Patterson-UTI Energy
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| Houston, Texas-based '''Patterson-UTI Energy''' is a provider of contract drilling services to the oil and gas industry. It provides pressure pumping service to companies drilling [[Marcellus shale]] wells. | Houston, Texas-based '''Patterson-UTI Energy''' is a provider of contract drilling services to the oil and gas industry. It provides pressure pumping service to companies drilling [[Marcellus shale]] wells. | ||
| - | Patterson-UTI finished its first [[Horizontal drilling|horizontal]] [[Hydro-fracturing|frac]] in the [[Marcellus shale]] during the quarter | + | Patterson-UTI finished its first [[Horizontal drilling|horizontal]] [[Hydro-fracturing|frac]] in the Marcellus shale during the forth quarter of 2008. |
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| + | According to a February, 2009 report the company had $61 million in CapEx expenditures during 2008, and much of it was for expanding hydro-fracturning capabilities. Several Quintuplex pumps and triplex exquipment were added. The company also has a number of drilling rigs that it makes available in different locations throghout the Appalachian Basin. | ||
| Douglas J. Wall is Patterson-UTI's CEO. | Douglas J. Wall is Patterson-UTI's CEO. | ||
Revision as of 19:55, 16 February 2009
Here is where some info about the Patterson-UTI Energy should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Houston, Texas-based Patterson-UTI Energy is a provider of contract drilling services to the oil and gas industry. It provides pressure pumping service to companies drilling Marcellus shale wells.
Patterson-UTI finished its first horizontal frac in the Marcellus shale during the forth quarter of 2008.
According to a February, 2009 report the company had $61 million in CapEx expenditures during 2008, and much of it was for expanding hydro-fracturning capabilities. Several Quintuplex pumps and triplex exquipment were added. The company also has a number of drilling rigs that it makes available in different locations throghout the Appalachian Basin.
Douglas J. Wall is Patterson-UTI's CEO.
