Latshaw Drilling

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History plays a vital role in many company foundations, and few remember those “heady days” of 1981, when domestic rig counts hit over 4,500 operational units. It was in this environment that Trent Latshaw built his first two new SCR powered rigs which went immediately to work. Like many, the ensuing depressed energy price years that extended through 2000, provided a great test of who could be creative enough to survive. Those years were spent in acquisition and sales of the myriad of drilling equipment that became available through liquidations. It was not until 2003, when the industry had finally worked through the surplus of equipment, that Latshaw Drilling resumed its drilling operations. Trent set in motion his passion for the outdoors, in wildlife management and set course for Alaska in 1971. This was just a few years past the prolific discovery well at Prudhoe Bay. The pickings were slim for real work in his cherished outdoor environments and so he, like many young men, chose the intriguing life which exploration could bring. By age 20 Trent was roughnecking summers offshore in the Cook Inlet and, after completing his Petroleum Engineering Degree at Texas A&M, he joined Parker Drilling Company, working his way through the rig levels required to become an assistant driller. Later work for ARCO Alaska as a drilling engineer and drilling foreman lead Trent to his life’s goal of building his own drilling company.

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2.9

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Energy & Utilities

ESG/Ethical Impact

Latshaw Drilling has consistently shown its dedication to environmental responsibility by investing in cutting-edge technologies and practices to reduce its carbon footprint, leading to a substantial decrease in emissions during drilling operations. The company prioritizes resource conservation by implementing efficient water and energy usage practices, contributing to the preservation of valuable resources and reducing its environmental impact. Latshaw Drilling has made remarkable strides in emission reduction through the adoption of cleaner drilling technologies and the promotion of emissions reduction practices, aligning with global efforts to combat climate change. The company places a strong emphasis on safety excellence, ensuring the well-being of its workforce through rigorous safety protocols and risk management strategies, thereby minimizing operational hazards. Latshaw Drilling actively promotes workforce development through comprehensive training programs, fostering a skilled and diverse workforce while enhancing job satisfaction.

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Awards Received

2023

Revenues

$450,000,000.00

Website Traffic

Employee Rating

3.9

Customer Rating

4.3

Company Size

1000-5000

ESG Risk Rating

3

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