Abstract
AbstractOil and Gas (MIC: 14.2 SIC: 1381 NAIC: 213111)Helmerich & Payne is primarily engaged in contract drilling of oil and gas wells for others. Co.'s contract drilling business is composed of three business segments: U.S. land drilling, U.S. offshore platform drilling and international drilling. Co.'s U.S. drilling is conducted primarily in Oklahoma, Texas, Wyoming, Colorado, and Louisiana, and offshore from platforms in the Gulf of Mexico and California. Co. also operates in Venezuela, Ecuador, Colombia, Argentina, Bolivia, Equatorial Guinea, Chad and Hungary. In addition, Co. provides drilling consulting services for one customer in Russia. Co. is also engaged in the ownership, development, and operation of commercial real estate.
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