This tool works with drilling tools sent downhole in the drill string while the well is being drilled. The company and the university used the $500,000 to develop a new type of measurement-while-drilling tool. ![]() ![]() Husted coauthored a paper with university professors that earned a $500,000 grant to develop new drilling tools. He worked with the university one day a week to give assignments for the year, and then helped students conduct their research on their well sites. As a result of the success of this program, the University of Oklahoma approached Husted about developing a curriculum for an R&D program at the university itself. So far, the company has accepted 12 students into the program over the last three years. Students were presented with problems and scenarios and had to develop solutions to receive credit for the training. In addition, the professors asked Drill Right to develop course materials. Participants learned how to drill horizontal and directional wells. The result was called the “Capstone Project.” University students and professors attended on-the-job training at the Drill Right facility for course credit. Three years ago, Husted approached the University of Oklahoma with an idea to help educate future drilling engineers. Besides Oklahoma, Drill Right Technology operates in Kansas, Texas, Florida, New York, Pennsylvania, Ohio, North Dakota, Wyoming and Arkansas. The company is headquartered in Oklahoma City and employs or contracts more than 100 people. Today, the company boasts a staff of experienced managers, support personnel, operational coordinators, sales professionals, accounting professionals, computer/electronic technicians and shop personnel to deliver directional drilling services. Husted founded Drill Right Technology after he was laid off from Halliburton. “We make an application plea to an operator, saying, ‘This is what we think we can do, give us the opportunity to try, and here are the pros and cons.’ They need to be more willing to try.” “What that really requires is a combination of working not only as a company, but to rely on the operator to be open to doing something different,” Husted adds. “What used to take 60 days to drill now takes 15, and the cost of drilling a well is significantly less than what it was in years past. “Technology is pushing envelopes for us to become a lot more efficient,” Husted says. Drill Right Technology has rewarded its clients for taking that leap of faith with President and CEO Darrell Husted for the last 14 years by delivering the most efficient and cost-effective drilling solutions in shale plays. ![]() Considering the speed of technological advances in oil drilling, operators must have some modicum of faith in their drilling.
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