PRECISION DRILLING Corp

Precision Drilling Corporation provides onshore drilling, completion, and production services to exploration and production companies operating in oil, natural gas, and geothermal sectors. Founded in 1951 and headquartered in Calgary, Alberta, the company operates a fleet of land drilling rigs across Canada, the United States, and the Middle East. Service offerings include land and turnkey well drilling, procurement and distribution of oilfield supplies, and manufacture and repair of drilling and service rig equipment.

The company operates through two primary segments. The Contract Drilling Services segment delivers onshore well drilling services and operates the company's land drilling rig fleet. This segment also provides automation solutions for drilling operations, including the AlphaAutomation platform and associated analytics tools, as well as the EverGreen suite of environmental solutions covering monitoring, energy efficiency, and hydrogen applications. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation work. This segment also offers equipment rentals and camp and catering services to exploration and production operators.

The company maintains significant geographic diversification across North American and international markets, with operations spanning multiple jurisdictions where oil and gas development activity occurs.