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Ocean Rig UDW (Ocean Rig UDW) Allowance For Loans And Lease Losses


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What is Ocean Rig UDW Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Ocean Rig UDW (Ocean Rig UDW) Business Description

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Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.