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