Volgaburmash JSC
The Volgaburmash JSC history began with the development of the petroleum industry in the Ural-Volga, Samara and Perm Regions, in Tataria and Bashkortostan.
Extradordinary growth in oil-well drilling quantities meant drill bits were required and tool joint production needed to be increased. The Oil Industry Ministry of the Eastern Regions issued an order to build the Kuibyshevskiy machine-building plant in May, 1948.
May, 24th 1948. The Kuibyshevskiy machine-building plant is established.
1948. First production output. 1015 roller cone bits are produced.
1958. A Special Drill Bit Design Office is established, with a team of highly qualified designers and industrial engineers developing new roller cone bits of different dimension types. This Design Office is the only one in Russia to the present day. It has been responsible for more than 1500 innovations.
1967. A millionth bit is produced.
1982. A new plant specializing in the manufacture of high-performance slow-speed drill bits with a planned production capacity of 100 000 items a year is built under a Dresser (USA) licence at Kuibyshevburmash.
1994. Kuibyshevburmash is reorganized into the Volgaburmash JSC and the plants management system is restructured. New manufacturing processes are introduced and contribute to the fast development of new drill bit designs and other oil-field equipment designs.
1997. The Quality Management System of Volgaburmash JSC is ISO and API certified. Periodic audits of Volgaburmash JSC confirm international certificates.
2003. Steel-cased PDC bit production is launched.
2004. The Volgaburmash JSC becomes an associated member of the International Association of Drilling Contractors (IADC), Houston, USA.
1999-2008. An integrated Technical Improvement and Re-equipment Program are started.
April, 2007. The Volgaburmash JSC enters VBM-group.
April, 26th 2007. Ecological Management and Occupational Health and Safety Management Systems are ISO 14001:2004 and OHSAS 18001:2007 certified.
Director General Valeriy A. Zhunkov.
