The name LeBus has been around the oil field industry since it was just a blacksmith shop in 1900. LeBus started out by manufacturing speciality tools for the booming west Texas oil fields. Tool pushers and/or owners would see a specific need for a new tool and LeBus would forge the new tools on demand. Soon LeBus was into the manufacturing and selling of fishing tools, drill collars, tool joints and rotary bits. LeBus manufactured the "Eureka Pipe Wrench" and the "Slip Socket Overshot". The common element in each case was the hoisting machinery, specifically the drum and wire rope, which was the main "workhorse" of the drilling rig. LeBus noticed that the wire rope would not lay in a consistent pattern on the drum. This caused undue wear and scrubbing of the wire rope. Something better was on the horizon.