If there is any one market that is showing an upward trend in terms of production, transactions, infrastructure and development, it is Oil and Gas industry. This sector plays a key role in deciding the fate of the world economy. This sector is accelerated by the uniform increase in drilling oil production, which is directly proportional to the demand for oilfield chemicals.
Oilfield chemical are specialty formulations utilized in oilfields applications and drilling well sites. The efficiency and productivity of the oil field machineries and application areas depends on well site operations that cost-effectively maximizes recovery of oil and gas reserves and minimizes the impact on the environment. Oil field chemicals impart unique capabilities and functionality to the operational sites for well drilling completion and intervention services. Oilfield chemical majorly caters to three sub sectors, viz. Upstream, Midstream and Downstream.
Since Oil and Gas industry involves huge investment in terms of capital, manpower and technology, smooth operations of every functional unit is always expected. It has been observed in recent times the increasing demand of easy and more convenient mechanisms for drilling and extracting applications. The rate at which oil field chemicals are taking over mechanical prospects proves about their conventionality as well as prudential performance on their utilization. Operating machines and mechanisms were subjected to their extreme points just for drilling application which would often lead to shortage of time for calibrating and adjusting the formulations in order to achieve optimal results. But using oilfield specialty chemicals under same limited resource has ensured maximum recovery of the crude products, increasing the working output and efficiency.
Let us look at the advantages of the using these chemicals:
Upstream are the on field sites where drilling and extraction of crude oil take place. Looking for potential sites, drilling, and extracting the raw product comes under the upstream working categories. Range of Chemicals that find applications in the upstream are:
Another major part of oil and gas industries is midstream. This part involves the transportation of crude oil to various refineries through various oil channels, pipelines, oil-tankers etc.
Midstream chemicals that find applications in this particular sectors are:
Oil field Downstream: This part involves refining and purification of crude oil for end user applications through various processing and methods. The end use products that follows after refining / purification are petrol, diesel, kerosene, fuel, natural gases, LPG and different other types of petro-chemicals.
Downstream chemicals that find applications in this particular sectors are: