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.

This generation U616M is the result of extensive bit design and cutter testing in the Granite Wash play. "A unique cutting profile along with the latest cutter technology gives the bit unmatched durability in transitional drilling," says Ryan Wedel, Ulterra Applications Engineering Supervisor. "This allows the bit to maintain a high rate of penetration throughout the interval in a variety of interbedded formations." The U616M has set multiple footage records in the Granite Wash play.

CONTACT:
Justin McMillan
817-551-9711
jmcmillan@ulterra.com