Patterson-UTI Energy (PTEN) Company Profile

Patterson-UTI Energy (PTEN) Company Profile

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General Information

Name: Patterson-UTI Energy
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Patterson-UTI Energy, and its subsidiaries, offer onshore contract drilling services to independent oil and natural gas producers mainly in the Applachian Basin in North America. It also sells stimulation liquids to both onshore and offshore operators. The company also engages in the development, exploration, acquisition, and production of oil and natural gas assets in Texas, New Mexico,Utah, and Mississippi. At the end of 2007 the company had a drilling fleet of 350 land-based rigs. (see report summary)


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