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Drilling Fluids Procurement Research Report | Published: May 2015

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 Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Drilling Fluids procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 15-18
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 18-21
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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