Density
The density at all points of a homogeneous object equals its total mass divided by its total volume. The mass is normally measured with a scale or balance; the volume may be measured directly (from the geometry of the object) or by the displacement of a fluid. To determine the density of a liquid or a gas, a hydrometer, a dasymeter or a Coriolis flow meter may be used, respectively. Similarly, hydrostatic weighing uses the displacement of water due to a submerged object to determine the density of the object.
Annular velocity
The other major variable is the rheology of the drilling fluid. Rheology is sometimes thought of as viscosity to the uninitiated, though improperly. Viscosity (sometimes thought of as its thickness) is a very basic measurement of the fluids resistance to change in movement or flow. The viscosity of a fluid can be measured with a Marsh Funnel. Rheology is the study of viscosity and requires more precise and complicated procedures and equipment for its determination. For drilling fluid applications a rheometer is used.