Attached files
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| 8-K - ROWAN COMPANIES PLC | v163309_8k.htm |
| EX-99.1 - ROWAN COMPANIES PLC | v163309_ex99-1.htm |
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ROWAN
COMPANIES, INC.
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LAND
RIG FLEET AND CONTRACT STATUS
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As
of October 20, 2009
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ONSHORE
RIGS
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Maximum
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Contract
Status
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Horsepower
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Drilling
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Estimated
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Name
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Type
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Drawworks
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Mud Pumps
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Depth (feet)
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Location
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Customer
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Duration
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Comments
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Rig 9
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Diesel electric
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2,000
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3,200
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20,000
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Texas
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Available
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Rig 12
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SCR diesel electric
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1,500
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2,600
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18,000
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Texas
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Available
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Rig 14
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AC electric
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3,000
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3,200
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35,000
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Texas
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Available
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Rig 15
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AC electric
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3,000
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3,200
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35,000
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Texas
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Available
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Rig 18
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SCR diesel electric
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2,000
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4,400
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25,000
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Texas
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Available
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Rig 26
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SCR diesel electric
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2,000
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4,800
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25,000
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Texas
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Available
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Rig 29
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Mechanical
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1,500
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2,600
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18,000
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Texas
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Available
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Rig 30
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AC electric
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2,000
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2,600
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20,000
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Texas
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BBX
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December 2009
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Rig 31
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SCR diesel electric
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3,000
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4,400
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35,000
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Texas
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Available
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Rig 33
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SCR diesel electric
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1,500
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3,200
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18,000
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Texas
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Available
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Rig 34
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SCR diesel electric
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2,000
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4,400
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25,000
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Texas
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Available
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Rig 35
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SCR diesel electric
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1,500
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4,400
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18,000
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Texas
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Cabot
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July 2010
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Rig 51
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SCR diesel electric
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2,000
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4,400
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25,000
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Texas
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Newfield
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June 2010
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Rig 52
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SCR diesel electric
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2,000
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4,400
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25,000
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Texas
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Available
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Prior
customer will pay a reduced rate through late
October 2009.
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Rig
53
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SCR
diesel electric
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2,000
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4,400
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25,000
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Texas
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Krescent
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October 2009
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Rig
54
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SCR
diesel electric
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2,000
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4,400
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25,000
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Texas
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Available
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Prior
customer will pay early termination fee equal to reduced rate through
mid
October 2009.
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Rig
59
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AC
electric
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2,000
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3,200
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25,000
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Louisiana
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EnCana
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August 2012
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Rig
60
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Devon
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April 2011
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Rig
is currently stacked at a reduced rate.
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Rig
61
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AC
electric
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2,000
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3,200
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25,000
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Texas
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EnCana
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June 2015
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Rig
62
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Devon
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March 2011
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Rig
is currently stacked at a reduced rate.
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Rig
63
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AC
electric
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2,000
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3,200
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25,000
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Texas
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EnCana
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November 2014
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Rig
64
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Available
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Rig
65
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Pioneer
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November 2009
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Rig
is currently stacked at a reduced rate.
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Rig
66
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AC
electric
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2,000
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3,200
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25,000
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Texas
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PetroQuest
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December 2009
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Rig
67
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AC
electric
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2,000
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3,200
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25,000
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Texas
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ConocoPhillips
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January 2010
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Rig
68
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AC
electric
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2,000
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3,200
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25,000
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Alaska
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Pioneer
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March 2010
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Rig
is currently stacked at a reduced rate.
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Rig
76
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AC
electric
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2,000
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3,200
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25,000
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Louisiana
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EnCana
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April 2011
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Rig
77
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AC
electric
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2,000
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3,200
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25,000
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Texas
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EnCana
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December 2012
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Rig
84
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AC
electric
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2,000
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3,200
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25,000
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Texas
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EnCana
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May 2011
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Rig
85
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Common Resources
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October 2010
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Rig
86
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AC
electric
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2,000
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3,200
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25,000
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Texas
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EnCana
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February 2012
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Rig
87
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AC
electric
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2,000
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3,200
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25,000
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Texas
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Common Resources
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May 2012
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Rigs 9
through 35 were constructed at various dates between 1960 and 1982, utilizing
new as well as used equipment, and have since been substantially
rebuilt. Rigs 51, 52, 53 and 54 were constructed during 2001-02. Rigs
59 through 66 were completed during 2006, Rigs 67 through 77 during 2007, Rigs
84 and 85 in 2008 and Rigs 86 and 87 in 2009. All but Rig 29 are
equipped with a top-drive drilling system. Day rates range from
$9,000 (standby rate) to $27,000. Estimated
contract durations reflect either stated drilling periods expected time required
for the contracted well or wells. Estimated number of idle days
during September 2009
was 392 (59%
utilization).
ROWAN
HEREBY ADVISES THAT THE TABLE SET FORTH ABOVE MAY CONTAIN INACCURATE, INCOMPLETE
AND/OR INCORRECT INFORMATION AND IS SUBJECT TO CHANGE AT ANY TIME.
THE
INFORMATION SHOULD NOT BE RELIED UPON FOR ANY PURPOSE, AND ROWAN HEREBY
DISCLAIMS ANY LIABILITY RELATING TO THE USE OF THE INFORMATION SET FORTH
ABOVE.
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This
report contains forward looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including, without
limitation, statements as to the expectations, beliefs and future expected
financial performance of the Company that are based on current
expectations and are subject to certain risks, trends and uncertainties
that could cause actual results to differ materially from those projected
by the Company. Relevant factors have been disclosed in the Company's
filings with the U. S. Securities and Exchange Commission.
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Revisions
to Fleet Status Report Noted in Bold