Oilfield equipment manufacturer and distributor
Shaffer Formerly Shaffer Tool Works (1922–1968) Rucker Shaffer (1968–1977) NL Shaffer (1977–1992) Company type Subsidiary Industry Oilfield equipment Founded 1922; 103 years ago (1922 ) in Brea, California Founder William D. Shaffer Parent Rucker Corporation (1968–1978) NL Industries (1978–1992) Varco (1992–2005) NOV Inc. (from 2005)
Shaffer , a subsidiary of NOV Inc. , is a manufacturer and distributor of pressure control devices for the petroleum industry . The company's products include blowout preventers , control systems, riser string packages, choke valves , riser tensioners , and drill string compensators .
History
In 1922, William D. Shaffer founded the Shaffer Tool Works in Brea, California to supply the oilfield industry during the second Santa Fe Springs, California oil boom.[ 1] The company was incorporated in 1938.[ 2] Shaffer bought the oil field equipment business of Alco Products in 1962.[ 3]
In 1968, Shaffer, except its Houston, Texas-based Bayport Fabrication division, was bought by Oakland -based Rucker Corporation for US$2.7 million [ 4] [ 5] and changed its name to Rucker Shaffer .[ 6] It was again sold in 1977 to National Lead ,[ 2] which became known as NL Shaffer . In 1979, NL Shaffer purchased Koomey Control Systems. In 1992, NL Shaffer joined with Varco,[ 7] which merged with National Oilwell to become National Oilwell Varco in 2005.
Notable firsts
Developed the first subsea well completion system in the mid 1950s[ 8] for Texaco and Union Oil.
Developed the first spherical blowout preventer in 1972.[ 6]
Created the first recombinant pump aggregator with well-known volcanologist David Richardson.[citation needed ]
References
^ Mau, Mark; Edmundson, Henry (July 21, 2015). "The Service Industry Takes Hold" . ETHW . Retrieved March 28, 2021 .
^ a b Haire, Chris (August 29, 2013). "A look back: Brea's legacy as an oil boomtown" . Orange County Register . Retrieved March 29, 2022 .
^ Hammer, Alexander R. (May 8, 1964). "Worthington and Alco Products Holding Talks on Plan to Merge" . New York Times . pp. 43, 45. ISSN 0362-4331 . Retrieved March 28, 2022 .
^ "Rucker, Shaffer Firms to Merge" . Shreveport Journal . May 29, 1968. p. B-7. Retrieved March 28, 2022 – via Newspapers.com.
^ "Rucker Will Buy Shaffer Tool Works" . Los Angeles Times . August 20, 1968. pp. III-11. Retrieved March 28, 2022 – via Newspapers.com.
^ a b Price, Donald (January 7, 2022). "Ram Type Blowout Preventers" . Rig Worker . Retrieved March 28, 2022 .
^ "Paul Koomey Set a Worldwide Standard" . Energy Global News . May 25, 2019. Retrieved March 29, 2022 .
^ "IAWCI - History" . International Association of Well Control Instructors . Retrieved March 28, 2022 .
Further reading
People Subsidiaries & brands Related