Parker Drilling (NYSE: PKD) helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Our global team supports oil and gas operators with innovative land and offsh...
Parker Drilling (NYSE: PKD) helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Our global team supports oil and gas operators with innovative land and offshore drilling services; premium rental tools and well services; and advanced operations and management support. Founded in 1934, Parker Drilling helps customers manage their costs and mitigate their risks, to achieve their operational goals in a safe and efficient manner. With experience in both harsh-environment regions and complex drilling situations, you can trust Parker Drilling to get the job done.\\Parker Drilling's drilling services team help customers optimize their operation with a diverse fleet of land and offshore barge rigs and by operating customer-owned rigs. The team consistently delivers safe, efficient, cost-effective operations, which are guided by Parker Drilling's API Q2 compliant Integrated Management System and Operational Discipline best practices developed from experience spanning more than 80 years. These practices have allowed Parker Drilling to become a trusted partner to energy producers, with the expertise and flexibility to help overcome the most rigorous drilling challenges.\\Parker Drilling's rental services team has provided premium rental tools and well services to the energy industry since 1978. The global team supports customer operations – wherever they are – through an extensive portfolio of high-performance products, specialty services and equipment rental. With a results-driven focus, supported by the highest standards in quality, safety, and environmental stewardship, Parker Drilling's rental services team are in place to provide: tubular running services; fishing and reentry; machine shop services; and downhole, tubular and pressure control equipment rental.
Parker Drilling Company (Parker) is a provider of contract drilling and drilling-related services. The Company operates in six segments: Rental Tools, U.S. Barge Drilling, U.S. Drilling, International Drilling, Technical Services and Construction Contract. During year ended December 31, 2012, the Company operated in 12 countries. The Company has operated in over 50 foreign countries and the United States. The Company’s international drilling business includes operations related to Parker-owned and operated rigs, as well as customer-owned rigs. The Company’s U.S. Drilling segment primarily consists of two new-design Arctic Alaska Drilling Unit (AADU) land rigs. The Company’s construction contract segment includes only the BP-owned Liberty extended-reach drilling rig construction project. In April 2013, the Company announced the acquisition of International Tubular Services Limited and certain affiliates (ITS), subsidiaries of ITS Tubular Services (Holdings) Limited.