How many drilling rigs does Patterson-UTI have?
How many drilling rigs does Patterson-UTI have?
Rig Summary
| Patterson-UTI Drilling by Region | Rigs Operating |
|---|---|
| Appalachia | 23 |
| East & North Texas | 8 |
| Mid Continent | 9 |
| North Dakota | 6 |
Who bought nomac drilling?
Patterson-UTI To Buy Seventy Seven Energy Aquiring Nomac, Great Plains Oilfield Rental and PTL.
Where is Patterson-UTI?
Investors
| Stock Date | Stock Price |
|---|---|
| December 08, 2021 | $8.47 |
| December 07, 2021 | $8.06 |
| December 06, 2021 | $7.68 |
| December 03, 2021 | $7.48 |
Is Patterson buying Pioneer?
US-based oilfield services provider Patterson-UTI Energy has agreed to acquire Pioneer Energy Services in a cash-stock deal worth around $295m. Patterson-UTI will pay for the deal through the issuance of up to 26,275,000 shares of its common stock and $30m in cash.
Is Patterson UTI a good company to work for?
Great company to work for. I truly enjoyed working for Patterson Uti. It was a team environment, and it felt more like family than coworkers. Every bought into working safe, but still getting the job done on time. We accomplished a lot on my rig and recieved several bonus checks for completing the wells early.
What is Patterson UTI?
Patterson-UTI Energy provides land drilling and pressure pumping services, directional drilling, rental equipment and technology to clients in the United States and western Canada.
Did Pioneer Energy Services get bought out?
HOUSTON, Oct. 4, 2021 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it has closed its previously announced acquisition of Pioneer Energy Services Corp.
Who bought out Pioneer Energy?
Patterson-UTI Energy
US-based oilfield services provider Patterson-UTI Energy has agreed to acquire Pioneer Energy Services in a cash-stock deal worth around $295m. Patterson-UTI will pay for the deal through the issuance of up to 26,275,000 shares of its common stock and $30m in cash.
What companies does Patterson UTI own?
Patterson-UTI Companies include:
- Patterson-UTI Drilling.
- Universal Pressure Pumping.
- MS Directional.
- Great Plains Oilfield Rental.
- Warrior Rig Technologies.
- Current Power Solutions.
- Superior QC.
Did Patterson-UTI buy Pioneer Energy Services?
What happened to Pioneer Energy Services?
Its years of struggle forced Pioneer into bankruptcy in early March 2020 — before the onset of the pandemic and the collapse of the oil and natural gas industry. It also services oil wells, mostly in Texas. At its peak in 2014, the company operated more than 60 drilling rigs and employed well over 3,000 workers.
Who owns Patterson drilling?
Glenn Patterson co-founded Patterson Drilling, which grew into one of the nation’s largest drilling companies. His son, T.M. “Roe” Patterson, now heads a major oilfield services company, Basic Energy Services.
