This study represents the newly advanced formulation of hydraulic fluids for extended drain interval and introduces the performance results of used oil samples from various excavators. The used oil samples, in this paper, show that there is a sharp change in viscosity drop and moderate additive depletion when viscosity index of hydraulic oil is very high. For the extension of hydraulic fluid life, it is necessary to improve the stability of viscosity and oxidation. New target properties from the used oil analysis were proposed for extended life. Performance of newly developed hydraulic oil based on used oil analysis is compared with previously used one. The properties of new formulation are the viscosity index of 140 and improved thermal stability consists of VHVI base oil. Field test results showed the possibility of extension of fluid life. Additionally, for development of high performance product, new required propertied and performances were discussed.