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Global Drilling Fluids Market Size is Projected to Reach USD 11.29 billion by 2030, Growing at a CAGR of 4.34%: Straits Research [Yahoo! Finance]

NOV Inc. (NOV) 
Last nov inc. earnings: 4/27 06:45 pm Check Earnings Report
US:NYSE Investor Relations: nov.com
Company Research Source: Yahoo! Finance
drilling activities all over the world, which will, in turn, drive the drilling fluids market growth. New York, United States , Feb. 19, 2024 (GLOBE NEWSWIRE) -- A borehole into the earth is drilled with the help of drilling fluid, also known as drilling mud. Boreholes are drilled to extract oil and gas, core samples, and other uses. Drilling fluids perform various tasks, including regulating formation pressures, clearing drilling debris from the wellbore, sealing permeable formations encountered during drilling, cooling, lubricating the bit, transferring hydraulic energy to downhole bits and tools, and preserving wellbore stability and well control. A healthy growth rate for the worldwide drilling fluids market is anticipated between 2022 and 2030 due to increased funding for offshore oil and gas exploration and production. Exploiting their unconventional gas resources has become more popular worldwide thanks to shale oil and gas exploration growth. Along with improvements in dri Show less Read more
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