Drilling Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
HWO | C | High Arctic Energy Services Inc. | 0.87 | |
MCB | C | McCoy Global Inc. | 0.00 | |
SES | C | Secure Energy Services Inc. | -0.08 | |
HME | C | Hemisphere Energy Corporation | 0.00 | |
ESI | B | Ensign Energy Services Inc. | 0.38 | |
GEO | B | Geodrill Limited | -1.52 | |
ELD | B | Eldorado Gold Corporation | 1.16 | |
ZDC | B | Zedcor Energy Inc. | -0.53 | |
MTL | B | Mullen Group Ltd. | 0.84 | |
ORV | B | Orvana Minerals Corp. | -2.50 |
Related Industries: Aerospace & Defense Copper Engineering & Construction Gold Industrial Metals & Minerals Oil & Gas Drilling Oil & Gas E&P Oil & Gas Equipment & Services
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
PPLN | C | Global X Pipelines & Energy Services Index ETF | 8.13 | |
ZFC | C | BMO SIA Focused Canadian Equity Fund | 6.89 |
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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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