Description
Seventy Seven Energy Inc was incorporated in the State of Oklahoma. It is a diversified oilfield services and equipment company. Its services include drilling, hydraulic fracturing, oilfield rentals, rig relocation and fluid handling and disposal. It operates its business through three operating segments including Drilling, Hydraulic Fracturing and Oilfield Rentals. It drilling segment is operated through wholly-owned subsidiary, Nomac Drilling, L.L.C., and provides land drilling services for oil & natural gas E&P activities. Hydraulic fracturing segment is operated through wholly-owned subsidiary, Performance Technologies, L.L.C., and provides high-pressure hydraulic fracturing services and other well stimulation services. Oilfield rentals segment is operated through wholly-owned subsidiary, Great Plains Oilfield Rental, L.L.C., and provides premium rental tools and specialized services for land-based oil and natural gas drilling, completion and workover activities. It offers line of rental tools, including a full line of tubular products specifically designed for horizontal drilling and completion, with high-torque, premium-connection drill pipe, drill collars and tubing. It provides drilling and other services and supply materials and equipment to CHK. Its competitors include Helmerich & Payne, Inc, Patterson-UTI Energy, Inc, Trinidad Drilling Ltd, Superior Energy Services, Inc., RPC, Inc., Keane Group, FTS International, Inc, Key Energy Services, Inc., RPC, Inc., Oil States International, Inc., and Weatherford International PLC. It operates under the jurisdiction of a number of federal, state and local regulatory bodies that regulate worker safety, the handling of hazardous materials, the transportation of explosives, the protection of the environment and safe driving procedures.