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Drilling Fluids Procurement Research Report | Published: Jan 2017

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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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Drilling Fluids procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Drilling Fluids, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
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... 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, 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.

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