Oil & Gas

Innovative Incentive Program

Converting Operational Success to Business Success

Ulterra’s New Innovation Incentive Program

Ulterra has long focused on achieving operational success – from their lean manufacturing and supply chain to their rapid prototyping business model. In addition to focusing on operational success, Ulterra has introduced a new Innovation Incentive Program, further promoting the cultivation of new ideas enhancing their success.

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oil rig count

73 Rigs Today are More Efficient Than 105 Rigs Several Years Ago?

According to RigZone, the total count of US oil rigs reached 799 which is the highest count since April 2015. Although this number has been steadily increasing for the past five weeks, the drilling industry has not seen a rig count that can compare to the peak of 2014. While the industry yearns to get back to higher rig counts, the advancement of technology has replaced the need for it.

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weight on bit WOB

Weight On Bit – WOB

What is Weight on Bit or WOB?

An essential part of the drilling process is adding force to the drill bit in order to successfully break the rock. Weight on the Bit, or WOB, is the amount of downward force exerted on the drill bit provided by thick-walled tubular pieces in the drilling assembly that are known as drill collars. The downward force of gravity on these steel tubes provide force for the drill bit in order to effectively break the rock.

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counterforce pdc bit

Ulterra Celebrates Recent Success with Operator in the Northeast US

Operators in the Northeast US have been drilling wells with increasingly complex well plans. Due to this, they have been looking more to rotary steerable systems (RSS) to reduce slide time in the lateral and increase directional flexibility and responsiveness. As a result of the down market, RSS have become a more affordable and viable option and Southwestern Energy is certainly not an outlier in this trend with their operations in West Virginia and Pennsylvania.

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breast cancer subtle pink

Ulterra Proudly Sponsors with Saving True Pairs to Raise Awareness for Breast Cancer

Ulterra Drilling Technologies, a Fort Worth based PDC Bit Company, is committed to spreading awareness about breast cancer by using pink drill bits as a reminder to get that lifesaving mammogram. “Here at Ulterra we truly believe that early diagnosis is the best prevention for breast cancer which is one reason why we feel the need to help spread awareness” says Bill Stark, Ulterra’s VP of Sales & Marketing.

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