Parker Wellbore Overview
- Year Founded
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1934

- Status
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Acquired/Merged
- Employees
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2,002

- Latest Deal Type
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M&A
- Financing Rounds
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13
- Investments
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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(Operating Subsidiary)
Corporate Office
- 2103 CityWest Boulevard
- Suite 400
- Houston, TX 77042-2835
- United States
Corporate Office
- 2103 CityWest Boulevard
- Suite 400
- Houston, TX 77042-2835
- United States
Parker Wellbore Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Parker Wellbore Comparisons
Industry
Financing
Details
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 |
Parker Wellbore Signals
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 |
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
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When was Parker Wellbore founded?
Parker Wellbore was founded in 1934.
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Where is Parker Wellbore headquartered?
Parker Wellbore is headquartered in Houston, TX.
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What is the size of Parker Wellbore?
Parker Wellbore has 2,002 total employees.
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What industry is Parker Wellbore in?
Parker Wellbore’s primary industry is Other Energy Services.
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Is Parker Wellbore a private or public company?
Parker Wellbore is a Private company.
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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
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How much funding has Parker Wellbore raised over time?
Parker Wellbore has raised $1.28B.
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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.
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When was Parker Wellbore acquired?
Parker Wellbore was acquired on 12-Mar-2025.
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Who acquired Parker Wellbore?
Parker Wellbore was acquired by Nabors Industries.
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