Overview

IBISWorld’s Drilling Fluids Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Drilling Fluids.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Drilling Fluids - Recent Price Trend

In the three years to 2017, the average price of drilling fluids has been falling marginally at an estimated annualized rate of 0.6% with a moderate level of volatility. As a result, buyers have been somewhat challenged in their ability to develop accurate cost estimations and budgets.In the past three years, the strongest driver boosting demand for drilling fluids has been the oil and gas...

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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...

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About this Report

This report is intended to assist buyers of drilling fluids, also known as drilling mud. Drilling 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.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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