Precision Drilling Corporation

About Precision Drilling Corporation

Precision Drilling is a leading provider of onshore oil and gas drilling technology, focused on optimizing drilling operations through automation, AI, and smart algorithms. Their mission includes reducing environmental impact and enhancing efficiency in the oil and gas industry.

Products & Services

North American Drilling:Drilling services offered across North America.

International Drilling:Drilling services provided in international markets.

Well Servicing:Services for maintenance and operation of oil wells.

Oilfield Equipment Rentals:Rental services for oilfield equipment.

Camp & Catering Services:Support services including accommodation and catering for drilling operations.

AlphaAutomation™:Automation technology to enhance drilling efficiency.

AlphaApps™:Applications designed to support drilling operations.

AlphaAnalytics™:Analytical tools for optimizing drilling performance.

EverGreen™:Environmental solutions to reduce emissions and improve efficiency through smart monitoring and alternative energies.

Specialties

Drilling Technology Automation AI Smart Algorithms Environmental Solutions Emissions Reduction

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 375000000 MR: - FA: 375 million FAN: 375000000	D: 2024-06-28 FD: 2024-06-28	-

Debt Latest

2024-06-28

$375.0M

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

C

Carey T. Ford

President and Chief Executive Officer

D

Dustin Honing

Chief Financial Officer

G

Gene C. Stahl

Chief Operating Officer

T

Thomas Alford

President, Well Servicing

D

Darren J. Ruhr

Chief Administrative Officer

V

Veronica H. Foley

Chief Legal and Compliance Officer

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