Helmerich and Payne Inc.

Exporter
1437 S Boulder Ave., Tulsa, OK 74119-3609, United States
(918)742-5531, (918)743-0237 fax, http://www.hpinc.com

Primary SIC: Drilling Oil & Gas Wells, Primary NAICS: Drilling Oil and Gas Wells
Description: Helmerich and Payne Inc. incorporated under the laws of the State of Delaware on February 3, 1940. The company is successor to a business originally organized in 1920. Helmerich and Payne is primarily engaged in contract drilling of oil and gas wells for others. The company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology. Operating principally in North and South America, the company specializes in shallow to deep drilling in oil and gas producing basins of the United States and in drilling for oil and gas in international locations. Helmerich and Payne's contract drilling business is composed of three reportable business segments: U.S. land drilling, offshore drilling and international land drilling. The Company's U.S. land drilling is conducted primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Alabama, Utah, Arkansas, New Mexico, and North Dakota. Offshore drilling operations are conducted in the Gulf of Mexico, and offshore of California, Trinidad and Equatorial Guinea. The company's international land segment operated in five international locations during fiscal 2008: Venezuela, Ecuador, Colombia, Argentina and Tunisia. More

Mining: Contract offshore drilling, and oil and gas exploration, and production. Manufacturing: Warning oderants used in natural and liquified petroleum gases. Real Estate: Industrial development and management.