National Oilwell Varco, Inc. (NYSE:NOV) Q3 2017 Earnings Call October 27, ... We designed our Delta premium drill-pipe connections to improve drilling times and reduce total cost of ownership.

Under the terms of the agreement, National Oilwell Varco will assume operational control of the joint venture through a 55% stake, while Schlumberger will purchase a 45% stake and add technology ...

National Oilwell Varco, Inc. (NYSE:NOV) ... 11% above first quarter levels for a book-to-bill of approximately 120%, driven by demand for our recently introduced Delta drill-pipe connection. ...