| Abstract: | This report discusses US oilfield chemical demand for the years 2003 and 2008, with forecasts for 2013. Topics covered include market size, product segmentation, oilfield technology, environmental and regulatory issues, oil and gas outlook, market environment, product forecasts, industry composition and leading participants. Product segments cover stimulation chemicals, drilling fluids and EOR products, production and cementing chemicals, completion and workover fluids. This 17 page report also includes a highlights summary and a resources section.
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| Brief Excerpt: | ...Oilfield chemical demand in the US is projected to increase 5.4 percent per year between 2004 and 2009 to $5.2 billion. Demand will benefit from high energy prices that are forecast to support high levels of oilfield drilling, stimulation and enhanced oil recovery (EOR) activities as producers maximize output from ex isting wells and develop new ones. lars) that generally reduce the volumes of oilfield chemicals needed. nd will ths and an boosted by the consumption of these ma terials to formulate the increasing rough Demand will benefit from the in creasing implementation of gas injection EOR g suppliers of formula ted oilfield chemicals to the US -- M-I SWACO, Baker Hughes and Halliburt on -- accounted for 35 percent of the total market. Through 2009, gains will be restrained by declining crude production, stagnant gas output and technological improvements (e.g., slimhole drilling and expanding t ubuDrilling fluids is expected to rema in the leading...
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| Industry: | Chemicals
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| SIC: | 1389, 2819, 2869, 2899
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| NAICS: | 213112, 325188, 325199, 325998
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| Company(ies): | Baker Hughes Incorporated, Halliburton Company, M-I SWACO LLC, Nalco Company, Newpark Resources Incorporated, Schlumberger Limited, TETRA Technologies Incorporated, Weatherford International Limited
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| Ticker(s): | BHI, HAL, NLC, NR, SLB, TTI, WFT
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| Country(ies): | United States, US
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| Free Sample: |
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| Format: | | PDF |  |
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