Ulterra Bit Sets Record in the Oklahoma's Granite Wash Formation

Ulterra Bit Sets Record in the Oklahoma's Granite Wash Formation

A new 12.25-inch U616M, six-blade matrix PDC bit with 16mm cutters recently set a Roger Mills County footage record in western Oklahoma. The Ulterra bit drilled 7,065 ft. from surface casing down to a depth of 8,115 ft., saving the operator an estimated $44,500 versus the closest offset and $88,500 versus the average of five offset wells.

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