Stock Report: Pacific Drilling S.A. (PACD) Report Updated: May 20, 2013 | Print This Page

Pacific Drilling S.A., an offshore drilling company, provides ultra-deepwater drilling services to the oil and natural gas industry through the use of drillships. The company contracts its drilling rigs, related equipment, and work crews primarily on a day rate basis to drill wells for its customers. As of March 20, 2012, it had three drillships operating under drilling contracts, one drillship that is mobilizing, two drillships under construction, and one drillship on order. Pacific Drilling S.A. operates primarily in the United States Gulf of Mexico, Brazil, and west Africa. The company was founded in 2006 and is based in Luxembourg. Pacific Drilling S.A. is a subsidiary of Quantum Pacific (Gibraltar) Limited.