Atwood Oceanics, Inc. | |
Fate: | Acquired by Ensco plc |
Hq Location: | Houston, Texas |
Industry: | Petroleum industry |
Products: | Offshore drilling |
Revenue: | $1.395 billion (FY 2015) |
Operating Income: | $531 million (FY 2015) |
Net Income: | $432 million (FY 2015) |
Assets: | $4.809 billion (FY 2015) |
Equity: | $2.947 billion (FY 2015) |
Num Employees: | 1,868 (2015) |
Atwood Oceanics, Inc. was an offshore drilling contractor headquartered in Houston, Texas. In October 2017, the company was acquired by Ensco plc.
The company owned and operated 4 ultra-deepwater drillships, 2 ultra-deepwater semisubmersibles (can drill in water up to 12,000' deep), 2 deepwater semisubmersibles, and 5 high-specification jackup rigs.[1]
In fiscal 2015, 5 customers accounted for a total of 63% of revenues: Noble Energy, Royal Dutch Shell, Woodside Petroleum, Chevron Corporation, and Kosmos Energy.[1]
In fiscal 2015, the company derived 76% of its revenue from its 6 deepwater drillships and semisubmersibles.[1]
In fiscal 2015, 71% of the company's revenues were derived outside of the United States. The company derived more of its revenues in Australia than in any other country. [1]
The company was founded in 1968 by John Atwood.[2]
The company began operation by 1970. In 1972, the company became a public company.[1]
In October 2017, the company was acquired by Ensco plc[3] (now Valaris Limited).