One or more embodiments presently described are directed to lubricants and methods for making such lubricants. According to one embodiment, a lubricant suitable for use in a water-based drilling fluid may comprise one or more alkyl esters and a fatty acid blend comprising one or more medium-chain fatty acids. The one or more medium-chain fatty acids may be at least 50 weight percent (wt. %) of the fatty acid blend. The weight ratio of the one or more alkyl esters to the fatty acid blend may be from 1:1 to 3:1.