Mineral Exploration

The Answer to a Million-Dollar Question About Sonic Drill Rig Manufacturing

In the business of mineral exploration drilling, sonic drill rig manufacturers agree in saying that the right equipment for the job and proper drill rigs are of paramount importance if you want to ace the bidding process, complete project contracts and eventually earn a good amount of profits. Acquiring a new drill rig is a qualified major decision, and there are a lot of factors and variables that can impact this.

The million-dollar question we have here regarding this matter is, will your newly acquired drill rig help you make more money? Or will it eventually cost you more owning one?

According to the top sonic drill rig manufacturers, in the recent economic slowdown, there are a handful of drill rigs that have remained inactive. This explains the reason why it is a lot easier to cannibalize parts and components so that active drilling rigs will keep on running.  

Operations managers have a good hunch as to which of the components (valves, engines, assemblies, etc.) are in immediate need of replacement. It is not surprising to know that they can accurately make a good guess on how much it will cost them to rebuild an oil drill rig in their fleet.

Should they determine that the rebuilding costs are in close range to how much it would cost them to buy a brand new rig, they are likely to take on a full-blast audit. This may necessitate them to make an inspection of the drill rigs, check maintenance records, or evaluate spare parts in stock. All these measures allow for a more accurate cost comparison analysis so that the drill rig will soon be up and running again. 

  1. Resources

Other than costs, there are many other things that you need to factor in including talent or if the company can carry out an overhaul on a drill rig which has remained idle for a long time now and will need to get back to work. There is so much drudgery in the overhaul process and thus may take 3-4 months. You need to have the right kind of facilities, knowledge, and skills on how to get your drill rigs ready for drilling contracts

         2.  Availability

With the market getting better each time, it makes it safe to anticipate longer lead times ahead, regardless if your buying something new or rebuilding your old one. If the market is on the low, the natural tendency of inventory is to go higher. Plants are not so very preoccupied with the building of brand new rigs, as for the lead times, there are also lesser lead times. 

If the market tends to go up and rise, contracts would increase while the inventory is low. Plants would be much more preoccupied with building more rigs. The lead time would be rising and increase. With respect to the manufacturer, lead times would ultimately vary.  

sonic drilling rig technology
Warnemünde Crane Crane Arm Baltic Sea Rostock

          3. New Technology

Acquiring a new drill rig, even if you still have your older drill rig fleet gives you a good chance to productively drill more meters. It is fairly easy to understand that newer rigs makes you more productive and give you a much more reliable uptime. In addition to that, compared to older rigs, they come with more safety features.

With increased safety requirements for a mine site, a new rig can have better chances of meeting those safety measures which an older rig might fail at.  

A market downturn can easily cause the springing of a lot of great buys. While there is a looming further improvement for the market, price points are more likely to go up as the availability decreases.

3D Printer Auckland

Want to Discover a Great Tool for Learning? 3D Printer Auckland Might be an Answer

As we often say, change is constant. But if there is another thing that is constant in this world, it would be learning. We never stop learning. Day by day, there are new things to learn, whether big or small. Amazingly, with the advent of new technology, learning has become easier and more exciting. One of the technologies that are transforming education is 3D printing.

A 3D printer in Auckland and the rest of the world is becoming instrumental in learning processes. In fact, this tool has made it possible for us to have some of the best things in life that we are enjoying at present.

Learning 3D Printing Technology
Student Learning 3D Printing Technology

3D Printing in Learning

It is very important that regardless of the stage of life that we are in, we keep learning more about what the world has to offer to us. This includes the use of 3D printing technology. In the last few years, the education sector has been consistently working on improving lesson plans to make them more technology-based and interactive for the students.

This programming goes into different educational institutions and students are highly benefiting from it, especially those who are about to enter the job market. Here are some of the best benefits that technology has to offer.

Improving Student Participation

Making sure that students are engaged can be very challenging, especially if the subject is difficult and needs their full attention. A 3D printer in Auckland has been helping educators to illustrate concepts and improve student engagement through interactive learning. With increased engagements, students can participate better thus learning takes place.

Promoting Active Learning

When there is interaction, the students would be able to grasp the subject better and retain information in their minds. This is highly beneficial when making use of physical learning objects or materials. For instance, when students are studying artifacts and fossils, they could not really hold or touch these items. But with 3D printing, they would be able to touch, hold, study, and even take-home items that are as intricate as the real ones.

Promoting Creative Thinking

With three-dimensional technology, it has become possible to test theories, try new things, and be more creative that will be helpful in the learning process. The help of a 3D printer encourages students to be more creative and innovative as they can adjust their ideas by means of trial and error process. This results in students to retain the lessons and facts better.

Turning Subjects into Careers

Studying can sometimes be very challenging for some people. This also leads them to try to avoid learning some subjects, thinking that they are weak at it. But with the help of new technology like 3D printing, schools will have a way to encourage students to study and enjoy the process of learning.  With this technology, students will have the chance to better comprehend complex ideas and test out different theories. Eventually, this will allow students to explore in their careers.

The world has become more amazing with the advent of the technologies that we have today. At this rate, we can only expect to see more great things in the future.