Nature of Operations

12 Months Ended

Dec. 31, 2017

Nature of Operations

Nature of Operations

Note 1 Nature of Operations

We own and operate one of the world’s largest land-based drilling rig fleets and are a leading provider of offshore rigs in the United States and numerous international markets. Our business is comprised of our global land-based and offshore drilling rig operations and other rig related services and technologies, consisting of equipment manufacturing, rig instrumentation and optimization software. We also specialize in wellbore placement solutions and are a leading provider of directional drilling and MWD systems and services.

The consolidated financial statements and related footnotes are presented in accordance with U.S. GAAP.