Thursday, January 23, 2025
Oil Service

Use of Water-Based Drilling Fluids on the Rise: Report

Drilling Fluids Market Dips to $8 Billion in ’15, but Rise of WBF and Foam-based Muds are Coming on Strong thanks to Environmental Regulations The global drilling fluids market size was valued at USD 7.98 billion in 2015, a slump from the previous year due to declining oil industry activity, San Francisco’s Grand View Research said in a new report. No surprises