Nabors Industries
Nabors Industries is a global drilling contractor that provides land and offshore drilling services, primarily focused on land-based oil and gas drilling. The company is known for its high-spec drilling rig fleet and strong capabilities in drilling automation, digitalization, and directional drilling technologies.
Competitors
Helmerich & Payne
Helmerich & Payne, Inc. (H&P) is a U.S.-based land drilling and technology company headquartered in Tulsa, Oklahoma.
It is known for its FlexRig® fleet and advanced automation in oil and gas drilling operations.
Patterson-UTI Energy
Patterson-UTI Energy, Inc. is a publicly traded U.S. oilfield services company focused on land-based drilling and completions.
It provides drilling rigs and related services primarily across North America. infrastructure consulting and engineering firm headquartered in Dallas, Texas.
Precision Drilling
Precision Drilling Corporation is a Canadian oilfield services company specializing in land drilling and well servicing.
Headquartered in Calgary, it operates a large high-performance rig fleet in North America and the Middle East.
Valaris
Valaris Limited is a Bermuda-based offshore drilling contractor serving the global oil and gas industry.
It operates one of the world’s largest and most advanced offshore rig fleets worldwide.
Company Business Model
Provides contract land drilling services to oil & gas exploration and production companies
Offers complementary services such as directional drilling and drilling optimization
Revenue generated through day-rate drilling contracts and performance-based incentives
Expands earnings through drilling automation, software, and digital services