Global Drilling Fluids Procurement Market Intelligence Report 2018 Featuring Schlumberger, Halliburton, Baker Hughes, NOV & Newpark Resources – ResearchAndMarkets.com

The "Global
Drilling Fluids Category - Procurement Market Intelligence Report"
report has been added to ResearchAndMarkets.com's
offering.

Global Drilling Fluids Market, provides up-to-date information about
market shifts and potential risks, as well as in-depth knowledge of
products and services, which can help in planning and in executing
category management activities. It focuses on the cost-saving aspects of
procurement and on providing insights that can lead to optimization of
category spend.

In geotechnical engineering, drilling fluids, also called drilling mud,
are substances that are often used in wellbores during the oil and
natural gas drilling process. The functions of drilling fluids include
pressure control in the wellbore, cooling and lubricating the drill
string and drill bit, suspending drill cuttings and transporting them to
the surface for removal, and supporting and stabilizing the wellbore
walls. Additionally, a rise in demand for oil and gas can be observed
worldwide, driven by factors such as a growth in population and
industrialization. This is expected to drive the E&P market globally,
which will subsequently lead to increased demand for drilling fluids.

The report provides actionable insights to improve source-to-contract
cycle performance in the Global Drilling Fluids Market. It helps
sourcing professionals formulate better category strategies, enhance
savings, understand supplier and market challenges, and implement
sourcing best practices.

Market Dynamics

Category driver

• Relaxation of restrictions by the US on crude oil exports

Category constraints

• The limited availability of associated systems for drilling fluid
  circulation

Procurement best practices

• To engage with suppliers that offer drilling fluids that are compliant
  with regulations

Key Topics Covered:

Part 1: Category At A Glance

Part 2: Scope Of The Report

Part 3: Market Insights

Part 4: Supply Market Insights

Part 5: Pricing Insights

Part 6: Procurement Insights

Part 7: Top Five Suppliers

• Schlumberger
• Halliburton
• Baker Hughes
• NOV
• Newpark Resources

For more information about this report visit https://www.researchandmarkets.com/research/nzvm4g/global_drilling?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006184/en/

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