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Smith PDC 6 1/8" Bit XZ516 AxeBlade (1 Bit)

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Supporting Documents

ID: 182989563
Quantity: 1 Drill Bit
Manufacturer: Smith
View more items from this manufacturer
Model: XZ516
Condition:

Used surplus.

# of Bids: 5 PLACE A BID
Asking Price: Please log in to view Asking Price.
Product Location: Brazil
End Time: Bid As Soon As Possible
Time Remaining: Bid As Soon As Possible
Market Maker: Jose Garcia   281-205-0719 /713-229-9000 x119ASK A QUESTION

Seller Description

This Smith 6 1/8" PDC Drill Bit was used to drill oil wells in the state of Piaui, Brazil. The oil company that owns it no longer needs the bit for its onshore operations and, therefore, is selling it to recover part of their investment and free up inventory space.

  • Make: Smith
  • Model: XZ516
  • Size: 6 1/8"
  • Type: Polycrystalline Diamond Compact (PDC)

Increased cutting efficiency for instant ROP improvement

Axe elements employ a unique geometry that cuts rock in a new way—a combination of shearing and crushing. This cutting method achieves at least 22% deeper penetration, removing more formation to provide higher instantaneous ROP when using the same WOB and rpm applied to conventional PDC cutters. The diamond table on the element ridge, which is 70% thicker than that of a conventional cutter, gives the Axe element increased frontal impact resistance. For operators, this means that the AxeBlade bit delivers improved durability and dull condition for maximum ROP throughout the run.

Field tests of the AxeBlade bit have demonstrated up to 29% improvement in ROP compared with similar bit designs using conventional PDC cutters, resulting in significant rig time and cost savings for operators.

Seller Terms

  • Salvex and the seller have the right to reject any and all offers.
  • This product is sold AS IS, WHERE IS.
  • Buyer is responsible for all taxes, duties, loading and freight charges.
  • Seller does not offer any warranties or manufacturer warranties.
  • Upon receipt of cleared funds, Seller will provide the Buyer a Release Order for item pick up. Title transfers from Seller to Buyer upon issuance of the Release Order.
  • It is Buyer's responsibility to verify quantities and condition at the time of pick up. Once the product has been removed from Seller's location, there will be no adjustments based on quantity or condition.
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