Patents Assigned to Bits LTD
  • Patent number: 10570664
    Abstract: A reaming tool includes a reaming tool body configured to be coupled within a drill string or a string of drilling tools. A plurality of reaming blocks is attached to the reaming tool body at circumferentially spaced apart locations. Each reaming block comprises at least one row of shear cutters and gouging cutters, the gouging cutters in the at least one row disposed rotationally ahead of the shear cutters in the at least one row.
    Type: Grant
    Filed: February 5, 2018
    Date of Patent: February 25, 2020
    Assignee: Shear Bits, Ltd.
    Inventors: John James Herman, Carl M. Hoffmaster, Kenneth M. Nevlud, Jason Kelley, Shon Carey
  • Patent number: 10107041
    Abstract: A drill bit includes a bit body defining a plurality of blades extending from a selected distance from an axis of rotation of the bit body to a gage face. A plurality of only gouging cutters is mounted on the bit body. At least one of the plurality of blades has a blade top surface longitudinally behind the tips of the gouging cutters at a selected distance from the tips of the gouging cutters.
    Type: Grant
    Filed: March 8, 2016
    Date of Patent: October 23, 2018
    Assignee: Shear Bits, Ltd.
    Inventors: John James Herman, Dallas Wilkins, Ryan J. C. Marley, Timothy P. Beaton
  • Patent number: 9951563
    Abstract: A mill includes a mill body defining a plurality of blades extending in a direction from a center or rotation of the mill body to a gauge surface. The blades define a cutting profile having a minimum diameter at a longitudinal endmost position. The minimum diameter is smaller than a diameter of a drop ball. The cutting profile has an intermediate diameter at most equal to the diameter of the drop ball at a longitudinal distance from the endmost position greater than the diameter of the drop ball. Shear cutters are mounted on at least one of the plurality of blades, mounted such that at least one shear cutter is mounted closer to a center of rotation of the mill body with respect to other cutters mounted to the blades. At least one insert is mounted to the at least one of the plurality of blades rotationally ahead of the shear cutters.
    Type: Grant
    Filed: July 30, 2015
    Date of Patent: April 24, 2018
    Assignee: Shear Bits, Ltd.
    Inventors: Timothy P. Beaton, Ryan J. C. Marley, Alex Wong, John James Herman, Carl M. Hoffmaster, Kenneth M. Nevlud
  • Publication number: 20150060149
    Abstract: A drill bit includes a bit body defining a plurality of blades extending from a selected distance from an axis of rotation of the bit body to a gage face. A plurality of only gouging cutters is mounted on the bit body. At least one of the plurality of blades has a blade top surface longitudinally behind the tips of the gouging cutters at a selected distance from the tips of the gouging cutters.
    Type: Application
    Filed: September 4, 2013
    Publication date: March 5, 2015
    Applicant: Shear Bits, Ltd.
    Inventors: John James Herman, Dallas Wilkins, Ryan J. C. Marley, Timothy P. Beaton
  • Patent number: 6759762
    Abstract: A device for controlling a power distribution to subsystems, comprising a power input to be connected to a power source; a primary power output to be connected to a primary device; at least one secondary power output to be connected to at least one secondary device; sensing means for sensing when a current level falls below a threshold in response to the primary device being turned off and when the current level raises above a threshold in response to the primary device being turned on; executing means operatively connected with said sensing means and operative for interrupting a power supply to said at least one secondary device when the sensing means sense the current level below the threshold and supplying power to said at least one secondary device when said sensing means sense the current level above the threshold correspondingly; power limiting means for limiting voltage across said sensing means; and a low current operating means which increases the voltage to provide triggering of said executing means
    Type: Grant
    Filed: May 10, 2002
    Date of Patent: July 6, 2004
    Assignee: Bits LTD
    Inventor: Bruce Barton
  • Patent number: 6759763
    Abstract: An apparatus for controlling a power distribution to devices has a power inlet to be connected to a power source, a primary power outlet to be connected to a primary device, at least one secondary power outlet to be connected to at least one secondary device, a sensing unit for sensing when a current level falls below a threshold in response to the primary device being turned off and when the current level raises above a threshold in response to the primary device being turned on, an executing unit for interrupting a power supply to the at least one secondary power outlet when the sensing unit senses the currents level below the threshold and supplying power to the at least one secondary power outlet when the sensing unit senses the current level above the threshold correspondingly, and a unit for setting the threshold for interrupting a power supply lower than the threshold for supplying power to the at least one secondary outlet.
    Type: Grant
    Filed: May 10, 2002
    Date of Patent: July 6, 2004
    Assignee: Bits LTD
    Inventor: Bruce Barton
  • Patent number: 6528902
    Abstract: A device for controlling a power distribution to subsystems which has a power input to be connected to a power source, a primary power output to be connected to a primary device, at least one secondary power output to be connected to at least one secondary device; sensing unit for sensing when a current level falls below a threshold in response to the primary device being turned off and when the level current raises above a threshold in response to the primary device being turned on; and executing unit operatively connected with the sensing unit and operative for interrupting a power supply to the at least one secondary device when the sensing unit sense the current level below the threshold and supplying power to the at least one secondary device when the sensing unit sense the current level above the threshold corresepondingly.
    Type: Grant
    Filed: March 7, 2000
    Date of Patent: March 4, 2003
    Assignee: Bits LTD
    Inventor: Bruce Barton
  • Patent number: 6501195
    Abstract: A device for controlling a power distribution to subsystems which has a power input to be connected to a power source, a primary power output to be connected to a primary device, at least one secondary power output to be connected to at least one secondary device; sensing unit for sensing when a current level falls below a threshold in response to the primary device being turned off and when the level current raises above a threshold in response to the primary device being turned on; and executing unit operatively connected with the sensing unit and operative for interrupting a power supply to the at least one secondary device when the sensing unit sense the current level below the threshold and supplying power to the at least one secondary device when the sensing unit sense the current level above the threshold correspondingly; and means for limiting voltage across said sensing means so as to limit heat produced by said sensing means but at the same time to allow tripping of said sensing means.
    Type: Grant
    Filed: June 21, 2000
    Date of Patent: December 31, 2002
    Assignee: Bits LTD
    Inventor: Bruce Barton