Parker Drilling Company
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| Type | Public |
|---|---|
| Founded | 1934 |
| Headquarters | 1401 Enclave Pkwy. # 600 Houston TX 77077-2054 |
| Key people | Robert L. Parker, Jr. (CEO) |
| Industry | Petroleum |
| Products | Rigs |
| Employees | 3,040 (as of May 18, 2006) [1] |
| Website | www.parkerdrilling.com |
Parker Drilling (abbreviated PKD; NYSE: PKD) is an American offshore oil rig owner, which provides drilling services on land and offshore including drilling rigs, project management and rental tools to the energy industry.
Parker Drilling Company is a Houston-based global energy company specializing in offshore drilling and workover services in the Gulf of Mexico and international land and offshore drilling. The company also operates Quail Tools, a provider of premium rental tools for oil and gas drilling.
Company History: Parker Drilling Company is a leading provider of contract drilling and drilling-related services—including land, transition zone, and offshore drilling— major oil companies, independent oil and gas producers, and government-run oil companies. It has operated in 49 countries, primarily in the transition zones of the Gulf of Mexico, Nigeria, Venezuela, the Caspian Sea of Kazakhstan, and the offshore waters of the Gulf of Mexico, and in numerous on-land oil and gas producing regions throughout the world. Parker maintains a fleet of 75 international land rigs, 15 U.S. deep gas land rigs, 34 barge rigs, seven platform rigs, seven offshore jackup rigs, and specialized rental tools that it leases to other drilling companies. Parker Drilling Company has become the dominant operator in the heli-rig market, operating 80 percent of all rigs transportable by helicopter to otherwise inaccessible desert, jungle, and mountain locations. It is also a specialist in deep well, arctic, and geothermal drilling.
[edit] References
Parker Drilling Company provides drilling services on land and offshore including drilling rigs, project management and rental tools to the energy industry. Parker’s has worked in every region of the world.
Parker's land fleet of 28 rigs operates in 9 countries. The company’s offshore fleet of 17 rigs consists of barge rigs in the Caspian Sea, Mexico and the U.S. Gulf of Mexico.
Through project management, Parker operates rigs owned by third parties and provides additional services such as engineering, logistics, health, safety, and environmental programs, human resources, quality programs, preventive maintenance and alliance management.
Parker subsidiary Quail Tools is a leading provider of specialized rental equipment for drilling and workover operations, with six U.S. locations on the Gulf coast, in Texas and the Rocky Mountains.
