Patterson UTI rig count to drop by one-third in Q2

Driller to continue looking for ways to cut costs out of pressure pumping segment

Drilling: rig utilisation falls following oil price collapse — Drilling: rig utilisation falls following oil price collapsePhoto: REUTERS/SCANPIX

Julia Martinez

Houston

Patterson-UTI Rigs Production Americas North America

Published 23 April 2020, 17:40Updated 23 April 2020, 17:40