Drilling Depth world records were set by Timken bits
[June 27]CANTON, Ohio (BUSINESS WIRE) -- The Timken Company
(NYSE:TKR) announced that an end user, Smith Technologies, has been
recognized for setting three world records with a two-cone rock
bit made from Timken(R) steel. In February, Smith Technologies'
two-cone bit was used in Qatar to drill the longest single distance
by a roller cone bit - 24,591 feet, or 4.7 miles (7.5 kilometers).
of two specialized grades of Timken(R) alloy steel forging bar,
the rock bit used for a gas well in Qatar set three individual records:
longest distance drilled with a roller cone bit, longest distance
drilled with a milled tooth bit and longest distance drilled by
a two-cone bit.
Smith Technologies, based in Houston, is a leading
supplier of drill bits that incorporate 21st century engineering
and materials technology to offer outstanding performance in a wide
variety of drilling applications. The two-cone design offers performance
advantages relative to the widely accepted three-cone rock bit,
resulting in greater rig efficiency and driving down costs for end
"For our finished products to be as successful
as we want them to be, we needed a steel company with a history
of proven performance that would be a reliable, high-quality supplier
and provide technical support for our growth," said Gay Norris,
purchasing manager for Smith Bits, an operating unit of Smith Technologies.
"For more than a decade, Timken has been the answer to our needs,
and the recent record-setting depths are proof of our combined success."
Timken steel is provided to Smith Technologies
through Ryerson Incorporated, a Timken authorized distributor in
California. Ryerson manages inventory for California Amforge in
Azusa, Calif. California Amforge forges the bit components for Smith
"This is so rewarding because it highlights our
expertise in maximizing performance for our customers," said Troy
Powell, account manager for Timken's steel business. "You may not
see Timken's name in the record book for it, but we take great pride
in knowing that our high-quality alloy steel was a good combination
with the design to make the bit so successful."