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Atwood Oceanics

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Atwood Oceanics Inc
Company typePublic
NYSEATW
IndustryEnergy
Founded1968
HeadquartersHouston, Texas,
Key people
George S Dotson (Chairman of the Board of Directors), Rob Saltiel (CEO)
ProductsOffshore Drilling
RevenueIncrease US$1.395 billion (FY 2015)[1]
Increase US$531 million (FY 2015)[1]
Increase US$432 million (FY 2015)[1]
Total assetsIncrease US$4.809 billion (FY 2015)[1]
Total equityIncrease US$2.947 billion (FY 2015)[1]
Number of employees
1,868 [2]
WebsiteAtwood

Atwood Oceanics, Inc. is a multinational offshore oil and gas well drilling company headquartered in Houston, Texas.

Its common stock is traded on the New York Stock Exchange under the symbol "ATW".

History

Organized in 1968, Atwood Oceanics began operation by 1970. In 1972, the company went public.

Current Operations

The Atwood Group has conducted drilling operations in the Red Sea, Persian Gulf, Black Sea, Australia, East and West Africa, Southeast Asia, Mediterranean Sea, China, Far East, Papua New Guinea, India, Central and South America and the U.S. Gulf of Mexico. It also operates from Australia, Malaysia, Malta, Indonesia, Egypt and the United Kingdom.

Rig fleet

The company owns and operates 4 ultra-deepwater drillships (including 2 under construction), 2 ultra-deepwater semisubmersibles, 2 deepwater semisubmersibles, and 5 high-specification jackups.[3]

Atwood Oceanics owns 4 ultra-deepwater dynamically positioned drillships, which can drill in water up to 12,000':

Atwood Oceanics also owns 5 jackup rigs:

  • The Atwood Aurora[9]
  • The Atwood Beacon[10]
  • The Atwood Mako[11]
  • The Atwood Manta[12]
  • The Atwood Orca[13]

Atwood Oceanics also owns 2 deepwater semisubmersable rigs:

  • The Atwood Eagle[14]
  • The Atwood Falcon[15]

Corporate Governance

Atwood is governed by an eight-member Board of Directors, which includes Deborah A. Beck, George S. Dotson, Jack E. Golden, Hans Helmerich, Jeffrey A. Miller, James R. Montague, Robert J. Saltiel, and Phil D. Wedemeyer.[16]

References

  1. ^ a b c d e "Atwood Oceanics Announces 2015 Fourth Quarter and Fiscal Year End Earnings". Atwood Oceanics. November 9, 2015.
  2. ^ Atwood Oceanics 10-K
  3. ^ Atwood Oceanics: Our Company
  4. ^ Atwood Advantage
  5. ^ a b c d Atwood Fleet Status Report as of February 1, 2016
  6. ^ Atwood Achiever
  7. ^ Atwood Admiral
  8. ^ Atwood Archer
  9. ^ Atwood Aurora
  10. ^ Atwood Beacon
  11. ^ Atwood Mako
  12. ^ Atwood Manta
  13. ^ Atwood Orca
  14. ^ Atwood Eagle
  15. ^ Atwood Falcon
  16. ^ Atwood Oceanics: Board of Directors