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Helmerich & Payne Flex Rig drilling the Bakken. Helmerich & Payne, Inc. (/ ˈ h ɛ l m r ɪ k / HELM-rik) is an American petroleum contract drilling company engaged in oil and gas well drilling and related services for exploration and production companies [2] headquartered in Tulsa, Oklahoma, with operations throughout the world.
The company later known as Kerr-McGee was founded in 1929 as Anderson & Kerr Drilling Company by Oklahoma businessman-politician Robert S. Kerr (1896-1963) and oil driller James L. Anderson. When Dean A. McGee (1904-1989), a former chief geologist for Phillips Petroleum , joined the firm in 1946, it changed its name to Kerr-McGee Oil Industries ...
In 2010, Continental introduced the ECO-Pad® drilling technique, which involves drilling 4 wells from 1 pad. This reduced the cost of drilling and increased production output. [10] In 2012, the company moved its headquarters from Enid, Oklahoma to Oklahoma City. [11] In 2016, the company sold assets in North Dakota and Montana for $222 million ...
The following is a list of companies based in Oklahoma City, Oklahoma. Major companies based in Oklahoma City. Expand Energy - Fortune 500 (163)
In June 2006, the company acquired Western Gas Resources in a $5.3 billion cash transaction. [13] In August 2006, the company acquired Kerr-McGee for $16 billion in cash. [14] [15] In January 2007, the company sold assets in West Texas for $1 billion. [16] In February 2007, the company sold assets in Oklahoma and Texas for $860 million. [17]
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]
Layne Inline, LLC is the second largest cured-in-place pipe (CIPP) lining company in the United States. Layne began as the first U.S. licensee of the Inline technology in 1991 and since that time has acquired the technology company, Inline Technologies, LLC, and the liner manufacturer, Liner Products, LLC.
The company also has reserves in western Oklahoma, the Texas Panhandle, and south Texas. [1] The company has been operating in remote areas of the Libyan Desert in Egypt since 1994 and has not experienced disruptions from political turmoil. [1] The company has been operating in the North Sea since 2003, predominantly in the Forties oilfield. [1]
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