A system includes a neutron source positionable within a wellbore to emit one or more neutrons toward a formation surrounding the wellbore. The system also includes a gamma ray detector positionable within the wellbore to detect gamma rays. Further, the system includes a gamma ray analyzer that can perform operations. The operations can include receiving data indicating detected gamma rays from the gamma ray detector. Additionally, the operations include determining, from the data indicating the detected gamma rays, an amount of activated tracer material present within the wellbore originating from non-radioactive tracer material of drill-in fluid. The operations also include determining, from the amount of activated tracer material, an amount of filtercake buildup in a wellbore, a depth of fluid-loss filtrate into the formation surrounding the wellbore, or a combination thereof.