Intercontinental Mining

Intercontinental Mining is a Kazakhstan Barite Mining Company of High Grade/High Quality Barite for the Global Oil Services Industry & Oil Drillers in: Kazakhstan, Russia, China, India, Canada & The United States of America. Established in 1996, The Company Develops a Barite Deposit to Feed the Global Oil Demand.

Barite (barium sulfate BaSO4) is one of 23 critical minerals listed in a new United States Geological Survey report that are defined as minerals essential to economic and national security and vulnerable to supply chain disruptions due to reliance on foreign imports. Approximately 80% of the U.S. barite market is imported from foreign sources. Barite is a stable sulfur-bearing mineral and is commonly used as a drilling mud product in the petroleum industry.

The mining company, founded in 1996 provides superior customer service and tremendous value for the oil industry with high grade Specific gravity‎: ‎4.2–5 American Petroleum Institute specification API 13/ISO 13500. высокое качество, высокий класс барит для бурения нефтяных скважин компании.

Intercontinental Mining resource includes: strontium, barium, barite-celestine concentrate heaver (BCCH) at the Northern Aurtas field in the Mangystau region of West Kazakhstan.  All Geology and reserves of barite-celestite ores are described and confirmed by the Ministry of Geology and the State Commission on Mineral Reserves of the Ministry of geology and subsoil protection of the Republic Kazakhstan.

Geological structure of the Severniy Aurtas field

According to geological and geophysical studies the geological structure of the Aurtas area is typical of young Epihercynian platform the folded basement of which is composed of dislocated rocks of Permian-Triassic complex. The platform cover is represented by sediments of the Jurassic, Cretaceous, Paleogene and Neogene systems. Widely developed are the Quaternary sediments of different genetic type.

What is Barite?

Baryte or barite (BaSO4) is a mineral consisting of barium sulfate. The baryte group consists of baryte, celestine, anglesite and anhydrite. Baryte is generally white or colorless, and is the main source of barium. Baryte and celestine form a solid solution (Ba,Sr)SO4.  Approximately 80 to 85 percent of the world’s consumed barite is used in drilling muds.

The global barite market, with a CAGR of 5.8% expected between 2015 and 2023, is expected to reach an overall value of US$1.84 billion in 2023. The market’s value in 2014 was US$1.11 billion.

Barite for Oil & Gas Drilling

Barite’s most desirable characteristic is its high specific gravity, which makes it the only mineral used in substantial tonnages to increase the density of water-based drilling muds. Drillers combine ground barite with bentonite, water, and other materials to manufacture “mud” at drill sites, and pump it down the drill hole, primarily to control high formation pressures and prevent explosive releases of oil and gas from the well.

Other beneficial attributes of barite mud are that:

  1. it is less expensive and performs better than other materials, such as: celestite, witherite, and hematite.
  2. it is relatively inert, insoluble, and non-toxic.
  3. it is relatively soft, and does not wear down drilling equipment
  4. it is nonmagnetic and does not interfere with instrumentation used for logging drill holes.

How Much Barite is Used for Oil & Gas Drilling?

The amount of barite used in a drill hole varies significantly. Factors that determine the amount of mud required include:

  1. the hole depth and diameter
  2. the type of rock and drilling conditions, such as fractures and hole pressure; and the amount of reusable mud.

A hole drilled offshore in the Gulf of Mexico to a depth of 7,500 meters (m) may use about 1,000 t of barite, roughly 40 t per 300 m, while onshore vertical drilling usually requires less, primarily owing to lower pressure, at roughly 11 t per 300 m.

Barite Used for Horizontal Oil Drilling

Horizontal drilling can consume substantially less barite than vertical drilling due to lower pressures and less permeable or “tighter” oil and gas reservoir rocks.

Facts About Barite

The U.S. government lists Barite as a National Strategic and Critical Mineral (National Strategic and Critical Minerals Production Act of 2013).

Currently, the United States is nearly 100 percent reliant on foreign countries, such as China, for rare earth elements and other critical and strategic minerals that are vital components to America’s manufacturing sector.

Critical and strategic minerals are fundamental components of technologies and everyday items ranging from cell phones, computers, medical equipment, renewable energy products, high-tech military equipment, building materials, and common household products.

Barite- National Strategic and Critical Mineral

The National Strategic and Critical Minerals Production Act (H.R. 761), allows the United States to more efficiently develop the US’s strategic and critical minerals, such as rare earth elements, that are vital to job creation, American economic competitiveness and national security.

What is Strontium?

Strontium, an alkaline earth metal, ranks 15th in terms of abundance among elements found in the earth’s crust, occurring as Strontianite and Celestine mineral ores. Strontium (Sr) is obtained from two primary minerals: Celestine (consisting of strontium sulphate) and Strontianite (consisting of strontium carbonate).  The application segment includes: pyrotechnics, ferrite magnets, master alloys, paints & coatings, medical, zinc refining, and others.

What is Strontium Used For?

Strontium is predominantly employed in pyrotechnics and the production of ceramic ferrite magnets. It acts as a luminescence and anti-corrosive factor in paints & coatings and is utilized in small amounts in the medical industry as well.

Intercontinental Mining is a Kazakhstan Barite Mining Company of High Grade/High Quality Barite for the Global Oil Services Industry & Oil Drillers in Mexico, China, United States, Russia, India.