Company President and C.E.O., Hans Helmerich commented, "We are encouraged by the sustained level of interest in our services and our ability to secure additional long term contracts with very favorable financial terms. We have also been very pleased with early FlexRig4 field performance results."
Helmerich & Payne, Inc. is a contract drilling company that owns 92 U.S. land rigs, 11 U.S. platform rigs located in the Gulf of Mexico, and 27 international rigs, for a total existing fleet of 130 rigs. Included in the total fleet of 130 rigs are 52 H&P-designed and operated FlexRigs.
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