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UTI Energy, based in Houston, provides contract drilling services to oil and gas companies.
Since 2007, G.E.'s oil and gas unit has made $11 billion worth of acquisitions – not including Monday's announcement – to bolster its drilling services offerings.
On Monday, BP accused Halliburton, an oil drilling services contractor, of deliberately destroying evidence that showed that the cement Halliburton produced to secure the Macondo well was unstable.
The rest comes from well-support drilling services for companies looking for oil and gas, in particular US shale gas companies.
Oil drillers, refiners and drilling services companies have rallied 34percentt in 2007, helping the S.& P. 500 Energy Index more than triple in five years.
Cameron, the company that manufactured a "blowout preventer" that failed to function after the explosion, and Halliburton, which performed drilling services like cementing, could in turn face claims from BP or Transocean.
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After leaving the finance sector, Mr. Eckel became involved in the energy industry, founding drilling, service and exploration and production companies before founding Copano.
Ms. McSpadden, 50, said she and her husband, Hal, a project manager for an oil drilling service, bought their $230,000 house on the first day they looked.
After working 17 hours straight at a natural gas well in Ohio, Timothy Roth and three other crew members climbed into their company truck around 10 o'clock one night last July and began their four-hour drive back to their drilling service company's shop in West Virginia.
The Jackups segment engages in providing contract drilling service.
Companies with exposure to North American natural gas markets mainly the onshore drilling companies and the offshore drilling companies, also the drilling service providers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com