Varel International Introduces IMax Series Impregnated Drill Bits

Varel International Introduces IMax Series Impregnated Drill Bits


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FT. WORTH, Texas--(BUSINESS WIRE)--Mar 4, 2014--Varel International Oil and Gas, the world’s largest independent supplier of drill bits for the oil and gas industry, announces the commercial launch of the new IMax™ series diamond impregnated drill bits for hard and abrasive formations. The highly flexible series, available with a hybrid cutting structure design, can be equipped with turbine sleeves and box up connections.

Varel International IMax and IMax+ line of impregnated drill bits. (Photo: Business Wire)

The high-performance IMax series bits are based on the latest in design, material and manufacturing science and optimized to drill faster and last longer in challenging applications.

The product line features:

Strict diamond selection ensuring diamonds of similar size and quality New pelletization process, preventing diamond aggregates and reducing areas of low diamond concentration Improved diamond/matrix bonding Infiltration in controlled temperature environment for reduction of oxidation and graphitization, resulting in improved bit wear characteristics and durability Cylindrical, hot isostatic pressed (HIP) segments tailored to the formation Custom cutting structure design by proprietary SPOT™ bit design program “The IMax series is the result of combining the best practices in impregnated drill bit design, new materials and manufacturing processes,” said Cary Maurstad, Global Product Manager for Fixed Cutter and Roller Cone Drill Bits. “Taking these individual pieces and finding their exact balance led to the development of an all new product series for Varel.”

Maurstad continues, “Our field tests have validated our efforts and we are excited to deliver this solution to our customers for their tailored drill bit solutions.”

IMax+ Provides Hybrid Cutting Options

IMax+ adds premium Vulcan® PDC cutters for a hybrid design with a dual cutting structure. The bit design is particularly effective in less-consolidated sandstones or when drilling from a softer formation into a harder and more abrasive formation, where durability is key. PDC cutters are strategically located on the cutting structure for increased formation shearing. As the formation becomes harder or more abrasive, the PDC cutters wear down to expose the HIP cutting structure to the formation.

Varel subject matter experts will be on-hand for the announcement of the product launch during the evening reception Tuesday, March 4, at the 2014 IADC/SPE Drilling Conference, booth #104.

About Varel International

Founded in 1947, Varel International is the world’s largest independent supplier in the global oil & gas drill bit market. Headquartered in Carrollton, Texas, Varel services oil & gas, mining, and industrial markets with its comprehensive suite of roller cone and fixed cutter drill bits. The company employs more than 1,300 people and has manufacturing facilities in Houston, Texas; Matamoros, Mexico; Tarbes, France and Kurgan, Russia, as well as sales offices throughout the world. Varel’s proprietary design capabilities, efficient manufacturing, and global sales force uniquely positions the company to provide high-quality drill bits that deliver excellent performance and value to its customer base. For more information, visit www.varelintl.com.

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20140304005044/en/

CONTACT: Varel International

Brandi Sherman, +1.281.670.2413

Marketing Manager

bsherman@varelintl.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES MINING/MINERALS

SOURCE: Varel International

Copyright Business Wire 2014

PUB: 03/04/2014 10:00 AM/DISC: 03/04/2014 10:00 AM

http://www.businesswire.com/news/home/20140304005044/en

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Varel International

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