The U.S. has been the crucible in which the oil industry has largely been synthesized. And perhaps no company stands above Nabors Industries in stature and level of contributions to the U.S. oil drilling industry.
Founded in the late ‘50s, as a conglomerate for the sole purpose of drilling on Alaska’s North Slope, Nabors Industries cut its teeth in the most extreme and harsh conditions on the face of the planet. As a key player in the development of Alaska’s Prudhoe Bay oil reserves, Nabors Industries persevered through some of the most testing environments on the face of the planet. With temperatures that routinely dropped below 50 degrees below zero fahrenheit, it was forced to develop many new technologies that would allow drilling equipment that had traditionally been devised and tested on the oil fields of places like Texas to continue functioning while subjected to brutal arctic conditions.
Some of these innovations included the first complete enclosure of the operator’s cab. It also included novel techniques in using steel as a kind of insulation in barracks and other places workers frequented. Nabors Industries also developed ways to insulate key storage facilities to keep certain liquid resources from becoming too viscous or freezing altogether.
Nabors Industries then went on to the opposite extreme of earth’s environmental spectrum. Being the first oil drilling company to operate extensively in the country of Yemen, Nabors Industries there gained extensive experience in keeping it’s drilling equipment operating at peak levels, in some of the hottest and driest conditions on the face of the planet. All of this has added up to a company with thousands of patents to its name and the ability to keep drilling equipment operating in virtually any condition, anywhere on the planet.
Now, Nabors Industries is delving into the realm of automation. Under drilling conditions where any added cost is a potential deal-breaker, such as hydraulic fracturing sites and other unconventional oil plays, automation can reduce labor costs and make plays that were previously not viable into economically feasible opportunities.
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