Company Profile - Patterson-UTI Energy Inc

Introduction

Patterson-UTI Energy Inc (Patterson) is a provider of oilfield services. It offers onshore contract drilling and pressure pumping services, directional drilling, rental equipment, and oilfield technology to oil and gas exploration and production companies. The company offers pressure pumping services such as well stimulation and cementing for the completion of new wells and remedial work on existing wells. Patterson operates land-based drilling rigs mainly in oil and natural gas producing regions of the continental US and Colombia. It also owns a non-operating working interest in oil and natural gas assets in Texas and New Mexico. Patterson is headquartered in Houston, Texas, the US.

Company info

Country (HQ): United States
Sector: Oil and Gas
Market Cap (US$ m): 2,207
Revenue (US$ m): 2,648 (2022)

Innovation ranking

343

Innovation score

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