The process of oilfield stimulation is primarily used for recovery and improvement in the flow of hydrocarbons from drilling wells. Various chemicals are applied for different processes of oil extraction, such as biocides, water control polymers, acids, gelling agents/viscosities, corrosion inhibitors, friction reducers, breaker, and iron control agents. Among these, gelling agents are the most widely used oilfield stimulation chemicals. With advancements in technology and innovations in chemical industry, oilfield stimulation process has become extremely less cumbersome.
Oilfield Stimulation Chemicals market can be classified into gelling agents, friction reducers, surfactants, corrosion & scale inhibitors, acids, and others such as biocides and cross linkers.
Stimulation is key to maximizing reservoir production in shale gas or tight oil basins. Solvay's broad offer in stimulation is able to meet the needs of almost any well and ensure performance, efficiency and optimal recovery. The most frequently used stimulation techniques are hydraulic fracturing - which can be accomplished using gelled fluid and slickwater systems - and matrix acidizing.
Well stimulation activities such as hydraulic fracturing are considered to be an indispensible component of developing the immense reserves of oil and gas held by shale formations. Growth has been supported by companies looking to establish a foothold in the shale gas segment because it is expected to be an increasingly important element of the domestic energy supply.
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