Pars Drilling Fluids (PDF)

What Pars Drilling Fluids (PDF) does

Pars Drilling Fluids (PDF) is a privately held Iranian drilling fluids service company founded in 2002 by Dr. Koorosh Tahmasbi and headquartered in Tehran. The company is registered as an "Industrial Knowledge-Based" enterprise and operates the only ISO/IEC 17025 accredited private drilling fluids laboratory in Iran, with additional field laboratories in Ahvaz and on Kish Island and a manufacturing plant in Zavieh. PDF provides total fluids management to national and international oil and gas operators in Iran, combining drilling fluids engineering, specialty chemical formulation and supply, solids control, waste management, and ISO/IEC 17025 accredited laboratory services.

Its technology platform centers on a proprietary portfolio of branded drilling fluid systems — including GLYCO-DRILL, OBM-DRILL, SYNTHO-DRILL, CLAY-BOND, HPHT-DRILL, SHALE-FREE, FORMA-DRILL, CARBA-DRILL, LUB-DRILL, and STUCK-LESS — covering water-based, oil-based, and synthetic-based fluids with temperature stability up to 400°F and HPHT/HPWBM capabilities. These formulations are designed for Iranian geological conditions, particularly reactive shale, deep and deviated wells, and reservoir protection, and are supported by in-house R&D, an R&D center at Khuzestan Technology Park, and academic collaborations with Sharif University, Petroleum University of Technology, Imperial College London, and Curtin University.

Commercially, PDF generates revenue through integrated drilling fluids contracts (engineering + materials + operational service), specialty chemical and material supply, ISO-accredited laboratory services for third parties, and training/Mud School programs. Sales are project-based via direct enterprise engagement with NIOC and its subsidiaries (NIDC, POGC, PEDEC, IOOC, SZOGPC, NISOC), international operators in Iran (ENI, CNPC, SINOPEC), and drilling contractors (DCI, Petropars, IOEC, OEID, IDC, DANA Kish). PDF has drilled more than 300 well sections across South Pars, North Azadegan, Yadavaran, Ahwaz, Marun, Darquin, and other major Iranian fields since inception.

Name

Pars Drilling Fluids (PDF)

Legal name

Pars Drilling Fluid Inc.

Website

https://parsdrill.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Short description

Pars Drilling Fluids (PDF) is a privately held Iranian drilling fluids service company founded in 2002 that provides integrated fluids engineering, specialty chemicals, laboratory services, and waste management to national and international oil and gas operators active in Iran's onshore and offshore fields.

Ownership category

akta.pro rank

Product category

Oilfield Drilling Fluids Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Mining (21311)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro industry

PRIMARYEUALABAG

Drilling Fluids, Solids Control & Waste Handling

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

Keywords

• Drilling fluids services
• Oilfield specialty chemicals
• Completion fluids
• Waste management services
• HPHT drilling fluids

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Integrated Drilling Fluids Services: Comprehensive integrated service contracts covering drilling fluids engineering, material supply, and operational services for onshore and offshore drilling projects. Revenue is generated through project-based contracts with major oil and gas operators in Iran.
2. Specialty Chemicals and Drilling Fluid Materials Supply: Supply of proprietary specialty chemicals and drilling fluid materials including barite, bentonite, polymers, and custom-formulated additives. Materials sourced from qualified local and international suppliers.
3. Laboratory and QC Services: ISO/IEC 17025 accredited laboratory services for quality control of drilling fluid materials, fluid testing, formation damage evaluation, and environmental testing for third-party clients including oil companies, manufacturers, and universities.
4. Training and Mud School Services: Professional training courses in drilling fluids, solids control, and waste management delivered in partnership with international academic institutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pars Drilling Fluids (PDF) provides integrated drilling fluids engineering, specialty chemical supply, and operational services for oil and gas exploration and production wells in Iran. The company formulates and supplies proprietary water-based, oil-based, and synthetic-based drilling fluid systems, completion fluids, lost circulation products, and specialty chemicals, delivered under integrated service contracts with onshore and offshore operators. Supporting services include accredited laboratory testing (ISO/IEC 17025), solids control, waste management, formation damage mitigation, and professional drilling fluids training (Mud School).

Product overview

Pars Drilling Fluids (PDF) is a drilling fluids service company established in 2002, offering an integrated portfolio of drilling fluid systems, completion fluids, and specialty chemicals. The core offerings include multiple specialized drilling fluid systems (GLYCO-DRILL, CLAY-BOND, SYNTHO-DRILL, OBM-DRILL, HPHT-DRILL, CARBA-DRILL, FORMA-DRILL, and others) designed for different well conditions, complemented by completion fluid systems (WELL-TESTING, COMPLETION-FLUID, PACKER, WORK-OVER), lost circulation products (Well Plug, CARBA-PILL, Rock-Bond), and specialty chemicals (STUCK-LESS, LPM-BRIDGE, WELL CLEAN FLUID SYSTEM). The company also provides engineering services, waste management, solids control, and laboratory services, supported by proprietary FLUID-TRACK software. The product portfolio is delivered as integrated service packages rather than standalone products, combining materials supply, engineering design, operational execution, and technical support.

Differentiator

Problem solved

Functional benefit

Products and services

• Drilling Fluid Systems (Water-Based, Oil-Based, Synthetic-Based Mud) Proprietary portfolio of drilling fluid systems covering water-based muds (WBM), oil-based muds (OBM), and synthetic-based muds (SBM) for various well conditions including HPHT, reactive shale, directional/horizontal drilling, and reservoir sections. Temperature stability ranges up to 400°F; fluid systems are designed for shale inhibition, ROP enhancement, torque/drag reduction, and minimal formation damage. Used by oil and gas operators on onshore and offshore wells.
• Completion Fluid Systems (Well-Testing, Completion-Fluid, Packer, Work-Over) Specialized completion and workover fluid systems for well completion, testing, packer, and workover operations, including a complete range of completion fluids (Sodium Chloride, Potassium Chloride, Calcium Chloride, Zinc Chloride, Calcium Bromide, Sodium Bromide, Zinc Bromide, Potassium Nitrate, Sodium Nitrate). Designed for oil and gas operators conducting well completion and intervention operations.
• Lost Circulation Products (Well Plug, CARBA-PILL, Rock-Bond) Lost circulation materials designed to prevent and remedy fluid loss in fractured and high permeable zones. Well Plug is a water-based fluid compatible with all drilling fluids using synthetic bio-polymers and borate minerals for extreme losses; CARBA-PILL uses calcium carbonate for reservoir applications with acid-removable filter cake; Rock-Bond provides wellbore strength in low pressure/low strength zones. Used by drilling operators to address lost circulation issues.
• Specialty Chemicals (STUCK-LESS, LPM-BRIDGE, WELL CLEAN FLUID SYSTEM) Specialty chemical products supplementing drilling fluids. STUCK-LESS is a solid product mixed in drilling fluids as background preventative treatment to lower torque, drag, and stuck pipes in non-reservoir formations. LPM-BRIDGE is a high-performance cellulosic non-invasive LPM creating ultra-thin filter-cake to prevent seepage losses. WELL CLEAN FLUID SYSTEM uniformly removes formation damage to optimize well productivity. Sold to oil and gas operators as value-added chemical inputs.
• FLUID-TRACK Software Comprehensive tracking and data-recording software synchronized with PDF's Performance Tracking System. Captures all necessary data to provide clients with reporting meeting or exceeding ASME reporting formats and requirements. Used by oil and gas operators to monitor drilling fluid parameters and performance.
• Drilling Fluids Engineering Services Integrated drilling fluids engineering services including fluid system design, formulation selection, and engineering support for onshore and offshore drilling projects. Delivered as part of integrated service contracts to national oil companies and international operators.
• Operational Services (Onshore and Offshore Drilling Fluids Operations) On-site drilling fluids operational services delivered on rigs for both onshore and offshore projects, including 24-hour support for South Pars offshore projects. Covers mud engineering, materials handling, and on-site fluid management.
• Solids Control Services Solids control services during drilling operations to manage drilled cuttings, optimize fluid recovery, and reduce operational costs. Includes recycling and re-use of drilling fluids.
• Waste Management Services Comprehensive drilling waste management solutions including mechanical treatment, biological treatment, 3-phase separation, and zero-discharge plans. Provides environmentally acceptable procedures to reduce contaminated discharged cuttings and improve fluid recovery.
• Formation Damage Mitigation and Production Enhancement Services Services to minimize formation damage during drilling and completion, including reservoir-compatible drill-in fluids, well clean-up systems, and production enhancement treatments. Established as a dedicated Production Enhancement Department in 2020.
• Laboratory and QC Services (ISO/IEC 17025 Accredited) ISO/IEC 17025:2005 accredited laboratory testing services including quality control of drilling fluid additives, rheological properties evaluation, HPHT testing, formation damage assessment, and compliance with API, ASTM, OCMA standards. Offered to oil and gas companies, materials manufacturers, customs authorities, and universities across Iran.
• Training Services and Mud School Professional training courses in drilling fluids, solids control, and waste management delivered in partnership with international academic institutions including Imperial College London, Cambridge, Lamberti Group, and ADDCON. Includes Mud School programs for NIDC and other client personnel.
• Specialty Chemicals and Drilling Fluid Materials Supply Supply of proprietary specialty chemicals and drilling fluid materials including barite, bentonite, polymers, and custom-formulated additives for WBM, OBM, SBM, completion and workover fluids. Materials sourced from qualified local and international suppliers evaluated against API, OCMA, and NIOC standards.

Quantifiable outcome

• Successfully drilled Ahwaz Well No. 426 using GLYCO-DRILL FLUID SYSTEM as replacement for OBM
• +5 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature15 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• NIDC (National Iranian Drilling Company)coreStrategic or Co-development PartnerPDF is registered in NIDC and NIOC EXP Vendor Lists for provision of drilling fluids. NIDC is Iran's national drilling company and a key client for drilling fluids services. PDF has supplied drilling fluids for Azar Exploration Oil Field and provided services for multiple NIDC projects.
• HalliburtoncoreStrategic or Co-development PartnerPDF is registered in Halliburton's Approved Vendor List (AVL), indicating a formal vendor partnership for drilling fluids materials and services.
• Baker HughescoreStrategic or Co-development PartnerPDF is registered in Baker Hughes' Approved Vendor List (AVL). ENI/Baker Hughes partnership involved supply of drilling fluids materials for Darquin Development Phase II (15 wells).
• ENI (Ente Nazionale Idrocarburi)coreStrategic or Co-development PartnerPDF is registered in ENI Approved Vendor List for Phases 4 & 5 Workover Operations. Successfully completed 4 wells for ENI in Darquin Oil Field (2007-2011) and provided services for SPD 6-11 workover. Long-standing operational relationship.
• Sharif University of TechnologymajorStrategic or Co-development PartnerMOU signed for research collaboration. PDF and Sharif University co-organized IADFT 2015 Conference at Kish Island and have collaborated on technical papers including research on Nano Silica-Alumina Based Drilling Fluid.
• Petroleum University of TechnologymajorStrategic or Co-development PartnerExpanded Research Department in collaboration with Petroleum University of Technology. Partnership for R&D activities and technical talent development.
• Curtin University (Australia)minorStrategic or Co-development PartnerInternational academic partnership for research collaboration in drilling fluids technology. Part of PDF's network of partnerships with international universities.
• Imperial College LondonmajorStrategic or Co-development PartnerInternational academic partner involved in IADFT 2015 Conference and training courses. Presented at 'Best Practices & Recent Research Topics in Drilling Fluids' seminar (2014) and 2015 conference.
• Khuzestan Technology ParkmajorStrategic or Co-development PartnerPDF's Research Center is registered in Khuzestan Technology Park. Research office established at the technology park to support R&D activities in drilling fluids.
• Society of Petroleum Engineers (SPE) - Iran SectionminorStrategic or Co-development PartnerPDF cooperates with SPE International and APOGCE Technical Committee. Involved in APOGCE 2017 conference as technical committee member and panel co-chair.

Scale indicators8 records

Recent moves11 records

Expansion highlights4 records

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pars-drilling-fluids

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pars Drilling Fluids (PDF)