Patterson UTI Management Service

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Patterson-UTI Energy provides onshore contract drilling services to exploration and production companies in North America. Its corporate office is located in Snyder, Texas, and it owns more than 400 land-based drilling rigs, that operate in oil and natural gas producing regions of Texas, New Mexico, Oklahoma, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, South Dakota and western Canada. The company is also engaged in the businesses of pressure pumping services, and drilling and completion fluid services. In addition, Patterson-UTI Energy has an oil exploration and production business, and this business is affected occasionally by factors, such as weather conditions.