8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

____________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d)

OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF EARLIEST EVENT REPORTED:  FEBRUARY 1, 2010

ATWOOD OCEANICS, INC.

(Exact name of registrant as specified in its charter)

COMMISSION FILE NUMBER 1-13167

TEXAS

(State or other jurisdiction of incorporation or organization)

Internal Revenue Service – Employer Identification No. 74-1611874

15835 Park Ten Place Drive, Houston, Texas, 77084

(281) 749-7800

____________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 REGULATION FD DISCLOSURE

Information with respect to the Company’s Fleet Status Report at February 1, 2010 is attached hereto as Exhibit 99.1.  Such information is being furnished under Regulation FD and should not be deemed to be filed under Section 19 of the Exchange Act.

Statements contained in this report with respect to the future are forward-looking statements.  These statements reflect management's reasonable judgment with respect to future events.  Forward-looking statements involve risks and uncertainties.  Actual results could differ materially from those anticipated as a result of various factors including; the Company's dependence on the oil and gas industry; the risks involved the construction of a rig; competition; operating risks; risks involved in foreign operations; risks associated with possible disruption in operations due to terrorism; risks associated with a possible disruption in operations due to a war with Iraq; and governmental regulations and environmental matters.  A list of additional risk factors can be found in the Company's annual report on Form 10-K for the year ended September 30, 2009, filed with the Securities and Exchange Commission.

ITEM 9.01                      EXHIBITS

EXHIBIT 99.1    Fleet Status Report at February 1, 2010

EXHIBIT INDEX

EXHIBIT NO.                                        DESCRIPTION

99.1                                Fleet Status Report at February 1, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ATWOOD OCEANICS, INC

(Registrant)

/s/ James M. Holland

James M. Holland

Senior Vice President

DATE: February 1, 2010

EX-99.1

EXHIBIT 99.1

FLEET STATUS REPORT

Atwood Oceanics, Inc. And Subsidiaries Fleet Status Report As of February 2010

As used herein, “we”, “us”, and “our” refers to Atwood Oceanics, Inc. and its subsidiaries, except where the context indicates otherwise.  Statements contained in this Fleet Status Report, including information regarding our estimated rig availability, contract duration, future dayrates, future daily operating costs, future effective tax rates, customer or contract status are forward-looking statements.  These statements reflect management's reasonable judgment with respect to future events.  Forward-looking statements involve risks and uncertainties.  Actual results could differ materially from those anticipated as a result of various factors including: our dependence on the oil and gas industry; the risks involved in upgrade, repair and construction of our rigs; competition; operating risks; risks involved in foreign operations; risks associated with possible disruptions in operations due to terrorism; risks associated with a possible disruption in operations due to the war with Iraqand governmental regulations and environmental matters.  A list of additional risk factors can be found in our annual report on Form 10-K for the year ended September 30, 2009, filed with the Securities and Exchange Commission.  All information in this Fleet Status Report is as of the date indicated above.  We undertake no duty to update the content of this Fleet Status Report or any forward-looking statement contained herein to conform the statement to actual results or to reflect changes in our expectations.

Rig Name	Rated Water Depth	Location	Customer	Estimated Contract End Date	Estimated Contract Day Rate	Additional Comments
ATWOOD EAGLE	5000’	Australia	CHEVRON AUSTRALIA PTY LTD (“CHEVRON”) UNDER ASSIGNMENT FROM WOODSIDE ENERGY LTD	FIRM WORK – June 2010	Approximately $405,000	A portion of the dayrate is subject to some change due to currency exchange rate variance.
		Australia	BHP BILLITON PETROLEUM	FIRM WORK – (One well deferred from previous drilling program which is now expected to be drilled during July and August 2010.)	Approximately $170,000 for 35 days and $465,000 thereafter until completion.
		Australia	CHEVRON	FIRM WORK – (Until ATWOOD OSPREY commences operations in Australia) February/March 2011	$430,000/$450,000 Depending on firm duration of Atwood Osprey Contract	Subject to change due to cost escalation provisions in the contract.
		Australia	CHEVRON	OPTION WORK – Has option to continue to use rig for a mutually agreed term after the ATWOOD  OSPREY arrives in Australia.	$405,000/$425,000 Depending on firm duration of Atwood Osprey Contract	Subject to change due to cost escalation provisions in the contract.
		TBD	N/A	N/A	N/A	The rig could incur around twenty (20) zero rate days in the first quarter of 2011 for regulatory inspections and planned maintenance.
ATWOOD HUNTER	5,000’	Ghana	KOSMOS ENERGY GHANA HC (“KOSMOS”) (Approximately 135 days of the commitment has been assigned to Tullow Ghana Limited)	FIRM WORK - June 2010 (Estimated to take 270 days)	$538,000	Subject to change due to cost escalation provisions in the contract.
		Other West Africa Designated Areas	NOBLE ENERGY INC (“NOBLE”) /KOSMOS	FIRM WORK - October/November 2012	$538,000 to $545,000 while operating	Subject to change due to cost escalation provisions in the contract.
ATWOOD FALCON	5,000’	Malaysia	SARAWAK SHELL BERHAD (“SHELL”)	FIRM WORK – August 2011	$425,000/plus approximately $4,000 of amortized per day revenues	Subject to change due to cost escalation provisions in the contract.
ATWOOD OSPREY	6,000’	Under construction in Singapore with Delivery Expected in early 2011 at which time the rig will be mobilized to Australia.	CHEVRON AUSTRALIA PTY. LTD.	FIRM WORK – Early 2014 if three-year commitment or early 2017 if six-year commitments.  (Contract provides for a commitment of three years with option to extend to six years at time of delivery of rig)	$470,000 (if three-year commitment) $450,000 (if six-year commitment)	Subject to change due to cost escalation provisions in the contract.
ATWOOD SOUTHERN CROSS	2,000’	West Africa	NONE	IDLE MAY 2010	NONE	The rig is currently idle and not expected to go on dayrate until around June 6, 2010 during mobilization with an expected commencement of drilling on June 15, 2010.
		Tunisia	AUDAX RESOURCES LTD. (“AUDAX”)	FIRM WORK – July 2010	$154,500
		Tunisia	AUDAX	OPTION WORK – (AuDAX has one option which must be exercised by March 1, 2010 to drill from one (1) to four (4) additional wells)	$154,500
ATWOOD BEACON	400’	EQUATORIAL GUINEA	HESS EQUATORIAL GUINEA, INC. (“HESS”)	FIRM WORK – June 2010 (Estimated to take 240 days to complete the drilling of six (6) firm wells)	$110,000/plus approximately $5,000 of amortized per day revenues for 240 days.	Operating expenses for the rig through June 2010 will be increased by approximately $25,000 per day due to amortization of mobilization expense.
		EQUATORIAL GUINEA	HESS	OPTION WORK – February 2011 (Hess has options to extend its drilling program for an additional six (6) wells or estimated 240 days.)	$110,000
		TBD	N/A	N/A	N/A	The rig could incur ten (10) zero rate days in the second or third quarters of fiscal year 2011.
VICKSBURG	300’	Thailand	NUCOASTAL (THAILAND) LIMITED (“NUCOASTAL”)	FIRM WORK – June 2010	$90,000
		Thailand	NUCOASTAL	OPTION WORK – Has option to extend program an additional six (6) months which must be exercised by April 1, 2010. December 2010	$90,000
		TBD	N/A	N/A	N/A	The rig could incur ten (10) zero rate days in the third or fourth quarter of fiscal year 2010 for regulatory inspections.
ATWOOD AURORA	350’	Egypt	GAZ DE FRANCE UNTIL MID-2010 UNDER ASSIGNMENT FROM RWE DEA NILE GmbH (“RWE”)	FIRM WORK – April 2011	$133,000	Subject to change due to cost escalation provisions in the contract.
		Egypt	RWE	OPTIONS – (1 Year)	TBD
SEAHAWK	1,800’	Equatorial Guinea	AMERADA HESS  EQUATORIAL GUINEA, INC. (“HESS”)	FIRM WORK – August/September 2010	$90,000	Contract provides for dayrate increases based upon certain cost escalations as well as an approximately $20,000 per day reduction during periods when the rig is being relocated to a new drilling site.
RICHMOND	70’	US Gulf of Mexico	HELIS OIL & GAS COMPANY LLC TURNKEY DRILLED BY APPLIED DRILLING TECHNOLOGY INC.	FIRM WORK – Early to Mid-February 2010	$33,500
		US Gulf of Mexico	CONTANGO OPERATIONS INC. DRILLED BY APPLIED DRILLING TECHNOLOGY INC.	FIRM WORK – April 2010	$35,500
		US Gulf of Mexico	ROOSTER PETROLEUM, LLC	FIRM WORK – May 2010	$36,000
		US Gulf of Mexico	N/A	N/A	N/A	The rig could incur ten (10) zero rate days in the third quarter of fiscal year 2010 for regulatory inspections.