In 1946, Errol Glenn Gault, patriarch of the Gault family business, pioneered the first jetted rock bit. This patent, (#2,524,428), created a major shift in the downhole bit industry and revolutionized the hydraulics at the bottom of the hole. This emerging technology helped pave the way for the Gault family business, Gault Tool, Co., to start operations in 1957.
In 1960, with the passing of Errol, the bit patent and family business were entrusted to his son, Tom Gault. Tom expanded the business and its’ capabilities as he took GT to greater heights of success. What began as a small fabricating shop in Allen, OK is now a full-service manufacturing facility in Shawnee, Oklahoma.
In 2018, GT was acquired by the oil and gas capital firm, Prestige Capital, LP. GT plans to keep the original name and strives to uphold the family legacy and standards set by the Gault family. GT looks forward to its future of providing the highest quality rock bits on the market with special service you will only find in a family business.