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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
  • Cudd Pumping - ~48% of total revenues. The largest and most quickly growing operating entity at RPC, Cudd Pumping provides hydraulic fracturing and acid treatment services, which serve to increase production in existing land wells (stimulation services). 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 spindle that can be lowered into a live well to perform maintenance services. 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 - ~5% 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 - ~5% 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
  • Fluid Pumps - These pumps are used in a variety of oilfield operations. 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.
  • Production Rental Tools - Bronco provides production rental tools (hydraulic chokes, manifolds, valves, flow iron, and production testing) to the oilfield industry.

    Support Services
  • Patterson Rental Tools - ~8% 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 we will maintain a prudent capital structure; our concern about the price of natural gas; and the potential impact of near-term industry conditions on growth opportunities. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of RPC to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Such risks include changes in general global business and economic conditions; drilling activity and rig count; unanticipated demands on our liquidity or difficulties in collecting trade accounts receivable; turmoil in the financial markets and the potential difficulty to fund our capital needs; the potentially high cost of capital required to fund our capital needs; the possibility that the recent growth in unconventional exploration and production activities may cease or change in nature so as to reduce demand for our services; the near-term possibility of a decline in the price of oil and natural gas, which tend to result in a decrease in drilling activity and therefore a decline in the demand for our services; the actions of the OPEC cartel, the ultimate impact of current and potential political unrest and armed conflict in the oil-producing regions of the world, which could impact drilling activity; adverse weather conditions in oil or gas producing regions, including the Gulf of Mexico; competition in the oil and gas industry; an inability to implement price increases; and risks of international operations. 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, 2010.

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