Patterson-UTI Energy, Inc
Patterson-UTI Energy, Inc. is a multi-national oil and gas drilling contractor based in Texas, USA. It was founded in 1978 by Cloyce Talbott Patterson and incorporated as Patterson Oil Well Service that year. The company began primarily providing well servicing to the onshore US oilfields but then rapidly expanded its operations into offshore production and technical services, such as directional and horizontal drilling, geosteering and completion design for operators across the globe. In 2000, the company merged with Universal Compression Services to become Patterson UTI Energy Inc., offering additional pressure pumping services along with other contract drilling services. Since then it has grown from having approximately 500 rigs to more than 900 today, becoming one of the world’s largest land-based contract drillers due to strategic acquisitions over its long history. The company also offers an array of technology solutions designed to reduce costs while increasing safety through advanced automation technologies like automatic pipe handling systems or virtual reality simulators for training purposes.
Headquarters
PO DRAWER 1416, SNYDER, TX 79550