Helmerich & Payne, Inc.

Performance

Well complexity is increasing:

  • Horizontal and directional wells make up over 80% of wells drilled in the U.S. ...
  • Extended reach laterals are getting progressively longer ...
  • Multi-well pad drilling demand is growing ...

This all creates an expanding level of demand for FlexRigs, and our FlexRig rises to the challenge.

We have over 1,600 rig years of AC drive FlexRig drilling experience, and we drilled over 72 million feet in 2014 alone. Our people and our focus on innovation, safety and processes have enabled shorter drilling times and rig move cycles.  As a result, our footage per day continues to increase year over year, even as we drill more complex wells for our customers.