GEOGRAPHIC AREA INFORMATION

12 Months Ended

Dec. 31, 2012

GEOGRAPHIC AREA INFORMATION [Abstract]

GEOGRAPHIC AREA INFORMATION

NOTE 12 – GEOGRAPHIC AREA INFORMATION

The classifications of revenues and assets among geographic areas in the tables which follow were determined based on the physical location of assets.  Because the Company's offshore drilling rigs are mobile, classifications by area are dependent on the rigs' location at the time revenues are earned, and may vary from one period to the next.

Revenues by geographic area are set forth below (in thousands):

	2012		2011		2010
United Kingdom	$	385,174	$	230,638	$	99,111
Saudi Arabia		376,406		204,086		207,131
United States		209,296		264,255		287,579
Norway		131,251		73,829		80,717
Trinidad		98,764		56,682		-
Malaysia		88,960		6,776		-
Vietnam		37,346		9,901		-
Qatar		26,298		59,824		78,819
Egypt		25,435		5,261		71,811
Indonesia		13,677		-		-
Mexico		-		27,977		45,633
Canada		-		-		78,361
Angola		-		-		68,543
Consolidated revenues	$	1,392,607	$	939,229	$	1,017,705

Long-lived assets by geographic area at December 31 are set forth below (in thousands):

	2012		2011		2010
United Kingdom	$	1,555,324	$	1,562,942	$	822,335
Saudi Arabia		1,103,220		1,078,663		743,002
United States		903,823		1,234,233		1,044,315
Rigs under construction		756,245		711,558		937,609
Norway		495,518		501,447		202,773
Malaysia		447,949		45,039		-
Trinidad		250,765		258,749		204,432
Egypt		220,897		-		200,551
Indonesia		184,706		-		-
Qatar		153,282		87,781		91,735
Vietnam		-		198,205		-
Mexico		-		-		54,307
Canada		-		-		43,463
Other		-		96		-
Consolidated long-lived assets	$	6,071,729	$	5,678,713	$	4,344,522