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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF EARLIEST EVENT REPORTED: MARCH 4, 2008

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

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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

     The ATWOOD HUNTER has completed its relocation back to Mauritania where it has commenced working under the contract commitment with Woodside Energy Ltd, which has been farmed-out to Petronas Carigali Sdn. This contract commitment, with an operating dayrate of $240,000, is expected to extend into August 2008.

     The ATWOOD SOUTHERN CROSS has completed its relocation from the Black Sea to Mediterranean Sea where it has commenced drilling one well for Turkiye Petrolleri A.O. (“TPAO”) offshore Turkey at a dayrate of $320,000. This one-well drilling program is expected to be completed around mid April 2008 whereby the rig will then be moved to Italy to drill two wells for ENI Spa AGIP Exploration & Production Division (“ENI”) at a dayrate of $406,000. ENI did not exercise their option to drill two additional wells; thus, the current two-well drilling program for ENI is expected to be completed in August or September 2008.

     The SEAHAWK continues to work offshore Equatorial Guinea for Amerada Hess Equatorial Guinea, Inc. (“HESS”) at a dayrate of $74,000 plus approximately $19,000 of amortized per day revenues. Hess has exercised the first of its four six-month options which currently commits the rig to March 2009.

     The RICHMOND completed its life enhancing upgrade in late February 2008 and is currently drilling one well for Helis Oil & Gas (“HELIS”). Immediately upon completion of the Helis work, the rig will commence a firm two-well plus one option well program for Contango Operations Inc. which, if all wells are drilled, could extend into September 2008.

     Thus far, during the second quarter of fiscal year 2008, we have incurred the following zero rate days:

      PLANNED –

           RICHMOND                                      52 Days
           ATWOOD HUNTER                        20 Days
           ATWOOD SOUTHERN CROSS       1 Day

      UNPLANNED –

           ATWOOD FALCON                           3 Days
           ATWOOD EAGLE                              5 Days

     The ATWOOD SOUTHERN CROSS could incur an additional 4 to 10 zero rate days prior to commencing the ENI contract. During the third quarter of fiscal year 2008, the ATWOOD BEACON is expected to incur 3 zero rate days for required inspections, with the SEAHAWK possibly incurring 3 to 5 zero rate days for some equipment upgrades.

Additional information with respect to the Company’s Fleet Status Report at March 4, 2008 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, 2007, filed with the Securities and Exchange Commission.

ITEM 9.01 EXHIBITS

EXHIBIT 99.1 Fleet Status Report at March 4, 2008

EXHIBIT INDEX

EXHIBIT NO. DESCRIPTION

99.1

Fleet Status Report at March 4, 2008

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: March 4, 2008

RIG NAME		RATED WATER DEPTH	LOCATION	CUSTOMER	ESTIMATED CONTRACT END DATE		ESTIMATED CONTRACT DAYRATE	UNAUDITED AVERAGE PER DAY OPERATING COSTS (NOT INCLUDING TAX) FOR THE THREE MONTHS ENDED JANUARY 31 , 2008 / MONTH ENDED JANUARY 31 , 2008 ONLY	ADDITIONAL COMMENTS
SEMISUBMERSIBLES:
ATWOOD EAGLE		5000’	Australia	BHP BILLITON PETROLEUM PTY (“BHPB”)	FIRM WORK – May 2008		Approximately $170,000	$ 95,000/$1 11 ,000	A portion of the dayrate is subject to some change due to currency exchange rate variance. (The rig incurred five unplanned zero rate days in January 2008 due to an equipment related issue.)
			Australia	ENI Spa AGIP EXPLORATION & PRODUCTION DIVISION (“ENI”)	FIRM WORK – (1 well) July 2008		Approximately $360,000	N/A	We expect the well to take 40 to 45 days to complete.
			Australia	WOODSIDE ENERGY LTD (“WOODSIDE”)	FIRM WORK – (2 years) July 2010		Approximately $405,000	N/A	A portion of the dayrate is subject to some change due to currency exchange rate variance.
			Australia	CHEVRON AUSTRALIA PTY. LTD. (“CHEVRON”)	FIRM WORK – (Until new semisubmersible arrives in Australia) February/March 2011		$430,000/$450,000	N/A	Subject to change due to cost escalation provision of contract.
			Australia	CHEVRON	OPTION WORK – Has option to continue to use rig for a mutually agreed term after the new semisubmersible arrives in Australia.		$430,000/$450,000	N/A	Subject to change due to cost escalation provision of contract.
ATWOOD HUNTER		5,000’	Mauritania	PETRONAS CARIGALI SDN. BHD. From Farmout of WOODSIDE CONTRACT	FIRM WORK August 2008		$240,000	$85,000/$87,000	In January 2008, the rig incurred twenty (20) days of planned zero rate due to certain equipment upgrades.
			TBD	N/A	N/A		N/A	N/A	The rig could incur ten (10) zero rate days in the fourth quarter of fiscal year 2009 for regulatory inspections.
ATWOOD FALCON		5,000’	Malaysia	SARAWAK SHELL BERHAD (“SHELL”)	FIRM WORK – July 2009		$160,000/ $200,000 (dayrate depends on water depth of each well) plus approximately $24,000 of amortized per day revenue	$ 66,000/$ 72 ,000 (The rig incurred three zero rate days in January and February 2008 due to equipment related issues .)	Most of the work during this period is expected to be at the $160,000 dayrate level. (The rig could incur 5 to 10 zero rate days during the fourth quarter of fiscal year 2008 or first quarter of fiscal year 2009 due to required regulatory inspections.)
			Malaysia	SHELL	OPTION – (1 year)		TBD	N/A
ATWOOD SOUTHERN CROSS	2,000’		Turkey	TURKIYE PETROLLERI A.O.	FIRM WORK – April 2008		$320,000	$ 92,000/$ 98 ,000	The rig incurred one zero rate day during its mobilization out of the Black Sea and could incur an additional 4 to 10 zero rate days prior to commencing the ENI contract.
			Italy	ENI Spa AGIP EXPLORATION & PRODUCTION DIVISION (“ENI”)	FIRM WORK – Mobilization (estimated ten (10) days) April 2008		$365,000	N/A
			Italy	ENI	FIRM WORK – Italian Certification (estimated ten (10) days) April/May 2008		$395,000	N/A
			Italy	ENI	FIRM WORK – (2 Wells) August/September 2008		$406,000	N/A
CANTILEVER JACK-UPS:
ATWOOD BEACON	400’		India	GUJARAT STATE PETROLEUM CORPORATION LTD (“GSPC”)	FIRM WORK – January 2009		$133 , 500	$ 50,000/$ 51 ,000		The rig could incur three (3) zero rate days during the third quarter of fiscal year 2008 for required inspections.
			India	GSPC	OPTIONS – (1 year)		TBD	N/A

VICKSBURG	300’		Thailand	CHEVRON OVERSEAS PETROLEUM	FIRM WORK – June 2009		$154,000	$ 50,000/$ 47 ,000
SEMISUBMERSIBLE TENDER ASSIST UNIT:
SEAHAWK	1,800’		Equatorial Guinea	AMERADA HESS EQUATORIAL GUINEA, INC. (“HESS”)		FIRM WORK – March 2009	$74 , 000 (plus approximately $ 19,000 of amortized per day revenue.)	$9 2,000/$ 88 ,000 (The rig could incur three (3) to five (5) days of zero rate days during the third quarter of fiscal year 2008 for some equipment upgrades.)		Contract provides for dayrate increases based upon certain cost escalations as well as an approximately $15,000 per day reduction during periods when the rig is being relocated to a new drilling site.
			Equatorial Guinea	HESS		OPTIONS – (2 years) September 2010 (if all the three (3) six-month options are exercised)	$76,000	N/A		Dayrate subject to increase due to contract cost escalations.
SUBMERSIBLE :
RICHMOND	70’		US Gulf of Mexico	HELIS OIL & GAS		FIRM WORK - March 2008	$80,000 for approximately 30 days/$65,000 thereafter	$1 5,000/$16,000 (Operating costs are low due to a significant portion being capitalized to the cost of the Rigs upgrade which was completed at the end of February 2008. )
			US Gulf of Mexico	CONTANGO OPERATIONS INC. (“CONTANGO”)		FIRM WORK – (2 Wells) July 2008	$65,000	N/A
			US Gulf of Mexico	CONTANGO		OPTION – (1 Well) September 2008	$65,000	N/A