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Oil made a comeback–as did Oklahoma energy stocks

Helmerich and Payne to retrieve rigs out of storage

  • November 22, 2021

Helmerich

 

Helmerich & Payne CEO John Lindsay says the demand for new oil and gas drilling rigs is growing so much that his Tulsa-based company will have to reactivate some of its long-idled rigs to satisfy demand.

It’s what he and other company leaders recently said according to a report by Natural Gas Intelligence.

As OK Energy Today pointed out in January of this year, some of those rigs were stored in Western Oklahoma.

Click here for Natural Gas Intelligence report.

 

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