Helmerich & Payne

Helmerich & Payne, Inc. is a contract drilling company based in Tulsa, Oklahoma, specializing in the drilling of oil and gas wells for exploration and production firms. Renowned as one of the foremost land and offshore platform drilling contractors globally, the company is recognized for its innovative FlexRig technology, which is particularly effective for drilling horizontal wells in US shale plays. Helmerich & Payne operates a substantial fleet of land drilling rigs and maintains a presence in nearly every major shale play across the United States, while also expanding its operations in international markets, including South America, the Middle East, and Africa. With over 95 years of industry experience, the company is dedicated to upholding its reputation for excellence through continuous innovation and high-quality service.

Micah Backlund

HSE Director

John Bell

Senior Vice President, International and Offshore

Jeffrey Flaherty

Senior Vice President, Operations

Gordon Helm

Vice President and Controller

Walt Helmerich II

Co-Founder

John Lindsay

CEO

Bill Payne

Co-Founder

Juan Pablo Tardio

Vice President and CFO

6 past transactions

Fervo Energy

Series B in 2021
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.

DrillScan

Acquisition in 2019
DrillScan SAS, established in 2001 and headquartered in Villeurbanne, France, specializes in designing and developing drilling engineering software tailored for the oil and gas industry. The company offers a range of services, including directional drilling software, well engineering services, and training courses aimed at enhancing drilling efficiency and safety. With additional operations in the United States and the United Arab Emirates, DrillScan has positioned itself as a key player in providing innovative drilling solutions. As of August 2019, DrillScan operates as a subsidiary of Helmerich & Payne Technologies, LLC.

MOTIVE Drilling Technologies

Acquisition in 2017
MOTIVE Drilling Technologies, Inc. specializes in the design and development of directional drilling bit guidance solutions, focusing on enhancing drilling operations through technology. The company has created the MOTIVE Directional Drilling Guidance System, which provides partial automation by streamlining the analysis and decision-making processes involved in directional drilling. Utilizing cognitive computing, this system delivers turn-by-turn instructions to optimize the drilling of horizontal wells while considering both cost and economic impacts. Additionally, MOTIVE offers support services through its mobile application. Established in 2010 and headquartered in Dallas, Texas, MOTIVE Drilling Technologies operates as a subsidiary of Helmerich & Payne, Inc. as of June 2017.

TerraVici

Acquisition in 2008
TerraVici Drilling Solutions specializes in rotary steerable directional drilling services across North America, primarily catering to the oil and gas industry. The company has developed an in-house designed Rotary Steerable System (RSS) that features advanced variable transmission-based drilling technology. This innovative solution enhances drilling performance and efficiency, benefiting both oil and gas operations as well as mining applications. TerraVici aims to provide high-quality equipment and techniques to its clients, ensuring effective and reliable drilling solutions.

Horton Company

Acquisition in 1962
Horton Company, a specialist in laying cable for the telephone industry. Horton's patented cable-laying plow was soon adapted for ECCO's pipeline work.

Natural Gas Odorizing, Inc.

Acquisition in 1960
Natural Gas Odorizing, Inc., (NGO) of Houston in 1960. NGO manufactured chemicals that added odor and taste to natural gas, which were necessary for detecting the presence of the volatile material.
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