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Tag: drilling rigs

News and Policies, U.S.

Patterson-UTI Reports Drilling Activity for June 2020

July 7, 2020

Via: PR Newswire

HOUSTON, July 7, 2020 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of June 2020, the Company had an average of 65 drilling rigs operating. For the three months ended June 30, 2020, the Company […]

News and Policies, U.S.

US drilling costs start to rise as rig count climbs

July 17, 2017

Via: American Energy News

US oil and gas exploration and production companies are paying more to hire drilling rigs as the number of rigs still idle after the slump declines. Drilling costs were up by 8 per cent in June 2017 compared with their […]