Seventy Seven Energy Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 777 Northwest 63rd Street Oklahoma City United States of America 73116
- IPO Date
- Jun 26, 2014
- CIK
- 0001603923
- Website
- 77nrg.com
- Similar Companies
- Business
- Seventy Seven Energy Inc. (SSE) is a diversified onshore oilfield services company providing wellsite services and equipment to land-based exploration and production customers in the United States, focusing on unconventional resource plays including the Permian Basin, Eagle Ford, Bakken, Denver-Julesburg, and Powder River basins. The company offers pressure pumping, coiled tubing, directional drilling, cementing, fluid management, well intervention, rental tools such as drill pipes, drill collars, tubing, blowout preventers, frac and mud tanks, fishing services, production enhancement solutions, hydraulic fracturing, and oilfield rentals through subsidiaries including Nomac Drilling, L.L.C. for land drilling; Performance Technologies, L.L.C. for high-pressure frac and stimulation services; and Great Plains Oilfield Rental, L.L.C. for premium rental tools and specialized services. Founded in 2011 as Chesapeake Oilfield Operating, L.L.C. and rebranded to Seventy Seven Energy Inc. in June 2014 following its independence from Chesapeake Energy Corporation, with further rebranding roots traced to DTI Services and adoption of the current name post-2018, the company is headquartered in Oklahoma City, Oklahoma, at 777 NW 63rd Street, and maintains operations through service centers across key U.S. shale basins. In April 2017, Seventy Seven Energy was acquired by Patterson-UTI Energy Inc. in an all-stock merger, becoming a subsidiary that enhanced Patterson-UTI's drilling rig fleet to over 90 units and pressure pumping capacity, with subsequent integration focusing on organic growth, selective acquisitions, and technological advancements in well-completion and production solutions.
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