ABU DHABI, United Arab Emirates - Tuesday, November 11th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Tercel Oilfield Products today announced the release of its new Premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has - at its foundation - precision machined bearing races that are matched to provide the optimum fit and finish for extended operations, even with parameters of higher RPM (Revolutions Per Minute) and heavy WOB (Weight on Bit). The bearings are designed and machined for reliability and consistency.

The seal system is designed to provide optimal configuration and a specially formulated extreme pressure synthetic lubricant that extends the bearing life. Specially formulated tungsten carbide hard facing is applied to all surfaces of the steel tooth cutting structure as well as on the shirttail tip and leading edge on all TCI (Tungsten Carbide Insert) and Steel Tooth premium bits to provide extra protection in challenging formations. For additional security, flat top TCIs are pressed into the gauge surface of each steel tooth cone. The Tercel premium roller cone system delivers a reliable solution for all drilling formation challenges.

“The new premium series roller cone drill bit line advances our popular standard line of roller cone bits into the premium markets, bringing reliability and cost effectiveness to our customers in their more demanding applications. We are very proud of this industry leading seal design which extends our bearing life beyond anything else available on the market today.” said Hossam Elbadawy, Tercel’s Chief Executive Officer.

The launch took place at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) from November 10 -13 2014 in Abu Dhabi, UAE.

About Tercel

Founded in 2010, Tercel is a globally diversified oilfield products company that has brought together a series of innovative, local companies under the Tercel brand. With regional headquarters in Houston, Aberdeen, Dubai and Kuala Lumpur, Tercel also has 22 sales and support offices worldwide including local offices in Abu Dhabi, Bogota, Brussels, Cairo, Calgary, Khobar, Luanda, Perth and Stavanger. With seven manufacturing facilities and 470 employees worldwide, Tercel delivers innovative, simple and effective products for drilling and well construction projects to customers in over 50 countries. For more information please visit www.terceloilfield.com.

Contacts

David Morrissey, Vice President Marketing and Sales,

Tercel Oilfield Products

Tel. +1 281 310 6197

Email dmorrissey@terceloilfield.com

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