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June 14, 2017

Volume 17 Issue 42

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Drilling Fluid Demand to Rise

U.S. drilling fluid demand is projected to rise 11 percent per year to 1.45 billion gallons in 2021, driven by a recovery in drilling activity and increases in the average fluid used per well, Freedonia found. The industry research firm noted drilling fluid demand grew to $1.6 billion in 2016.