![]() Parker Wellbore Parker Wellbore (also known as Parker Drilling) is a provider of contract drilling and drilling-related services as well as rental tools and services. | ![]() Forbes Energy Services Forbes Energy Services is an independent oilfield services contractor that provides a broad range of drilling and production related services to oil and natural gas companies. | ||||
Founding Date | Founding Date 1934 | Founding Date 2000 | Founding Date 2008 | Founding Date 1986 | Founding Date 1986 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Houston, US HQ St. John's, CA Bogota, CO Neiva, CO Villavicencio, CO Kakinada, IN Mumbai, IN see more | Locations Houston, US HQ Doha, QA Abu Dhabi, AE Aberdeen, GB | Locations Alice, US HQ Alice, US | Locations Chennai, IN HQ Kuala Belait, BN Chennai, IN Mumbai, IN Kuala Lumpur, MY Ciudad Del Carmen, MX Kolbotn, NO see more | |
Employees | Employees 2,67010% increase | Employees 1,417 | Employees 1,17840% increase | Employees 2,859 | Employees 31 |
Valuation ($) | Valuation ($) 297.9 m | Valuation ($) N/A | Valuation ($) 717 | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $629.8m (FY, 2019) | Revenue (est.) N/A | Revenue (est.) $188.4m (FY, 2019) | Revenue (est.) $292m (FY, 2025) | Revenue (est.) ₹4.8b (FY, 2025) |
Cost of goods | Cost of goods $475m (FY, 2019) | Cost of goods N/A | Cost of goods $159.6m (FY, 2019) | Cost of goods $194.1m (FY, 2025) | Cost of goods ₹448.7m (FY, 2025) |
Gross profit | Gross profit $154.7m (FY, 2019) | Gross profit N/A | Gross profit $28.8m (FY, 2019) | Gross profit $98.6m (FY, 2025) | Gross profit ₹6b (FY, 2025) |
Net income | Net income ($83.7m) (FY, 2019) | Net income N/A | Net income ($68.4m) (FY, 2019) | Net income $31.9m (FY, 2025) | Net income (₹8.9b) (FY, 2025) |

Forbes Energy Services is an independent oilfield services contractor that provides a broad range of drilling and production related services to oil and natural gas companies.
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