US Patent Issued to SAUDI ARABIAN OIL on June 23 for "Refreshable polycrystalline diamond compact (PDC) drill bits" (Saudi Arabia Inventors)

ALEXANDRIA, Va., July 15 -- United States Patent no. 12,662,885, issued on June 23, was assigned to SAUDI ARABIAN OIL COMPANY (Dhahran, Saudi Arabia).

"Refreshable polycrystalline diamond compact (PDC) drill bits" was invented by Guodong Zhan (Dhahran, Saudi Arabia), Jianhui Xu (Dhahran, Saudi Arabia) and Abdulwahab S. Al-Johar (Dhahran, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for refreshing a drill bit. The method includes providing a drill bit with refreshing blades, wherein the refreshing blades are configured to move into a cutting position upon receipt of a signal, performing drilling operations within a well, and obtaining, using a computer processor, drilling data. The met...