Halliburton released Geotech HEtm, a robust drill bit that incorporates new features & materials to deliver enhanced performance & efficiency.

GeoTech^®, matrix, and steel-body bits drill further and faster through advancements in body materials, the latest PDC technology and optimized hydraulics, allowing operators to stay on schedule and on budget.

Features :-

• 58% ROP improvement versus the field average
• 16 Hours saved versus offset wells
• 121 feet/hr ROp

Design :- 

Combining powerful design and simulation tools with a global network of technical resources, the Design at the Customer Interface (DatCI™) service platform uses direct customer input to rapidly optimize each bit. Matrix body drill bits incorporate an advanced blend of copper and a selection of application-specific tungsten carbide powder materials for increased erosion resistance.

Source :- https://www.halliburton.com/en/products/geotech-fixed-cutter-drill-bits

Halliburton

Founded in the year 1919, Halliburton has successfully established itself as one of the world's largest and leading providers of products and services to the energy industrial landscape. With a strength of 60,000 employees, representing 140 nationalities across more than 80 countries. This firm helps its clients maximize value throughout the reservoir lifecycle – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and production throughout the asset’s life.

With more than 40,000 employees, representing 130 nationalities in over 70 countries, we help our customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion and optimizing production throughout the life of the asset. We serve major, national and independent oil and natural gas companies throughout the world and operate under two divisions. These divisions form the basis for the two operating segments we report, the Completion and Production division and the Drilling and Evaluation division.