BlueFire, not
content with resting on the laurels of their already impressive PDC bit
technology, developed over several years using frontline industry experience
and the genius insights into fluid dynamics/thermodynamics provided by the
company’s R&D team leader, noted physicist Dr. Anatoli Borissov, debuted
their latest answer to seemingly endless global shale recovery demand today,
with the roll out of a line of premium steel bits.
This move follows up
on the company’s rousing successes with their matrix PDC bit line (more
expensive tungsten carbide), providing drillers a more economical, but still
extremely high quality tool. The new bits feature the same proven elements that
operators have come to know and love, like strategically aligned high-pressure
jet nozzles paired with large-face polycrystalline diamond compact (PDC)
cutters (resulting in a much better/lubricated cut and also improving bit
lifespan), but the new bits also feature novel design improvements that were
kicked up during the latest development effort by BLFR’s scientists. The team
has hit upon some key new methods with this latest design, yielding a high
performance unit with enhanced calibration of the cutters to the bit body, an
impressive feat that was achieved as the company went back to the drawing board
over their first made-to-order bid for international markets.
Chairman and CEO of
BLFR, William Blackwell, emphasized the optimal economics and performance of
this new steel bit line for both domestic and international markets, where
aggressive developers will likely flock to the hard rock and shale devouring
capabilities of this considerable improvement upon the company’s standard
technology. Blackwell tipped his hat to markets that this debut would usher in
some serious expansion potential for BLFR as developers at home and abroad rush
to snap up these more advanced technologies for going after untapped reserves,
with a constant drive to increase output from existing fields spurring momentum
forward.
Rigorous testing has
shown that Houston-headquartered BLFR’s field-proven design reduces temps on
the PDC cutters by over 300 Celsius (572 Fahrenheit, as much as a 30%
temperature reduction), with the directed port technology not only preserving
bit life and sweetening overall rates of penetration, but more ably clearing
cuttings, improving operational consistency itself. The minimum hassle, maximum
performance and lifespan profile of BLFR bits, already well known throughout
industry, is about to go to a whole new level with this ltatest, extremely
compelling offering. Investors should keep a close eye on BLFR performance as
the roll-out gains traction.
For more information
on BlueFire Equipment Corp., visit www.BlueFireEquipment.com
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