November 8, 2016 - 3:03 PM EST
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South & Central America $2.02 Billion Drilling and Completion Fluids Market Outlook, 2020 - Research and Markets

Research and Markets has announced the addition of the "South & Central America Drilling and Completion Fluids Market Outlook - Market Analysis by Geography, Fluid Type, Deployment (Onshore & Offshore), Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)" report to their offering.

The South & Central America drilling and completion fluids market is expected to reach $2.02 billion by 2020, up from $1.19 billion in 2013.

Drilling and completion fluids play an essential part in upstream oil and gas activities. They are used to aid drilling boreholes into the earth. Completion fluids will be used in completion operations of oil and natural gas wells.

The fluid is placed in the well to facilitate final operations prior to initiation of production, such as setting screen production liners, packers, downhole valves or shooting perforations into the producing zone. Completion fluids are typically brines (chlorides, bromides and formates), but in theory could be any fluid of proper density and flow characteristics.

Factors such as shale boom in a few regions, increasing offshore drilling activity across the world, and the quest for finding potential untapped oil and gas reserves are driving the market growth for the drilling and completion fluids market. On the flip side, political instability and initial cost of investment are some factors restraining the market from growth and have been explained in this report in detail. North America is expected to lead the market in the coming years.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview

4. Drivers, Constraints & Opportunities

5. North America Drilling and Completion Fluids Market Analysis, by Application Areas

6. North America Drilling and Completion Fluids Market Analysis, by Fluid Type

7. North America Drilling and Completion Fluids Market Analysis, by Geography

8. Competition

9. Key Company Analysis

  • Anchor Drilling Fluids Inc.
  • Chevron Phillips Chemical Company LLC
  • Geo Drilling Fluids Inc.
  • Hitech Drilling Fluids Ltd.
  • National Oilwell Varco Inc.
  • Tetra Technologies Inc.
  • Canadian Energy Services
  • Global Drilling Fluids & Chemicals Ltd.
  • Baker Hughes Inc.
  • Halliburton Co.
  • Weatherford International Ltd.
  • Royal Dutch Shell Plc
  • Schlumberger Ltd.
  • Statoil ASA
  • BP Plc

For more information about this report visit

Research and Markets
Laura Wood, Senior Manager
[email protected]
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Related Topics: Oilfield Equipment and Services

Source: Business Wire (November 8, 2016 - 3:03 PM EST)

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