Microbubble drag reduction (MBDR) is an effective method to improve the efficiency of fluid systems. MBDR is a field that has been extensively studied in the past, and experimental values of up to 80% to 90% drag reduction have been obtained. The effectiveness and simplicity of MBDR makes it a viable method for real world applications, particularly in naval applications where it can reduce the drag between the surface of ships and the surrounding water. A two dimensional single phase model was created in ANSYS Fluent to effectively model the behavior of bubble laden flow over a flat plate. This model was used to analyze the effectiveness of MBDR based on the following factors: Reynolds number, types of gas injected, upstream flow velocity, upstream fluid type, density ratio, flow rate of injected gas, using air as the upstream injected fluid.