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                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                      CityplaceWASHINGTON, StateD.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: NOVEMBER 9, 2006


                              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))

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ITEM 7.01         REGULATION FD DISCLOSURE

     The Company's Fleet Status Report at November 9, 2006 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 18 of the Exchange Act. The Fleet Status
Report  has also been  posted on the  Company's  website  at  www.atwd.com.  All
changes from the Company's  last Fleet Status Report dated  November 9, 2006 are
highlighted in yellow on the Company's website.

     The ATWOOD  FALCON  completed  its  shipyard  project  within its  expected
budgeted  total cost of  approximately  $32 million.  As a result of expensing a
portion of these costs in September 2006,  operating costs for the ATWOOD FALCON
during the quarter and month ended September 30, 2006 were higher than normal at
$56,000 and $85,000,  respectively.  We expect to expense  another $5 million of
shipyard  related  costs  during the first  quarter of fiscal year 2007 which is
expected to result in the ATWOOD  FALCON's total operating costs for the quarter
ending December 31, 2006 to be between $8 million and $9 million.  Due primarily
to weather  related  delays,  the rig incurred four (4) days of zero rate at the
end of the  shipyard  period.  The  rig is  currently  preparing  to  recommence
drilling     operations.     The    ATWOOD     BEACON    is     currently     in
placecountry-regionSingapore  having  its last  leg  sections  reattached.  This
process is now expected to take until the end of November 2006 to complete, with
a loss of hire insurance coverage of $70,000 per day to be receiving during this
period. Following the reattachment of the leg sections, the rig will be moved to
placecountry-regionIndia   to  commence  its  twenty-five  (25)  month  contract
commitment with Gujarat State Petroleum  Corporation Ltd. The  CityVICKSBURG has
commenced its two (2) year and eight (8) month contract  commitment with Chevron
in placecountry-regionThailand.

     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, 2005, filed with the Securities and Exchange Commission.



ITEM 9.01         EXHIBITS

EXHIBIT 99.1    FLEET STATUS REPORT NOVEMBER 9, 2006



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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:    November 9, 2006






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                                  EXHIBIT INDEX


EXHIBIT NO.                 DESCRIPTION

99.1               Fleet Status Report at November 9, 2006
















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