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): January 24, 2007

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 January 24, 2007, RPC, Inc. issued a press release titled “RPC, Inc. Announces 50 Percent Increase in Quarterly Dividend and Plans to Announce Fourth Quarter and Annual 2006 Financial Results during a Conference Call on February 7, 2007.” The press release announced that the Board of Directors declared a quarterly dividend of $0.05 per share and also announced the date that RPC, Inc. will release its Fourth Quarter and Annual 2006 financial results. This release also provided the related conference call information.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 99 - Press Release dated January 24, 2007.

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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: January 24, 2007	/s/ BEN M. PALMER Ben M. Palmer Vice President, Chief Financial Officer and Treasurer

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EX-99

Exhibit 99

FOR IMMEDIATE RELEASE

RPC, Inc. Announces 50 Percent Increase in Quarterly Dividend and Plans to Announce Fourth Quarter and Annual 2006 Financial Results during a Conference Call on February 7, 2007

ATLANTA, January 24, 2007 - RPC Incorporated (NYSE: RES) Board of Directors declared a quarterly cash dividend of $0.05 per share payable March 12, 2007 to common shareholders of record at the close of business on February 12, 2007.

RPC also announced today that it will release its financial results for the fourth quarter and twelve months ended December 31, 2006 on Wednesday, February 7, 2007 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company’s financial and operating results on Wednesday, February 7, 2007 at 9 a.m. Eastern Time.

Individuals wishing to participate in the conference call should dial (888) 744-3690 or (706) 643-1513 for international callers. For interested individuals unable to join the call, a replay will be available until midnight on February 14, 2007 by dialing (800) 642-1687 or (706) 645-9291, conference ID 6729953. This call also will be broadcast and archived on the company’s investor Web site at http://www.rpc.net. Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call.

RPC, an oil and gas services company, 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 oil and gas services operating business units include Cudd Pressure Control, Patterson Services and Bronco Oilfield Services. RPC’s investor Web site can be found on the Internet at www.rpc.net.

For information about RPC, Inc. and/ or this event, please contact:

Ben Palmer
Chief Financial Officer
404.321.2140
irdept@rpc.net

Jim Landers
Corporate Finance
404.321.2162
jlanders@rpc.net

www.rpc.net