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Milestones

   

1862 -

John Eaton Company was established, known as Oil Well, to supply oilfield equipment

1893 -

National Supply Company was established

1908 -

Abegg and Reinhold Company was founded

1913 -

Union Tool Company introduced first rotary table

1920 -

National Supply Company acquired Union Tool Company

1921 -

Abegg and Reinhold began making rotary tools

1930 -

Emsco developed a line of duplex double acting slush mud pumps

1930 -

United States Steel acquired Oil Well

1937 -

Tuboscope was established

1945 -

National Supply introduced completely air controlled power rigs with drawworks and drives

1958 -

National Supply Company merged with Armco Steel Corporation

1963 -

Continental Emsco introduced the Electrohoist II Drawworks

1968 -

Rucker Corporation acquired Shaffer Tool Works, known as Rucker Shaffer

1968 -

National Supply designed a mechanical jacking system for mobile offshore jack-up rigs

1969 -

Continental Emsco introduced the F-1000 Triplex Mud Pump

1973 -

Abegg and Reinhold changed the company name to Varco International

1975 -

Rucker Shaffer acquired Koomey Control Systems

1977 -

Kremco completed its first in-house designed workover rig

1979 -

Shaffer introduced the spherical blowout preventer

1982 -

Dreco introduced first 156' "Slingshot" mast and substructure rated for 2.5MM lb

1982 -

Varco International introduced the Top Drive

1983 -

Dreco designed the "Sandmaster" self-propelled workover/drilling rig for desert applications

1984 -

Griffith, part of Dreco, designed the "Torquemaster" breakout machine

1987 -

National Supply merged with USS Oilwell

1989 -

National Oilwell acquired Mission

1990 -

Totco was merged into Varco International and combined with Martin Decker to form M/D Totco

1992 -

Varco International acquired Shaffer

1993 -

Dreco designed and constructed its first coiled tubing rig

1994 -

Thule Rigtech was acquired by Varco International

1996 -

Tuboscope Vetco Corporation acquired Drexel Oilfield Services

1997 -

National Oilwell acquired Ross Hill Controls

1997 -

National Oilwell acquired Dreco Energy Services

1999 -

National Oilwell with Hitec designed and constructed the first AC driven "Active Heave Compensating Drawworks"

2000 -

National Oilwell acquired Hitec ASA

2000 -

National Oilwell acquired Wheatley Gaso Omega

2000 -

Tuboscope Corporation merged with Varco International

2002 -

National Oilwell acquired Integrated Power Systems

2002 -

National Oilwell acquired Hydralift ASA

2003 -

National Oilwell acquired MonoFlo and Mono Group

2005 -

National Oilwell merged with Varco becoming National Oilwell Varco

 
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