A History of Innovation & Ingenuity · Parker Drilling is a global provider of drilling, drilling related services, and rental tools to the U.S. and international energy markets,

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A History of Innovation & Ingenuity

Gary Rich, Chairman, President & CEONOMADS Dinner August 2014

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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.

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1934: Founded in Oklahoma

Gifford C. Parker

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1935: Parker pioneers use of diesel-electric rigs

PDC rig hands

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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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