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Patterson-UTI to acquire global drill bit company for $370 million - Vimarsana News

Patterson-UTI to acquire global drill bit company for $370 million

Founded in 2005 and headquartered in Fort Worth, Texas, privately-owned Ulterra designs, manufactures, sells and rents PDC drill bits.

Patterson-UTI Energy announces agreement to acquire global drill bit company, Ulterra - Vimarsana News

Patterson-UTI Energy announces agreement to acquire global drill bit company, Ulterra

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Patterson-UTI to Acquire Global Drill Bit Company Ulterra - Vimarsana News

Patterson-UTI to Acquire Global Drill Bit Company Ulterra

The deal to buy Ulterra for about $780 million followsPatterson-UTI Energy’s announced merger in June with NexTier Oilfield Solutions Inc. for $5.4 billion.

Merger of Equals to Create $5.4B Houston Drilling Company - Vimarsana News

Merger of Equals to Create $5.4B Houston Drilling Company

'This merger unites two top-tier and technology-driven drilling and well completions businesses'.

NexTier Oilfield : CEO Robert Drummond and Patterson-UTI Energy CEO Andy Hendricks to Participate in a Joint Fireside Chat at the J.P. Morgan Energy, Power & Renewables Conference - Vimarsana News

NexTier Oilfield : CEO Robert Drummond and Patterson-UTI Energy CEO Andy Hendricks to Participate in a Joint Fireside Chat at the J.P. Morgan Energy, Power & Renewables Conference

HOUSTON, Texas - NexTier Oilfield Solutions Inc. announced that Robert W. Drummond, the Company's President and Chief Executive Officer, will present at the J.P. Morgan Energy, Power &... | June 20, 2023