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Ulterra Bit Drills Entire Eagle Ford Well at Record Pace
FORT WORTH, TEXAS -- The new U616M, 8.75-in., six-bladed matrix bit with 16-mm cutters drilled from surface casing to TD at a record pace of 93 ft/hr. All three intervals – the vertical, curve and lateral – were drilled with the same bottom hole assembly, reaching TD without a trip out of the well. A total of 9,953 ft was drilled in 107 hrs, a time savings of 37.5 hours over the fastest competitor offset of 144.5 hours. Cost savings were $73,566 versus the direct offset and $133,024 versus the average of five competitor offsets.
[read more]Ryerson Announces New Long Products Service Center in Houston
CHICAGO – Ryerson Inc., a leading processor and distributor of metals in North America and Asia is proud to announce the opening of a new service center in Houston, Texas, completely devoted to the processing and distribution of long products.
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