History

History

ROTARY’s history goes back to 1937, when production started on Budafapuszta-2 well.

Predecessors:

1933-1938                           EUROGASCO

1938-1948-1950                MAORT

1950-1952                           B/LKV

1952-1957                           MASZOLAJ

1957-1978                           DKFÜ

1978-1990                           KFV

1990                                     ROTARY

  • 1990
    • The establishment of ROTARY Drilling Ltd on 1st of July.
    • On annual average 10,71 rigs were in operation, in 1990 the number of rigs were 17.
  • 1991
    • Fire fighting in Kuwait
    • Procurement of Coiled Tubing Unit
    • Successful elimination of underground gas migration on KömD-1 well (3370 m)
  • 1992
    • Launching Tunisian activity
    • Outsourcing cementing services and establishment of WESTERN-ROTARY Ltd.
    • Purchasing R-65 rig
  • 1993
    • Launching activity in Austria
    • R-65 DE rig was installed for deep drilling in Kiskunság region
    • Expansion of Zsana-É gasfield
  • 1994
    • The company form changed on 1st of October, ROTARY transformed to ROTARY Drilling Co. Ltd. from Rotary Drilling Ltd.
  • 1995
    • ROTARY acquires 50% of domestic market and the company managed to gain new fields, Algyő region in Hungary
    • • The company started its activity in 2 foreign countries: Austria and Tunisia
  • 1996
    • ROTARY started its activity in Moldova
    • In this year the company won the first long-term foreign tender (AFPC) in Syria
    • Agreement with MOL Plc. for services engagement
  • 1997
    • R-65 DE drilling rig preparation for Syrian project
    • Successful re-opening of Nl-416, Nl-156 wells, which were technically abandoned previously
    • Opening the 2nd phase of Zsana-É underground gas storage
    • Concession drilling activity on Dalmand-1 well
  • 1998
    • One of the most successful years for ROTARY, almost 100% capacity usage
    • Purchase of rig R-66
    • Successful elimination of CO2 gasblow on NL-282/A well
    • Start off Fracturing Projects on Csok-1,-2,-6, VízÉ, SasNy
    • Implementing PMS system.
  • 1999
    • R-66 rig started to work in Syria
    • Foundation of ROTARY-INVEST Ltd.
  • 2000
    • 75% of market share from MOL Plc.’s orders
    • Acquiring of ISO 9002 quality assurance
    • New tenders started in Syria
    • Winning shallow sea drilling tender in Tunisia
    • ROTARY blow-out prevention team takes part in the blow-out prevention activity in Pusztaszőlős
  • 2001
    • From May ROTARY receives all of the orders for drilling and workover activity from MOL Plc.
    • 2 drilling rigs are working in Syria
    • Rig installation on barge in Tunisia
  • 2002
    • Foreign Operation of ROTARY merges into CROSCO, Integrated Drilling & Well Services, Co., Ltd.
    • Acquiring ISO 14001 environmental qualification
    • Winning tenders for Mud Service and Tubular Handling Services issued by MOL Plc.
  • 2003
    • Contracts were concluded with MOL Plc. for domestic drilling/workover activities and well services
  • 2004
    • Rig-3 (Polish) DE drilling rig starts to operate in Hungary
    • Winning tender for sucker rod pump replacement
    • Concession well repair activity (waste energy utility) for Intek Company
    • Well services (underbalanced drilling) for POGO
    • Establishing plant in Algyő (East-Hungary)
  • 2005
    • Winning Mud Service and Tubular Handling Services contract within a frame of public procurement at the domestic market
    • Widening the relations with Operators outside of MOL group
    • mud engineering service for MOL Jemen
  • 2006
    • Contract for 3-year duration was concluded with MOL Plc.
    • Consortium co-operations during provision of drilling/workover activities and well services
    • ROTARY decides to buy the first diesel-electric rig named R-67
  • 2007
    • ROTARY was acquired by CROSCO, Integrated Drilling & Well Services, Co., Ltd. on the 1st of October
    • Winning tender for Strategic Underground Gas Storages (drilling and workover of 44 wells)
    • Winning tender for Mud Plant connected to Strategic Underground Gas Storage
    • Purchase of R-67 and R-68 rigs, establishment of Mud Plant
  • 2008
    • 3 rigs work on the gas storage on Szőreg
    • Integrated drilling fluid treatment and mud plant service (connected to Underground Gas Storage contract) started
    • Outstanding works for concessions (Hungarian Horizon Ltd and EXXON)
    • Acquiring 100% shares in BJ-Rotary Ltd.
  • 2009
    • Working for MOL Plc.
    • UGGS project is completed
  • 2010
    • Tender application in Kurdistan with Rig R-67
    • Merge of Drill Trans Group into ROTARY
    • Increased marketing activity on the foreign markets
  • 2011
    • R-67 rig starts its activity in Kurdistan and drills Bekhme-1 well
    • Overhaul of rigs L-37 and L-39
  • 2012
    • R-67 starts drilling its 3rd while R-68 starts drilling its 1st well in Kurdistan
    • L-37 rig works for CROSCO, Integrated Drilling & Well Services, Co., Ltd. in Albania
  • 2013
    • 2 drilling and 2 workover rigs are working in Hungary
    • R-67 commences drilling the 4th, while R-68 its 2nd well in Kurdistan
  • 2014
    • Significant income for cementing services in Albania
    • R-67 and R-68 rigs were contracted in Kurdistan
    • The company achieved the highest profit after tax in its history
  • 2015
    • Purchasing and construction of R-69 rig
    • Overhaul of R-67 and R-68 drilling rigs
  • 2016
    • R-69 rig started to work for MOL Plc.
  • 2017
    • Transport of R-67 rig from Iraq to Ukraine, then the rig commenced its activity there
    • R-68 rig commenced its work for MOL Plc.in the territory of Hungary
  • 2018
    • Service fleet modernization with purchasing new Wireline units
  • 2019
    • Service fleet modernization with purchasing Coiled Tubing and Nitrogen units