Drilling fluids companies supply the drilling industry with various fluids and additives used during drilling operations. These fluids, often called muds, are essential for cooling, lubricating, and maintaining wellbore stability during oil and gas drilling. These companies play a crucial role in the success of drilling projects.
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
September 2023 – Halliburton Company in September 2023 announced the launch of a nanocomposite suspension that boosts wellbore stability, the BaraFLC® Nano-1 wellbore sealant. The latest sealant operates along with the company's present tradition and high-performance water-based fluid systems to produce a more secure, tighter seal, lowering fluid loss into the formation. Halliburton's BaraFLC Nano-1 sealant utilizes nanoparticles to lower communication between reactive shale formations and filtrate, restricting pore pressure transfer. This assists in empowering wellbore integrity that can expand efficiency and drilling time. In several regions across the globe, the company's consumers need high-performance water-based fluid systems to enhance the significance of their wellbore. The firm has built nanotechnology, resulting in a small change in comparison with the traditional sealants and beating the performance of oil-based fluids. BaraFLC Nano-1 sealant, Sold as a liquid, lowers airborne dust and bag waste. It is available in ready-to-inject form and mixed with water-based fluids, which can lower non-productive time. Halliburton is basically believed to be one of the biggest supplier suppliers of services and products to the energy industry. Established in the early 20th century, the company is known to manufacture innovative services, products, and technologies, helping consumers enhance their value throughout the life cycle of a resource and proceed to a sustainable energy future.
Top listed global companies in the industry are:
Drilling Fluids Market Highlights:
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