Rowan Companies Plc  (RDC)
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Rowan Companies Plc Segments

   97.81 % of total Revenue
Gulf of Mexico Drilling
   36.45 % of total Revenue
Middle East Drilling
   21.6 % of total Revenue
North Sea Drilling
   23.77 % of total Revenue
Other international Drilling
   4.75 % of total Revenue
   2.19 % of total Revenue

Business Segments (Sep. 30, 2015)
(in millions $)
III. Quarter
(of total Revenues)
(Sep. 30, 2015)
(in millions $)
III. Quarter
(Profit Margin)
533.50 97.81 % 0.00 -
Gulf of Mexico Drilling
198.82 36.45 % 0.00 -
Middle East Drilling
117.81 21.6 % 0.00 -
North Sea Drilling
129.63 23.77 % 0.00 -
Other international Drilling
25.90 4.75 % 0.00 -
11.94 2.19 % 0.00 -
545.44 100 % 0.00 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment (Sep. 30, 2015)
Y/Y Revenue
III. Quarter
Q/Q Revenue
(Sep. 30, 2015)
Y/Y Income
III. Quarter
Q/Q Income
16.87 % 7.68 % - -
Gulf of Mexico Drilling
221.19 % 75.16 % - -
Middle East Drilling
-5.84 % 7.15 % - -
North Sea Drilling
10.52 % -5.48 % - -
Other international Drilling
-38.62 % -48.03 % - -
6.38 % -10.25 % - -
16.62 % 7.21 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Rowan Companies Plc's Drilling, Gulf of Mexico Drilling, Middle East Drilling, North Sea Drilling, Other international Drilling, Other, Total segment. Select each division with the arrow.

  Rowan Companies Plc's

Business Segments Description


Rowan provides contract drilling services utilizing a fleet of 23 self-elevating mobile offshore drilling platforms ("jack-up rigs"), one mobile offshore floating platform ("semi-submersible rig") and 18 land drilling rigs. Rowan's drilling operations are conducted primarily in the Gulf of Mexico, the North Sea, offshore eastern Canada and in Texas and Louisiana.

Rowan's jack-up rigs are designed with a floating hull with three independently elevating legs, drilling equipment, supplies, crew quarters, loading and unloading facilities, a helicopter landing deck and other related equipment. Drilling equipment includes engines, drawworks or hoist, derrick, pumps to circulate the drilling fluid, drill pipe and drilling bits. Rowan's rigs are equipped with propulsion thrusters to assist in towing. At the drilling site, the legs are lowered until they penetrate the ocean floor and the hull is jacked-up on the legs to the desired elevation above the water. The hull then serves as a drilling platform until the well is completed, at which time the hull is lowered into the water, the legs are elevated and the rig is towed to the next drilling site.

Onshore Operations

Rowan has drilling equipment, personnel and camps available on a contract basis for exploration and development of onshore areas. Rowan currently owns 18 deep-well land rigs located as follows: 12 in Texas and six in Louisiana. The fleet features four newly constructed rigs and nine rigs that have been substantially rebuilt in recent years.


In 1994, LeTourneau, Inc. ("LeTourneau"), a wholly-owned subsidiary of the Company, acquired the net assets of Marathon LeTourneau Company, headquartered in Longview, Texas. LeTourneau operates a mini-steel mill that recycles scrap and produces steel plate; a manufacturing facility that produces heavy equipment such as front-end loaders with up to an 80-ton capacity; and a drilling products group that has designed or built about one-third of all mobile offshore jack-up drilling rigs, including all 23 operated by Rowan.

LeTourneau's transportation equipment line produces several different types of material handling equipment, such as 50-ton capacity, diesel electric, gantry cranes used for lifting, transporting and stacking large shipping containers and trailers at ports and rail yards. Gantry cranes can span up to seven container rows plus a truck aisle and stack 9-1/2-feet tall containers up to five high. Gantry cranes equipped with a spreader can lift containers from the top and have retractable arms for loading and unloading piggyback trailers. LeTourneau's transportation equipment is marketed primarily in North America through independent dealers and its own dealer in the northwestern United States.

LeTourneau's Longview, Texas mini-steel mill produces carbon, alloy and specialty steel plate products. LeTourneau concentrates on "niche" markets that require alloy, specialty steel grades, or "exotic" versions of carbon steel products, including mold steels, tool steels, aircraft quality steels, 400 series stainless steel and hydrogen-induced, crack-resistant steels. External steel sales, which are garnered through a direct sales force, consist primarily of steel plate, but also include forging ingots and value-added fabrication of steel products. Steel products are generally sold to steel service centers, fabricators, manufacturers and forge shops.


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