RPC, Inc. is a leading provider of specialized oilfield services and equipment to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties. The company operates through two primary business segments: Technical Services and Support Services. The Technical Services segment, which accounts for the vast majority of the company's revenue (typically over 90%), offers pressure pumping, fracturing, downhole tools, wireline, coiled tubing, cementing, snubbing, and nitrogen services. These services are critical for well stimulation, completion, and intervention tasks. The Support Services segment provides rental tools for onshore and offshore operations, oilfield pipe inspection, pipe management, and well control training.
Geographically, RPC operates primarily in the United States, with a strong presence in major domestic drilling regions such as the Permian Basin, Gulf of Mexico, mid-continent, southwest, Appalachian, and Rocky Mountain areas, alongside selected international markets. The company generates revenue by charging customers for the specialized services performed by its crews and the equipment it rents or supplies. RPC's competitive position is bolstered by its strategic acquisitions, such as the integration of Pintail Completions, which significantly enhanced its wireline capabilities and deepened its footprint in the highly active Permian Basin. By maintaining a network of service centers and equipment yards in major drilling regions, RPC ensures responsive field support and efficient mobilization of personnel and assets.
