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The bits are further classified based on their internal bearings. Each bit has three rotating cones and each one will rotate on its own axis during drilling. While the bits are fixed to the drilling rigs, the rotation of the drill pipe will be in a clockwise direction and the roller cones are rotated in an anti-clockwise direction. Each roller ...
The company was established in December 1908 [1] as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs. He partnered with longtime business associate Walter Benona Sharp to manufacture and market the bit.
The manufacturing operations of Hughes' Sharp-Hughes Tool Company at 2nd and Girard Streets in Houston, Texas. Hughes Sr. married Allene Stone Gano, on June 24, 1904, in Dallas County, Texas, and engaged in various mining business endeavors before capitalizing on the Spindletop oil discovery in Texas, as a result of which he began devoting his full time to the oil business.
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A U.S. Postal Service worker from Compton was arrested on suspicion of swiping more than 20 checks from the mail and depositing $281,000 into various bank accounts under her name, authorities said.