Parker Drilling (PKDC) 10-K2016 FY Annual report

Filed: 21 Feb 17, 12:00am

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New words: altogether, Atlantic, billed, bottomed, bottoming, BP, Bryan, Canada, climbing, confidence, crew, diameter, digital, driver, earliest, erosion, Eurodollar, flat, floor, footnote, Hibernia, history, increasingly, insight, interaction, intercompany, Junior, left, lender, length, Lien, magnitude, momentum, Motion, navigate, notable, opportunity, pace, Pacific, partner, proactive, reinstated, render, seismic, shifting, showed, stable, suspended, trough, unclear, UNFCCC, Union, upturn, valuable, variability, virtually, Western, wrote

Removed: absolute, Aker, Arranger, attracting, ban, Berkut, breakdown, Brown, building, canceled, cautionary, commence, concentration, consummated, de, Denver, deposited, diesel, double, Drinking, Drydock, EMEA, enforceability, equipped, extending, facto, Flowserve, Forex, Friede, front, fuel, funded, furniture, Gardner, GD, Goldman, Guinea, HCC, improving, inclusive, Interface, IRS, language, leadership, LP, marketing, MH, organic, Papua, pretax, Qatar, realizable, refund, refuse, relate, relocation, remit, repaying, Root, Safe, sector, Sedco, Shared, Signal, slightly, sourced, South, stability, study, supplier, tactical, tendered, transition, Tulsa, upstream, USA, volatility, wastewater, Zealand

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EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT



		The following is a list of significant subsidiaries of the Registrant:
1		Parker North America Operations, Inc. (Nevada)-100% direct subsidiary.
2		Parker Drilling International Holding Company, LLC (Delaware)-100% direct subsidiary.
3		Parker Technology, Inc. (Oklahoma)-100% direct subsidiary.
4		Universal Rig Service LLC (Delaware)-100% direct subsidiary.
5		Parker Drilling Offshore USA, LLC (Oklahoma)-100% indirect subsidiary-owned by Parker Drilling Offshore, LLC (100%).
6		Parker Drilling Company International Limited (Nevada)-100% indirect subsidiary-owned by Parker Drilling Eurasia, Inc. (100%)
7		Parker Drilling Company Eastern Hemisphere, Ltd. Co. (Oklahoma)-100% indirect subsidiary-owned by Parker Drilling Eurasia, Inc. (100%).
8		Parker Drilling Netherlands B.V. (Netherlands)-100% indirect subsidiary-owned by PD Selective Holdings C.V. (100%).
9		Parker Drilling Russia B.V. (Netherlands)-100% indirect subsidiary-owned by Parker Drilling Netherlands B.V. (100%).
10		Parker Drilling Arctic Operating, LLC (Delaware)-100% indirect subsidiary-owned by Parker North America Operations, Inc. (100%).
11		Parker Drilling Offshore International, Inc. (Cayman Islands)-100% indirect subsidiary-owned by Parker Drilling Offshore LLC (100%).
12		Primorsky Drill Rig Services BV (Netherlands)-100% indirect subsidiary-owned by Parker Drilling Netherlands B.V. (100%).
13		Parker Drilling Management Services, Inc. (Nevada)-100% indirect subsidiary-owned by Parker North America Operations, Inc. (100%).
14		Parker Hungary Rig Holding LLC - Guatemala Branch (Guatemala)-100% indirect subsidiary-owned by Parker Hungary Rig Holding LLC (100%).
15		International Tubulars FZE (United Emirates)-100% indirect subsidiary-owned by International Tubular Services Limited (100%).
16		Parker Hungary Rig Holding LLC - Switzerland Branch (Switzerland)-100% indirect subsidiary-owned by Parker Hungary Rig Holding LLC (100%).
17		Parker Drilling Alaska Services, Ltd (United Kingdom)-100% indirect subsidiary-owned by Parker Drilling Arctic Operating, LLC (100%).
18		Parker Drilling Overseas B.V. - Abu Dhabi Branch (United Emirates)-100% indirect subsidiary-owned by Parker Drilling Overseas B.V. (100%).
19		Quail Tools, L.P. (Oklahoma)-100% indirect subsidiary-owned by Parker Tools, LLC (99%) and Quail USA LLC (1%).
20		International Tubular Services De Mexico, S. De R.I. De C.V. (Mexico)-100% indirect subsidiary-owned by International Tubular Services Limited (99%) and ITS Egypt Holdings 2, Ltd (1%).
21		Parker Drilling Eurasia, Inc. (Delaware)-100% indirect subsidiary-owned by Parker Drilling International Holding Co LLC (64.8%) and Parker Drilling Offshore LLC (35.2%).
22		International Tubular Services Limited (United Kingdom)-100% indirect subsidiary-owned by PD ITS Holdings C.V..

		Note: Certain subsidiaries have been omitted from the list since they would not, even if considered in the aggregate, constitute a significant subsidiary. All subsidiaries are included in the consolidated financial statements.

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