Business Description
We are a Houston, Texas-based oilfield services company that primarily owns
and operates in the United States one of the largest fleets of land-based drilling
rigs and a large fleet of pressure pumping equipment. We were formed in 1978
and reincorporated in 1993 as a Delaware corporation.
We provide pressure pumping services to oil and natural gas operators primarily
in Texas and the Appalachian region. Pressure pumping services consist primarily
of well stimulation services (such as hydraulic fracturing) and cementing services
for completion of new wells and remedial work on existing wells. We had approximately
1.1 million hydraulic horsepower (approximately 1.0 million of which was hydraulic
fracturing horsepower) to provide these services. Our pressure pumping operations
are supported by a fleet of other equipment, including blenders, tractors, manifold
trailers and numerous trailers for transportation of materials to and from the
worksite as well as bins for storage of materials at the worksite.
We also manufacture and sell pipe handling components and related technology
to drilling contractors in North America and other select markets. In addition,
we own and invest, as a non-operating working interest owner, in oil and natural
gas assets that are primarily located in Texas and New Mexico.
Our revenues, operating profits and identifiable assets are primarily attributable
to two industry segments:
contract drilling services, and
pressure pumping services.
0.86% 
59.06 %