Precision is a leading provider of safe and High Performance, High-Value services to the oil and gas industry. We offer customers access to an extensive fleet of highly efficient Super Series drilling rigs, supported by our digitally enabled Alpha™ suite of technologies. Precision has partnered with several industry leaders to develop its full technology suite consisting of AlphaAutomation™, AlphaApps™, and AlphaAnalytics™, which delivers efficient, predictable, and repeatable results through enhanced drilling performance. Our EverGreen™ suite of environmental solutions reinforces our longstanding commitment to operating efficiently and with environmental stewardship dating back to the 1990’s when we ran our first grid powered drilling rig. Precision recognizes the necessity of a global energy transition, and we are highly motivated to execute our vital role in the energy value chain with lower environment impact
Precision also offers well service rigs, camps, and rental equipment backed by a comprehensive mix of technical support services and skilled, experienced personnel.
Rating Reviews
Rating is calculated based on
9
reviews and is evolving.
Pros: The compensation is competitive for the energy industry, and the health benefits package is comprehensive and reliable. The 401k matching program is also a significant perk. There's a strong sense of teamwork within our Houston office, fostering a supportive work environment.
Cons: While base pay is good, annual raises can be inconsistent, and the bonus structure sometimes lacks transparency. Clearer pathways for career progression within the finance department would be beneficial for internal mobility.
Advice to Management: Continue to focus on transparent compensation reviews and clearly defined career paths to enhance employee motivation and retention. Streamlining internal approval processes could also boost overall efficiency.
Show more
Pros: Leadership fosters a collaborative environment, encouraging open communication and empowering staff, especially as an Operations Coordinator. Precision Drilling, a stable publicly traded drilling contractor, offers great learning in the oil and gas industry.
Cons: While leadership is strong, communication between departments could be more consistent during peak operational periods. Approval processes for new initiatives can feel slow, impacting agility in this fast-moving oil and gas industry.
Advice to Management: Continue investing in cross-departmental communication initiatives to enhance synergy and speed up decision-making. Streamlining internal approval workflows would also greatly benefit overall operational efficiency and agility for this drilling contractor.
Show more
Pros: The pay and benefits package is solid, especially for entry-level roles in the energy industry. Safety protocols are taken seriously, and there's a good amount of on-the-job training provided to ensure everyone is up to speed on the latest procedures. The camaraderie among field crews is also a definite plus; you really bond with your teammates out there.
Cons: Work-life balance is tough; the shifts are long and often unpredictable, especially when you're on a remote site. Getting time off can be difficult, and the physical demands of the job are high. Communication from management about schedule changes could also be more proactive to help with planning personal time.
Advice to Management: Consider offering more predictable scheduling options or better advance notice for shift changes. Improving communication about operational needs could help employees manage their personal lives more effectively.
Show more
What's a realistic salary expectation for an experienced driller in the Permian Basin with a mid-sized oil and gas company?
Based on my experience in the Permian Basin, with a mid-sized oil and gas company, experienced drillers often negotiate salaries in the $80k-$100k range, plus per diem and benefits.
As a CEO in the oil and gas sector, what's the most innovative aspect of precision drilling you've encountered at a large company?
I've been impressed with how advanced directional drilling technology in large-scale oil and gas operations is minimizing environmental impact while maximizing resource recovery.
What's the working culture like at Precision Drilling for someone in a field role?
It's a fast-paced environment, definitely hands-on for field roustabouts and operators in the oil and gas industry, with a strong emphasis on teamwork and safety at their Canadian operations.
What's the day-to-day like for a CEO at Precision Drilling, especially in the energy sector in Alberta?
As CEO, I focus on steering our strategy in the oil and gas services industry, ensuring operational excellence for our large-scale Canadian operations and driving innovation to meet evolving market demands.
What is the typical career path for a CEO at a large precision drilling company like Precision Drilling?
As CEO at Precision Drilling, I've seen leaders come from diverse backgrounds, often progressing through executive roles in operations or finance within the energy sector. Experience in managing large teams and navigating complex industry challenges, especially in oil and gas, is key for success in this Houston-based, large-scale operation.
What's it like being CEO at a mid-sized precision drilling company in Houston, Texas?
Leading a precision drilling firm here in Houston involves navigating complex energy sector demands and fostering innovation. It's rewarding to guide a team focused on safety and efficiency in this competitive market.
What are the benefits of working in precision drilling in the oil and gas industry in Midland, Texas?
In precision drilling roles with a large company like this, I've found great stability and opportunities for career growth. The focus on advanced technology in the Permian Basin means you're always learning.
What is the typical work environment like for field employees at Precision Drilling, especially regarding team collaboration?
The work environment for field crews in the oil and gas industry, including those at Precision Drilling, is often characterized by close-knit teams that rely heavily on collaboration. Working together on drilling rigs, especially in remote locations, fosters a strong sense of camaraderie and mutual support to ensure safety and efficiency.
CA
