Patterson-UTI Energy, Inc. PTEN, a leading provider of onshore drilling and pressure pumping services, has secured a significant agreement to lease two state-of-the-art APEX 1500 drilling rigs to DLS ...

Our Patterson fair value estimate is $9 per share. Most of our valuation drivers are within the contract drilling and pressure-pumping segments, which together account for about 90% of Patterson’s ...

Item is being sold by Online Auction on Networkintl.com. QAL# 15805-1, auction ends September 19, 2019 05:00 PM CDT Pumping Unit, Lufkin, C640D-256-144, w/Electric Motor, 60hp, 1140rpm, Toshiba, 1 Lot ...

The US drilling rig count during the week ended Apr. 21 climbed by double-digits for the 11 th time in its 14-week streak of increases, Baker Hughes Inc. data indicate (OGJ Online, Apr. 13, 2017). The ...

The new D-Series Unit Rig model integrates a Cat 3516C HD engine and the Cat 240T AC electric drive system with the existing Unit Rig MT4400 to create the MT4400D AC. The new truck, with 2,500 net ...

As oil and gas fields mature, operators must drill wells with large offsets, long laterals, and extended reach applications using rotary steerable systems, mud motors, and bottomhole assemblies that ...