Smith Bits, a Schlumberger company, announced today the introduction of StingBlade* conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications. “In the continuous drive for increasing efficiency and lowering costs while drilling, our customers expect that each section is drilled from shoe to total depth with one drill bit at a high rate of penetration,” said Malcolm Theobald, president, Bits & Advanced Technologies, Schlumberger. StingBlade bits use Stinger* conical diamond elements optimally placed across the bit face. The conical shape of Stinger elements…