The combination of greater per rig retrofit investments and expanding inventory of upgrade candidates is the equivalent of newbuilding without building new. This kind of spending invites a whole crowd of previously shunned rigs into the exclusive super-spec club. There’s a lot more to this story… Login to see the full …
Read More »Could Today’s Land Drilling Leader Become Tomorrow’s Laggard?
Helmerich & Payne’s FlexRig3s have made the company the best-in-class US land driller for a decade. Ask any analyst who the best land driller with the best fleet is and they’ll say H&P almost unanimously. But will that always be the case? Now for the first time in a decade, management is having …
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