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Latin America Drilling Fluid & Completion Fluid Market is Expected to Reach $1.45 Billion in 2018 - New Report by MicroMarket Monitor
Date:7/22/2014

(PRWEB) July 22, 2014

The Latin America Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Latin America with analysis and forecast of revenue. The drilling fluid and completion fluid market in Latin America is estimated to grow from around $0.93 billion in 2013 to $1.45 billion by 2018, at a CAGR of 9.2%, for the given period.

Browse through the TOC of the Latin America drilling fluid and completion fluid Market Report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Latin America drilling fluid and completion fluid market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/latin-america-drilling-fluid-completion-fluid-9727352154.html

The increasing energy demand, rise in population, discoveries of new CBM and shale reserves are putting pressure to drill at high depths and enter deep and ultra deep waters. Recent increase in oilfield discoveries and rise in drilling activities especially for those focusing on crude oil has positively impacted the drilling fluid and completion fluid market. These factors have been major drivers for the drilling fluids and completion fluids market. The price trend of crude oil and natural gas will support remote offshore sites and shale exploration.

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