Exhibit 99.1

RPC, Inc. Announces Second Quarter Cash Dividend

    ATLANTA--(BUSINESS WIRE)--July 23, 2003--The RPC Incorporated
(NYSE: RES) Board of Directors declared a regular quarterly cash
dividend of $0.025 per share payable September 10, 2003 to common
shareholders of record at the close of business August 11, 2003.
    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 oil and gas services operating
subsidiaries include Cudd Pressure Control, Inc., Patterson Services,
Inc., and Patterson Tubular Services, Inc. RPC's investor Web site can
be found on the Internet at www.rpc.net.

    CONTACT: RPC Incorporated, Atlanta
             Ben M. Palmer, 404/321-2140
             or
             Jim Landers, 404/321-2162
             irdept@rpc.net