U.S. safety board urges new rules after fatal Oklahoma well blast [Reuters]
Patterson-UTI Energy, Inc. (PTEN)
Last patterson-uti energy, inc. earnings: 4/23 06:01 am
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Source: Reuters
U.S. safety board urges new rules after fatal Oklahoma well blast - Reuters 2 Min Read HOUSTON (Reuters) - An investigation into an explosion at an Oklahoma natural gas drilling rig that killed five workers last year faulted inadequate training and equipment and called for new regulations, the U.S. safety regulator said on Wednesday. The Pryor Trust gas well in Pittsburgh County, Oklahoma was operated by Red Mountain Energy LLC and workers employed by Houston-based drilling contractor Patterson-UTI Energy Inc. “The lack of effective safety management at this well resulted in a needless catastrophe,” said Kristen Kulinowski, interim executive of the Chemical Safety Board. The accident was the deadliest oil and gas drilling incident since the 2010 Deepwater Horizon explosion that killed 11. Workers were not properly trained to monitor for natural gas leaks and had turned off an alarm that could have warned them, the CSB said. Equipment designed to shut gas or oil flow during an emergenc
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News
- Patterson-UTI Energy, Inc. (NASDAQ: PTEN) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "neutral" rating to a "buy" rating. They now have a $10.00 price target on the stock, down previously from $11.00.MarketBeat
- Patterson-UTI Reports Drilling Activity for November 2024Accesswire
- Patterson-UTI (PTEN) Up 4.9% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Reports Drilling Activity for October 2024 [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Reports Drilling Activity for October 2024Accesswire
PTEN
Earnings
- 10/23/24 - Miss
PTEN
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 144
- 11/8/24 - Form SC
- PTEN's page on the SEC website