Helmerich & Payne

Helmerich & Payne is a global contract drilling company headquartered in Tulsa, Oklahoma. Established over 95 years ago, it specializes in drilling oil and gas wells for exploration and production companies worldwide. The company is renowned for its innovation, notably the FlexRig technology, and operates across North America, the Gulf of Mexico, South America, the Middle East, and Africa.

Micah Backlund

HSE Director

John Bell

Senior Vice President

Todd Benson

Chief Innovation Officer

Kevin Cramton

Board Member

Jeffrey Flaherty

Senior Vice President, Operations

Gordon Helm

Vice President and Controller

Walt Helmerich II

Co-Founder

John Lindsay

CEO

Chris Miller

Director, Corporate Development at H&P Corporate Ventures

Bill Payne

Co-Founder

Juan Pablo Tardio

Vice President and CFO

11 past transactions

RDS

Acquisition in 2025
RDS - Drilling Engineering Specialists provides engineering services for the oil and gas industry. The company focuses on rig design, drilling facilities, and operations consultancy. As a division of KCA Deutag, RDS offers expertise in both onshore and offshore projects, ensuring safety and efficiency in their engineering solutions. Their services are utilized by major topsides and drilling contractors globally.

KCA Deutag

Acquisition in 2024
KCA Deutag is a drilling and engineering contractor that specializes in providing services for both onshore and offshore operations globally. The company is dedicated to delivering safe, reliable, and efficient drilling operations, particularly in harsh and challenging environments. KCA Deutag is involved in the design, construction, and manufacturing of drilling rigs, including land drilling rigs and related components. This focus enables clients to utilize cost-effective and durable drilling and oilfield systems that are capable of functioning in extreme conditions. Through its expertise, KCA Deutag supports the oil and gas industry by ensuring that drilling operations are conducted effectively and safely.

Safety Radar

Seed Round in 2024
Safety Radar is a company that specializes in risk management and mitigation through its innovative platform. By utilizing advanced artificial intelligence, Safety Radar offers real-time multi-factor analysis to help organizations swiftly identify and address emerging risks related to their personnel, environment, assets, and reputation. The company's technology is designed to prevent job site accidents by tracking behavioral risks and providing targeted training, thereby enhancing safety and operational efficiency. Through its solutions, Safety Radar enables organizations to proactively manage and mitigate operational risks, ultimately safeguarding their employees and preserving their reputation.

Fervo Energy

Series C in 2022
Founded in 2017, Fervo Energy specializes in developing and operating geothermal assets using proprietary technology. Based in San Francisco, the company generates clean power through innovative geoscience methods, aiming to provide a dispatchable foundation for a 100% clean energy future.

GreenFire Energy

Series A in 2022
GreenFire Energy specializes in advanced geothermal technology, developing closed-loop systems called GreenLoop®. These systems maximize the economic production of existing wells and new projects, providing resilient, sustainable energy for various industries. The company collaborates with global partners like Baker Hughes and Vallourec to build these systems worldwide.

Fervo Energy

Series B in 2021
Founded in 2017, Fervo Energy specializes in developing and operating geothermal assets using proprietary technology. Based in San Francisco, the company generates clean power through innovative geoscience methods, aiming to provide a dispatchable foundation for 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 for the oil and gas industry. The company also offers engineering services and training to enhance operational efficiency within this sector. As of August 2019, DrillScan operates as a subsidiary of Helmerich & Payne Technologies, LLC, expanding its global footprint with additional operations in the United States and the United Arab Emirates.

MOTIVE Drilling Technologies

Acquisition in 2017
MOTIVE Drilling Technologies, Inc. is a company based in Dallas, Texas, specializing in the design and development of directional drilling bit guidance solutions. Founded in 2010, it offers a unique Directional Drilling Guidance System, which incorporates cognitive computing to automate the analysis and decision-making processes involved in directional drilling. This system provides turn-by-turn instructions to optimize the drilling of horizontal wells, allowing companies to enhance accuracy, improve performance, and reduce operational costs. Additionally, MOTIVE Drilling Technologies supports its services through a mobile application, further facilitating efficient drilling operations. As of 2017, the company operates as a subsidiary of Helmerich & Payne, Inc.

TerraVici Drilling Solutions

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

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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