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.
Ulterra was pleased to attend and showcase at the Louisiana Gulf Coast Oil Exposition, or LAGCOE. LAGCOE is one of the world’s premier oil and gas expositions featuring innovative equipment, services, technology, and presentations from worldwide leaders. This event happens biennially and Ulterra was able to make their first attendance a groundbreaking one.
Ulterra was recently featured in Drilling Contractor Magazine’s March/April issue, discussing how our CounterForce® technology has been put to the test drilling in deepwater with rotary steerable systems.
In previous months, the typical wellbore design for a major operator in the Delaware Basin had been a 3 string well utilizing a 13 ½” surface hole, 9 ⅞” intermediate, and 6 ¾” production. With the current down market, the operator like every other operator has been looking for other ways to bring down cost and have better efficiency. One way they sought partially increased performance was by bumping up to a bigger casing profile, yet still utilizing a 3 string well design by drilling a 16” surface, 12 ¼” intermediate, and 8 ½” production hole.
As seen in the American Oil & Gas Reporter in the April 2015 issue, Casey Dalla Betta and Aron Deen speak about Ulterra’s response to the evolving needs of an industry focused on drilling deeper targets and longer laterals more efficiently and safer than ever. Whatever the target reservoir, the success of any bit design can be measured in three words: steerability, durability and speed. Success in each of these measures is what Ulterra’s OneShot technology is all about.
Ulterra has released new statistics on the CounterForce™ and FastBack™ technology. After sorting through our data from the last 365 days there were over 20,000 Ulterra bit runs recorded. To learn more about our success with CounterForce and FastBack please read the article below.
We are proud to announce that the 8.5” U516S U02283 has earned the OneShot™ designation for curve and lateral applications in the Eagle Ford. OneShot™ is a special designation earned by a bit consistently achieving outstanding performance in a directional application; with performance being proven, as this status is not easy to attain.
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