Abstract
Maturing oilfields to stimulate global demand
Global demand for well stimulation materials is expected to register
double-digit annual growth through 2012. Growth will slow from the frantic
pace of the past few years, which was prompted by record high oil and gas
prices. However, advances will be sustained by expanded efforts to maintain
productivity in maturing oil and gas fields, both in the large and
well-established well stimulation markets such as the US and Canada, but also
in areas that have not been traditional outlets for well stimulation, such as
Latin America. Producing nations around the world are increasingly turning to
hydraulic fracturing and other stimulation techniques to reduce dependence on
imports (e.g., the US), increase export opportunities (e.g., Russia,
Venezuela, Mexico) or to supply increasing domestic appetites for oil and gas
(e.g., China and a host of developing countries in Africa, the Middle East and
Asia).
Proppants to remain largest product category
Proppants are expected to remain the largest product category. Inexpensive
sand proppants will continue to be replaced with more expensive engineered
proppants -- such as ceramic and coated sands -- to meet the strength
requirements for deeper wells with higher pressures.
Ceramic proppants already occupy a prominent market position in Russia and
China. However, sand proppants will continue to dominate the market in volume
terms due to their low cost and performance in less stressful environments,
such as in shallow gas wells.
Finally, new lighter weight proppants, such as those based on plastic resins,
will find greater usage in specialized applications.
Growth for gelling agents will be driven by the increased use of higher priced
gelling agents such as micropolymer and polymer-free gelling agents, which are
particularly well-suited to tight sands formations and other low permeability
geophysical structures. These formations, which are highly susceptible to
damage from gelled polymer residues, are expected to become an increasingly
important source of natural gas during the forecast period.
Nitrogen and carbon dioxide are the dominant gases in well stimulation.
Nitrogen is used in fracturing operations in more sensitive formations, such
as coal beds and seams, where unconventional techniques are used more
frequently -- especially in the US and Canada. Carbon dioxide is finding
increasing use as the primary constituent of fracturing fluids. Liquid carbon
dioxide can carry proppant without the aid of gelling agents or additives.
Study coverage
This new Freedonia industry study, World Well Stimulation Materials,
provides historical demand data (1997, 2002, 2007) as well as forecasts to
2012 and 2017 by product type for four key markets (the United States, Russia,
Canada and China) and in other regions. This study also examines the market
environment, presents company market share data and profiles 39 industry
competitors.
This study can help you:
- Determine your market & sales potential
- Learn more about industry competitors
- Assess new products & technologies
- Identify firms to merge with or acquire
- Complement your research & planning
- Gather data for presentations
- Confirm your own internal data
- Make better business decisions
Freedonia' s methods involve:
- Establishing consistent economic and market forecasts
- Using input/output ratios, flow charts and other economic methods to
quantify data
- Employing in-house analysts who meet stringent quality standards
- Interviewing key industry participants, experts and end users
- Researching a proprietary database that includes trade publications,
government reports and corporate literature
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- World Economic Overview
- Recent Historical Trends
- Macroeconomic Outlook
- World Demographic Outlook
- World Manufacturing Outlook
- World Oil & Gas Outlook
- World Petroleum Outlook
- Reserves & Exploration
- Production
- Crude Oil Pricing Patterns
- World Natural Gas Outlook
- Reserves & Exploration
- Production
- Natural Gas Pricing Patterns
- Oilfield Services Overview
- Environmental & Regulatory Issues
III. TECHNOLOGY
- General
- Well Drilling & Completion
- Horizontal Drilling
- Multilateral Drilling
- Coiled Tubing Drilling
- Underbalanced Drilling
- Well Completion
- Well Stimulation Technologies
- Hydraulic Fracturing
- Nitrogen Fracturing
- Acidizing
- Types
- Uses
- Retardation of Acid Reactions
- Fracture Acidizing
- Other Well Stimulation Technologies
- Well Stimulation Fluids
- Fracturing Fluids
- Foamed Fracturing Fluids
- Acidizing Fluids
- Foamed Acidizing Fluids
- Seismology
IV. WORLD OVERVIEW
- General
- Proppants
- Sand
- Coated Frac Sand Proppants
- Raw Frac Sand Proppants
- Ceramic
- Clay-Based Ceramic Proppants
- Sintered Bauxite Ceramic Proppants
- Coated Ceramic Proppants
- Other
- Base Fluid Materials
- Foaming Agents
- Gas Foaming Agents
- Chemical Foaming Agents
- Gelling Agents
- Guar Gum Gelling Agents
- Surfactant Gelling Agents
- Other Gelling Agents
- Acids
- Inorganic Acids
- Organic Acids
- Crosslinking Agents
- Other Base Fluid Materials
- Additives
- Breakers
- Acid Breakers
- Oxidative Breakers
- Enzyme Breakers
- Friction Reducers
- Nonemulsifiers
- Fluid Loss Control Agents
- Biocides
- Corrosion Inhibitors
- Other Additives
- Gases
- Other Well Stimulation Materials
V. KEY COUNTRIES
- General
- United States
- Russia
- Canada
- China
VI. OTHER REGIONS
- General
- Latin America
- Europe
- Asia/Pacific
- Africa/Mideast
VII. INDUSTRY STRUCTURE
- General
- Market Share
- Industry Restructuring
- Cooperative Agreements
- Marketing & Distribution
- Research & Development
- Competitive Strategies
COMPANY PROFILES
- Air Products and Chemicals Incorporated
- Akzo Nobel NV
- Albemarle Corporation
- Alco Chemical, see Akzo Nobel
- Ashland Incorporated
- Atlas Resin Proppants LLC, see Badger Mining
- Badger Mining Corporation
- Baker Hughes Incorporated
- BASF SE
- BJ Services Company
- BOC Gazy Sp zoo, see Air Products and Chemicals
- Canfrac Sands Limited, see Metro Engineering and Contracting
- CARBO Ceramics Incorporated
- Celanese Corporation
- Champion Technologies Incorporated
- Chevron Phillips Chemical Company LLC
- China GengSheng Minerals Incorporated
- Cognis Deutschland GmbH & Company KG
- CP Kelco, see Huber (JM)
- Cudd Energy Services, see RPC Incorporated
- Dow Chemical Company
- DuPont (EI) de Nemours
- Enerchem International Incorporated
- Fairmount Minerals Limited
- FMC Corporation
- FORES LLC
- Guizhou LinHai New Material Manufacturing Company Limited
- Halliburton Company
- Hercules Incorporated, see Ashland
- Hexion Specialty Chemicals Incorporated
- Huber (JM) Corporation
- Hunting plc
- Integrity Industries Incorporated, see Smith International
- Jordan Bromine Company Limited, see Albemarle
- JSC Borovichi Refractories Plant
- M-I SWACO LLC, see Schlumberger Limited and Smith International
- Metro Engineering and Contracting Limited
- Mineracao Curimbaba Limitada
- Navdeep Chemicals Private Limited
- Praxair Incorporated
- PT Tesso Tetra Chemika
- Rhodia SA
- Rio Tinto Group
- RPC Incorporated
- Saint-Gobain
- Santrol Incorporated, see Fairmount Minerals Schlumberger Limited
- Sinobrom Albemarle Bromine Chemicals Shandong
- Company Limited, see Albemarle
- Smith International Incorporated
- Trekhgorny Ceramic Factory
- Unimin Corporation
- US Silica Company
- W-H Energy Services Incorporated, see Smith International
- Wolff Walsrode AG, see Dow Chemical
- Yixing Orient Petroleum Proppant Company Limited
- Additional Companies
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- World Gross Domestic Product by Region
- World Population by Region
- World Manufacturing Value Added by Region
- World Oil & Gas Output
- World Petroleum Reserves by Country, 2007
- World Crude Oil Production
- World Natural Gas Reserves by Country, 2007
- World Natural Gas Production
- World Oilfield Service Indicators
SECTION IV -- WORLD OVERVIEW
- World Well Stimulation Material Demand by Type & Country
- World Proppant Demand by Type & Country
- World Sand Proppant Demand by Country
- World Ceramic Proppant Demand by Country
- World Other Proppant Demand by Country
- World Base Fluid Material Demand by Type & Country
- World Fluid Additive Demand by Type & Country
- World Well Stimulation Gases Demand by Type & Country
- Other World Well Stimulation Material Demand
SECTION V -- KEY COUNTRIES
- United States: Key Indicators for Well Stimulation Material Demand
- United States: Well Stimulation Material Demand by Type
- United States: Proppant Demand by Type
- United States: Base Fluid Material Demand by Type
- United States: Fluid Additive Demand by Type
- United States: Well Stimulation Gas Demand by Type
- United States: Other Well Stimulation Material Demand
- Russia: Key Indicators for Well Stimulation Material Demand
- Russia: Well Stimulation Material Demand by Type
- Russia: Proppant Demand by Type
- Russia: Base Fluid Material Demand by Type
- Russia: Fluid Additive Demand by Type
- Russia: Other Well Stimulation Material Demand
- Canada: Key Indicators for Well Stimulation Material Demand
- Canada: Well Stimulation Material Demand by Type
- Canada: Proppant Demand by Type
- Canada: Base Fluid Material Demand by Type
- Canada: Fluid Additive Demand by Type
- Canada: Other Well Stimulation Material Demand
- China: Key Indicators for Well Stimulation Material Demand
- China: Well Stimulation Material Demand by Type
- China: Proppant Demand by Type
- China: Base Fluid Material Demand by Type
- China: Fluid Additive Demand by Type
- China: Other Well Stimulation Material Demand
SECTION VI -- OTHER REGIONS
- Latin America: Key Indicators for Well Stimulation Material Demand
- Latin America: Well Stimulation Material Demand by Type
- Latin America: Well Stimulation Material Demand by Country
- Europe: Key Indicators for Well Stimulation Material Demand
- Europe: Well Stimulation Material Demand by Type
- Europe: Well Stimulation Material Demand by Country
- Asia/Pacific: Key Indicators for Well Stimulation Material Demand
- Asia/Pacific: Well Stimulation Material Demand by Type
- Asia/Pacific: Well Stimulation Material Demand by Country
- Africa/Mideast: Key Indicators for Well Stimulation Material Demand
- Africa/Mideast: Well Stimulation Material Demand by Type
SECTION VII -- INDUSTRY STRUCTURE
- Selected Acquisitions & Divestitures
- Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- Average Annual Spot Prices for Crude Oil, 1997-2007
- Average Annual Spot Prices for Natural Gas, 1997-2007
SECTION IV -- WORLD OVERVIEW
- World Well Stimulation Material Demand by Country, 2007
SECTION VII -- INDUSTRY STRUCTURE
- World Well Stimulation Material Market Share, 2007
