ALEXANDRIA, Va., April 21 -- United States Patent no. 12,608,520, issued on April 21, was assigned to Halliburton Energy Services Inc. (Houston).

"Intelligent bit design" was invented by William Brian Atkins (Houston), Radompon Sungkorn (Katy, Texas) and Michael Stephen Pierce (Spring, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes determining a bit design based on a design criterion, determining a cutter design to be mounted on the bit design at a bit design position based on cutter information, wherein the cutter information is based on a historical cutter performance metric of one or more cutters having the cutter design. The method also includes generating a drill bit model based ...