H&P | Company Profile

Company Directory for H&P

H&P

Overview

Helmerich & Payne, Inc. (H&P) is a prominent American petroleum contract drilling company headquartered in Tulsa, Oklahoma. Founded in 1920, it specializes in designing, fabricating, and operating high-performance drilling rigs under long-term contracts for oil and gas exploration and production companies worldwide. Recognized as the largest onshore driller in the United States, H&P holds significant market shares in both the overall land drilling and super-spec land drilling sectors.

The company operates through three main segments: North America Solutions, focusing on land drilling across several U.S. states; Offshore Gulf of Mexico, with operations in Louisiana and federal waters; and International Solutions, conducting drilling activities in countries such as Argentina and the United Arab Emirates. H&P is known for innovative technologies including the AC FlexRig®, and has expanded its capabilities through strategic acquisitions. The company emphasizes operational efficiency and performance-based solutions, serving major oil and gas producers with advanced drilling services and technologies.

Basic Information

Industryoil & energy
Founded1920
Revenue3.4B
Headquarters222 N Detroit Ave, Tulsa, Oklahoma 74103-2412, United States
LanguagesEnglish
Alexa Ranking

Contact Details

Key Focus Areas & Initiatives

  • Petroleum drilling operations
  • High-performance rig design and manufacturing
  • Operational efficiency & performance-based solutions
  • Drilling automation technologies
  • Digital drilling solutions
  • Onshore & offshore drilling
  • International drilling services
  • Sustainability initiatives
  • Safety management systems
  • Market innovation & crisis management

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Affiliated Organizations & Regional Branches