Attached files
| file | filename |
|---|---|
| 8-K - NOBLE CORP 8-K 7-6-2011 - Noble Finance Co | form8-k.htm |
Exhibit 99.1
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NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 6, 2011
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Approximate actual & 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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2Q-11
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3Q-11
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3Q-11
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4Q-11
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A
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A
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E
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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 (7)
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Noble Danny Adkins (i)
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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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Early Mar 2011
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Early May 2011
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155-157
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Standby/Suspension rate. Subsea System has been certified.
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Early May 2011
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Late Nov 2014
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461-463
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34
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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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US GOM
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Shell
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Mid Feb 2011
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Late May 2011
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155-157
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Letter of intent. Standby/Suspension rate. Subsea System has been certified.
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US GOM
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Shell
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Early Jun 2011
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Late Jul 2011
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241-243
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Letter of intent. Standby/Suspension rate.
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US GOM
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Shell
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Early Aug 2011
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Late Jan 2012
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484-486
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Letter of intent. Eligible for a maximum 15% bonus. Beginning the sooner of 8/01/2011 or Shell securing a drilling permit for use of the unit.
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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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Mid Oct 2010
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Early Jul 2011
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334-336
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Subsea System has been certified.
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Noble Jim Thompson (a, i)
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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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Early Feb 2011
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Early Apr 2011
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84-86
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Standby/Suspension rate.
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3
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US GOM
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Shell
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Early Apr 2011
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Late Nov 2014
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359-361
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Eligible for a maximum 15% bonus. Subsea System has been certified.
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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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Mid Jun 2010
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-
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Available. The unit is currently warm stacked. Subsea System has been certified.
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Noble Driller (i)
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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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Early Feb 2011
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Early Jul 2011
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84-86
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Standby/Suspension rate. Subsea System is in the certification process.
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US GOM
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Shell
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Late Jul 2011
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Late Jun 2013
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382-384
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Timing of resumption of operations at full dayrate estimated based on customer information regarding their ability to obtain necessary permits and is subject to change. 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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Early Oct 2010
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-
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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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Mid Sep 2009
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-
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Cold Stacked.
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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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Early Jun 2009
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-
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Cold Stacked.
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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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Early Aug 2008
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Late Jul 2011
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483-485
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We have received a request for an extension of the current contract with a start date of Early August 2011, which subject to finalizing the contract, would extend the contract to Early Mar 2012.
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13
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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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Mid Mar 2011
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Late Dec 2011
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99-101
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10
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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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Late Jun 2011
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Late Dec 2011
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99-101
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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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Mid Mar 2011
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Mid Dec 2011
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99-101
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1
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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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US GOM
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Shipyard
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Late Dec 2010
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Late May 2011
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-
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Bay of Campeche
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Pemex
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Late May 2011
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Late Dec 2012
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79-81
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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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US GOM
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Shipyard
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Late Dec 2010
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Mid Apr 2011
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-
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Bay of Campeche
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Pemex
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Late Apr 2011
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Late Dec 2011
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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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Mid Feb 2011
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Mid Apr 2011
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-
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Bay of Campeche
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Pemex
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Mid Apr 2011
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Late Dec 2012
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82-84
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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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US GOM
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Shipyard
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Mid Nov 2010
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Late Apr 2011
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-
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We were recently informed by our customer that the contract commencement date changed from Late April 2011 to Late June 2011, which is the date our customer officially accepted the unit. We do not agree with our customer’s position and are in discussions, but pending resolution we do not plan to recognize the revenue for this period.
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Bay of Campeche
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Pemex
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Late Jun
2011
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Early Dec 2012
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82-84
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10
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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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Mid Jul 2011
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Late Dec 2011
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80-82
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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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Late July 2010
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Mid Apr 2011
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62-64
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Bay of Campeche
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Pemex
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Mid Apr 2011
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Late May 2011
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57-59
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US GOM
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Shipyard
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Early Jun 2011
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Late Sept 2011
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-
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Leg upgrade to increase water depth rating to 300'.
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30
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6
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86
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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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Late Dec 2010
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Late Apr 2011
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-
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Bay of Campeche
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Pemex
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Early May 2011
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Mid Sept 2011
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57-59
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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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Early Feb 2010
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Early May 2011
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79-81
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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 2/07/2010, the contract repriced at a new dayrate of $79k-$81k.
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Bay of Campeche
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Pemex
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Early May 2011
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Early Dec 2011
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74-76
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On 5/07/2011, the contract repriced at a new dayrate of $74k-$76k. The next date on which the contract is expected to reprice is 8/07/2011.
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4
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18
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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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Early Mar 2011
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Late Jul 2011
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57-59
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Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
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|||||||||||||||||||||||
Page 1 of 4
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NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 6, 2011
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Approximate actual & 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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2Q-11
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3Q-11
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3Q-11
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4Q-11
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A
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A
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E
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E
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Brazil Semisubmersibles (4) (c )(h)
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Noble Dave Beard (b)
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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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Mid Mar 2010
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Mid Mar 2015
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219-221
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Eligible for a maximum 15% performance bonus.
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50
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2
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15
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Noble Clyde Boudreaux (a)
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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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Shipyard
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Mid Dec 2010
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Early Apr 2011
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-
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Subsea System has been certified.
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Brazil
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Shell
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Early Apr 2011
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Early Apr 2012
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289-291
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Plus $6 million mobilization fee. Eligible for a maximum 15% performance bonus.
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21
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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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Early Nov 2009
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Early Nov 2014
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427-429
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Eligible for a maximum 15% performance bonus. Timing of survey subject to change.
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37
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10
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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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Mid Oct 2010
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Mid Oct 2015
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269-271
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Eligible for a maximum of 10% performance bonus.
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3
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45
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Brazil Drillships (3) (c )(h)
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Noble Roger Eason (b)
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NAM Nedlloyd-C
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1977/2005
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7,200'-DP
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Brazil
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Petrobras
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Mid Mar 2010
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Late Feb 2012
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346-348
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Eligible for a maximum of 15% performance bonus.
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Brazil
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Petrobras
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Late Feb 2012
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Mid Oct 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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19
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Brazil
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Petrobras
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Mid Oct 2012
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Mid Aug 2016
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346-348
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Eligible for a maximum of 15% performance bonus.
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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
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Late Jun 2009
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Early Feb 2011
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300-302
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Eligible for a maximum of 15% performance bonus.
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Brazil
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Petrobras
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Early Feb 2011
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Late Dec 2011
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89-91
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Anticipate +/- 240 days beginning in Early March 2011 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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91
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6
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25
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3
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Brazil
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Petrobras
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Late Dec 2011
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Late Jan 2016
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300-302
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Eligible for a maximum of 15% performance bonus.
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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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Early May 2009
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4Q 2011
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289-291
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Eligible for a maximum of 15% performance bonus.
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Brazil
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Petrobras
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4Q 2011
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Mid May 2015
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289-291
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Eligible for a maximum of 15% performance bonus. Received Petrobras Board approval to swap the Noble Phoenix for the Noble Muravlenko to complete current Noble Muravlenko contract. Expect substitution to take place in 4Q 2011. Noble Muravlenko shipyard upgrade project cancelled.
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5
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North Sea Semisubmersible (1)
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||||||||||||||||||
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Noble Ton van Langeveld
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Offshore Co. SCP III Mark 2
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1979/2000
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1,500'
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United Kingdom
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Centrica/Maersk
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Early Dec 2010
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Late Nov 2011
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246-248
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Plus two fixed-priced options.
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North Sea/Mediterranean Semisubmersible (1)
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||||||||||||||||||
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Noble Homer Ferrington
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F&G 9500 Enhanced Pacesetter
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1985/2004
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7,200
|
|
Israel
|
|
ExxonMobil / Noble Energy
|
|
Mid Apr 2009
|
|
Mid Apr 2012
|
|
504-506
|
|
Assignment to Repsol which began Mid Mar 2011 until Mid June 2011. Assignment to Noble Energy began Late June 2011.
|
3
|
|
|
|
|
|
North Sea Jackups (8)
|
|
|
|
|
||||||||||||||||||
|
|
Noble Hans Deul
|
|
F&G JU-2000E
|
|
2009
|
|
400'-IC
|
|
United Kingdom
|
|
Shell
|
|
Early Feb 2011
|
|
Early Feb 2013
|
|
174-176
|
|
|
3
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Julie Robertson
|
Baker Marine Europe Class
|
1981/2001
|
390'-IC (e)
|
United Kingdom
|
Centrica
|
Early Apr 2011
|
Late Mar 2012
|
88-90
|
|
|
|
|
|||||||||||
|
|
|
|
|
|
|||||||||||||||||||
|
|
Noble Al White
|
|
CFEM T-2005-C
|
|
1982/2005
|
|
360’-IC
|
|
Netherlands
|
|
Total
|
|
Early Dec 2010
|
|
Early Jun 2011
|
|
111-113
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Netherlands
|
|
Total
|
|
Early Jun 2011
|
|
Early Dec 2011
|
|
95-97
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Netherlands
|
|
Total
|
|
Early Dec 2011
|
|
Early Oct 2012
|
|
101-103
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Byron Welliver
|
CFEM T-2005-C
|
1982
|
300’-IC
|
Germany
|
ABB
|
Early Mar 2011
|
Early May 2011
|
64-66
|
Accommodation work. Plus four one-week priced options.
|
|
|
|
|
||||||||||
|
Netherlands
|
Gaz de France
|
Early May 2011
|
Late May 2011
|
79-81
|
2
|
|
|
|
|||||||||||||||
|
Netherlands
|
Chevron
|
Early Jun 2011
|
Late Nov 2011
|
88-91
|
|
|
|
|
|||||||||||||||
|
United Kingdom
|
Centrica
|
Early Dec 2011
|
Early Mar 2012
|
90-92
|
Three well contract, estimated +/- 120 days.
|
|
|
|
|
||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Lynda Bossler
|
|
MSC/CJ-46
|
|
1982
|
|
250’-IC
|
|
Netherlands
|
|
Gaz de France/Wintershall
|
|
Early Nov 2010
|
|
Early Apr 2011
|
|
79-81
|
|
Plus a 35-day priced option.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Netherlands
|
|
Dana (KNOC)
|
|
Early Apr 2011
|
|
Mid Dec 2011
|
|
87-89
|
|
Plus one 40-day priced option.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Netherlands
|
|
Gaz de France
|
|
Mid Dec 2011
|
|
Early May 2012
|
|
104-106
|
|
Two well contract, estimated +/- 140 days.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Piet van Ede
|
MSC/CJ-46
|
1982
|
250’-IC
|
Netherlands
|
Gaz de France
|
Late Nov 2010
|
Late Nov 2011
|
85-87
|
|
|
|
|
|||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Ronald Hoope
|
|
MSC/CJ-46
|
|
1982
|
|
250’-IC
|
|
Netherlands
|
|
Gaz de France
|
|
Mid Dec 2010
|
|
Late Dec 2011
|
|
86-88
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble George Sauvageau
|
NAM Nedlloyd-C
|
1981
|
250’-IC
|
Netherlands
|
Wintershall
|
Early Jan 2011
|
Late Dec 2011
|
91-93
|
|
|
|
|
|||||||||||
|
|
West Africa Drillship (1)
|
|
|
|
|
||||||||||||||||||
|
|
Noble Duchess
|
|
Conversion
|
|
1975
|
|
1,500'
|
|
Nigeria
|
|
Shipyard
|
|
Early Nov 2010
|
|
|
|
-
|
|
Available. The unit is currently cold stacked.
|
|
|
|
|
|
|
West Africa Jackups (5) (c )
|
|
|
|
|
||||||||||||||||||
|
|
Noble Percy Johns
|
|
F&G L-780 MOD II
|
|
1981/1995
|
|
300’-IC
|
|
Nigeria
|
|
ExxonMobil
|
|
Early Jul 2010
|
|
Mid Mar 2011
|
|
84-86
|
|
2-years firm plus a 1-year priced option; which is subject to a 240-day notice of cancellation. We experienced a fire on March 19, 2011 on the rig and anticipate +/- five months of downtime to complete the repairs.
|
91
|
6
|
86
|
|
|
|
|
|
|
|
|
|
|
|
Nigeria
|
|
Shipyard
|
|
Mid Mar 2011
|
|
Late Sept 2011
|
|
-
|
|
Rig was swapped for Noble Lloyd Noble to perform under contract with ExxonMobil in Mid Jun 2011.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nigeria
|
|
ExxonMobil
|
|
Early Oct 2011
|
|
Late Jun 2012
|
|
84-86
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Tommy Craighead
|
F&G L-780 MOD II
|
1982/2003
|
300’-IC
|
Cameroon
|
EurOil
|
Early May 2010
|
Late June 2011
|
89-91
|
Entered the shipyard in Late June 2011 for regulatory inspection and upgrades.
|
7
|
6
|
71
|
|
||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Ed Noble
|
|
MLT Class 82-SD-C
|
|
1984/2003
|
|
250’-IC
|
|
Nigeria
|
|
ExxonMobil
|
|
Early Jul 2010
|
|
Late Jun 2012
|
|
84-86
|
|
2-years firm plus a 1-year priced option; which is subject to a 240-day notice of cancellation.
|
4
|
|
5
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Lloyd Noble
|
MLT Class 82-SD-C
|
1983/1990
|
250’-IC
|
Cameroon
|
Shipyard
|
Early Jan 2011
|
Early Jun 2011
|
-
|
Available.
|
|
|
|
|
||||||||||
|
Nigeria
|
ExxonMobil
|
Mid Jun
2011
|
Late Sept 2011
|
84-86
|
Rig was swapped for Noble Percy Johns to perform under contract with ExxonMobil in Mid Jun 2011.
|
|
|
|
|
||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Don Walker
|
|
Baker Marine BMC 150-SD
|
|
1982/1992
|
|
150’-IC
|
|
Cameroon
|
|
Shipyard
|
|
Mid Mar 2009
|
|
|
|
-
|
|
Available. The unit is currently cold stacked.
|
|
|
|
|
|
|
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
||||||||||||||||||||||
Page 2 of 4
|
|
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 6, 2011
|
Approximate actual & 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-11
|
3Q-11
|
3Q-11
|
4Q-11
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A
|
A
|
E
|
E
|
|
|
Arabian Gulf Jackups (14) (c )
|
|
|
|
|
||||||||||||||||||
|
|
Noble Scott Marks
|
|
F&G JU-2000E
|
|
2009
|
|
400'-IC
|
|
UAE (Hamriyah)
|
|
Shipyard
|
|
Mid Jan 2011
|
|
Late Jun 2011
|
|
-
|
|
Mobilization and contract preparation.
|
71
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Saudi Arabia
|
|
Saudi Aramco
|
|
Early Jul 2011
|
|
Early Jul 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
|
Saudi Arabia
|
Saudi Aramco
|
Early Mar 2011
|
Early Mar 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
|
|
Early Apr 2010
|
|
Early Apr 2012
|
|
71-73
|
|
Contract is subject to 120-day notice of cancellation. Plus a two-year priced option.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Gus Androes
|
Levingston Class 111-C
|
1982/2004
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
Mid Dec 2010
|
Late Sept 2011
|
52-54
|
Accommodation work.
|
|
|
|
|
||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Harvey Duhaney
|
|
Levingston Class 111-C
|
|
1976/2001
|
|
300'-IC
|
|
Qatar
|
|
Total
|
|
Early Jun 2010
|
|
Early Dec 2011
|
|
59-61
|
|
Contract is subject to a 60-day notice of cancellation. Plus two six-month priced options.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Alan Hay
|
Levingston Class 111-C
|
1980/2005
|
300'-IC
|
UAE (Dubai)
|
Dubai Petroleum
|
Mid Oct 2009
|
Mid Nov 2011
|
#
|
Rate withheld at request of operator. Contract is subject to a 90-day notice of cancellation.
|
|
|
|
|
||||||||||
|
UAE (Dubai)
|
Dubai Petroleum
|
Mid Nov 2011
|
Mid Nov 2014
|
#
|
Rate withheld at request of operator. Contract is subject to a 270-day notice of cancellation after November 2012.
|
|
|
|
|
||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Roy Rhodes
|
|
MLT Class 116-C
|
|
1979/2009
|
|
300’-IC
|
|
Qatar
|
|
Total E&P Qatar
|
|
Mid Mar 2011
|
|
Late Apr 2011
|
|
74-75
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UAE (Hamriyah)
|
|
Shipyard
|
|
Late Apr 2011
|
|
Late Jun 2011
|
|
-
|
|
Contract preparation; including adding additional leg length.
|
61
|
|
|
|
|
|
|
|
|
|
|
|
328'-IC
|
|
UAE (Ras Al Khalmah)
|
|
RAK Al Khalij
|
|
Late Jun 2011
|
|
Mid Aug 2011
|
|
88-90
|
|
Plus up to 150-day priced option.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oman
|
|
RAK Petroleum Oman
|
|
Mid Aug 2011
|
|
Early Jan 2012
|
|
92-94
|
|
Plus up to 200-day priced option.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Joe Beall
|
Modec 300C-38
|
1981/2004
|
300'-IC
|
Qatar
|
McDermott
|
Early Nov 2010
|
Early May 2011
|
53-55
|
Accommodation work.
|
|
|
|
|
||||||||||
|
UAE (Hamriyah)
|
Shipyard
|
Early May 2011
|
Early Sept 2011
|
-
|
Mobilization and contract preparation.
|
60
|
6
|
56
|
|
||||||||||||||
|
Saudi Arabia
|
Saudi Aramco
|
Early Sept 2011
|
Early Sept 2014
|
80-82
|
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 contract time. Plus a one-year priced option.
|
|
|
|
|
||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble David Tinsley
|
|
Modec 300C-38
|
|
1981/2004
|
|
300'-IC
|
|
UAE (Hamriyah)
|
|
Shipyard
|
|
Early Dec 2010
|
|
|
|
-
|
|
Available. The unit is currently warm stacked.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UAE (Dubai)
|
|
Dubai Petroleum
|
|
Mid Apr 2011
|
|
Mid Apr 2013
|
|
#
|
|
Rate withheld at request of operator. Contract is subject to a 180-day notice of cancellation after April 2012.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Gene House
|
Modec 300C-38
|
1981/1998
|
300'-IC
|
Qatar
|
Maersk Oil Qatar
|
Early Jan 2011
|
Mid May 2011
|
49-51
|
Accommodation work.
|
|
|
|
|
||||||||||
|
UAE (Hamriyah)
|
Shipyard
|
Mid May 2011
|
Early Sept 2011
|
-
|
Mobilization and contract preparation.
|
42
|
6
|
56
|
|
||||||||||||||
|
Saudi Arabia
|
Saudi Aramco
|
Early Sept 2011
|
Early Sept 2014
|
80-82
|
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 contract time. Plus a one-year priced option.
|
|
|
|
|
||||||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Noble Charles Copeland
|
|
MLT Class 82-SD-C
|
|
1979/2001
|
|
280’-IC
|
|
UAE (Hamriyah)
|
|
Shipyard
|
|
Early Dec 2009
|
|
Late May 2011
|
|
-
|
|
Available. The unit is currently warm stacked.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Qatar
|
|
Maersk Oil Qatar
|
|
Late May 2011
|
|
Late Aug 2011
|
|
57-59
|
|
Accommodation work.
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Chuck Syring
|
MLT Class 82-C
|
1976/1996
|
250’-IC
|
Qatar
|
RasGas
|
Early Feb 2010
|
Early Jan 2012
|
47-49
|
Accommodation work.
|
|
|
|
|
||||||||||
|
|
|
|
|
||||||||||||||||||||
|
|
Dhabi II
|
|
Baker Marine BMC 150
|
|
1982/2006
|
|
150'-IC
|
|
UAE (Abu Dhabi)
|
|
ADOC
|
|
Mid Jul 2008
|
|
Mid Jul 2011
|
|
81-83
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UAE (Abu Dhabi)
|
|
ADOC
|
|
Mid Jul 2011
|
|
Mid Jul 2013
|
|
54-56
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Dick Favor
|
Baker Marine BMC 150
|
1982/2004
|
150'-IC
|
UAE (Hamriyah)
|
Shipyard
|
Mid Feb 2010
|
-
|
Available. The unit is currently cold stacked.
|
|
|
|
|
|||||||||||
|
|
India Jackups (4) (c, d)
|
|
|
|
|
||||||||||||||||||
|
|
Noble Ed Holt
|
|
Levingston Class 111-C
|
|
1981/2003
|
|
300’-IC
|
|
India
|
|
Jindal/ONGC
|
|
Late Feb 2010
|
|
Late Feb 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
|
Early Jan 2009
|
Early Jan 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
|
|
Early Jun 2010
|
|
Early Jun 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
|
Early Oct 2010
|
Late Sep 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
|
|
Shipyard & In-transit & acceptance testing
|
|
Noble
|
|
Mid Mar 2011
|
|
4Q 2011
|
|
-
|
|
Received Petrobras Board approval to swap the Noble Phoenix for Noble Muravlenko to complete current Noble Muravlenko contract. Expect substitution to take place in 4Q 2011.
|
91
|
6
|
86
|
|
|
|
|
|
|
||||||||||||||||||||
|
Noble Discoverer
|
Arctic Class Hull ICE-05; Sonat Discoverer Class
|
1976/2009
|
1,000'
|
New Zealand
|
Shell
|
Early Jan 2011
|
Late Dec 2011
|
154-156
|
On April 25, 2011, the Noble Discoverer was operating off the coast of New Zealand when a severe weather event occurred. In anticipation of the severe weather, and in accordance with established procedures for severe weather events, the Noble Discoverer suspended drilling operations, ecured and disconnected from the well. Due to the severe weather, the riser and the lower marine riser package were damaged and released from the vessel. We believe we are entitled to continue receiving dayrate from our customer until repairs are complete. Plus two one-year priced options.
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Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
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Page 3 of 4
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NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - July 6, 2011
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Approximate actual & 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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2Q-11
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3Q-11
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3Q-11
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4Q-11
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A
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A
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E
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E
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Newbuild Drillship (7)
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Noble Globetrotter I - Newbuild
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Globetrotter Class
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2011
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10,000'-DP
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Dalian, China - STX / Netherlands - Huisman
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Shipyard
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Late Dec 2011
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-
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In-transit & acceptance testing
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Late Dec 2011
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Early Feb 2012
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-
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US GOM
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Shell
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Mid Feb 2012
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Mid Feb 2022
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409-411
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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.
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Noble Globetrotter II - Newbuild
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Globetrotter Class
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2013
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10,000'-DP
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Dalian, China - STX / Netherlands - Huisman
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Shipyard
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Early Jun 2013
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-
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In-transit & acceptance testing
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Early Jun 2013
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Late Oct 2013
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-
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TBA
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Shell
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Early Nov 2013
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Late Oct 2023
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409-411
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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.
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Noble Bully I (g) - Newbuild
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GustoMSC Bully PRD 12000
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2011
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8,200'-DP
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Keppel
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Shipyard
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Mid Aug 2011
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In-transit & acceptance testing
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Mid Aug 2011
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Early Dec 2011
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US GOM
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Shell
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Early Dec 2011
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Early Dec 2016
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440-445
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Plus four 1-year priced options.
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Noble Bully II (g) - Newbuild
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GustoMSC Bully PRD 12000
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2011
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8,200'-DP
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Keppel
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Shipyard
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Late Oct 2011
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In-transit & acceptance testing
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Late Oct 2011
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Late Jan 2012
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Actual start-up time will be influenced by the length of the customs importation process.
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Brazil
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Shell
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Early Feb 2012
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Early Feb 2022
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440-445
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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.
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HHI Drillship I - Newbuild
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Gusto P10,000
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2013
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12,000'-DP
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Korea
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Shipyard
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2Q 2013
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In-transit & acceptance testing
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2Q 2013
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2nd Half of 2013
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TBA
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TBA
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Shell
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2nd Half of 2013
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Late 2018
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409-411
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Received Letter of Intent. Eligible for a 15% performance bonus. Drilling contract term will be 5 1/2 years.
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HHI Drillship II - Newbuild
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Gusto P10,000
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2013
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12,000'-DP
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Korea
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Shipyard
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4Q 2013
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In-transit & acceptance testing
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4Q 2013
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TBA
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TBA
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TBA
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TBA
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TBA
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TBA
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HHI Drillship III - Newbuild
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Gusto P10,000
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2014
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12,000'-DP
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Korea
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Shipyard
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2Q 2014
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In-transit & acceptance testing
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2Q 2014
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TBA
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TBA
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TBA
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TBA
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TBA
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TBA
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Fixed price option for one additional drillship. The option must be declared by late August 2011 for delivery in 2014.
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Newbuild Jackups (4)
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Noble Jackup I - Newbuild
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F&G JU-3000N
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2012
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400'-IC
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Jurong
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Shipyard
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4Q 2012
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Options for up to two additional units which must be exercised by January 1, 2012.
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In-transit & acceptance testing
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1Q 2013
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TBA
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Each option unit may be priced individually and is priced based on the original unit price, plus a potential escalation factor, with future deliveries scheduled in six-month increments beginning in late 2014.
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TBA
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TBA
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TBA
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TBA
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TBA
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Noble Jackup II - Newbuild
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F&G JU-3000N
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2013
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400'-IC
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Jurong
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Shipyard
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2Q 2013
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In-transit & acceptance testing
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3Q 2013
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TBA
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TBA
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TBA
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TBA
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TBA
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TBA
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Noble Jackup III - Newbuild
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F&G JU-3000N
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2013
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400'-IC
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Jurong
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Shipyard
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4Q 2013
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In-transit & acceptance testing
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4Q 2013
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TBA
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TBA
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TBA
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TBA
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TBA
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TBA
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Noble Jackup IV - Newbuild
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F&G JU-3000N
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2014
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400'-IC
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Jurong
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Shipyard
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1Q 2014
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In-transit & acceptance testing
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1Q 2014
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TBA
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TBA
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TBA
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TBA
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TBA
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TBA
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Other (1)
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Noble Seillean - FPSO
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A1 Floating Production & Storage Installation LMC, category 2B ship
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1989/2008
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6,500'-DP
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US GOM
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Late Oct 2010
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-
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Available. The unit is currently warm stacked.
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766
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44
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496
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66
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(a)
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Unit has been upgraded to the NC-5SM mooring standard.
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(b)
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Rig utilizes the Aluminum Alloy Riser technology.
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(c)
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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.
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2011 Total: (includes: planned shipyard and downtime days only.)
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1840
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(d)
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Listed rigs are modified bareboat charter; cost structure varies by region.
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Definitions of Date Ranges:
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(e)
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Leg extensions fabricated to enable the rig to operate in up to 390' of water in a non-harsh environment.
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Early: 1st - 10th
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(f)
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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.
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Mid: 11th - 20th
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(g)
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Commitment split 50/50 - Joint Venture between Shell and Noble Corp.
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Late: 21st - End of Month
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(h)
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The drilling contract provides the client with the right to terminate the contract in the event of excessive downtime.
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(i)
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In June 2010, Noble and Shell agreed to an arrangement to address the current situation in the U.S. Gulf of Mexico relating to the limitation on certain deepwater drilling activities including Shell’s inability to obtain necessary permits from the U.S. BOEMRE. The agreement allowed Shell to suspend the contracts, if necessary, on any rigs currently operating or anticipated to operate in the U.S. Gulf of Mexico during the imposed restriction. In exchange, Shell agreed to pay a reduced suspension rate designed to support Noble's personnel as well as certain operational support costs. The term of the contracts will be extended for a length of time equal to any suspension period at the original contract dayrate.
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*
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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.
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NOTE: In certain cases, we may have rights against our customers that may result in payment for days which we currently have estimated as downtime.
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# =
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Rate withheld at request of operator.
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||||||||||||||||||||||
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Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
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Page 4 of 4