Cool Edge Bits on Oil and Gas Startups

Oil and Gas Startups Podcast

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Dive deep into the Revolutionary Drill Bit Design with Vasili Borissov, CEO of Cool Edge Bits, as guest on the Oil and Gas Startups Podcast. Discover how Vasili's father, a world-renowned rocket scientist, inspired a groundbreaking innovation in drill bit technology. Key takeaways from this episode include insights into using aerospace engineering principles to tackle the heat challenges in drilling, which enhances performance and efficiency.

The Problem: Traditional drill bits suffer from excessive heat, reducing their lifespan and efficiency. AI to the Rescue: Vasili and his team have re-engineered the design by strategically placing ports to reduce temperature by 33%, thus doubling the rate of penetration. Industry Insights: Learn about the hurdles of commercializing new tech in the oil and gas sector and the importance of finding early adopters. A Contrarian Approach: Vasili shares how his outsider perspective as a former tennis pro and his father's revolutionary engineering background bring fresh solutions to the industry.

Guest Bio: Vasili Borissov is a dynamic entrepreneur bridging the gap between high-tech innovation and traditional oil and gas drilling. Born in Russia and raised in the U.S., Vasili's diverse background fuels his passion for transformative engineering solutions. Check out our other episodes for more industry insights and subscribe for updates!

CHAPTERS:
00:00 - Intro
00:20 - What Makes Cool Edge Bits Special
05:18 - Growing Up in Russia
07:00 - Your Dad Sounds Like a Badass
11:40 - Transition from Tennis to Business
17:30 - Cool Edge Bits Technology
18:00 - Cool Edge Bits Business Model
21:50 - Outro
22:55 - Final Thoughts
25:50 - How to Get in Touch with Ali

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