Product Description
At the beginning of the new century, Polycrystalline Diamond Cutter PDC bits accounted for only 20% of global bit usage, but in the past 19 years, the market share of roller bits and Polycrystalline Diamond Cutter PDC bits has fundamentally reversed - currently Polycrystalline Diamond Cutter PDC bits account for 80% of global bit usage.
This growth is mainly attributed to the continuous innovation of Polycrystalline Diamond Cutter composite materials and manufacturing processes. The improved PDC composite enables Polycrystalline Diamond Cutter PDC bits to conquer formations that were previously thought to be only drilled using roller bits. During this period, the performance optimized polycrystalline diamond composite sheets further promoted a leap in the efficiency of PDC drill bits: the average single pass drilling footage increased by 28%, and the mechanical drilling speed increased by 68%. It has been widely applied in high-end fields such as shale gas and deep-sea oil and gas
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