Heading to the great rig in the sky

US onshore oil and gas firm Patterson-UTI Energy is retiring 31 drilling rigs this December. While some rig parts may be auctioned, the firm plans to use distribute most to […]

Register now!

By Vicky Ellis

US onshore oil and gas firm Patterson-UTI Energy is retiring 31 drilling rigs this December. While some rig parts may be auctioned, the firm plans to use distribute most to spare parts inventory to support other rigs in the fleet. The firm works in American states such as Texas, New Mexico, Oklahoma and Colorado.