Union Drilling, Inc. · Fort Worth, TX United States ·(NASDAQ (GS): UDRL)
Company Description
Phone: 817-735-8793
Fax: 817-735-9226
View Union Drilling, Inc. Locations On A US Map
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This link will open in a new window Union Drilling, a leading independent US drilling contractor, unifies hydrocarbons and pipelines via the drill bit. With 71 drilling rigs (50 of which are set up for drilling horizontal wells), the company provides contract land drilling services in Arkansas, Colorado, Kentucky, New York, Ohio, Oklahoma, Pennsylvania, Texas, Virginia, and West Virginia. The company drilled wells for 121 different customers in 2008. Most of its rigs operate in unconventional natural gas producing areas (such as shales, tight sands and coal bed methane formations), which require specialized drilling. Union Drilling is controlled by a unit of Morgan Stanley . To read the full description, subscribe now.
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Key Union Drilling, Inc. Financials
| Company Type | Public - NASDAQ (GS): UDRL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $302.8 |
| 2008 Employees | 1,530 |
Union Drilling, Inc. Executives
16 executives listed for Union Drilling, Inc.'s Fort Worth, TX location.
| Title | Name & Bio | Contact |
| Chairman | Thomas O'Neill | Network |
| President, CEO, and Director | Christopher Strong | Network |
| VP, General Counsel, and Corporate Secretary | David Goldberg | Network |
Competition
Competitive Landscape for Union Drilling, Inc.
Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $320,000. To read the full description, subscribe now.Top Union Drilling, Inc. Competitors
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