In this episode of The Crude Truth, Rey Treviño welcomes Vasili Borissov, founder of Cool Edge Bits, for a deep dive into innovation in the oil and gas industry.

Rey and Vasili connect over their shared backgrounds in family-run businesses before Vasili dives into his personal journey—from competitive sports to carrying on his father’s legacy in drill bit engineering.

Vasili gives a hands-on show-and-tell of the revolutionary Cool Edge Bits—designed to make drilling faster, more efficient, and cost-effective. He shares how industry challenges inspired his father’s entrepreneurial spark and how they’re now shaking up the market with advanced bit technology.

The two also explore:

The fascinating history of drill bits

The science and strategy behind Cool Edge's designs

Team dynamics, market challenges, and tariff talk

Vasili’s views on the Ukraine–Russia conflict and how global politics affect energy

BONUS: Catch Rey on Vasili’s show : https://www.youtube.com/watch?v=0sm0b2QV--I

Learn more at: www.cooledgebits.com

Highlights of the Podcast

0:00 - Rey Trevino III teaser of The Crude Truth Show

0:15 - Intro Innovation in the Oil and Gas Industry with Vasili Borissov Cool Edge Bits

2:50 - Rey talks the similarities he shares with Vasili as working in family business and shares about being a guest on Vasili's show, watch https://www.youtube.com/watch?v=0sm0b2QV--I

3:30 - Vasili shares his life story

5:41 - Cool Edge Bits in oil and gas faster and efficient drilling in the wells

6:31 - History of the Drill Bits

7:01 - Vasili's family expertise on drill bits and competitive nature in sports

10:11 - Vasili shows the Cool Edge Bits in the studio for show and tell style of the bit and talks about the efficiency of the bit

 12:40 - Vasili shares problems that occur in the industry that inspired his dad to fueled his entrepreneurial spirit

14:30 - The technicalities of the Cool Edge Bits business bringing innovation to the drilling operations 

18:20 - Website mention https://www.cooledgebits.com/about-us/

18:30 - Team work philosophy and the market, tariffs, investors

21:00 - Let's take a look back at the history 

23:41 - Thoughts on Ukraine and Russia

31:00 - AI and the technology matters to Cool Edge Bits