RPC - An Oil & Gas Services Company Service Lines
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RPC's business segments are: Technical Services and Support Services.
Our operating business units include Cudd Pressure Control, Patterson Services, and ThruTubing Solutions.


Technical Services
  • Pressure Pumping - ~55% of total revenues. The largest and fastest-growing service line at RPC, this service line provides hydraulic fracturing and acid treatment services, which serve to increase production in existing land wells.  This service line is increasingly important in the growing percentage of service-intensive horizontal and directional wells.  On the Web at www.cuddpumping.com.
  • Coiled Tubing - ~11% of total revenues. Coiled Tubing units are long tubes of thin pipe (4 inches and less in diameter) coiled on a reel that can be lowered into a live well to perform maintenance services. Increasingly, Coiled Tubing is used for completion of directional and horizontal wells. On the Web at www.cudd.com
     
  • Thru Tubing Solutions - ~12% of total revenues.  Dedicated to the coiled tubing and snubbing industry, specializing in working downhole tools under pressure during various fishing and drilling operations. Includes a proprietary downhole motor design.  On the Web at  www.thrutubing.com. 
     
  • Snubbing - ~4% of total revenues. Snubbing units are run by experienced professionals to perform maintenance on the well without depressurizing, or "killing," the well. On the Web at www.cudd.com.
  • Nitrogen Units - ~4% of total revenues. Used in several different oilfield operations as a drilling fluid and in gravel packing operations, nitrogen is employed in the well for its inflammability. On the Web at www.cudd.com
  • Wireline - A production tool, staffed by experienced RPC employees, that is used to remove downhole obstructions and for various other purposes. On the Web at www.cudd.com
  • Well Control - Cudd Well Control is a Cudd service line that provides professional live well services including blowouts and firefighting. On the Web at www.cuddwellcontrol.com.

    Support Services
  • Patterson Rental Tools - ~6% of total revenues. Patterson Rental Tools offers a variety of rental equipment including drill pipe and blowout preventers. On the Web at www.pattersonservices.com
  • Patterson Tubular Services - Performs Tubular inspections, and stores and inventories a wide variety of pipe for customers. On the Web at www.pattersontubular.com.  
  • Well Control School - Less that 1% of total revenues. Provides industry and government-accredited training to industry personnel, including System 21 training solutions. System 21 is the only interactive CD-ROM-based blowout prevention program that has been approved by the Mineral Management Service (a division of the Department of the Interior) and awarded full accreditation from the International Association of Drilling Contractors WellCap Committee. It allows students to complete certification in Drilling, Well Completion/Workover, Well Servicing and Subsea. On the Web at www.wellcontrol.com.
  • Energy Personnel International - This team of engineers and consultants provides experienced project management personnel to field workover programs and optimization projects. On the Web at www.epiconsultants.com.
  • Disclaimer:
    Certain statements and information included within this Web site contain and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include our statements regarding our belief that sources of supply for various of our raw materials are adequate; our belief that the long-term prospects for our business are favorable due to the continued demand for oil and natural gas; our belief that the long-term demand outlook for natural gas is still favorable in spite of near-term price weakness; our belief that oil-directed drilling will continue to represent the majority of the total drilling rig count in the immediate future; our expectation to continue to focus on the development of international business opportunities in current and other international markets; our ability to obtain other customers in the event of a loss of our largest customers; the adequacy of our insurance coverage; the impact of lawsuits, legal proceedings and claims on our business and financial condition; our expectation to continue to pay cash dividends to the common stockholders subject to the earnings and financial condition of the Company and other relevant factors; our intention to increase our presence in areas in which drilling activity is directed towards oil; our belief that continued increases in U.S. domestic rig count during 2012 are unlikely; our belief that the trend of an increased percentage of oil-directed drilling and a decreased percentage of gas-directed drilling will continue in the near term; our belief that an increase in the supply in oilfield equipment in our markets can cause a decrease in the price we receive for our services if commodity prices and drilling activity do not also increase and that this effect may be more pronounced in the current environment; our expectation that our consolidated revenues and financial performance will improve in 2012 compared to 2011; our ability to maintain sufficient liquidity and a conservative capital structure; our belief about the amount of the contribution to the defined benefit pension plan in 2012; our ability to fund capital requirements in the future; the estimated amount of our capital expenditures and contractual obligations for future periods; estimates made with respect to our critical accounting policies; and the effect of new accounting standards. Additional discussion of factors that could cause the actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in RPC's Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2011.

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