Exhibit 15






                                         July 9, 1998  
                                                            




Securities and Exchange Commission
450 Fifth Street, N.W. 
Washington, D.C. 10549

                                         Re:  Parker Drilling Company
                                         Registration on Form S-8
                                        

We are aware that our report dated July 9, 1998, on our review of the interim
financial information of Parker Drilling Company for the period ended May 31,
1998, and included in this Form 10-Q is incorporated by reference in the
Company's registration statements on Form S-8 (File No. 2-87944,  33-24155,
33-56698 and 33-57345).  Pursuant to Rule 436(c) under the Securities Act of
1933, this report should not be considered a part of the registration
statement prepared or certified by us within the meaning of Section 7 and 11
of that Act.



                                         By:/s/PricewaterhouseCoopers LLP
                                         --------------------------------
                                         PricewaterhouseCoopers LLP