Harman Patil (Editor)

Atwood Oceanics

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public company

Founded
  
1968

CFO
  
Mark Smith

Industry
  
Petroleum industry

Products
  
Offshore drilling

Subsidiaries
  
Atwood Hunter Co


Traded as
  
NYSE: ATW S&P 600 Component

Key people
  
George S. Dotson, Chairman Rob Saltiel (CEO)

Stock price
  
ATW (NYSE) US$ 10.51 -0.22 (-2.05%)28 Feb, 4:00 PM GMT-5 - Disclaimer

Headquarters
  
Houston, Texas, United States

VPs
  
Stuart Allen (Human Resources, Administrative Services)

Atwood oceanics ceo rigged for growth


Atwood Oceanics, Inc. is an offshore drilling contractor headquartered in Houston, Texas.

Contents

Atwood oceanics superscan bull


History

The company was founded in 1968 by John Atwood.

Atwood Oceanics began operation by 1970. In 1972, the company went public.

Current Operations

The company owns and operates 4 ultra-deepwater drillships (including 2 under construction), 2 ultra-deepwater semisubmersibles (can drill in water up to 12,000' deep), 2 deepwater semisubmersibles, and 5 high-specification jackup rigs.

The company provides quarterly online updates on the status of each rig in its fleet.

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.

In fiscal 2015, the company derived 76% of its revenue from its 6 deepwater drillships and semisubmersibles.

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.

References

Atwood Oceanics Wikipedia