Drill Bits News

 

Laser-like precision

May 01, 2015

Jerry Lee and Greg App examine how lasers could be used for not just drilling, but for completions and well intervention projects, too. Laser drilled sandstone core sample.  Images from ZerLux Hungary Ltd…

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…

LUKOIL sets horizontal drilling world record

Mar 02, 2015

LUKOIL-Nizhnevolzhskneft established a new world record in horizontal drilling with a significant bottom displacement. Well No. 108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4908m in the 9…

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…

Exxon spins bits in Bass Strait

Dec 17, 2014

ExxonMobil's subsidiary Esso Australia has started a five-well drilling campaign at the Turrum field as part of its ongoing investment in Bass Strait to develop new gas supplies. The AU$335 million investment in drilling four gas wells and one oil well follows the start-up of the $4…

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…

Halliburton, Baker Hughes in merger talks

Nov 14, 2014

Baker Hughes and Halliburton are in ‘preliminary discussions’ in regards to a possible merger between the two oil services providers, Baker Hughes confirmed on 14 November.  “These discussions may or may not lead to any transaction. Baker…

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…

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…

Oil & gas must embrace innovation

Sep 30, 2014

The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…

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…

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…

Liftboat used for geotechnical work off US Atlantic coast

Aug 01, 2014

The Inez H. Eymard lift boat. Photo from Nick Welz, Tetra Tech Inc. Dominion Virginia Power is using L/B Inez H. Eymard for geotechnical site work this summer. Throughout July…

Spotlight: Newpark Drilling Fluid’s new North American leader focused on domestic growth

Jul 22, 2014

In October, Newpark Drilling Fluids named Phil Vollands president of North America. Vollands is focused on growing the business and positioning Newpark Drilling Fluids as the leader in water-based fluid technology. Vollands has plenty of industry experience…

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