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Drilling Fluids Procurement Research Report | Published: Nov 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 is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Drilling Fluids to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
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 has been increasing at an estimated annualized rate of 0.5%, while experiencing a moderate level of volatility. The level of volatility in prices negatively affects buyers because it indicates moderate risk of price fluctuations. As such, buyers' ability to develop accurate cost estimations and budgets has been slightly... 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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