Patterson-UTI Reports July 2025 Drilling Activity, 98 Rigs Operating in the US

Patterson-UTI Energy reported 98 drilling rigs operating in the US in July 2025, averaging 98 rigs. The company plans to continue providing monthly updates on drilling rigs operating. Patterson-UTI is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the US and other select countries.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has reported that it had an average of 98 drilling rigs operating in the United States during the month of July 2025. This figure represents the average number of the company's drilling rigs that were earning revenue under a drilling contract in the United States. The company plans to continue providing monthly updates on its drilling rig operations [1].

Patterson-UTI Energy is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. The company offers a range of services, including contract drilling services, integrated well completion services, directional drilling services, and specialized drill bit solutions in various regions around the world [2].

The company cautions that while the drilling rig count is an important indicator, it is just one of many factors that can impact its operating results. Trends in the number of drilling rigs operating may not directly correlate with the company's financial performance. Patterson-UTI Energy acknowledges the numerous risks and uncertainties that could affect its future performance, including adverse oil and natural gas industry conditions, global economic conditions, competition, and regulatory risks [1].

References:
[1] https://www.morningstar.com/news/accesswire/1056947msn/patterson-uti-reports-drilling-activity-for-july-2025
[2] https://www.stocktitan.net/news/PTEN/patterson-uti-reports-drilling-activity-for-july-z0p8asq6t41m.html