Around 1891, the first submerged oil wells were drilled from platforms built on piles in the fresh waters of the in . The wells were developed by small local companies such as Bryson, Riley Oil, German-American and Banker's Oil. Around 1896, the first submerged oil wells in salt water were drilled in the porti.
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[pdf] NOV's two main predecessors, Oilwell Supply and National Supply, were founded in 1862 and 1893, respectively. These two companies manufactured and distributed pumps and derricks. In 1930, acquired Oilwell Supply. In 1958, merged with National Supply. In 1987, National Supply merged with USS Oilwell to become "National Oilwell". Varco was founded as Abegg and Reinhold Company by Walter Abegg and Baldwin Reinhold i.
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