Abstract: A storable cement system comprises a suspending agent, a cement spacer and water. The composition may further optional contain a surfactant and/or an organic solvent and/or a weighting material. The suspending agent is preferably a carrageenan or scleroglucan. The cement system may be stored for an extended period of time prior to being interposed between a cement slurry and a drilling fluid. As such, the aqueous cement system may be made off-site and used when desired for preventing contact between non-compatible hydrocarbonaceous and aqueous fluids.