MAY DRILLING PARTNERSHIP 1983-1

MAY DRILLING PARTNERSHIP 1983-1

MAY DRILLING PARTNERSHIP 1983-1 anchors its business in SIC 1381 drilling oil and gas wells, providing contract drilling, casing services, and directional drilling expertise to independent and major upstream operators seeking to tap conventional and unconventional reservoirs; its operations combine mobile rigs, engineering oversight, and safety compliance to keep target customers focused on efficient well spends while the partnership manages day-to-day rig performance. As a drilling specialist, it must navigate the capital-intensive cycle of rig deployment, fluctuating dayrates, and the availability of consumables, while material risks include regulatory scrutiny under environmental laws, the need to secure skilled crews, and the impact of commodity price swings on activity levels. Governance is also shaped by reporting requirements, exemplified by the latest Form 10-Q filed in May 1999, which underscores its continuing obligation to disclose financial condition and operational progress to investors. CIK 711308 connects interested parties to the full record, so view live SEC filings on Earnings Feed.