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Grant Prideco, Inc. is a supplier of drill pipe and drill stem accessories headquartered in Houston, Texas.Since 2008, it has been a subsidiary of energy services company NOV Inc. Grant Prideco was included on the Fortune magazine top 1000 largest corporations for several years in the mid-2000s [1] [2] and through the 1990s and early 2000s was the world's largest oilfield drill pipe supplier.
Harbor Freight Tools won a declassification of the class action; that is, the court found that all the individual situations were not similar enough to be judged as a single class, and that their claims would require an individual-by-individual inquiry, so the case could not be handled on a class basis.
Drill pipe is most often considered premium class, which is 80% remaining body wall (RBW). After inspection determines that the RBW is below 80%, the pipe is considered to be Class 2 or "yellow band" pipe. Eventually the drill pipe will be graded as scrap and marked with a red band. Drill pipe is a portion of the overall drill string.
Simple diagram of a drilling rig and its basic operation. The kelly drive is #19. A kelly drive is a type of well drilling device on an oil or gas drilling rig that employs a section of pipe with a polygonal (three-, four-, six-, or eight-sided) or splined outer surface, which passes through the matching polygonal or splined kelly (mating) bushing and rotary table.
Steel pipe is often joined with threaded connections; tapered threads are cut into the end of the pipe, and sealant is applied in the form of thread-sealing compound or thread seal tape (also known as PTFE or Teflon tape) and the pipe is screwed into a threaded fitting with a pipe wrench. Threaded steel pipe is widely used in buildings to ...
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