This document provides an overview of drilling fluids and their role in drilling operations. It discusses the components and properties of drilling fluids, including continuous and dispersed phases as well as additives. The types of drilling fluids are described, including water-based muds, oil-based muds, gases, and gas-liquid mixtures. The key functions of drilling fluids to support drilling operations are also outlined. The document concludes with discussions of pressure terminologies and examples of calculations related to drilling fluid properties and components.