Tesco Corporation

Type: Public
On the web: http://www.tescocorp.com
Employees: 1,834
Employee growth: (1.6%)

Tesco makes tools for those who work alfresco. The company makes drilling equipment for oil and gas producers worldwide and is organized around four business lines: top drives, tubular services, casing drilling, and research and engineering. Tesco maintains a rental fleet of portable units, or top drives. Its Tubular Services unit offers proprietary offerings and conventional casing and tubing running services. Tesco's casing drilling technology allows drilling of wells without the use of drill pipe. The company's blow-out preventers and active control units are used for snubbing, air drilling, and underbalanced drilling. Tesco also offers complete drilling rigs, drilling machinery, and related equipment.

Key numbers for fiscal year ending December, 2008:
Sales: $534.9M
One year growth: 15.7%
Net income: $52.9M
Income growth: 63.8%

Officers:
Chairman: Norman W. Robertson
President, CEO, and Director: Julio M. Quintana
SVP Operations: Jeffrey L. Foster

Competitors:
Nabors Industries
National Oilwell Varco
Weatherford International

This article is about the oil industry company. For UK-based supermarket group, see Tesco.

TESCO Corporation

Type	Public (NASDAQ: TESO, TSX: TEO)
Founded	1995, Calgary, Canada by Robert Tessari
Headquarters	Houston, Texas, USA Calgary, Canada
Key people	Julio Quintana, President & CEO Anthony Tripodo, EVP & CFO
Industry	Oilfield Services
Products	Oilfield Services
Employees	1,864 (2008)[1]
Website	www.tescocorp.com

Tesco Corporation (TESCO) (NASDAQ: TESO, TSX: TEO) is an oilfield services company specialising in the design, manufacture and service of technology-based solutions for the upstream energy industry. Its headquarters are located in Houston, Texas in the United States.

Business overview

As an industry leader in the development and commercialization of drilling technology and services, TESCO’s mission is to change the way wells are drilled by reducing drilling risk and increasing operational efficiency.

References

1. ^ "Company Profile for Tesco Corp (CA;TEO)". http://zenobank.com/index.php?symbol=CA;TEO&page=quotesearch. Retrieved on 2008-10-09. 

External links

• Tesco Corporation (official site)

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