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Patterson-UTI Energy (PTEN) Had Average of 117 Drilling Rigs in the US in March 2022

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Patterson-UTI Reports Drilling Activity for March 2022

April 6, 2022 6:01 AM EDT

HOUSTON, TX / ACCESSWIRE / April 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2022, the Company had an average of 117 drilling rigs operating in the United States. For the three months ended March 31, 2022, the Company had an average of 115 drilling rigs operating in the United States.

Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition... More