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FOR IMMEDIATE RELEASE: February 27, 2001
Security DBS' Millennium Series Impregnated Drill Bits Change Hard Rock Drilling,While Substantially Saving Halliburton's Customers Rig Time
DALLAS, Texas - Halliburton Energy Services' product service line, Security DBS, recently announced the commercialization of its Millennium Series fixed cutter bit. While conventional impregnated bits typically employ a slow grinding action that fails formation, the new design-for-formation Millennium Series bit is able to incorporate an advanced synthetic diamond technology to micro-shear the formation. Thus achieving improved drilling optimization and significantly faster rates of penetration in the full range of hard rock drilling. Halliburton Energy Services is a business unit of Halliburton Company (NYSE: HAL).
The new diamond impregnation system, which is incorporated in the Millennium Series drill bit, is a natural extension of technology first pioneered by Security DBS in the late 1970s. By incorporating this diamond back-up design into proprietary whirl-resistant bit designs, the bit series technology pushes PDC bits into harder rock, from the top end of IADC code five series roller cone equivalent, into the six series drillable rock.
"By combining the strength and durability of impregnated diamonds with world-class engineered bit design, which incorporates Security DBS' "Design at the Customer Interface," Application Design Engineers can custom-design a bit for harder formations," said Jody Powers, president, Halliburton Energy Services. "This new technology allows operators the advantages of hard rock drilling with a fixed cutter bit, where previously, a roller cone had been the only choice."
The key to the Millennium Series bit, which includes four design types, is Security DBS' proprietary process. Diamond segments and disks are produced at a lower temperature, resulting in self-sharpening synthetic diamonds that are able to drill the tougher formations. A double phase impregnation process is used that produces a self-sharpening cutting edge, as well as providing erosion and abrasive wear protection. Diamond impregnated cylinders trail the PDC cutters in a seamless direct extension; thus, when abrasive rock is encountered, PDC cutters wear down slightly and the diamond cylinders effect a micro-shearing action. As softer rock is re-entered, the PDC cutters take over again until the next hard layer is encountered.
Security DBS' diamond impregnation technology also allows for the fine-tuning of bit designs, through the use of the Design at the Customer Interface concept. This concept empowers an Application Design Engineer to provide product selection, application, design, and evaluation expertise at a local drilling site or throughout the region. The bit can be customized for a variety of applications by varying the length of the back up row, the volume of diamond, and the range of matrix material that holds the diamond. Such flexibility enables PDC technology to move into what traditionally have been harder roller cone levels of hardness.
The Millennium Series mixed cutter bit designs have been proven in South America, the Gulf of Mexico, and in the North Sea, where in one well, a single FM2000i bit replaced five roller cone bits and trip time normally required to drill out the hard layers.
Halliburton Energy Services provides products, services, and integrated solutions for oil and gas exploration, development, and production. Capabilities range from initial evaluation of producing formations to drilling, completion, production enhancement, and well maintenance - for a single well or an entire field. With more than 300 service centers in more than 90 countries, Halliburton possesses the global perspective that is increasingly important for energy exploration and production.
Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments.
Contact
Wendy Hagan
wendy.hagan@halliburton.com
Halliburton Company
Public Relations
(p) 713.676.5619
Wendy Hall
wendy.hall@halliburton.com
Halliburton Company
Corporate Relations
(p) 713.676.5227
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