Well engineered. The Confidential Information may contain material statements, information, projections, and/or other data not publicly available. Our drilling services business serves operators with both Company-owned and customer-owned rig fleets in select U.S. and international markets, specializing in remote and harsh environment regions. Quail Tools was established in 1978 in the U.S. om ons te informeren over dit probleem. Utilizing eDrilling technologies for safer, cheaper, and more efficient wells, BP commits to renewed focus on upstream oil and gas over next decade, IADC Advanced Rig Technology Committee finalizing top drive survey, Barton Sponchia promoted to vice president at TAM International, Digitalization enables improved well planning processes at Aker BP, Weatherford system enables automated connection integrity for rigs, Spring-energized seals designed for high-pressure, high-temperature environments, BP introduces strategy to transition into an international energy company, Innovation, collaboration critical to speeding up adoption of digital systems, IADC Drilling Rig Safety Inspection Checklist, IADC Drilling Control System Alarm Management Guidelines, IADC Guidelines for Assessing and Managing Cybersecurity Risks to Drilling Assets, IADC Guidelines for Baseline Cybersecurity for Drilling Assets, IADC HSE Case Guidelines for Land Drilling Units, IADC HSE Case Guidelines for Mobile Offshore Drilling Units. Parker Wellbore helps energy companies accomplish their drilling and production goals efficiently. Wir entschuldigen uns fr die Umstnde. This Strategic Partnership includes the onboarding of H&P's key TRS personnel to Parker Wellbore. Suite 400 Houston, TX 77042 T: +1 281-406-2000 Investor Relations T: +1 281-406-2000 IR@parkerwellbore.com Transfer Agent Equiniti Trust Company EQ Shareowner Services P. O. Parker Wellbore's commitment to safety and plans to invest in proprietary technology in this space made them the ideal partner. Learn from the engineering experts at Parker as they share their knowledge on design tips, FAQs, case studies, and trends in the industry. This Agreement shall be governed by, and construed in accordance with, the internal laws of the State of Texas applicable to contracts made and to be performed in such state, without giving effect to the conflicts of law principles thereof. Explore Parker's online product configurator tools to find the exact solution to your specific needs. Find resources for selecting and using Parker products, including literature and demos. Expert Career Advice. If information subject to a claim of attorney-client privilege, work product doctrine, or any other ground on which production of such information should not be made is nevertheless inadvertently produced by the Company or the Companys Representatives to the Recipient or the Recipients Representatives, such production shall in no way prejudice or otherwise constitute a waiver of, or estoppel as to, any claim of privilege, work product, or other ground for withholding production to which the Company would otherwise be entitled. The energy transition is here, Mr Esslemont said. It includes smart and autonomous systems partnered with data and machine learning. Website: www.parkerwellbore.com Headquarters: Houston, TX Size: 1001 to 5000 Employees Founded: 1934 Type: Company - Public (PKD) Industry: Energy & Utilities Revenue: Unknown / Non-Applicable Competitors: Northern Offshore, Cosmic Petro Services, Tecnoconsult Engineering Construction Create Comparison Both companies have a commitment to work collaboratively to ensure business continuity for H&P's existing TRS customers. Parker Drilling, subsidiaries launch integrated company as Parker Wellbore Sep 28, 2021 0 2,774 1 minute read Parker Wellbore - an integrated company comprised of Parker Drilling and its subsidiaries Quail Tools and iTS Energy Services - was launched on 28 September. Necessary cookies are absolutely essential for the website to function properly. Aydanos a proteger Glassdoor verificando que eres una persona real. Suite 400 Houston, TX 77042 Parker Wellbore helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Parker Drilling was founded in 1934 and helps energy companies. iTS Energy Services was established in Aberdeen in 1986 as a provider of premium rental tools and well construction services to the international energy industry. Your email address will not be published. With the purchase of all of H&P's TRS assets, this agreement allows Parker Wellbore to be the sole preferred provider of tubular running services on H&P U.S. land-based rigs. Whether youre an experienced professional or just launching your career, Parker Wellbore can help you grow your career goals through our International Association of Drilling Contractors (IADC) Accredited Competency Assurance Program, including world-class classroom and on-the-job training in operations around the globe. Access our data directly within Excel to create and update financial models quickly. Cultural alignment, along with a strong commitment to safety, their customers, the industry and ESG, make this an excellent fit. Parker Wellbore's commitment to safety and plans to invest in proprietary technology in this space made them the ideal partner. H&P also develops and implements advanced automation, directional drilling and survey management technologies. Whether it be a product configurator, competitive crossover, or CRN declaration, find what you need on PCD's eTools page! H&P also develops and implements advanced automation, directional drilling and survey management technologies. Their extended supply, manufacturing, and repair services ensure a prompt response and the skills to get the job done. enviando un correo electrnico a Please join us at one of our various training's across Canada and learn how you . Parker Wellbore provides advanced wellbore construction solutions for transitioning energy markets. Box 64859 St. Paul, MN 55164-0859 T: +1 800-468-9716 As a condition to the Recipient receiving any Confidential Information, the Recipient agrees to treat as confidential any Confidential Information that is furnished by or on behalf of the Company (including, without limitation, by any advisors, agents, attorneys, accountants, managers, or affiliates) to the Recipient and/or its officers, employees, attorneys, advisors, agents, or representatives (collectively, the . We use cookies on our website to give you the best experience. Parker Wellbore will now be able to conduct tubular and casing running operations in most of the key U.S. land basins across the country. 2 were here. Contact. Our commitment to ESG extends to assisting our customers through a combination of cost-effective solutions and operational excellence, including: Safety and environmental responsibility are an integral part of our culture, and these values drive improved quality in every aspect of our operations. More information can be found on our website at www.parkerwellbore.com. When you need rental equipment for your well, call Quail! Parker Wellbore, through integrated proactive participation, sees this as an opportunity for growth. If the Recipient is a potential purchaser of one or more of the Economic Interests, the Recipient hereby acknowledges that neither the Company nor any agent on the Companys behalf has solicited or is soliciting any offers to sell or has offered to sell or is offering to sell any of the Economic Interests to the Recipient. Any projections or forward-looking statements included in the Confidential Information will be based on assumptions and estimates developed by the Company in good faith and the Company believes such assumptions and estimates to be reasonable as of the date thereof. Lamentamos pelo inconveniente. Company Parker Wellbore 2103 CityWest Blvd. Parker Wellbore currently operates in more than 20 countries with an established global platform well-suited for clients requiring global collaboration and local expertise. Parker Drilling ("Parker Wellbore") provides complete wellbore services from drilling, to rental tools to well construction services. Parker Wellbore is ready to help solve the subsurface energy challenges of today and tomorrow, wherever and whatever they may be., Your email address will not be published. Our previous TRS employees have joined Parker Wellbore and will continue to provide outstanding services to our customers.". See insights on Parker Wellbore including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. We also provide well construction services, which includes tubular running services and downhole tool rentals, well intervention services, which includes whipstocks, fishing, and related services, as well as inspection and machine shop support. Aggregating the assets with Parker's growing U.S. tubular and casing running operations will position Parker Wellbore as a strong competitor in the U.S. land market and one that is uniquely positioned to provide integrated TRS to H&P and its customers.". Parker Wellbore will also be targeting plugging and abandonment work in the region, which is another "huge market" for the firm. Parker Drilling was founded in 1934 and helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Our rental tools services business supplies premium equipment and well services to operators on land and offshore in the U.S. and international markets. For more information, visit www.helmerichpayne.com. naar No course of dealing between the Parties shall be deemed to modify or amend any provision of this Agreement and no delay by the Company or the Recipient in the exercise (or partial exercise) of any of its rights and remedies shall operate as a waiver thereof. Parker Canada is proud to offer a wide range of Product Training courses to our Distributor Partners and OEM Customers. If you continue to see this Brad Fishman, Managing Partner, Manhattan Venture Partners, Laura Demino, Corporate Development, Ferring Pharmaceuticals, Mark Suster, General Partner, Upfront ventures, Juan Capurro Boltendahl, Corporate Finance Professional, Boltendahl International Partners. The Recipient hereby agrees that the Confidential Information shall be used solely in connection with the Permitted Purpose, shall be kept confidential by the Recipient, and shall not be disclosed to or discussed with any third party, except as otherwise provided herein. Parker Drilling provides drilling services and rental tools to the energy industry. This provides the foundation for Parker Wellbore to be an onshore market leader in tubular running services in the U.S. Additionally, this partnership provides instant scale for the growth of Parker Wellbore's TRS business. New technology, expanded markets and new energy sectors supported by an experienced and diverse workforce and long history of Energy, well engineered. Let us know how we can help to engineer your success. The Recipient represents and warrants that the Recipient and each of the Recipients Representatives will not use the Confidential Information for any purpose other than the Permitted Purpose, including for any competitive or business dealings with the Company. The company, with a multi-million dollar technology development budget, has a core technology and engineering services group focused on automation and the advancement of digital real-time operational data surveillance and analysis to reduce HSE risks and optimize operational and environmental performance. We Recommend you do not respond to any unsolicited business proposition or disclose any personal or financial details to anyone you do not know. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Parker Wellbore, which currently operates in more than 20 countries, anticipates creating 500-700 new jobs. enva un correo electrnico a Parker Wellbore Company: Houston, TX: $64K-$89K: Senior Tax Manager: Parker Wellbore Company: Houston, TX: $98K-$133K: Senior Engineer - Electrical / Software: Parker Wellbore Company: Houston, TX: $75K-$109K: Updated February 20, 2023. Win whats next. The Company may at any time cease to provide Recipient with Confidential Information but Recipient shall remain bound by the terms of this Agreement with respect to any Confidential Information received by it prior to termination of this Agreement. In order to legally install and operate a wide variety of pressure retaining systems in Canada, a CRN may be required on the parts being used. If you provide an email address through a contact/registration form, we or our sponsors may use that email address for email marketing and other communications until unsubscribed. Over the years, we have worked hard to perfect our training process and are eager to share our expertise with the rest of Canada. It employs 501-1,000 people and has $100M-$250M of revenue. This Confidential Disclosure Agreement (this Agreement) is entered into as of the date of acceptance by and between: (a) Parker Drilling Company (collectively with its subsidiaries, the Company); and (b) either a beneficial owner of (or investment manager or adviser to one or more beneficial owners of) debt, warrants,and/or outstanding equity interests in the Company (collectively, the Economic Interests), or a potential purchaser of one or more of the Economic Interests (as the case may be, the Recipient, and together with the Company, the Parties), which Recipient has acknowledged and has agreed to be bound by the terms of this Agreement by way of accessing the confidential portion of the Companys investor relations website. "Parker Drilling internationally, Quail Tools in the U.S., and iTS in Europe and the Middle Easthave been recognized for many years as leading brands in their respective fields among their customers from drilling rigs and intervention services to downhole tool and equipment rental," said Parker Wellbore CEO Sandy Esslemont. Parker Wellbore is ready to help solve the subsurface energy challenges of today and tomorrow, wherever and whatever they may be. Please enable Cookies and reload the page. Parker Wellbore is your wellbore construction partner of choice to minimize risk & optimize performance. The alignment of the three companies under Parker Wellbores new fully integrated global structure empowers the delivery of a comprehensive range of its global technology-enabled products and services, according to the company. Parker Drilling acquired U.S.-based Quail Tools in 1996 and iTS Energy Services in 2013. 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