Saturday, 26 September 2015

Global Gas and Oil Drill Bits Industry - Market Research 2015-2019

About drill bits in oil and gas industry Drill bits are mechanical tools that cut and crush rocks to create wellbores for the extraction of hydrocarbons. They are mainly used in drilling operations for oil or gas wells, either onshore or offshore. They are broadly classified into two major categories: Fixed-cutter bits Roller-cone cutter bits Fixed-cutter bits Fixed-cutter bits do not have moving cones. They integrate cutting elements into the bit's body and are designed to excavate holes by shearing, instead of cutting or gouging. Based on type, they ...more >>

from Infiniti Research Limited Market Research Reports