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Patterson-UTI reports drilling activity for August 2013


Published Sep 6, 2013
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Patterson-UTI Energy

Patterson-UTI reported that for the month of August 2013, the Company had an average of 182 drilling rigs operating in the United States and 8 rigs in Canada. For the two months ended August 31, 2013, the Company had an average of 181 drilling rigs operating in the United States and 8 rigs in Canada.

Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

Tags: Patterson-UTI Energy




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