Noble, Samuel Lloyd | 2000
- Birth and Death Year | 1893-1950
- Induction Year | 2000
- Profession | Oilman
- Oklahoma Connection | Noble was born in Ardmore, Oklahoma.
- Hometown | Ardmore
By 1924, Lloyd Noble began his innovative work with Hughes Tool Co. experimenting with the use of coarse-cone bits instead of the generally used fine-tooth cones.
“The fellows liked working for Noble Drilling, liked Lloyd Noble because he would come out on a rig…he was just one of them. He always complimented on a job well done. He was generous with praise as well as criticism.” - Ed Holt
Oklahoma native Samuel Lloyd Noble completed one year at the University of Oklahoma before returning home to help with the family business upon his father’s death. After the hardware business was sold, he entered the Navy and was discharged in 1919. He returned to OU and later began drilling for wells when oil was discovered on family land. Noble learned the business from friends who roughnecked during the summers, met oilman A. O. Olson and partnered with him to create the Noble-Olson Drilling Company in 1921. Noted for speed in drilling wells and for its lack of problems in getting the job done, the company grew with the oil boom’s increased demand for rigs. The partners split their assets in 1930 and Noble Drilling was formed and Samedan (named for Mr. Noble’s three children) Oil Company was created in 1931 as an exploration and oil and gas production company. Mr. Noble also served in the Oklahoma Legislature from 1924 to 1930 and as a member of the Board of Regents at the University of Oklahoma. Mr. Noble created The Samuel Roberts Noble Foundation, in honor of his father, headquartered in Ardmore in 1952, with the purpose of improving agriculture by educating farmers, providing research grants in the study of cancer, and to fund education and charitable organizations.