Hughes Christensen, a division of the Baker Hughes in Belfast, offered to sell Dong Ah, 20 rock bits, at $ 20, 000 each, according to a fax provided to The New York Times.
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In its initial tests at Harris County, southeast of Houston on Galveston Bay, the Sharp-Hughes Rock Bit penetrated of hard rock in 11 hours which no previous equipment had been able to penetrate at all.
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After collecting data from thousands of bit runs, Hughes introduced the first comprehensive guides to efficient drilling practices in 1960; 1964 saw the introduction of the X-Line rock bits, combining new cutting structure designs and hydraulic jets.
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Denying most favored nation status to a country such as China would be a great insult, said Phil Tevis, vice president of operations for Dallas-based Dresser Industries, which sells pumps, compression equipment, rock bits and other equipment to the Chinese.
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One example I know of is oil drilling-as the drill progresses the little bits of broken rock need to be carried away in a stream of water-certain additives are added to the water to help keep the rock bits in suspension.