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May News 2017

NAI Partners Represents Patterson-UTI Energy, Inc. in Expanding Their Headquarters By 11,609 SF

Houston, TX, May 22, 2017 – In June of 2016, NAI Partners represented Patterson-UTI Energy, Inc. in the relocation of their office from the Greenspoint area to Remington Square II, where they leased 41,213 square feet of office space to serve as their corporate headquarters.

They have since expanded their office space, taking an additional 11,609 SF, now occupying 52,822 SF at Remington Square II which is located at 10713 W. Sam Houston Parkway North in Houston

Patterson-UTI is an oilfield services company that primarily owns and operates in the United States one of the largest fleets of land-based drilling rigs and a large fleet of pressure pumping equipment. Patterson-UTI’s contract drilling business operates in the continental United States and western Canada, and its pressure pumping and oilfield rental tools businesses operate primarily in Texas and the Mid-Continent and Appalachian regions.

Patterson-UTI also provides drilling rig pipe handling technology to drilling contractors in North America and other select markets. In addition, Patterson-UTI owns and invests as a non-operating working interest owner in oil and natural gas assets that are primarily located in Texas and New Mexico.

Dan F. Boyles, Jr and Liz Westcott-Brown of NAI Partners represented the tenant, Patterson-UTI Energy, Inc. in the negotiations, while Ryan Bishop and Brad Fricks of Stream Realty represented the landlord, Sun Life Assurance Company of Canada.

For additional information, please contact Dan F. Boyles, Jr. at 713.629.0500.

Contact Information

Elke Laughlin
1+ 713 985 4607
1+ 832 448 2300
elke.laughlin@naipartners.com