Innovating for a Brighter Future
High Performance Meets High Value
Precision delivers safe and sustainable services and technology to the oil and gas industry. We’ve helped countless customers reduce risks and costs at wellsites across the globe thanks to our Target Zero commitment, industry-leading drilling technology, and a demand for High Performance, High Value in every facet of our work.
Precision creates value for our customers by delivering high performance services to every project. We provide these services consistently and reliably through our investment in Precision people, technology and systems.
An Onshore Drilling Company with Deep Industry Roots
Precision began in 1951 as a small onshore drilling company with one rig and quickly grew into a fleet by the end of the decade. In the 1960s and 70s, Precision expanded globally, with several years operating in Mexico, Australia, Timor, New Guinea, and Sumatra before focusing on Western Canada. This era was one of fleet modernization and technological advancements, including the development of the Deep Freeze-Hole drilling technique.
After joining the Toronto Stock Exchange in 1988, Precision used its financial growth to engineer innovative new rig designs and expanded its services to include well servicing, completion, and more. In the 21st century, Precision committed to sustainable growth and game-changing technological advancements. By investing in safe, efficient rigs and a world-class team, we’re prepared to help usher in a new era of global energy production.
Precision’s Core Values
Designed to Lead and Grow
Precision is more than an onshore drilling company. We’re part of the communities where we live and work and our values are carefully crafted to ensure our people and the environment flourish.
TARGET ZERO
Our vision is zero injuries, zero environmental incidents, and zero motor vehicle accidents; accomplished with complete transparency. Anchored by our Key Beliefs and Life Saving Actions, we promote continuous improvement and foster a culture diligent about awareness and risk reduction, monitoring and preventing injuries or unplanned events, environmental incidents, corruption and policy infractions.
THE FIELD COMES FIRST
It all starts in the field. We succeed because, even under the toughest conditions, field employees get the job done. Our employees know, from our comprehensive competency and training programs, to the vast operational support services, a world-class Company is behind them.
THE BEST EQUIPMENT AND TECHNOLOGY
We believe in investing and maintaining top quality equipment and systems. Precision takes advantage of the latest innovations and technology to provide customers with the right equipment to increase efficiency and deliver lower total well costs.
FACE TO FACE
We believe that face-to-face communication among employees, customers and suppliers produces common sense solutions. Management engages throughout the organization to promote collaboration and encourage open dialogue.
RELATIONSHIPS
We seek to develop mutually beneficial relationships based on integrity, ethics and respect with our customers, employees,
investors, suppliers and the communities where we operate.
EMPOWERED TO AFFECT CHANGE
We empower employees to take initiative and contribute ideas to move the Company forward. This attitude fosters the appropriate balance between employees and leaders in the workplace and makes even better use of Precision’s most valuable asset, its employees.
DESIRE TO BE THE BEST
We desires to be the best in all that we do and wants employees to share that goal.
THE PRECISION FAMILY
We have “family-like” values which promote a sense of loyalty, integrity and long-term thinking. Our employees come first at Precision. With teamwork and safety so critical on the job, people look out and support each other every day.
Learn More About Precision
As one of the premiere onshore drilling companies in North America, we offer a wide range of High-Value services and innovative technologies to help make your next project safer and more efficient.
