This section provides an overview for drag bits as well as their applications and principles. Also, please take a look at the list of 53 drag bit manufacturers and their company rankings. Here are the top-ranked drag bit companies as of November, 2024: 1.KLR Industries Limited, 2.Hejian Hengji Bit Manufacture Co., Ltd., 3.Bit Brokers International, Ltd..
Table of Contents
A drag bit is a drilling tool characterized by its metal, cone-shaped design, utilized to penetrate and grind through underground rock formations or sediments.
Constructed from materials of exceptional hardness and coated with highly wear-resistant substances such as diamonds or tungsten carbide, drag bits excel in their ability to efficiently grind down geological materials. Their tips are typically fashioned with teeth or blades, enhancing their capability to fracture and breakthrough rock formations.
Drag bits are indispensable in diverse drilling operations, including geological surveys, mining, oil and gas exploration, and the removal of underground obstacles. They are particularly valuable in environments where traditional drilling methods falter, such as within extremely soft or notably hard geological formations.
*Including some distributors, etc.
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Palmer Bit Co., founded in Williston, North Dakota, USA, in 1957, is a manufacturer of drill bits. The company offers a wide range of products, including diamond devil PDC bits, drag bits, custom-made bits, claw bits, and hole openers. It also offers in-house repair services for drag bits, PDC bits, and retip mill tooth rock bits. The company's products are used in geothermal drilling, water well drilling, seismic exploration, and mining drilling applications. It is a member of the Minnesota Water Well Association and Geothermal Alliance of Illinois.
Talleres Segovia, established in 1972 and based in Fuenlabrada, Madrid, Spain, is a manufacturer specializing in drilling equipment and accessories. The company’s products include micro piles for foundation reinforcement, borehole reamers for the enlargement of boreholes, and casing extractors for the removal of casing pipes. It also offers drilling rods for drilling or tunneling operations, water well rigs for establishing fresh water wells, and injection systems for material impregnation of boreholes. The company is ISO 9001-certified, and serves clients in mining, water supply, and public works construction operations.
Prime Hitech Engineering Limited, founded in 1986 and located in Andhra Pradesh, India, is an ISO 9001:2008-certified manufacturer of heavy engineering products, drilling rigs, accessories, and consumables. The company, a division of Prime Group, offers drilling rigs such as water well, truck-mounted, tractor-mounted, trailer-mounted, exploration, and geothermal drilling rigs. It also provides tools and accessories such as DTH hammers, DTH button bits, rock roller bits, line pipes, and drill collars, as well as CNC machining, fabrication, and after-sale services. The company serves the water well, construction, geological survey, mining, and mineral processing industries.
Creighton Rock Drill Ltd., founded in 1966 and headquartered in Mississauga, Ontario, Canada, is a distributor and B2B supplier of ground-engaging equipment and tools. The company's product portfolio includes mining equipment, rock drilling solutions, and road maintenance equipment. It also offers an extensive range of hydraulic and mechanical excavator attachments, handheld pneumatic construction tools, and demolition robots. The company's services include the supply of rental equipment, equipment servicing supplies, and spare parts.
Ranking as of November 2024
Derivation MethodRank | Company | Click Share |
---|---|---|
1 | KLR Industries Limited |
7.4%
|
2 | Hejian Hengji Bit Manufacture Co., Ltd. |
7.4%
|
3 | Bit Brokers International, Ltd. |
7.4%
|
4 | Hejian City Feilong Retop Rock Bit Manufacture Co., Ltd |
3.7%
|
5 | Durga Engineering works |
3.7%
|
6 | KGR Industries |
3.7%
|
7 | Ame Drill Supply & Services Inc. |
3.7%
|
8 | Prime Rigs Limited |
3.7%
|
9 | SOLLROC Drilling Tools |
3.7%
|
10 | Archway Engineering Ltd |
3.7%
|
Derivation Method
The ranking is calculated based on the click share within the drag bit page as of November 2024. Click share is defined as the total number of clicks for all companies during the period divided by the number of clicks for each company.Number of Employees
Newly Established Company
Company with a History
*Including some distributors, etc.
*Including some distributors, etc.
Country | Number of Companies | Share (%) |
---|---|---|
United States of America | 1 | 33.3% |
Spain | 1 | 33.3% |
India | 1 | 33.3% |