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July 06, 2015 12:35 PM ET

Energy Equipment and Services

Company Overview of Blue Fire Equipment Corp.

Company Overview

BlueFire Equipment Corporation designs and manufactures drill bits for use in the exploration and production of oil and gas in the United States. It sells and leases polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies, as well as provides repair and after sale services. The company was founded in 2008 and is headquartered in Houston, Texas.

1113 Vine Street

Suite 125

Houston, TX 77002

United States

Founded in 2008

1 Employees

Phone:

866-713-3700

Key Executives for Blue Fire Equipment Corp.

Blue Fire Equipment Corp. does not have any Key Executives recorded.

Blue Fire Equipment Corp. Key Developments

BlueFire Equipment Corporation Prepares to Ship Premium Steel Bits to Asian Client

BlueFire Equipment Corporation is preparing units of its newly developed premium steel bit line for shipment to a Chinese client as it solicits new business in the Asian oil and gas market.

Blue Fire Equipment Corp. Unveils Premium Steel Bit Line

Blue Fire Equipment Corp. announced the roll-out of its new premium steel bit line. The newly designed bit line will be available alongside the highly successful matrix PDC bits, and offers the opportunity of further cost savings for its customers. The redesigned high performance bits will further increase the advantages of BlueFire's drilling technology and feature superior cutters with enhanced calibrations to the bit body. The company expects the use of these more advanced technologies will assist domestic and international clients to access untapped reserves and result in increased output from existing fields.

BlueFire Ships Customized Drill Bit to International Client

BlueFire Equipment Corporation announced it is has shipped a customized version of its highly engineered polycrystalline diamond cutter (PDC) drill bit to an international client. BlueFire's ability to provide customization as well as cost savings has ushered in new opportunities for expansion. As previously announced, BlueFire is currently in talks with Russian oilfield equipment distributors regarding the company's products. Blackwell said the use of more advanced technologies will assist Russia to access untapped reserves and will result in increased output from existing fields.

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