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Frac Sand

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Bentonite

  • CNMIA lays out value-added future for non-metallics

    Thursday, 09 November 2017

    The China Nonmetallic Mineral Industry Association has discussed the outlook until 2020 and listed key developments in the sector from 1987 to 2017.

  • Minerals business, Asia activity boost MTI's Q3 revenues

    Monday, 06 November 2017

    Strong chromite sales boosted the performance of MTI's minerals segment due to good conditions in its industrial and construction end-markets although its talc sales fell. The company will open a new precipitated calcium carbonate plant in Indonesia while it continues to focus on growing its business in Asia.

  • Halliburton, Schlumberger report rising US fracking activity

    Tuesday, 24 October 2017

    Halliburton reports a profit rise in the third quarter 2017, attributed to the US fracking boom boosting demand, while Schlumberger experiences falling profits

  • US drilling activity hits five-month low

    Monday, 23 October 2017

    The rig count in the USA, a proxy for drilling activity and oilfield mineral demand, has eased from its August peak.

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Barytes

  • CNMIA lays out value-added future for non-metallics

    Thursday, 09 November 2017

    The China Nonmetallic Mineral Industry Association has discussed the outlook until 2020 and listed key developments in the sector from 1987 to 2017.

  • Chinese barytes exports rise 27% in Sep

    Tuesday, 07 November 2017

    Demand for Chinese barytes is driven by competitive pricing while Indian supply remains more expensive.

  • Minerals business, Asia activity boost MTI's Q3 revenues

    Monday, 06 November 2017

    Strong chromite sales boosted the performance of MTI's minerals segment due to good conditions in its industrial and construction end-markets although its talc sales fell. The company will open a new precipitated calcium carbonate plant in Indonesia while it continues to focus on growing its business in Asia.

  • Halliburton, Schlumberger report rising US fracking activity

    Tuesday, 24 October 2017

    Halliburton reports a profit rise in the third quarter 2017, attributed to the US fracking boom boosting demand, while Schlumberger experiences falling profits

More from Barytes

Market Brief

Based on the expanding amount of exploration taking place in both conventional oil and gas markets, as well as the burgeoning shale energy industry, the demand for oilfield minerals is expected to rise.

 

The increased call for minerals used during oilfield processes has caused price volatility over the past years – especially following the US shale gas boom, which took place from 2011 and is still having an im­pact on the market today.

 

Spikes in the price of barite (barytes), potash and silica sand (frac sand) over the last seven years have caused key buyers of raw materials – drilling fluid manufacturers such as Halliburton, Baker Hughes, Schlumberger and Weatherford – to take a hit of up to $160m in one year.

 

Freight costs, lack of suitable raw material supply, and China’s pro­duction domination have all been blamed for pricespikes seen in oil­field minerals, particularly barite and potash.

 

Elsewhere, rising demand for ceramic proppants derived from bauxite and kaolin has sparked a raft of plant expansions in the US.

 

The supply and demand situation has alsoincreased the call for drill­ing minerals such as bentonite and barite.

 

Volatility in the oilfield market will remain,and the only way to overcome the gap that may open up in the supply and demandchain is to keep a close eye on industry developments.

How are industrial minerals used in fracking?

  • Drilling mud which consists of bentonite with additives such as barite, calcium carbonate and graphite is used to lubricate the drill bit.

  • Fracking fluid which consists of silica sand (1.959%) and water (97.85%) and a chemical mix (0.5%) including organic phosphonate, diatomite, calcium chloride, sodium chloride, calcium carbonate and magnesium chloride is sent down a well to ‘prop’ open fissures in the shale rock