Attached files
file | filename |
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8-K - NOBLE CORP 8-K 7-8-2010 - Noble Finance Co | form8k.htm |
Exhibit 99.1
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 8, 2010
|
.
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Approximate actual and estimated unpaid down time days *
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|||||||||||||||
RIG
|
RIG DESIGN
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YEAR BUILT / REBUILT
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WATER DEPTH
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LOCATION
|
OPERATOR
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ESTIMATED CONTRACT START DATE
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ESTIMATED CONTRACT EXPIRATION DATE
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FULL CONTRACT DAYRATE ($000)
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COMMENTS
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2Q-10
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3Q-10
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3Q-10
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4Q-10
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||||
A
|
A
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E
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E
|
||||||||||||||
This fleet status report contains information on contracts and letters of intent or awards with our customers. Letters of intent or awards are noted in the comments section and may not result in an actual drilling contract. The information contained in this fleet status report is as of the date of the report only and is subject to change without notice to the recipient, and we assume no duty to update any portion of the information contained herein. This fleet status report contains statements that are not historical facts, which are “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements about estimated duration of client contracts, contract dayrate amounts, future contract commencement dates, shipyard projects, our business, financial performance and prospects. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to have been correct. Various factors could cause actual results to differ materially.
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|||||||||||||||||
Full Contract Dayrate reflects the full daywork operating rate payable to the Company by the operator as provided in the applicable drilling contract unless otherwise specified. The average dayrate over the term of the contract will be lower and could be substantially lower. The actual average dayrate will depend upon a number of factors (rig downtime, suspension of operations, etc.) including some beyond our control. Our client contracts and operations are generally subject to a number of risks and uncertainties. We discuss these factors, including risks, uncertainties and assumptions concerning actions by our clients, governments and other third parties, drilling activity levels, market conditions, operational difficulties, weather related events and other matters, from time to time in our filings with the U.S. Securities and Exchange Commission (“SEC”), which we urge you to review and which are available free of charge on the SEC’s Web site at www.sec.gov.
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|||||||||||||||||
The Company recently announced that it has entered into a merger agreement pursuant to which it will acquire privately-held FDR Holdings Limited ("Frontier"). The Company also announced at the same time several agreements with Royal Dutch Shell plc ("Shell"), including new long-term contracts for the Noble Globetrotter and a second newbuild rig, and a 3-year extension for the Noble Jim Thompson, each of which is subject to the closing of the Frontier transaction. Because the Frontier transaction has not closed, this fleet status report does not include any information regarding the Frontier fleet or any of the Shell agreements that are subject to such closing.
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|||||||||||||||||
U.S. Gulf of Mexico Semisubmersibles (6)
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|||||||||||||||||
Noble Danny Adkins - Newbuild
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Bingo 9000
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1999/2009
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12,000'-DP
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In-transit & acceptance testing
|
Shell
|
10/16/2009
|
5/25/2010
|
424-426
|
55
|
||||||||
US GOM
|
Shell
|
5/26/2010
|
6/26/2010
|
446-448
|
|||||||||||||
US GOM
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Shell
|
6/27/2010
|
11/30/2010
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68-70
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Suspension rate during period of limitation on certain activities in the U.S. Gulf of Mexico. Shell will provide certain operational support in addition to suspension rate. The suspension period shall be extended in the event the period of limitation on certain activities in the U.S. Gulf of Mexico is suspended.
|
||||||||||||
US GOM
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Shell
|
12/01/2010
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2/15/2014
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446-448
|
|
||||||||||||
Noble Clyde Boudreaux (a, b)
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F&G 9500 Enhanced Pacesetter
|
1987/2007
|
10,000'
|
US GOM
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Noble Energy
|
11/16/2009
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6/14/2010
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604-606
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13 | ||||||||
US GOM
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Noble Energy
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6/15/2010
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12/12/2010
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144-146
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Standby rate from June 15, 2010 though December 12, 2010. Pursuant to the agreement reached regarding the standby period, the companies have agreed to negotiate in good faith to enter into a new drilling contract for the unit following the standby period at a dayrate of $396,000 - $398,000. The parties contemplate that the term of this new contract would be equal to the remainder of the original contract term, previously expected to end in November 2011, exclusive of the standby period. However, there is no guarantee that agreement or a new contract will be reached.
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||||||||||||
Noble Amos Runner (a)
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Noble EVA 4000™
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1982/1999
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8,000'
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US GOM
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Anadarko
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4/25/2008
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3/08/2011
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439-441
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We have a dispute with our client, Anadarko, who terminated the drilling contract effective June 13, 2010 under the force majeure provisions of the contract. We do not believe Anadarko had the right to terminate and have included the related revenues in our backlog ($117 million). We will not realize this amount if Anadarko is successful in the related litigation.
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||||||||
Noble Jim Thompson (a)
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Noble EVA 4000™
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1984/1999
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6,000'
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US GOM
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Shell
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3/02/2009
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6/26/2010
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504-506
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4
|
||||||||
US GOM
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Shell
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6/27/2010
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11/30/2010
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46-48
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Suspension rate during period of limitation on certain activities in the U.S. Gulf of Mexico. Shell will provide certain operational support in addition to suspension rate. The suspension period shall be extended in the event the period of limitation on certain activities in the U.S. Gulf of Mexico is suspended.
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||||||||||||
US GOM
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Shell
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12/01/2010
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2/28/2011
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504-506
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Pursuant to our agreement with Shell and subject to the Frontier transaction closing, Noble will reduce the current dayrate to $335,000 - $337,000 as of the Frontier closing date. This same dayrate, plus an increase for anticipated capital expenditures expected to be incurred at the request of Shell, will also apply during a three-year extension, which is scheduled to begin following the conclusion of the current contract in March 2011 (plus the suspension period and plus any upgrade period to the extent it occurs beyond the period of suspension) and is subject to the closing of the Frontier transaction. The revised dayrate will be eligible for a 15% performance bonus.
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||||||||||||
|
|||||||||||||||||
Noble Paul Romano (a)
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Noble EVA 4000™
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1981/1998
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6,000'
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US GOM
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Marathon
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2/17/2010
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6/15/2010
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374-376
|
|||||||||
6/16/2010
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-
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Available.
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19
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8
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|||||||||||||
Noble Lorris Bouzigard (b)
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Pentagone 85
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1975/2003
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4,000'
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US GOM
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LLOG
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6/23/2008
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6/24/2010
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269-271
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2
|
||||||||
US GOM
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LLOG
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6/25/2010
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6/24/2011
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334-336
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|||||||||||||
U.S. Gulf of Mexico Submersibles (2)
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|||||||||||||||||
Noble Joe Alford
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Pace Marine 85G
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1982/2006
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70’-C
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US GOM
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Shipyard
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9/17/2009
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-
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Cold Stacked.
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91
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8
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84
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92
|
|||||
Noble Lester Pettus
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Pace Marine 85G
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1982/2007
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70’-C
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US GOM
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Shipyard
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6/10/2009
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-
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Cold Stacked.
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91
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8
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84
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92
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|||||
Mexico Semisubmersible (1) (c)
|
|||||||||||||||||
Noble Max Smith
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Noble EVA 4000™
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1980/1999
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7,000'
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Bay of Campeche
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Pemex
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8/01/2008
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7/31/2011
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483-485
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|||||||||
Mexico Jackups (12) (c, d)
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|||||||||||||||||
Noble Bill Jennings
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MLT Class 84-E.R.C.
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1975/1997
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390’-IC
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Bay of Campeche
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Pemex
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3/18/2010
|
6/17/2010
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109-111
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This contract commenced 6/18/2008. This contract reprices every three months based on an index of jackup rates in seven international regions. On 3/18/2010, the contract repriced at a new dayrate of $109k-$111k.
|
||||||||
Bay of Campeche
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Pemex
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6/18/2010
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11/10/2010
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94-96
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Received contract extension.
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7
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|||||||||||
Noble Eddie Paul
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MLT Class 84-E.R.C.
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1976/1995
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390’-IC
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Bay of Campeche
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Pemex
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1/01/2010
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6/03/2010
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127-129
|
|||||||||
Bay of Campeche
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Pemex
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6/04/2010
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7/31/2010
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94-96
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Received a direct assignment.
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||||||||||||
Noble Leonard Jones
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MLT Class 53-E.R.C.
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1972/1998
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390’-IC
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Bay of Campeche
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Pemex
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3/31/2010
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6/22/2010
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104-106
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We have received a contract extension on Part 3 which extends the contract from 3/31/2010 to 6/22/2010 at a dayrate of $104k-$106k.
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||||||||
TBA
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TBA
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6/23/2010
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-
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Available.
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7
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8
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|||||||||||
Noble Johnnie Hoffman
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Baker Marine BMC 300
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1976/1993
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300’-IC
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Bay of Campeche
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Pemex
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10/31/2007
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4/14/2010
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170-172
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|||||||||
Bay of Campeche
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Pemex
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4/15/2010
|
7/25/2010
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84-86
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Received contract extension. We have received a letter requesting a contract extension which, subject to agreement on dayrate, would extend the contract to 10/13/2010.
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||||||||||||
Noble Gene Rosser
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Levingston Class 111-C
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1977/1996
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300’-IC
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Bay of Campeche
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Pemex
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12/21/2007
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6/19/2010
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170-172
|
|||||||||
Bay of Campeche
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Pemex
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6/20/2010
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12/19/2010
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79-81
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Received contract extension.
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2
|
|||||||||||
Noble John Sandifer
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Levingston Class 111-C
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1975/1995
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300’-IC
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Bay of Campeche
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Pemex
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3/21/2010
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6/17/2010
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84-86
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10
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||||||||
Bay of Campeche
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Pemex
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6/17/2010
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9/18/2010
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79-81
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Received contract extension.
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||||||||||||
Noble Lewis Dugger
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Levingston Class 111-C
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1977/1997
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300’-IC
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Bay of Campeche
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Pemex
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3/18/2010
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5/29/2010
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84-86
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This contract commenced 6/18/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 3/18/2010, the contract repriced at a new dayrate of $84k-$86k.
|
||||||||
Bay of Campeche
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Pemex
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5/30/2010
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10/18/2010
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79-81
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Received a direct assignment.
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||||||||||||
Noble Sam Noble
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Levingston Class 111-C
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1982
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300’-IC
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Bay of Campeche
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Pemex
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3/22/2010
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9/19/2010
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84-86
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Received contract extension.
|
10
|
|||||||
Noble Roy Butler
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F&G L-780 MOD II
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1982/1998
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250’-IC (f)
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Bay of Campeche
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Pemex
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3/06/2009
|
4/23/2010
|
167-169
|
We have received a letter requesting an extension which, subject to agreement on dayrate, would extend the contract to 7/18/2010.
|
||||||||
Bay of Campeche
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Pemex
|
4/24/2010
|
7/18/2010
|
59-61
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Received contract extension.
|
||||||||||||
Bay of Campeche
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Pemex
|
7/19/2010
|
3/29/2011
|
62-64
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Received a letter of award.
|
||||||||||||
Noble Earl Frederickson
|
MLT Class 82-SD-C
|
1979/1999
|
250’-IC
|
Bay of Campeche
|
Pemex
|
1/13/2010
|
4/12/2010
|
76-78
|
This contract commenced 7/13/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 1/13/2010, the contract repriced at a dayrate of $76k-$78k.
|
21
|
|||||||
Bay of Campeche
|
Pemex
|
4/13/2010
|
8/25/2010
|
67-69
|
On 4/13/2010, the contract repriced at a dayrate of $67k-$69k. The next date on which the contract is expected to reprice is 7/13/2010.
|
||||||||||||
Noble Tom Jobe
|
MLT Class 82-SD-C
|
1982
|
250’-IC
|
Bay of Campeche
|
Pemex
|
2/07/2010
|
5/06/2010
|
78-80
|
This contract commenced 8/07/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 2/07/2010, the contract repriced at a new dayrate of $78k-$80k.
|
||||||||
Bay of Campeche
|
Pemex
|
5/07/2010
|
12/06/2011
|
77-79
|
On 5/07/2010, the contract repriced at a new dayrate of $77k-$79k. The next date on which the contract is expected to reprice is 8/07/2010.
|
2
|
10
|
||||||||||
Noble Carl Norberg
|
MLT Class 82-C
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1976/2003
|
250'-IC
|
Bay of Campeche
|
Pemex
|
6/02/2010
|
3/02/2011
|
76-78
|
This contract commenced on 3/02/2009. The contract reprices every three months based on an index of jackup rates in seven international regions. On 6/02/2010, the contract repriced at a new dayrate of $76k-$78k. The next date on which the contract is expected to reprice is 9/02/2010.
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1
|
10
|
||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
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Page 1 of 3
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 8, 2010
|
|
Approximate actual and estimated unpaid down time days *
|
|||||||||||||||
RIG
|
RIG DESIGN
|
YEAR BUILT / REBUILT
|
WATER DEPTH
|
LOCATION
|
OPERATOR
|
ESTIMATED CONTRACT START DATE
|
ESTIMATED CONTRACT EXPIRATION DATE
|
FULL CONTRACT DAYRATE ($000)
|
COMMENTS
|
2Q-10
|
3Q-10
|
3Q-10
|
4Q-10
|
||||
A
|
A
|
E
|
E
|
||||||||||||||
Brazil Semisubmersibles (3) (c )
|
|||||||||||||||||
Noble Dave Beard - Newbuild
|
F&G 9500 Enhanced Pacesetter
|
1986/2008
|
10,000'-DP
|
Brazil
|
Petrobras
|
3/19/2010
|
3/18/2015
|
219-221
|
Eligible for a maximum 15% bonus.
|
52
|
2
|
||||||
Noble Paul Wolff
|
Noble EVA 4000™
|
1981/1999/
2006
|
9,200'-DP
|
Brazil
|
Petrobras
|
11/04/2009
|
11/03/2014
|
427-429
|
Eligible for a maximum 15% performance bonus.
|
3
|
1
|
||||||
Noble Therald Martin (b)
|
Pentagone 85
|
1977/2004
|
4,000'
|
Brazil
|
Petrobras
|
4/11/2007
|
10/17/2010
|
113-115
|
Eligible for a maximum of 15% performance bonus.
|
||||||||
Brazil
|
Petrobras
|
10/18/2010
|
10/17/2015
|
269-271
|
Eligible for a maximum of 10% performance bonus.
|
10
|
16
|
||||||||||
Brazil Drillships (3) (c )
|
|||||||||||||||||
Noble Roger Eason (b)
|
NAM Nedlloyd-C
|
1977/2005
|
7,200'-DP
|
Brazil
|
Petrobras
|
3/15/2010
|
2/21/2012
|
346-348
|
Eligible for a maximum of 15% performance bonus.
|
78
|
7
|
||||||
Brazil
|
Petrobras
|
2/22/2012
|
10/19/2012
|
89-91
|
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected tobe paid at a dayrate of $89k-$91k.
|
||||||||||||
Brazil
|
Petrobras
|
10/20/2012
|
8/12/2016
|
346-348
|
Eligible for a maximum of 15% performance bonus.
|
||||||||||||
Noble Leo Segerius (b)
|
Gusto Engineering Pelican Class
|
1981/2002
|
5,600’-DP
|
Brazil
|
Petrobras
|
6/30/2009
|
3/07/2011
|
300-302
|
Eligible for a maximum of 15% performance bonus.
|
41
|
3
|
||||||
Brazil
|
Petrobras
|
3/08/2011
|
11/03/2011
|
89-91
|
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k.
|
||||||||||||
Brazil
|
Petrobras
|
11/04/2011
|
1/23/2016
|
300-302
|
Eligible for a maximum of 15% performance bonus.
|
||||||||||||
Noble Muravlenko
|
Gusto Engineering Pelican Class
|
1982/1997
|
4,900’-DP
|
Brazil
|
Petrobras
|
5/10/2009
|
2/11/2013
|
289-291
|
Eligible for a maximum of 15% performance bonus.
|
10
|
3
|
||||||
Brazil
|
Petrobras
|
2/12/2013
|
10/10/2013
|
89-91
|
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k.
|
||||||||||||
Brazil
|
Petrobras
|
10/11/2013
|
8/14/2015
|
289-291
|
Eligible for a maximum of 15% performance bonus.
|
||||||||||||
North Sea Semisubmersible (1)
|
|||||||||||||||||
Noble Ton van Langeveld
|
Offshore Co. SCP III Mark 2
|
1979/2000
|
1,500'
|
United Kingdom
|
Centrica/Maersk
|
6/30/2009
|
6/29/2010
|
379-381
|
|||||||||
United Kingdom
|
Centrica/Maersk
|
6/30/2010
|
10/14/2010
|
246-248
|
4
|
||||||||||||
North Sea/Mediterranean Semisubmersible (1)
|
|||||||||||||||||
Noble Homer Ferrington
|
F&G 9500 Enhanced Pacesetter
|
1985/2004
|
7,200
|
Libya
|
ExxonMobil
|
4/18/2009
|
4/17/2012
|
536-538
|
Uplift in dayrate for operations in Libya from contract dayrate of $505k-$507k per day included. Upgrades, repairs, and inspections between wells.
|
73
|
|
||||||
North Sea Jackups (9)
|
|||||||||||||||||
Noble Hans Deul
|
F&G JU-2000E
|
2009
|
400'-IC
|
Netherlands
|
Shell
|
2/06/2009
|
2/05/2011
|
127-129
|
|||||||||
United Kingdom
|
Shell
|
2/06/2011
|
2/05/2013
|
174-176
|
Received two-year extension.
|
||||||||||||
Noble Scott Marks
|
F&G JU-2000E
|
2009
|
400'-IC
|
United Kingdom
|
Centrica
|
9/07/2009
|
9/06/2011
|
212-214
|
Dayrate includes cost escalation adjustments.
|
||||||||
Noble Julie Robertson
|
Baker Marine Europe Class
|
1981/2001
|
390'-IC (e)
|
United Kingdom
|
Centrica
|
9/15/2009
|
9/17/2010
|
211-213
|
|||||||||
|
|||||||||||||||||
Noble Al White
|
CFEM T-2005-C
|
1982/2005
|
360’-IC
|
Netherlands
|
Total
|
12/03/2009
|
6/03/2011
|
111-113
|
Plus a six month priced option.
|
||||||||
Noble Byron Welliver
|
CFEM T-2005-C
|
1982
|
300’-IC
|
United Kingdom
|
ATP
|
3/03/2010
|
10/31/2010
|
85-87
|
|||||||||
Noble Lynda Bossler
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Cirrus Energy
|
4/01/2010
|
7/31/2010
|
88-90
|
|||||||||
Noble Piet van Ede
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Gaz de France
|
2/23/2010
|
8/31/2010
|
108-110
|
Two-well extension.
|
||||||||
Shipyard
|
9/1/2010
|
9/30/2010
|
-
|
Enter the shipyard on 9/01/2010 for 30 days at zero dayrate.
|
30
|
||||||||||||
Netherlands
|
Gaz de France
|
10/1/2010
|
9/30/2011
|
85-87
|
Received one-year extension.
|
||||||||||||
Noble Ronald Hoope
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Gaz de France
|
2/23/2010
|
8/15/2010
|
92-94
|
Plus two priced option wells; estimated time to complete each well is +/- 60 days.
|
||||||||
Netherlands
|
Gaz de France
|
8/16/2010
|
1/15/2011
|
86-88
|
Received two-well extension.
|
||||||||||||
Noble George Sauvageau
|
NAM Nedlloyd-C
|
1981
|
250’-IC
|
Netherlands
|
Wintershall
|
1/01/2010
|
12/31/2010
|
117-119
|
|||||||||
West Africa Jackups (5) (c )
|
|||||||||||||||||
Noble Percy Johns
|
F&G L-780 MOD II
|
1981/1995
|
300’-IC
|
Nigeria
|
ExxonMobil
|
3/26/2010
|
6/30/2010
|
84-86
|
|||||||||
Nigeria
|
ExxonMobil
|
7/01/2010
|
6/30/2012
|
84-86
|
2-years firm plus a 1-year priced option; which is subject to a 240-day notice of cancellation.
|
19 | |||||||||||
Noble Tommy Craighead
|
F&G L-780 MOD II
|
1982/2003
|
300’-IC
|
Cameroon
|
Shipyard
|
5/19/2009
|
4/30/2010
|
-
|
Available.
|
30
|
|||||||
Cameroon
|
EurOil
|
5/01/2010
|
8/31/2010
|
89-91
|
Received contract for two wells plus two - one well priced options.
|
||||||||||||
Noble Ed Noble
|
MLT Class 82-SD-C
|
1984/2003
|
250’-IC
|
Nigeria
|
ExxonMobil
|
2/01/2010
|
6/30/2010
|
84-86
|
|||||||||
Nigeria
|
ExxonMobil
|
7/01/2010
|
6/30/2012
|
84-86
|
2-years firm plus a 1-year priced option; which is subject to a 240-day notice of cancellation.
|
||||||||||||
Noble Lloyd Noble
|
MLT Class 82-SD-C
|
1983/1990
|
250’-IC
|
Nigeria
|
Amni
|
1/07/2010
|
7/16/2010
|
89-91
|
|||||||||
Noble Don Walker
|
Baker Marine BMC 150-SD
|
1982/1992
|
150’-IC
|
Cameroon
|
Shipyard
|
3/11/2009
|
-
|
Available.
|
91
|
8
|
|||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
Page 2 of 3
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 8, 2010
|
.
|
Approximate actual and estimated unpaid down time days *
|
|||||||||||||||
RIG
|
RIG DESIGN
|
YEAR BUILT / REBUILT
|
WATER DEPTH
|
LOCATION
|
OPERATOR
|
ESTIMATED CONTRACT START DATE
|
ESTIMATED CONTRACT EXPIRATION DATE
|
FULL CONTRACT DAYRATE ($000)
|
COMMENTS
|
2Q-10
|
3Q-10
|
3Q-10
|
4Q-10
|
||||
A
|
A
|
E
|
E
|
||||||||||||||
Arabian Gulf Jackups (14) (c )
|
|||||||||||||||||
Noble Roger Lewis
|
F&G JU-2000E
|
2007
|
400'-IC
|
Qatar
|
Shell
|
2/03/2008
|
4/27/2010
|
104-106
|
|||||||||
UAE/Hamriyah
|
Shipyard
|
4/28/2010
|
8/26/2010
|
-
|
Installation of leg extensions; upgrading steel.
|
71
|
8
|
41
|
|||||||||
Noble Jimmy Puckett
|
F&G L-780 MOD II
|
1982/2002
|
300'-IC
|
Qatar
|
RasGas
|
6/19/2009
|
4/04/2010
|
59-61
|
|||||||||
Qatar
|
RasGas
|
4/05/2010
|
4/04/2012
|
71-73
|
Option wells converted to a fixed contract which is subject to 120-day notice of cancellation plus a two-year priced option.
|
||||||||||||
Noble Kenneth Delaney
|
F&G L-780 MOD II
|
1983/1998
|
300'-IC
|
Qatar
|
QatarGas 3 & 4
|
4/1/2010
|
5/14/2010
|
99-101
|
|||||||||
UAE (Hamriyah)
|
Shipyard
|
5/15/2010
|
8/31/2010
|
-
|
46
|
8
|
54
|
||||||||||
India
|
Deepwater Drilling/ONGC
|
9/01/2010
|
8/31/2013
|
49-51
|
Received a letter of award. Rig bareboat which would be chartered to Deepwater Drilling which is contracted with ONGC.
|
||||||||||||
Noble Gus Androes
|
Levingston Class 111-C
|
1982/2004
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
8/11/2009
|
11/11/2010
|
51-53
|
Rig substitution for Noble David Tinsley contract; rig to serve as an accommodation.
|
||||||||
Noble Harvey Duhaney
|
Levingston Class 111-C
|
1976/2001
|
300'-IC
|
Qatar
|
Total
|
4/05/2009
|
6/04/2010
|
84-86
|
|||||||||
Qatar
|
Total
|
6/05/2010
|
12/01/2011
|
59-61
|
Contract is subject to a 60-day notice of cancellation.
|
||||||||||||
Noble Alan Hay
|
Levingston Class 111-C
|
1980/2005
|
300'-IC
|
UAE (Dubai)
|
Dubai Petroleum
|
10/12/2009
|
11/15/2011
|
#
|
Rate withheld at request of operator. Contract is subject to a 90-day notice of cancellation. Entered the shipyard on 5/20/2010 for 90 days at zero dayrate for upgrades and survey; the Noble Roy Rhodes will be substituted during this period.
|
41
|
8
|
41
|
|||||
Noble Roy Rhodes
|
MLT Class 116-C
|
1979/2009
|
300’-IC
|
UAE (Sharjah)
|
Shipyard
|
1/01/2010
|
6/22/2010
|
-
|
Upgrades and regulatory inspection, then available.
|
87
|
|||||||
UAE (Dubai)
|
Dubai Petroleum
|
6/23/2010
|
9/05/2010
|
#
|
Rig substitution for the Noble Alan Hay (formerly the Noble Mark Burns).
|
||||||||||||
Noble Joe Beall
|
Modec 300C-38
|
1981/2004
|
300'-IC
|
Qatar
|
McDermott
|
11/10/2009
|
8/24/2010
|
53-55
|
Accommodation work.
|
||||||||
Noble David Tinsley
|
Modec 300C-38
|
1981/2004
|
300'-IC
|
UAE (Hamriyah)
|
Shipyard
|
5/09/2009
|
9/30/2010
|
-
|
Estimated timing for leg repair/replacement.
|
91
|
8
|
84
|
|||||
Noble Gene House
|
Modec 300C-38
|
1981/1998
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
5/21/2009
|
9/15/2010
|
47-49
|
Accommodation work.
|
||||||||
Noble Charles Copeland
|
MLT Class 82-SD-C
|
1979/2001
|
280’-IC
|
UAE (Hamriyah)
|
Shipyard
|
12/01/2009
|
-
|
Available.
|
91
|
8
|
|||||||
Noble Chuck Syring
|
MLT Class 82-C
|
1976/1996
|
250’-IC
|
Qatar
|
RasGas
|
2/04/2010
|
2/03/2011
|
47-49
|
Accommodation work. Contract is subject to a 120-day notice of cancellation.
|
||||||||
Dhabi II
|
Baker Marine BMC 150
|
1982/2006
|
150'-IC
|
UAE (Abu Dhabi)
|
ADOC
|
7/15/2008
|
7/14/2011
|
91-93
|
|||||||||
Noble Dick Favor
|
Baker Marine BMC 150
|
1982/2004
|
150'-IC
|
Bahrain
|
Occidental
|
12/29/2009
|
2/17/2010
|
69-71
|
|||||||||
UAE (Hamriyah)
|
Shipyard
|
2/18/2010
|
-
|
Available.
|
91
|
8
|
|||||||||||
India Jackups (3) (c, d)
|
|||||||||||||||||
Noble Ed Holt
|
Levingston Class 111-C
|
1981/2003
|
300’-IC
|
India
|
Jindal/ONGC
|
2/23/2010
|
2/22/2015
|
56-58
|
Rig bareboat chartered to Jindal which is contracted with ONGC.
|
||||||||
Noble George McLeod
|
F&G L-780 MOD II
|
1981/1995
|
300’-IC
|
India
|
Jindal/ONGC
|
1/05/2009
|
1/04/2012
|
132-134
|
Rig bareboat chartered to Jindal which is contracted with ONGC.
|
||||||||
Noble Charlie Yester
|
MLT Class 116-C
|
1980
|
300’-IC
|
India
|
Jindal/ONGC
|
12/30/2009
|
5/12/2010
|
59-61
|
Rig bareboat chartered to Jindal which is contracted with ONGC. Drilling well-to-well extension.
|
||||||||
5/13/2010
|
6/07/2010
|
-
|
Mobilization and ONGC Acceptance.
|
21
|
|||||||||||||
6/08/2010
|
6/07/2013
|
49-51
|
Rig bareboat chartered to Jindal which is contracted with ONGC.
|
||||||||||||||
Far East Semisubmersibles (1)
|
|||||||||||||||||
Noble Jim Day - Newbuild
|
Bingo 9000
|
1999/2009
|
12,000'-DP
|
Singapore - Jurong
|
Shipyard
|
6/08/2010
|
-
|
Mobilization delay caused by heavy lift company.
|
|||||||||
In-transit & acceptance testing
|
Marathon
|
6/17/2010
|
9/30/2010
|
-
|
Lump sum fee will offset mobilization costs. The drilling contract for the Noble Jim Day contains a termination right in the event the rig is not ready to commence operations by December 31, 2010.
|
||||||||||||
US GOM
|
Marathon
|
10/01/2010
|
9/30/2014
|
514-516
|
|||||||||||||
Far East Drillship (2)
|
|||||||||||||||||
Globetrotter 1 - Newbuild
|
Globetrotter Class
|
2011
|
10,000'-DP
|
Dalian, China - STX / Netherlands - Huisman
|
Shipyard
|
9/30/2011
|
-
|
Shell has entered into 10-year contracts for the Noble Globetrotter and a second newbuild drillship (anticipated to be delivered in the second half of 2013), subject to the closing of the Frontier transaction. Each contract is at a fixed dayrate of $410,000 the first five years and is eligible for a 15% performance bonus. During the second five years, the units will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
|||||||||
In-transit & acceptance testing
|
TBA
|
10/01/2011
|
12/31/2011
|
-
|
|||||||||||||
TBA
|
TBA
|
1/01/2012
|
TBA
|
TBA
|
Available.
|
||||||||||||
Newbuild Drillship | TBA | 2013 | TBA | TBA | Shipyard | TBA | TBA | TBA |
Shell has entered into 10-year contracts for the Noble Globetrotter and a second newbuild drillship (anticipated to be delivered in the second half of 2013), subject to the closing of the Frontier transaction. Each contract is at a fixed dayrate of $410,000 the first five years and is eligible for a 15% performance bonus. During the second five years, the units will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
||||||||
1231
|
120
|
447
|
235
|
||||||||||||||
(a)
|
Unit has been upgraded to the NC-5SM mooring standard.
|
||||||||||||||||
(b)
|
Rig utilizes the Aluminum Alloy Riser technology.
|
||||||||||||||||
(c)
|
In various market segments, the Company contracts with certain parties for the provision of certain local services and advice. Compensation paid to such parties by the Company typically is based on a percentage of the drilling contract’s daywork operating rate, and the Company accounts for such payments in its financial statements in the contract drilling services operating costs and expenses line item.
|
2010 Total: (includes: shipyard, stacked, & downtime days.)
|
3076
|
||||||||||||||
(d)
|
Listed rigs are modified bareboat charter; cost structure varies by region.
|
||||||||||||||||
(e)
|
Leg extensions fabricated to enable the rig to operate in up to 390' of water in a non-harsh environment.
|
||||||||||||||||
(f)
|
Rig is currently equipped to operate in 250' of water. Leg extensions fabricated to enable the rig to operate in up to 300' of water.
|
||||||||||||||||
*
|
A = Actual approximate downtime incurred during the quarter indicated as of the report date; E = Estimated additional downtime days expected to occur as of the report date.
|
||||||||||||||||
# =
|
Rate withheld at request of operator.
|
||||||||||||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
Page 3 of 3