What are the accepted payment terms?

Accepted payment types include T/T, L/C, and Western Union, with currencies in USD, EUR, HKD, and CNY.

What is the lead time for production?

The average lead time is one month, regardless of peak or off-season.

Where is the company located?

We are based in Dongying City, Shandong Province, China, near the Shengli Oilfield.

Drilling Tools IADC Rock Bits Tricone Drill Bit

Name: Drilling Tools IADC Rock Bits Tricone Drill Bit
Brand: Dongying Lake Petroleum Technology Co., Ltd.
SKU: 2083997105

Shandong, ChinaDongying Lake Petroleum Technology Co., Ltd.

US$1,500.00

1-4 Pieces

US$1,200.00

5+ Pieces

Product profile

Customization

Available

Customized

Material

Cobalt Steel Alloys

Model NO.

Lake-drill bit

Usage

Well Drilling

Product Name

Drilling Tools IADC Rock Bits Tricone Drill Bit

Bit Size

4-1/2" ~ 17-1/2"

Blade

3 ~ 9 Blades

Quality

API

Transport Package

Standard

Specification

Standard

Trademark

Lake

Origin

China

Production Capacity

200 Pieces Per Month

Key features

Wide Size Range: Available sizes from 4-1/2" to 17-1/2" for various drilling needs.

Customizable Design: Custom bit size, blade quantity, and cutter type based on customer requirements.

API Certified Quality: Products meet API, ISO, and GOST certifications for reliability.

Multiple Bit Types: Offers PDC, TCI, and Steel Teeth bits for soft to very hard formations.

Durable Materials: Constructed from Cobalt Steel Alloys and Tungsten Carbide for longevity.

Global Export Experience: Over 10 years of exporting experience to USA, Europe, and Middle East.

Flexible OEM/ODM: Supports full customization, minor customization, and flexible design options.

Professional Support: Provided by Lake Petro with advanced production lines and testing equipment.

Company profile

Exhibition ExperienceMulti-language PioneerYears of Export ExperienceCooperated with Fortune 500

Dongying Lake Petroleum Technology Co., Ltd.

Shandong, China

CertifiedBusiness Type: Trading Company CertifiedR&D Capacity: ODM Service Available & OEM Service Available CertifiedCustomization Options: Customization from Samples, Customization from Designs, etc. CertifiedExport Year: 14 years CertifiedNearest Port: Qingdao PortAverage Response Time: ≤1.86h

AI-Powered supplier vetting

SummaryThe supplier demonstrates customization, ODM, and OEM capabilities, with a new product reported in the past year and AutoCAD-based R&D. Quality processes include raw-material traceability, documented inspection instructions, and random finished-product inspection, but only one quality inspector is reported. Service procedures and complaint-handling procedures are documented and followed, although corrective/preventive actions lack written records. Overseas service infrastructure is limited: no overseas warehouse, showroom, agents, or branches, and overseas service coverage is listed as zero. Financial, certification, production scale, and customer-case evidence is insufficient for a definitive assessment. Sustainability and digital-management capabilities appear limited, with no ERP, CRM, SAP, or AI-based management implementation reported.

Supplier typeThe supplier is identified through its capabilities as a professional technical supplier, provides ODM services, and supplies OEM services for well-known brands. This supports classification as a technical manufacturing/OEM-ODM supplier, although the slices do not state a formal legal or industry supplier category.

After-Sales capabilityThe supplier has a clear customer-complaint handling procedure with followed records, and service assessment procedures with written procedures and records. However, it reports no overseas warehouse, showroom, agents, or branches, which limits documented overseas service infrastructure.

R&D capabilityThe supplier reports new products in the past year, ODM capability, AutoCAD use, and professional technical-supplier status. Conversely, it reports zero patents, no private mold design capability, no 3D software design service, no SDK, and no AI, ERP, CRM, or SAP-based digital-management capability, indicating some product-development capacity but limited documented innovation infrastructure.

Customization capabilityThe supplier explicitly offers customization from samples, customization from designs, full customization, minor customization, and flexible customization, and also reports ODM service availability. This is direct evidence of broad customization capability.