posted in:

Patterson-UTI reports drilling activity for October 2009

Wednesday, Nov 04, 2009

PATTERSON-UTI ENERGY, INC. today reported that for the month of October 2009, the Company had an average of 88 drilling rigs operating, including 82 rigs in the United States and 6 rigs in Canada.

Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

About Patterson-UTI

Patterson-UTI Energy, Inc. provides onshore contract drilling services to exploration and production companies in North America. The Company has approximately 350 marketable land-based drilling rigs that operate primarily in the oil and natural gas producing regions of Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Colorado, Arizona, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, West Virginia and western Canada. Patterson-UTI Energy, Inc. is also engaged in the businesses of pressure pumping services and drilling and completion fluid services.

 

Source: Patterson UTI

posted in:

Other Oil & Gas News

SGS United Kingdom Ltd ─ Oil, Gas and Chemicals Services Achieves OHSAS 18001 Certification 10-03-2010
Schlumberger Acquires Nexus Geosciences 10-03-2010
GDF Suez lead group to raise US$1.8 billion for Saudi gas power plant 10-03-2010
Turkey gives go-ahead for US$10.73 billion Nabucco pipeline transit agreement 10-03-2010
Algeria to launch new oil and gas bid round in 2010 10-03-2010
Expro’s Innovation Wins Another OTC Technology Award 10-03-2010
Ascent Resources releases Hungarian testing and production update 10-03-2010
WorleyParsons Secures Sakhalin-1 Arkutun-Dagi Offshore Platform Contract from ExxonMobil 10-03-2010
Sea Dragon announces the signing of an Alliance Agreement with Tanmia Petroleum Company 10-03-2010
Dockwise Shipping secures additional US$65 million near term rig contracts and a major float-over award 10-03-2010

Advertisers