Kuala Lumpur, 27 May 2021;
MIT Technologies, a leading provider of downhole intelligent products for the upstream oil and gas sector, is pleased to announce its plan to invest in a new CNC Deep Hole Drilling capability at the company’s CNC workshop in Technology Park Malaysia, Kuala Lumpur.
This investment includes CNC controlled Deep Hole Drilling Machine, tooling, and accessories capable of making holes up to 6.5m long, with more than 25 sizes of hole diameters up to 150mm. These capabilities include drilling, counter boring, skiving, and burnishing processes to achieve high quality surface finishes that are necessary for our products.
Deep hole drilling is required for the majority of the parts incorporated in downhole oil and gas equipment. This investment will increase our ability to produce parts in-house, reduce our manufacturing cost, enhance our turnaround time, and allow us to produce more products faster to satisfy market demand more effectively. This investment will further reduce dependency on outsourcing which is essential for our business continuity amid complex logistics hurdles encountered during the COVID19 pandemic.
This major capital investment, taking place in Technology Park Malaysia, is another step towards advancing our capabilities and infrastructure; a requirement to advance towards our ambitious goals. Our R&D team continues to develop new innovative products for upstream oil and gas wells to achieve our growth targets in the domestic and international markets.
What is a Deep Hole Drilling Machine?
A deep hole drilling machine is a metal-cutting machine tool, designed to produce very deep precision holes into virtually any metal. Deep hole drilling machines enable the performance of specific tools – such as BTA and gundrills – to optimize the deep hole drilling process for manufacturers. Machines are engineered to integrate the technology used by these tools, and optimize all aspects of the process, to drill deep holes with accuracy, reliability, and efficiency. Deep hole drilling machines are ideal for a variety of sizes of deep holes, production levels, and are necessary for holes that are approximately 20:1 depth-to-diameter or greater in ratio. Dedicated deep hole drilling machines provide the tooling support, coolant delivery, and process feedback that allow manufacturers to achieve their deep hole drilling goals. These features optimize the process and prioritize deep hole drilling methods, by reducing cycle time, stabilizing tooling, evacuating chips, and preventing tool breakage and process failures when compared to CNC machining centers.