Natural Resources >> CEO Interviews >> August 2, 2002
CLOYCE A. TALBOTT, Chief Executive Officer of Patterson-UTI Energy,
Inc., co-founded Patterson with Glenn Patterson. He has served as
Director of the company since its incorporation in 1978. Mr. Talbott
served as Vice President from 1978 to 1983, and served as Chairman of
the Board from 1983 until May 2001. He has served as Chief Executive
Officer since 1983. He also serves as Chief Executive Officer of each of
the company's subsidiaries. Prior to joining Patterson, Mr. Talbott was
a Petroleum Engineer with Standard Oil Company of Texas. He co-founded
Snyder Well Servicing, Inc., merged Snyder Well Servicing, Inc., into
Texas International Co., and became Vice President and Director of Texas
International Co. Mr. Talbott managed the TEI Well Service Division
which grew to 150 rigs and was sold to NL Industries in 1978. He has a
Bachelor of Science degree in Petroleum Engineering from Texas Tech
University, Lubbock, Texas. Profile
over the past year or so that investors should focus on?
Mr. Talbott: The past year, we have merged Patterson and UTI
