cancel

We recently changed our name from IBISWorld. Learn more

Overview

ProcurementIQ’s Drilling Fluids Procurement Research Report is a comprehensive guide to purchasing Drilling Fluids. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.
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 2018, the average price of drilling fluids has been rising at an estimated annualized rate of 1.8% 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 production index.

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.

Get this report for free.
Call us now

1-888-878-9429

FREE for eligible customers

Download a sample report

Or Request a Demo to find out how other pocurement
departments are using Marketing Intelligence

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

Inquire about a corporate membership today

Want to speak to a representative? Call us.

clear