Business Information
The group's principal activity is to provide offshore and inland marine contract drilling services for oil and gas wells. At 01-Mar-2004, the group owned and operated 96 mobile offshore and barge drilling units. The fleet of the group consists of 32 high-specification semisubmersibles and drillships floaters, 26 other floaters, 26 jackup rigs and 12 other rigs. The fleet of the todco consists of 24 jackup rigs, 30 drilling barges, 9 land rigs, 3 submersible drilling rigs and 4 other drilling rigs. The group provides these drilling rigs, related equipment and work crews to its customers primarily on a dayrate basis to drill offshore wells. In addition, the group also provides management of third party well service activities. In feb-2004, the group completed an ipo of todco, representing 23% of todco's common stock. At 01-Mar-2004, the group held 77% common stock of todco.
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Name |
Title
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Email
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Michael Talbert | Chmn. | N/A | Barbara Wood | CIO, VP | N/A | Gregory Cauthen | Sr. VP, CFO | N/A | Adrian Rose | VP - Quality, Health, Safety, Environment | N/A | Arnaud Bobillier | VP - Europe, Africa Unit | N/A |
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Year |
Sales |
Net Income |
2006 | 3,882,000 | 1,385,000 | 2005 | 2,891,700 | 715,600 | 2004 | 2,613,900 | 152,200
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