8-K

UNITED STATES
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 (Date of earliest event reported): October 25, 2006

RPC, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or Other Jurisdiction of Incorporation)    1-8726
(Commission File Number)    58-1550825
(IRS Employer Identification No.)

2170 Piedmont Road, NE, Atlanta, Georgia 30324
(Address of principal executive office) (zip code)

Registrant’s telephone number, including area code: (404) 321-2140

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On October 25, 2006, RPC, Inc. issued a press release titled, “RPC, Inc. Announces Stock Split and Third Quarter Cash Dividend,” that announced its Board of Directors has approved a three-for-two split of the Company’s outstanding common stock and declared a quarterly dividend of $0.05 per share to be paid on pre-split shares.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 99 - Press Release dated October 25, 2006.

-2-

SIGNATURES

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

	RPC, Inc.
Date: October 25, 2006	/s/ Ben M. Palmer Ben M. Palmer Vice President, Chief Financial Officer and Treasurer

-3-

EX-99

Exhibit 99

FOR IMMEDIATE RELEASE

RPC, Inc. Announces Stock Split and Third Quarter Cash Dividend

ATLANTA, October 25, 2006 -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors has approved a three-for-two split of the Company’s outstanding common stock. The split will be effected by issuing one additional share of common stock for every two shares of common stock held. The additional share of common stock will be distributed on December 11, 2006 to holders of record at the close of business on November 10, 2006. No fractional shares will be issued. Fractional share amounts resulting from the split will be paid to shareholders in cash.

RPC also announced that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share payable December 11, 2006 to common shareholders of record at the close of business on November 10, 2006. The dividend will be paid on pre-split shares.

Richard A. Hubbell, RPC’s Chief Executive Officer, stated, “This is the fourth split in RPC’s history; we believe that this will reward our current shareholders and increase the investment appeal of our common stock.”

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest and Rocky Mountain regions, and in selected international markets. RPC’s investor website can be found at www.rpc.net.

For information about RPC, Inc., please contact:

Ben M. Palmer
Chief Financial Officer
404.321.2140
irdept@rpc.net

Jim Landers
Corporate Finance
404.321.2162
jlanders@rpc.net