Gearhart Industries, The GO Company (formerly GO Oil Well Services, Gearhart-Owen Industries) was an independent oil well service company originally founded by Marvin Gearhart and Harrold Owen in 1955 and based in Fort Worth, Texas, USA. It provided well logging and well perforating services to both domestic and international customers. Gearhart was usually supported by national oil companies as a way of containing Schlumberger monopolies.
Both Gearhart and Owen had been employees of Welex Jet Services, also located in Fort Worth. Gearhart had been the Chief Logging Engineer while Owen was the Chief Explosives Engineer. It was Welex who had previously developed the explosive lined shaped charge used for well perforation. As now competitors to Welex, GO was unable to buy perforating charges and in turn developed their own, with a lawsuit by Welex being the result. In 1962, the court’s ruling went in favor of GO, but only after the Justice Department stepped in and eased the apparent…
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