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Tricone rock bit. Well drilling is the process of drilling a hole in the ground for the extraction of a natural resource such as ground water, brine, natural gas, or petroleum, for the injection of a fluid from surface to a subsurface reservoir or for subsurface formations evaluation or monitoring.
For bits to be used in these situations, the ability of the bit to be more easily "steered" during drilling has become a third, possibly driving, primary goal of the design. The ability of a bit design to satisfy the two primary goals is constrained by a number of factors, most importantly the wellbore diameter.
Watts Brothers Tool Works is a tool manufacturer located in Wilmerding, Pennsylvania.They are known for manufacturing drill bits that can drill square holes, [1] [2] including blind holes, which cannot be made with other methods such as broaching.
The company was established in December 1908 [1] as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs. He partnered with longtime business associate Walter Benona Sharp to manufacture and market the bit.
The company is now known as the largest supplier of oil well drill bits in Canada. The company is headquartered in Calgary, Alberta and employs more than 41 people. [1]
The original part of the company, Smith Bits, grew out of a blacksmith shop in the small town of Whittier, California, in 1902. It was there, at the age of 20, that Herman C. Smith became the right man in the right place at the right time: oil was discovered nearby and the local drilling operators needed their fishtail bits sharpened.
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