Helmerich & Payne

Technology uptake aimed at optimizing resources, delivering consistency, and augmenting what humans can do.

Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…

Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.

The acquisition marks a significant step forward in H&P’s international expansion strategy.

H&P pumps $33 million into LNG firm Galileo Technologies, supporting technology focused on decarbonization of the energy supply chain.

ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.

A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer.

Leaders from two large US onshore rig contractors said their expectations that the rig-count slide would hit a second-quarter bottom were off and are now refraining from making new predictions as to when it will end.

Helmerich & Payne’s first 100 years have required constant reinvention. Now the company hopes its new drilling software platform built on the acquisitions of two startups will propel it through the next century.