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Helmerich & Payne, Inc. provides advanced drilling solutions and technologies for the oil and gas industry.
Helmerich & Payne, Inc. (H&P) is a leading provider of performance-driven drilling solutions and technologies that enhance the efficiency and safety of hydrocarbon recovery operations for oil and gas exploration and production companies. Founded in 1940 and based primarily in Oklahoma, the company operates its business across three reportable segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. H&P focuses on using advanced technologies to provide precision drilling services, which plays a crucial role in the oil and gas industry.
The North America Solutions segment is the largest contributor to H&P's revenues, operating a fleet of super-spec AC drive land rigs predominantly in U.S. shale and unconventional basins. The Offshore Gulf of Mexico segment operates platform rigs and provides rig management services, while the International Solutions segment provides drilling services in various countries including Argentina and Colombia. The company also invests in commercial real estate and has a research and development incubator aimed at advancing drilling technologies and processes.
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