Rowan Companies grew from the goals of two Texas brothers, Charles and Archibald Rowan, born within the late 1800’s. They have been raised to younger manhood at Alvin, Texas, roughnecked for Humble Oil, and discovered the candy scent of oil at Mexia.
Charlie satisfied Arch to affix him within the fledgling drilling operation within the well-known oil fields of Corsicana, in Navarro County, south of downtown Dallas, Texas. When the 2 brothers had the chance to buy a drilling rig in 1923, they determined to grab the day. They shaped the Rowan Drilling Company as a contract drilling enterprise. Operating a small steam rig powered by two 45-horsepower boilers they began drilling within the Powell subject close to Corsicana.
The firm acquired an extra oil rig, bought for $5,500. With whole capital of $30,000, the brothers set the brand new rig close to the city of Wortham. They hit a gusher in November 1924 that reached 200 ft within the air. The occasion launched Rowan’s enterprise and created an oil growth within the metropolis of Wortham.
In 1927, Arch and Charly established a second firm, Rowan Oil Company. The firm was primarily based in Fort Worth to promote the oil produced by Rowan Drilling.
Drilling with steam energy was state-of-the-art for the 1920s, however by 1935 Rowan was shifting forward of the trade by buying its first diesel electrical rig. In the late 1930s, the corporate prolonged its attain past Texas and into the marshland of Louisiana. By the tip of 1948, Rowan had 78 wells: 55 in Texas, 12 in New Mexico, and 11 in Louisiana.
1954 was an necessary milestone for Rowan Drilling. The firm undertook its first platform-mounted drilling rig to drill offshore Louisiana.
In 1970 the primary jackup was launched. Rowan’s entry into the jackup market was exceptional and gave delivery to an distinctive journey with the development of the primary cantilever jackup in 1978, the primary Gorilla class in 1983 and the primary Tarzan in 1983.
In 2011 Rowan entered the ultra-deepwater market with the development of its first drillship, Rowan Renaissance, a Gusto MSC P10000, constructed by HHI in Ulsan, South Korea. Rowan Renaissance was delivered in late 2014.
In 2018 Rowan’s fleet included 4 ultra-deepwater drillships and 23 jack-up rigs, (Renaissance, Resolute, Relentless and Reliance) 17 of which rated high-specification. Additionally, Rowan was a 50% shareholder of ARO Drilling, an offshore drilling three way partnership with Saudi Aramco.
At the start of October 2018, Ensco acquired Rowan Companies and have become the world’s largest offshore drilling operator by the variety of rigs.
(Image: Arch and Charles Rowan, Rowan’s and rig in Wortham space, Rowan’s first offshore drilling barge, Rowan Gorilla VI)
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