NOVELTY - The band (7a) has a cylindrical-shaped body formed in-situ by molding around a drill pipe (5) or a tool joint (6). The cylindrical-shaped body of a tool is formed from base material such as elastomer, semi-crystalline or amorphous polymer, thermoset material and cross-linked material. Specialist fibers or powders e.g. Kevlar, glass or carbon fiber, nano-diamond and/or tourmaline and/or molybdenum disulfide, are mixed with the base material before the in-situ forming. Multiple stand-off ribs (9) are arranged around and extending radially outwards from the cylindrical-shaped body.    USE - Stabilizer/wear resisting band for drilling or casing drilling or running casing tubulars in a well bore for an oil well, a gas well and a geothermal well and for closing tool joints for drill pipe, heavy weight drill pipe and drill collars.    ADVANTAGE - The band is cost-effective to use and colored to enable rapid and effective identification, thus making easier to rotate drilling tubulars. The band reduces torque, drag, rotational and axial stick/slip and associated vibration through utilization of materials with low coefficient of friction. The band replaces tool joint hardbanding and enhances drilling tubular life by using iterations of a device. The band utilizes spiraled ribs for reducing annular pressure drop so as to reduce cuttings hold-down pressure, thus improving rate of penetration. The band enhances abrasive life, reduces friction and improves stiffness of material e.g. nano-diamond. The base material contains additives to aid with dissipation of static electricity, thus reducing risk of sparks and build-up of magnetism in well or drilling tubulars. The band reduces casing and/or drill pipe wear, open hole key- seating and differential sticking while lifting cuttings, thus improving hole cleaning.    DETAILED DESCRIPTION - INDEPENDENT CLAIMS are also included for the following:    (1) a method for forming a stabilizer or wear resisting band on a drill pipe tool joint, drill pipe and casing    (2) a method for repairing or restoring a stabilizer or wear resisting band.    DESCRIPTION OF DRAWING(S) - The drawing shows a side view of a drill pipe tool joint with a wear band molded in position on a tool joint.    Drill pipe (5)    Tool joint (6)    Stabilizer/wear resisting band (7a)    Stand-off ribs (9)