Hughes Tool Company

Hughes Tool Company, founded in 1908 by Howard Hughes Sr., is known for its innovations in drilling technology, particularly for oil and gas extraction. The company is best recognized for its development of the rotary drill bit, which revolutionized the drilling process by allowing deeper and more efficient penetration into rock formations. This advancement significantly improved oil production and made it more economically viable. Over the years, Hughes Tool Company played a crucial role in the energy sector, contributing to the growth and technology of the oil industry. It became part of the larger Hughes Corporation, associated with the famous aviation pioneer Howard Hughes Jr.