Helmerich & Payne
Helmerich & Payne, Inc. is a contract drilling company based in Tulsa, Oklahoma, specializing in the drilling of oil and gas wells for exploration and production firms. Renowned as one of the foremost land and offshore platform drilling contractors globally, the company is recognized for its innovative FlexRig technology, which is particularly effective for drilling horizontal wells in US shale plays. Helmerich & Payne operates a substantial fleet of land drilling rigs and maintains a presence in nearly every major shale play across the United States, while also expanding its operations in international markets, including South America, the Middle East, and Africa. With over 95 years of industry experience, the company is dedicated to upholding its reputation for excellence through continuous innovation and high-quality service.
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Top Stages
Past deals in Oilfield Services
RDS
Acquisition in 2025
RDS - Drilling Engineering Specialists provides engineering services for the oil and gas industry. The company focuses on rig design, drilling facilities, and operations consultancy. As a division of KCA Deutag, RDS offers expertise in both onshore and offshore projects, ensuring safety and efficiency in their engineering solutions. Their services are utilized by major topsides and drilling contractors globally.
KCA Deutag
Acquisition in 2024
KCA Deutag is a drilling and engineering contractor that specializes in providing services for both onshore and offshore operations globally. The company is dedicated to delivering safe, reliable, and efficient drilling operations, particularly in harsh and challenging environments. KCA Deutag is involved in the design, construction, and manufacturing of drilling rigs, including land drilling rigs and related components. This focus enables clients to utilize cost-effective and durable drilling and oilfield systems that are capable of functioning in extreme conditions. Through its expertise, KCA Deutag supports the oil and gas industry by ensuring that drilling operations are conducted effectively and safely.
DrillScan
Acquisition in 2019
DrillScan SAS, established in 2001 and headquartered in Villeurbanne, France, specializes in designing and developing drilling engineering software for the oil and gas industry. The company also offers engineering services and training to enhance operational efficiency within this sector. As of August 2019, DrillScan operates as a subsidiary of Helmerich & Payne Technologies, LLC, expanding its global footprint with additional operations in the United States and the United Arab Emirates.
MOTIVE Drilling Technologies
Acquisition in 2017
MOTIVE Drilling Technologies, Inc. is a company based in Dallas, Texas, specializing in the design and development of directional drilling bit guidance solutions. Founded in 2010, it offers a unique Directional Drilling Guidance System, which incorporates cognitive computing to automate the analysis and decision-making processes involved in directional drilling. This system provides turn-by-turn instructions to optimize the drilling of horizontal wells, allowing companies to enhance accuracy, improve performance, and reduce operational costs. Additionally, MOTIVE Drilling Technologies supports its services through a mobile application, further facilitating efficient drilling operations. As of 2017, the company operates as a subsidiary of Helmerich & Payne, Inc.
TerraVici Drilling Solutions
Acquisition in 2008
TerraVici Drilling Solutions specializes in rotary steerable directional drilling services across North America, primarily catering to the oil and gas industry. The company has developed an in-house designed Rotary Steerable System (RSS) that features advanced variable transmission-based drilling technology. This innovative solution enhances drilling performance and efficiency, benefiting both oil and gas operations as well as mining applications. TerraVici aims to provide high-quality equipment and techniques to its clients, ensuring effective and reliable drilling solutions.
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