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Drilling Fluids Procurement Research Report | Published: May 2014

Helping businesses make better purchasing decisions, faster

Drilling Fluids: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Drilling Fluids Procurement Research Report provides the latest price data and the factors underpinning price movements, such as input costs and external demand drivers. The report identifies the leading suppliers of Drilling Fluids and offers a strategic analysis of the key factors influencing the way the procurement market works. Data forecasts also accompany our analysis so your company can make purchasing decisions with confidence.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Drilling Fluids - Recent Price Trend

Over the three years to 2014, the average price of drilling fluids is estimated to increase at an annualized rate of 0.5%, while experiencing a moderate level of volatility. The level of volatility in prices negatively affects buyers because it indicates a moderate risk in facing price fluctuations. As such, the ability to develop accurate cost estimations and budgets is expected to become... purchase to read more

Drilling Fluids - Total Cost of Ownership

When purchasing drilling fluids, buyers should expect additional costs to be high. Suppliers typically sell drilling fluids as a dry mixture and the buyer is responsible for adding the base liquid. The least expensive base liquid to use is water. Drilling fluids can also use oil and synthetic oil as a base liquid, but at a higher cost. Drilling fluids must be mixed correctly and managed... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of drilling fluids, commonly known as drilling mud. These fluids are used to assist in drilling boreholes by maintaining wellbore stability, suspending drill cuttings and cooling and lubricating the drill bit. Drilling fluids are used when drilling for natural gas and oil, mining and drilling water wells. Drilling fluids can be classified as water-based muds, gaseous drilling fluid and nonaqueous muds. This report excludes drilling services and other equipment involved in the drilling process.



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