Helmerich & Payne sets new standards with digitized drilling processes

Helmerich & Payne is a US-based oilfield services provider that focuses on highly specialized drilling services for the exploration and production of oil and gas. Central to its operations is the rental of modern FlexRig drilling rigs, which are used particularly in US shale oil regions and are known for their high efficiency and technological precision. The business model is based on long-term contracts with energy companies, which provides a degree of revenue predictability, but remains heavily dependent on the development of oil and gas prices...