Patterson-UTI Energy Inc. has released its drilling activity report for June 2025, revealing an average of 101 drilling rigs in operation across the United States for the month. This figure is part of a broader trend observed over the three months ending June 30, 2025, during which the company maintained an average of 104 drilling rigs operating. The company emphasizes that while these numbers represent rigs earning revenue under drilling contracts, they are not the sole indicators of the company's financial performance. Other factors can also significantly impact operational results. Patterson-UTI Energy Inc. plans to continue its practice of providing regular monthly updates on its drilling activities.
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: 1046532) on July 07, 2025, and is solely responsible for the information contained therein.