NOBLE DRILLING CORP
SC 13D/A, 1996-11-22
DRILLING OIL & GAS WELLS
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.  20549

                                     SCHEDULE 13D

                      Under the Securities Exchange Act of 1934
                                  (Amendment No. 1)

                             NOBLE DRILLING CORPORATION  
                                   (Name of Issuer)

                                     Common Stock
                            (Title of Class of Securities)

                                     655042-10-9
                                    (CUSIP Number)


                                Ms. Julie J. Robertson
                          10370 Richmond Avenue - Suite 400 
                                Houston, Texas 77042 
                                    (713) 974-3131
                    (Name, Address and Telephone Number of Person 
                  Authorized to Receive Notices and Communications)

                                       January 1, 1995               
               (Date of Event which Requires Filing of this Statement)


     If the filing person has previously filed a statement on Schedule 13G to
     report the acquisition which is the subject of this Schedule 13D, and is
     filing this schedule because of Rule 13d-1(b)(3) or (4), check the
     following box (  ).

     Check the following box if a fee is being paid with the statement (  ).    
                                                              
<PAGE>



     CUSIP No. 655042-10-9


     <TABLE>
     <CAPTION>
                                                                SCHEDULE 13D 

       <S>              <C>

       1                NAME OF REPORTING PERSON
                        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                        P.A.J.W. Corporation (52-1483895)


       2                CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                              (a) ( )
                                                                                                      (b) ( )


       3                SEC USE ONLY




       4                SOURCE OF FUNDS

                        PF


       5                CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) (  )




       6                CITIZENSHIP OR PLACE OF ORGANIZATION

                        Delaware

       NUMBER OF        7       SOLE VOTING POWER
       SHARES
       BENEFICIALLY             8,326,690 
       OWNED BY EACH
       REPORTING
       PERSON WITH

                        8       SHARED VOTING POWER

                                None


                        9       SOLE DISPOSITIVE POWER

                                8,326,690 






                                                         Page 2 of 17
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     CUSIP No. 655042-10-9


                        10      SHARED DISPOSITIVE POWER

                                None


       11               AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        8,326,690


       12               CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES             (  )


       13               PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                        6.8% 

       14               TYPE OF REPORTING PERSON

                        OO 




































                                                         Page 3 of 17
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     CUSIP No. 655042-10-9


                                                                SCHEDULE 13D  

       1                NAME OF REPORTING PERSON
                        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                        Gordon P. Getty         


       2                CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                    (a) ( )
                                                                                                                            (b) ( )


       3                SEC USE ONLY



       4                SOURCE OF FUNDS 

                        PF


       5                CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) (  )          






       6                CITIZENSHIP OR PLACE OF ORGANIZATION

                        United States of America


                        7          SOLE VOTING POWER
       NUMBER OF
       SHARES                      8,326,690*                        
       BENEFICIALLY
       OWNED BY EACH    8          SHARED VOTING POWER
       REPORTING
       PERSON WITH                 250,000**


                        9          SOLE DISPOSITIVE POWER

                                   8,326,690*                         


                        10         SHARED DISPOSITIVE POWER

                                   250,000**






                                                         Page 4 of 17
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     CUSIP No. 655042-10-9


       11               AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        8,576,690                         

       12               CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES            (  )

                         

       13               PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                        7.0%
       14               TYPE OF REPORTING PERSON 

                        IN     


     *        Includes 8,326,690 shares owned by P.A.J.W. Corporation, of which Mr. Getty is the sole shareholder.

     **       Includes 250,000 shares owned by the Ann and Gordon Getty Foundation, of which Mr. Getty is a director.





































                                                         Page 5 of 17
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     CUSIP No. 655042-10-9


                                                                 SCHEDULE 13D


       1                NAME OF REPORTING PERSON
                        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                        The Ann and Gordon Getty Foundation 

       2                CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                              (a) ( )
                                                                                                      (b) ( )



       3                SEC USE ONLY



       4                SOURCE OF FUNDS

                        OO


       5                CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) (  )




       6                CITIZENSHIP OR PLACE OF ORGANIZATION

                          California      


       NUMBER OF        7       SOLE VOTING POWER
       SHARES
       BENEFICIALLY                
       OWNED BY EACH            None
       REPORTING
       PERSON WITH
                        8       SHARED VOTING POWER

                                250,000


                        9       SOLE DISPOSITIVE POWER

                                None   


                        10      SHARED DISPOSITIVE POWER

                                250,000





                                                         Page 6 of 17
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     CUSIP No. 655042-10-9


       11               AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        250,000  


       12               CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES             (  )



       13               PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                        0.2%
       14               TYPE OF REPORTING PERSON

                        OO 


     </TABLE>






































                                                         Page 7 of 17
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     CUSIP No. 655042-10-9


                              Statement on Schedule 13D


              This statement amends and supplements the Schedule 13D ("Original
     Statement") of P.A.J.W. Corporation, a Delaware Corporation ("P.A.J.W.")
     and Messrs. Gordon P. Getty and Marc E. Leland filed with the Securities
     and Exchange Commission on September 26, 1994 with respect to the
     beneficial ownership by such persons of shares of common stock, $.10 par
     value per share ("Common Stock"), of Noble Drilling Corporation, a
     Delaware corporation (the "Issuer").  

              To the extent that any information is provided herein with
     respect to the Issuer, such information is provided to the knowledge of
     P.A.J.W., Mr. Getty and The Ann and Gordon Getty Foundation ("Getty
     Foundation").

     Item 1.   Security and Issuer.
     ------    -------------------

             This amended Schedule 13D relates to shares of the Common Stock,
     $.10 par value per share, of Noble Drilling Corporation, a Delaware
     corporation.  The address of the Issuer's principal executive offices is
     10370 Richmond Avenue, Suite 400, Houston, Texas 77042.

     Item 2.   Identity and Background.
     ------    -----------------------

             This amended statement ("Amended Statement") is being filed
     jointly by P.A.J.W., Mr. Getty and the Getty Foundation.  Effective
     January 1, 1995, Marc E. Leland was no longer an executive officer or
     director of P.A.J.W. 

             (a)      P.A.J.W. is a corporation organized under the laws of the
                      State of Delaware that is in the business of providing
                      financing to and making various in investments in the oil
                      and gas.  P.A.J.W. has its business address and principal
                      business office at One Embarcadero Center, Suite 1050,
                      San Francisco, California 94111.  The directors of
                      P.A.J.W. are William A. Newsom, Henry P. Winetsky and
                      John Mallen. 

             (b)      Mr. Getty is the sole shareholder of P.A.J.W. and is a
                      director of the Getty Foundation.  He is a citizen of the
                      United States, his principal business address is One
                      Embarcadero Center, Suite 1050, San Francisco, California
                      94111, and his principal business is investing personal
                      assets.



                                                         Page 8 of 17
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     CUSIP No. 655042-10-9


             (c)      The Getty Foundation, a not for profit corporation
                      organized under the laws of the State of California, was
                      established as a private foundation.  The business
                      address of the Getty Foundation is One Embarcadero
                      Center, Suite 1050, San Francisco, California 94111.  The
                      directors of the Getty Foundation are Gordon P. Getty,
                      Lisa Delan, William A. Newsom and Henry P. Winetsky.


     During the past five years, none of the foregoing parties has (a) been
     convicted in a criminal proceeding (excluding traffic violations or
     similar misdemeanors), or (b) been party to a civil proceeding of a
     judicial or administrative body of competent jurisdiction and as a result
     of such proceeding was or is subject to a judgment, decree or final order
     enjoining future violations of, or prohibiting or mandating activities
     subject to, federal or state securities laws, or finding any violations
     with respect to such laws.

             Attached as Schedules I and II hereto and incorporated by
     reference herein are lists of the executive officers, directors and
     stockholders of P.A.J.W. and the directors of the Getty Foundation, as
     well as the present principal occupation or employment of each person
     listed therein and the name, principal business and address of any
     corporation or other organization in which such employment is conducted.

     Item 3.   Source and Amount of Funds or Other Consideration.
     ------    -------------------------------------------------

             On September 15, 1994, a wholly-owned subsidiary of the Issuer
     merged with Chiles Offshore Corporation ("Chiles") (the "Merger"),
     pursuant to an Agreement and Plan of Merger dated as of June 13, 1994 (the
     "Merger Agreement").  Pursuant to the terms of the Merger, the 11,535,587
     shares of Chiles common stock held by P.A.J.W. at the effective time of
     the Merger, were exchanged for an aggregate of 8,651,690 shares of the
     Common Stock of the Issuer.  The issuance of such shares was registered
     under the Securities Act of 1933 by means of a Registration Statement on
     Form S-4 filed by the Issuer.  The shares of Chiles held by P.A.J.W. prior
     to the Merger had been acquired in a series of investments from 1987 to
     1992.

     Item 4.   Purpose of Transaction.
     ------    ----------------------

             The acquisition of the Common Stock by P.A.J.W. was made for
     investment purposes only, with no intent of causing a change in the board
     of directors or management of the Issuer.  None of 
     P.A.J.W., Mr. Getty or the Getty Foundation has any present plans or
     proposals that relate to or would result in or cause:


                                                         Page 9 of 17
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     CUSIP No. 655042-10-9


             (a)      the acquisition by any person of additional securities of
                      the Issuer, or the disposition of securities of the
                      Issuer;

             (b)      an extraordinary corporate transaction, such as a merger,
                      reorganization or liquidation, involving the Issuer or
                      any of its subsidiaries;

             (c)      a sale or transfer of a material amount of assets of the
                      Issuer or any of its subsidiaries;

             (d)      any change in the present board of directors or
                      management of the Issuer, including any plans or
                      proposals to change the number or term of directors or to
                      fill any existing vacancies on the board;

             (e)      any material change in the present capitalization or
                      dividend policy of the Issuer;

             (f)      any other material change in the Issuer's business or
                      corporate structure;

             (g)      changes in the Issuer's charter, bylaws or instruments
                      corresponding thereto or other actions which may impede
                      the acquisition of control of the Issuer by any person;

             (h)      a class of securities of the Issuer being de-listed from
                      a national securities exchange or to cease to be
                      authorized to be quoted in an interdealer quotation
                      system of a registered national securities association;

             (i)      a class of equity securities of the Issuer becoming
                      eligible for termination of registration pursuant to
                      Section 12(g)(4) of the Securities Act of 1933; or

             (j)      any action similar to any of those enumerated above.

     Item 5.   Interest in Securities of the Issuer.
     ------    ------------------------------------

             (a)      According to the Issuer, there were 122,323,443         
     shares of Common Stock outstanding as of November 11, 1996.   P.A.J.W.
     currently owns beneficially 8,326,690 shares of the Company's Common
     Stock, representing 6.8% of the outstanding Common Stock.  The Getty
     Foundation directly owns 250,000 shares of Common Stock of the Issuer,
     representing 0.2% of the outstanding Common Stock. 

             Mr. Getty does not directly own any Common Stock of the Issuer. 
     However, because Mr. Getty is the sole shareholder of P.A.J.W. and is a

                                                         Page 10 of 17
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     CUSIP No. 655042-10-9


     director of the Getty Foundation, Mr. Getty may be deemed to own benefi-
     cially the 8,326,690 shares of Common Stock held by P.A.J.W. and the
     250,000 shares of Common Stock held by the Getty Foundation (representing
     6.8% and 0.2%, respectively, of the outstanding Common Stock) as described
     above. 

             (b)      P.A.J.W. has sole voting and dispositive power with
     respect to the shares of the Issuer's Common Stock held by it.  The Getty
     Foundation shares with Mr. Getty voting and dispositive power over the
     250,000 shares of the Issuer that the Getty Foundation owns directly.  As
     described above, Mr. Getty may also be deemed to have sole voting and
     dispositive power with respect to the shares owned by P.A.J.W.   

             (c)      At the time of the filing date of the Original Statement,
     P.A.J.W. owned 8,651,690 shares of the Issuer.  On October 31, 1996,
     P.A.J.W. sold 75,000 shares of the Issuer in open market transactions and
     on November 14, 1996, P.A.J.W. transferred 250,000 shares of the Issuer to
     the Getty Foundation as a gift.

             (d)      Except as set forth in this Amended Statement, no other
     person is known to have the right to receive or the power to direct the
     receipt of dividends from, or the proceeds from the sale of the securities
     of the Issuer that are owned beneficially by the reporting persons.

             (e)      Item 5(e) is not applicable to this Amended Statement.

     Item 6.   Contracts, Arrangements, Understandings or Relationships with
               Respect to Securities of the Issuer.
               -------------------------------------------------------------

             In accordance with the Merger Agreement, on September 15, 1994,
     P.A.J.W. and the Issuer entered a Registration Rights Agreement granting
     P.A.J.W. certain rights to cause the Issuer to register for sale under the
     Securities Act of 1933 the shares of Common Stock acquired by P.A.J.W. in
     the Merger, and certain rights to include such shares in any registration
     effected by the Issuer with respect to the Issuer's Common Stock.  The
     Registration Rights Agreement will expire on September 15, 1999, and,
     subject to certain limitations, entitles P.A.J.W. to two "demand"
     registration and unlimited "piggyback" registrations as described above. 
     Generally, the Registration Rights Agreement provides that expenses
     incurred in connection with a demand registration will be borne by
     P.A.J.W., and expenses incurred in connection with a piggyback registra-
     tion, other than underwriting discounts and commissions applicable to
     shares sold by P.A.J.W., will be borne by the Issuer.  A copy of the
     Registration Rights Agreement was previously filed as an exhibit to the
     Original Statement, and its terms are incorporate herein by reference.




                                                         Page 11 of 17
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     CUSIP No. 655042-10-9


             Mr. Leland is no longer associated with P.A.J.W. Accordingly, the
     Joint Filing Agreement executed as of September 21, 1994 was terminated on
     November 19, 1996. 

     Item 7.   Material to be filed as Exhibits.
     ------    --------------------------------

             (a)      Joint Filing Agreement dated as of November 20, 1996.










































                                                         Page 12 of 17
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     CUSIP No. 655042-10-9


                                     Schedule I
                                     ----------

     William A. Newsom      Trust Administrator, The Getty Trusts, engaged in
                            private investment activities.  President and a
                            director of P.A.J.W. Mr. Newsom's business address
                            is 3717 Buchanan Street, Second Floor, San
                            Francisco, California 94123. 

     Henry P. Winetsky      General Counsel, Valejo Company; engaged in private
                            investment activities. Secretary and Treasurer and
                            a director of P.A.J.W. Mr. Winetsky's business
                            address is One Embarcadero Center, Suite 1050, San
                            Francisco, California 94111.

     John Mallen            Attorney, Mallen & Cabrinha, 12901 Saratoga Avenue,
                            Suite 2, Saratoga, California 95070. Vice President
                            and a director of P.A.J.W.
































                                                         Page 13 of 17
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     CUSIP No. 655042-10-9


                                     Schedule II
                                     -----------


     Gordon P. Getty      Self-employed; investor, engaged in private
                          investment activities.  Director of the Getty
                          Foundation.  Mr. Getty's business address is One
                          Embarcadero Center, Suite 1050, San Francisco,
                          California 94111.

     Lisa Delan           Managing Director, Rork Music; engaged in publishing
                          music and arranging performances. Director of the
                          Getty Foundation. Ms. Delan's business address is One
                          Embarcadero Center, Suite 1050, San Francisco,
                          California 94111.

     William A. Newsom    Trust Administrator, The Getty Trusts, engaged in
                          private investment activities. Director of the Getty
                          Foundation. Mr. Newsom's business address is 3717
                          Buchanan Street, Second Floor, San Francisco,
                          California 94123. 

     Henry P. Winetsky    General Counsel, Valejo Company; engaged in private
                          investment activities. Director of the Getty
                          Foundation. Mr. Winetsky's business address is One
                          Embarcadero Center, Suite 1050, San Francisco,
                          California 94111.























                                                         Page 14 of 17
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     CUSIP No. 655042-10-9


                                     SIGNATURES
                                     ----------

             After reasonable inquiry and to the best of my knowledge and
     belief, I certify that the information set forth in this statement is
     true, complete and correct.


     Date:  November 20, 1996


                                       P.A.J.W. CORPORATION         



                                       By: /s/ Henry P. Winetsky
                                           ------------------------
                                               Henry P. Winetsky


                                       GORDON P. GETTY


                                       /s/ Gordon P. Getty
                                       ------------------------
                                           Gordon P. Getty



                                       THE ANN AND GORDON GETTY FOUNDATION



                                       By:  /s/ William A. Newsom
                                           --------------------------
                                                William A. Newsom














                                                         Page 15 of 17
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     CUSIP No. 655042-10-9


                                    EXHIBIT INDEX


     Exhibit

     (a)     Joint Filing Agreement dated as of November 20, 1996.












































                                                         Page 16 of 17
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     CUSIP No. 655042-10-9


                                     Exhibit (a)

                                JOINT FILING AGREEMENT

             The undersigned each agree that (i) the Amended Statement on
     Schedule 13D relating to the Common Stock, $.10 par value, of Noble
     Drilling Corporation  is adopted and filed on behalf of each of them, (ii)
     all future amendments to such Statement on Schedule 13D will, unless
     written notice to the contrary is delivered as described below, be jointly
     filed on behalf of each of them, and (iii) the provisions of Rule 13d-
     (f)(1) under the Securities Exchange Act of 1934 apply to each of them. 
     This Amended Agreement may be terminated with respect to the obligation to
     jointly file future amendments to such Amended Statement on Schedule 13D
     as to any of the undersigned upon such person giving written notice
     thereof to each of the other persons signatory hereto, at the principal
     office thereof.

             EXECUTED as of November 20, 1996.


                                       P.A.J.W. CORPORATION         



                                       By: /s/ Henry P. Winetsky
                                           ------------------------
                                               Henry P. Winetsky


                                       GORDON P. GETTY


                                       /s/ Gordon P. Getty
                                       ------------------------
                                           Gordon P. Getty



                                       THE ANN AND GORDON GETTY FOUNDATION



                                       By:  /s/ William A. Newsom
                                           --------------------------
                                                William A. Newsom





                                                         Page 17 of 17
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