The Olmsted product line is renowned worldwide in offshore motion compensation, specializing in controlling compensator and tensioner systems.  Our drillstring compensator valves and riser anti-recoil control systems are on nearly every drillship around the globe.

SINCE THE BEGINNING

Oilgear has a storied history in the offshore heave compensation market by way of its Olmsted products line.  These complex, proprietary electro-hydraulic product not only provide control of the rig’s passive heave compensation systems, but also provide critical safety protection for personnel and equipment.

•1963 – Olmsted Products Co. founded in Ann Arbor, Michigan
•1973 – Olmsted moves to Traverse City, Michigan
•1973 – First drillstring compensator valves supplied
•1974 – First riser tensioner valves supplied
•1985 – Brown & Sharpe sells Olmsted to Vickers
•1988 – Olmsted reincorporates as a stand alone company
•2000 – Olmsted delivers new line of die-casting valves
•2001 – Olmsted delivers new line of drillstring compensator valves
•2002 – Olmsted delivers new line of riser anti-recoil valves
•2005 – Olmsted builds 10,000 gpm flow test stand
•2007 – First integrated riser anti-recoil control system supplied
•2008 – Olmsted is acquired by Oilgear
•2009 – Olmsted builds 20,000 gpm flow test stand
•2009 – Olmsted moves into new facility
•2011 – Olmsted builds new salt water test stand
•2013 – Olmsted develops first pressure-compensated air flow shutoff valve
•2014 – Olmsted develops first all-hydraulic riser anti-recoil valve