Attached files

file filename
8-K - NOBLE CORP 8-K 3-19-2010 - Noble Finance Coform8k.htm

Exhibit 99.1
 
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 19, 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
1Q-10
1Q-10
2Q-10
3Q-10
4Q-10
                           
A
E
E
E
E
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.  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 are available free of charge on the SEC’s Web site at www.sec.gov.
       
         
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, and we urge you to review the description and explanation of such risks and uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SEC’s Web site at www.sec.gov.
       
                                     
 
U.S. Gulf of Mexico Semisubmersibles (6)
                               
                                     
 
Noble Danny Adkins - Newbuild
Bingo 9000
1999/2009
12,000'-DP
Singapore - Jurong
 
Shipyard
   
10/15/2009
 
-
           
         
In-transit & acceptance testing
 
Shell
10/16/2009
 
4/09/2010
 
424-426
The rig arrived in the US Gulf of Mexico on 1/19/2010 and is expected to experience approximately 80 days of downtime.
59
12
  9    
         
US GOM
 
Shell
4/10/2010
 
1/04/2014
 
446-448
           
                                     
 
Noble Clyde Boudreaux (a, b)
F&G 9500 Enhanced Pacesetter
1987/2007
10,000'
US GOM
 
Noble Energy
11/16/2009
 
11/15/2011
 
604-606
 
11
       
                                     
 
Noble Amos Runner (a)
Noble EVA 4000™
1982/1999
8,000'
US GOM
 
Anadarko
4/25/2008
 
3/08/2011
 
439-441
   
2
     
                                     
 
Noble Jim Thompson (a)
Noble EVA 4000™
1984/1999
6,000'
US GOM
 
Shell
3/02/2009
 
3/01/2011
 
504-506
     
4
   
                   
 
               
 
Noble Paul Romano (a)
Noble EVA 4000™
1981/1998
6,000'
US GOM
 
Marathon
2/17/2009
 
2/16/2010
 
481-483
           
         
US GOM
 
Marathon
2/17/2010
 
7/16/2010
 
374-376
   
2
     
                                     
 
Noble Lorris Bouzigard (b)
Pentagone 85
1975/2003
4,000'
US GOM
 
LLOG
6/23/2008
 
6/24/2010
 
269-271
           
         
US GOM
 
LLOG
6/25/2010
 
6/24/2011
 
334-336
           
                                     
 
U.S. Gulf of Mexico Submersibles (2)
                               
 
Noble Joe Alford
Pace Marine 85G
1982/2006
70’-C
US GOM
 
Shipyard
9/17/2009
     
-
Cold Stacked.
78
12
91
92
92
                                     
 
Noble Lester Pettus
Pace Marine 85G
1982/2007
70’-C
US GOM
 
Shipyard
6/10/2009
     
-
Cold Stacked.
78
12
91
92
92
                                     
 
Mexico Semisubmersible (1) (c)
                               
                                     
 
Noble Max Smith
Noble EVA 4000™
1980/1999
7,000'
Bay of Campeche
 
Pemex
8/01/2008
 
7/31/2011
 
483-485
 
1
       
                                     
 
Mexico Jackups (12) (c, d)
                               
 
Noble Bill Jennings
MLT Class 84-E.R.C.
1975/1997
390’-IC
Bay of Campeche
 
Pemex
12/18/2009
 
3/17/2010
 
122-124
This contract commenced 6/18/2008.  This contract reprices every three months based on an index of jackup rates in seven international regions. On 12/18/2009, the contract repriced at a dayrate of $122k-$124k.
1
       
         
Bay of Campeche
 
Pemex
3/18/2010
 
6/17/2010
 
109-111
On 3/18/2010, the contract repriced at a new dayrate of $109k-$111k.
         
                                     
 
Noble Eddie Paul
MLT Class 84-E.R.C.
1976/1995
390’-IC
Bay of Campeche
 
Pemex
1/01/2010
 
6/03/2010
 
127-129
Received contract extension.
         
                                     
 
Noble Leonard Jones
MLT Class 53-E.R.C.
1972/1998
390’-IC
Bay of Campeche
 
Pemex
12/23/2009
 
3/31/2010
 
127-129
Received contract extension on Part 1 and Part 2.  We have received a letter requesting an extension on Part 3 which, subject to agreement on dayrate, would extend the contract to 6/22/2010.
         
                                     
 
Noble Johnnie Hoffman
Baker Marine BMC 300
1976/1993
300’-IC
Bay of Campeche
 
Pemex
10/31/2007
 
4/14/2010
 
170-172
We have received a letter requesting an extension which, subject to agreement on dayrate, would extend the contract to 5/31/2010.
         
                                     
 
Noble Gene Rosser
Levingston Class 111-C
1977/1996
300’-IC
Bay of Campeche
 
Pemex
12/21/2007
 
6/20/2010
 
170-172
 
13
       
                                     
 
Noble John Sandifer
Levingston Class 111-C
1975/1995
300’-IC
Bay of Campeche
 
Pemex
9/24/2007
 
3/20/2010
 
170-172
     
10
   
         
Bay of Campeche
 
Pemex
3/21/2010
 
4/08/2010
 
84-86
Received contract extension to 4/08/2010.  We have received an additional letter requesting a second extension which, subject to agreement on dayrate, would extend the contract to 6/07/2010.
         
                                     
 
Noble Lewis Dugger
Levingston Class 111-C
1977/1997
300’-IC
Bay of Campeche
 
Pemex
12/18/2009
 
1/31/2010
 
104-106
This contract commenced 6/18/2008.  The contract reprices every three months based on an index of jackup rates in seven international regions.  On 12/18/2009, the contract repriced at a dayrate of $104k-$106k.
         
         
Bay of Campeche
 
Pemex
2/01/2010
 
3/17/2010
 
104-106
Received contract extension.
14
       
         
Bay of Campeche
 
Pemex
3/18/2010
 
5/29/2010
 
84-86
On 3/18/2010, the contract repriced at a new dayrate of $84k-$86k.
         
                                     
 
Noble Sam Noble
Levingston Class 111-C
1982
300’-IC
Bay of Campeche
 
Pemex
9/22/2007
 
3/21/2010
 
170-172
     
10
   
         
Bay of Campeche
 
Pemex
3/22/2010
 
9/19/2010
 
84-86
Received contract extension.
         
                                     
 
Noble Roy Butler
F&G L-780 MOD II
1982/1998
  250’-IC (f)
Bay of Campeche
 
Pemex
3/06/2009
 
4/23/2010
 
167-169
We have received a letter requesting an extension which, subject to agreement on dayrate, would extend the contract to 7/18/2010.
12
       
                                     
 
Noble Earl Frederickson
MLT Class 82-SD-C
1979/1999
250’-IC
Bay of Campeche
 
Pemex
10/13/2009
 
1/12/2010
 
92-94
This contract commenced 7/13/2008.  The contract reprices every three months based on an index of jackup rates in seven international regions.  On 10/13/2009, the contract repriced at a dayrate of $92k-$94k.
         
         
Bay of Campeche
 
Pemex
1/13/2010
 
4/12/2010
 
76-78
 On 1/13/2010, the contract repriced at a dayrate of $76k-$78k.
   
21
   
         
Bay of Campeche
 
Pemex
4/13/2010
 
8/25/2010
 
67-69
The next date on which the contract is expected to reprice is 4/13/2010 at a dayrate of $67k-$69k.
         
                                     
 
Noble Tom Jobe
MLT Class 82-SD-C
1982
250’-IC
Bay of Campeche
 
Pemex
11/07/2009
 
2/06/2010
 
105-106
This contract commenced 8/07/2008.  The contract reprices every three months based on an index of jackup rates in seven international regions. On 11/07/2009, the contract repriced at a dayrate of $105k-$106k.
       
10
         
Bay of Campeche
 
Pemex
2/07/2010
 
12/06/2011
 
78-80
 On 2/07/2010, the contract repriced at a new dayrate of $78k-$80k.  The next date on which the contract is expected to reprice is 5/07/2010.
         
                                     
 
Noble Carl Norberg
MLT Class 82-C
1976/2003
250'-IC
Bay of Campeche
 
Pemex
12/02/2009
 
3/01/2010
 
91-93
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 12/02/2009, the contract repriced at a dayrate of $91k-$93k.
1
 
10
   
         
Bay of Campeche
 
 
Pemex
 
3/02/2010
 
3/02/2011
 
78-80
 On 3/02/2010, the contract repriced at a new dayrate of $78k-$80k.  The next date on which the contract is expected to reprice is 6/02/2010.
         
                                     
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                           
 
 
Page 1 of 4

 
 
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 19, 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
1Q-10
1Q-10
2Q-10
3Q-10
4Q-10
                           
A
E
E
E
E
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.  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 are available free of charge on the SEC’s Web site at www.sec.gov.
       
         
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, and we urge you to review the description and explanation of such risks and uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SEC’s Web site at www.sec.gov.
       
                                     
 
Brazil Semisubmersibles (3) (c )
                               
 
Noble Dave Beard - Newbuild
F&G 9500 Enhanced Pacesetter
1986/2008
10,000'-DP
Customs/testing
 
Shipyard
   
3/18/2010
 
-
 
         
         
Brazil
 
Petrobras
3/19/2010
 
3/18/2015
 
219-221
Eligible for a maximum 15% performance bonus.
         
                                     
 
Noble Paul Wolff
Noble EVA 4000™
1981/1999/
2006
9,200'-DP
Brazil
 
Petrobras
11/04/2009
 
11/03/2014
 
427-429
Eligible for a maximum 15% performance bonus.
2
       
                                     
 
Noble Therald Martin (b)
Pentagone 85
1977/2004
4,000'
Brazil
 
Petrobras
4/11/2007
 
10/17/2010
 
113-115
Eligible for a maximum of 15% performance bonus.
         
         
Brazil
 
Petrobras
10/18/2010
 
10/17/2015
 
269-271
Eligible for a maximum of 10% performance bonus.
6
       
                                     
 
Brazil Drillships (3) (c )
                               
 
Noble Roger Eason (b)
NAM Nedlloyd-C
1977/2005
7,200'-DP
Brazil
 
Petrobras
6/08/2009
 
3/14/2010
 
136-138
Eligible for a maximum of 15% performance bonus.
         
         
Brazil
 
Petrobras
3/15/2010
 
2/21/2012
 
346-348
Eligible for a maximum of 15% performance bonus.
6
 
39
   
         
Brazil
 
Petrobras
2/22/2012
 
10/19/2012
 
89-91
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k.
         
         
Brazil
 
Petrobras
10/20/2012
 
8/12/2016
 
346-348
Eligible for a maximum of 15% performance bonus.
         
                                     
 
Noble Leo Segerius (b)
Gusto Engineering Pelican Class
1981/2002
5,600’-DP
Brazil
 
Petrobras
6/27/2009
 
3/07/2011
 
300-302
Eligible for a maximum of 15% performance bonus.
10
24
     
         
Brazil
 
Petrobras
3/08/2011
 
11/03/2011
 
89-91
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k.
       
40
         
Brazil
 
Petrobras
11/04/2011
 
1/23/2016
 
300-302
Eligible for a maximum of 15% performance bonus.
         
                                     
 
Noble Muravlenko
Gusto Engineering Pelican Class
1982/1997
4,900’-DP
Brazil
 
Petrobras
5/21/2009
 
2/11/2013
 
289-291
Eligible for a maximum of 15% performance bonus.
25
       
         
Brazil
 
Petrobras
2/12/2013
 
10/10/2013
 
89-91
Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k.
         
         
Brazil
 
Petrobras
10/11/2013
 
8/14/2015
 
289-291
Eligible for a maximum of 15% performance bonus.
         
                                     
 
North Sea Semisubmersible (1)
                               
 
Noble Ton van Langeveld
Offshore Co. SCP III Mark 2
1979/2000
1,500'
United Kingdom
 
Centrica/Maersk
6/30/2009
 
6/29/2010
 
379-381
           
         
United Kingdom
 
Centrica/Maersk
6/30/2010
 
8/14/2010
 
246-248
Plus a two well priced option; estimated time to complete each well is +/- 60 days.
         
                                     
 
North Sea/Mediterranean Semisubmersible (1)
                             
 
Noble Homer Ferrington
F&G 9500 Enhanced Pacesetter
1985/2004
7,200
Libya
 
ExxonMobil
4/18/2009
 
4/17/2012
 
536-538
Uplift in dayrate for operations in Libya from contract dayrate of $505k-$507k per day included.
         
                                     
 
North Sea Jackups (9)
                               
 
Noble Hans Deul
F&G JU-2000E
2009
400'-IC
Netherlands
 
Shell
2/06/2009
 
2/05/2011
 
127-129
           
                                     
 
Noble Scott Marks
F&G JU-2000E
2009
400'-IC
United Kingdom
 
Centrica
9/07/2009
 
9/06/2011
 
212-214
Dayrate includes cost escalation adjustments.
         
                                     
 
Noble Julie Robertson
Baker Marine Europe Class
1981/2001
 390'-IC (e)
United Kingdom
 
Centrica
9/15/2009
 
9/14/2010
 
211-213
           
         
 
                         
 
Noble Al White
CFEM T-2005-C
1982/2005
360’-IC
Netherlands
 
Total
12/03/2009
 
6/03/2011
 
111-113
Plus a six month priced option.
7
       
                                     
 
Noble Byron Welliver
CFEM T-2005-C
1982
300’-IC
Denmark (Esbjerg)
 
Shipyard
8/12/2009
 
3/02/2010
 
-
Upgrades and repairs, then available.
61
       
         
United Kingdom
 
ATP
3/03/2010
 
08/03/2010
 
85-87
           
                                     
 
Noble Lynda Bossler
MSC/CJ-46
1982
250’-IC
Netherlands
 
Cirrus Energy
12/15/2009
 
1/22/2010
 
88-90
           
         
Netherlands
 
Wintershall
1/23/2010
 
2/21/2010
 
94-96
           
         
Netherlands
 
Shipyard
2/22/2010
 
4/18/2010
 
-
 
26
5
18
   
         
Netherlands
 
Cirrus Energy
4/19/2010
 
8/19/2010
 
88-90
Plus a +/- 120 day priced option.
         
                                     
 
Noble Piet van Ede
MSC/CJ-46
1982
250’-IC
Netherlands
 
Gaz de France
8/24/2009
 
2/22/2010
 
151-153
Three well extension.
         
         
Netherlands
 
Gaz de France
2/23/2010
 
8/15/2010
 
108-110
Two well extension; should enter the shipyard on 05/15/2010 for 30 days at zero dayrate.
   
30
   
                                     
 
Noble Ronald Hoope
MSC/CJ-46
1982
250’-IC
Netherlands
 
Gaz de France
1/01/2009
 
2/22/2010
 
211-213
 
3
       
         
Netherlands
 
Gaz de France
2/23/2010
 
8/15/2010
 
92-94
Plus two priced option wells; estimated time to complete each well is +/- 60 days.
         
                                     
 
Noble George Sauvageau
NAM Nedlloyd-C
1981
250’-IC
Netherlands
 
Wintershall
1/01/2010
 
12/31/2010
 
117-119
           
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                           
 
 
Page 2 of 4

 
 
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 19, 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
1Q-10
1Q-10
2Q-10
3Q-10
4Q-10
                           
A
E
E
E
E
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.  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 are available free of charge on the SEC’s Web site at www.sec.gov.
       
         
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, and we urge you to review the description and explanation of such risks and uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SEC’s Web site at www.sec.gov.
       
                                     
 
West Africa Jackups (5) (c )
                               
 
Noble Percy Johns
F&G L-780 MOD II
1981/1995
300’-IC
Nigeria
 
ExxonMobil
3/28/2009
 
3/25/2010
 
182-184
 
         
                                     
 
Noble Tommy Craighead
F&G L-780 MOD II
1982/2003
300’-IC
Cameroon
 
Shipyard
5/19/2009
 
4/24/2010
 
-
Available.
78
12
24
   
         
Cameroon
 
EurOil
4/25/2010
 
8/29/2010
 
89-91
Received contract for two wells plus two - one well priced options.
         
                                     
 
Noble Ed Noble
 MLT Class 82-SD-C
1984/2003
250’-IC
Nigeria
 
ExxonMobil
7/03/2009
 
1/31/2010
 
114-116
           
         
Nigeria
 
ExxonMobil
2/01/2010
 
TBD
 
84-86
Well-to-well extensions; subject to a 30-day notice of cancellation.
         
                                     
 
Noble Lloyd Noble
MLT Class 82-SD-C
1983/1990
250’-IC
Nigeria
 
Oando
11/17/2009
 
1/06/2010
 
94-96
           
         
Nigeria
 
Amni
1/07/2010
 
4/20/2010
 
89-91
           
                                     
 
Noble Don Walker
Baker Marine BMC 150-SD
1982/1992
150’-IC
Cameroon
 
Shipyard
3/11/2009
     
-
Available.
78
       
                                     
 
Arabian Gulf Jackups (14) (c )
                               
 
Noble Roger Lewis
F&G JU-2000E
2007
400'-IC
Qatar
 
Shell
2/03/2008
 
4/15/2010
 
104-106
           
         
UAE/Hamriyah
 
Shipyard
4/16/2010
 
8/14/2010
 
-
Installation of leg extensions; upgrading steel.
   
88
32
 
                                     
 
Noble Jimmy Puckett
F&G L-780 MOD II
1982/2002
300'-IC
Qatar
 
RasGas
6/19/2009
 
3/31/2010
 
59-61
           
         
Qatar
 
RasGas
4/01/2010
 
3/31/2012
 
71-73
Option wells converted to a fixed contract which is subject to 120-day notice of cancellation plus a two-year priced option.
         
                                     
 
Noble Kenneth Delaney
F&G L-780 MOD II
1983/1998
300'-IC
Qatar
 
QatarGas 3 & 4
6/08/2009
 
3/31/2010
 
162-164
           
                                     
 
Noble Gus Androes
Levingston Class 111-C
1982/2004
300'-IC
Qatar
 
Maersk Oil Qatar
8/11/2009
 
8/10/2010
 
51-53
Rig substitution for Noble David Tinsley contract; rig to serve as an accommodation.  Contract is for a minimum of eight months firm and is subject to a four month cancellation notice.
         
                                     
 
Noble Harvey Duhaney
Levingston Class 111-C
1976/2001
300'-IC
Qatar
 
Total
4/05/2009
 
6/03/2010
 
84-86
Contract is subject to a 60-day notice of cancellation.
         
                                     
 
Noble Mark Burns
Levingston Class 111-C
1980/2005
300'-IC
UAE (Dubai)
 
Dubai Petroleum
10/12/2009
 
10/11/2011
 
#
Rate withheld at request of operator.  Contract is subject to a 90-day notice of cancellation after 18 months.
 
30
21
   
                                     
 
Noble Roy Rhodes
MLT Class 116-C
1979/2009
300’-IC
UAE (Sharjah)
 
Shipyard
4/16/2009
 
2/01/2010
 
-
Upgrades and regulatory inspection, then available.
78
       
                                     
 
Noble Cees van Diemen
Modec 300C-38
1981/2004
300'-IC
Qatar
 
NPCC
11/10/2009
 
3/22/2010
 
52-54
Accommodation work.
         
                                     
 
Noble David Tinsley
Modec 300C-38
1981/2004
300'-IC
UAE (Hamriyah)
 
Shipyard
5/09/2009
 
9/15/2010
 
-
Estimated timing for leg repair/replacement.
78
12
91
92
 
                                     
 
Noble Gene House
Modec 300C-38
1981/1998
300'-IC
Qatar
 
Maersk Oil Qatar
5/21/2009
 
4/30/2010
 
47-49
Accommodation work.
         
                                     
 
Noble Charles Copeland
MLT Class 82-SD-C
1979/2001
280’-IC
UAE (Hamriyah)
 
Shipyard
12/01/2009
     
-
Available.
78
       
                                     
 
Noble Chuck Syring
MLT Class 82-C
1976/1996
250’-IC
UAE (Hamriyah)
 
Shipyard
11/12/2009
 
2/03/2010
 
-
Upgrades and regulatory inspection.
34
       
         
Qatar
 
RasGas
2/04/2010
 
2/03/2011
 
47-49
Accommodation work.  Contract is subject to a 120-day notice of cancellation.
         
                                     
 
Dhabi II
Baker Marine BMC 150
1982/2006
150'-IC
UAE (Abu Dhabi)
 
ADOC
7/15/2008
 
7/14/2011
 
91-93
           
                                     
 
Noble Dick Favor
Baker Marine BMC 150
1982/2004
150'-IC
Bahrain
 
Occidental
12/29/2009
 
2/17/2010
 
69-71
           
         
UAE (Hamriyah)
 
Shipyard
2/18/2010
     
-
Available.
29
       
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                           
 
 
Page 3 of 4

 
 
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 19, 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
1Q-10
1Q-10
2Q-10
3Q-10
4Q-10
                           
A
E
E
E
E
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.  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 are available free of charge on the SEC’s Web site at www.sec.gov.
       
         
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, and we urge you to review the description and explanation of such risks and uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SEC’s Web site at www.sec.gov.
       
                                     
 
India Jackups (3) (c, d)
                               
 
Noble Ed Holt
Levingston Class 111-C
1981/2003
300’-IC
India
 
Shipyard
11/26/2009
 
2/22/2010
 
-
Upgrades and regulatory inspection.
53
       
         
India
 
Jindal/ONGC
2/23/2010
 
2/22/2015
 
58-60
Rig bareboat chartered to Jindal which is contracted with ONGC.
         
                                     
 
Noble George McLeod
F&G L-780 MOD II
1981/1995
300’-IC
India
 
Jindal/ONGC
1/05/2009
 
1/04/2012
 
132-134
Rig bareboat chartered to Jindal which is contracted with ONGC.
         
                                     
 
Noble Charlie Yester
MLT Class 116-C
1980
300’-IC
India
 
Jindal/ONGC
12/30/2009
 
3/25/2010
 
59-61
Rig bareboat chartered to Jindal which is contracted with ONGC. Drilling well-to-well extension.
 
 
30     
                                     
 
Far East Semisubmersibles (1)
                               
 
Noble Jim Day - Newbuild
Bingo 9000
1999/2009
12,000'-DP
Singapore - Jurong
 
Shipyard
   
5/31/2010
 
-
Mobilization delay caused by heavy lift company.
         
         
In-transit & acceptance testing
 
Marathon
6/1/2010
 
9/14/2010
 
-
Lump sum fee will offset mobilization costs.  The drilling contract for the  Noble Jim Day contains a termination right in the event the rig is not ready to commence operations by December 31, 2010.
         
         
US GOM
 
Marathon
9/15/2010
 
9/14/2014
 
514-516
           
                                     
 
Far East Drillship (1)
                               
 
Globetrotter - Newbuild
Globetrotter Class
2011
10,000'-DP
Dalian, China - STX / Netherlands - Huisman
 
Shipyard
   
9/30/2011
 
-
           
         
In-transit & acceptance testing
 
TBA
10/01/2011
 
12/31/2011
               
         
TBA
 
TBA
1/01/2012
 
TBA
 
TBA
Available.
         
                                     
                           
920
123
587
308
234
 
(a)
Unit has been upgraded to the NC-5SM mooring standard.
                     
(b)
Rig utilizes the Aluminum Alloy Riser technology.
                     
(c)
In various market segments, the Company contracts with certain parties for the provision of certain local services and advice.  Compensation paid to such parties by the Company typically is based on a percentage of the drilling contract’s daywork operating rate, and the Company accounts for such payments in its financial statements in the contract drilling services operating costs and expenses line item.
          2010 Total: (includes: shipyard, stacked, & downtime days.)   
2172
       
(d)
Listed rigs are modified bareboat charter; cost structure varies by region.
                     
(e)
Leg extensions fabricated to enable the rig to operate in up to 390' of water in a non-harsh environment.
                     
(f)
Rig is currently equipped to operate in 250' of water.  Leg extensions fabricated to enable the rig to operate in up to 300' of water.
                     
                                     
                                     
                                     
                                     
*
A = Actual approximate downtime incurred during the quarter indicated as of the report date;  E = Estimated additional downtime days expected to occur as of the report date.
                   
                                     
 # =
Rate withheld at request of operator.
                               
                                     
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                     
 
 
Page 4 of 4