Independence Contract Drilling

Independence Contract Drilling is a premium land drilling services provider. From our corporate headquarters in Houston, Texas, we develop and assemble our ShaleDriller^® series rig design based on E&P operator feedback and field requirements. ShaleDrillers are designed for safe and efficient drilling operations on large, multi-well drilling locations. They are designed to move fast and are capable of walking in multiple directions.

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Independence drilling rigs by State/Province; Texas (9), NM (2), LA (1)

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Independence Contract Drilling, Inc. (ICD) is a U.S.-based land drilling services provider, primarily focused on offering drilling services to independent oil and natural gas exploration and production companies. Here are some key points about Independence Contract Drilling:

Drilling Services: Independence Contract Drilling specializes in providing contract drilling services for oil and gas wells, primarily in the onshore or land-based drilling sector.
Drilling Rigs: The company operates a fleet of high-specification AC (alternating current) drilling rigs. These rigs are designed for drilling horizontal and directional wells in unconventional resource plays.
Geographic Presence: Independence Contract Drilling operates in various oil and gas basins across the United States. The company’s services are often utilized in regions with active drilling and exploration activities.
Technological Focus: ICD emphasizes the use of advanced drilling technologies to enhance efficiency and safety in drilling operations. The company’s rigs are designed to meet the technical requirements of modern drilling practices.
Corporate Headquarters: The corporate headquarters of Independence Contract Drilling is in Houston, Texas, reflecting the company’s connection to the energy industry hub in the United States.
Publicly Traded: Independence Contract Drilling is a publicly traded company, and its common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol “ICD.”
Industry Dynamics: As with many companies in the oil and gas industry, Independence Contract Drilling is influenced by factors such as oil and gas prices, drilling activity levels, and broader economic conditions.