Patterson-UTI (NASDAQ: PTEN) inspires innovation and talent to responsibly provide energy to the world. We are a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States, and specialized bit solutions in the United States, Middle East and many other regions around the world.
Patterson-UTI’s roots began in 1978 with the drilling operations of Patterson Energy in West Texas and also in 1987 with the spin-off of the drilling and oilfield services business of UTI Energy from a gas production company in the Northeast U.S. In 2001, Patterson Energy and UTI Energy merged to form Patterson-UTI. The combined company continued to grow through a series of successful mergers and acquisitions. Today, our company comprises an impressive collective of top-tier talent, equipment and technology. As one of the leading oilfield services companies in North America with products and services in other regions of the world, our success stems from our ready-to-serve culture and commitment to quality and safety.
Consistent with our Core Values around personal and environmental safety, and in support of our overall HSE policies, we are committed to the LiveSafe™ program across all of our businesses. It takes everyone at the jobsite working together to achieve our goal of being an incident-free work environment and ensuring everyone makes it home safe each day. The LifeSafe™ program provides a shared commitment across all of our facilities and locations – helping us work safely together and looking out for each other as well as those around us.
PTEN Cares is a community outreach and employee wellness program dedicated to making a positive impact in the areas where we live and work. Through our commitment to volunteerism and community service, we strive to improve the lives of individuals and families, foster a sense of belonging, and build strong, resilient communities. At Patterson-UTI, we believe in making a difference and giving back to those who have given us so much.
We also promote overall wellness through our PTEN Cares program, reminding employees of the importance of taking care of each other and remaining aware of how important overall health and wellness is to each employee and their families.