Product Portfolio - PDC Drill Bits & Downhole Tools For .

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Product Portfolio An ESCO Oil & Gas Company Behind every bit is a company that knows every bit about it.When Every Run CountsTM

An ESCO Oil & Gas Company Ulterra designs andmanufactures high-ULTERRA Advantages Fast and effective customer response Drilling focuseddownhole tools for the Modern manufacturing facilitiesglobal oil and gas industry. Consistent quality Outstanding PDC bit performanceWhen Every Run Counts, you need a Talented PDC expertsdrilling-focused partner like Ulterra whose Advanced engineering tools for cost-effective applicationsperformance PDC bits andsole purpose is matching the right PDCbit with the application to lower yourdrilling costs.Named “the fastest growing drill bitcompany” by a prestigious oilfieldresearch company, Ulterra is the bitsupplier of choice when drillers requirea partner with unmatched credibility anda commitment to excellence. Ulterra2Engineeringis unique by its flexibility to changing4PDC Drill Bits5PDC Cutter Technology6U-Technology8PDC Optional Features9Nomenclatureindustry dynamics and its ability torespond to a customer’s specificapplications with customized solutions.Its strength resides in the experience andwisdom culled from industry veterans,designing high-quality, high-performance10TorkBuster TruGaugePDC bits for a global market.11Inertia Friction Reduction Tool12References13PDC Dull GradingWhen Every Run Counts, operatorscount on Ulterra.1

ULTERRA Field EngineeringULTERRA Design EngineeringUlterra places applications engineers close to thecustomer at the district level to ensure customerrequirements are fully understood and productsdeliver the desired results.Ulterra engineers employ the very latest technolgies, including advanced computer-aided design(CAD), to develop reliable bits that consistentlymeet and exceed customer requirements.Performance Database - Ulterra’s proprietary Performance3D Solid Modeling Design - Ulterra design engineers useDatabase captures well and offset runs information to put vital3D modeling design tools (CAD) to accelerate design and toinformation at our engineer’s and sales team’s fingertips.insure that high quality precision is built into every bit. Once thedesigner’s intent is verified, an automated process creates thedrawing packages for production. This state-of-the-art designUlterra RAP - Run Analysis reports put vital performance informationtool guarantees unmatched precision and design repeatabilityinto our customer’s hands recapping recent performance of our bitsfor a bit built now or in the future.and ensuring the value of continuous product improvement in yourdrilling Application.Computational Fluid Dynamics - To reduce the tendencyfor bit balling and to reduce erosion of the bit body, UlterraRock Analysis - Ulterra’s Rock Destruction Analysis tool helpsEngineers utilize CFD analysis to balance fluid flow , cutterour sales team and engineers better understand our customer’scooling and erosion in each of their bit designs.challenging drilling environment to ensure proper application of ourlatest technologies.Blade Strength Calculation - Each bit design undergoes amathematical process to optimize blade strength and geometry.Cypher Application Database - Cypher captures analyticalPhysical & geometrical characteristics of each blade areknowledge of drilling applications and defines the goals ofadjusted to optimize blade integrity and cuttings flow.engineering projects in terms of customer needs.Work Curve Analysis - Each bit undergoes an analysis ofPerformance Chart Maker - Ulterra’s PCM is unrivaled in theindividual cutter work load to reduce cutter imbalance. Cutterindustry. This tool allows fast analysis of Ulterra’s product vs. ourconfiguration is then designed to distribute work evenly amongcompetition to ensure product performance and delivering superiorthe cutters to increase a bits drilling efficiency.value to our customers.23

ULTERRA PDC Drill BitsUlterra designs and builds PDC bits from either steel ortungsten-carbide matrix body materials to meet customer-drivenapplication and performance demands. Complete design andmanufacturing flexibility allows Ulterra to use the best materialsfor the job, whether that means achieving the shortest makeup length in the industry with a single piece integrated-body steel bitor a fighting off sour gas corrosion with a resistant matrix blend.ULTERRA PDC Cutter TechnologyThe Ulterra LightSpeed cutter developmentprocess assures our customers receive themost advanced cutter technology in everybit they order. LightSpeed is the exclusive process Ulterra developed toensure you always receive the latest generation cutter – thelifeblood of any high performing PDC bit. The responsivenessWith all of Ulterra’s PDC bit’s you can expect aquality product with consistent performance.and flexibility inherent in LightSpeed means Ulterra canconsistently deliver the most reliable PDC bits in the market, Premium PDC Cutters – New PDC cuttertechnologies are continually tested to ensureall bits employ the most current, cutting-edgetechnology and custom designs provide the idealcombination of aggressiveness and durability fora specific application.often well before the competitors have completed field trials.That means you are assured that every bit arriving on yourlocation will be a new design customized for your application.Actual West Texas field tests drilling identicalformations illustrate LightSpeed XTi cutters(right) are significantly more impact resistantthan earlier generation cutters.No longer do you have to wait for an overstocked inventoryto be whittled down before receiving the most advancedtechnology.What’s more, Ulterra has been recognized as having notonly the fastest, but the most thorough and quality-focusedtesting procedure in the industry. The result is two families ofEnhanced Hydraulics - Computational FluidDynamics is used to optimize nozzle placement,flow balance and cuttings evacuation tomaximize bit cleaning, cutter cooling and reducebody erosion.PDC cutters engineered for specific applications. This toolallows fast analysis of Ulterra’s product vs. our competition toensure product performance and delivering superior value toour customers.Proprietary Technology – Superior materialstied to application-driven customer needs. Bitsrun longer, faster, with less damage.Impact Toughness Performance Driven Solutions – Every designvariable in the book is used to tailor designs foroptimum ROP and durability in the customer’sapplication and goal set.MAGNUMEarlierGenerationNITROAbrasion Resistance4LightSpeed MAGNUM delivers exceptional impact resistance forextended reach and similarly demanding drilling applications.LightSpeed NITRO offers the utmost in abrasion resistance,making it ideal for hard-rock and high-temperature drilling,particularly in the shale plays.5

ULTERRA Ulterra U-TechnologyUlterra’s “U-Technology” brand represents our commitment tobe a top performer in every field we operate. We achieve thisperformance by focusing our applications engineering teamson a district level to insure continuity of local knowledge anddecrease the time it takes to bring a solution to the field.CounterForceOneShotTMUlterra’s OneShot designated bits are designed specifically for curveand lateral applications to reduce drilling time and hit precise directionaltargets without unnecessary bit-trips. OneShot bits have been provenin their specific applications to save operators money and reduce risk byreliably achieving build rates. Reduced drilling time in the curve Decreased risk of bit trips Excellent directional controlTMA patent pending PDC bit technology which utilizes a unique cutterconfiguration to lower bit reactive torque and vibration, dramaticallyimproving drilling efficiency. Unlike traditional PDC bits, the cutters ofthis step-change advancement work together to lower lateral vibrationand increase crack propagation. The CounterForce cutting structureis engineered to slice through rock while maintaining a more consistenttorque signature thus increasing stability and ROP. Reduced torque and vibration Improved drilling efficiency Improved directional performance Higher ROPSplitBladeTMSplitBlade looks different because it is different. The physical disruptionof the typical straight blade keep cuttings separated through evacuationto keep the cutting structure clean. Dedicated hydraulic flow tophysically separated portions of the cutting structure sweeps cuttingsdown the junk slot, reducing the risk of balling up in the bit. Dedicated flow to troublesome areas Reduce risk of balling Improved cuttings evacuationFastBackTMFastBack’s unique shape gets the blade out of the way and the cuttersdeep into formation. Instead of limiting PDC bits by the weaknessesof the materials, FastBack strategically aligns their strengths, eachcomponent enhances the others. The body material maximizes strengthwithout restricting the cutting action or evacuation. Advanced surfacecoatings provide maximum erosion control without sacrificing strength.Hydraulic pathways have ultimate flexibility to enable extreme ROP. Allof which converge on driving all available drilling energy into premiumdiamond cutters application optimized through Ulterra’s industry-leadingLightSpeed cutter testing program. The result—another stepchange inUlterra’s front-running reliability and ROP.6Heavy Oil Grade SeriesTM Energy focused on the cutters drills faster with lower WOBHeavy Oil Grade matrix body PDC bits are designed to drill longdistances with excellent steerability, repeatability and backreamingcapability. The bit’s abrasion-resistant, XT cutters optimize diamondexposure to the formation to protect the bit body; improve ROP, andenable the bit to remain in the hole longer. Enhanced hydraulics and astep-down feature behind each blade prevent sand and debris buildup and help ensure accurate steerability over the entire lateral length,even in the most unconsolidated sands. A strengthened gauge padand robust backreaming feature ensure trouble-free backreaming whilemaintaining the original gauge diameter specifications. Wide open blade structure provides optimal hydraulics Abrasion resistant Quality-focused design and process ensures industry-leading reliability Higher ROP Materials used deliver consistent performance Enhanced steerability7

ULTERRA PDC Optional FeaturesLoad LimitersTCI inserts reduce depthof cut and minimizetorque variationsCasing Drill OutTCI positioned toenhance bit’s casingdrilling capabilityULTERRA NomenclatureFixed PortsOpen areas toimprove hydraulics inbit designs with spacelimitationsIn-gauge PDCFlush mounted PDCcutter positionedin gauge for addedprotection drillingabrasive applications.8.75 (222) U616SUlterraPremiumProductBit size in diameterSize (in.)Extended GaugeLonger gauge thanstandard for greaterstability8Short GaugeShorter gaugethan standard forenhanced steerabilityUp Drill CuttersPDC cutter positionedto enhance bit’smovement whentripping out of thehole.mmNumber ofBladesCutter Size(mm)Bit oad LimitersCounterForce 4.500114413SteelCasing Drill OutFastBack 117516Double Row CuttersOneShot 4.750121619Extended GaugeSplitBlade 5.2501337Fixed PortsHeavy-Oil Grade5.5001408In-Gauge PDC5.8751499Short Gauge6.00015210Up Drill Cutters4.625Double Row CuttersRow of back-up cuttersUlterra’s design catalog has over 3,000 unique part numberswith products ran in every major market around the world.We are constantly increasing our capacity to build premiumPDC bits that are exactly what YOU 75037416.00040617.50044418.50047026.00066011129

ULTERRA Inertia Friction reduction ToolULTERRA TorkBuster The INERTIA tool generates lateral vibration into thedrill string to reduce friction. Its ability to add frictionreducing vibration into a drill string can enhance weighttransfer to the bit, alleviate torque and drag effects inthe string and aid in drilling efficiency.Ulterra’s unique TorkBuster tool dramaticallyreduces bit related torque and stick-slipproblems adding significant efficiency todrilling operations. Improved stability, reduced stick-slip Smoother reactive torque in BHA Improves bit life and ROPThe INERTIA tool requires a much lower pressure to operate, up to ten times lower pressure Extends PDC bit rangedrop than competitive tools. Thanks to INERTIA, running multiple vibration tools at problem Enhances directional controlareas throughout your drill string is possible. Its unique design generates energy without Reduces BHA fatiguerestricting pressure pulses, eliminating concerns with MWD frequency interference. In addition,its robust all-metal construction will provide industry leading operating life.In today’s extended reach highly deviated drilling applications, the complexity of the well pathand increased drill string friction often impede a driller’s ability to drill efficiently. The inability toslide, drill fast and achieve targets cost time and money. The fully compatible INERTIA Toolstimulates the drill string, increasing drilling efficiency and extending reach in lateral intervals.ULTERRA TruGaugeShort near bit stabilizer designed specifically toachieve a better quality well bore by reducing holespiraling and increasing directional control by changingthe location of the BHA contact points.10 Removes bit related Stick-Slip and improves bit stability Allows use of more aggressive/efficient cutting structures Improves bit life and ROP Allows harder formations to be drilled with PDC bits Allows easier control of directional assemblies Reduces fatigue on BHA components Reduced reactive torques Improved tool-face control Faster ROP Added lateral vibration to drill string enhances weight transfer to bit anddrilling efficiency Lower pressure drop allows utilization of multiple tools Zero mud pulse eliminates MWD freq

Heavy Oil Grade matrix body PDC bits are designed to drill long distances with excellent steerability, repeatability and backreaming capability. The bit’s abrasion-resistant, XT cutters optimize diamond exposure to the formation to protect the bit body; improve ROP, and enable the bit to remain in the hole longer. Enhanced hydraulics and a