In recent decades, the demand for oil and gas has surged, prompting the identification of new oil fields in challenging reservoir environments those characterized by high-pressure and high-temperature (HPHT) conditions. The development of high-performance aqueous-based drilling fluids with tailored properties aims to enhance extraction processes in the oil industry and reducing environmental contamination mainly caused by oil-based fluids. This study aims to investigate how variations in parameters such as temperature, pressure and concentration impact the thermal and rheological properties of xanthan gum suspensions with oxidized hexagonal boron nitride (hBN-oxi) nanostructures. The thermal conductivity was significantly increased by the addition of hBN-oxi nanoparticles (6.0 wt percent suspension) to the base fluid, reaching an increase of up to 12 percent at 70 degrees C. These nanostructures played a crucial role in preserving the thermal conductivity of xanthan gum suspensions even at elevated temperatures. The presence of nanoparticles at the highest concentration induced a yield stress in the fluid and when subjected to high shear rates, experienced a viscosity drop of only 16 percent at 80 degrees C. These adverse effects of temperature and pressure on viscosity were mitigated by the interaction between the polymer matrix and hBN-oxi. Overall, the study highlighted the potential of boron nitride as a nanoadditive for conventional drilling fluids, showing that properly designed formulations can improve performance even in challenging conditions without causing harm to the environment, thanks to the material s high thermal and chemical stability.