Helmerich & Payne Inc.

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About

Since 1920, Helmerich and Payne Inc. (H&P) has been the industry’s most trusted partner in U.S. land, international and offshore drilling productivity and reliability. The company operates through several subsidiaries: 
 
• H&P, IDC, our international drilling operations.   
• MOTIVE® Drilling Technologies, Inc., our bit guidance solution to drill higher quality wellbores using a scalable, repeatable, data-driven platform approach. 
• Magnetic Variation Services, LLC (MagVAR), our solution that reduces surveying uncertainty 50% to 60% and increases horizontal well economics while reducing risk. 
• TerraVici Drilling Solutions, Inc., our rotary steering systems solution. 

A long-standing commitment to safety and risk reduction reinforces the importance we place on people and value creation. Customers have ranked H&P 1st in the industry 10 years in a row because we offer the best drilling design, fabrication and operational performance packages. By leveraging a strategic blend of our outstanding talent, automation technology, data solutions and growth opportunities, we are poised to continue paving the way in industry innovation well into the future.

Symbol(s)
NYSE: HP
Headquarters Address

1437 South Boulder Ave.
Tulsa, OK 74119
United States

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News

Coupled with software enhancements and machine learning, manned rigs of today are morphing into autonomous units of tomorrow.

Even so, the driller is expecting a "modest" increase in rig activity in the current quarter over last. Helmerich & Payne plans to…

The transformation toward automation is advancing in the U.S. land drilling environment.

ATCE brings thousands of E&P professionals together, features more than 300 technical presentations and offers 80-plus conference…

The Permian Basin and to a lesser extent the Eagle Ford and Marcellus shales promise a healthier environment for oilfield service…

Transactions

Report Date Amount (MM) Description
2019-08-21

Helmerich & Payne Acquires Drilling Software Provider DrillScan

Helmerich & Payne Acquires Drilling Software Provider DrillScan

Report Date Amount (MM) Description
2017-12-08

H&P's Acquisition Of MagVAR To Bring Shale Drilling Accuracy To New Level

H&P's Acquisition Of MagVAR To Bring Shale Drilling Accuracy To New Level

Report Date Amount (MM) Description
2017-05-22 $100.00

Helmerich & Payne’s $100 Million Upgrade: Thinking Drills

Helmerich & Payne’s $100 Million Upgrade: Thinking Drills