Independence Contract Drilling

Independence Contract Drilling is a privately held company located in Houston, Texas, specializing in premium land drilling services. Employing 303 people, the company brought in an estimated $100 million in revenue. Independence Contract Drilling manufactures and operates the ShaleDriller series of drilling rigs, specifically designed for shale plays and completions requiring long horizontal sections. These rigs are fast-moving, programmable AC rigs, built from a proven design with units already operating in major US shale plays. What sets Independence Contract Drilling apart is the proprietary AC software code incorporated into the ShaleDriller rigs. This allows for precise control over drilling parameters, enabling the drilling of same-class wells in significantly less time compared to mechanical or DC equipment. This results in increased efficiency for operators, allowing them to drill four to eleven additional wells per rig annually. For more information about Independence Contract Drilling and their ShaleDriller rigs, visit their website at icdrilling.com.