ATP Oil and Gas - Largest Volvo Overseas Delivery Car Order in History

Largest Volvo Overseas Delivery Car Order in History

In 2006, on behalf of its employees, the company placed the largest single non-fleet order for overseas delivery in the Volvo carmaker's history. Every employee of the company was given the option to receive a new Volvo car and a trip to Sweden.

This record order was a result of a challenge made by the company to its employees to reach certain corporate goals for the year. The challenge was that if the goals were met, every employee regardless of rank or job description would receive a new 2006 Volvo S60 sedan and a trip to Sweden to take delivery of the car. Paul Bulmahn, the Chairman and President of the company disqualified himself from receiving the bonus.

Production goals included:

  • beginning production of the deepwater Mississippi Canyon Block 711 field, also known as Gomez, *increasing the company's production of natural gas to 160 million cubic feet (4,500,000 m3) per day (nearly a triple production of the previous year),
  • obtaining a 200% reserve replacement (the goal was exceeded with a replacement rate of 1,367% rate),
  • completing six Gulf of Mexico and three North Sea projects

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