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 28, 2004

                           Commission File No. 1-8726

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

             Delaware                                          58-1550825
  (State or other jurisdiction                             (I.R.S. Employer
of incorporation or organization)                        Identification Number)

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

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



Item 5. Other Events and Regulation FD Disclosure

On January  27,  2004,  registrant  issued a press  release  titled  "RPC,  Inc.
Announces   Increased  Dividend  and  Authorizes   Expansion  of  Stock  Buyback
Program,"  that  declared  a  quarterly  cash  dividend  of $0.03 per share and
expanded the stock repurchase program by 1.5 million shares.

Item 7. Financial Statements and Exhibits

      (c) Exhibits.

            Exhibit 99 - Press release dated January 27, 2004.

                                   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 hereunto duly authorized.

                                          RPC, Inc.

Date: January 28, 2004                    /s/ BEN M. PALMER
                                          -------------------------------------
                                          Ben M. Palmer
                                          Vice President,
                                          Chief Financial Officer and Treasurer