Founded in 1978, Patterson-UTI Energy operates primarily in the United States, with additional activities in Canada and Colombia. The company's operations are divided into three main segments: Contract Drilling Services, Completion Services, and Drilling Products. The Contract Drilling segment provides advanced land drilling rigs and directional drilling services to energy producers. The Completion Services segment, which expanded significantly following the 2023 merger with NexTier Oilfield Solutions, offers hydraulic fracturing, wireline, and well intervention services. Additionally, the Drilling Products segment manufactures and distributes proprietary drill bits. By combining a high-spec rig fleet with data analytics and automation technology, Patterson-UTI positions itself as a comprehensive partner for efficient well construction and completion.
