Houston-Based CAT Introduces New North American Production Chemicals Study
Posted on: Thursday, 26 July 2007, 09:20 CDT
The demand for production chemicals in the North American market (Canada, United States & Mexico) is approaching $1.2 billion annually and is expected to continue its growth pattern, according to a recently released study commissioned by Competitive Analysis Technologies (CAT), a Houston-based energy consulting firm.
"Production chemicals are used to assist in the production of oil and gas," said William Crowley, CAT President. "This family of industrial chemicals prevents corrosion and transfer line blockage from scale, wax, gas hydrates and asphaltenes.
"They also improve the associated water quality for re-use or disposal, neutralize harmful components of the produced hydrocarbon and either create foam or prevent its production, plus a host of other tasks," he added. "While the domestic demand for production chemicals currently is in decline, the largest single-nation market for these chemicals, the market is expanding in Canada."
The 40 companies that participate in this market are profiled in the CAT study. More specifically, the seven companies that provide the bulk of production chemicals are profiled in detail with market shares, including Baker Petrolite, BJ Chemicals, Champion Technologies, Clariant Oil Services, M-I Swaco (Production Chemicals), Multi-Chem Group and Nalco Chemical Company.
Completed this month, this unique technical market study is comprised of 280 pages of documentation with 197 footnotes, 84 charts, 97 maps, 97 spreadsheets (many with multiple worksheets) and 195 attached PDF files. Available on CD-ROM, the entire study includes 493.4 MB of information.
The study analyzes the oil and gas reserves & production (including coalbed methane) in each of Canada's producing provinces and each U.S. producing state, plus Mexico. Maps provide detailed locations of oil and gas fields, etc.
Each province and state regulatory agency is included with spreadsheets of data like the top producing operators; drilling permits; production by county or field, etc.
The study also explains why production chemicals are used and analyzes the major product lines with application and typical raw material components.
The study (data current as of July 2007; deliverable on CD-ROM) provides a dollar value and market share for each production chemical product in the North American market and estimates a cost for production chemicals per BOE produced.
To review a prospectus of the CAT technical market study, visit www.catsites.com or contact Competitive Analysis Technologies at (281) 370-1444.
Source: Business Wire
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