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Drill Bits and Cutters News

Schlumberger Introduces StrataBlade Concave Diamond Element Bit
United Kingdom >> 10/28/2020 - Smith Bits, a Schlumberger company, introduced the StrataBlade* concave diamond element bit that improves the rate of penetration (ROP) in a wide range of rock types, while withstanding impact damage ...
Varel International Announces Settlement of Intellectual Property Lawsuit
United States >> 10/20/2020 - Varel International Energy Services, a long-standing provider of drilling and downhole solutions, announced their settled litigation with Taurex Drill Bits, including claims of intellectual property i...
Halliburton Releases New Hybrid Drill Bit
United States >> 10/13/2020 - Halliburton Company introduced Crush & Shear™ Hybrid Drill Bit, a new technology that combines the efficiency of traditional polycrystalline diamond compact (PDC) cutters with the torque-reducing capa...
Baker Launches New Terminator System
Norway >> 9/30/2020 - Baker Hughes has announced the successful launch of Terminator, its vessel-deployed subsea wellhead cutting system. Using a first-of-its-kind mechanical wellhead removal method, the Terminator system ...
Halliburton Releases Cerebro Force™ Drill Bit Sensor
United States >> 8/5/2020 - Halliburton Company introduced Cerebro Force™ in-bit sensors, a first-of-its-kind technology that captures weight, torque and bending measurements directly from the bit to improve understanding of dow...
Schlumberger Introduces HyperBlade Hyperbolic Diamond Element Bit
United Kingdom >> 9/25/2018 - —Smith Bits, a Schlumberger company, launched the HyperBlade* hyperbolic diamond element bit that reduces drilling costs by improving the rate of penetration (ROP), while maintaining steering response...
TWMA to Deliver Drill Cuttings Management Services to New Age
Cameroon >> 5/3/2018 - TWMA, a provider of specialized drilling waste management services, is set to deliver drill cuttings management services to New Age Cameroon Offshore Petroleum (New Age) in a two well, offshore drilli...
Superior Drilling Announces New Agreement with Baker Hughes
United States >> 4/5/2018 - Superior Drilling Products, Inc.has entered into a new, 4-year vendor agreement with Baker Hughes Oilfield Operations, LLC, (“BH”) to provide exclusive drill bit refurbishment services. ...
Halliburton Introduces New Family of Shaped Cutter Drill Bits
United States >> 12/12/2017 - Halliburton announced the release of Geometrix™ 4D Shaped Cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs. Hallibur...
TWMA Awarded North Sea Contract with Azinor Catalyst
United Kingdom >> 8/7/2017 - TWMA, a leading provider of drill cuttings and slop handling, management and treatment solutions, has been awarded a contract estimated to be worth around £1million with UKCS-focused E&P company, Azin...
Proserv Secures Significant Decommissioning Project Awards
Norway >> 5/11/2017 - Energy services company Proserv has recently been awarded three contracts worth a combined value of more than $2.5million (approx. 21.5m Norwegian Krone) for decommissioning work in the Norwegian Nort...
Halliburton Introduces First of its Kind Drill Bit Technology
United States >> 1/3/2017 - Halliburton announced the release of Cruzer™ depth-of-cut rolling element, an innovative drill bit technology designed to increase tool face control without reducing drilling efficiency. This provides...
Allspeeds Supplies Webtool Hydraulic Cutter for Flexlife
Allspeeds Supplies Webtool Hydraulic Cutter for Flexlife United Kingdom >> 3/21/2016 - Allspeeds has supplied an integrated guillotine cutter to offshore engineering services company, Flexlife, as part of a North Sea platform decommissioning project. The application involves passing a h...
CIS Installs Directional Conductor Offshore Australia
Australia >> 9/4/2015 - Conductor Installation Services (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully installed directional conductors to form the basis of two...
Gulfsands Provided Operational Updates in Morocoo
Morocco >> 6/26/2014 - AIM-listed Gulfsands Petroleum, the oil and gas production, exploration and Development Company with activities in Syria, Morocco, Colombia, Tunisia and the U.S.A., has provided a statement in advance...
TWMA Wins First Offshore Processing Contract in West Africa
United Kingdom >> 5/6/2013 - TWMA, a leader in integrated drilling waste management and environmental solutions, announced at the Offshore Technology Conference (OTC) their first offshore processing project in West Africa. The 40...
Guizhou Viton Industrial Participated in a Number of Exhibitions
Guizhou Viton Industrial Participated in a Number of Exhibitions China >> 3/27/2013 - Guizhou Viton Industrial Co. announced that it participated in a number of exhibitions recently in China’s CIPEE and Canada’s Go-Expo II. The company exhibited its latest products related to Oil Field...
Smith Bits Introduces Stinger Conical Diamond Technology
United States >> 3/1/2013 - Smith Bits, a Schlumberger company, announced the release of its Stinger conical diamond technology. The Stinger polycrystalline diamond element enables high-point loading to fracture rock more effici...
Varel & NewTech Launch Russia’s Most Advanced Plant
Russia >> 8/2/2012 - Varel International and NewTech Services announce building completion and launch of their Polycrystalline Diamond (PDC) Drill Bit manufacturing plant located in Kurgan, Russia. Using the most advanced...
Varel International and ESIP Energy, SA Create Joint Venture
United Arab Emirates >> 6/20/2012 - Varel International and ESIP Energy, SA announce the creation of a joint venture drill bit operations related company. The agreement was signed in April 2012 by Varel President and CEO Jim Nixon and E...

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