What Does Precision Drilling Do?

Total employees2666
HeadquartersTulsa
Founded

Helmerich & Payne, Inc. (H&P) is a premier global provider of high-performance drilling solutions and technologies. Founded in 1920, H&P specializes in land-based drilling operations, designing, manufacturing, and operating a technologically advanced fleet of drilling rigs, including its flagship FlexRig®. The company is renowned for its commitment to safety, operational excellence, and innovation in precision drilling, serving oil and gas exploration and production companies worldwide. H&P focuses on delivering value through automation, digital solutions, and performance-driven drilling services that enhance efficiency and wellbore quality.

Where Is Precision Drilling's Headquarters?

HQ Function

Serves as the global corporate center for strategic planning, executive management, engineering, research & development, finance, and administrative support for H&P's worldwide operations.

Notable Features:

The H&P headquarters in Tulsa is a modern corporate campus. While specific architectural awards aren't widely publicized, the facilities are designed to support its extensive engineering, R&D, and global operational management functions, reflecting its status as a leading drilling technology company.

Work Culture:

H&P's headquarters fosters a professional, innovative, and safety-conscious work environment. The culture emphasizes collaboration, technological advancement, operational integrity, and a commitment to delivering value to customers and shareholders.

HQ Significance:

The Tulsa headquarters is central to H&P's identity and history, anchoring its global operations, driving technological innovation in the drilling sector, and managing its extensive rig fleet and diverse workforce.

Values Reflected in HQ: The headquarters embodies H&P's core values, including a commitment to innovation (FlexRig® development, automation), safety (training and operational protocols), integrity, and performance excellence in serving the energy industry.

Location:

Helmerich & Payne, Inc. maintains a significant global presence, primarily focused on land drilling operations in North America (U.S. Land), South America (Argentina, Colombia), and the Middle East. Functions supported globally include rig operations and maintenance, crew staffing and training, supply chain management, sales and contract negotiation, engineering and technology deployment, health, safety, and environmental (HSE) compliance, and financial administration.

Street Address:

1437 South Boulder Avenue

City:

Tulsa

State/Province:

Oklahoma

Country:

USA

Where Else Does Precision Drilling Operate Around the World?

Houston, Texas, USA

Address: 5808 N. Sam Houston Pkwy W., Suite 300, Houston, TX 77086 (H&P Technology Center)

To drive technological innovation and provide critical operational support for H&P's extensive drilling activities in key U.S. shale plays like the Permian Basin and Eagle Ford.

Buenos Aires, Argentina

Address: Reconquista 1088, C1003ABW, Buenos Aires, Argentina

To oversee and support H&P's contractual commitments and operational fleet in Argentina, a key market within its South American international segment.

Manama, Bahrain

Address: Office 71, Building 247, Road 1704, Block 317, Diplomatic Area, Manama, Kingdom of Bahrain (Representative office for Middle East)

To manage and expand H&P's presence in the Middle Eastern energy sector, providing advanced drilling rigs and services to national and international oil companies in the region.

Buying Intent Signals for Precision Drilling

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Precision Drilling? Meet the Executive Team

As of April 2025, Precision Drilling' leadership includes:

John W. Lindsay - President and Chief Executive Officer
Mark W. Smith - Senior Vice President and Chief Financial Officer
Michael Lennox - Senior Vice President, U.S. Land Operations
Todd Benson - Senior Vice President and Chief Innovation Officer
John Bell - Senior Vice President, International and Offshore Operations
Raymond J. Adams III - Senior Vice President, General Counsel and Corporate Secretary

Who's Investing in Precision Drilling?

Precision Drilling has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
FMR LLC (Fidelity Management & Research)
LSV Asset Management
Dimensional Fund Advisors LP

What Leadership Changes Has Precision Drilling Seen Recently?

Hire0
Exits0

Helmerich & Payne, Inc. has maintained a largely stable senior executive team over the past 12 months, with no major publicly announced new C-suite or Senior Vice President hires or departures. The existing leadership continues to execute the company's strategic initiatives.

What Technology (Tech Stack) Is Used byPrecision Drilling?

Discover the tools Precision Drilling uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Precision Drilling Email Formats and Examples

Helmerich & Payne, Inc. commonly uses email formats that combine employee names with the @hpinc.com domain. The most typical structures are [first].[last]@hpinc.com and [first_initial][last]@hpinc.com.

[first].[last]@hpinc.com, [first_initial][last]@hpinc.com

Format

jane.doe@hpinc.com

Example

90%

Success rate

What's the Latest News About Precision Drilling?

hpinc.com Investor RelationsApril 25, 2024

Helmerich & Payne, Inc. Announces Second Quarter Fiscal 2024 Results

Helmerich & Payne reported its financial results for the second quarter of fiscal 2024, highlighting revenues of $677 million and net income of $66 million. The company discussed its U.S. Land rig activity, international performance, and ongoing focus on capital returns and technological advancements....more

Zacks Equity ResearchMay 21, 2024

Helmerich & Payne (HP) Gains As Market Dips: What You Should Know

Zacks Equity Research highlighted Helmerich & Payne's stock performance, noting its resilience and gains in a fluctuating market. The report likely analyzed factors such as the company's strong financial position, operational efficiency, or positive industry outlook contributing to investor confidence....more

hpinc.com Investor RelationsFebruary 29, 2024

Helmerich & Payne, Inc. Announces Webcast of March 2024 Investor Conference Presentations

Helmerich & Payne announced its participation and webcast availability for several investor conferences in March 2024, including the Simmons Energy Conference and the Piper Sandler Energy Conference. These events provided platforms for management to share updates on the company's strategy, performance, and outlook with the investment community....more

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