Reportlinker Adds US Oilfield Chemicals Market

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NEW YORK-(Business Wire)-September 24, 2009 - Reportlinker.com announces that a new market research report is available in its catalogue.

Reportlinker Adds US Oilfield Chemicals Market

http://www.reportlinker.com/p0151108/Reportlinker-Adds-US-Oilfield-Chemicals-Market.html

Recovery expected for US oilfield chemicals by 2013

Demand for oilfield chemicals in the US is expected to surpass $10 billion in 2013. The market is currently in the midst of a slump, the result of declining oilfield activity brought on by precipitous drops in oil and natural gas pricing and weakness in the global economy. However, oil prices are expected to recover fairly quickly, reigniting rig activity and boosting demand for drilling fluids, stimulation chemicals and other product types. While natural gas prices are expected to rebound more slowly, the oilfield chemical market is projected to spring out of the 2009-2010 trough and once again register healthy gains.

Challenges abound for domestic producers

The era of easy oil production in the US has been gone for decades. Since 1970, domestic crude oil output has generally fallen due to depleting reservoirs, environmental restrictions and a lack of investment. The natural gas situation is more critical. With limited ability to import natural gas, the country will remain reliant on maintaining production levels from an increasingly mature resource base. Although improved technologies have boosted initial well flows, they have also substantially accelerated depletion rates, forcing producers to drill more wells just to keep natural gas output at existing levels. In both the oil and gas sectors, these limitations are driving producers toward higher-cost projects in difficult operating environments, such as the deepwater fields of the Gulf of Mexico and unconventional coalbed methane and shale fields.

Oilfield chemicals instrumental in addressing these challenges

Overcoming these significant difficulties will require continued high levels of oilfield activity. Even with the sharp decline in US oilfield activity through the first half of 2009, the US accounts for about half of the global rig count, despite producing less than ten percent of the world’s oil and less than 20 percent of the world’s natural gas. As the global economy recovers from the current downturn, oil and gas demand rebounds and prices begin to climb again, oilfield activity will similarly rebound. The rebound in rig counts, the continued growth of well stimulation techniques and the ongoing push into deepwater drilling and production will provide a wide range of opportunities for the suppliers of both formulated oilfield chemicals and their raw materials. The fastest among these gains for formulated products will be from stimulation chemicals. Such increases will also drive gains for the raw materials such as barite, surfactants and polymers needed to formulate all oilfield chemicals, although drilling fluids will lag the overall average for much of the forecast period.

Study coverage

Oilfield Chemicals, a new study available assesses the upstream environment of the US oil and gas industry, including projections assessing future levels of oilfield activity and the affects of emerging trends. This study provides historical data as well as forecasts (2013 and 2018) for formulated products and for raw materials. The study also evaluates company market share and profiles 42 oilfield chemical suppliers.

TABLE OF CONTENTS

INTRODUCTION ix

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Macroeconomic Environment 5

Petroleum & Natural Gas Outlook 10

Natural Gas 12

Exploration & Reserves 14

Production 16

Drilling 21

Pricing 23

Petroleum 25

Exploration & Reserves 27

Production 29

Drilling 33

Pricing 35

Oilfield Services Outlook 38

Enhanced Oil Recovery 41

Historical Market Trends 43

Raw Material Pricing Trends 47

Formulated Product Pricing Trends 48

Environmental & Regulatory Considerations 50

Foreign Trade 53

International Environment 54

World Oil & Gas Reserves 55

Petroleum 56

Natural Gas 57

World Oil & Gas Production 60

World Oilfield Chemicals Outlook 61

III. TECHNOLOGY 64

General 64

Well Drilling 65

Directional Drilling 66

Horizontal Drilling 67

Expandable Technologies 69

Coiled Tubing Drilling 70

Dual-Gradient Drilling 71

Other Drilling Technologies 72

Drilling Fluids 73

Well Completion & Workover 75

Coal Bed Methane 78

Well Stimulation 79

Hydraulic Fracturing 79

Acidizing 82

Types 82

Uses 83

Retardation of Acid Reactions 85

Fracture Acidizing 86

Other Well Stimulation Techniques & Technology 87

Well Stimulation Fluids 89

Foamed Fracturing Fluids 92

Acidizing Fluids 93

Foamed Acidizing Fluids 93

Enhanced Oil Recovery 94

Thermal Recovery 95

Gas Recovery 95

Chemical Recovery 96

Other EOR Methods 97

Other Oilfield Technologies 98

IV. OILFIELD CHEMICAL PRODUCTS 100

General 100

Stimulation Chemicals 103

Drilling Fluids 106

Product Characteristics 108

Demand by Type 110

Water-Based 113

Synthetic-Based 114

Oil-Based 115

Demand by Location 116

Market Share 119

Production Chemicals 121

Demulsifiers & Related Products 124

Corrosion & Scale Inhibitors 126

Lubricants 128

Asphaltene & Paraffin Inhibitors 130

Biocides 132

Defoamers 134

Other 135

Market Share 137

Cementing Chemicals 139

Completion & Workover Fluids 141

Product Characteristics 142

Market Share 143

EOR Products 146

V. OILFIELD CHEMICAL RAW MATERIALS 150

General 150

Commodity Chemicals 152

Cement 155

Barite 159

Bromine Compounds 162

Acids 164

Calcium Chloride 166

Clays 168

Other Commodity Chemicals 170

Specialty Chemicals 172

Surfactants 174

Other Specialty Chemicals 177

Polymers 180

Cellulose Polymers 183

Natural Gums 185

Guar Gum 187

Xanthan Gum 188

Other Gums 189

Polyacrylamides 189

Other Polymers 191

Gases 193

Nitrogen 195

Carbon Dioxide 197

Other Raw Materials 200

VI. INDUSTRY STRUCTURE 204

General 204

Market Share 208

Formulated Product Market Share 209

M-I SWACO 210

Baker Hughes 211

Halliburton 211

Other Leaders 211

Raw Material Market Share 212

Industry Restructuring 214

Cooperative Agreements 216

Marketing & Distribution 217

Research & Development 220

Competitive Strategies 222

Company Profiles 225

Air Products and Chemicals Incorporated 226

Akzo Nobel NV 228

Albemarle Corporation 230

Alco Chemical, see Akzo Nobel

AMCOL International Corporation 232

American Colloid Company, see AMCOL International

Ashland Incorporated 234

Baker Hughes Incorporated 237

BASF SE 242

BJ Services Company 244

Capitol Aggregates Limited 247

CEMEX SAB de CV 248

Champion Technologies Incorporated 249

Chemtura Corporation 251

Chevron Phillips Chemical Company LLC 252

Clariant International Limited 254

Cognis Deutschland GmbH & Company KG 256

Croda International plc 257

Dow Chemical Company 259

DuPont (EI) de Nemours 262

Elementis plc 263

Emery Oleochemicals Group 265

Enerchem International Incorporated 266

Excalibar Minerals Incorporated, see Newpark Resources

GEO Drilling Fluids Incorporated 267

Halliburton Company 268

International Specialty Products Incorporated 272

Israel Chemicals Limited 273

Kemira Oyj 275

Kinder Morgan Energy Partners LP 276

Koch Industries Incorporated 278

Lafarge SA 279

Lubrizol Corporation 281

M-I SWACO LLC, see Schlumberger and Smith

International

Messina Incorporated 282

Nalco Holding Company 284

Newpark Resources Incorporated 286

Patterson-UTI Energy Incorporated 288

Praxair Incorporated 290

Rhodia SA 291

Roemex Limited 293

Schlumberger Limited 294

Smith International Incorporated 296

TETRA Technologies Incorporated 300

Texas Industries Incorporated 302

Weatherford International Limited 304

Other Companies Involved in the Oilfield Chemicals Industry 306

LIST OF TABLES

SECTION I — EXECUTIVE SUMMARY

Summary Table 3

SECTION II — MARKET ENVIRONMENT

1 Macroeconomic Indicators 10

2 US Oil & Natural Gas Production 12

3 US Natural Gas Supply & Demand 14

4 Natural Gas Drilling Indicators 22

5 US Petroleum Supply & Demand 27

6 Petroleum Drilling Indicators 34

7 Oilfield Services Indicators 40

8 US Enhanced Oil Recovery Outlook 43

9 Oilfield Chemical Market, 1998-2008 45

10 Prices for Selected Oilfield Chemical Raw Materials 48

11 Prices for Selected Oilfield Chemical Products 49

12 Petroleum Reserves by Country, 2008 57

13 Natural Gas Reserves by Country, 2008 59

14 World Oil & Gas Production 61

SECTION IV — OILFIELD CHEMICAL PRODUCTS

1 Formulated Oilfield Chemical Demand by Type 102

15 Oilfield Stimulation Chemical Demand 106

16 Drilling Fluids Demand 108

17 Selected Drilling Fluid Additives & Their Functions 110

18 Drilling Fluid Demand by Type 111

19 Water-Based Drilling Fluid Demand 114

20 Synthetic-Based Drilling Fluid Demand 115

21 Oil-Based Drilling Fluid Demand 116

22 Drilling Fluid Demand by Location 119

23 Oilfield Production Chemical Demand by Type 123

24 Demulsifier & Related Product Demand in Oilfield Applications 126

25 Corrosion & Scale Inhibitor Demand in Oilfield

Applications 128

26 Lubricant Demand in Oilfield Applications 130

27 Asphaltene & Paraffin Inhibitor Demand in Oilfield Applications 132

28 Biocide Demand in Oilfield Applications 133

29 Defoamer Demand in Oilfield Applications 135

30 Other Oilfield Production Chemicals Demand 137

31 Oilfield Cementing Chemicals Demand 141

32 Completion & Workover Fluids Demand 142

33 Enhanced Oil Recovery (EOR) Products Demand 149

SECTION V — OILFIELD CHEMICAL RAW MATERIALS

34 Oilfield Chemical Raw Material Demand by Type 151

35 Commodity Chemical Demand in Oilfield Applications 154

36 Cement Demand in Oilfield Applications 159

37 Barite Demand in Oilfield Applications 162

38 Bromine Compound Demand in Oilfield Applications 164

39 Acids Demand in Oilfield Applications 166

40 Calcium Chloride Demand in Oilfield Applications 168

41 Clay Demand in Oilfield Applications 170

42 Other Commodity Chemical Demand in Oilfield Applications 172

43 Specialty Chemical Demand in Oilfield Applications 174

44 Surfactant Demand in Oilfield Applications 177

45 Other Specialty Chemical Demand in Oilfield Applications 180

46 Polymer Demand in Oilfield Applications 182

47 Cellulose Polymer Demand in Oilfield Chemical Applications 185

48 Natural Gum Demand in Oilfield Applications 187

49 Polyacrylamide Demand in Oilfield Applications 191

50 Other Polymer Demand in Oilfield Applications 193

51 Gases Demand in Oilfield Applications 195

52 Nitrogen Demand in Oilfield Applications 197

53 Merchant Carbon Dioxide Demand in Oilfield Applications 200

54 Other Raw Material Demand in Oilfield Applications 203

SECTION III — INDUSTRY STRUCTURE

1 US Oilfield Chemical Sales by Company, 2008 206

2 Selected Acquisitions & Divestitures 216

3 Research & Development Expenditures for Selected Oilfield Chemical Firms 222

SECTION II — MARKET ENVIRONMENT

1 US Natural Gas Reserves, 1998-2008 16

2 Natural Gas Production, 1998-2008 18

3 Natural Gas Producing States, 2008 1

4 Natural Gas Drilling Indicators, 1998-2008 22

5 Natural Gas Wellhead Prices, 1998-2008 24

6 Natural Gas Pricing & Crude Oil Pricing, 1998-2008 25

7 US Petroleum Reserves, 1998-2008 29

8 US Petroleum Production, 1998-2008 30

9 Crude Oil Producing States, 2008 1

10 Petroleum Drilling Indicators, 1998-2008 35

11 Petroleum Prices, 1998-2008 38

12 Oilfield Chemical Market, 1998-2008: Formulated Product Demand & Oil & Gas Production 46

13 Oilfield Chemical Market, 1998-2008: Formulated Product Demand, Oil Prices, Gas Prices & Active Rig Count 46

SECTION IV — OILFIELD CHEMICAL PRODUCTS

14 Formulated Oilfield Chemical Demand by Type, 2008 103

15 Drilling Fluid Demand by Type: Value & Volume 112

16 Drilling Fluid Market Share, 2008 121

17 Oilfield Production Chemical Demand by Type, 2008 124

18 US Production Chemical Market Share 139

19 US Completion & Workover Fluid Market Share, 2008 146

SECTION II — OILFIELD CHEMICAL RAW MATERIALS

1 Oilfield Chemical Raw Material Demand by Type, 2008 152

2 Commodity Chemical Demand in Oilfield Applications, 2008 155

SECTION III — INDUSTRY STRUCTURE

1 US Formulated Oilfield Chemical Market Share 210

2 Oilfield Chemical Raw Material Market Share 214

To order this report:

Reportlinker Adds US Oilfield Chemicals Market

http://www.reportlinker.com/p0151108/Reportlinker-Adds-US-Oilfield-Chemicals-Market.html

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