About Particle Drilling Technologies,
Inc.
Based in Houston, Texas,
Particle Drilling Technologies, Inc. (PDTI) is an
oilfield service and technology company that is
developing an advanced drilling technology to be offered
to the energy industry. PDTI was formed to commercialize
its patented Particle Impact Drilling (PID) system that
is designed to provide a radical increase in penetration
rates for drilling oil and gas wells, particularly
through deep hard and abrasive zones or other
difficult-to-drill formations.
The purpose of
the system is to improve drilling efficiencies and
significantly improve overall economics to the energy
industry in regions around the world where slow drilling
rates result in high costs to find and develop oil and
gas reserves.
PDTI's role in the energy
industry is to dramatically improve drilling efficiency;
thereby making new energy reserves economically
available through a significant reduction in finding and
development costs. |