{"schema_version":"secwatch.filing_event.v1","accession":"0000889900-24-000010","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2024-09-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.192401+00:00","generated_at":"2026-05-31T01:02:01.182273+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Patterson-UTI to take 15% stake in ADNOC Drilling JV for 144-well unconventional project","bullets":["Patterson-UTI subsidiary signs JV agreement; will hold 15% minority equity in Turnwell, formed by ADNOC Drilling.","Turnwell awarded contract to drill and complete 144 unconventional wells for Abu Dhabi National Oil Company (ADNOC).","ADNOC Drilling holds 55% majority, SLB 30%; Patterson-UTI provides drilling expertise and limited cash for working capital.","CEO Andy Hendricks says JV offers capital-efficient expansion into Middle East unconventional market."],"urls":{"canonical":"https://secwatch.observer/filing/0000889900-24-000010","json":"https://secwatch.observer/filing/0000889900-24-000010.json","markdown":"https://secwatch.observer/filing/0000889900-24-000010.md","text":"https://secwatch.observer/filing/0000889900-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000088990024000010/0000889900-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000088990024000010/pten-20240930.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:02:01.182273+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}