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CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY1
A History of Innovation & Ingenuity
Gary Rich, Chairman, President & CEONOMADS Dinner August 2014
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY2
Business Focus
Parker Drilling is a global provider of drilling, drilling related services, and rental tools to the U.S. and international energy markets, safely delivering innovative, reliable and efficient performance and sustainable results that help our customers reduce their operating risk and costs.
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY3
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY4
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY5
1934: Founded in Oklahoma
Gifford C. Parker
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY6
1935: Parker pioneers use of diesel-electric rigs
PDC rig hands
CONFIDENTIAL: FOR PARKER DRILLING INTERNAL USE ONLY7
1957: Company enters Middle Eastern market
King Hussein visits Parker rig
site, Jordan
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1967: Parker pioneers helicopter-transportable rig technology
TBA test-run, Odessa yard - 1971
TBA rig-up, Ecuador - 1970
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TBA technology makes this possible
PDC Rig 226HH, Papua New Guinea - 2005
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1968: Parker rigs drills for U.S. Atomic Energy Commission on Amchitka Island, Alaska
Drill bit used to drill 90-inch diameter holes for Atomic
Energy Commission
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1978: Parker drills first offshore test well in the Rockies
PDC Rig 148, Great Salt Lake
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1984: CIDS (Concrete Island Drilling System)
PDC Rig 217Alaska
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1991: Expanding our footprint: First Western drilling contractor to work in the Soviet Union
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2012: Rig 272 goes to work on Alaska’s North Slope
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2013 – Parker’s Yastreb crew helps customer set yet another extended reach drilling (ERD) world record!
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