NorAm Drilling

About NorAm Drilling

NorAm Drilling is a leading independent operator of onshore rigs in the Permian basin creating value for our customers and stakeholders through safe, efficient and reliable drilling operations

NorAm Drilling understands the core values that make up an effective safety culture and we take that knowledge and use it to the best of our abilities to have a positive effect on our team members and operations
NorAm Drilling has significantly reduced our incident rate and experienced modification rating every year through our employee’s teamwork and commitment to health, safety and the environment

Leading operator of state of the art Super Spec rigs in Permian

NorAm Drilling owns and operates a high quality rig portfolio of eleven “Super Spec” advanced high-end AC driven rigs tailored for the drilling of horizontal wells in the US land drilling market.
These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. NorAm currently focuses solely on the US land drilling market and has established a solid foothold in the lower US, with significant operating experience in Louisiana, New Mexico, Oklahoma and Texas. All eleven rigs are currently operating in Texas in the Permian Basin.

The foundation of NorAm has been laid over the years, building strong inhouse drilling competences and safety records, a flat organization with focus on training and motivation of the drilling crews, effective corporate routines and strong client relationships. NorAm has an ongoing dialogue with its existing customers as well as potential new customers about rig performance and contracts. NorAm emphasizes the importance of modern, efficient rigs and trained personnel as a powerful combination for reaching the company’s drilling, safety and utilization targets and winning new contracts with quality clients.

Safety Culture

“Safety Culture” as a phrase is commonly used, but not often completely understood. NorAm Drilling understands the core values that make up an effective safety culture and we take that knowledge and use it to the best of our abilities to have a positive effect on our team members.

NorAm Drilling’s Operations and HS&E Departments understand the importance of a proactive safety culture that extends past simple checklists of compliance. We believe that along with procedural checklist we must empower our employees to stop any task that is not fully understood, ask questions, and form a strong understanding of situational awareness to lower the risk of workplace hazards. We show our team members that we value their concerns and input, because we value their safety.

HS&E

Since the inception of NorAm Drilling in 2007, health, safety and environment (HS&E) has been a top priority and focus.
NorAm Drilling believes that integrating health, safety and environmental awareness as a core structure in our company’s DNA will help aid a strong safety culture to benefit the wellbeing of every team member, our customers and third parties

Since 2011 NorAm Drilling has significantly reduced our incident rate and experienced modification rating every year through our employee’s teamwork and commitment to health, safety and the environment. To help make team members health and safety a high priority the safety department encourages accident prevention through several programs and procedures. Our qualified safety trainers conduct in-house training that not only covers and exceeds government requirements, but also covers our expectations of what NorAm requires for them to be an effective team member to help aid our safety culture.

 
 
Transparency in Coverage Rule

 

This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.

 

Transparency Report and Code of Conduct

NorAm Drilling AS conducts an annual due diligence review pursuant to the Norwegian Transparency Act and publish a report on these assesments.

The purpose is to promote respect at enterprises for the fundamental human rights and decent work conditions. The report covers the Group’s duty to account for due diligence processes conducted from 1 July 2022 to the present date.

In it, the Group also accounts for the measures which have been assessed and implemented to reduce the risk of negative consequences which its activities could have for basic human rights and decent work conditions.

Inquiries about this report can be addressed to Marius Furuly, Director of Strategy and Investor Relations at marius.furuly@noramdrilling.com.

NorAm Drilling – 2023 Transparency Act Report

Corporate Governance Guidelines

Code of Business Conduct and Ethics

Supplier Code of Conduct

Whistleblower Policy