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Oil & Natural Gas Technology DOE Award No.: DE-FC26-06NT42951 Quarterly Progress Report (October 1 – December 31, 2007) Development and Application of Insulated Drill Pipe for High Temperature, High Pressure Drilling Submitted by: Drill Cool Systems 627 Williams St Bakersfield, CA 93305 Prepared for: United States Department of Energy National Energy Technology Laboratory January, 2008 Office of Fossil Energy