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Shortly thereafter, Diamond M Corp. briefly changed its name to Diamond M-ODECO Drilling Inc. before becoming Diamond Offshore Drilling, Inc. in 1993. [5] In October 1995, the company once again became a public company via an initial public offering, listing on the New York Stock Exchange. [6] In April 1996, the company acquired Arethusa for ...
In 1953, the company was founded by Alden J. "Doc" Laborde, who also founded Tidewater, and John Hayward. Hayward was the builder of the Barnsdall rig and holder of the patent on submersible drilling barge methodology. Charles Murphy Jr. of Murphy Oil invested $500,000 in the company and assisted Laborde in finding additional investors. [1]
On August 15, Geotech uses a Schramm Inc. 685W and two diamond rigs (CS 3001 and CS 4002) for the first drilling stage. Then on August 26, Geotech works to ensure that the 5 + 1 ⁄ 2-inch 6C pilot hole is drilling to reach the underground workshop. After five days of constant drilling, the third attempt succeeds.
K-96 highway in northeast Wichita will undergo a major transformation beginning in 2027. The improvement project, aimed at eliminating bottlenecks and making interchanges safer, will widen the ...
StraightLine entered the HDD market with the introduction of its line of DirectLine drills in 1989. In 1991 the company moved to a 36,000 sq ft (3,300 m 2). facility in Newton, Kansas, and opened a new 9,000-square-foot (840 m 2) engineering/technical support facility on the 13-acre (53,000 m 2) grounds.
Patterson Drilling Company was founded in 1978 by Cloyce Talbott and Glenn Patterson. [1] UTI Energy was formed in 1986 to purchase Universal Well Services, Union Supply Company, Triad Drilling Company, and International Petroleum Services Company. In 2001, Patterson Drilling acquired UTI Energy and renamed the company Patterson-UTI Energy. [3]
From 1912 to 1916, the company drilled for copper in Cuba, the company's first international project. In 1914, Longyear began setting up the first of six diamond core rigs for Phelps Dodge Corporation to explore for copper in Arizona. In 1919, the company began a 15-month drilling project in Yunnan Province, China.
Exploration diamond drilling differs from other geological drilling (such as Reverse Circulation (RC) Drilling [3]) in that a solid core is extracted from depth, for examination on the surface. The key technology of the diamond drill is the actual diamond bit itself. [4] It is composed of industrial diamonds set into a soft metallic matrix.