![]() | |
Industry | Petroleum industry |
---|---|
Founded | 1968 |
Defunct | October 6, 2017 |
Fate | Acquired by Ensco plc |
Headquarters | Houston, Texas |
Products | Offshore drilling |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of 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.[1]
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.[2]
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.[2]
In fiscal 2015, the company derived 76% of its revenue from its 6 deepwater drillships and semisubmersibles.[2]
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. [2]
The company was founded in 1968 by John Atwood.[3]
The company began operation by 1970. In 1972, the company became a public company.[2]
In October 2017, the company was acquired by Ensco plc[1] (now Valaris Limited).