Permian Strategic Partnership announces 20th member

Jan. 10—MIDLAND — The Permian Strategic Partnership announced on Tuesday that Helmerich and Payne, a leading drilling and solutions provider, will join the organization in 2023 as its 20th member.

With this addition, H&P joins an impressive roster of top-tier companies committed to responsibly developing resources in the Permian Basin while improving residents' quality of life in West Texas and Southeastern New Mexico.

"John Lindsay and the team at H&P bring extraordinary talent and passion for the Permian Basin to our organization," Tracee Bentley, President and CEO of the PSP, said in a news release. "They are joining he PSP at a time when we have seen transformational initiatives after four years of dedicated service to our community, and we still have so much to work on together. We look forward to continuing our momentum in 2023 and making lasting impacts across the Permian Basin."

Since its founding in 2019, the PSP has achieved incredible results in its mission to improve the lives of the citizens in the Permian Basin. This groundbreaking coalition has committed $125 million in member company contributions to leverage an impressive $975 million in collective investments, which have had transformational impacts on education, healthcare, road safety, workforce development and housing in the region.

"We are excited to partner with PSP and the coalition of Permian Basin energy companies who are working to make a difference in West Texas and Southeastern New Mexico," John Lindsay, president and CEO of H&P, said in the release. "H&P deeply values our ability to be involved in philanthropic efforts throughout the communities where we live, work and play and this partnership demonstrates just that."

Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry-leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders.

Through its subsidiaries, the company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies.

The Permian Strategic Partnership (PSP) is a coalition of 20 leading Permian Basin energy companies who joined together to work in partnership with leaders across the region's communities to address current and future challenges to the responsible development of the vast oil and natural gas resources of the Permian Basin in the states of New Mexico and Texas.

PSP member companies are: Apache, BPX Energy, Chevron, ConocoPhillips, Coterra Energy, Devon, Diamondback, Endeavor, EOG Resources, ExxonMobil, Halliburton, H&P, Kinetik, Occidental, Ovintiv, Permian Resources, Pioneer Natural Resources, Plains All American, Schlumberger, and WaterBridge Resources.

For more information, visit www.permianpartnership.org.

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