Patterson-uti energy ceo expects q4 average rig operating cost per day to decrease about $200 - conf call

Patterson-uti energy ceo - recent customer conversations suggested our drilling rig activity will bottom in q4 & then a modest increase in late dec. and early jan.patterson-uti energy ceo - expect q4 average rig operating cost per day to decrease about $200 - conf call.patterson-uti energy ceo - expect q4 pressure pumping margin to be about $8 million with revenues of about $150 million - conf call.patterson-uti energy ceo - our pressure pumping activity is going to slow down in the fourth quarter - conf call.
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