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Schaeffler Group USA, Inc. - Fort Mill, SC

Original Press Release

Schaeffler Showcases Comprehensive Portfolio of Technological Innovations for the Oil & Gas Industry at OTC 2017

Press release date: May 1, 2017

Schaeffler presents an expansive lineup of state-of-the-art bearing and technology solutions - headlined by its innovative frac pump bearings, mud motor bearings and sealed sheave bearings - engineered to help the oil & gas industry reduce costs and minimize downtime

FORT MILL, S.C., May 1, 2017 - Global industrial supplier Schaeffler is exhibiting a comprehensive portfolio of innovations and solutions for the oil & gas industry at the 2017 Offshore Technology Conference (OTC), taking place May 1-4 at the NRG Arena in Houston, Texas. OTC is the world's premier event for the development of offshore resources in the fields of drilling, exploration and production.

Visitors to booth 6543 will experience an array of highly engineered, cutting-edge products that represent the culmination of Schaeffler's many decades of experience as an OEM supplier to the oil & gas industry. Every Schaeffler product on display has been designed to ensure maximum performance and reliability of critical applications such as drilling platform top drives, sheaves and draw-works.

Among the highlights: Schaeffler will showcase its advanced Frac Pump Mainshaft Bearing in X-life quality that features optimized capacity for improved frac pump reliability. Schaeffler will also exhibit its class-leading Mud Motor Stack Bearing that combines ease of mounting with exceptional axial load carrying capacity, along with the innovative FAG Sealed Sheave Bearing in X-life quality whose five years of maintenance-free protection dramatically reduces maintenance requirements and costs while significantly improving operational safety on virtually all drilling rigs.

X-lifeā„¢ represents Schaeffler's seal of quality for exceptionally efficient products. X-life bearings feature superfinished raceway surfaces that reduce friction, enhance reliability and extend operating life.

Other innovations on display include TriondurĀ®C, Schaeffler's proprietary carbon-based coating system that protects against adhesive wear; SmartCheck/SmartGateway, a breakthrough condition-monitoring system that fits in the palm of your hand; and an extensive selection of tapered, cylindrical, angular contact and needle roller bearings that have been optimized for equipment used to extract crude oil and natural gas.

About Schaeffler

The Schaeffler Group is a global automotive and industrial supplier. Premium quality, outstanding technology, and exceptionally innovative spirit form the basis for the continued success of the company. By delivering high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree. The technology company generated sales of approximately EUR 13.3 billion in 2016. With around 86,600 employees, Schaeffler is one of the world's largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies.

SOURCE Schaeffler

CONTACT:

Lynn Kier,

Vice President Communications and Marketing,

Schaeffler Group USA Inc.,

Fort Mill, SC, USA,

Tel. (803) 578-2929,

email: lynn.kier@schaeffler.com

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