(EnergyIndustry.Net, September 25, 2017 ) Drilling fluids are primarily composed of bentonite that is mixed in a certain concentration with water or oil, mainly serves the purpose of lubrication and cooling of the drill bit and drill string and transporting the drill cuttings to the surface. Completion fluids are used during well completions in activities such as hydraulic fracturing and well stimulation.
Publisher's analysts forecast the global drilling and completion fluids market to grow at a CAGR of 6.58% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-drilling-and-completion-fluids-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global drilling and completion fluids market for 2017-2021. To calculate the market size, the report considers the new sales value of drilling and completion fluids used in an oil well and exclude aftermarket and retrofit markets.
The market is divided into the following segments based on geography: -Americas -APAC -EMEA
Publisher's report, Global Drilling and Completion Fluids Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -General Electric -Halliburton -Schlumberger -TETRA Technologies -Weatherford