Helmerich & Payne (H&P) is a top drilling company in US that began in 1920, when Walter “Walt” Helmerich II—a thrill-seeking aviator from Chicago, and William “Bill” Payne—a hard-working microbiologist from Shawnee, Oklahoma, met on a Star 29 cable rig in South Bend, Texas. From this unlikely pairing was born a partnership, a deep friendship and the oil and gas drilling company that still bears their names.
2024 H&P Drilling Summary
H&P 2024 summary YTD, EOG had the most well spuds with H&P rigs at 320, while in 2023, PIONEER NATURAL RESOURCES led with 356. Texas had the highest overall activity, with Martin County topping the list at 452 well spuds. The total well spuds in 2024 have steadily increased month over month, reaching 2,421 so far.
Oil & Gas Data Download
H&P Rig by Operator Report 2024
Helmerich & Payne, Inc Rig Locator Map
Drilling Contracts
Helmerich & Payne, Inc. (H&P) is a global provider of drilling services and technologies for the oil and gas industry. The company is primarily known for its expertise in drilling rigs and related technologies. Here are some key details about Helmerich & Payne:
- Drilling Services: Helmerich & Payne specializes in providing contract drilling services to oil and gas exploration and production companies. The company operates a fleet of drilling rigs designed for various drilling applications, including vertical and horizontal drilling.
- FlexRig Technology: H&P is well-known for its proprietary drilling rig technology called FlexRig. FlexRig systems are designed to provide enhanced drilling efficiency and flexibility, particularly in unconventional resource plays. The technology allows for the drilling of both vertical and horizontal wells in challenging geological formations.
- Rig Fleet: The company’s fleet consists of technologically advanced drilling rigs, and it has a reputation for maintaining one of the youngest and most modern fleets in the industry. The rigs are equipped with advanced automation and control systems to optimize drilling operations.
- Geographic Presence: Helmerich & Payne operates globally, providing drilling services in various oil and gas basins. Its operations are not limited to a specific region, and the company has a presence in both domestic and international markets.
- Technological Innovation: The company places a strong emphasis on technological innovation to improve drilling efficiency, safety, and cost-effectiveness. The development and deployment of advanced drilling technologies have been key aspects of H&P’s strategy.
- Customer Relationships: Helmerich & Payne works closely with major oil and gas companies as well as independent operators. The company’s reputation for providing reliable and technologically advanced drilling services has contributed to its success in maintaining strong customer relationships.
- Corporate Headquarters: The corporate headquarters of Helmerich & Payne is located in Tulsa, Oklahoma, USA.
As of my last knowledge update in January 2022, it’s advisable to check the latest information from Helmerich & Payne through their official website or other reliable sources for the most recent developments, financial reports, and operational updates. The oil and gas industry can experience changes, and staying updated with the latest information is essential for an accurate understanding of the company’s current status.
H&P Rigs
H&P 533
Total Wells Drilled
The total wells drilled for “H&P 533” is 9 in 2024.
Counties
- Midland: 5 wells drilled
- Upton: 4 wells drilled
State
- Texas: 9 wells drilled
Account Name
- APA Corporation: 9 wells drilled
Activity Period
2024 Q2: 5 wells drilled
2024 Q1: 4 wells drilled
H&P 268
Total Wells Drilled
The total wells drilled for “H&P 268” is 21 in 2024.
Counties
- Midland: 10 wells drilled
- Upton: 7 wells drilled
- Andrews: 2 wells drilled
- Glasscock: 2 wells drilled
State
- Texas: 21 wells drilled
Account Name
- APA Corporation: 21 wells drilled
Activity Period
2024 Q4: 7 wells drilled
2024 Q1: 2 wells drilled
2024 Q2: 8 wells drilled
2024 Q3: 4 wells drilled
H&P 439
otal Wells Drilled
The total wells drilled for “H&P 439” is 18 in 2024.
Counties
- Midland: 15 wells drilled
- Martin: 3 wells drilled
State
- Texas: 18 wells drilled
Account Name
- XTO Energy Inc.: 18 wells drilled
Activity Period
2024 Q4: 6 wells drilled
2024 Q1: 3 wells drilled
2024 Q2: 5 wells drilled
2024 Q3: 4 wells drilled
H&P 472
otal Wells Drilled
The total wells drilled for “H&P 472” is 22 in 2024.
Counties
- Midland: 18 wells drilled
- Martin: 4 wells drilled
State
- Texas: 22 wells drilled
Account Name
- XTO Energy Inc.: 22 wells drilled
Activity Period
- 2024 Q1: 10 wells drilled
- 2024 Q2: 6 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 2 wells drilled
H&P 255
Total Wells Drilled
The total wells drilled for “H&P 255” is 22 in 2024.
Counties
- Lea: 11 wells drilled
- Eddy: 6 wells drilled
- Martin: 5 wells drilled
State
- New Mexico (NM): 17 wells drilled
- Texas: 5 wells drilled
Account Name
- Coterra Energy: 17 wells drilled
- XTO Energy Inc.: 5 wells drilled
Activity Period
2024 Q4: 4 wells drilled
2024 Q1: 4 wells drilled
2024 Q2: 6 wells drilled
2024 Q3: 8 wells drilled
H&P 421
Total Wells Drilled
The total wells drilled for “H&P 421” is 22 in 2024.
Counties
- Martin: 14 wells drilled
- Midland: 8 wells drilled
State
- Texas: 22 wells drilled
Account Name
- XTO Energy Inc.: 22 wells drilled
Activity Period
- 2024 Q1: 8 wells drilled
- 2024 Q2: 3 wells drilled
- 2024 Q3: 7 wells drilled
- 2024 Q4: 4 wells drilled
H&P 549
Total Wells Drilled
The total wells drilled for “H&P 549” is 19 in 2024.
Counties
- Eddy: 19 wells drilled
State
- New Mexico (NM): 19 wells drilled
Account Name
- XTO Energy Inc.: 19 wells drilled
Activity Period
- 2024 Q1: 5 wells drilled
- 2024 Q2: 4 wells drilled
- 2024 Q3: 6 wells drilled
- 2024 Q4: 4 wells drilled
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Rig H&P 329 – Rio Blanco County, CO ranks #6 in the state for BOE produced in the most recent month (Oct 2023).
H&P 479
Total Wells Drilled
The total wells drilled for “H&P 479” is 17 in 2024.
Counties
- Lea: 14 wells drilled
- Eddy: 3 wells drilled
State
- New Mexico (NM): 17 wells drilled
Account Name
- OXY USA Inc.: 17 wells drilled
Activity Period
- 2024 Q1: 3 wells drilled
- 2024 Q2: 4 wells drilled
- 2024 Q3: 6 wells drilled
- 2024 Q4: 4 wells drilled
H&P 419
Total Wells Drilled
The total wells drilled for “H&P 419” is 17 in 2024.
Counties
- Loving: 14 wells drilled
- Lea: 3 wells drilled
State
- Texas: 14 wells drilled
- New Mexico (NM): 3 wells drilled
Account Name
- Petro-Hunt L.L.C.: 14 wells drilled
- OXY USA Inc.: 3 wells drilled
Activity Period
- 2024 Q1: 4 wells drilled
- 2024 Q2: 4 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 5 wells drilled
H&P 246
Total Wells Drilled
The total wells drilled for “H&P 246” is 24 in 2024.
Counties
- Lea: 19 wells drilled
- Eddy: 5 wells drilled
State
- New Mexico (NM): 24 wells drilled
Account Name
- EOG Resources, Inc.: 24 wells drilled
Activity Period
2024 Q4: 4 wells drilled
2024 Q1: 5 wells drilled
2024 Q2: 7 wells drilled
2024 Q3: 8 wells drilled
H&P 373
Total Wells Drilled
The total wells drilled for “H&P 373” is 18 in 2024.
Counties
- Lea: 9 wells drilled
- Loving: 6 wells drilled
- Reeves: 3 wells drilled
State
- New Mexico (NM): 9 wells drilled
- Texas: 9 wells drilled
Account Name
- OXY USA Inc.: 18 wells drilled
Activity Period
- 2024 Q1: 4 wells drilled
- 2024 Q2: 7 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 3 wells drilled
H&P 463
Total Wells Drilled
The total wells drilled for “H&P 463” is 26 in 2024.
Counties
- Midland: 10 wells drilled
- Martin: 7 wells drilled
- Reagan: 6 wells drilled
- Upton: 3 wells drilled
State
- Texas: 26 wells drilled
Account Name
- XTO Energy Inc.: 26 wells drilled
Activity Period
- 2024 Q1: 7 wells drilled
- 2024 Q2: 11 wells drilled
- 2024 Q3: 3 wells drilled
- 2024 Q4: 5 wells drilled
H&P 487
Total Wells Drilled
The total wells drilled for “H&P 487” is 16 in 2024.
Counties
- Martin: 10 wells drilled
- Midland: 6 wells drilled
State
- Texas: 16 wells drilled
Account Name
- XTO Energy Inc.: 16 wells drilled
Activity Period
- 2024 Q1: 3 wells drilled
- 2024 Q2: 2 wells drilled
- 2024 Q3: 8 wells drilled
- 2024 Q4: 3 wells drilled
H&P 475 – TG Natural Resources – HARRISON, County TX
Rig H&P 541 – DEWITT County, TX – Operator:BPX
H&P 248
Total Wells Drilled
The total wells drilled for “H&P 248” is 25 in 2024.
Counties
- Dawson: 21 wells drilled
- Howard: 2 wells drilled
- Martin: 2 wells drilled
State
- Texas: 25 wells drilled
Account Name
- IKE Operating, LLC: 15 wells drilled
- Birch Resources: 10 wells drilled
Activity Period
- 2024 Q1: 9 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 5 wells drilled
- 2024 Q4: 6 wells drilled
H&P 650
Total Wells Drilled
The total wells drilled for “H&P 650” is 22 in 2024.
Counties
- Midland: 18 wells drilled
- Glasscock: 4 wells drilled
State
- Texas: 22 wells drilled
Account Name
- XTO Energy Inc.: 22 wells drilled
Activity Period
- 2024 Q1: 12 wells drilled
- 2024 Q3: 5 wells drilled
- 2024 Q4: 5 wells drilled
H&P 467
Total Wells Drilled
The total wells drilled for “H&P 467” is 17 in 2024.
Counties
- Midland: 11 wells drilled
- Martin: 6 wells drilled
State
- Texas: 17 wells drilled
Account Name
- XTO Energy Inc.: 17 wells drilled
Activity Period
- 2024 Q1: 5 wells drilled
- 2024 Q2: 6 wells drilled
- 2024 Q3: 3 wells drilled
- 2024 Q4: 3 wells drilled
H&P 395
Total Wells Drilled
The total wells drilled for “H&P 395” is 27 in 2024.
Counties
- Martin: 20 wells drilled
- Howard: 4 wells drilled
- Midland: 3 wells drilled
State
- Texas: 27 wells drilled
Account Name
- Ovintiv USA: 27 wells drilled
Activity Period
2024 Q4: 6 wells drilled
2024 Q1: 4 wells drilled
2024 Q2: 12 wells drilled
2024 Q3: 5 wells drilled
H&P 460
Total Wells Drilled
The total wells drilled for “H&P 460” is 27 in 2024.
Counties
- Lea: 27 wells drilled
State
- NM: 27 wells drilled
Account Name
- Coterra Energy: 27 wells drilled
Activity Period
- 2024 Q1: 8 wells drilled
- 2024 Q2: 6 wells drilled
- 2024 Q3: 7 wells drilled
- 2024 Q4: 6 wells drilled
H&P 264
Total Wells Drilled
The total wells drilled for “H&P 264” is 26 in 2024.
Counties
- Reagan: 23 wells drilled
- Martin: 3 wells drilled
State
- Texas: 26 wells drilled
Account Name
- Civitas Resources: 26 wells drilled
Activity Period
- 2024 Q1: 13 wells drilled
- 2024 Q2: 1 well drilled
- 2024 Q3: 7 wells drilled
- 2024 Q4: 5 wells drilled
H&P 551
Total Wells Drilled
The total wells drilled for “H&P 551” is 15 in 2024.
Counties
- Midland: 6 wells drilled
- Martin: 4 wells drilled
- Reagan: 3 wells drilled
- Upton: 2 wells drilled
State
- Texas: 15 wells drilled
Account Name
- XTO Energy Inc.: 15 wells drilled
Activity Period
- 2024 Q1: 4 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 3 wells drilled
- 2024 Q4: 3 wells drilled
H&P 313
Total Wells Drilled
The total wells drilled for “H&P 313” is 25 in 2024.
Counties
- Lea: 13 wells drilled
- Eddy: 10 wells drilled
- Reeves: 2 wells drilled
State
- New Mexico (NM): 23 wells drilled
- Texas: 2 wells drilled
Account Name
- Permian Resources: 24 wells drilled
- Matador Resources Company: 1 well drilled
Activity Period
- 2024 Q1: 7 wells drilled
- 2024 Q2: 7 wells drilled
- 2024 Q3: 6 wells drilled
- 2024 Q4: 5 wells drilled
H&P 379
Total Wells Drilled
The total wells drilled for “H&P 379” is 25 in 2024.
Counties
- Martin: 9 wells drilled
- Midland: 6 wells drilled
- Howard: 4 wells drilled
- Andrews: 3 wells drilled
- Upton: 3 wells drilled
State
- Texas: 25 wells drilled
Account Name
- Ovintiv USA: 25 wells drilled
Activity Period
- 2024 Q1: 10 wells drilled
- 2024 Q2: 6 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 5 wells drilled
H&P 416
Total Wells Drilled
The total wells drilled for “H&P 416” is 25 in 2024.
Counties
- Lea: 15 wells drilled
- Upton: 10 wells drilled
State
- New Mexico (NM): 15 wells drilled
- Texas: 10 wells drilled
Account Name
- EOG Resources, Inc.: 15 wells drilled
- TRP Energy: 10 wells drilled
Activity Period
- 2024 Q1: 8 wells drilled
- 2024 Q2: 7 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 6 wells drilled
H&P 249
Total Wells Drilled
The total wells drilled for “H&P 249” is 23 in 2024.
Counties
- Lea: 17 wells drilled
- Reeves: 4 wells drilled
- Loving: 2 wells drilled
State
- New Mexico (NM): 17 wells drilled
- Texas: 6 wells drilled
Account Name
- EOG Resources, Inc.: 23 wells drilled
Activity Period
- 2024 Q1: 5 wells drilled
- 2024 Q2: 8 wells drilled
- 2024 Q3: 4 wells drilled
- 2024 Q4: 6 wells drilled
H&P 375
Total Wells Drilled
The total wells drilled for “H&P 375” is 23 in 2024.
Counties
- Eddy: 18 wells drilled
- Lea: 5 wells drilled
State
- New Mexico (NM): 23 wells drilled
Account Name
- Permian Resources: 23 wells drilled
Activity Period
- 2024 Q1: 6 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 8 wells drilled
- 2024 Q4: 4 wells drilled
H&P 390
Total Wells Drilled
The total wells drilled for “H&P 390” is 23 in 2024.
Counties
- Midland: 16 wells drilled
- Upton: 7 wells drilled
State
- Texas: 23 wells drilled
Account Name
- XTO Energy Inc.: 23 wells drilled
Activity Period
- 2024 Q1: 6 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 6 wells drilled
- 2024 Q4: 6 wells drilled
H&P 489
Total Wells Drilled
The total wells drilled for “H&P 489” is 23 in 2024.
Counties
- Eddy: 12 wells drilled
- Reeves: 8 wells drilled
- Loving: 3 wells drilled
State
- New Mexico (NM): 12 wells drilled
- Texas: 11 wells drilled
Account Name
- Permian Resources: 20 wells drilled
- U.S. Energy Development Corporation: 2 wells drilled
- Devon Energy Corporation: 1 well drilled
Activity Period
- 2024 Q1: 8 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 5 wells drilled
- 2024 Q4: 5 wells drilled
H&P 493
Total Wells Drilled
The total wells drilled for “H&P 493” is 22 in 2024.
Counties
- Lea: 12 wells drilled
- Reeves: 8 wells drilled
- Eddy: 2 wells drilled
State
- New Mexico (NM): 14 wells drilled
- Texas: 8 wells drilled
Account Name
- Permian Resources: 21 wells drilled
- TITUS Oil & Gas Production, LLC: 1 well drilled
Activity Period
- 2024 Q1: 5 wells drilled
- 2024 Q2: 5 wells drilled
- 2024 Q3: 6 wells drilled
- 2024 Q4: 6 wells drilled
H&P 540
Total Wells Drilled
The total wells drilled for “H&P 540” is 22 in 2024.
Counties
- Martin: 8 wells drilled
- Midland: 7 wells drilled
- Upton: 7 wells drilled
State
- Texas: 22 wells drilled
Account Name
- Ovintiv USA: 22 wells drilled
Activity Period
2024 Q4: 4 wells drilled
2024 Q1: 2 wells drilled
2024 Q2: 7 wells drilled
2024 Q3: 9 wells drilled
