The global Mineral Oil Based Drilling Fluids market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.

Mineral oil-based drilling fluid is an important liquid used in the drilling process. It is mainly used to cool and lubricate the drill bit, control bottom hole pressure, stabilize the well wall, etc.

From a downstream perspective, Onshore Drilling accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).

Mineral Oil Based Drilling Fluids leading manufacturers including Schlumberger, Halliburton, Baker Hughes, Newpark Resources, Tetra Technologies, CES Energy Solutions, NOV Inc., Scomi Group Bhd, Secure Energy Services, Weatherford International, etc., dominate supply; the top five capture approximately % of global revenue, with Schlumberger leading 2024 sales at US$ million.

Regional Outlook:

North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).

Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).

Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Mineral Oil Based Drilling Fluids market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.

By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.

Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.

Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.

A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.

Market Segmentation

Scope of Mineral Oil Based Drilling Fluids Market Report

Report Metric	Details
Report Name	Mineral Oil Based Drilling Fluids Market
Segment by Type	Emulsified Dispersed
Segment by Application	Onshore Drilling Offshore Drilling Others
Production by Region	North America Europe China Japan
Sales by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Schlumberger, Halliburton, Baker Hughes, Newpark Resources, Tetra Technologies, CES Energy Solutions, NOV Inc., Scomi Group Bhd, Secure Energy Services, Weatherford International, Q’Max Solutions, CNPC, Sinopec, CNOOC
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the Mineral Oil Based Drilling Fluids study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Mineral Oil Based Drilling Fluids Market report?

Ans: The main players in the Mineral Oil Based Drilling Fluids Market are Schlumberger, Halliburton, Baker Hughes, Newpark Resources, Tetra Technologies, CES Energy Solutions, NOV Inc., Scomi Group Bhd, Secure Energy Services, Weatherford International, Q’Max Solutions, CNPC, Sinopec, CNOOC

What are the Application segmentation covered in the Mineral Oil Based Drilling Fluids Market report?

Ans: The Applications covered in the Mineral Oil Based Drilling Fluids Market report are Onshore Drilling, Offshore Drilling, Others

What are the Type segmentation covered in the Mineral Oil Based Drilling Fluids Market report?

Ans: The Types covered in the Mineral Oil Based Drilling Fluids Market report are Emulsified, Dispersed

1 Study Coverage

1.1 Introduction to Mineral Oil Based Drilling Fluids: Definition, Properties, and Key Attributes

1.2 Market Segmentation by Type

1.2.1 Global Mineral Oil Based Drilling Fluids Market Size by Type, 2020 VS 2024 VS 2031

1.2.2 Emulsified

1.2.3 Dispersed

1.3 Market Segmentation by Application

1.3.1 Global Mineral Oil Based Drilling Fluids Market Size by Application, 2020 VS 2024 VS 2031

1.3.2 Onshore Drilling

1.3.3 Offshore Drilling

1.3.4 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Executive Summary

2.1 Global Mineral Oil Based Drilling Fluids Revenue Estimates and Forecasts 2020-2031

2.2 Global Mineral Oil Based Drilling Fluids Revenue by Region

2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031

2.2.2 Historical and Forecasted Revenue by Region (2020--2031)

2.2.3 Global Revenue Market Share by Region (2020-2031)

2.3 Global Mineral Oil Based Drilling Fluids Sales Estimates and Forecasts 2020-2031

2.4 Global Mineral Oil Based Drilling Fluids Sales by Region

2.4.1 Sales Comparison: 2020 VS 2024 VS 2031

2.4.2 Historical and Forecasted Sales by Region (2020-2031)

2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends

2.4.4 Global Sales Market Share by Region (2020-2031)

3 Global Production Analysis

3.1 Global Mineral Oil Based Drilling Fluids Production Capacity and Utilization Rates (2020–2031)

3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)

3.3 Regional Production Dynamics

3.3.1 Historic Production by Region (2020-2025)

3.3.2 Forecasted Production by Region (2026-2031)

3.3.3 Production Market Share by Region (2020-2031)

3.3.4 Regulatory and Trade Policy Impact on Production

3.3.5 Production Capacity Enablers and Constraints

3.4 Key Regional Production Hubs

3.4.1 North America

3.4.2 Europe

3.4.3 China

3.4.4 Japan

4 Competition by Manufacturers

4.1 Global Mineral Oil Based Drilling Fluids Sales by Manufacturers

4.1.1 Global Sales Volume by Manufacturers (2020-2025)

4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)

4.2 Global Mineral Oil Based Drilling Fluids Manufacturer Revenue Rankings and Tiers

4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)

4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)

4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)

4.3 Manufacturer Profitability Profiles and Pricing Strategies

4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)

4.3.2 Manufacturer-Level Price Trends (2020-2025)

4.4 Key Manufacturers Manufacturing Base and Headquarters

4.5 Main Product Type Market Size by Manufacturers

4.5.1 Emulsified Market Size by Manufacturers

4.5.2 Dispersed Market Size by Manufacturers

4.6 Global Mineral Oil Based Drilling Fluids Market Concentration and Dynamics

4.6.1 Global Market Concentration (CR5 and HHI)

4.6.2 Entrant/Exit Impact Analysis

4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment

5 Global Product Segmentation Analysis

5.1 Global Mineral Oil Based Drilling Fluids Sales Performance by Type

5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)

5.1.2 Global Sales Market Share by Type (2020-2031)

5.2 Global Mineral Oil Based Drilling Fluids Revenue Trends by Type

5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)

5.2.2 Global Revenue Market Share by Type (2020-2031)

5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)

5.4 Product Technology Differentiation

5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk

5.5.1 High-Growth Niches and Adoption Drivers

5.5.2 Profitability Hotspots and Cost Drivers

5.5.3 Substitution Threats

6 Global Downstream Application Analysis

6.1 Global Mineral Oil Based Drilling Fluids Sales by Application

6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)

6.1.2 Global Sales Market Share by Application (2020-2031)

6.1.3 High-Growth Application Identification

6.1.4 Emerging Application Case Studies

6.2 Global Mineral Oil Based Drilling Fluids Revenue by Application

6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)

6.2.2 Revenue Market Share by Application (2020-2031)

6.3 Global Pricing Dynamics by Application (2020-2031)

6.4 Downstream Customer Analysis

6.4.1 Top Customers by Region

6.4.2 Top Customers by Application

7 North America

7.1 North America Sales Volume and Revenue (2020-2031)

7.2 North America Key Manufacturers Sales Revenue in 2024

7.3 North America Mineral Oil Based Drilling Fluids Sales and Revenue by Type (2020-2031)

7.4 North America Mineral Oil Based Drilling Fluids Sales and Revenue by Application (2020-2031)

7.5 North America Growth Accelerators and Market Barriers

7.6 North America Mineral Oil Based Drilling Fluids Market Size by Country

7.6.1 North America Revenue by Country

7.6.2 North America Sales Trends by Country

7.6.3 US

7.6.4 Canada

7.6.5 Mexico

8 Europe

8.1 Europe Sales Volume and Revenue (2020-2031)

8.2 Europe Key Manufacturers Sales Revenue in 2024

8.3 Europe Mineral Oil Based Drilling Fluids Sales and Revenue by Type (2020-2031)

8.4 Europe Mineral Oil Based Drilling Fluids Sales and Revenue by Application (2020-2031)

8.5 Europe Growth Accelerators and Market Barriers

8.6 Europe Mineral Oil Based Drilling Fluids Market Size by Country

8.6.1 Europe Revenue by Country

8.6.2 Europe Sales Trends by Country

8.6.3 Germany

8.6.4 France

8.6.5 U.K.

8.6.6 Italy

8.6.7 Russia

9 Asia-Pacific

9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)

9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024

9.3 Asia-Pacific Mineral Oil Based Drilling Fluids Sales and Revenue by Type (2020-2031)

9.4 Asia-Pacific Mineral Oil Based Drilling Fluids Sales and Revenue by Application (2020-2031)

9.5 Asia-Pacific Mineral Oil Based Drilling Fluids Market Size by Region

9.5.1 Asia-Pacific Revenue by Region

9.5.2 Asia-Pacific Sales Trends by Region

9.6 Asia-Pacific Growth Accelerators and Market Barriers

9.7 Southeast Asia

9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)

9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand

9.8 China

9.9 Japan

9.10 South Korea

9.11 China Taiwan

9.12 India

10 Central and South America

10.1 Central and South America Sales Volume and Revenue (2020-2031)

10.2 Central and South America Key Manufacturers Sales Revenue in 2024

10.3 Central and South America Mineral Oil Based Drilling Fluids Sales and Revenue by Type (2020-2031)

10.4 Central and South America Mineral Oil Based Drilling Fluids Sales and Revenue by Application (2020-2031)

10.5 Central and South America Investment Opportunities and Key Challenges

10.6 Central and South America Mineral Oil Based Drilling Fluids Market Size by Country

10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)

10.6.2 Brazil

10.6.3 Argentina

11 Middle East and Africa

11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)

11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024

11.3 Middle East and Africa Mineral Oil Based Drilling Fluids Sales and Revenue by Type (2020-2031)

11.4 Middle East and Africa Mineral Oil Based Drilling Fluids Sales and Revenue by Application (2020-2031)

11.5 Middle East and Africa Investment Opportunities and Key Challenges

11.6 Middle East and Africa Mineral Oil Based Drilling Fluids Market Size by Country

11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)

11.6.2 GCC Countries

11.6.3 Turkey

11.6.4 Egypt

11.6.5 South Africa

12 Corporate Profile

12.1 Schlumberger

12.1.1 Schlumberger Corporation Information

12.1.2 Schlumberger Business Overview

12.1.3 Schlumberger Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.1.4 Schlumberger Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.1.5 Schlumberger Mineral Oil Based Drilling Fluids Sales by Product in 2024

12.1.6 Schlumberger Mineral Oil Based Drilling Fluids Sales by Application in 2024

12.1.7 Schlumberger Mineral Oil Based Drilling Fluids Sales by Geographic Area in 2024

12.1.8 Schlumberger Mineral Oil Based Drilling Fluids SWOT Analysis

12.1.9 Schlumberger Recent Developments

12.2 Halliburton

12.2.1 Halliburton Corporation Information

12.2.2 Halliburton Business Overview

12.2.3 Halliburton Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.2.4 Halliburton Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.2.5 Halliburton Mineral Oil Based Drilling Fluids Sales by Product in 2024

12.2.6 Halliburton Mineral Oil Based Drilling Fluids Sales by Application in 2024

12.2.7 Halliburton Mineral Oil Based Drilling Fluids Sales by Geographic Area in 2024

12.2.8 Halliburton Mineral Oil Based Drilling Fluids SWOT Analysis

12.2.9 Halliburton Recent Developments

12.3 Baker Hughes

12.3.1 Baker Hughes Corporation Information

12.3.2 Baker Hughes Business Overview

12.3.3 Baker Hughes Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.3.4 Baker Hughes Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.3.5 Baker Hughes Mineral Oil Based Drilling Fluids Sales by Product in 2024

12.3.6 Baker Hughes Mineral Oil Based Drilling Fluids Sales by Application in 2024

12.3.7 Baker Hughes Mineral Oil Based Drilling Fluids Sales by Geographic Area in 2024

12.3.8 Baker Hughes Mineral Oil Based Drilling Fluids SWOT Analysis

12.3.9 Baker Hughes Recent Developments

12.4 Newpark Resources

12.4.1 Newpark Resources Corporation Information

12.4.2 Newpark Resources Business Overview

12.4.3 Newpark Resources Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.4.4 Newpark Resources Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.4.5 Newpark Resources Mineral Oil Based Drilling Fluids Sales by Product in 2024

12.4.6 Newpark Resources Mineral Oil Based Drilling Fluids Sales by Application in 2024

12.4.7 Newpark Resources Mineral Oil Based Drilling Fluids Sales by Geographic Area in 2024

12.4.8 Newpark Resources Mineral Oil Based Drilling Fluids SWOT Analysis

12.4.9 Newpark Resources Recent Developments

12.5 Tetra Technologies

12.5.1 Tetra Technologies Corporation Information

12.5.2 Tetra Technologies Business Overview

12.5.3 Tetra Technologies Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.5.4 Tetra Technologies Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.5.5 Tetra Technologies Mineral Oil Based Drilling Fluids Sales by Product in 2024

12.5.6 Tetra Technologies Mineral Oil Based Drilling Fluids Sales by Application in 2024

12.5.7 Tetra Technologies Mineral Oil Based Drilling Fluids Sales by Geographic Area in 2024

12.5.8 Tetra Technologies Mineral Oil Based Drilling Fluids SWOT Analysis

12.5.9 Tetra Technologies Recent Developments

12.6 CES Energy Solutions

12.6.1 CES Energy Solutions Corporation Information

12.6.2 CES Energy Solutions Business Overview

12.6.3 CES Energy Solutions Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.6.4 CES Energy Solutions Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.6.5 CES Energy Solutions Recent Developments

12.7 NOV Inc.

12.7.1 NOV Inc. Corporation Information

12.7.2 NOV Inc. Business Overview

12.7.3 NOV Inc. Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.7.4 NOV Inc. Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.7.5 NOV Inc. Recent Developments

12.8 Scomi Group Bhd

12.8.1 Scomi Group Bhd Corporation Information

12.8.2 Scomi Group Bhd Business Overview

12.8.3 Scomi Group Bhd Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.8.4 Scomi Group Bhd Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.8.5 Scomi Group Bhd Recent Developments

12.9 Secure Energy Services

12.9.1 Secure Energy Services Corporation Information

12.9.2 Secure Energy Services Business Overview

12.9.3 Secure Energy Services Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.9.4 Secure Energy Services Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.9.5 Secure Energy Services Recent Developments

12.10 Weatherford International

12.10.1 Weatherford International Corporation Information

12.10.2 Weatherford International Business Overview

12.10.3 Weatherford International Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.10.4 Weatherford International Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.10.5 Weatherford International Recent Developments

12.11 Q’Max Solutions

12.11.1 Q’Max Solutions Corporation Information

12.11.2 Q’Max Solutions Business Overview

12.11.3 Q’Max Solutions Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.11.4 Q’Max Solutions Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.11.5 Q’Max Solutions Recent Developments

12.12 CNPC

12.12.1 CNPC Corporation Information

12.12.2 CNPC Business Overview

12.12.3 CNPC Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.12.4 CNPC Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.12.5 CNPC Recent Developments

12.13 Sinopec

12.13.1 Sinopec Corporation Information

12.13.2 Sinopec Business Overview

12.13.3 Sinopec Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.13.4 Sinopec Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.13.5 Sinopec Recent Developments

12.14 CNOOC

12.14.1 CNOOC Corporation Information

12.14.2 CNOOC Business Overview

12.14.3 CNOOC Mineral Oil Based Drilling Fluids Product Models, Descriptions and Specifications

12.14.4 CNOOC Mineral Oil Based Drilling Fluids Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.14.5 CNOOC Recent Developments

13 Value Chain and Supply-Chain Analysis

13.1 Mineral Oil Based Drilling Fluids Industry Chain

13.2 Mineral Oil Based Drilling Fluids Upstream Materials Analysis

13.2.1 Raw Materials

13.2.2 Key Suppliers Market Share & Risk Assessment

13.3 Mineral Oil Based Drilling Fluids Integrated Production Analysis

13.3.1 Manufacturing Footprint Analysis

13.3.2 Production Technology Overview

13.3.3 Regional Cost Drivers

13.4 Mineral Oil Based Drilling Fluids Sales Channels and Distribution Networks

13.4.1 Sales Channels

13.4.2 Distributors

14 Mineral Oil Based Drilling Fluids Market Dynamics

14.1 Industry Trends and Evolution

14.2 Market Growth Drivers and Emerging Opportunities

14.3 Market Challenges, Risks, and Restraints

15 Key Findings in the Global Mineral Oil Based Drilling Fluids Study

16 Appendix

16.1 Research Methodology

16.1.1 Methodology/Research Approach

16.1.1.1 Research Programs/Design

16.1.1.2 Market Size Estimation

16.1.1.3 Market Breakdown and Data Triangulation

16.1.2 Data Source

16.1.2.1 Secondary Sources

16.1.2.2 Primary Sources

16.2 Author Details

FEATURED COMPANIES

Secure Energy Services

Weatherford International

List of Tables

Table 1. Global Mineral Oil Based Drilling Fluids Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)

Table 2. Global Mineral Oil Based Drilling Fluids Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)

Table 3. Global Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 4. Global Mineral Oil Based Drilling Fluids Revenue by Region (2020-2025) & (US$ Million)

Table 5. Global Mineral Oil Based Drilling Fluids Revenue by Region (2026-2031) & (US$ Million)

Table 6. Global Mineral Oil Based Drilling Fluids Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Tons)

Table 7. Global Mineral Oil Based Drilling Fluids Sales by Region (2020-2025) & (Tons)

Table 8. Global Mineral Oil Based Drilling Fluids Sales by Region (2026-2031) & (Tons)

Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 10. Global Mineral Oil Based Drilling Fluids Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Tons)

Table 11. Global Mineral Oil Based Drilling Fluids Production by Region (2020-2025) & (Tons)

Table 12. Global Mineral Oil Based Drilling Fluids Production by Region (2026-2031) & (Tons)

Table 13. Global Mineral Oil Based Drilling Fluids Sales by Manufacturers (2020-2025) & (Tons)

Table 14. Global Mineral Oil Based Drilling Fluids Sales Share by Manufacturers (2020-2025)

Table 15. Global Mineral Oil Based Drilling Fluids Revenue by Manufacturers (2020-2025) & (US$ Million)

Table 16. Global Mineral Oil Based Drilling Fluids Revenue Market Share by Manufacturers (2020-2025)

Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)

Table 18. Global Mineral Oil Based Drilling Fluids by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Mineral Oil Based Drilling Fluids as of 2024)

Table 19. Global Mineral Oil Based Drilling Fluids Average Gross Margin (%) by Manufacturer (2020 VS 2024)

Table 20. Global Mineral Oil Based Drilling Fluids Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Ton)

Table 21. Key Manufacturers Mineral Oil Based Drilling Fluids Manufacturing Base and Headquarters

Table 22. Global Mineral Oil Based Drilling Fluids Market Concentration Ratio (CR5 and HHI)

Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis

Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment

Table 25. Global Mineral Oil Based Drilling Fluids Sales by Type (2020-2025) & (Tons)

Table 26. Global Mineral Oil Based Drilling Fluids Sales by Type (2026-2031) & (Tons)

Table 27. Global Mineral Oil Based Drilling Fluids Revenue by Type (2020-2025) & (US$ Million)

Table 28. Global Mineral Oil Based Drilling Fluids Revenue by Type (2026-2031) & (US$ Million)

Table 29. Global Mineral Oil Based Drilling Fluids ASP by Type (2020-2031) & (US$/Ton)

Table 30. Technical Specifications by Key Product Type

Table 31. Global Mineral Oil Based Drilling Fluids Sales by Application (2020-2025) & (Tons)

Table 32. Global Mineral Oil Based Drilling Fluids Sales by Application (2026-2031) & (Tons)

Table 33. Mineral Oil Based Drilling Fluids High-Growth Sectors Demand CAGR (2024-2031)

Table 34. Global Mineral Oil Based Drilling Fluids Revenue by Application (2020-2025) & (US$ Million)

Table 35. Global Mineral Oil Based Drilling Fluids Revenue by Application (2026-2031) & (US$ Million)

Table 36. Global Mineral Oil Based Drilling Fluids ASP by Application (2020-2031) & (US$/Ton)

Table 37. Top Customers by Region

Table 38. Top Customers by Application

Table 39. North America Mineral Oil Based Drilling Fluids Growth Accelerators and Market Barriers

Table 40. North America Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 41. North America Mineral Oil Based Drilling Fluids Sales (Tons) by Country (2020 VS 2024 VS 2031)

Table 42. Europe Mineral Oil Based Drilling Fluids Growth Accelerators and Market Barriers

Table 43. Europe Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)

Table 44. Europe Mineral Oil Based Drilling Fluids Sales (Tons) by Country (2020 VS 2024 VS 2031)

Table 45. Asia-Pacific Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 46. Asia-Pacific Mineral Oil Based Drilling Fluids Sales (Tons) by Country (2020 VS 2024 VS 2031)

Table 47. Asia-Pacific Mineral Oil Based Drilling Fluids Growth Accelerators and Market Barriers

Table 48. Southeast Asia Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 49. Central and South America Mineral Oil Based Drilling Fluids Investment Opportunities and Key Challenges

Table 50. Central and South America Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 51. Middle East and Africa Mineral Oil Based Drilling Fluids Investment Opportunities and Key Challenges

Table 52. Middle East and Africa Mineral Oil Based Drilling Fluids Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)

Table 53. Schlumberger Corporation Information

Table 54. Schlumberger Description and Major Businesses

Table 55. Schlumberger Product Models, Descriptions and Specifications

Table 56. Schlumberger Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 57. Schlumberger Sales Value Proportion by Product in 2024

Table 58. Schlumberger Sales Value Proportion by Application in 2024

Table 59. Schlumberger Sales Value Proportion by Geographic Area in 2024

Table 60. Schlumberger Mineral Oil Based Drilling Fluids SWOT Analysis

Table 61. Schlumberger Recent Developments

Table 62. Halliburton Corporation Information

Table 63. Halliburton Description and Major Businesses

Table 64. Halliburton Product Models, Descriptions and Specifications

Table 65. Halliburton Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 66. Halliburton Sales Value Proportion by Product in 2024

Table 67. Halliburton Sales Value Proportion by Application in 2024

Table 68. Halliburton Sales Value Proportion by Geographic Area in 2024

Table 69. Halliburton Mineral Oil Based Drilling Fluids SWOT Analysis

Table 70. Halliburton Recent Developments

Table 71. Baker Hughes Corporation Information

Table 72. Baker Hughes Description and Major Businesses

Table 73. Baker Hughes Product Models, Descriptions and Specifications

Table 74. Baker Hughes Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 75. Baker Hughes Sales Value Proportion by Product in 2024

Table 76. Baker Hughes Sales Value Proportion by Application in 2024

Table 77. Baker Hughes Sales Value Proportion by Geographic Area in 2024

Table 78. Baker Hughes Mineral Oil Based Drilling Fluids SWOT Analysis

Table 79. Baker Hughes Recent Developments

Table 80. Newpark Resources Corporation Information

Table 81. Newpark Resources Description and Major Businesses

Table 82. Newpark Resources Product Models, Descriptions and Specifications

Table 83. Newpark Resources Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 84. Newpark Resources Sales Value Proportion by Product in 2024

Table 85. Newpark Resources Sales Value Proportion by Application in 2024

Table 86. Newpark Resources Sales Value Proportion by Geographic Area in 2024

Table 87. Newpark Resources Mineral Oil Based Drilling Fluids SWOT Analysis

Table 88. Newpark Resources Recent Developments

Table 89. Tetra Technologies Corporation Information

Table 90. Tetra Technologies Description and Major Businesses

Table 91. Tetra Technologies Product Models, Descriptions and Specifications

Table 92. Tetra Technologies Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 93. Tetra Technologies Sales Value Proportion by Product in 2024

Table 94. Tetra Technologies Sales Value Proportion by Application in 2024

Table 95. Tetra Technologies Sales Value Proportion by Geographic Area in 2024

Table 96. Tetra Technologies Mineral Oil Based Drilling Fluids SWOT Analysis

Table 97. Tetra Technologies Recent Developments

Table 98. CES Energy Solutions Corporation Information

Table 99. CES Energy Solutions Description and Major Businesses

Table 100. CES Energy Solutions Product Models, Descriptions and Specifications

Table 101. CES Energy Solutions Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 102. CES Energy Solutions Recent Developments

Table 103. NOV Inc. Corporation Information

Table 104. NOV Inc. Description and Major Businesses

Table 105. NOV Inc. Product Models, Descriptions and Specifications

Table 106. NOV Inc. Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 107. NOV Inc. Recent Developments

Table 108. Scomi Group Bhd Corporation Information

Table 109. Scomi Group Bhd Description and Major Businesses

Table 110. Scomi Group Bhd Product Models, Descriptions and Specifications

Table 111. Scomi Group Bhd Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 112. Scomi Group Bhd Recent Developments

Table 113. Secure Energy Services Corporation Information

Table 114. Secure Energy Services Description and Major Businesses

Table 115. Secure Energy Services Product Models, Descriptions and Specifications

Table 116. Secure Energy Services Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 117. Secure Energy Services Recent Developments

Table 118. Weatherford International Corporation Information

Table 119. Weatherford International Description and Major Businesses

Table 120. Weatherford International Product Models, Descriptions and Specifications

Table 121. Weatherford International Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 122. Weatherford International Recent Developments

Table 123. Q’Max Solutions Corporation Information

Table 124. Q’Max Solutions Description and Major Businesses

Table 125. Q’Max Solutions Product Models, Descriptions and Specifications

Table 126. Q’Max Solutions Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 127. Q’Max Solutions Recent Developments

Table 128. CNPC Corporation Information

Table 129. CNPC Description and Major Businesses

Table 130. CNPC Product Models, Descriptions and Specifications

Table 131. CNPC Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 132. CNPC Recent Developments

Table 133. Sinopec Corporation Information

Table 134. Sinopec Description and Major Businesses

Table 135. Sinopec Product Models, Descriptions and Specifications

Table 136. Sinopec Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 137. Sinopec Recent Developments

Table 138. CNOOC Corporation Information

Table 139. CNOOC Description and Major Businesses

Table 140. CNOOC Product Models, Descriptions and Specifications

Table 141. CNOOC Capacity, Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)

Table 142. CNOOC Recent Developments

Table 143. Key Raw Materials Distribution

Table 144. Raw Materials Key Suppliers

Table 145. Critical Raw Material Supplier Concentration (2024) & Risk Index

Table 146. Milestones in Production Technology Evolution

Table 147. Distributors List

Table 148. Market Trends and Market Evolution

Table 149. Market Drivers and Opportunities

Table 150. Market Challenges, Risks, and Restraints

Table 151. Research Programs/Design for This Report

Table 152. Key Data Information from Secondary Sources

Table 153. Key Data Information from Primary Sources

List of Figures

Figure 1. Mineral Oil Based Drilling Fluids Product Picture

Figure 2. Global Mineral Oil Based Drilling Fluids Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)

Figure 3. Emulsified Product Picture

Figure 4. Dispersed Product Picture

Figure 5. Global Mineral Oil Based Drilling Fluids Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)

Figure 6. Onshore Drilling

Figure 7. Offshore Drilling

Figure 8. Others

Figure 9. Mineral Oil Based Drilling Fluids Report Years Considered

Figure 10. Global Mineral Oil Based Drilling Fluids Revenue, (US$ Million), 2020 VS 2024 VS 2031

Figure 11. Global Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 12. Global Mineral Oil Based Drilling Fluids Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 13. Global Mineral Oil Based Drilling Fluids Revenue Market Share by Region (2020-2031)

Figure 14. Global Mineral Oil Based Drilling Fluids Sales (2020-2031) & (Tons)

Figure 15. Global Mineral Oil Based Drilling Fluids Sales (CAGR) by Region (2020-2031) (Tons)

Figure 16. Global Mineral Oil Based Drilling Fluids Sales Market Share by Region (2020-2031)

Figure 17. Global Mineral Oil Based Drilling Fluids Capacity, Production and Utilization (2020-2031) & (Tons)

Figure 18. Global Mineral Oil Based Drilling Fluids Production Trend by Region (2020-2031) (Tons)

Figure 19. Global Mineral Oil Based Drilling Fluids Production Market Share by Region (2020-2031)

Figure 20. Production Capacity Enablers & Constraints

Figure 21. Mineral Oil Based Drilling Fluids Production Growth Rate in North America (2020-2031) & (Tons)

Figure 22. Mineral Oil Based Drilling Fluids Production Growth Rate in Europe (2020-2031) & (Tons)

Figure 23. Mineral Oil Based Drilling Fluids Production Growth Rate in China (2020-2031) & (Tons)

Figure 24. Mineral Oil Based Drilling Fluids Production Growth Rate in Japan (2020-2031) & (Tons)

Figure 25. Top 5 and Top 10 Manufacturers Mineral Oil Based Drilling Fluids Sales Volume Market Share in 2024

Figure 26. Global Mineral Oil Based Drilling Fluids Revenue Market Share Ranking (2024)

Figure 27. Tier Distribution by Revenue Contribution (2020 VS 2024)

Figure 28. Emulsified Revenue Market Share by Manufacturer in 2024

Figure 29. Dispersed Revenue Market Share by Manufacturer in 2024

Figure 30. Type Eight Revenue Market Share by Manufacturer in 2024

Figure 31. Type Nine Revenue Market Share by Manufacturer in 2024

Figure 32. Global Mineral Oil Based Drilling Fluids Sales Market Share by Type (2020-2031)

Figure 33. Global Mineral Oil Based Drilling Fluids Revenue Market Share by Type (2020-2031)

Figure 34. Global Mineral Oil Based Drilling Fluids Sales Market Share by Application (2020-2031)

Figure 35. Global Mineral Oil Based Drilling Fluids Revenue Market Share by Application (2020-2031)

Figure 36. North America Mineral Oil Based Drilling Fluids Sales YoY (2020-2031) & (Tons)

Figure 37. North America Mineral Oil Based Drilling Fluids Revenue YoY (2020-2031) & (US$ Million)

Figure 38. North America Top 5 Manufacturers Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) in 2024

Figure 39. North America Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Type (2020- 2031)

Figure 40. North America Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Type (2020 - 2031)

Figure 41. North America Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Application (2020-2031)

Figure 42. North America Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Application (2020-2031)

Figure 43. US Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 44. Canada Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 45. Mexico Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 46. Europe Mineral Oil Based Drilling Fluids Sales YoY (2020-2031) & (Tons)

Figure 47. Europe Mineral Oil Based Drilling Fluids Revenue YoY (2020-2031) & (US$ Million)

Figure 48. Europe Top 5 Manufacturers Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) in 2024

Figure 49. Europe Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Type (2020-2031)

Figure 50. Europe Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Type (2020-2031)

Figure 51. Europe Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Application (2020-2031)

Figure 52. Europe Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Application (2020-2031)

Figure 53. Germany Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 54. France Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 55. U.K. Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 56. Italy Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 57. Russia Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 58. Asia-Pacific Mineral Oil Based Drilling Fluids Sales YoY (2020-2031) & (Tons)

Figure 59. Asia-Pacific Mineral Oil Based Drilling Fluids Revenue YoY (2020-2031) & (US$ Million)

Figure 60. Asia-Pacific Top 8 Manufacturers Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) in 2024

Figure 61. Asia-Pacific Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Type (2020- 2031)

Figure 62. Asia-Pacific Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Type (2020- 2031)

Figure 63. Asia-Pacific Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Application (2020-2031)

Figure 64. Asia-Pacific Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Application (2020-2031)

Figure 65. Indonesia Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 66. Japan Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 67. South Korea Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 68. China Taiwan Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 69. India Mineral Oil Based Drilling Fluids Revenue (2020-2031) & (US$ Million)

Figure 70. Central and South America Mineral Oil Based Drilling Fluids Sales YoY (2020-2031) & (Tons)

Figure 71. Central and South America Mineral Oil Based Drilling Fluids Revenue YoY (2020-2031) & (US$ Million)

Figure 72. Central and South America Top 5 Manufacturers Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) in 2024

Figure 73. Central and South America Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Type (2021-2031)

Figure 74. Central and South America Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Type (2020-2031)

Figure 75. Central and South America Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Application (2020-2031)

Figure 76. Central and South America Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Application (2020-2031)

Figure 77. Brazil Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 78. Argentina Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 79. Middle East, and Africa Mineral Oil Based Drilling Fluids Sales YoY (2020-2031) & (Tons)

Figure 80. Middle East and Africa Mineral Oil Based Drilling Fluids Revenue YoY (2020-2031) & (US$ Million)

Figure 81. Middle East and Africa Top 5 Manufacturers Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) in 2024

Figure 82. Middle East and Africa Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Type (2021-2031)

Figure 83. South America Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Type (2020-2031)

Figure 84. Middle East and Africa Mineral Oil Based Drilling Fluids Sales Volume (Tons) by Application (2020-2031)

Figure 85. Middle East and Africa Mineral Oil Based Drilling Fluids Sales Revenue (US$ Million) by Application (2020-2031)

Figure 86. GCC Countries Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 87. Turkey Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 88. Egypt Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 89. South Africa Mineral Oil Based Drilling Fluids Revenue (2020-2025) & (US$ Million)

Figure 90. Mineral Oil Based Drilling Fluids Industry Chain Mapping

Figure 91. Regional Mineral Oil Based Drilling Fluids Manufacturing Base Distribution (%)

Figure 92. Mineral Oil Based Drilling Fluids Production Process

Figure 93. Regional Mineral Oil Based Drilling Fluids Production Cost Structure

Figure 94. Channels of Distribution (Direct Vs Distribution)

Figure 95. Bottom-up and Top-down Approaches for This Report

Figure 96. Data Triangulation

Figure 97. Key Executives Interviewed

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