Venezuela looks to cheaper iron ore to replace barite in drilling fluid

• Autores: William Clarke
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 603, 2018 (Ejemplar dedicado a: Julio-Agosto)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The dollar-starved South American oil exporter is looking to local materials to replace imported barite in drilling mud.

    Venezuela’s cash-starved state-owned oil company, PDVSA, is turning to local iron ore to replace expensive barite as a weighting agent in drilling fluids.

    PDVSA could save around $100 million per year by substituting iron oxide for dollar purchases of barite in drilling mud, it believes.

    Intevep, PDVSA’s research subsidiary, has developed a drilling fluid using iron ore mined in Bolivar state from Siderúrgica de Venezuela - Ferrominera del Orinoco Corp.