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Our drilling products and services segment manufactures
and sells a full range of proprietary and American Petroleum Institute
(API) drill pipe, drill collars, heavy weight drill pipe, and accessories.
These drill stem products make up the principal tools (other than
the rig) used for the drilling of an oil or gas well that are located
between the rig floor and the bit. Our drilling products primarily
include highly engineered tools specifically designed for today's
difficult and harsh drilling environments and include a wide variety
of sizes, designs, and metallurgy.
Our tubular technology and services segment designs, manufactures,
and sells a complete line of premium connections and associated
premium tubular products and accessories. The term "premium" connections
refer to threaded connections with a gas-tight seal and the ability
to handle high torque, tension, and pressure. Premium tubulars
are seamless casing and tubing (as opposed to rolled welded) with
high-alloy chemistry and superior burst and collapse-resistance
characteristics under harsh conditions. Our connections and premium
products are used primarily for the completion of gas wells and
offshore and other wells that are drilled in harsh high-temperature
or high-pressure environments or in environmentally sensitive areas.
ReedHycalog® is a leading manufacturer and supplier
of drill bits and related applications technology. Our roller
cone and fixed cutter product lines offer specialized solutions
for a full range of drilling operations. These bits reduce drilling
costs and risks through the use of advanced materials, designs,
engineering and software. Our long-term commitment to a culture
of learning and knowledge sharing ensures industry-leading performance.
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