Investor Presentaiton
Leading Provider of Contract Drilling Services
172 super-spec drilling rigs in the U.S. of which 120 are Tier-1,
super-spec rigs having the capabilities most in demand by
customers to drill complex wells
Super-spec rigs are the necessary platform through which
efficiency enhancing technologies such as advanced automation
and remote operations are delivered
Patterson-UTI is a leading provider of drilling rigs capable of using
alternative power sources including:
•
Dual fuel capable drilling rigs
• 100% natural gas capable drilling rigs
.
•
High-line power
EcoCellTM lithium battery hybrid power management system
PATTERSON-UTI NEXTIER
A super-spec rig is defined as at least a 1,500 horsepower, AC-powered rig that has at least a
750,000-pound hookload, a 7,500-psi circulating system, and is pad-capable.
A Tier-1, super-spec rig is defined as a super-spec rig that also has a third mud pump and
raised drawworks that allow for more clearance underneath the rig floor.
RIGS
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