Industry: Oil & gas
As the world’s population continues to grow, with 9.7 billion people expected by 2050, so does the average standard of living driven by sustainable economic growth in emerging and developed economies. Investments in R&D and manufacturing technology are crucial to maintaining a long-term competitive advantage. While making these important investments, companies also must focus on controlling costs, improving productivity, and searching for new technologies. There is a growing demand for machining exotic materials in the oil and gas industry, capable of withstanding the most hostile environments such as high temperatures, corrosion, and extreme pressure conditions. For this purpose, ISCAR brings its customers innovative solutions, combined with the highest quality assurance standards worldwide. The oil and gas industry is usually divided into three main segments: upstream, midstream, and downstream. Midstream operations are often included in the downstream category. The upstream sector involves all the activities related to the exploration and production (E&P) of crude oil and natural gas. The upstream oil and gas segment includes exploration for potential underground or underwater oil and natural gas reservoirs, drilling of exploratory wells, and operating/producing the oil and natural gas wells that “pay” with crude oil and/or natural gas.
Drill bits are part of the downhole equipment used to dig down into the earth’s crust. Like a common hand-held drill, the spinning of the drill bit allows for penetration of even the hardest rock. The drill bit is located at the bottom end of the drill string and is responsible for contacting the subsurface layers and drilling through them. The drill bit is responsible for breaking up and dislodging rock, sediment, and anything else that may be encountered while drilling. Manufacturing of the drill bit includes various cutting operations that represent the main machining processes such as external turning, milling slots, drilling holes for carbide bits, and deep drilling. ISCAR’s portfolio for the drill bit production includes standard and specially tailored tools that allow for high metal removal rate to reduce machining costs. ISCAR offers pipe machining solutions with welding edge preparation profile milling cutters featuring innovative designs based on precise exchangeable segments. Strong tangential inserts enhance the performance of these reliable tooling systems, ensuring minimal cutting tool maintenance costs and fast segment replacement. Coupling machining with the Charpy V-Notch test, a standardized high strain rate test, determines the amount of energy absorbed by 29 Machinery & Manufacturing
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