Wednesday, February 16, 2011

Look into Re-entry Oil Wells to Reduce Investment Risk

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For the average person, investing in oil and gas drilling is not the high risk investment decision that it was in the past. Present day technology and decades of research have made oil investing an almost sure thing with regards to return of investment. In particular, re-entry wells make the perfect investment decision since they are already drilled, experts know there is oil to be found, and modern technology makes it possible for drills to get at previously inaccessible pockets. This is a far better option than investing money in energy exploration and the drilling of new wells, which can encounter major blocks to the drilling process and prevent you from obtaining any return. Re-entry wells are dug out from the main vertical line as horizontal branch offs into small lateral pockets of gas. Small oil pockets are commonly found near old wells and often produce thousands of barrels of oil.

Re-entry drilling is an ingenious method for retrieving these lost pockets of energy. A cutting tool is sent down the oil well to the appropriate depth. Sharp blades pop out of the side and cut through the casing of a portion of pipe and into the cement. The new lateral well or sidetrack is milled out of the side of this section where the casing was removed. An orienting whipstock is inserted into the well to guide the drill in cutting into the cement lining the well and horizontally into the ground. Re-entry drilling occasionally makes use of several sidetracks at various levels to recover oil. These lateral wells all feed into the main horizontal well and back up to the surface. The technology used in these oil and gas wells is so effective it can bring a major return on investment. Investing is simple with Energy Exploration Inc. This company specializes in numerous oil investments, one of which is re-entry drilling to recover oil from areas which were previously inaccessible. This specific process is a superb way for investors to invest in oil via Energy Exploration Inc with minimal risk.

Investing in oil and gas is not the risky step that it once was. That risk is greatly reduced with years of energy exploration, research, and new technology, so that these investments bring great returns with minimal investment. The practice of drilling re-entry wells is one smart way of obtaining oil with minimum investment and risk. Making use of pre-existing wells is definitely an easier option than searching for energy and drilling new oil wells. This is especially true when investing in a company that does all of the legwork for the project. Energy Exploration Inc is one of the companies involved in re-entry drilling and is perfect for the average long-term investor. Re-entry drilling is capable of bringing in regular monthly and yearly income for a minimum initial investment. These wells are sidetracks, or lateral wells, that are dug out of the side of a vertical well and directly into remaining pockets of oil. These pockets, which companies could not reach in the past, are now bringing in thousands of dollars of income for new investors.

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