Attached files
file | filename |
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8-K - NOBLE CORPORATION 8-K 11-17-2010 - Noble Finance Co | form8k.htm |
Exhibit 99.1
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - November 17, 2010
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Approximate actual and estimated unpaid down time days *
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||||||||||||||
RIG
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RIG DESIGN
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YEAR BUILT / REBUILT
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WATER DEPTH
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LOCATION
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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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4Q-10
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4Q-10
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||||
A
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E
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||||||||||||||
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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|||||||||||||||
U.S. Gulf of Mexico Semisubmersibles (8)
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|||||||||||||||
Noble Danny Adkins
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Bingo 9000
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1999/2009
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12,000'-DP
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US GOM
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Shell
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6/27/2010
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8/18/2010
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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 the 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 extended.
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||||||
US GOM
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Shell
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8/19/2010
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10/27/2010
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446-448
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BOP has been certified.
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||||||||||
US GOM | Shell | 10/28/2010 | TBA | 68-70 | Suspension rate. We are in discussions with Shell over the application of the suspension rate following the lifting of the moritorium in the U.S. Gulf of Mexico. | ||||||||||
US GOM | Shell | TBA |
7/29/2014
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446-448
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|||||||||||
Noble Jim Day
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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
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Marathon
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6/17/2010
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12/14/2010
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-
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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. BOP is in the certification process.
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||||||
US GOM
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Marathon
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12/15/2010
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12/14/2014
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514-516
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|||||||||||
Noble Clyde Boudreaux (a, b)
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F&G 9500 Enhanced Pacesetter
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1987/2007
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10,000'
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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. Noble Energy has confirmed that they do not intend to enter into a new contract. BOP has been certified.
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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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LLOG
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10/18/2010
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6/24/2011
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334-336
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BOP has been certified. Rig Swap was swapped for Noble Lorris Bouzigard to perform under contract with LLOG.
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17
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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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6/27/2010
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12/30/2010
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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 the 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 extended.
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US GOM
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Shell
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12/31/2010
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2/28/2011
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335-337
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Pursuant to our agreement with Shell and in connection with the Frontier transaction closing, Noble will reduce the current dayrate to $335,000-$337,000. 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). The revised dayrate will be eligible for a 15% performance bonus. BOP is in the certification process.
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||||||||||
US GOM
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Shell
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3/01/2011
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9/04/2014
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335-337
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Eligible for a maximum 15% bonus.
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||||||||||
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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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Shipyard
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6/16/2010
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-
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Available. BOP is in the certification process. The unit is currently warm stacked.
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48
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||||||
Noble Driller
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Aker H-3 Twin Hull S1289 Column
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1976/2007
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5,000'
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US GOM
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Shell
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8/02/2010
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2/28/2011
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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. BOP is in the certification process.
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||||||
US GOM
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Shell
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3/01/2011
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1/27/2013
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382-384
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Plus five one-year options.
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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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Shipyard
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10/01/2010
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-
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BOP is in the certification process. Noble Amos Runner was swapped for rig to perform under contract with LLOG. The unit is currently cold stacked.
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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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48 | 44 | |||||
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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48 | 44 | |||||
Mexico Semisubmersible (1) (c)
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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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6/18/2010
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11/10/2010
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94-96
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|||||||
Mexico
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Shipyard
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11/11/2010
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-
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Available. The unit is currently warm stacked.
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6
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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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Mexico
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Shipyard
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8/01/2010
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-
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Available. The unit is currently warm stacked.
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48
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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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Mexico
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Shipyard
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6/23/2010
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-
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Available. The unit is currently warm stacked.
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48
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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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7/26/2010
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10/13/2010
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74-76
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|||||||
Mexico
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Shipyard
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10/10/2010
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10/31/2010
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-
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21
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||||||||||
Bay of Campeche
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Pemex
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11/01/2010
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12/31/2010
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74-76
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Received 61-day contract.
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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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6/20/2010
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12/19/2010
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79-81
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|||||||
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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Mexico
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Shipyard
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9/11/2010
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11/14/2010
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-
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UWILD inspection.
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45
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|||||
11/15/2010
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12/31/2010
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74-76
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Received 47-day contract.
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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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5/30/2010
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10/18/2010
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79-81
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|||||||
10/19/2010
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11/15/2010
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76-78
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Received a 28-day extension of the current direct assignment, then available.
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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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Mexico
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Shipyard
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9/20/2010
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10/31/2010
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-
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UWILD inspection.
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31
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|||||
Bay of Campeche
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Pemex
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11/01/2010
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12/31/2010
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74-76
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Received 61-day contract.
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||||||||||
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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7/31/2010
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4/09/2011
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62-64
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|||||||
Noble Earl Frederickson
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MLT Class 82-SD-C
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1979/1999
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250’-IC
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Bay of Campeche
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Pemex
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8/26/2010
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12/31/2010
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62-64
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|||||||
Noble Tom Jobe
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MLT Class 82-SD-C
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1982
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250’-IC
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Bay of Campeche
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Pemex
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8/07/2010
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11/06/2010
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82-84
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This contract commenced 8/07/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 8/07/2010, the contract repriced at a new dayrate of $82k-$84k.
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||||||
11/07/2010
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12/06/2011
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80-82
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On 11/07/2010, the contract repriced at a new dayrate of $80k-$82k. The next date on which the contract is expected to reprice is 2/07/2011.
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||||||||||||
Noble Carl Norberg
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MLT Class 82-C
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1976/2003
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250'-IC
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Bay of Campeche
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Pemex
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9/02/2010
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3/02/2011
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80-82
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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 9/02/2010, the contract repriced at a new dayrate of $80k-$82k. The next date on which the contract is expected to reprice is 12/02/2010.
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||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
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Page 1 of 4
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - November 17, 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
|
4Q-10
|
4Q-10
|
||||
A
|
E
|
||||||||||||||
Brazil Semisubmersibles (3) (c )(h)
|
|||||||||||||||
Noble Dave Beard-Newbuild
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F&G 9500 Enhanced Pacesetter
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1986/2008
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10,000'-DP
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Brazil
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Petrobras
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3/19/2010
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3/18/2015
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219-221
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Eligible for a maximum 15% bonus.
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16
|
|||||
Noble Paul Wolff
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Noble EVA 4000™
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1981/1999/2006
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9,200'-DP
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Brazil
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Petrobras
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11/04/2009
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11/03/2014
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427-429
|
Eligible for a maximum 15% performance bonus.
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5
|
|||||
Noble Therald Martin (b)
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Pentagone 85
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1977/2004
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4,000'
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Brazil
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Petrobras
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4/11/2007
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10/17/2010
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113-115
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Eligible for a maximum of 15% performance bonus.
|
||||||
Brazil
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Petrobras
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10/18/2010
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10/17/2015
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269-271
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Eligible for a maximum of 10% performance bonus.
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||||||||||
Brazil Drillships (3) (c )(h)
|
|||||||||||||||
Noble Roger Eason (b)
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NAM Nedlloyd-C
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1977/2005
|
7,200'-DP
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Brazil
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Petrobras
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3/15/2010
|
2/21/2012
|
346-348
|
Eligible for a maximum of 15% performance bonus.
|
||||||
Brazil
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Petrobras
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2/22/2012
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10/19/2012
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89-91
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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.
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||||||||||
Brazil
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Petrobras
|
10/20/2012
|
8/12/2016
|
346-348
|
Eligible for a maximum of 15% performance bonus.
|
||||||||||
Noble Leo Segerius (b)
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Gusto Engineering Pelican Class
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1981/2002
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5,600’-DP
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Brazil
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Petrobras
|
6/30/2009
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3/07/2011
|
300-302
|
Eligible for a maximum of 15% performance bonus.
|
3
|
|||||
Brazil
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Petrobras
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3/08/2011
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11/03/2011
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89-91
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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
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Petrobras
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11/04/2011
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1/23/2016
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300-302
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Eligible for a maximum of 15% performance bonus.
|
||||||||||
Noble Muravlenko
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Gusto Engineering Pelican Class
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1982/1997
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4,900’-DP
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Brazil
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Petrobras
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5/10/2009
|
2/11/2013
|
289-291
|
Eligible for a maximum of 15% performance bonus.
|
16
|
|||||
Brazil
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Petrobras
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2/12/2013
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10/10/2013
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89-91
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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
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Petrobras
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10/11/2013
|
8/14/2015
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289-291
|
Eligible for a maximum of 15% performance bonus.
|
||||||||||
North Sea Semisubmersible (1)
|
|||||||||||||||
Noble Ton van Langeveld
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Offshore Co. SCP III Mark 2
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1979/2000
|
1,500'
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United Kingdom
|
Shipyard
|
9/13/2010
|
11/30/2010
|
-
|
Entering the shipyard for rig modifications and regulatory inspection.
|
48
|
13
|
||||
United Kingdom
|
Centrica/Maersk
|
12/01/2010
|
7/01/2011
|
246-248
|
Plus five fixed-priced options.
|
||||||||||
North Sea/Mediterranean Semisubmersible (1)
|
|||||||||||||||
Noble Homer Ferrington
|
F&G 9500 Enhanced Pacesetter
|
1985/2004
|
7,200
|
Malta
|
ExxonMobil
|
4/18/2009
|
4/17/2012
|
536-538
|
We have initiated arbitration proceedings with both ExxonMobil and BP with respect to an assignment of the drilling contract from ExxonMobil to BP. Payment of the dayrate is subject to the resolution to this dispute. The rig has been on standby since April 24, 2010 and continues to be on standby. Pending resolution of this dispute, the Company has been reserving the revenue stream. We expect to begin recognizing revenue again near the end of the first quarter of 2011.
|
||||||
North Sea Jackups (8)
|
|||||||||||||||
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
|
|||||||||||
Noble Julie Robertson
|
Baker Marine Europe Class
|
1981/2001
|
390'-IC (e)
|
United Kingdom
|
Centrica
|
9/13/2010
|
12/21/2010
|
86-88
|
Received contract extension.
|
||||||
United Kingdom
|
Shipyard
|
12/22/2010
|
3/31/2011
|
-
|
Contract preparations.
|
9
|
|||||||||
United Kingdom
|
Centrica
|
4/01/2011
|
3/31/2012
|
88-90
|
|||||||||||
|
|||||||||||||||
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
|
1/15/2011
|
85-87
|
|||||||
Noble Lynda Bossler
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Shipyard
|
9/03/2010
|
10/31/2010
|
-
|
31
|
||||||
Netherlands
|
Gaz de France
|
11/01/2010
|
12/31/2010
|
79-81
|
Plus a 35-day priced option.
|
||||||||||
Netherlands
|
Shipyard
|
1/01/2011
|
2/13/2011
|
-
|
|||||||||||
Netherlands
|
Dana (KNOC)
|
2/14/2011
|
8/29/2011
|
87-89
|
Received letter of intent. Three wells plus two 35-day options.
|
||||||||||
Noble Piet van Ede
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Gaz de France
|
2/23/2010
|
10/30/2010
|
109-111
|
|||||||
Netherlands
|
Shipyard
|
10/31/2010
|
11/30/2010
|
-
|
18
|
12
|
|||||||||
Netherlands
|
Gaz de France
|
12/01/2010
|
11/30/2011
|
85-87
|
One year extension.
|
||||||||||
Noble Ronald Hoope
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Gaz de France
|
2/23/2010
|
12/01/2010
|
92-94
|
Plus two priced option wells; estimated time to complete each well is +/- 60 days.
|
||||||
Netherlands
|
Gaz de France
|
12/02/2010
|
5/01/2011
|
86-88
|
|||||||||||
Noble George Sauvageau
|
NAM Nedlloyd-C
|
1981
|
250’-IC
|
Netherlands
|
Wintershall
|
1/01/2010
|
12/31/2010
|
117-119
|
|||||||
Netherlands
|
Wintershall
|
1/01/2011
|
12/31/2011
|
91-93
|
One year extension.
|
||||||||||
West Africa Drillship (1)
|
|||||||||||||||
Noble Duchess
|
Conversion
|
1975
|
1,500'
|
Nigeria
|
NPDC
|
10/19/2008
|
11/04/2010
|
307-309
|
|||||||
Namibia
|
Shipyard
|
11/05/2010
|
-
|
Available. The unit is currently warm stacked.
|
13
|
||||||||||
West Africa Jackups (5) (c )
|
|||||||||||||||
Noble Percy Johns
|
F&G L-780 MOD II
|
1981/1995
|
300’-IC
|
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. Rig is currently on farmout with NOAC (Agip). Expected completion date of 12/10/2010. We anticipate the need to remove the unit from Nigeria for 31 days spanning the 4Q2010/1Q2011 in order to apply for a new temporary import permit.
|
21
|
|||||
Noble Tommy Craighead
|
F&G L-780 MOD II
|
1982/2003
|
300’-IC
|
Cameroon
|
EurOil
|
5/01/2010
|
2/01/2011
|
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
|
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. We anticipate the need to remove the unit from Nigeria for 31 days spanning the 4Q2010/1Q2011 in order to apply for a new temporary import permit.
|
21
|
|||||
Noble Lloyd Noble
|
MLT Class 82-SD-C
|
1983/1990
|
250’-IC
|
Cameroon
|
Shipyard
|
8/18/2010
|
10/15/2010
|
-
|
Available.
|
15
|
|||||
Nigeria
|
NOAC (Agip)
|
10/16/2010
|
12/10/2010
|
89-91
|
21
|
||||||||||
Nigeria
|
Addax
|
1/02/2011
|
6/01/2011
|
83-85
|
Received letter of intent plus one 6-month option.
|
||||||||||
Noble Don Walker
|
Baker Marine BMC 150-SD
|
1982/1992
|
150’-IC
|
Cameroon
|
Shipyard
|
3/11/2009
|
-
|
Available. The unit is currently cold stacked.
|
48
|
||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
Page 2 of 4
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - November 17, 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
|
4Q-10
|
4Q-10
|
||||
A
|
E
|
||||||||||||||
Arabian Gulf Jackups (14) (c )
|
|||||||||||||||
Noble Scott Marks
|
F&G JU-2000E
|
2009
|
400'-IC
|
Netherlands
|
Centrica
|
9/07/2009
|
12/31/2010
|
212-214
|
|||||||
UAE (Hamriyah)
|
Shipyard
|
1/01/2011
|
6/14/2011
|
-
|
Mobilization and contract preparation.
|
||||||||||
Saudi Arabia
|
Saudi Aramco
|
6/15/2011
|
6/14/2014
|
236-238
|
Plus lump sum mobilization and capital upgrades. Customer may cancel this contract for convenience with 30 days notice, but must pay a termination fee of 50% of the dayrate for the remaining contracted time.
|
||||||||||
Noble Roger Lewis
|
F&G JU-2000E
|
2007
|
400'-IC
|
UAE (Hamriyah)
|
Shipyard
|
4/28/2010
|
1/14/2011
|
-
|
Installation of leg extensions; upgrading steel, and contract preparation.
|
48
|
44
|
||||
Saudi Arabia
|
Saudi Aramco
|
1/15/2011
|
1/14/2014
|
131-133
|
Plus lump sum mobilization and capital upgrades. Customer may cancel this contract for convenience with 30 days notice, but must pay a termination fee of 50% of the dayrate for the remaining contracted time.
|
||||||||||
Noble Jimmy Puckett
|
F&G L-780 MOD II
|
1982/2002
|
300'-IC
|
Qatar
|
RasGas
|
4/05/2010
|
4/04/2012
|
71-73
|
Contract is subject to 120-day notice of cancellation. Plus a two-year priced option. Estimated +/- 14 days of downtime for underwater survey.
|
14
|
|||||
Noble Gus Androes
|
Levingston Class 111-C
|
1982/2004
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
8/11/2009
|
12/31/2010
|
49-51
|
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
|
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.
|
||||||
Noble Roy Rhodes
|
MLT Class 116-C
|
1979/2009
|
300’-IC
|
Qatar
|
Total E&P Qatar
|
9/20/2010
|
3/19/2011
|
59-61
|
Work over program; plus one 2-month priced option.
|
||||||
UAE (Hamriyah)
|
Shipyard
|
3/20/2011
|
4/24/2011
|
-
|
Contract preparation.
|
||||||||||
Ras Al Khalmah
|
Rak Al Khalij
|
4/25/2011
|
6/15/2011
|
88-90
|
|||||||||||
Oman
|
RAK Petroleum Oman
|
6/16/2011
|
11/11/2011
|
92-94
|
Received letter of intent.
|
||||||||||
Noble Joe Beall
|
Modec 300C-38
|
1981/2004
|
300'-IC
|
Qatar
|
McDermott
|
9/28/2010
|
11/05/2010
|
10-11
|
Received contract - standby rate.
|
||||||
Qatar
|
McDermott
|
11/06/2010
|
5/15/2011
|
53-55
|
Accommodation work.
|
||||||||||
Noble David Tinsley
|
Modec 300C-38
|
1981/2004
|
300'-IC
|
UAE (Hamriyah)
|
Shipyard
|
5/09/2009
|
11/15/2010
|
-
|
Estimated timing for leg repair/replacement; then available. The unit is currently warm stacked.
|
2
|
|||||
Noble Gene House
|
Modec 300C-38
|
1981/1998
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
5/21/2009
|
12/15/2010
|
47-49
|
Accommodation work.
|
||||||
Noble Charles Copeland
|
MLT Class 82-SD-C
|
1979/2001
|
280’-IC
|
UAE (Hamriyah)
|
Shipyard
|
12/01/2009
|
-
|
Available. The unit is currently warm stacked.
|
48
|
||||||
Noble Chuck Syring
|
MLT Class 82-C
|
1976/1996
|
250’-IC
|
Qatar
|
RasGas
|
2/04/2010
|
2/03/2012
|
47-49
|
Accommodation work; plus one one-year priced option. 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
|
UAE (Hamriyah)
|
Shipyard
|
2/18/2010
|
-
|
Available. The unit is currently cold stacked.
|
48
|
||||||
India Jackups (4) (c, d)
|
|||||||||||||||
Noble Ed Holt
|
Levingston Class 111-C
|
1981/2003
|
300’-IC
|
India
|
Jindal/ONGC
|
2/23/2010
|
2/22/2015
|
54-56
|
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
|
6/08/2010
|
6/07/2013
|
49-51
|
Rig bareboat chartered to Jindal which is contracted with ONGC.
|
||||||
Noble Kenneth Delaney
|
F&G L-780 MOD II
|
1983/1998
|
300'-IC
|
India
|
Deepwater Drilling/ONGC
|
10/01/2010
|
9/30/2013
|
49-51
|
Rig bareboat chartered to Deepwater Drilling which is contracted with ONGC.
|
||||||
Southeast Asia Drillship (2)
|
|||||||||||||||
Noble Phoenix
|
Gusto Engineering Pelican Class
|
1979/2009
|
5,000' DP
|
Brunei
|
Shell
|
6/27/2010
|
10/31/2010
|
243-245
|
|||||||
Brunei
|
Shell
|
11/01/2010
|
6/14/2011
|
339-341
|
|||||||||||
TBA
|
Shell
|
6/15/2011
|
10/31/2013
|
305-307
|
|||||||||||
TBA
|
Shell
|
11/01/2013
|
11/01/2015
|
278-280
|
|||||||||||
Noble Discoverer
|
Arctic Class Hull ICE-05; Sonat Discoverer Class
|
1976/2009
|
1,000'
|
Shipyard
|
Shell
|
7/20/2007
|
11/18/2011
|
154-156
|
Rate is subject to escalation adjustments.
|
||||||
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
Page 3 of 4
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - November 17, 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
|
4Q-10
|
4Q-10
|
||||
A
|
E
|
||||||||||||||
Far East Drillship (4)
|
|||||||||||||||
Noble Globetrotter I
- Newbuild
|
Globetrotter Class
|
2011
|
10,000'-DP
|
Dalian, China - STX / Netherlands - Huisman
|
Shipyard
|
10/14/2011
|
-
|
||||||||
In-transit & acceptance testing
|
10/15/2011
|
12/31/2011
|
-
|
||||||||||||
US GOM
|
Shell
|
1/01/2012
|
12/31/2021
|
409-411
|
Contract is at a fixed dayrate the first five years and is eligible for a 15% performance bonus. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
||||||||||
Noble Globetrotter II - Newbuild
|
Globetrotter Class
|
2013
|
10,000'-DP
|
Dalian, China - STX / Netherlands - Huisman
|
Shipyard
|
6/01/2013
|
-
|
||||||||
In-transit & acceptance testing
|
6/02/2013
|
10/31/2013
|
-
|
||||||||||||
TBA
|
Shell
|
11/1/2013
|
10/31/2023
|
409-411
|
Contract is at a fixed dayrate the first five years and is eligible for a 15% performance bonus. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
||||||||||
Noble Bully I (g) - Newbuild
|
GustoMSC Bully PRD 12000
|
2011
|
8,200'-DP
|
Keppel
|
Shipyard
|
5/20/2011
|
|||||||||
In-transit & acceptance testing
|
5/21/2011
|
8/13/2011
|
|||||||||||||
US GOM
|
Shell
|
8/14/2011
|
8/13/2016
|
440-445
|
Plus four 1-year priced options.
|
||||||||||
Noble Bully II (g) - Newbuild
|
GustoMSC Bully PRD 12000
|
2011
|
8,200'-DP
|
Keppel
|
Shipyard
|
9/30/2011
|
|||||||||
In-transit & acceptance testing
|
10/01/2011
|
12/05/2011
|
|||||||||||||
Brazil
|
Shell
|
12/06/2011
|
12/05/2021
|
440-445
|
Contract is at a fixed dayrate the first five years. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
||||||||||
Other (1)
|
|||||||||||||||
Seillean - FPSO
|
A1 Floating Production & Storage Installation LMC, category 2B ship
|
1989/2008
|
6,500'-DP
|
US GOM
|
BP
|
07/23/2010
|
10/30/2010
|
303-305
|
As previously disclosed, we are in a dispute with BP over amounts owed under the contract, although we believe we have satisfied our obligations under the charter and are owed the amounts due under the charter. Based on the available information and the analysis we have performed to date, we have recorded the revenue under this charter.
|
||||||
10/31/2010
|
-
|
Available. The unit is currently warm stacked.
|
18
|
||||||||||||
718
|
243
|
||||||||||||||
(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.
|
Fourth Quarter 2010 Total: (includes: shipyard and downtime days.)
|
961
|
||||||||||||
(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.
|
||||||||||||||
(g)
|
Commitment split 50/50 - Joint Venture between Shell and Noble Corp.
|
||||||||||||||
(h)
|
The drilling contract provides the client with the right to terminate the contract in the event of excessive downtime.
|
||||||||||||||
*
|
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 4 of 4