KELLY VALVE
A kelly valve for placement in a tubular drillstring has an inner cage, which holds a valve ball, lower valve ball seat and other valve components. A valve stem connected to the valve ball extends through a valve stem sleeve, positioned in an opening in the wall of the main body of the kelly valve. A thrust bearing of a low friction material, preferably of polyether ether ketone (PEEK), is positioned between the valve stem and the valve stem sleeve. A port in the valve ball seat permits pressure below the kelly valve to bypass a seal and act on the inside of the valve ball. A circumferential notch in the valve ball seat accommodates a circular spring, and prevents complete compression of the spring when the valve ball seat contacts an interior shoulder in the inner cage.