Patterson-UTI sees at least 90 rigs added to US land-drilling fleet in next 15 months: CEO
US land driller Patterson-UTI believes E&P operators could add at least 40 rigs to the active domestic drilling fleet in the fourth quarter and potentially 50-plus rigs in 2023, based on a recent survey of 70 of its customers, the company’s top executive said Oct. 27. The survey, which was a representative sample of customers across all operator classes large…