1.0.0.3 false Discontinued Operations false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 Unit1 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 2 Discontinued Operations [Abstract] 0 esv_DiscontinuedOperations esv false na duration string Discontinued Operations [Abstract] false false false false false true false false false 1 false false 0 0 false false Discontinued Operations [Abstract] false 3 Discontinued Operations 1 us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <div> <h2> <a name="_AUCcd3cabd50000415e8fed8e82370183cc">Note 8 - Discontinued Operations</a> </h2>     ENSCO 69        From May 2007 to June 2009, ENSCO 69 was contracted to Petrosucre, a subsidiary of Petróleos de Venezuela S.A., the national oil company of Venezuela ("PDVSA"). PDVSA subsidiaries reportedly lack funds and, since late 2008, generally have not been paying their contractors and service providers. In January 2009, we suspended drilling operations on ENSCO 69 after Petrosucre failed to satisfy its contractual obligations and meet commitments relative to the payment of past due invoices. Petrosucre then took over complete control of ENSCO 69 drilling operations utilizing Petrosucre employees and a portion of the Venezuelan rig crews we had utilized. When Petrosucre initially advised us that it temporarily was taking over operations on the rig, we placed our supervisory rig personnel on ENSCO 69 to observe Petrosucre's operations.        On April 30, 2009, we submitted a notice of termination to Petrosucre for non-payment of past due invoices. The terms of the ENSCO 69 drilling contract provided for termination of the contract upon Petrosucre's failure to satisfy its contractual payment obligations during the 30-day period subsequent to our notice. On June 4, 2009, after Petrosucre's failure to satisfy its contractual payment obligations, failure to reach a mutually acceptable agreement with us and denial of our request to demobilize ENSCO 69 from Venezuela, Petrosucre advised that it would not return the rig and would continue to operate it without our consent. Petrosucre further advised that it would release ENSCO 69 after a six-month period, subject to a mutually agreed accord addressing the resolution of all remaining obligations under the ENSCO 69 drilling contract. On June 6, 2009, we terminated our contract with Petrosucre and removed all remaining Ensco employees from the rig. On July 17, 2009, we received an $11.5 million payment from Petrosucre, which represented less than 25% of the $47.9 million contractually due to us as of June 30, 2009.        Due to Petrosucre's longstanding failure to satisfy its contractual obligations and meet payment commitments, and in consideration of the Venezuelan government's recent nationalization of assets owned by international oil and gas companies and oilfield service companies, we believe it is remote that ENSCO 69 will be returned to us by Petrosucre and operated again by Ensco. Therefore, we recorded the disposal of ENSCO 69 during the quarter ended June 30, 2009, and both the ENSCO 69 results of operations and loss on disposal were reclassified as discontinued operations in our condensed consolidated statements of income. We have filed an insurance claim under our package policy, which includes coverage for certain political risks, and are evaluating legal remedies against Petrosucre for contractual and other ENSCO 69 related damages.        ENSCO 69 had a net book value of $17.3 million and inventory and other assets totaling $800,000. In connection with the disposal of ENSCO 69, we recognized a pre-tax loss of $18.1 million, which was classified as loss on disposal of discontinued operations, net, in our condensed consolidated statements of income for the three-month and six-month periods ended June 30, 2009.        After considering the $11.5 million payment received on July 17, 2009, we recognized a $5.4 million bad debt provision during the quarter ended June 30, 2009 to fully reserve our remaining net receivable from Petrosucre. We had previously recognized bad debt provisions of $2.6 million and $14.3 million during the quarters ended March 31, 2009 and December 31, 2008, respectively. Bad debt provisions recognized during the three-month and six-month periods ended June 30, 2009 were included in loss on discontinued operations, net, in our condensed consolidated statements of income. We did not recognize revenue associated with ENSCO 69 drilling operations subsequent to January 2009 when Petrosucre initially assumed control of our rig. We deferred $14.1 million of revenue earned during the period between January 2009 and our termination of the ENSCO 69 drilling contract in June 2009.        The ENSCO 69 drilling contract is governed by Venezuelan law and there can be no assurances relative to the recovery of outstanding contract entitlements. As of June 30, 2009, ENSCO 69 had an insured value of $65.0 million under a package policy, including coverage for certain political risks, subject to a $10.0 million deductible. We are in the early stages of the insurance claim process and, therefore, were unable to conclude that collection of insurance proceeds associated with the loss of ENSCO 69 was probable as of June 30, 2009. Accordingly, no ENSCO 69 related insurance recoveries were recognized in our condensed consolidated statements of income for the three-month and six-month periods ended June 30, 2009.     ENSCO 74        In September 2008, ENSCO 74 was lost as a result of Hurricane Ike. Thereafter, we conducted extensive aerial and sonar reconnaissance but failed to locate the rig hull. The rig was a total loss, as defined under the terms of our insurance policies. In March 2009, the sunken hull of ENSCO 74 was located on the seabed approximately 95 miles from the original drilling location when it was reportedly struck by an oil tanker. The operating results of ENSCO 74 were reclassified as discontinued operations in our condensed consolidated statements of income for the three-month and six-month periods ended June 30, 2008. See "Note 9 - Contingencies" for additional information on the loss of ENSCO 74.        The following table summarizes our (loss) income from discontinued operations for the three-month and six-month periods ended June 30, 2009 and 2008 (in millions):   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="625" style= "width:468.75pt;mso-cellspacing:0in;mso-yfti-tbllook:1184;mso-padding-alt: 0in 0in 0in 0in"> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes"> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">   </td> <td colspan="4" valign="bottom" style= "padding:0in 0in 0in 0in">     Three Months Ended </td> <td colspan="4" valign="bottom" style= "padding:0in 0in 0in 0in">   Six Months Ended </td> </tr> <tr style="mso-yfti-irow:1"> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">   </td> <td colspan="4" valign="bottom" style= "padding:0in 0in 0in 0in">                June 30,            </td> <td colspan="4" valign="bottom" style= "padding:0in 0in 0in 0in">               June 30,           </td> </tr> <tr style="mso-yfti-irow:2"> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">   </td> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">   2009     </td> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">     2008   </td> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">       2009   </td> <td colspan="2" valign="bottom" style= "padding:0in 0in 0in 0in">       2008   </td> </tr> <tr style="mso-yfti-irow:3"> <td style="padding:0in 0in 0in 0in">   </td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> <td style="padding:0in 0in 0in 0in"></td> </tr> <tr style="mso-yfti-irow:4"> <td width="49%" valign="bottom" style= "width:49.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> Revenues </td> <td width="2%" valign="bottom" style= "width:2.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="7%" valign="bottom" style= "width:7.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> $     --  </td> <td width="3%" valign="bottom" style= "width:3.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="10%" valign="bottom" style= "width:10.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> $27.7 </td> <td width="4%" valign="bottom" style= "width:4.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="10%" valign="bottom" style= "width:10.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> $   4.8 </td> <td width="3%" valign="bottom" style= "width:3.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="9%" valign="bottom" style= "width:9.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> $48.1 </td> <td width="2%" valign="bottom" style= "width:2.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:5"> <td valign="bottom" style="padding:0in 0in 0in 0in"> Operating expenses </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 9.3 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 11.9 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 19.6 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 24.1 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:6"> <td colspan="10" style="padding:0in 0in 0in 0in"> <div class="MsoNormal" align="center" style= "text-align:center"> <hr size="1" width="100%" noshade="noshade" style= "color:#ACA899" align="center" /> </div> </td> </tr> <tr style="mso-yfti-irow:7"> <td width="49%" valign="bottom" style= "width:49.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> Operating (loss) income before income taxes </td> <td width="2%" valign="bottom" style= "width:2.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="7%" valign="bottom" style= "width:7.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> (9.3 </td> <td width="3%" valign="bottom" style= "width:3.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> ) </td> <td width="10%" valign="bottom" style= "width:10.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> 15.8 </td> <td width="4%" valign="bottom" style= "width:4.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> <td width="10%" valign="bottom" style= "width:10.0%;background:#CCEEFF; padding:0in 0in 0in 0in"> (14.8 </td> <td width="3%" valign="bottom" style= "width:3.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> ) </td> <td width="9%" valign="bottom" style= "width:9.0%;background:#CCEEFF;padding: 0in 0in 0in 0in"> 24.0 </td> <td width="2%" valign="bottom" style= "width:2.0%;background:#CCEEFF;padding: 0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:8"> <td valign="bottom" style="padding:0in 0in 0in 0in"> Income tax expense </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 3.8 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 6.0 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 2.0 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> 9.3 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:9"> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> Loss on disposal of discontinued operations, net </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in">   </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> (11.8 </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> ) </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> -- </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in">   </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> (11.8 </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> ) </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in"> -- </td> <td valign="bottom" style= "background:#CCEEFF;padding:0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:10"> <td colspan="10" style="padding:0in 0in 0in 0in"> <div class="MsoNormal" align="center" style= "text-align:center"> <hr size="1" width="100%" noshade="noshade" style= "color:#ACA899" align="center" /> </div> </td> </tr> <tr style="mso-yfti-irow:11"> <td valign="bottom" style="padding:0in 0in 0in 0in"> (Loss) income from discontinued operations </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> $(24.9 </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> )  </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> $  9.8 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> $(28.6 </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> ) </td> <td valign="bottom" style="padding:0in 0in 0in 0in"> $14.7 </td> <td valign="bottom" style="padding:0in 0in 0in 0in">   </td> </tr> <tr style="mso-yfti-irow:12;mso-yfti-lastrow:yes"> <td colspan="10" style="padding:0in 0in 0in 0in"> <div class="MsoNormal" align="center" style= "text-align:center"> <hr size="3" width="100%" noshade="noshade" style= "color:#ACA899" align="center" /> </div> </td> </tr> </table>   <span style= "font-size:10.0pt;font-family:Times New Roman,serif;mso-fareast-font-family: Times New Roman;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-US; 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No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true