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    Seventy Seven Energy Inc. (SSE)

    1.13 Down 0.02(1.71%) 2:08PM EST - NYSE Real Time Price
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    Seventy Seven Energy Inc.
    777 NW 63rd Street
    Oklahoma City, OK 73116
    United States - Map
    Phone: 405-608-7777
    Website: http://www.77nrg.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Equipment & Services
    Full Time Employees:5,000

    Business Summary 

    Seventy Seven Energy Inc. provides oilfield services in the United States. The company operates in four segments: Drilling, Hydraulic Fracturing, Oilfield Rentals, and Oilfield Trucking. The Drilling segment offers land drilling and drilling-related services, including directional drilling for the oil and natural gas exploration and development activities. The Hydraulic Fracturing segment provides hydraulic fracturing and other well stimulation services. The Oilfield Rentals segment offers rental tools for land-based oil and natural gas drilling, completion, and workover activities. It provides a line of rental tools, including drill pipe, drill collars, tubing, blowout preventers, frac tanks, mud tanks, and environmental containment tools. This segment also offers air drilling, flowback services, and services associated with the transfer of water to the wellsite for well completions. The Oilfield Trucking segment provides drilling rig relocation and logistics services, as well as fluid handling services. As of December 31, 2014, it owned 92 drilling rigs, 10 hydraulic fracturing fleets, 263 rig relocation trucks, 67 cranes and forklifts, and 141 fluid hauling trucks. The company was formerly known as Chesapeake Oilfield Operating, L.L.C. and changed its name to Seventy Seven Energy Inc. in June 2014. The company was founded in 2011 and is headquartered in Oklahoma City, Oklahoma. Seventy Seven Energy Inc. operates independently of Chesapeake Energy Corporation, as of June 30, 2014.

    Key Statistics

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    Key Executives 
    Mr. Jerry L. Winchester , 56
    Chief Exec. Officer, Pres and Director
    Mr. Cary D. Baetz , 50
    Chief Financial Officer and Treasurer
    Mr. Karl Blanchard , 55
    Chief Operating Officer
    Mr. James G. Minmier , 51
    Pres of Nomac Drilling LLC
    Mr. William R. Stanger , 61
    Pres of Performance Technologies LLC
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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