Company description

PTEN is an American company that specializes in providing oil and natural gas drilling services to the energy industry. Headquartered in Houston, Texas, it operates through its subsidiaries in various regions including North America, Latin America, Europe, the Middle East, and Africa. The company's primary services include land drilling, directional drilling, and well servicing, with a focus on unconventional onshore drilling techniques. PTEN boasts a diverse fleet of technologically advanced drilling rigs, as well as highly trained personnel, allowing them to effectively meet the complex demands of their clients. With a strong commitment to safety and corporate responsibility, the company has established a solid reputation in the industry. Despite facing challenges in recent years due to the decline in oil prices, PTEN has remained resilient and has strategically adapted to the changing market conditions. With its strong financial standing, technical expertise, and global reach, PTEN continues to be a leading player in the energy sector and is well-positioned for future growth and success.