What's the main factors that affecting the pdc bit cost?

PDC Bit are more expensive than the tricone bit but offers some great advantages that can outweigh the cost. For one, the PDC bits have no moving parts. The lack of moving parts reduces potential lost time for things like bearing failure or even a cone being dislodged. Less failure equals more time spent drilling rather than pulling out for a new bit. Another benefit is that the PDC bits facilitate better downhole fluid displacement.The PDC bits feature more options for jets to help flush drilling fluid from the inside of the bit, out into the formation, and lift the cuttings back up the hole.

So how much does a PDC bit cost? Here listed the main factors that affecting the pdc bit cost:

1,PDC cutters: Brand of cutters( America made or China made); cutter shape(conventional or specially shaped).

2,Steel bit body: Heat treatment or not.

3,Hard facing material: France made hard facing, China made hard facing, without hard facing.

4,Gauge protection: Arc PDC cutters, carbide inserts, hard facing.

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