Abstract: Casing bits include a bit crown having a substantially hollow interior. The bit crown has blades over a face portion thereof, the blades including a plurality of cutting elements attached thereto. The bit crown further includes a composite inlay positioned at least within the substantially hollow interior. The casing bits also include case hardened outer surfaces radially outside a drill-out region. The casing bits further include short-substrate cutting elements. Methods of forming a casing bit are also disclosed.

Abstract: A cutting element for use in a drill bit for drilling subterranean formations includes a cutting body having a substrate including a rear surface, an upper surface, and a peripheral side surface extending between the rear surface and the upper surface, and a superabrasive layer overlying the upper surface of the substrate. The cutting element further includes a sleeve surrounding the peripheral side surface of the cutting body and comprising a superabrasive layer bonded to an external surface of the sleeve.

Abstract: A drill bit for drilling subterranean formations comprising a drill bit body including a group of primary cutting elements comprising a first primary cutting element and a second primary cutting element radially spaced apart from each other along a first radial axis. The drill bit body further including a group of backup cutting elements comprising a first backup cutting element in a secondary cutting position relative to the first primary cutting element and a second backup cutting element in secondary cutting positions relative to the second primary cutting element, wherein the first and second backup cutting elements are radially spaced apart from each other along a second radial axis different than the first radial axis and comprise a difference in cutting characteristic relative to each other of one of a backrake angle and a siderake angle.

Abstract: A cutting element for use in a drill bit for drilling subterranean formations includes a cutting body having a substrate including a rear surface, an upper surface, and a peripheral side surface extending between the rear surface and the upper surface, and a superabrasive layer overlying the upper surface of the substrate. The cutting element further includes a sleeve surrounding the peripheral side surface of the cutting body and comprising a superabrasive layer bonded to an external surface of the sleeve.

Abstract: A drill bit for drilling subterranean formations comprising a drill bit body including a group of primary cutting elements comprising a first primary cutting element and a second primary cutting element radially spaced apart from each other along a first radial axis. The drill bit body further including a group of backup cutting elements comprising a first backup cutting element in a secondary cutting position relative to the first primary cutting element and a second backup cutting element in secondary cutting positions relative to the second primary cutting element, wherein the first and second backup cutting elements are radially spaced apart from each other along a second radial axis different than the first radial axis and comprise a difference in cutting characteristic relative to each other of one of a backrake angle and a siderake angle.

Abstract: Casing bits include a crown having a substantially hollow interior. The bit crown has blades over a face portion thereof, the blades including a plurality of cutting elements attached thereto. The bit crown further includes a composite inlay positioned at least within the substantially hollow interior. Casing bits also include case hardened outer surfaces radially outside the drill-out region. Casing bits further include short-substrate cutting elements. Methods of forming a casing bit are also disclosed.

Abstract: A combination metal milling and earth drilling tool, for use in performing a single trip kickoff from a casing in a well bore. The combination milling and drilling tool has a first, relatively more durable cutting structure, such as tungsten carbide, and a second, relatively harder cutting structure, such as polycrystalline diamond. The more durable first cutting structure is better suited for milling metal casing, while the harder second cutting structure is better suited for drilling through a subterranean formation, especially a rock formation. The first cutting structure is positioned outwardly relative to the second cutting structure, so that the first cutting structure will mill through the metal casing while shielding the second cutting structure from contact with the casing. The first cutting structure can wear away while milling through the casing and upon initial contact with the rock formation, thereby exposing the second cutting structure to contact with the rock formation.