Evolving
innovation in oilfield chemicals is one of the key reasons for an exponential
growth of the sector. Projected to hit $35 billion market size by 2030 at a
compound annual growth rate of 3.2%, the demand of speciality chemicals will be
on surge in coming times, with rise in demand for oil & gas feedstock. The
progress in field exploration and deep-water drilling advancements will only
add to the rise. The industry undergoes most critical processes and operational
procedures, and thereby requires easy, smooth and sophisticated methods for
exploitation. As a consequence, speciality chemicals for oil and gas have gained
enormous attention in recent years, owing to the extensive role they have in
hydrocarbon recovery which contributes to the economic growth of state affairs.
Three main categories of this industry are Upstream, Midstream and Downstream,
where Upstream deals with exploration and production, Midstream with
transportation through pipelines and Downstream sector involved in processing
of the raw crude obtained from the Upstream sector. Here, the speciality
chemicals come up with drilling optimization, enhanced oil recovery, metal protection,
loss circulation inhibition, fluid stabilization and various other concerns.
PHPA,
Triazines, Primary / Secondary / Tertiary Amines, Quaternary Salts, Polyhydric
Alcohols, Keto-amines, Organo-phosphonates, Co & Ter Polymers,
Polycarboxylates, Aldehydes, Film Forming Amines, Silicones, Ethoxylated
Phenols, Glycols, Acetates, Fatty Acids are some of the regular formulations
that are blended with water, aromatic / non – aromatic solvents to manufacture
speciality chemicals for use in drilling, extraction, production, oil recovery,
storage, transportation and refining of crude oil & gas.
Using
processes like Amidation, Quaternization, Saponification, Polymerization,
Cyclization, Ring Closure Reactions, and others, organic specialties such as
Corrosion and Scale Inhibitors, Demulsifiers, Flow Assurance Agents, H2S
Scavengers, Sweet and Sour Gas Neutralizers, Drilling Mud Additives, Biocides, Surfactants,
Emulsifiers, Lubricants are manufactured, for use in all operational units of
an oilfield and a refinery.
Impact
quotient in chemicals used in oil and gas industry:
·
Higher yield in production at drilling
sites and refinery processes, with minimal dosing and application
·
Optimum protection to metallic surfaces
from highly corrosive agents that comes out during crude oil extraction
·
Lesser exposure to toxic chemicals
·
Nearly cent percent extraction within
limited operational steps
·
Zero to negligible toxic waste, eliminates
costly remediation, hazardous leftovers, and end-of-the-pipe treatments
·
Significantly reduced use of landfills
with hazardous wastes causing no harm to environment, eco-system
·
Saves time and assures monetary benefits
for the owners and stakeholders
Chemtex
Speciality Limited offers a wide range of its speciality chemicals used in
oilfields and refineries, serving all leading production units across the
globe. Chemtex is affiliated with ISO 9001:2015, EMS 14001:2015, ISO 45001:2018
standards, GeM registered OEM and has GMP certified state of art production
facility.
For
more information, visit https://www.chemtexltd.com/products-and-solutions/energy-chemicals/