Drill Bit News

 

OTC15: MONOPOLY collector’s edition celebrates the offshore industry

May 01, 2015

Celebrating its 40th Anniversary, Offshore Engineer (OE) and Hasbro Inc, an American multinational toy and game company, teamed up to create a custom MONOPOLY Game for the offshore industry.  The OE 40th Anniversary Collector’s Edition MONOPOLY…

Halliburton to sell divisions pre-merger

Apr 08, 2015

Houston-based Halliburton announced it will separately market for sale the company’s fixed cutter and roller cone drill bits, directional drilling and logging-while-drilling (LWD), measurement-while-drilling (MWD) businesses. The announcement…

Neo Oiltools releases NeoTork

Mar 18, 2015

Luxembourg headquartered Neo Oiltools launched its downhole torque management tool, NeoTork. NeoTork automatically manages torque generated from the drill bit and mitigates axial and torsional vibrations.  The system has been…

RED gets ready

Mar 01, 2015

Resonance enhanced drilling could help speed up drilling time and efficiency. Elaine Maslin reports. Professor Marian Wiercigroch with the vertical RED full scale experimental rig.  Images from the University of Aberdeen…

When automation, not if

Mar 01, 2015

Automation on the drillfloor has been slow to take off – but it is coming as advances in enabling technologies are made. Elaine Maslin looks at work ongoing in the field. Automation on the drillfloor has been slow to take off – but it’s coming and there will be no going back…

Top achievements in drilling technology

Dec 01, 2014

OE spoke with experts from Halliburton, Hess and Weatherford to answer the question: “What have been the top achievements in drilling technology in the last five years?” Hess Corp. List provided by Dr…

Tercel launches premium roller cone bits at ADIPEC

Nov 11, 2014

Tercel Oilfield Products released its new premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has precision machined bearing races that are matched to provide the optimum fit and finish for extended operations…

Tercel, Total debut cutter collaboration

Oct 28, 2014

Tercel Oilfield Products introduced its patented MicroCORE cutting system, developed in collaboration with Total. The launch took place at the Society of Petroleum Engineers Annual Technical Conference & Exhibition (SPE ATCE) from October 27-29 2014 in Amsterdam…

Schlumberger introduces StingBlade

Oct 27, 2014

Smith Bits, a Schlumberger company, introduced StingBlade, a conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications. “In…

Well intervention under North Sea spotlight

Oct 10, 2014

As a critical factor in optimising brownfield production, well intervention is a major fiscal and operational consideration for the North Sea.  While there’s no doubt, as a mature province, the emphasis is shifting increasingly toward decommissioning and plugging and abandonment…

SDI presents the TiTAN22

Sep 17, 2014

Scientific Drilling International (SDI) introduced the TiTAN22 performance motor solution. The TiTAN22 is engineered to support the most demanding drilling environments and deliver reliability and durability across a wide range of applications…

Closed-loop drilling

Sep 01, 2014

An in-depth look at NOV’s closed-loop drilling automation system, which could help develop North Sea and Arctic assets. Automation is a growing force in the offshore oil and gas industry. Its potential to increase safety, optimize operations…

Stinger technology aims to optimize pre-salt drilling

Sep 01, 2014

Claudio Paschoa discusses Stinger conical diamond technology with João Pedro Tocantins, Senior Product Engineer from Schlumberger’s Smith Bits.  The CDE, centrally placed in a PDC drill bit cutting structure…

Breaking barriers

Sep 01, 2014

Jerry Lee discusses new and improved drill bit designs and technologies with several leading companies. Rising energy demand has resulted in the need to reach reserves in more complex formations. The more complex the formation, the more…

Petrobras, Foro partner on laser drilling technology

Aug 26, 2014

Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…

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