EXECUTION VERSION













                           REVOLVING CREDIT AGREEMENT



                          DATED AS OF SEPTEMBER 8, 2006



                                      AMONG



                                   RPC, INC.,

                                   as Borrower





                   THE LENDERS FROM TIME TO TIME PARTY HERETO,





                             BANK OF AMERICA, N.A.,

                              as Syndication Agent



                                       AND





                                  SUNTRUST BANK

                             as Administrative Agent















      ====================================================================





                         SUNTRUST CAPITAL MARKETS, INC.,

                  as Joint Lead Arranger and Sole Book Manager



                         BANC OF AMERICA SECURITIES LLC,

                             as Joint Lead Arranger



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                                                           TABLE OF CONTENTS

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ARTICLE I         DEFINITIONS; CONSTRUCTION.......................................................................1

         Section 1.1.      Definitions............................................................................1

         Section 1.2.      Classifications of Loans and Borrowings...............................................18

         Section 1.3.      Accounting Terms and Determination....................................................18

         Section 1.4.      Terms Generally.......................................................................19



ARTICLE II        AMOUNT AND TERMS OF THE COMMITMENTS............................................................19

         Section 2.1.      General Description of Facilities.....................................................19

         Section 2.2.      Revolving Loans.......................................................................20

         Section 2.3.      Procedure for Revolving Borrowings....................................................20

         Section 2.4.      Swingline Commitment..................................................................20

         Section 2.5.      Funding of Borrowings.................................................................22

         Section 2.6.      Interest Elections....................................................................23

         Section 2.7.      Optional Reduction and Termination of Commitments.....................................24

         Section 2.8.      Repayment of Loans....................................................................24

         Section 2.9.      Evidence of Indebtedness..............................................................24

         Section 2.10.     Optional Prepayments..................................................................25

         Section 2.11.     Mandatory Prepayment..................................................................25

         Section 2.12.     Interest on Loans.....................................................................25

         Section 2.13.     Fees..................................................................................26

         Section 2.14.     Computation of Interest and Fees......................................................27

         Section 2.15.     Inability to Determine Interest Rates.................................................27

         Section 2.16.     Illegality............................................................................28

         Section 2.17.     Increased Costs.......................................................................28

         Section 2.18.     Funding Indemnity.....................................................................30

         Section 2.19.     Taxes.................................................................................30

         Section 2.20.     Payments Generally; Pro Rata Treatment; Sharing of Set-offs...........................31

         Section 2.21.     Letters of Credit.....................................................................33

         Section 2.22.     Increase of Commitments; Additional Lenders...........................................37

         Section 2.23.     Extensions of Commitment Termination Date.............................................39



ARTICLE III       CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT............................................40

         Section 3.1.      Conditions To Effectiveness...........................................................40

         Section 3.2.      Each Credit Event.....................................................................42

         Section 3.3.      Delivery of Documents.................................................................43

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