Home » Archive

Articles tagged with: oil invest

Oil Investing »

[23 Apr 2010 | ]
Drilling Methods

There are various ways that oil is drilled. Factors such as the location of the oil, the material that needs to be drilled through, and the depth the well needs to be drilled, will all affect which method of drilling that will be used.  A qualified geologist or hydrologist decides which drilling method to use.
Hollow-Stem Auger Drilling Method
The hollow-stem auger mechanically excavates as it drills. The outside diameter can be as wide as 14 inches. This type of auger allows access to the bottom of the hole that is being …

Oil Investing »

[22 Apr 2010 | ]
3D Imaging and Oil Drilling

There are many advances in oil drilling; the new technology is making things possible that at one time were only a wish or a dream. One of these advances is the using 3D imaging to aid in oil drilling. 3D imaging can be used for seismic exploration and to monitor reservoirs.
There are different reasons that technology keeps trying to improve drilling techniques. One of the main reasons is to reduce costs. This benefits everyone all the way down the line to the consumer. Other reasons to improve drilling techniques:

Increase …

Headline, Investments, Press Releases »

[14 Apr 2010 | ]
Oil Investors Confident in New Drilling Opportunity

(Vocus/PRWEB ) April 14, 2010 — Liquid gold surges just below the surface of Navarro County, Texas, bringing heavy investors to the Lone Star State. Exxon Mobil Production Company has already announced plans to begin drilling sometime during the first quarter of 2010, and other companies are following suit. Just a hundred miles away – a mere trickle in terms of underground oil reservoirs – Max Tech Oil likewise plans to tap the resource, a plan that has investors smiling wide. The area, formerly owned by Exxon …