Patterson-UTI Energy Reports 94 Drilling Rigs Operating in October

Reuters
2025.11.05 21:50
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Patterson-UTI Energy Inc. reported operating an average of 94 drilling rigs in the U.S. for October 2025. This figure represents the average number of rigs earning revenue under contract. The company cautioned that various factors can influence operating results, and changes in rig numbers may not directly indicate financial performance trends. Monthly updates on drilling rig activity will continue to be provided.

Patterson-UTI Energy Inc. announced that for the month of October 2025, the company operated an average of 94 drilling rigs in the United States. The reported figure reflects the average number of drilling rigs earning revenue under contract during the period. The company noted that various factors beyond the average number of rigs operating can influence its operating results and cautioned that changes in this metric may not directly indicate trends in financial performance. Patterson-UTI Energy stated it will continue to provide monthly updates on its drilling rig activity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patterson-UTI Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097490) on November 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)