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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.
Location of Texas. Texas is a state in the South Central region of the United States. The region's second-quarter 2018 gross state product was 8.6% of the GDP of the country at $1.755 trillion, with significant growth in mining, quarrying, and oil and gas extraction. [1]
As a result of the continued acquisition of oilwell service companies, the Yankee Companies changed its name to Key Energy in the 1990s. Key Energy has grown through over 100 2 acquisitions. Key Energy Services, Inc. became a non-public (private) company on December 14, 2020 (Form 15, U.S. Securities and Exchange Commission).
Patterson Drilling Company was founded in 1978 by Cloyce Talbott and Glenn Patterson. [1] UTI Energy was formed in 1986 to purchase Universal Well Services, Union Supply Company, Triad Drilling Company, and International Petroleum Services Company. In 2001, Patterson Drilling acquired UTI Energy and renamed the company Patterson-UTI Energy. [3]
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
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In 2012, the owner and CEO of Findlay Resources was Jim Finley, [3] who was previously a Texas Certified Public Accountant working primarily with oil and gas companies. By 2014, the company had about 90 employees. [4] Finley Resources has been active in the development of the Barnett Shale and the Texas Permian Baisin, among other energy ...