Profile: Ensco PLC (ESV)
27 Apr 2017
Ensco plc, incorporated on September 18, 2009, is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. The Company operates through three segments: Floaters, Jackups and Other. Its Floaters segment includes the Company's drillships and semisubmersible rigs. The Other segment consists of management services on rigs owned by third parties. The Floaters and the Jackups segments provide contract drilling. It owned and operated an offshore drilling rig fleet of 57 rigs, including two rigs under construction, with drilling operations in markets around the world, as of December 31, 2016.
As of December 31, 2016, the Company's rig fleet included eight drill ships, 10 dynamically positioned semisubmersible rigs, three moored semisubmersible rigs and 38 jackup rigs. As of December 31, 2016, of its 59 rigs, 25 were located in the Middle East, Africa and Asia Pacific (including two rigs under construction), 16 were located in North and South America (including Brazil) and 18 were located in Europe and the Mediterranean. The Company's drilling rigs drill and complete oil and natural gas wells
The Company had operations and drilling contracts spanning 14 countries on six continents, as of December 31, 2016. The markets in which it operates include the United States, Gulf of Mexico, Mexico, Brazil, the Mediterranean, the North Sea, the Middle East, West Africa, Australia and Southeast Asia. The Company provides a drilling rig and rig crews. The Company's customers include national and international oil companies, in addition to independent operators.
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