Tesco Corporation, is a technology-based company. The Company designs, manufactures, and services delivery of technology-based solutions for the upstream energy industry. The Company provides solutions which assists in reducing the costs of drilling for, and producing, oil and natural gas. The Company’s product and service offerings consist of equipment sales and services to drilling contractors and oil and natural gas operating companies throughout the world. The Company operates in three business segments: Top Drives, Tubular Services, and Research and Engineering. Top Drives, includes top drive sales, top drive rentals and after-market sales and services. Tubular Services, provides automated and conventional tubular services. Research and Engineering, internal research and development activities related to automated tubular services and top drive model development.