Helmerich and Payne Inc.    

 
NYSE: HP

Address:

1437 S Boulder Ave.

Tulsa, OK 74119-3609

United States

Phone:
(918) 742-5531

Fax:
(918) 743-0237


Company description

Helmerich and Payne Inc. incorporated under the laws of the State of Delaware on February 3, 1940. The company is successor to a business originally organized in 1920. Helmerich and Payne is primarily engaged in contract drilling of oil and gas wells for others. The company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology. Operating principally in North and South America, the company specializes in shallow to deep drilling in oil and gas producing basins of the United States and in drilling for oil and gas in international locations. Helmerich and Payne's contract drilling business is composed of three reportable business segments: U.S. land drilling, offshore drilling and international land drilling. The Company's U.S. land drilling is conducted primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Alabama, Utah, Arkansas, New Mexico, and North Dakota. Offshore drilling operations are conducted in the Gulf of Mexico, and offshore of California, Trinidad and Equatorial Guinea. The company's international land segment operated in five international locations during fiscal 2008: Venezuela, Ecuador, Colombia, Argentina and Tunisia.

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News and information about Helmerich and Payne Inc.

Gazprom Neft to Develop Cooperation with American Oil Services Company Helmerich and Payne
States News Service; June 13, 2017; 418 words
...has concluded a long-term partnership memorandum on oil and gas projects in Russia with American oil services company Helmerich and Payne International Drilling Co. The document, outlining the terms of the partnership, was signed by First Deputy CEO, Gazprom...
The Second Act for a Former Hollywood 'Glamour Girl': Tulsa Philanthropist
Chronicle of Philanthropy; March 1, 2016; 700+ words
...But it was a tough business, and you can only be a glamour girl for so long." Meanwhile, the oil-drilling firm Helmerich and Payne, co-founded by her father-in-law, was having considerable financial success. (Walter Helmerich became its president...
Venezuela - Part 1 - Nationalisations
APS Review Gas Market Trends; November 9, 2015; 687 words
...have refused to discuss payment rates for services and preferred to hide the rigs for a year. It is the specific case of Helmerich and Payne. We will not allow them to sabotage our operations The owners of the company simply do not want to negotiate with the...
Helmerich and Payne to Pay $59,000 to Settle Eeoc Disability Discrimination Suit
States News Service; April 22, 2015; 684 words
...TULSA, Okla -- The following information was released by the U.S. Equal Employment Opportunity Commission: Helmerich and Payne, Inc. (HandP), a Tulsa-based drilling contractor, will pay a former employee $59,000 to settle a disability...
Midwest Avoids the National Slowdown; Manufacturing Gains Were Made in January, Thanks to Strong Production and Sales
Star Tribune (Minneapolis, MN); February 3, 2015; 700+ words
...despite a slowdown in agricultural equipment sales and fresh layoffs planned for John Deere and the energy-related firms Helmerich and Payne. Thanks to strong orders, exports and production gains for factories not related to soft energy prices or agriculture...
Watts & Warren
Mississippi Magazine; January 1, 2015; 700+ words
...Tennessee, the couple is at home in Magee. The bride is a kindergarten teacher at Mize Attendance Center. The groom is an employee with Helmerich and Payne Drilling Company. A269 FIRST BAPTIST CHURCH * MAGEE * CAROLYN BOLIVAR PHOTOGRAPHY
Form 8-K: Pioneer Energy Services Files Current Report
US Fed News Service, Including US State News; December 17, 2014; 594 words
...Appalachia, Utah and North Dakota drilling divisions. Prior to joining Pioneer, Mr. Tucker was a Vice President for Helmerich and Payne (H&P) managing the South Texas operation from 2010 to 2012. From 2004 to 2010, Mr. Tucker served as H&P's Drilling...
Ed Jacob Recognized as 2014 Iadc Contractor of the Year
States News Service; November 17, 2014; 471 words
...Keen Energy Services LLC. Prior to that, Mr Jacob worked for Grey Wolf Inc., Bayard Drilling Technologies Inc., Helmerich and Payne International Drilling Co. and The National Supply Company in a career spanning more than 40 years. He attended Southeastern...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 213111 - Drilling Oil and Gas Wells

237210 - Land Subdivision

325131 - Inorganic Dye and Pigment Manufacturing


 

SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 1381 - Drilling Oil and Gas Wells industry report

2819 - Industrial Inorganic Chemicals, NEC industry report

6552 - Land Subdividers and Developers, Except Cemeteries industry report