Tricone bits are advanced drilling tools primarily used in the oil and gas industry, as well as in geological drilling operations. These bits feature three rotating cones that work together to crush and break apart rock formations during drilling. Each cone is equipped with teeth made from hard materials like tungsten carbide, allowing them to tackle various types of rock, from soft to extremely hard. Tricone bits are highly effective in achieving significant drilling depths while maintaining stability and speed. They are widely used due to their balanced performance and long-lasting durability.