Drilling fluid requirement projections
India’s drilling fluid requirements are projected to grow steadily, driven by expanding exploration and production (E&P) activities in onshore and offshore basins. With ONGC, OIL, and private operators planning more wells under the HELP and OALP regimes, demand for water-based, oil-based, and synthetic-based muds is expected to surge. Increasing focus on HPHT (high-pressure high-temperature) wells and deepwater drilling will also require advanced drilling fluid systems. The rise in shale and tight gas exploration will further drive specialty fluid consumption. Indigenous manufacturing and imports of additives like barite, bentonite, polymers, and surfactants will play a key role in meeting future requirements, Drilling fluid requirement projections, Indianpetroplus
