Tempress HydroPulse{trademark} tool increases overbalanced drilling rates by generating intense suction pulses at the drill bit. This report describes the operation of the tool; results of pressure drilling tests, wear tests and downhole drilling tests; and the business case for field applications. The HydroPulse{trademark} tool is designed to operate on weighted drilling mud at conventional flow rates and pressures. Pressure drilling tests confirm that the HydroPulse{trademark} tool provides 33% to 200% increased rate of penetration. Field tests demonstrated conventional rotary and mud motor drilling operations. The tool has been operated continuous for 50 hours on weighted mud in a wear test stand. This level of reliability is the threshold for commercial application. A seismic-while-drilling version of the tool was also developed and tested. This tool was used to demonstrate reverse vertical seismic profiling while drilling an inclined test well with a PDC bit. The primary applications for the HydroPulse{trademark} tool are deep onshore and offshore drilling where rate of penetration drives costs. The application of the seismic tool is vertical seismic profiling-while-drilling and look-ahead seismic imaging while drilling.