TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xi
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Historical Trends 6
Macroeconomic Outlook 8
World Demographic Outlook 12
World Manufacturing Outlook 14
World Oil & Gas Outlook 15
World Petroleum Outlook 17
Reserves & Exploration 18
Production 21
Pricing Patterns 24
World Natural Gas Outlook 27
Reserves & Exploration 28
Production 30
Pricing Patterns 34
Oilfield Services Overview 36
Environmental & Regulatory Issues 38
III. OILFIELD TECHNOLOGY 42
General 42
Well Drilling 43
Directional Drilling 44
Horizontal Drilling 45
Expandable Technologies 47
Coiled Tubing Drilling 48
Dual-Gradient Drilling 49
Other Drilling Technologies 50
Drilling Fluids 51
Well Completion & Workover 52
Well Stimulation 55
Hydraulic Fracturing 56
Nitrogen Fracturing 58
Acidizing 59
Types 60
Uses 60
Retardation of Acid Reactions 62
Fracture Acidizing 64
Other Well Stimulation Techniques & Technology 65
Enhanced Oil Recovery 67
Thermal Recovery 67
Gas Recovery 68
Chemical Recovery 69
Other Enhanced Oil Recovery Methods 69
Other Oilfield Technologies 71
Oil Sands Recovery 72
Coal Bed Methane 73
Shale Gas 74
IV. OVERVIEW 76
Regional Overview 76
Product Overview 80
Drilling Fluids 83
Formulation Characteristics 88
Offshore & Deepwater Drilling 90
Stimulation & Enhanced Oil Recovery (EOR) Chemicals 92
Stimulation Chemicals 94
EOR Chemicals 96
Production Chemicals 97
Demulsifiers 102
Corrosion & Scale Inhibitors 103
Biocides 104
Other 105
Completion & Workover Fluids 106
Oilfield Cement & Cement Additives 109
Chemical Consumption Trends 113
V. NORTH AMERICA 118
General 118
United States 125
Canada 132
Mexico 138
VI. CENTRAL & SOUTH AMERICA 145
General 145
Argentina 152
Brazil 157
Venezuela 162
Other Central & South America 167
VII. EUROPE 173
General 173
Norway 181
Russia 188
United Kingdom 196
Other Europe 201
VIII. AFRICA/MIDEAST 208
General 208
Africa 215
Algeria 221
Angola 223
Egypt 225
Libya 226
Nigeria 228
Other Africa 230
Middle East 232
Iran 239
Iraq 241
Kuwait 243
Qatar 246
Saudi Arabia 247
Syria 249
United Arab Emirates 250
Other Middle East 251
IX. ASIA/PACIFIC 254
General 254
China 262
India 270
Indonesia 275
Kazakhstan 280
Malaysia 285
Other Asia/Pacific 290
X. INDUSTRY STRUCTURE 296
General 296
Market Share 298
Drilling Fluids 301
Production Chemicals 303
Completion & Workover Fluids 305
Other Oilfield Chemicals 306
Industry Restructuring 307
Competitive Strategies 310
Cooperative Agreements 313
Marketing & Distribution 315
Company Profiles 318
Akzo Nobel NV 319
Albemarle Corporation 321
AMCOL International Corporation 323
American Colloid, see AMCOL International
Ashland Incorporated 325
Ava, see Newpark Resources
Baker Hughes Incorporated 329
BASF SE 336
Buzzi Unicem SpA 338
Champion Technologies Incorporated 340
Chemtura Corporation 343
Chevron Phillips Chemical Company LLC 344
China National Petroleum Corporation 346
Clariant International Limited 347
Cognis GmbH 350
Dow Chemical Company 351
Drilling Specialties, see Chevron Phillips Chemical
DuPont (EI) de Nemours 354
Emery Oleochemicals Group 356
Enerchem International Incorporated 357
Gumpro Drilling Fluids Pvt Limited 358
Halliburton Company 359
Henan Puyang Kaili Chemical Company Limited 363
Holcim Limited 364
Imdex Limited 367
Israel Chemicals Limited 369
Kemira Oyj 371
Lafarge SA 373
M-I SWACO, see Schlumberger
Nalco Holding Company 375
Navdeep Chemicals Private Limited 378
Newpark Resources Incorporated 379
NGC Oil Services, see Nigerian-German Chemicals
Nigerian-German Chemicals plc 382
PetroChina, see China National Petroleum
PT Tesso Tetra Chemika 383
Rhodia SA 385
Roemex Limited 387
Schlumberger Limited 388
Scomi Group Bhd 394
Sichem 396
Smith International, see Schlumberger
TETRA Technologies Incorporated 397
Texas Industries Incorporated 399
Thermax Group 401
Tianjin Huafu Oilfield Chemical, see China National Petroleum
TXI Energy Services, see Texas Industries
Wildcat Chemicals Australia, see Imdex
Additional Companies Mentioned in the Study 403
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 12
2 World Population by Region 14
3 World Manufacturing Value Added by Region 15
4 World Oil & Gas Output 17
5 World Petroleum Reserves by Country, 2009 20
6 World Petroleum Production by Region 23
7 World Natural Gas Reserves by Country, 2009 29
8 World Natural Gas Production by Region 33
9 World Oilfield Services Indicators 38
SECTION IV -- OVERVIEW
1 World Oilfield Chemical Demand by Region 79
2 World Oilfield Chemical Demand by Type 82
3 Drilling Fluid Demand by Region 87
4 World Well Stimulation & Enhanced Oil Recovery (EOR)
Chemical Demand by Type & Region 93
5 World Production Chemical Demand by Type & Region 100
6 World Completion & Workover Fluid Demand by Region 108
7 World Oilfield Cement & Cement Additive Demand
by Type & Region 112
SECTION V -- NORTH AMERICA
1 North America: Key Indicators for Oilfield Chemical Demand 120
2 North America: Oilfield Chemical Demand 124
3 United States: Key Indicators for Oilfield Chemical Demand 130
4 United States: Oilfield Chemical Demand 132
5 Canada: Key Indicators for Oilfield Chemical Demand 136
6 Canada: Oilfield Chemical Demand 138
7 Mexico: Key Indicators for Oilfield Chemical Demand 142
8 Mexico: Oilfield Chemical Demand 144
SECTION VI -- CENTRAL & SOUTH AMERICA
1 Central & South America: Key Indicators for Oilfield
Chemical Demand 147
2 Central & South America: Oilfield Chemical Demand 151
3 Argentina: Key Indicators for Oilfield Chemical Demand 155
4 Argentina: Oilfield Chemical Demand 157
5 Brazil: Key Indicators for Oilfield Chemical Demand 160
6 Brazil: Oilfield Chemical Demand 162
7 Venezuela: Key Indicators for Oilfield Chemical Demand 165
8 Venezuela: Oilfield Chemical Demand 167
9 Other Central & South America: Key Indicators for Oilfield
Chemical Demand 170
10 Other Central & South America: Oilfield Chemical Demand
by Country & Product 172
SECTION VII -- EUROPE
1 Europe: Key Indicators for Oilfield Chemical Demand 174
2 Europe: Oilfield Chemical Demand 180
3 Norway: Key Indicators for Oilfield Chemical Demand 185
4 Norway: Oilfield Chemical Demand 188
5 Russia: Key Indicators for Oilfield Chemical Demand 192
6 Russia: Oilfield Chemical Demand 195
7 United Kingdom: Key Indicators for Oilfield Chemical
Demand 198
8 United Kingdom: Oilfield Chemical Demand 201
9 Other Europe: Key Indicators for Oilfield Chemical Demand 204
10 Other Europe: Oilfield Chemical Demand by Country
& Product 207
SECTION VIII -- AFRICA/MIDEAST
1 Africa/Mideast: Key Indicators for Oilfield Chemical
Demand 210
2 Africa/Mideast: Oilfield Chemical Demand by Region
& Product 214
3 Africa: Key Indicators for Oilfield Chemical Demand 217
4 Africa: Oilfield Chemical Demand by Country & Product 220
5 Middle East: Key Indicators for Oilfield Chemical Demand 234
6 Middle East: Oilfield Chemical Demand by Country
& Product 238
SECTION IX -- ASIA/PACIFIC
1 Asia/Pacific: Key Indicators for Oilfield Chemical Demand 256
2 Asia/Pacific: Oilfield Chemical Demand 261
3 China: Key Indicators for Oilfield Chemical Demand 267
4 China: Oilfield Chemical Demand 270
5 India: Key Indicators for Oilfield Chemical Demand 273
6 India: Oilfield Chemical Demand 275
7 Indonesia: Key Indicators for Oilfield Chemical Demand 278
8 Indonesia: Oilfield Chemical Demand 280
9 Kazakhstan: Key Indicators for Oilfield Chemical Demand 283
10 Kazakhstan: Oilfield Chemical Demand 285
11 Malaysia: Key Indicators for Oilfield Chemical Demand 288
12 Malaysia: Oilfield Chemical Demand 290
13 Other Asia/Pacific: Key Indicators for Oilfield Chemical
Demand 293
14 Other Asia/Pacific: Oilfield Chemical Demand 295
SECTION X -- INDUSTRY STRUCTURE
1 World Oilfield Chemical Sales by Company, 2009 297
2 Selected Acquisitions & Divestitures 309
3 Selected Cooperative Agreements 314
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 World Petroleum Reserves by Region, 2009 21
2 World Petroleum Production by Region, 2009 24
3 Average Annual Spot Prices for Crude Oil, 1999-2009 27
4 World Natural Gas Reserves by Region, 2009 30
5 World Natural Gas Production by Region, 2009 34
6 Average Annual Spot Prices for Natural Gas, 1999-2009 36
SECTION IV -- OVERVIEW
1 World Oilfield Chemical Demand by Region, 2009 80
2 World Oilfield Chemical Demand by Type, 2009 83
3 World Drilling Fluid Demand by Region, 2009 88
4 World Well Stimulation & Enhanced Oil Recovery (EOR)
Chemical Demand by Region, 2009 94
5 World Production Chemical Demand by Type, 2009 101
6 World Production Chemical Demand by Region, 2009 102
7 World Completion & Workover Fluid Demand
by Region, 2009 109
8 World Oilfield Cement & Cement Additive Demand
by Region, 2009 113
9 Oilfield Chemical Demand Relationship to Oil & Gas
Production, 2009 117
SECTION V -- NORTH AMERICA
1 North America: Oil & Gas Production by Country, 2009 122
2 North America: Oilfield Chemical Demand by Country, 2009 125
SECTION VI -- CENTRAL & SOUTH AMERICA
1 Central & South America: Oil & Gas Production
by Country, 2009 149
2 Central & South America: Oilfield Chemical Demand
by Country, 2009 152
SECTION VII -- EUROPE
1 Europe: Oil & Gas Production, 2009 178
2 Europe: Oilfield Chemical Demand by Country, 2009 181
SECTION VIII -- AFRICA/MIDEAST
1 Africa/Mideast: Oil & Gas Production by Country, 2009 212
2 Africa: Oilfield Chemical Demand by Country, 2009 221
3 Middle East: Oilfield Chemical Demand by Country, 2009 239
SECTION IX -- ASIA/PACIFIC
1 Asia/Pacific: Oil & Gas Production by Country, 2009 258
2 Asia/Pacific: Oilfield Chemical Demand by Country, 2009 262
SECTION X -- INDUSTRY STRUCTURE
1 World Oilfield Chemical Market Share, 2009 301
2 World Drilling Fluid Market Share, 2009 303
3 World Production Chemical Market Share, 2009 304
4 World Completion & Workover Market Share, 2009 306