Patterson-UTI Energy Inc.

Public Company, Headquarters Location
450 Gears Rd., Ste. 500, Houston, TX 77067-4542, United States
(281)765-7100, (281)765-7175 fax, http://www.patenergy.com

Primary SIC: Drilling Oil & Gas Wells, Primary NAICS: Drilling Oil and Gas Wells
Description: Patterson-UTI Energy, Inc. is the second-largest operator of land-based drilling rigs in the United States. The company was formed in 1978, and reincorporated in 1993, as a Delaware corporation. Patterson-UTI provides pressure-pumping services to oil and natural gas operators primarily in the Appalachian Basin. These services consist of well stimulation and cementing for completion of new wells and remedial work on existing wells. They provide drilling fluids, completion fluids and related services to oil and natural gas operators offshore in the Gulf of Mexico and on land in Texas, New Mexico, Oklahoma, and Louisiana. Patterson-UTI markets their contract drilling services to major and independent oil and natural gas operators. The company also provides pressure-pumping services, drilling fluids, completion fluids and related services to oil and natural gas operators. Pressure pumping services are primarily well stimulation and cementing for the completion of new wells and remedial work on existing wells. Patterson-UTI's oil and natural gas operations segment develops, explores, acquires and produces oil and natural gas. The company's contract drilling business operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Colorado, Arizona, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, West Virginia, and western Canada.Mining: Exploration and production of oil and gas.