Infill Thinking Lifting the O&G knowledge curve
This may sound a little bit counter-intuitive, but bear with me: Patterson-UTI’s acquisition today signals that its build vs. buy strategic preference remains in tact. That’s because Patterson acquired a rig technology company this morning even though hundreds of idle land rigs are for sale as cheap as 15 cents on the dollar of build cost. …
Read More »Patterson-UTI Deal Reveals Continued Build Over Buy Strategy Despite Cheap Rigs
