The aim of the article is to find a correlation between a change in the properties of the cooling agent and a change in the geometry of the chipformer, as both are reflected in the service life of the tool after deep drilling. The reason for carrying out the research is the requirement of practice to obtain the economic efficiency of the production of such a demanding process as deep drilling. When applying the latest designs of gun drills, it is very important to correctly set the technological parameters to maintain the stability of the cutting process. One of the most important parameters is the correct removal of heat from the cutting site, and this will be ensured by the stability of pressure, temperature, and percentage of emulsion in the cooling medium, as well as the adjustment of the geometry of the chip former. On this basis, a large number of tests were carried out, consisting of testing the number of drilling cycles carried out by new, unfluted gun drills at constant feed rates and spindle rotation frequencies. After testing, it is possible to modify and supplement the existing methodology of deep drilling technology in terms of managing the cooling emulsion and chip-forming geometry. The tests were aimed at increasing the service life and the number of possible re-grindings of the gun drills depending on changes in the percentage of the emulsion concentration, the pressure and temperature of the cooling agent, and the associated chipformer geometry.