NYSE: PDS 1.89 ( -0.06 ) -3.08% Volume: 1,939,256 December 11, 2018
TSX: PD 2.54 ( -0.09 ) -3.42% Volume: 2,558,177 December 11, 2018
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service-lines

We deliver High Performance, High Value through comprehensive support and one of the most technologically advanced rig fleets in the industry.

Dig Deeper Into Our Service Lines

  • Precision works hard every day to earn its place as the leading oil and gas drilling contractor in Canada. We deliver High Performance by employing passionate people supported by superior systems and equipment designed to maximize productivity and reduce risks.
  • Precision has established itself as a U.S. market leader, delivering efficient, reliable High Performance services to customers in the U.S.
  • Global capabilities provided by highly skilled and trained professionals, operating innovative equipment, backed by robust support systems.
  • Precision’s directional drilling model is focused on delivering higher quality and lower cost wells within major North American resource plays.
  • Creating value for our customers by helping improve production through the life cycle of their wells.
  • Full-service partner offering High Performance specialty oilfield and rental equipment.
  • Our scalable accommodations ensure field teams have a home away from home.
  • Water and wastewater management rental equipment, systems and services for remote locations in Canada.
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Operations Support

History Highlights

1961-1965

Precision begins international operating partnerships in Mexico, Australia, Timor, New Guinea and Sumatra

1965

Precision initiates major modernization and standardization program for its drilling equipment

1990

Precision manufactures the 9SE Slant Rig (capable of drilling up to 2500m), launching the highly efficient Super Series family of rigs

1993

Precision adds Camp and Catering services to support its rig operations

1996

Precision adds Well Servicing and Completion Services to its service lines

1996

Precision enhances the company’s repair and maintenance capabilities with acquisition of Rostel Industries

1997

Precision adds oilfield rental equipment to its service lines

2008

Precision acquires Grey Wolf in the U.S., the country’s fourth largest land driller, gaining full geographic coverage of the U.S. market and adding over 100 drilling rigs to Precision’s fleet

2011

Precision adds Directional Drilling to its service lines with the acquisitions of Drake Directional/Drake MWD (U.S.) and Axis Energy Services (CAN)

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