A solids-free liquid used to "complete" an oil or gas well. This fluid is placed in the well to facilitate final operations prior to initiation of production, such as setting screens production liners, packers, downhole valves or shooting perforations into the producing zone. The fluid is meant to control a well should downhole hardware fail, without damaging the producing formation or completion components. Completion fluids are typically brines (chlorides, bromides and formates), but in theory could be any fluid of proper density and flow characteristics. The fluid should be chemically compatible with the reservoir formation and fluids, and is typically filtered to a high degree to avoid introducing solids to the near-wellbore area. Seldom is a regular drilling fluid suitable for completion operations due to its solids content, pH and ionic composition. Drill-in fluids can, in some cases, be suitable for both purposes.
The technology focused on maintaining pressure on open formations (that is, exposed to the wellbore) to prevent or direct the flow of formation fluids into the wellbore. This technology encompasses the estimation of formation fluid pressures, the strength of the subsurface formations and the use of casing and mud density to offset those pressures in a predictable fashion. Also included are operational procedures to safely stop a well from flowing should an influx of formation fluid occur. To conduct well-control procedures, large valves are installed at the top of the well to enable wellsite personnel to close the well if necessary.
In 2019, the market size of Well-control Fluid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Well-control Fluid.
This report studies the global market size of Well-control Fluid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Well-control Fluid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Schlumberger
Halliburton
Dow
Nalco Champion
BASF
Baker Hughes
Chevron Phillips
CESTC
Newpark Resources
Clariant
Lubrizol
Calumet
Ashland
Kemira
CNPC
CNOOC
Market Segment by Product Type
Brine
Polymer
Market Segment by Application
Oil and Gas
Shale Gas
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Well-control Fluid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Well-control Fluid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Well-control Fluid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Well-control Fluid. Industry analysis & Market Report on Well-control Fluid is a syndicated market report, published as Global (United States, European Union and China) Well-control Fluid Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Well-control Fluid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.