LONDON--(BUSINESS WIRE)--The global PDC drill bits market in the oil and gas industry is expected to post a CAGR of over 4% during the period 2018-2022, according to the latest market research report ...

About 30 years ago Sandia Labs developed polycrystalline diamond compact (PDC) bits for geothermal drilling. Today nearly two-thirds of the oil we use comes from wells drilled using the (PDC) bits.

Dynamus bit reduces damage risks to the bit and BHA HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today the commercial release of its Dynamus™ extended-life polycrystalline ...

HOUSTON, Jan. 16, 2018 /PRNewswire/ — Intervale Capital (“Intervale”), an energy-focused private equity firm, announced today that it has acquired a majority stake in PDC Logic (the “Company”), a ...

Varel's 12-1/4" BB657XCB polycrystalline diamond compact (PDC) bit, previously run on ChevronTexaco's Alba North A-50 well in the North Sea, had a single run of 15,472 ft (4,716 m), with an average ...

Nearly two-thirds of the oil we use comes from wells drilled using polycrystalline diamond compact bits, originally developed nearly 30 years ago to lower the cost of geothermal drilling. Scientists ...

A new adaptive PDC drillbit from Baker Hughes can adjust the depth of cut without intervention from the surface. The technology introduces a moving element to the standard PDC drillbit. The TerrAdapt ...

Using the same technology used in guided missiles, newer drill bits fashioned with synthetic diamonds and sensors have optimized operations in the Mancos play. WPX Energy uses polycrystalline diamond ...

The "PDC Drill Bits Market by Type (Matrix Body and Steel Body), Size of PDC Cutter (Less than 9 mm, 9-14 mm, 15-24 mm, and Above 24 mm), Number of Blades (Less than 6, 6-10, and Above 10), and Region ...

Robert G. Casto, Maurizio Senese Agip Petroleum Co. Inc. Houston The use of bicenter polycrystalline diamond compact (PDC) bit technology, dual-power-head down-hole motors, and oil-based drilling ...