Precision Drilling Corp - ESG Rating & Company Profile powered by AI
This article contains a questions and answers section for Precision Drilling Corp. The webpage displays a zero-cost ESG report for Precision Drilling Corp. This Disclosure rating covers 17 UN Sustainable Development Goals including: 'Gender Equality', 'Responsible Production & Consumption' and 'Life on Land'.
Precision Drilling Corp in the Oil & Gas Drilling industry gained a UN SDG ESG Transparency Score of 4.8; made up of an environmental score of 5.7, social score of 3.4 and governance score of 5.3.
4.8
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Boart Longyear Ltd | 8.0 | High |
| 1 | Noble Holding Corporation PLC | 8.0 | High |
| 25 | China Oilfield Services Ltd | 5.2 | High |
| 27 | Aban Offshore Ltd | 4.9 | High |
| 28 | Precision Drilling Corp | 4.8 | High |
| 29 | Mitchell Services Ltd | 4.3 | High |
| 30 | Vantage Drilling International | 4.0 | High |
| ... | ... | ... | |
| 64 | Xtreme Drilling Corp | 0.0 | Low |
| 64 | Tecpetrol Sociedad Anónima | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Precision Drilling Corp
These potential risks are based on the size, segment and geographies of the company.
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.