Clear Brine Fluids: Applications and Market Forecast

1. 1996 Clear Brine Fluids: Applications and Market Forecast Cscpl.com Clear brine fluids, majorly used as completion fluids and work over fluids, are industrial fluids that are used in oil and gas drilling activities ranging from controlling hydrostatic pressures while drilling to ensure the protection of drilling production zones. Increasing drilling activities has prompted the increase in global rig count which has further fueled the demand for clear brine fluids CHEMON SPECIALITY CHEMICALS 12/28/1996

2. Application of Clear Brine Fluids: Clear Brine Fluids play an important part in oil and gas exploration. These clear brines, used for completion and work over applications are pure solutions of dissolved salt in water and must be stable at surface and down whole conditions. They are used in the preparation of the well equipment for production including insertion of liners, screens, packers, and other equipment. Traditionally, brine fluids have been primarily used as completions fluids; work over fluids, and packer fluids. Such brine fluids have characteristic properties by which they help to control hydrostatic pressures without producing suspended solids, inhibit swelling and migration of formation clays and be compatible with the formation. But the major benefit of using brine fluidsis for the protection of the production zone. Over the decades, the oil and gas industry has evolved to design a better class of drilling components with the use of the brine fluids. In addition to the above Usage of Clear Brine Fluids are also widely used in high angle drilling operations, for under reaming, and work over operations where formation of solid particles is a major issue. Such fluids are designed to fulfill the desired drilling operation requirements and they are highly non-damaging to production zone, which makes them a popular choice over the use of conventional mud systems. These fluids are formulated with inorganic salts. The brines may be composed of NH4Cl, KCl, KBr, HCOOK, NaCl, HCOONa, NaBr, CaCl2, CaBr2 and ZnBr2 as single or multiple salt solutions based on the above salts. Chloride brines such as potassium chloride, sodium chloride, and calcium chloride are preferred for onshore drilling activities, while bromide brines such as calcium bromide, potassium bromide, sodium bromide, and zinc bromide are preferred for offshore drilling activities. Brine fluids attain their densities from dissolved salts and are maintained solids free in their traditional uses. These fluids are specifically manufactured to control formation pressures as well as reduce damage in the reservoir. http://www.cscpl.com/

3. Clear Brine Fluids Market Analysis: According comprehensive reports generated by analytical studies, the global clear brine fluids market was valued at US$ 842.9 million in 2014 and is anticipated to reach US$ 1,444.7 million by 2023, expanding at a CAGR of 6.2% between 2015 and 2023. The report suggests that Potassium Chloride was the major player, accounting for nearly one- fourth of the total volume in 2014 and it is expected to hold the dominance over the global markets in the forecasted period. Similarly, in terms of major global market players in brine fluids consumption, North America held nearly two-third of the global market area, and is likely to continue at the same spree for the forecasted period. Asia Pacific, particularly in China and Australia, is also likely to become the fastest growing region in terms of shale exploration operations. In India, the increasing exploration activities in oil and gas sector have lead to an expected growth of brines, in the form of Completion Fluids and work over fluids. More About us Click Here: http://www.cscpl.com/