Parker Wellbore Overview

  • Year Founded
  • 1934

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,002

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 13

  • Investments
  • 4

Parker Wellbore General Information

Description

Parker Drilling Co is a provider of contract drilling and drilling-related services as well as rental tools and services. It reports its Drilling Services business into two segments namely U.S. (Lower 48) Drilling and International & Alaska Drilling. For Rental Tools Services business reports two segments namely U.S. Rental Tools and International Rental Tools. In the Drilling Services business, the company drill oil, natural gas, and geothermal wells. In Rental business, it provides rental equipment and services to exploration & production companies, drilling contractors and service companies on land and offshore in the United States.

Contact Information

Website
www.parkerwellbore.com
Formerly Known As
Parker Drilling Company
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 2103 CityWest Boulevard
  • Suite 400
  • Houston, TX 77042-2835
  • United States
+1 (281)
Primary Industry
Other Energy Services
Other Industries
Energy Infrastructure
Parent Company
Nabors Industries
Vertical(s)
Oil & Gas
Former Stock Listing
PKDC
Corporate Office
  • 2103 CityWest Boulevard
  • Suite 400
  • Houston, TX 77042-2835
  • United States
+1 (281)

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Parker Wellbore Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Parker Wellbore Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Parker Drilling Co is a provider of contract drilling and drilling-related services as well as rental tools and services
Other Energy Services
Houston, TX
2,002 As of 2025

Atlanta, GA
 

Midland, TX
 
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Parker Wellbore Competitors (21)

One of Parker Wellbore’s 21 competitors is RPC, a Corporation company based in Atlanta, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
RPC Corporation Atlanta, GA
ProPetro Holding Formerly PE-Backed Midland, TX
Valaris Corporation Houston, TX
Subsea 7 Corporation Luxembourg, Luxembourg
KLX Energy Services Corporation Houston, TX
You’re viewing 5 of 21 competitors. Get the full list »

Parker Wellbore Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Parker Wellbore Acquisitions (4)

Parker Wellbore’s most recent deal was a Merger/Acquisition with I.O.S Tubular Management. The deal was made on 24-Oct-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
I.O.S Tubular Management 24-Oct-2022 Merger/Acquisition Energy Storage
Helmerich & Payne (Tubular Running Services Division) 16-Nov-2021 Merger/Acquisition Other Commercial Services
2M-Tek 17-Apr-2015 Merger/Acquisition Other Commercial Products
International Tubular Services 22-Apr-2013 Merger/Acquisition Other Energy
To view Parker Wellbore’s complete acquisitions history, request access »

Parker Wellbore Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Its Rental and Sales Houston, TX 2004
Parking Drilling Company International Tulsa, OK 1934

Parker Wellbore FAQs

  • When was Parker Wellbore founded?

    Parker Wellbore was founded in 1934.

  • Where is Parker Wellbore headquartered?

    Parker Wellbore is headquartered in Houston, TX.

  • What is the size of Parker Wellbore?

    Parker Wellbore has 2,002 total employees.

  • What industry is Parker Wellbore in?

    Parker Wellbore’s primary industry is Other Energy Services.

  • Is Parker Wellbore a private or public company?

    Parker Wellbore is a Private company.

  • What is the current valuation of Parker Wellbore?

    The current valuation of Parker Wellbore is .

  • What is Parker Wellbore’s current revenue?

    The current revenue for Parker Wellbore is .

  • How much funding has Parker Wellbore raised over time?

    Parker Wellbore has raised $1.28B.

  • Who are Parker Wellbore’s competitors?

    RPC, ProPetro Holding, Valaris, Subsea 7, and KLX Energy Services are some of the 21 competitors of Parker Wellbore.

  • When was Parker Wellbore acquired?

    Parker Wellbore was acquired on 12-Mar-2025.

  • Who acquired Parker Wellbore?

    Parker Wellbore was acquired by Nabors Industries.

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