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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950134-99-001086.txt : 19990217
<SEC-HEADER>0000950134-99-001086.hdr.sgml : 19990217
ACCESSION NUMBER:		0000950134-99-001086
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990215
ITEM INFORMATION:		
FILED AS OF DATE:		19990216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HELMERICH & PAYNE INC
		CENTRAL INDEX KEY:			0000046765
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				730679879
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-04221
		FILM NUMBER:		99540150

	BUSINESS ADDRESS:	
		STREET 1:		UTICA AT 21ST ST
		CITY:			TULSA
		STATE:			OK
		ZIP:			74114
		BUSINESS PHONE:		9187425531

	MAIL ADDRESS:	
		STREET 1:		UTICA AT 21ST ST
		CITY:			TULSA
		STATE:			OK
		ZIP:			74114
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>FORM 8-K
<TEXT>

<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                                        
                             Washington, D.C. 20549
                                        
                                    FORM 8-K
                                        
                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934
                                        
                       Date of Report: February 15, 1999
                                        
                                        
                            HELMERICH & PAYNE, INC.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

Delaware                            1-4221                         73-0679879
- --------------------------------------------------------------------------------
(State or other                (Commission File                (I.R.S. Employer
jurisdiction of                     Number)                     Identification
incorporation)                                                       Number)

Utica at Twenty-first Street, Tulsa, Oklahoma             74114
- --------------------------------------------------------------------------------
(Address of principal executive offices)                (Zip Code)

                                 (918) 742-5531
- --------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

                                      N/A
- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report)


                               Page 1 of 2 Pages.
<PAGE>   2
Item 5. Other Events.

     Helmerich & Payne, Inc. has appointed UMB Bank, N.A. Kansas City, Missouri 
as its Transfer Agent, Registrar and Rights Agent effective February 15, 1999.

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned, thereunto duly authorized.


                                        HELMERICH & PAYNE, INC.
                                              (Registrant)


                                        By: /s/ STEVEN R. MACKEY
                                            ------------------------------------
                                            Name:  Steven R. Mackey
                                            Title: Vice President

Dated: February 15, 1999


                                       2
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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