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Baker Hughes introduces long-life PDC bit to reduce trips in high horsepower drilling operations

The Dynamus bit is built on a new, robust frame that incorporates stabilizing elements to prevent lateral vibrations as well as proprietary cutters engineered to minimize wear.

Baker Hughes Incorporated announced the commercial release of its Dynamus extended-life polycrystalline diamond compact (PDC) drill bit which can significantly reduce drilling costs by eliminating trips to replace bits or bottomhole assembly (BHA) tools that wear out in high horsepower drilling operations. The Dynamus bit is built on a robust frame that incorporates stabilizing elements to prevent lateral vibrations as well as proprietary cutters engineered to minimize wear...

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Xvision Software launches first cloud-based technology to digitize offshore field development

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Xvision Software has launched FieldAP, the first 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. The online tool is capable of accelerating project timelines by up to 80%, especially during the early concept and FEED phases. These time savings can drive cost savings as high as 70% across the life of the project. FieldAP uniquely brings all offshore field development project data – assets and activities, both subsea and topside – into plain sight through easy-to-understand online 2D/3D visualizations. The tool’s digital working environment also provides the power of real-time multi-location collaboration, allowing users a lower risk of communications errors, reduced costs in the ...

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