Patent 7316281 was granted and assigned to Smith International on January, 2008 by the United States Patent and Trademark Office.
A two-cone drill bit that exhibits improved stability. In one embodiment, the two-cone drill bit has a first and a second roller cone arranged to have a cone separation angle between about 145 degrees and about 166 degrees. In some embodiments, the two-cone drill bit has a plurality of cutting elements arranged on the roller cones such that a bottom hole coverage greater than about 17 percent is achieved per revolution of the two-cone drill bit.