Nabors Industries (NYSE:NBR) is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.
The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems. Nabors offers proprietary rig designs such as its PACE‐X and PACE‐R land rigs, which emphasize efficiency, rapid pad moves and enhanced safety features. In its wellbore technologies segment, the company delivers blowout preventer systems, tubular running services and drilling waste management solutions, enabling clients to optimize well delivery and manage environmental and regulatory challenges.
Founded in the mid-20th century, Nabors is incorporated in Bermuda with principal executive offices in Houston, Texas. The company serves major oil and gas producing regions across North America, the Middle East, Asia Pacific and Latin America, with operations in more than 20 countries. Under the leadership of Chairman and Chief Executive Officer Anthony G. Petrello, Nabors has focused on expanding its technological capabilities and global footprint, adapting its services to meet evolving industry demands.
Committed to innovation and safety, Nabors continues to invest in digital platforms and drilling automation to reduce nonproductive time and improve operational performance. Its emphasis on research and development, combined with a global service infrastructure, supports energy producers in executing complex drilling campaigns and advancing towards more efficient and sustainable operations.
