Oilfield Chemicals 2009

Publication Date	September 2009
Publisher	Freedonia Group
Product Type	Report
Pages	307
ISBN Number	not applicable
Product Code	FED00493

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Summary

Oilfield Chemicals to 2013

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 Freedonia study available for $4800, 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.

Content

Introduction
I. Executive Summary
II. Market Environment
- General
- Macroeconomic Environment
- Petroleum & Natural Gas Outlook
- Natural Gas
- Exploration & Reserves
- Production
- Drilling
- Pricing
- Petroleum
- Exploration & Reserves
- Production
- Drilling
- Pricing
- Oilfield Services Outlook
- Enhanced Oil Recovery
- Historical Market Trends
- Raw Material Pricing Trends
- Formulated Product Pricing Trends
- Environmental & Regulatory Considerations
- Foreign Trade
- International Environment
- World Oil & Gas Reserves
- Petroleum
- Natural Gas
- World Oil & Gas Production
- World Oilfield Chemicals Outlook
III. Technology
- General
- Well Drilling
- Directional Drilling
- Horizontal Drilling
- Expandable Technologies
- Coiled Tubing Drilling
- Dual-Gradient Drilling
- Other Drilling Technologies
- Drilling Fluids
- Well Completion & Workover
- Coal Bed Methane
- Well Stimulation
- Hydraulic Fracturing
- Acidizing
- Types
- Uses
- Retardation Of Acid Reactions
- Fracture Acidizing
- Other Well Stimulation Techniques & Technology
- Well Stimulation Fluids
- Foamed Fracturing Fluids
- Acidizing Fluids
- Foamed Acidizing Fluids
- Enhanced Oil Recovery
- Thermal Recovery
- Gas Recovery
- Chemical Recovery
- Other Eor Methods
- Other Oilfield Technologies
IV. Oilfield Chemical Products
- General
- Stimulation Chemicals
- Drilling Fluids
- Product Characteristics
- Demand By Type
- Water-Based
- Synthetic-Based
- Oil-Based
- Demand By Location
- Market Share
- Production Chemicals
- Demulsifiers & Related Products
- Corrosion & Scale Inhibitors
- Lubricants
- Asphaltene & Paraffin Inhibitors
- Biocides
- Defoamers
- Other
- Market Share
- Cementing Chemicals
- Completion & Workover Fluids
- Product Characteristics
- Market Share
- Eor Products
V. Oilfield Chemical Raw Materials
- General
- Commodity Chemicals
- Cement
- Barite
- Bromine Compounds
- Acids
- Calcium Chloride
- Clays
- Other Commodity Chemicals
- Specialty Chemicals
- Surfactants
- Other Specialty Chemicals
- Polymers
- Cellulose Polymers
- Natural Gums
- Guar Gum
- Xanthan Gum
- Other Gums
- Polyacrylamides
- Other Polymers
- Gases
- Nitrogen
- Carbon Dioxide
- Other Raw Materials
VI. Industry Structure
- General
- Market Share
- Formulated Product Market Share
- M-I Swaco
- Baker Hughes
- Halliburton
- Other Leaders
- Raw Material Market Share
- Industry Restructuring
- Cooperative Agreements
- Marketing & Distribution
- Research & Development
- Competitive Strategies
- Company Profiles
- Air Products And Chemicals Incorporated
- Akzo Nobel Nv
- Albemarle Corporation
- Alco Chemical, See Akzo Nobel
- Amcol International Corporation
- American Colloid Company, See Amcol International
- Ashland Incorporated
- Baker Hughes Incorporated
- Basf Se
- Bj Services Company
- Capitol Aggregates Limited
- Cemex Sab De Cv
- Champion Technologies Incorporated
- Chemtura Corporation
- Chevron Phillips Chemical Company Llc
- Clariant International Limited
- Cognis Deutschland Gmbh & Company Kg
- Croda International Plc
- Dow Chemical Company
- Dupont (Ei) De Nemours
- Elementis Plc
- Emery Oleochemicals Group
- Enerchem International Incorporated
- Excalibar Minerals Incorporated, See Newpark Resources
- Geo Drilling Fluids Incorporated
- Halliburton Company
- International Specialty Products Incorporated
- Israel Chemicals Limited
- Kemira Oyj
- Kinder Morgan Energy Partners Lp
- Koch Industries Incorporated
- Lafarge Sa
- Lubrizol Corporation
- M-I Swaco Llc, See Schlumberger And Smith
- International
- Messina Incorporated
- Nalco Holding Company
- Newpark Resources Incorporated
- Patterson-Uti Energy Incorporated
- Praxair Incorporated
- Rhodia Sa
- Roemex Limited
- Schlumberger Limited
- Smith International Incorporated
- Tetra Technologies Incorporated
- Texas Industries Incorporated
- Weatherford International Limited
- Other Companies Involved In The Oilfield Chemicals Industry
List Of Tables
- Section I -- Executive Summary
  - Summary Table
- Section II -- Market Environment
  - 1 Macroeconomic Indicators
  - 2 Us Oil & Natural Gas Production
  - 3 Us Natural Gas Supply & Demand
  - 4 Natural Gas Drilling Indicators
  - 5 Us Petroleum Supply & Demand
  - 6 Petroleum Drilling Indicators
  - 7 Oilfield Services Indicators
  - 8 Us Enhanced Oil Recovery Outlook
  - 9 Oilfield Chemical Market, 1998-2008
  - 10 Prices For Selected Oilfield Chemical Raw Materials
  - 11 Prices For Selected Oilfield Chemical Products
  - 12 Petroleum Reserves By Country, 2008
  - 13 Natural Gas Reserves By Country, 2008
  - 14 World Oil & Gas Production
- Section IV -- Oilfield Chemical Products
  - 1 Formulated Oilfield Chemical Demand By Type
  - 15 Oilfield Stimulation Chemical Demand
  - 16 Drilling Fluids Demand
  - 17 Selected Drilling Fluid Additives & Their Functions
  - 18 Drilling Fluid Demand By Type
  - 19 Water-Based Drilling Fluid Demand
  - 20 Synthetic-Based Drilling Fluid Demand
  - 21 Oil-Based Drilling Fluid Demand
  - 22 Drilling Fluid Demand By Location
  - 23 Oilfield Production Chemical Demand By Type
  - 24 Demulsifier & Related Product Demand In Oilfield ApplicationsApplications
  - 25 Corrosion & Scale Inhibitor Demand In Oilfield ApplicationsApplications
  - 26 Lubricant Demand In Oilfield Applications
  - 27 Asphaltene & Paraffin Inhibitor Demand In Oilfield Applications
  - 28 Biocide Demand In Oilfield Applications
  - 29 Defoamer Demand In Oilfield Applications
  - 30 Other Oilfield Production Chemicals Demand
  - 31 Oilfield Cementing Chemicals Demand
  - 32 Completion & Workover Fluids Demand
  - 33 Enhanced Oil Recovery (Eor) Products Demand
- Section V -- Oilfield Chemical Raw Materials
  - 34 Oilfield Chemical Raw Material Demand By Type
  - 35 Commodity Chemical Demand In Oilfield Applications
  - 36 Cement Demand In Oilfield Applications
  - 37 Barite Demand In Oilfield Applications
  - 38 Bromine Compound Demand In Oilfield Applications
  - 39 Acids Demand In Oilfield Applications
  - 40 Calcium Chloride Demand In Oilfield Applications
  - 41 Clay Demand In Oilfield Applications
  - 42 Other Commodity Chemical Demand In Oilfield ApplicationsApplications
  - 43 Specialty Chemical Demand In Oilfield Applications
  - 44 Surfactant Demand In Oilfield Applications
  - 45 Other Specialty Chemical Demand In Oilfield Applications
  - 46 Polymer Demand In Oilfield Applications
  - 47 Cellulose Polymer Demand In Oilfield Chemical ApplicationsApplications
  - 48 Natural Gum Demand In Oilfield Applications
  - 49 Polyacrylamide Demand In Oilfield Applications
  - 50 Other Polymer Demand In Oilfield Applications
  - 51 Gases Demand In Oilfield Applications
  - 52 Nitrogen Demand In Oilfield Applications
  - 53 Merchant Carbon Dioxide Demand In Oilfield ApplicationsApplications
  - 54 Other Raw Material Demand In Oilfield Applications
- Section III -- Industry Structure
  - 1 Us Oilfield Chemical Sales By Company, 2008
  - 2 Selected Acquisitions & Divestitures
  - 3 Research & Development Expenditures For Selected Oilfieldchemical Firms
List Of Charts
- Section II -- Market Environment
  - 1 Us Natural Gas Reserves, 1998-2008
  - 2 Natural Gas Production, 1998-2008
  - 3 Natural Gas Producing States, 2008
  - 4 Natural Gas Drilling Indicators, 1998-2008
  - 5 Natural Gas Wellhead Prices, 1998-2008
  - 6 Natural Gas Pricing & Crude Oil Pricing, 1998-2008
  - 7 Us Petroleum Reserves, 1998-2008
  - 8 Us Petroleum Production, 1998-2008
  - 9 Crude Oil Producing States, 2008
  - 10 Petroleum Drilling Indicators, 1998-2008
  - 11 Petroleum Prices, 1998-2008
  - 12 Oilfield Chemical Market, 1998-2008: Formulated Product Demand & Oil & Gas Production
  - 13 Oilfield Chemical Market, 1998-2008: Formulated Product Demand, Oil Prices, Gas Prices & Active Rig Count
- Section IV -- Oilfield Chemical Products
  - 14 Formulated Oilfield Chemical Demand By Type, 2008
  - 15 Drilling Fluid Demand By Type: Value & Volume
  - 16 Drilling Fluid Market Share, 2008
  - 17 Oilfield Production Chemical Demand By Type, 2008
  - 18 Us Production Chemical Market Share
  - 19 Us Completion & Workover Fluid Market Share, 2008
- Section II -- Oilfield Chemical Raw Materials
  - 1 Oilfield Chemical Raw Material Demand By Type, 2008
  - 2 Commodity Chemical Demand In Oilfield Applications, 2008
- Section III -- Industry Structure
  - 1 Us Formulated Oilfield Chemical Market Share
  - 2 Oilfield Chemical Raw Material Market Share