Posts Tagged ‘oil well funding’
The Steps for Oil and Gas Development Projects
There are several steps that oil and gas developments undergo in the process to become successful, producing mines. Traditional oil and gas extraction techniques are classified into four different categories, as noted below. Exploration – This process includes searching for valuable rock formations that contain or are highly likely to contain natural oil or gas […]
Learn More >>What is Metallurgical Assay?
Mineloans.com offers prospectors gold mine loans. While many requirements must be met, including geological reports, executive business plans, permits, claims and financial information, Mineloans.com also requires assay reports. Assay reports are specific to the raw mineral industry and they are an analysis of alloy, ore or metals. Different assay methods are used depending upon the […]
Learn More >>Geologists: A Glimpse Into Scientific Careers
The role of geologists depends upon locations. In modern-day, developed countries, geologists generally prospect for gas, oil and coal. These materials are used in today’s construction processes. In underdeveloped countries, geologists focus on protecting the environment, helping to prevent further destruction from centuries’ past mineral extractions that left lands barren and useless. Geologists also focus […]
Learn More >>The Costs of Gold Mining
The true costs of gold mining can be staggering, but mining has the potential to be extremely profitable. Experts believe that the world contains more than 3 billion ounces of gold and only 50 of the world’s leading gold mines contain 33-percent of gold reserves. This leaves a substantial amount of gold up for grabs, […]
Learn More >>Surprise! Products Made From Oil
As the world’s population increases, so too does the demand for oil. Petroleum, also known as oil, is a widely used substance, which is why the price per barrel of oil has a dramatic effect on pocketbooks worldwide. More than just pumping gas and taking care of cars, oil is used in endless products, which […]
Learn More >>Oil Production Helps Attract Infrastructure
U.S. oil production helps boost domestic oil supplies while increasing infrastructure. A prime example of a modern day oil boom is North Dakota. Across the state, demand for housing, drilling rigs, office space and pumping units has expanded at an alarming rate, one that can literally not be met. Oil production in this area has […]
Learn More >>Locating Coal Deposits: A How To Guide
Coal appears similar to black rock, but it’s actually compressed plant matter. Over a long period of time, decayed plant matter becomes compressed with sediment and clay. Thousands of years later, once unearthed, this compressed matter becomes rock hard. Mostly comprised of carbon elements, coal contains stored solar energy. Most popular in 19th and 20th […]
Learn More >>Mine Loan Requirements
Mine loans are niche-loan markets that require special, expert investor funding. Generally financing producing mines, there are numerous options for mine funding. Land Type – A question of great importance is if the land is owned or leased. Necessary permits and staked claims must be obtained, as this shows proof of mineral ownership. Legal rules […]
Learn More >>The Science of Oil Drilling
The skill of oil drilling is a relatively complicated scientific process. In layman’s terms, crude oil is extracted from oil wells. This oil is then sent to refineries where it is turned into gasoline, heating oil, kerosene and other products. Formed between 10 million and 600 million years ago, oil is the remains of tiny […]
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