Drilling Contractor: 3 classes for PDC bits of the future: fit for purpose, special application, part of automated drilling system

Editor’s Note: This article is the second in a two-part series on PDC technology. The first part, published in the July/August 2015 edition of DC, summarized where we have been and how we got here in PDC cutters and bits. Historically, periods of significant downturn and economic strain on the industry have yielded innovative improvements in polycrystalline diamond compact (PDC) cutter or bit technology. These events and the resulting technological developments were reported in the July/August 2015 issue of Drilling Contractor and in an IADC eBook. This year finds the industry in another major down cycle and disruption to the industry for drilling contractors, service companies and operators, with resulting impact on the PDC cutter and bit manufacturers. Predicting the future is just second guessing, but having been asked to build upon the prior article from last year, we have stepped back, searched the intellectual property and publications in the industry, and looked at what the future may hold for bit…

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