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By Carl Beal

THE most important factors that should be given consideration in valuation of oil land are: (1) the amount of oil the property will produce; (2) the amount of money this oil will bring (based upon the future prices of oil) ; (3) development and production costs; (4) the rate of interest on the investment; (5) the retirement or amortization of invested capital; and (6) the salvage or "scrap" value of the equipment when the property is exhausted. These factors are of varying importance, and some of them may not enter all valuation problems, but most of them should be given consideration in any valuation even though only a rough estimate of the value of the property is desired. The value of a property may be changed over-night by the completion of important test wells, by the sudden water flooding, or by a change in the price of oil. The best a petroleum engineer can give is the value of the property under the conditions existing at the time the appraisal is made with a fair forecast of future action of the wells and of the price of oil. Our experience in the scientific valuation of oil lands is not broad and there is very little published information on the subject; it, therefore, becomes necessary in studying such problems to form comparisons with the factors involved in the valuation of mines-the closest parallel. One of the reasons for the lack of substantial progress in oil-land valuation methods has been the necessity of making an estimate of the future production of the oil property to be valued. Oil men and accountants have not generally conceded that such estimates could be made with any degree of accuracy. It has been shown, however, in several recent publications that with certain data available reasonably close estimates can be made. The accuracy of an appraisal depends chiefly on the accuracy of the estimates of future production and of the future price of oil. The accuracy of the former is sometimes necessarily based on geological inferences. Geology is not an exact science and geological data in connection with oil production cannot always be mathematically evaluated.

Jan 9, 1919

By F. J. Radd, R. L. McGlasson

The mechanisms of corrosion and corrosion fatigue damages to sucker rods are examined from a fundamental electrochemical viewpoint, and the relationships of sucker rod microstructures to these damaging effects are defined. The common corrosive agents in crude oil production and storage are discussed as to types of attacks that they cause. The variations of fatigue strength with alloy content, surface preparation, and stress ranges are analyzed. Finally, conclusions are drawn as to how microstructures largely influence and control sucker rod performance. INTRODUCTION Greater than 90 per cent of the crude oil produced by artificial lift methods is produced through sucker rod pumping systems. In the USA each year more than $14 million is spent for sucker rods in new and old pumping installations. It is important to make this investment a wise one. Essentially, the sucker rod system is a long series of steel rods, operating under alternating stress loadings and under mechanical vibrations, which connect the surface power source with the subsurface pump. These rods often operate in a variety of corrosive media, including water, brines, carbon dioxide, hydrogen sul-fide, and air. Basically, this paper is concerned with the problem of the behavior of certain steels in various corrosive media under high and dynamic stress patterns. The main objective of this paper is to show how, once the stress effects and the corrosive environments are defined, one can still realize structural control and beneficial influence upon corrosion and corrosion fatigue. FUNDAMENTAL DEFINITIONS AND ANALYSIS In the corrosion and stress behavior of this solid state mixture of iron and iron carbide called steel, one must analyze upon what major factors does its service life depend and of what, exactly, is steel composed. The former question can be referred to two external factors and two internal factors. The two major external factors are: 1. the nature of the stress patterns — size and range of stresses present 2. the nature of the corrosion — erosion environment — the corrodent and/or wear involved The two fundamental internal factors that govern the strength and useful life of a steel both in normal duty and in heavy-duty corrosion service are: 1. the nature of the steel volume properties 2. the nature of the steel surface properties For the latter question normal steel is defined as a solid mixture of iron and iron carbide particles, generally with certain accidental and intentional elements present. (The amount of iron carbide present is determined by the carbon content of the steel.) These additional elements generally dissolve into either the iron (ferrite) or the iron carbide (cementite) components.

Jan 1, 1955

By H. E. Hilliard

A method was investigated for detecting and counting filamentous iron bacteria in open recirculating cooling systems. It is simple and fast and does not require trained microbiologists. Samples from 26 systems were examined. Cells were cultivated on commercially prepared ready-to-use media. Cultures grew well on this medium and were identified as filamentous iron bacteria by microscopic examination and by their ability to deposit iron using the prussian blue reaction.

Jan 1, 1976

By Mohammad Mainul Hoque, Linhan Ge, Ai Wang, Geoffrey Evans, Subhasish Mitra

"Dispersed phase interactions involving bubbles and particles in the turbulent environment play a significant role in the flotation process. The conventional collision models only account for the deterministic rather than the stochastic behavior of turbulenct flow. What the bubble-particle collisions would be like remains an open problem due to the complex nature of turbulent flow. To address this research question, the present study aims to quantify the bubble-particle collision efficiency incorporating turbulence using the computational method. Multiple solid particles were released to interact with a single stationary rigid bubble (non-deformable interface). Effect of particles Stokes number, turbulent intensity (TI) and integral length scale on the bubble-particle collision efficiency (Pc) was examined. Large Eddy Simulation method (LES) was used to compute the continuous phase. Fluctuating velocity required at the inlet boundary condition was derived from Gaussian energy spectrum to generate the upstream turbulence. Discrete Phase Model (DPM) is used to simulate particle trajectory. The characteristics of turbulent flow were analyzed through Energy spectrum and energy dissipation rate. The critical initial releasing radius of the annulus, where Pc equals zero, reaches up to 1.5(Rb+Rp) under high turbulent intensity (TI) 20.48% compared to 0.23(Rb+Rp) calculated from the traditional Pc model. Pc decreases as the distance of initial releasing annulus between bubble centre increases. Pc increases as particle Stokes number increase up to 0.66. The collision efficiency for particles of St less than 0.38 is higher under TI 11.78% compared to TI 4%.INTRODUCTION To increase mineral recovery, interactions between bubbles and particles are essential. All flotation devices achieve it through introducing some level of turbulence into the system by increasing specific energy dissipation rate. Figure 1 shows three different flotation equipment, traditional floatation cell, Concorde cell and cyclonic-static micro-bubble flotation column (FCSMC), with different turbulence generation mechanisms – impeller, down-flow liquid jet and pump recirculation, respectively."

Jan 1, 2018

By Swaminathan Srinivasan, Aaron J. Muck

"When an opportunity arises to combine state-of-the-art concepts with advanced modeling tools, engineers need to take what they know and apply forward thinking to geotechnical solutions to promote the state-ofpractice. Such an opportunity was seized during the design and construction of the Great American Tower in Cincinnati, Ohio. The forty-one story Great American Tower at Queen City Square – currently the tallest building in Cincinnati – has not only changed the downtown skyline, it is also contributing to the advancement of the state-of-the-art use of auger cast-in-place (ACIP) piles as settlement reducers. Predicted settlements of a traditional mat foundation were excessive, and the costs and construction time associated with traditional ACIP piles extending to bedrock were not preferred. A mat supported on a limited number of ACIP piles, with the piles primarily acting as settlement reducers, was evaluated as the preferred foundation type.Promoting the unique soil-structure interaction of the foundation system with confidence required the use of sophisticated numerical modeling tools. Traditional standard penetration test boring data (SPT) was initially used to develop a numerical analysis of the soil-structure interaction using FLAC 3D software. The model was further modified with cone penetration (CPT) and pressuremeter testing (PMT), along with actual load test results on several ACIP pile elements of varying lengths, but all tipping above bedrock. Through a combined design team effort, and detailed numerical modeling analysis, ACIP piles were recommended for reducing mat foundation settlement. Instrumentation during and post-construction confirmed design assumptions and predictions. Integrating sound geotechnical concepts, and using advanced geotechnical analysis and design methods, traditional mat and ACIP pile foundations were successfully integrated into a unique foundation support system.INTRODUCTIONThe Great American Tower at Queen City Square in Cincinnati, Ohio is located within a region dissected by historical geologic deviances associated with the meander of the Ohio River and glacial progression/recession. Combining a challenging geology, with the development of a high-rise office building afforded the design team an opportunity to combine state-of-the-art soil-structure interaction concepts and method with traditional geotechnical engineering concepts. Such a combination required a variety of field tests, collaboration with the design team and owner, and geotechnical-structural modeling during the design phase. During construction, in addition to materials testing and observation, a variety of instrumentation systems were employed. Together, the data was used to corroborate the design model and make adjustments during construction and further substantiate design assumptions following construction."

Jan 1, 2015

By M. H. Ali

Codelco, a multi-process primary copper producer, is undertaking a full life cycle inventory (LCI) of all its commercial products based on copper and molybdenum. During this work, many questions have surfaced regarding the contribution of process unit design to specific aspects of a product's LCI and, more importantly, how such designs could be improved using a life cycle perspective. Management strategy efforts were undertaken to improve the LCI footprint, however it was found that the corrective actions were almost impossible to apply at the operation level in plant, given the ongoing timing pressures of extractive mining, and costs saving priorities. Additionally, it was found that most of the important comparative differences between operations had structural reasons. In this circumstance, the LCI practitioner group from 1M2, and the environmental managers from Codelco, decided to shift its efforts to place the critical LC1 aspects to the design process of future developments. Hatch Associates has developed unique tools in their Sustainable Plant Design (SPD) package that compliment and enhance LCA methods; these effectively drive sustainability into the heart of the design process. By using LCA and SPD in a project design phase, you cannot only address potential hotspots, but also decide on materials, location and size of certain facilities to optimize for energy efficiency. Moreover, you can avoid the shifting of environmental burdens upstream or downstream within the plant and finally it is extremely useful in identifying opportunities for greenhouse gas reduction.

Jan 1, 2007

By K. A. ACKLEY

The petroleum industry experienced a year of satisfactory accomplishment in Oklahoma during 1945. Crude oil production was increased, a new record for recent years was established in well completions, and refinery operations were maintained at a maximum level. Daily average crude oil production increased to 382,000 bbl., reflecting a 13.5 per cent gain compared with production during the previous pear. Total wells drilled during 1945 amounted to 2556, a gain of 28.7 per cent over 1944 Refinery throughout averaged 187,500 bbl. daily, an increase of approximately 4 percent over the preceding year.

Jan 1, 1946

By W. M. Peirce

ON May 16, 1871, twenty-two men met in Wilkes-Barre, Pennsylvania, and founded the American Institute of Mining Engineers.* If we could transport ourselves back to that year and survey the state of science and technology in general, and, in particular, the field of our immediate interest-nonferrous metals-we would feel a justifiable pride in what had been accomplished up to that time. These accomplishments in the metal field were at the moment in the process of documentation by an Englishman, J. A. Phillips, in a new 700-page edition of his book to be published in 1874 under the title of "Elements of Metallurgy." True, looking over his shoulder, we would smile to read that "all metals are capable of assuming a crystalline form under favorable conditions," and that tensile testing is done "by adding weights to a firmly suspended wire until it fractures," and we would find only three pages on aluminum and none on magnesium. We would, however, find an astonishing wealth of detailed knowledge on iron and steel and the then common nonferrous metals and alloys such as brass and bronze. But if we possessed a little prophetic vision as we directed our attention to the short period that had elapsed since the close of the Civil War, we

Jan 1, 1947

By L. Ianniello

AMONG the more interesting peculiarities of plutonium is the brittleness of its room-temperature monoclinic phase, a, since the adjacent higher-temperature phase (transformation temperature, 112C), ß, is also monoclinic but very ductile. Other elements, e.g., tin and manganese, have phases which exhibit similar contrast in plasticity. However, it was considered unusual when the a phase which has less than 0.1 pet tensile elongation' was rolled to 90 pct reduction in thickness at room temperature.' Since brittle behavior often is a structure-sensitive property, but could also be the result of covalent-type bonding, further experiments reported here have been conducted in an attempt to illuminate the problem. Electrorefined plutonium was rolled under various conditions and examined to determine the strain-hardening characteristics and also to determine under what conditions rolling could be performed. The rolling mill had 6.0-in.-diam heatable rolls with a variable roll speed (6.25 to 445 in. per min). Microhardness measurements were taken using a square-base diamond indenter with loads from 50 to 1000 g. The method used for rolling plutonium at room temperature consisted of prior

Jan 1, 1964

By Joseph D. Weeks

NOTE BY THE SECRETARY.—This address having been made the object of much hostile comment, arising, as Mr. Weeks believed, in large part from misunderstanding of its purpose and meaning, was, by his express direction, withheld from official publication in the Transactions until he should have so modified or added to it as to make such misunderstanding impossible. His illness and death prevented him from executing this intention; and, consequently, the only version of the address now in the Secretary's hands is one of which the author had forbidden the publication. Under the circumstances, therefore, it seems best to publish, in this place, only some portions of the address and its appendixes which have a historical value and are beyond controversy, giving at the same time a summary of its general nature, based upon the original manuscript and upon correspondence with Mr. Weeks. For this summary, the Secretary is alone responsible. The address was essentially a restatement of well-known and established facts, which it interpreted as proving that, of the three elements of the Bessemer process (namely, the pneumatic principle, the successful mechanical application of that principle, and the recarburization with spiegeleisen), William Kelly was the first inventor of the first, Bessemer of the second, and Mushet of the third. Mr. Weeks used the words " original inventor " in the sense (as he explained in one place) of first inventor, and neither asserted nor believed that Bessemer's con-

Jan 1, 1897

By William E. Wallace, S. J. Page, B. L. Razzaboni, C. A. Hill, Pamela Mike, P. Bolsaitis, M. J. Keane, Val Vallyathan

"Respirable quartz cytotoxicity, as measured by erythrocyte hemolysis and pulmonary macrophage release of lactate dehydrogenase in vitro, is neutralized by boiling in water in glass test tubes for 10 to 40 minutes. The cytotoxicity is reduced to near zero by boiling l to IO mg quartz per milliliter water. For greater concentrations of quartz in water the hemolytic potential after 40 minutes of boiling approaches that of native quartz. Replacing the medium with fresh water midway through boiling results in full detoxification through 20 mg quartz per milliliter water. Pre-boiling the medium with silica reduces the detoxification effect. Detoxification persists after mild drying at l 10°C for 8 hours, and persists after three days of resuspension in water at room temperature.INTRODCJCTIONResearch underway to determine interactions of quartz and other mineral dust surfaces with pulmonary fluids and alveolar macrophages in culture led to the observation that when dusts were autoclaved in aqueous suspension, their cytotoxic effects on macrophages were suppressed, in some cases fully and even after several days incubation with the cells. This finding was in direct contradiction to earlier results from both short term macrophage lysosmal enzyme release assays, as well as longer term cytotoxicity assays from macrophages in culture; in those studies, dusts were steam autoclaved at 121°C with no liquid water but with steam present. 1.2 However detoxification under boiling conditions has been reported in other research. 3 It was decided to use the hemolysis assay to further investigate these findings, because of its sensitivity simplicity and cost.RESCULTS AND DISCCISSIONRespirable quartz dust used in this study was taken from a stock of crystalline silica, Min-U-Sil; obtained from Pennsylvania Sand Glass Corporation, fractionated in air with a particle classifier. The small size fraction retained for use was 80% less than S micrometer particle diameter, with an area equivalent median diameter of 1.24 micrometers as estimated by automated image analysis. The silica was at least 98.S mass percent silica as determined by X-ray energy spectrometric analysis; and the crystalline form was alpha-quartz as determined by X-ray diffraction. It's specific surface area was 3.97 square meters per gram as determined by nitrogen adsorption isotherm methods. I"

Jan 1, 1990

By Jack E. Fraley

Magnesium oxysulfate cement has been specially formulated as a sealant in underground coal mines for reducing sloughing of shale roofs and coal ribs, for reducing air losses through block stoppings, for constructing sprayed stop-pings over approved jute cloth or metal lath, and for reducing combustibility of polyurethane foam. A standard spray machine (Mining Enforcement and Safety Administration (MESA) approved) was used for the underground testing. Our research shows that a 1/2-inch coating reduces shale and coal sloughing, reduces air losses through block stoppings, and prevents fire propagation through a metal tunnel lined with polyurethane foam. During the underground tests, excess mixing water was used to improve pumping the slurry to the spray nozzle. This was later found to increase shrinkage cracks in the cured coatings. Controlling excess water is important to an acceptable coating.

Jan 1, 1976

By Malcolm Arnesen

Mineral Resource Management (MRM) is a business concept with the purpose of increasing throughput by management of key process variables to optimize ore utilization. To achieve a MRM process focus there are four principles that need to be applied to the business. In this sense, the paper define these principles and describe how they are applied to the mining business using Thabazimbi iron ore mine as an example. Also the article deals with the generic approach to Mineral Resource Management and the second part with the application and success of MRM at Thabazimbi Iron Ore Mine.

Jul 17, 2000

By J-P Franzidis

A technique for determining the recovery of attached particles across the froth phase in flotation that relies on measuring the rate at which bubble-particle aggregates enter the froth is used to investigate the selectivity of attached particles across the froth phase. Combining these measurements with those of other techniques for determining the froth recovery of attached particles provides an insight into the different subprocesses of particle rejection in the froth phase. The results of experiments conducted in a 3 m3 Outokumpu tank cell show that the detachment of particles from aggregates in the froth phase occurs largely at the pulp-froth interface. In particular it is shown that the pulp-froth interface selectively detaches particles from aggregates according to their physical attributes.

Jan 1, 2005

By B. Y. Park

This paper develops a series of three-dimensional simulations for the Bayou Choctaw Strategic Petroleum Reserve. The U.S. Department of Energy plans to leach two new caverns and convert of one of the existing caverns within the Bayou Choctaw salt dome to expand its petroleum reserve storage capacity. An existing finite element mesh from previous analyses is modified by adding two caverns and increasing the size of existing Cavern 102. The structural integrity of the three expansion caverns and the interaction between all the caverns in the dome are investigated. The impacts of the expansion on underground creep closure, surface subsidence, infrastructure stability, and well integrity are quantified. The results show that from a structural viewpoint, the locations of the two newly proposed expansion caverns are acceptable, and all three expansion caverns can be safely constructed and operated.

May 1, 2009

By Harry C. Verakis

A conveyor belt fire presents a serious safety hazard in an underground coal mine. A review of underground coal mine fires involving conveyor belts which occurred within the past two decades was made by the Mine Safety and Health Administration (MSHA). Belt fires that occurred during this period of time have burned as much as 610 m of belting before the fire was extinguished. In an effort to improve safety, MSHA has undertaken a program to study the flammability of conveyor belts in large and small-scale tests. Large-scale tests were conducted on various types of mine conveyor belts using a range of airflows from 0 to 6.1 m/s. Data were obtained to evaluate the effect of airflow on flame spread and other combustion properties of the conveyor belts. The results from the large-scale tests were utilized to develop a new MSHA laboratory-scale test for evaluating the flame resistance of conveyor belts used in underground coal mines. Agreement of results based on a pass/fail criterion was obtained between the large-scale test and new laboratory-scale test. A summary of test results from the new test is shown for different conveyor belt formulations. MSHA also performed a series of fire tests with wood samples using the new laboratory-scale tunnel apparatus. These tests were conducted at airflows from 0.5 to 5.1 m/s to determine the effect on flame spread and burn damage. The data were also analyzed to determine if wood could be used as a calibration standard. The results indicate the flame spread behavior of the wood follows trends similar to results obtained with conveyor belts. The data did not show the precision needed to use wood as a calibration standard. MSHA intends through rulemaking procedures to replace the "20g" conveyor belt acceptance test with the new laboratory-scale test. MSHA also plans to implement a voluntary acceptance program. Under this program, a. conveyor belt manufacturer could obtain an MSHA acceptance for belts meeting the new test criterion. A belt accepted under the voluntary program could then be used underground. Use of conveyor belts meeting the new test would limit the propagation of fire and reduce the probability of igniting other combustibles in the belt entry.

Jan 1, 1991

By G. Barbery

A review is given of the present applications of random sets and integral geometry in fragmentation and liberation models of ores and minerals. Although attempts have ben made in the past to apply such mathematical techniques to the comminution of solids, it is shown that it would not result in major progress. In liberation modelling, it is demonstrated that the approach can lead to fruitful results. Following a recent paper by Davy (1984), a model of liberation prediction is developped, which can be calibrated far ore texture and breakage using image analyzers. The model is demonstrated for the case of a Poisson polyhedra ore texture and monodisperse fragment size. The model enables to predict the complete composite particle distribution, and is thus valuable for integration of ore breakage models with minerals separation models.

Jan 1, 1985

By J. Libaude

The Changement mine in French Guyana has, since 1983, processed gold ore by classical gravity methods. A large part of the gold is in the form of very small, free or enclosed grains. Recovery by gravity methods is thus limited (25-30%) and the present plant produces about 40,000 t annually of auriferous waste assaying about 6 git. The company therefore decided to retreat the waste by heap cyanidation. After laboratory tests which showed the feasibility of the method, a pilot test was set up on site. An experimental 3000 t heap, composed of waste of 0-8 mm grain size, was laid out by bucket loader on an impermeable pad covered by PVC and geotextile cloth. The upper layer of the heap was reworked by mechanical shovel to break up the area that had been compacted by the passage of the loader so as to restore adequate permeability.

Jan 1, 1998

By Dr. O’Neil Thomas J., Donald W. Gentry

"October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." -Mark Twain Although the preceding chapters describe the type of preliminary evaluation frequently performed in the mining industry, it has been assumed that input data are known with certainty-clearly an enormous simplification. In reality, estimates of ore grade, mining cost, metal price, etc., are subject to varying degrees of uncertainty due to the inability to predict the future with much precision. Management would probably not, for example, be equally attracted to two projects each offering a 20% DCFROI-one for a new gold venture in Nevada and the other for an undersea manganese nodule operation in the Pacific. The high risk with the latter investment tells the obvious; there is more to investment decision-making than a deterministic analysis using "best estimates" of input parameters. The science of decision theory normally distinguishes between decisions under uncertainty, where probabilities of various outcomes are unknown; and decisions under risk, where such probabilities can be estimated. The first case is rarely en- countered in practical capital investment analysis in mining, so the remainder of this chapter focuses on that class of problems where rational probability distributions for the future states of input variables can be estimated. RISK IN MINING Risk in the context of this chapter is the unforeseen deviation of individual cash flows from expected values for a capital project. For a mining venture, the source of this uncertainty could be any number of factors relating to such items as ore grade, ore reserve tonnage, operating costs, product prices, etc. With conventional *Adapted from O'Neil, T.J., 1979, "Procedures for the Preliminary Financial Evaluation of Metal Mining Ventures," Computer Methods for the 80s, A. Weiss, ed., AIME, New York, pp. 556-573.

Jan 1, 1984

By D. D. Carda, S. Dunn, W. E. Dunn, T. Storbeck

Gold chlorination which will be presented in this paper is limited entirely to the use of gaseous chlorine in a fluidized bed reactor at elevated temperatures in the absence of aqueous water. The only water used in this process is that which is used in scrubbing the effluents. Low temperatures are defined as those below 500°C. All experimentation for this paper was carried out on a laboratory scale, with all calculations extrapolated frpm this. Some of the data is drawn from work with other projects which have been operated at pilot and larger scale.

Jan 1, 1998