Drilling Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
TOT | A | Total Energy Services Inc. | 1.13 | |
MTL | A | Mullen Group Ltd. | -1.28 | |
HTC | B | HTC Purenergy Inc. | 0.00 | |
CEU | B | Canadian Energy Services & Technology Corp. | -0.66 | |
FTG | B | Firan Technology Group Corporation | 0.40 | |
ZDC | B | Zedcor Energy Inc. | 0.31 | |
SNM | B | ShaMaran Petroleum Corp. | -10.00 | |
SES | B | Secure Energy Services Inc. | -0.06 | |
ESI | B | Ensign Energy Services Inc. | -1.64 | |
GEO | B | Geodrill Limited | 0.00 |
Related Industries: Beverages - Soft Drinks Confectioners Diagnostics & Research Drug Manufacturers - Major Electronic Components Household & Personal Products Specialty Retail Trucking
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
PPLN | B | Global X Pipelines & Energy Services Index ETF | 17.11 | |
HOG | B | Horizons Canadian Midstream Oil & Gas Index ETF | 8.23 |
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- Drilling
Drilling is a cutting process that uses a drill bit to cut a hole of circular cross-section in solid materials. The drill bit is usually a rotary cutting tool, often multi-point. The bit is pressed against the work-piece and rotated at rates from hundreds to thousands of revolutions per minute. This forces the cutting edge against the work-piece, cutting off chips (swarf) from the hole as it is drilled.
In rock drilling, the hole is usually not made through a circular cutting motion, though the bit is usually rotated. Instead, the hole is usually made by hammering a drill bit into the hole with quickly repeated short movements. The hammering action can be performed from outside the hole (top-hammer drill) or within the hole (down-the-hole drill, DTH). Drills used for horizontal drilling are called drifter drills.
In rare cases, specially-shaped bits are used to cut holes of non-circular cross-section; a square cross-section is possible.
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