The Smith Bits Drilling Record System (DRS) is a collection of nearly three million bit runs from virtually every oil and gas field in the world. This database was initiated in May 1985 and, since that time, records have been continuously added for oil, gas and geothermal wells. DRS contains a wealth of information that enables our design engineers to evaluate individual bit runs anywhere in the world. Armed with this detailed set of data and the extraordinary capabilities of the IDEAS design system, engineers can simulate bit performance, and make changes to their bit designs to optimize performance in a specific application.
In addition to its use as a database for bit design, the DRS system also allows Smith Bits' DBOS (Drill Bit Optimization System) to provide an accurate well plan for a customer to ensure that the right bit is run in a given formation. With this comprehensive plan in place prior to beginning to actually drill the well, our customers are able to reduce risk, lower drilling costs, and shorten the total time required to drill their well.
The inclusion of bit record data from your wells in Smith Bits' DRS contributes to better drill bit selection and application for your drilling program. The Smith Bits DRS can be accessed through your Smith Bits Application Engineer or Sales Representative.