Ulterra Featured

Statistical Analysis Helps to Quantify Benefits of New Bit Technology

Rather than rely on individual gut instinct, industry should look to trends from large-scale data sets to understand value and performance of new drill bits

The drilling industry has relied too long on comparative experience and “gut instinct” when assessing new products and technologies and how they affect drilling performance. This is a problematic approach because applications vary wildly, even on the same pad or location, and no two wells are ever really drilled in the same way.

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XP PDC drill bit

Oilfield Technology July 2017

Ulterra’s Aron Deen and Ben Phillips discuss “how new drill bit technology designed for extreme durability and performance allows operators to increase ROP without sacrificing bit life” in Oilfield Technology’s July issue.

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counterforce pdc drill bit

Hart’s E&P June 2017

Featured in the June issue of Hart’s E&P, Ulterra discusses how new bit designs are pushing drilling boundaries. Over the past year, Ulterra has looked critically at bit design, blade geometry, cutter reinforcement and hydraulics and has been testing new materials, which has resulted in its XP™ line of polycrystalline diamond compact (PDC) bits. With the increased energy going through the bit, it is Ulterra’s goal to make sure the bits do not become the limiting factor in performance.

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