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Smith Bits, a Schlumberger company has introduced a new technology that will enhance the quality and efficiency of the bits. Aegis armor cladding of Smith Bits will improve bit's body design and erosion resistance. It will also increase rate of penetration and bit durability for longer runs. “Our new armor cladding technology combines innovative materials science with an electron-beam additive manufacturing process”, said Schlumberger's President of Bits & Drilling Tools.
Halliburton announced the release of Stega efficient layout design, an advanced drill bit which overcomes the limitations of traditional bits, increased heat and wear and poor bit cleaning. This advanced bit offers offset back-up cutters placed 180 degrees or more from the primary cutter. It will help maximizing drilling efficiency for targeted applications.