Ulterra Press Releases

Safer at a Distance, Stronger as a Team during COVID-19

Click here to view CEO & President, John Clunan’s, response to COVID-19.

How Ulterra Responds to COVID-19

Ulterra’s mission in response to COVID-19 is simple – to protect our people and every one of our oilfield customers and partners first. We have made the necessary changes to the way we do business and our people have shown unwavering support and adaptability. In response to the current challenges, we will continue to ensure we are delivering new products and solutions for the industry. 

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Ulterra’s SplitBlade™ Gets Selected as a Winning Technology in LAGCOE New Technology Showcase

FOR IMMEDIATE RELEASE – August 6, 2019

Ulterra is pleased to announce that LAGCOE leadership has declared the winners of its New Technology Showcase, and SplitBlade™ has been selected as a winning technology to be featured at the 2019 Technical Exposition and Conference held in New Orleans, Louisiana, USA on October 9th-11th. Ulterra is honored to stand alongside other winning companies to present their technology to the hundreds of exhibitors and thousands of attendees during this conference.

To read more about LAGCOE, visit www.lagcoe.com Read More



Blackstone Announces Acquisition of Ulterra Drilling Technologies from American Securities

Blackstone Energy Partners Announces Acquisition of Ulterra Drilling Technologies from American Securities

Ulterra purchased by Blackstone

 NEW YORK, October 23, 2018 – Blackstone Energy Partners announced today that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies (“Ulterra” or the “Company”) from affiliates of American Securities LLC. American Securities and certain members of management will retain a minority equity interest in the Company going forward. Financial terms were not disclosed. The transaction is expected to close prior to year-end 2018.

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PDC bit durability XP by Ulterra

High-Durability PDC Bit Designed For Demanding Applications

XP™ Line of Extreme-Performance PDC Bits

August 2018, Fort Worth, Texas — Ulterra Drilling Technologies (Ulterra.com) recently introduced its XP line of extreme-performance PDC bits. These bits are designed to provide improved results in the toughest drilling applications, including hard rock, transition zones and highly interbedded lithologies.

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counterforce pdc bit

Ulterra introduces CounterForce

FORT WORTH, Texas, April 21, 2013 /PRNewswire/ — Ulterra today announced the introduction of CounterForce, a breakthrough in PDC bit design technology that utilizes a unique cutter configuration that lowers bit torque and vibration, thus creating more efficient failure of rock.

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