World Oil (WO) — Enverus has released a list of top drillers and customer rankings in the U.S., as well as detailed drilling rig analytics. Top U.S. land drilling customers of Q1 2024 by footage. Keeping its spot at #1 is ExxonMobil with a total drilled measured depth (MD) of 4,230,025, a well count of 220, and an average drill rate
Oil and Gas 360 RNS Number : 0048M Zephyr Energy PLC 25 April 2024 Prior to publication, the company deemed the information in this announcement to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain. 25 April 2024 Zephyr Energy plc
World Oil (WO) – The Permian Strategic Partnership (PSP) announced that Helmerich & Payne (H&P), a leading drilling and solutions provider, will join the organization in 2023 as its twentieth member. With this addition, H&P joins an impressive roster of top-tier companies committed to responsibly developing resources in the Permian Basin while improving residents’ quality of life in West Texas
World Oil ADNOC Drilling Company and Helmerich & Payne, Inc. jointly announced the finalization of the Rig Enablement Framework Agreement, streamlining ADNOC Drilling’s operations, reducing costs and building shareholder value. The Framework Agreement will advance ADNOC Drilling’s land rig operational performance, as well as support its ambitious growth and expansion plans. Focused on improving drilling efficiencies and unlocking operational savings,
Houston Chronicle Some 368 horizontal drilling rigs are in operation in Texas, and more than half of them belong to three drilling companies. In figures exclusively provided to the Houston Chronicle, the Austin oilfield data firm Enverus reports that Tulsa-based Helmerich & Payne is the top drilling rig operator in Texas with 117 horizontal rigs deployed across the state. Nabor
$19 million in quarterly earnings Helmerich & Payne (stock ticker: HP) announced quarterly results today, showing earnings of $19 million, or $0.17 per share. This result exceeds the $2.5 million in earnings H&P reported in the previous quarter, and is the first time H&P recorded two consecutive quarters of net income since early 2016. Quarterly revenue was also up, as
Helmerich & Payne (stock ticker: HP) reported its Q4 & fiscal year end Results yesterday and held its earnings call today. President & CEO John Lindsay and CFO Mark Smith made comments regarding the merits of super-spec rigs, and rig counts going into the 2020 fiscal year. Lindsay said both subsidiaries are “growing activity as the industry continues to drill
H&P’s U.S. land market share increased from 15% to 20% from September 30, 2016 to September 30, 2017 Net loss of $23 million or ($0.21) per diluted share from operating revenues of $532 million Helmerich & Payne, Inc. (ticker: HP) President and CEO John Lindsay said, “The fourth fiscal quarter headlines were dominated by oil price uncertainty which remained range-bound
The Days of “Show Up and Fix It” are Over: Lindsay Ninety-six year old Tulsa-based Helmerich & Payne (ticker: HP) reported its third quarter results today and on the conference call CEO John Lindsay expressed confidence that the company will be able to respond the industry demand for not just more rigs, but answer the need for much better rigs. “We believe
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