Parker - Ownership and Business Overview

Oil/gas ExplorationCompany

Parker Ownership

Who owns Parker?

Parker is owned by Nabors Industries. It was acquired on October 15, 2024.

Parker Business Overview

Where is Parker headquartered?

Parker is headquartered in Houston, Texas.

What sector is Parker in?

Parker is an oil/gas exploration company.

Oil/gas Exploration M&A Summary in 2024

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 38 in number of deals in 2024. The largest oil/gas exploration acquisition in 2024 was Equitrans Midstream - which was acquired by EQT for $35.0B.

Join Mergr to view all 34 acquisitions of oil/gas exploration companies in 2024, including 4 acquisitions by private equity firms, and 30 by strategics.

Parker

Parker Wellbore

2103 CityWest Blvd, Suite 400,
Houston, Texas 77042
United States,
(281) 406-2000
www.parkerwellbore.com

Parker provides drilling services across global energy markets. The company is a rental provider of high-performance downhole tubulars in the U.S. market. Internationally, it provides tubular rentals and repair services, with state-of-the-art facilities located in key geographies. Parker offers differentiated, casing and tubular running services in the U.S., the Middle East, Latin America, and Asia. Its portfolio also includes a fleet of 17 drilling rigs in the U.S. and international markets, as well as Operations & Maintenance services primarily in Canada and Alaska. Parker is based in Houston, Texas.


Company Summary

SECTOR

Oil/Gas Exploration

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