RPC’s pressure pumping business made significant investments in sand storage solutions and other equipment to comply with the Federal silica dust requirements for hydraulic fracturing which came into effect in 2018. We continue to monitor our compliance with these existing regulations and prepare for an evolving regulatory environment.

RPC operates a division whose sole business is to recycle water from oilfield completion sites. This business reduces the requirements for the use of fresh water or water sourced from an aquifer in the U.S. domestic oilfield. During 2022, we recycled almost 21 million barrels of flowback and produced water that was subsequently used in hydraulic fracturing operations. In addition, in 2022 we treated 36 million barrels of water to reduce contaminants and render it suitable to be used in subsequent operations during the year.

We have invested in several 3000 HP Tier IV fleets which we believe are unique in the U.S. land market. In addition to the lower emissions per horsepower produced by Tier IV pressure pumping engines, these fleets produce less noise and have a smaller footprint than Tier II equipment.

We are currently investing in dual-fuel pressure pumping equipment. Not only does this equipment emit lower emissions because it operates on natural gas, but it also reduces greenhouse gas emissions at the customer location because it can often use natural gas produced by a customer’s well which would otherwise be flared into the atmosphere.

Our downhole completion service business has developed a zonal isolation mechanism that stretches stage lengths and reduces the need for pressure pumping horsepower. This new product lessens environmental impact by reducing water usage and operating time on location, which lowers fuel consumption and emissions.

We are testing various systems that allow equipment to be started or shut down simultaneously, which will reduce emissions.

A Focus on our People and Their Communities

We are making technology and process investments which reduce the number of employees on a job location and change the roles of the remaining employees in ways that reduce their exposure to safety hazards. We believe that this reduced exposure to active areas of a job location has led to fewer safety incidents in a service line which has a high concentration of employees.

We have long been dedicated to recruiting and hiring recently discharged military personnel. The skills and attributes that they gained while serving our country are valuable and could not be gained through any other means, and dedicated resources undertake this recruiting effort at our company. In 2019 our pressure pumping service line received the U.S. Department of Labor’s “2019 Hire Vets Medallion Award” in recognition of this effort and its success.

RPC has always believed in the long-term value of education, and has demonstrated this belief through a college scholarship program for the children of employees. This program, which awards four-year college scholarships based on merit, parents’ tenure, and need has invested more than $1 million to support hundreds of children of employees as they earn college degrees. A number of these college graduates have come to work for RPC and have followed their parents to become valuable employees.

RPC and its subsidiaries have regularly participated in efforts to support the communities in which we live. We have participated in the United Way Campaign in the city in which our corporate headquarters is located for more than 30 years. In addition, we have sponsored several emergency relief efforts following natural disasters, such as hurricanes and tornados, in communities in which our field offices are located.

RPC has diligently complied with the Dodd-Frank Act’s Conflict Minerals Disclosure rule since the inception of the regulation. While the information we receive from our suppliers does not fully reveal the source of all conflict minerals that we use, our due diligence procedures have not revealed that any of the countries covered under this rule supply conflict minerals to RPC.

During 2018 and 2019, RPC generated less than one percent of its revenues from countries which ranked in the bottom 20 of the 180 countries ranked by the Transparency International Corruption Perceptions Index.

RPC, Inc. sponsors a self-funded medical plan for employees and, according to the requirements regarding Transparency in Coverage (“TiC”) rules enacted beginning July 1, 2022, a URL has been posted where machine-readable files (MRFs) are publicly posted and accessible.

For a link to machine-readable files of in-network provider rates and out-of-network allowed amounts and billed charges for covered items and services under our employee medical program, please click here.

Lower Emissions

Downhole Completion Service Developed Mechanism To Reduce Horsepower