Tag: oilfield services

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 […]

Commercialization, Conventional Fuels

Convergence Impact on Oilfield Services–Disrupting a $250 Billion Market

June 8, 2016

Via: PR Newswire

As low oil prices give way to dwindling profit margins, strategies dictate organizations to curb inefficient practices and replace them with technologically advanced smart solutions. Connected oilfield services facilitate reduced drill time and increased productivity. The digital transformation has shifted […]