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Drilling fluids market stagnant

16 September 2009

by Mark Watts

Baker Hughes sees no pick-up in North American demand until gas recovers

Keywords: Baker Hughes, BJ services, drilling fluids, barite, pressure pumping

The North American market for drilling fluids is expected remain weak over the coming year if the gas market fails to recover from its slump, according to an executive from Houston-based oilfield services group Baker Hughes Inc.

Oil and gas exploration in North America has dropped 51% year on year, according...