High performance water based fluid

1. A fluid, comprising:

an aqueous based continuous phase;

a pH adjusting additive consisting of formic acid;

a first clay hydration suppressant agent having the formula:

wherein x is a value less than 15;

a second clay hydration suppressant agent comprising a diamine;

a sealing additive comprising a plurality of dry particles of a latex-starch copolymer, wherein

the dry particles of the latex-starch copolymer have steric stabilization and a multimodal size distribution and

the sealing additive is present at a concentration ranging from 1.5% to 3% by volume of the fluid; and

an anionic polymer encapsulating agent having balanced charge species and charge density and comprising a copolymer of hydroxypropyl acrylate and acrylic acid having a molecular weight in a range of 100,000 to 900,000.

2. The fluid of claim 1 , wherein x has an average number between about 1 and about 5.

3. The fluid of claim 1 , wherein the first clay hydration suppressant agent is present in the fluid at a concentration from about 2 volume percent to about 4 volume percent.

4. The fluid of claim 1 , wherein the formic acid is used in such an amount to acidify the fluid to a pH of less than 8.5.

5. The fluid of claim 4 , wherein the pH of the fluid is from about 8 to about 8.5.

6. The fluid of claim 1 , wherein a ratio of the first clay hydration suppressant agent to the formic acid is from about 2:1 to about 3:1.

7. The fluid of claim 1 , further comprising at least one weight material selected from the group consisting of barite, hematite, iron oxide, calcium carbonate, magnesium carbonate, organic and inorganic salts, and combinations thereof.

8. The fluid of claim 1 , wherein the diamine is hexamethylenediamine.

9. The fluid of claim 1 , wherein the aqueous based continuous phase is selected from the group consisting of fresh water, sea water, brine, mixtures of water and water soluble organic compounds, and mixtures thereof.

10. The fluid of claim 1 , wherein the multimodal size distribution of the dry particles has a first peak in the range of about 0.2 microns to 0.5 microns and a second peak in the range of about 2.5 microns to 6 microns, wherein about 9 to 35 percent of the dry particles fall within a size range of about 0.1 to 1 micron.

11. The fluid of claim 10 , wherein about 60 to 91 percent of the dry particles fall within a size range of about 1.0 to 50 microns.

12. The fluid of claim 11 , wherein at most 5% of the dry particles have a size larger than 50 microns.

13. The fluid of claim 1 , wherein the multimodal size distribution of the dry particles has a first peak in the range of about 0.2 microns to 0.5 microns and a second peak in the range of about 2.5 microns to 6 microns, wherein about 9 to 35 percent of the dry particles fall within a size range of about 0.1 to 1 micron.

14. A fluid, comprising:

an aqueous based continuous phase;

a pH adjusting additive consisting of formic acid;

a clay hydration suppressant agent having the formula:

wherein x is a value less than 15; and

an encapsulating agent comprising an anionic polymer with balanced charge species and charge density and a molecular weight in a range of 100,000 to 900,000, wherein the anionic polymer is a copolymer of 10-20% hydroxypropyl acrylate and 80-90% acrylic acid.

15. The fluid of claim 1 , further comprising an anti-accretion additive mixture comprising at least one of:

a lubricant;

a surfactant; and

a non-aqueous carrier blend.

16. The fluid of claim 15 , wherein at least the lubricant and the non-aqueous carrier blend are present in the anti-accretion additive mixture, the lubricant comprises an ester, and the non-aqueous carrier blend comprise a paraffin.

17. The fluid of claim 1 , further comprising an anti-accretion additive mixture comprising:

a lubricant comprising an ester;

a surfactant; and

an optional non-aqueous carrier blend,

wherein the anti-accretion additive mixture is present in the fluid at a concentration from 1.5% to 3% by volume of the fluid.