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.

HOUSTON. TX / ACCESSWIRE / July 5, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI"), a leading provider of drilling and completions services in the United States, today announced it ...

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 ...

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 ...

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 ...

THE demand for energy, in particular by the oil and gas sector, is pushing the drilling and exploration industry to continuously innovate and create solutions that optimise resources, address ...