The Future of Fixed Cutter Bits in The Drill Bit Market

The main reason why fixed cutter drill bits have been gaining so much popularity lately is the fact that they do not have any moving parts. PDC drill bits are known to dominate this particular category of drill bits, holding a huge market share than the roller cone drill bits.

Here, it must be noted that PDC drill bits have come a long way since their invention in the year 1971 in terms of the technology being used and the performance they offer. It was after their introduction to the drilling professionals at a leading tool company that the PDC cutter and bit technology gained the kind of exposure it really deserved.

PDC drill bits owe a large chunk of their success to the development of computer simulations too for it was because of their development that design improvements and a better understanding of bit behavior became possible. Thanks to these developments, the formations which had earlier been termed to be un-drillable can now be drilled quite economically and safely.

Another characteristic that gives fixed cutter bits an edge over their rolling counterparts is their ability to penetrate even the hardest of the interbedded streaks.

Rockpecker uses top of the line degree of workmanship and skill to make sure all PDC drill bits are crafted for your use and requirement to perfection by our experienced professionals. Our PDC drill bits are usually equipped with hardened alloy steel base material, high-performance PDC cutters, gauge protection, and several other features that can also be changed according to your requirements. Feel free to browse through our website for more information. You can also write to us at bits@rockpecker.com or call @ +44 7887 398 047 (UK) / +61 2 8003 7547 (Australia) / +1 (717) 916-5047 (US).

Reference: Drill Bit Market 2020 After COVID-19 Developments Analysis of Best Key Players - Halliburton Company, Schlumberger Limited, National-Oilwell Varco Inc. (2020). Retrieved 11 November 2020, from this link.