watch
Parker Drilling Co.

Parker Drilling Co.

Sector: Drilling Oil And Gas Wells Region: TX, United States


: | New York Stock Exchange: PKD


Similar to: Akita Drilling Ltd., Basic Energy Services, Inc., Lansdowne Oil & Gas Plc

Parker Drilling Co. provides high-performance contract drilling solutions, rental tools and project management services to the energy industry. It currently comprised of five operating segments: Rental Tools, U.S. Barge Drilling, U.S. Drilling, International Drilling, and Technical Services. The Rental tools business provides premium rental tools for land and offshore oil and natural gas drilling and workover and production applications. It provides drill pipe, heavy-weight drill pipe, tubing, high-torque connections, BOPs, drill collars, casing running systems, tools for fishing services and more. The U.S. barge drilling business operates barge rigs that drill for oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. The U.S. Drilling segment consists of two new-design Arctic Alaska Drilling Unit land rigs intended to address the challenges presented by the remote location, harsh climate and sensitive environment that characterize the Alaskan North Slope. The international drilling business includes operations related to Parker-owned and customer-owned rigs. The Technical services business includes engineering and related project services during Front End Engineering Design (FEED), pre-FEED and concept development phases of customer-owned drilling facility projects. Parker Drilling was founded by Gifford C. Parker in 1934 and is headquartered in Houston, TX.

News & Analysis

You may also be interested in: