Particle Drilling

Particle Drilling Technologies in Houston, Texas, holds a strategic advantage in the surge in land-based drilling in the United States. In particular, with shale drilling activity on the rise and with many of these fields containing substantial hard-rock protective layers, Particle Drilling has developed patented technology to provide energy companies with the means to navigate these formations more efficiently. This innovative technology reduces drilling time while also dispensing with the need for unreliable and overly expensive equipment.

Particle Drilling can assist gas and oil firms planning to drill in the hard rock that exists in the Haynesville and Marcellus formations, as well as in the Rocky Mountains, the Permian Basin, Oklahoma, and the Deep Bossier region in Texas. The company estimates that these areas could result in annual revenues of $1 billion or more, given its unique technology. Aside from these U.S. plays, hard-rock drilling activity happens daily in countries such as Italy, Australia, Oman, Kuwait, Brazil, and Mexico, to name only a few places that could benefit from the technology. The global introduction of the Particle Drilling Technologies system looks to be a highly profitable endeavor.

Beyond these advantages, Particle Drilling understands that the industry continues to move steadily toward uniform well manufacturing. Aspects such as fluid properties, bit types, intervals, and bottom hole assemblies (BHAs) are becoming standard; with best practices largely in place, companies have turned their attention to reducing the cost of extraction. The firm meets this need by utilizing fluid-drawn steel particles that do not hamper normal rig pump operation while breaking through hard rock and other abrasive formations in a much more expeditious manner. Indeed, according to a study performed by an energy consultancy, Particle Drilling possesses the ability to save companies operating 200 wells approximately $100 million in costs over a five-year period.