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Patterson-Uti Energy Inc. ( NYSE: PTEN )
Latest News & Activity
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Top Drilling Contractors Talk 2H '23 and 2024July 30,2023
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Patterson-UTI Expects +50 Rigs To be Added in 2023; PE-backed E&P To Lead.October 28,2022
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Patterson-UTI Second Quarter 2022 ResultsJuly 27,2022
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Patterson-UTI's January 2021 Rig Counts at 67February 03,2021
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Patterson UTI, Frac Activity Better Than Expects; Rigs GrowingOctober 22,2020
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Patterson Reports September Drilling Activity Picking UpOctober 05,2020
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Patterson UTI, Rig Count Normalizing, No Near DebtSeptember 04,2020
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Three Major Service Companies Detail Drilling & Frac Outlook for 2H 2020July 28,2020
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Patterson-UTI Second Quarter 2020 ResultsJuly 23,2020
Deals - Patterson-Uti Energy Inc. Acquisitions
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Sep-05-2017 |  |
United States | Patterson-UTI Acquires MS Energy Services for $215 Million | |
| Dec-13-2016 | |
Rockies - DJ Basin,Gulf Coast - South Texas,Ark-La-Tex - East Texas,Permian,Northeast | Patterson UTI Acquires Seventy Seven Energy; Becomes Top Pressure Pumper | |
| Jun-06-2014 | |
Gulf Coast - South Texas,Permian | Patterson Acquires East Texas Pressure Pumper, Adds Capacity | |
| Total |
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About
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company offers pressure pumping services that consist of well stimulation and cementing for completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas and the Appalachian Basin; and contract drilling services primarily in Texas, New Mexico, Louisiana, Arkansas, Oklahoma, Colorado, Utah, Wyoming, Montana, North Dakota, Nebraska, Alaska, Kansas, Pennsylvania, Ohio, West Virginia, Michigan, and western and northern Canada.
It also owns and invests in oil and natural gas assets located primarily in Texas and New Mexico. As of December 31, 2012, it had a drilling fleet of 314 marketable land-based drilling rigs. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.
Suite 500
Houston 77067
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- Top Drilling Contractors Talk 2H '23 and 2024
Patterson-UTI Second Quarter 2022 Results
Patterson-UTI's January 2021 Rig Counts at 67
- Patterson UTI, Frac Activity Better Than Expects; Rigs Growing
Company Acquisitions
| Announce Date | Seller | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Sep-05-2017 | |
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Corporate | United States | |
| Dec-13-2016 | |
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Corporate | Eagle Ford Shale,Marcellus Shale,Utica Shale,Permian Basin,Haynesville Shale,DJ Basin,Haynesville-Bossier-CottonValley | |
| Jun-06-2014 | |
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Asset | Barnett Shale,Eagle Ford Shale,Permian Basin | |