WorldWide Drilling Resource

It was 1957; Elvis Presley and Buddy Holly were on the radio, 12 Angry Men and Old Yeller were playing at the theater, and Robert Palmer launched Palmer Bit Company . The company’s original product was the Red Devil drag bit which Robert first developed for the water well and seismic industry. The company thrived, and when Robert passed away in 1978, his son Richard took over. Richard decided to allow longtime employee Kevin Christensen become a partner in the company in 2005, and when Richard retired in 2012, Kevin became the new owner. Over the years, the company has shifted its focus to other drilling-related fields. While manufacturing PDC bits, they noticed an increased demand from the emerging geothermal industry, and were quick to respond. After working with some monumental geothermal projects, the company was able to design and develop the Diamond Devil™ PDC bit in 2008. Made in the USA, with U.S. steel, this bit is capable of chewing through tough formations with faster penetration rates and longer bit life, at a lower price. The company’s six-wing Diamond Devil PDC bit was able to lower bit costs even more. Geothermal drilling contractors around the world continue to be pleased with the fuel savings and the incredible impact the Diamond Devil PDC bit has on their bottom line. Progress never stops at Palmer Bit, plans to expand the PDC bit line into the horizontal directional drilling (HDD) industry is underway. The Diamond Devil HDD PDC bit leverages the design of the Diamond Devil open-wing PDC, with double the carbide on the gauge for HDD applications. Palmer Bit’s focus on lowering bit costs and increasing penetration rates has made them a vendor of choice for high-quality bits and superior customer service. The knowledge gained is shared throughout the industry as drill operators around the world learn which bits work best in each formation through the numerous semi- nars and classes the company provides. Being available to help customers 24 hours a day is important to the Palmer Bit Team; afterall, most drill sites don’t stop working at 5 p.m. In addition to bits and technical support, the company offers re-tip service for both rock and drag bits in addition to restoring button bits in-house. With the drilling professional always in mind, the company also carries drilling tools from other manufacturers to provide a complete line of tools. They repair not only their own PDC bits, but all PDC bits with a customary one-day turnaround, striving to match each drilling bit to its unique formation and situation. A lot of companies may talk about customer service, but Palmer Bit Company delivers! Expedited production and shipping for U.S. and international customers is top priority. In fact, you will find Palmer bits at jobsites in over 17 countries around the world. The company understands time spent waiting for a bit is lost revenue, so they carry a large inventory to meet quick turnaround times. The company continues to research and develop new bits for the industry. Currently, they are adding a new tungsten carbide gauge to all bits. You can count on Palmer Bit Company to lead the industry in drill bit development. This Diamond Devil™ PDC bit was sent to Palmer Bit for repair after drilling 72,000 feet. As you can see, the diamond cutters are mostly intact. Celebrating Nearly 60 Years of Bit Development Adapted from Information by Palmer Bit Company %576 /2'%7)( %1( 63%5)6 3529-()( *25 );-67-1+ )48-30)17 ? 527%5< 7%&/)6 12: 352(8')( :-7, /%5+) 5-1+ +)%5 %1( 3-1-21 ))( !)3%-56 !27%5< 7%&/)6 = 8( 38036 = %.25 '20321)176 1-( 5-// "<67)06 1' $) %5) ()(-'%7)( 72 7,) :%7)5 :)// -1(8675< $ ,)67187 9) 1-( ,21) %; ::: )1-((5-// '20 1@7 *25 )7 2 + 5()5 <285 '23< 2* >#5%16*)5 2* #)',12/2+<? :5-77)1 &< 2,1 @ 632-5 40 SEPTEMBER 2016 WorldWide Drilling Resource ®