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Drilling Fluid Additives – Enhancing Drilling Efficiency in a Cost-effective and Environment-friendly Way

Drilling Fluid Additives Market

Drilling fluids are fluids that are extensively used during the drilling of oil and gas wells and provide primary well control of subsurface pressures by combining density and any additional pressure that act on fluid columns. Drilling fluids are also known by a number of names such as mud or drilling mud – which can be used interchangeably. Drilling fluids play a major role in the successful drilling program and can range from simply water or oil to compressed air and pneumatic fluids.

Petroleum drilling is the major step in the success of oil and gas exploration. The main objective of drilling is to reach the target in a safe and time- and cost-effective manner with required additional sampling and evaluation constraints that are based on particular applications. Drilling fluids are circulated through an oil well to remove cuttings from a wellbore. Drilling fluid technology has advanced over the recent years owing to increasing demand for severe conditions such as high temperature and pressure, tight gas and shale-gas reservoir, rising restrictions on oil-based systems, and growing technical demands such as lubricity requirements in air drilling. Drilling fluid additives are more in demand due to increasing focus on development of new oilfield wells and restoration of closed wells. According to Reports and Data, the global drilling fluid additives market size is expected to reach USD 1.97 billion in 2027 at a CAGR of 2.3% during the forecast period.

We Have Recent Updates of Drilling Fluid Additives Market in Sample Copy

Top Key Players:

Akzo Nobel, BAFF SE, Chevron Phillips, Innospec Inc., Dow Chemical, Tetra Technologies, Baroid Industrial Drilling Products, Omnova Solutions Inc., Lubrizol Corporation Ltd., and Croda International PLC, among others.

Major additives used in Drilling Process

Weighting agents – Barite is the mostly commonly used weighting material. It is extensively used to increase mud density to balance pressure that is generated between wellbore and formation when drilling in pressurized areas. Other weighting agents include calcium carbonate, hamtite, siderite, and galena, among others.

Dilution – In dilution, base fluid is added to the drilling mud to reduce concentration of solids, which plays a crucial role during drilling of new holes wherein mud properties need to be maintained. Dilution volume is often added to maintain a stable hole environment that maintains integrity of holes, regulates reactive shale, and optimizes mud system to efficiently deal with contaminants.

Shale inhibitors – Shale inhibitors, as the name suggests, inhibits reactive shales when they come in contact with water and minimize the ability of water to hydrate the shale which in turn helps in stabilization of wellbore formation.

pH Control Agents – Drilling fluid additives are specifically designed to function in the alkaline pH range of 8.5 to 10. Alkalinity enables additives to become highly soluble and easily disperse in the well. pH levels can be adjusted by addition of specific additives to water. Most commonly used additives include caustic soda and potassium hydroxide.

Other commonly used additives include biocides, surfactants, corrosion inhibitors, thinners or dispersants, and lost circulation materials, among others.

Download Report Summary Of Drilling Fluid Additives Market Outlook

Type Outlook

  • Oil-Based
  • Water-Based
  • Synthetic-based

Application Outlook

  • Flocculants
  • Corrosion Inhibitors
  • Dispersants
  • Biocides
  • Surface Modifiers
  • Defoamers
  • Others

Distribution Channel Outlook

  • Online
  • Offline

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