News
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Customer Officially Puts 12.25″ IADC637 Tricone Bit Into On-Site Drilling Operation
News Subtitle: High-performance Tricone Drilling Tool Delivers Stable Drilling Performance for Hard Formation Projects Release Date: June 1, 2026 Recently, the 12.25-inch IADC637 TCI tricone bit supplied by China Fareastern has been officially put into on-site drilling operation by our global cus...Read more -
Price of Tungsten Products on May. 28 2026
Analysis of Latest Tungsten Market from Chinatungsten Online In May 2026, China’s tungsten market dropped sharply. Main raw material prices tumbled over 40% monthly and about 60% from March’s historic peak, returning to late 2025 and early 2026 levels. Market speculation eased, and prices b...Read more -
Why Bearing Quality Determines Tricone Bit Quality
By Weifang Far Eastern Machinery Co., Ltd.-www.chinafareastern.com In the highly competitive Chinese drilling market, where second-hand and refurbished tricone bits are prevalent, bearing quality stands as the ultimate determinant of a tricone bit’s service life, efficiency, and overall reliabili...Read more -
Why Weifang Far Eastern Machinery Is The Professional Tricone Bit Factory in China?
Against the backdrop of the booming global drilling industry, Weifang Far Eastern stands out as a reliable professional tricone bit manufacturer in China. Adhering to the brand slogan Drill More With Less, the company focuses on manufacturing premium rock drilling bits and delivers cost-effective...Read more -
Will Tungsten Prices Keep Rising? And How Do Price Hikes Affect Drill Bit Quality?
Tungsten prices are in a short-term correction, mid-to-long-term bullish trend, with limited downside and solid upside potential. • Short term (1–2 months): After hitting historic highs in March 2026, tungsten prices (e.g., 65% wolframite concentrate) have corrected by over 33% by early ...Read more -
How Does HDD Hole Opener Drill Holes with drilling rig during HDD project ?
The Hole Opener used in Horizontal Directional Drilling (HDD) does not “drill a new hole from scratch”. Instead, it follows a three-step process: first drilling a small pilot hole, then using the hole opener to gradually expand the hole to the designed diameter, and finally pulling ba...Read more -
2026 Deep Drilling Game-Changer: Far East High-Temperature PDC Bit Breaks 10,000-Meter Barrier
Release Date: May 5, 2026 Source: China Far Eastern Industry Co.,Limited- factory: Weifang Far Eastern Machinery Co., Ltd. Introduction: As global demand for deep-earth energy exploration surges, ultra-deep drilling (exceeding 10,000 meters) has become a strategic frontier for unlocking oil, gas,...Read more -
WEIFANG FAR EASTERN MACHINERY Shines at CIPPE 2026 with a Successful Show
BEIJING, March 28, 2026 — WEIFANG FAR EASTERN MACHINERY has concluded its participation in the 26th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2026) with great success, held from March 26 to 28 at the China International Exhibition Center (Shunyi ...Read more -
China Top Drilling Innovator Launches Next-Generation TRICONE BIT, Redefining Efficiency and Durability in Rock Drilling
A leading drilling technology innovator from China has officially announced the launch of its next-generation TRICONE BIT, marking a significant advancement in rock drilling performance, durability, and operational efficiency across multiple industries. Designed to meet the increasingly demanding...Read more -
Oilfield Company Announces Large-Scale Acquisition of Drill Collars, Featuring Favorable Prices and Quality Assurance
April 27, 2026 – A leading oilfield operation company announced a large-scale drill collar acquisition, including substantial 165mm and 178mm used drill collars as well as 121mm brand-new ones, with favorable prices and strict quality guarantees. All used drill collars will go through rigorous i...Read more -
Price of Tungsten Products on Apr. 24 2026
This week, tungsten prices generally declined, with sluggish transactions and a supply-demand stalemate. Previous sustained price increases led to concentrated profit-taking by suppliers; some holders sold at lower prices, causing divergences among sellers. Meanwhile, buyers’ purchasing willingne...Read more -
High-Quality Recovered Drill Collars (Approx. 200mm) Now Available with Competitive Pricing
We are pleased to announce a batch of high-quality recovered 200mm (7 7/8 inches) drill collars, sourced from active oilfields. Rigorously inspected and restored to meet industry standards, they offer excellent performance at a competitive price, ideal for oil and gas drilling operations aiming t...Read more