North America Drilling Fluid & Completion Fluid Market is Expected to Reach $7,849 million in 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• North America Drilling Fluid Completion Fluid
  Market

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The global water-based drilling completion
fluids market report defines and segments the
concerned market with analysis and forecast of
revenue. The market is estimated to grow from
6,394.7 million in 2013 to 9,311.6 million by
2018, at a CAGR of 7.8 from 2013 to 2018.
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Water-based drilling fluids have fresh water,
salt water or salt brine as the base fluid mixed
with clay emulsions, natural suspensions, and
hydro gels. Water-based drilling fluids are the
most widely used systems, and are considered less
expensive than oil-based fluids or
synthetic-based fluids. Water-based drilling
fluids can deliver cost-effective performance
with minimal environmental impact.
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Browse through the TOC of the global water-based
drilling completion fluids market report, to
get an idea of the in-depth analysis provided..
http//www.micromarketmonitor.com/market/north-a
merica-drilling-fluid-completion-fluid-2200133703.
html

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• Continuous rise in deep water drilling activities
  and increased oil production, along with
  technological developments are driving the
  market. Technological developments have enabled
  the exploration activities to be carried out for
  unconventional resources, such as shale gas and
  coal bed methane. These explorations require
  sophisticated technologies, such as multistage
  hydraulic fracturing of horizontal wells.

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