Parker Wellbore

Houston, United States Founded: 1934 • Age: 92 yrs Acquired By Nabors
Technology-enabled wellbore construction services are provided globally for energy sectors.

About Parker Wellbore

Parker Wellbore is an Energy & Utilities company based in Houston (United States) founded in 1934, and was acquired by Nabors in March 2025. Technology-enabled wellbore construction services are provided globally for energy sectors. Parker Wellbore has completed 1 acquisition, including Parker Wellbore. Its focus areas include Energy, Oil & Gas Upstream and Diversified.

Company details

Parker Wellbore was founded in 1934 and is headquartered in Houston, United States. Operations are conducted as a global provider in the hydrocarbon and energy transition industries. Wellbore construction technologies and services are delivered to support drilling and production activities. Partnerships with energy companies are formed to address performance optimization and risk reduction needs across international locations.

  • Headquarters Houston, United States
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Website parkerwellbore.com
  • Social LinkedIn
  • Acquired by Nabors (Mar 2025)
  • Legal Name Parker Wellbore
Key Metrics
  • Annual Revenue
    $156.28 M (USD)
    -67
    as on Dec 31, 2019
  • Net Profit
    -$2.12 M (USD)
    99
    as on Dec 31, 2019
  • EBITDA
    $66.96 M (USD)
    1243
    as on Dec 31, 2019
  • Investors
  • Investments & Acquisitions
  • Acquired by
    Nabors

    (Mar 2025)

Investors in Parker Wellbore

Parker Wellbore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nabors.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Cloud and app-based onshore and offshore drilling solutions are provided.
1952nabors.comBermuda
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Investor details for Parker Wellbore

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Parker Wellbore

1 people are tracked at Parker Wellbore (1 in team).

NameRoleGroup
Sergey Chetverikov
Tax ManagerTeam
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Complete people profiles for Parker Wellbore

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  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Parker Wellbore

Parker Wellbore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parker Wellbore.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Limited information is provided about Parker Wellbore's activities.
iostubular.noFloro, Norway1994Oct 2022β€’β€’β€’β€’
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Complete acquisition details for Parker Wellbore

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of Parker Wellbore

3 dated milestones of Parker Wellbore across 91 years, from founding to its latest funding, stage changes and deals.

  1. Founded Parker Wellbore is founded.
  2. Acquisition Acquires Parker Wellbore.
  3. Exit Acquired by Nabors.

Web traffic of Parker Wellbore

The website of Parker Wellbore (parkerwellbore.com) receives about 2.4K visits a month.

  • Monthly visits
    2.4K

    ▼ 62.7% vs previous month

Top companies in Oil & Gas Operations

3 companies that operate in the same segment as Parker Wellbore (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oilfield services and products are supplied worldwide by Schlumberger.
1926United StatesUSD 35.69 B110,000
bp is recognized as a global energy company.
1909United StatesUSD 185.5 B100,500
Energy production and transportation are conducted by Dominion Energy.
1983United StatesUSD 16.73 B14,700
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Frequently Asked Questions about Parker Wellbore

Parker Wellbore was founded in 1934.

Parker Wellbore is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Annual revenue of Parker Wellbore is $156.28M as on Dec 31, 2019.

Parker Wellbore was founded in 1934 and is headquartered in Houston, United States. Operations are conducted as a global provider in the hydrocarbon and energy transition industries. Wellbore construction technologies and services are delivered to support drilling and production activities. Partnerships with energy companies are formed to address performance optimization and risk reduction needs across international locations.

Parker Wellbore has made 1 acquisition, including Parker Wellbore.

Parker Wellbore has 1 investor. Key investors include Nabors.

Parker Wellbore operates through Parker Wellbore.

Yes. Parker Wellbore was acquired by Nabors in March 2025.

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