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

7 August 2019

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

SplitBlade’s Impact

SplitBlade is a drill bit technology that has demonstrated its ability to address hydraulic limitations and contact distribution for operators worldwide. Since its introduction to the global oil and gas industry, Ulterra’s SplitBlade™ technology has been deployed nearly 9,000 times, drilling approximately 52 million feet. Additionally, Ulterra’s team has worked alongside operators to create hundreds of application-specific SplitBlade designs, cumulating a global design count of 262 designs.

To read more about SplitBlade, visit www.ulterra.com/splitblade

About Ulterra

Ulterra Drilling Technologies (Ulterra) is the largest pure-play, independent supplier and manufacturer of PDC drill bits to the oil and gas industry. Originally founded in 2005 and strategically headquartered in Fort Worth, Texas, Ulterra is the North America industry leader and one of the fastest-growing PDC drill bit companies in the world. With field service locations throughout the world, including the United States and Canada, Ulterra is advantageously located near the drilling activity providing direct support to operators around the globe. Ulterra’s unmatched speed to market is dedicated to the complete design, manufacture, and delivery of customized drilling solutions with advantaged application-specific technology. Ulterra works alongside operators supplying them with consistently high quality, innovative designs customized to target performance limitations to increase productivity and monetary efficiencies.