Description

Helmerich & Payne, Inc. (H&P) is a specialist provider of drilling services and innovative solutions for exploration and production companies. The firm's extensive operations are structured across three distinct segments. Its North America Solutions division maintains a significant drilling presence, primarily operating in U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This segment also actively develops, promotes, and commercializes advanced technologies aimed at optimizing drilling efficiency, enhancing wellbore quality, and ensuring precise well placement. The Offshore Gulf of Mexico segment concentrates its drilling efforts in Louisiana and within the federal waters of the Gulf of Mexico. Globally, the International Solutions segment oversees drilling projects in Argentina, Bahrain, Colombia, and the United Arab Emirates. By September 30, 2021, H&P's operational fleet encompassed 236 land rigs in North America, 30 international land rigs, and 7 offshore platform rigs. In addition to its core drilling enterprise, the company holds and manages a portfolio of commercial real estate. This includes a retail complex offering approximately 390,000 square feet of leasable space, as well as about 176 acres of undeveloped land, both situated in Tulsa, Oklahoma. Established in 1920, Helmerich & Payne, Inc. is headquartered in Tulsa, Oklahoma.