Drill bit having the ability to drill vertically and laterally

1. A drill bit for drilling an earth borehole, the drill bit comprising:

a bit body comprising a first end, a second end, an outer diameter, and a bit face, said bit face comprising a plurality of cutters disposed thereon, wherein said plurality of cutters define a continuous cutting surface extending substantially from the first end to the second end, and wherein at least one of said cutters extends beyond the outer diameter of the bit body for providing the earth borehole with a diameter greater than the outer diameter of the bit body to facilitate directional steering of the drill bit.

2. The drill bit according to claim 1 , wherein an outermost cutter of the plurality of cutters and an innermost cutter of the plurality of cutters are angularly displaced from each other by an angle greater than ninety degrees.

3. The drill bit according to claim 1 , wherein the bit face comprises a plurality of blades extending therefrom, the plurality of cutters being disposed generally in rows on said plurality of blades.

4. The drill bit according to claim 1 , wherein one or more of said cutters of the plurality of cutters comprises at least one blade having PDC cutting elements affixed thereon.

5. The drill bit according to claim 1 , wherein at least one of the cutters of said plurality of cutters is oriented to bore in a generally axial direction, wherein at least one other of the cutters of said plurality of cutters is oriented to bore in a generally lateral direction, and wherein said at least one other of the cutters oriented to bore in the generally lateral direction bores in the generally lateral direction while the drill bit is urged in the generally axial direction within the earthen borehole to provide the diameter to the earthen borehole.

6. The drill bit according to claim 1 , wherein at least one of the cutters of said plurality of cutters is oriented to bore in a generally axial direction, wherein at least one other of the cutters of said plurality of cutters is oriented to bore in a generally lateral direction, and wherein said at least one other of the cutters bores in the generally lateral direction under application of a lateral force in said generally lateral direction to directionally steer the drill bit.

7. A drill bit for drilling an earth borehole, the drill bit comprising:

a bit body comprising a first end, a second end, an outer diameter, and a bit face, said bit face having a plurality of cutters defining a continuous cutting surface extending substantially from the first end to the second end, wherein at least one of the cutters is oriented to bore in a substantially axial direction and at least one other of the cutters is oriented to bore in a substantially lateral direction while the drill bit is urged in the substantially axial direction.

8. The drill bit according to claim 7 , wherein said cutters provide a cutting radius in excess of ninety degrees.

9. The drill bit according to claim 7 , wherein at least one of said cutters provides an oversize borehole when drilling.

10. The drill bit according to claim 7 , wherein at least one of said cutters causes said drill bit to drill in a lateral direction when provided with a lateral force.

11. The drill bit according to claim 7 , wherein the bit face comprises a plurality of blades extending therefrom, one or more of the blades bearing a plurality of cutter elements being disposed generally in rows on said plurality of blades and defining the continuous cutting surface extending substantially from the first end to the second end of the bit body.

12. The drill bit according to claim 7 , wherein one or more of said cutters of said plurality of cutters comprises at least one blade having PDC cutting elements affixed thereon.

13. A method for changing the direction of a drilled earth borehole, the method comprising the steps of:

exerting a lateral force on at least a portion of a drill string comprising a drill bit and an outer diameter in a lateral direction, wherein the drill bit comprises a bit body comprising a first end, a second end, an outer diameter, and a bit face, said bit face having plurality of cutters disposed thereon, wherein said plurality of cutters define a continuous cutting surface extending substantially from the first end to the second end, and wherein at least one of said cutters extends beyond the outer diameter of the drill bit for providing the drilled earth borehole with a diameter greater than the outer diameter of the drill bit to facilitate directional steering; and

rotating the drill bit while said lateral force is being exerted, thereby causing at least a portion of said plurality of cutters to drill in said lateral direction without removing the drill bit from the drilled earth borehole, wherein the diameter of the drilled earth borehole facilitates movement of the drill bit in said lateral direction.

14. The method according to claim 13 , wherein at least one of the cutters of said plurality of cutters is oriented to bore in a substantially axial direction and at least one other of the cutters of said plurality of cutters is oriented to bore in a substantially lateral direction.

15. The method according to claim 13 , wherein one or more of said cutters of said plurality of cutters comprises at least one blade having PDC cutting elements affixed thereon.

16. A method for drilling an oversize borehole, the method comprising the steps of:

providing a drill bit comprising a bit body comprising a first end, a second end, an outer diameter, and a bit face, said bit face having a plurality of cutters disposed thereon wherein said plurality of cutters define a continuous cutting surface extending substantially from the first end to the second end of the bit body, wherein at least one cutter is oriented to bore in a lateral direction while the drill bit is urged in an axial direction within the borehole; and

rotating said drill bit such that the at least one cutter bores laterally within the borehole while urging the drill bit in the axial direction, thereby providing the borehole with an oversize diameter.

17. The method according to claim 16 ,

wherein at least one of the cutters of said plurality of cutters is oriented to bore in a substantially axial direction and at least one other of the cutters of said plurality of cutters is oriented to bore in a substantially lateral direction.

18. The method according to claim 16 , wherein one or more of said cutters of the plurality of cutters comprises at least one blade having PDC cutting elements affixed thereon.

19. A drill bit for drilling an earth borehole, the drill bit comprising:

a bit body having a first end, a second end, a bit face, a longitudinal axis, and an outer diameter; and

a plurality of cutters extending from the bit face in a plurality of continuous rows to define a continuous cutting surface extending substantially from the first end to the second end, wherein each of said plurality of continuous rows extends substantially from the first end to the second end of the bit body and generally parallel to the longitudinal axis, wherein at least one of the cutters of said plurality of cutters is oriented to bore in a substantially axial direction relative to the longitudinal axis, wherein at least one other of the cutters of said plurality of cutters is oriented to bore in a substantially lateral direction relative to the longitudinal axis, and wherein said at least one other of the cutters extends beyond the outer diameter of the bit body for providing the earth borehole with a diameter greater than the outer diameter of the bit body to facilitate directional steering of the drill bit and to enable drilling of the earth borehole in the substantially lateral direction under application of a lateral force.