A Timeless Legacy
One hundred years ago, a thrill-seeking aviator and hardworking biologist started a small drilling outfit in the wind-swept plains of South Bend, Texas. Throughout the next century, H&P’s commitment to teamwork and innovative spirit built a legacy that continues to lead the industry today.
Timeline
1920
In early 1920, Walter Helmerich II bought his firs ... READ MORE
1926
After achieving record profits from drilling and p ... READ MORE
1930
During the Great Depression, the price of oil plum ... READ MORE
1936
After sixteen years, Bill Payne resigns to form hi ... READ MORE
1944
Under the leadership of Walter Helmerich II, H&P b ... READ MORE
1958
H&P moves into international operations with succe ... READ MORE
1960
Following 40 years of leadership, Walter Helmerich ... READ MORE
1963
Helmerich & Payne Inc. is listed on the New York S ... READ MORE
1968
H&P mobilizes its first offshore rig called Spindl ... READ MORE
1989
Hans Helmerich, the son of Walt Helmerich III, bec ... READ MORE
1994
Through the acquisition of Ensco, H&P penetrates t ... READ MORE
1996
H&P begins its deepwater operations in the Gulf of ... READ MORE
1998
H&P delivers the FlexRig1, the precursor to the co ... READ MORE
2001
Built upon the original FlexRig design, H&P introd ... READ MORE
2002
H&P introduces the FlexRig3, which revolutionized ... READ MORE
2006
The FlexRig4 is introduced, which allows the drill ... READ MORE
2008
H&P launches the Safety, Learning and Performance ... READ MORE
2010
H&P celebrates the mobilization of the 100th FlexR ... READ MORE
2012
The FlexRig5 is introduced, which is developed for ... READ MORE
2014
John Lindsay succeeds Hans Helmerich as CEO of H&P ... READ MORE
2015
In a renewed focus on safety, the company introduc ... READ MORE
2019
H&P Technologies is created. This technology-focus ... READ MORE