PDC bits are the workhorses of the oil field and the risk of time-consuming and costly trips is greatly reduced.

Polycrystalline diamond compact (PDC) bits are the workhorses of the oil field. Features such as cutter types, cutter layout, and blade geometry are continuously being evaluated and improved to deliver value and drive down drilling costs. Certification with the IDEAS integrated dynamic design and analysis platform ensures these bits offer optimal performance.

Additionally, the IDEAS platform and field experience show that a single dynamically stable bit design can provide exceptional performance with a variety of drilling systems, especially in directional drilling. The earlier perception was that each type of rotary steerable system (RSS) or steerable motor BHA required its own bit design with highly specialized directional features. Bits with IDEAS platform certification are stable and produce less torque and stick/slip in transitional drilling. The risk of time-consuming and costly trips due to shock and vibration is greatly reduced.

Source :- https://www.slb.com/drilling/bottomhole-assemblies/drill-bits/pdc-bits#related-information

Schlumberger

Established in the year 1926, Schlumberger is the world’s first well logging company. Recognized as one of the leading oilfield services companies in the world, Schlumberger is a major supplier of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The Houston-based firm has a global footprint with offices in more than 85 countries and employing approximately 100,000 people.

Schlumberger’s product portfolio encompasses the most comprehensive range of products and services. It offers services such as exploration through production and integrated pore-to-pipeline solutions. The oilfield services giant has shown strong commitment towards technology and innovation, through a network of technology centers around the world.