Nanomaterials are materials that possess unique properties due to their high specific surface area and quantum effects. Nanomaterials have diverse applications in different fields including the petroleum and gas industry as additives. One of the classes of nanomaterials that currently have potential usage in the downstream, midstream, and upstream processes of the petroleum industry is nanoparticles (NPs). Among the upstream processes in the petroleum and gas industry is the drilling operations. It is popular that the most critical features that ensure the success of a drilling operation are the rheological and filtration loss characteristics of the drilling fluid. The current work deals with the synthesis of green uncoated and polymer-coated green magnetite nanoparticles (MNPs). The MNPs were characterized and assessed as rheology and filtration loss modifiers for water-based drilling fluids. The optimum formulation design of drilling fluids incorporated the MNPs for high-performance drilling fluids in terms of density, rheological, filtration loss, and sagging properties was identified. The effect of temperature (ambient − 80 °C), and aging time (6–248 h) on the investigated properties were evaluated. The results confirmed that optimum values for plastic viscosity, apparent viscosity, yield Point, gel strength (10sec), gel strength (10 min), mud thickness, and sag index were 13.77 cP, 69.69 cP, 89.87 lb/100ft2, 86.75 lb/100ft2, 128.38 lb/100ft2, ≤ 1 mm, and 0.511, respectively. Most of those values could be reached using an optimum formulation involving 0.92 % MNPs at ambient temperature. Increasing the temperature displays a decrease in the values while increasing the aging time displays an increase in the values. Drilling fluids with MNPs showed insignificant changes in the investigated properties with increasing temperature in particular those incorporated with polymer-coated MNPs compared to the water-based drilling fluids.
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