the globe, especially in North America and Asia-Pacific.
SUPER GEL-X: A 200-bbl yield bentonite drilling fluid
for maximum viscosity.
Bentonite, mainly containing montmorillonite, is used in the oil drilling industry as a basic component of drilling fluid
, making the drilling fluid
viscous, which helps in keeping the drill bit cool and removing drilled solids.
CGA drilling fluid
system is a relatively new approach in oil drilling and completion operations especially in depleted reservoirs which have low pore pressure.
The firm's three-step service works to optimise the performance of drilling fluid
systems in order to eliminate surface spills and cut operators'costs.
Turbodrill blade converts the hydraulic power provided by the drilling fluid
to mechanical power through turbine motor while diverting the fluid flow through the stator vanes to the rotor vanes.
filtrations were measured according to American Petroleum Institute (API) specifications and Chinese SY/T5621-93.
During a standard underbalanced drilling operation, lots of indispensable parameters can be recorded by the compound logging and other measuring equipment, such as the density and rheology of the drilling fluid
, well depth, penetration rate, pump pressure, outlet rates, trajectory of the well, and wellbore diameter.