Drilled More Than 30 Million Meters with the NewTech Services Drill Bits and Services
March, 2024, Moscow – NewTech Services is one of the leading drill bit manufacturers and service providers in Russia and CIS. 2023 is marked with a new milestone in Drill Bit Services.
Since 2010, the NewTech Services drill bits drilled over 30 million meters.
In 2012, a full-cycle plant for the production of matrix and steel drill bits with polycrystalline diamond cutters (PDC) was built and commissioned in Kurgan. The plant became one of the first production sites in Russia built in accordance with global production standards and certified in compliance with Requirements for Quality Management Systems for Production Organizations of the Oil and Gas Industry.
To date, the plant has produced more than 5000 bits. The production capacity of the plant allows producing over 600 bits per year and repairing over 1500 bits per year.
The drilling records, led by innovative technologies and in-house manufacturing, became a hallmark of the NewTech Services drill bits. Application of the NewTech Services matrix and steel body drill bits allows achieving maximum ROPs while maintaining the durability of the cutting structure in different geological environments. NewTech Services is a leading matrix drill bit manufacturer in Russia with a proven successful track record of their application in Eastern Siberia.
NewTech Services’ application-specific bit design answers the most complex challenges in drilling. Due to its high quality, the company’s drill bit products and services meet an increasing demand both in the domestic market and abroad. Today NewTech Services’ drill bits are applied in all regions of oil and gas production in Russia and many regions outside.