Patterson-UTI Energy provides land drilling and pressure pumping services, directional drilling, rental equipment and technology to clients in the United States and western Canada.
Patterson-UTI Companies include:
Patterson Drilling Company was founded in 1978 by Cloyce Talbott and Glenn Patterson.
In 2001, Patterson Drilling acquired UTI Energy and renamed the company Patterson-UTI Energy.
In September 2014, the company acquired Texas-based pressure pumping assets.
In September 2016, the company acquired Warrior Rig.
In April 2017, the company acquired Seventy Seven Energy. The deal included Seventy Seven’s affiliates: Great Plains Oilfield Rental, Nomac Drilling, and Performance Technologies.
In October 2017, the company acquired MS Energy Services.
In February 2018, the company acquired Superior QC, a provider of software used to improve the accuracy of horizontal wellbore placement.
In October 2018, the company acquired Current Power Solutions, Inc.