LONDON--(BUSINESS WIRE)--The global PDC drill bits market in the oil and gas industry is expected to post a CAGR of over 4% during the period 2018-2022, according to the latest market research report ...

About 30 years ago Sandia Labs developed polycrystalline diamond compact (PDC) bits for geothermal drilling. Today nearly two-thirds of the oil we use comes from wells drilled using the (PDC) bits.

LONDON--(BUSINESS WIRE)--The new PDC drill bits in oil and gas industry market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads. Get ...

The "PDC Drill Bits Market by Type (Matrix Body and Steel Body), Size of PDC Cutter (Less than 9 mm, 9-14 mm, 15-24 mm, and Above 24 mm), Number of Blades (Less than 6, 6-10, and Above 10), and Region ...

Nearly two-thirds of the oil we use comes from wells drilled using polycrystalline diamond compact bits, originally developed nearly 30 years ago to lower the cost of geothermal drilling. Scientists ...

CARROLLTON, Texas--(BUSINESS WIRE)-- Varel International has taken PDC drill bit technology to a new level with the introduction of Voyager series bits. The Voyager series platform is the result of ...

Cool Edge Bits announced the grant of US Patent US11988046B1 for its cutting-edge drill bit design milestone in the oil and gas exploration drilling solutions This patent is a testament to our team's ...

U.S. oilield service firm Patterson-UTI Energy PTEN has agreed to buy Ulterra Drilling Technologies, a global leader in specialized drill bit solutions. This strategic acquisition aims to enhance ...