Cactus Drilling Co History
Cactus Drilling Co Company History Timeline
2002: In August of 2002, Unit Drilling purchased 20 drilling rigs from Cactus Drilling Company, increasing the fleet to a total of 75 rigs.
2004: In August of 2004, Unit completed the acquisition of Sauer Drilling Company, a Casper, Wyoming-based drilling company.
2006: Six rigs were constructed during 2006, two for the Mid-Continent operations and four for the Rocky Mountain operations.
2008: Unit constructed three new 1500 horsepower diesel electric/SCR drilling rigs during the year for the Rocky Mountain operations.
2011: Unit added seven new-build drilling rigs to its fleet throughout 2011.
2013: During 2013, Unit finished the design for its new BOSS drilling rig, a purpose-built, 1,500 horsepower AC rig that combines the best technological innovations into a single unique rig to meet the demands of the market.
During the first half of 2015, Unit placed into service five new BOSS drilling rigs.
2017: Unit completed the construction of its tenth BOSS drilling rig, bringing the total fleet to 95 drilling rigs.
Unit removed 41 rigs from its fleet at year-end with plans to sell those in 2019.
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| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Latshawdrilling | 1981 | $450.0M | 1,100 | - |
| Patterson-UTI Energy | 1978 | $2.6B | 5,800 | 38 |
| Precision Drilling | 1951 | $1.2B | 4,469 | 10 |
| Helmerich & Payne | 1920 | $2.1B | 9,777 | 25 |
| Nabors Drilling USA, LP | 1992 | $15.0M | 15,000 | - |
| Falcon Drilling | 2001 | $57.6M | 100 | - |
| Frontier Drilling | 2006 | $30.3M | 750 | - |
| C.C. FORBES LLC | 2003 | $26.0M | 50 | - |
| Parker Drilling Co | 1934 | $480.8M | 2,670 | - |
| Nabors Holding Company | 1988 | $6.4B | 5,422 | 69 |
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Cactus Drilling Co may also be known as or be related to Cactus Drilling Co, Cactus Drilling Co LLC, Cactus Drilling Company LLC and Cactus Drilling Company, LLC.