Attached files
| file | filename |
|---|---|
| 8-K - NOBLE CORP 8-K 4-13-2011 - Noble Finance Co | form8k.htm |
Exhibit 99.1
|
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - April 13, 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
|
1Q-11
|
2Q-11
|
2Q-11
|
3Q-11
|
4Q-11
|
||||||||||
|
A
|
A
|
E
|
E
|
E
|
||||||||||||||||||||
|
This fleet status report contains information on contracts and letters of intent or awards with our customers. Letters of intent or awards are noted in the comments section and may not result in an actual drilling contract. The information contained in this fleet status report is as of the date of the report only and is subject to change without notice to the recipient, and we assume no duty to update any portion of the information contained herein. This fleet status report contains statements that are not historical facts, which are “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements about estimated duration of client contracts, contract dayrate amounts, future contract commencement dates, shipyard projects, our business, financial performance and prospects. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to have been correct. Various factors could cause actual results to differ materially.
|
||||||||||||||||||||||||
|
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.
|
||||||||||||||||||||||||
|
U.S. Gulf of Mexico Semisubmersibles (7)
|
||||||||||||||||||||||||
|
Noble Danny Adkins (i)
|
Bingo 9000
|
1999/2009
|
12,000'-DP
|
US GOM
|
Shell
|
Late Dec 2010
|
Late Feb 2011
|
446-448
|
Well completion ended Early May 2011 after which the unit returned to the Suspension rate of $155k-$157k/day. Subsea System has been certified.
|
|||||||||||||||
|
Early Mar 2011
|
Late May 2011
|
155-157
|
Standby/Suspension rate.
|
|||||||||||||||||||||
|
Late May 2011
|
Late Nov 2014
|
446-448
|
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.
|
|||||||||||||||||||||
|
Noble Jim Day
|
Bingo 9000
|
1999/2009
|
12,000'-DP
|
US GOM
|
Shipyard
|
Early Jan 2011
|
Mid Feb 2011
|
-
|
Available. Subsea System has been certified.
|
|||||||||||||||
|
US GOM
|
Shell
|
Mid Feb 2011
|
Late May 2011
|
155-157
|
Received letter of intent. Standby/Suspension rate.
|
|||||||||||||||||||
|
US GOM
|
Shell
|
Early Jun 2011
|
Late Jul 2011
|
241-243
|
Received letter of intent. Standby/Suspension rate.
|
|||||||||||||||||||
|
US GOM
|
Shell
|
Early Aug 2011
|
Late Jan 2012
|
484-486
|
Received 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.
|
|||||||||||||||||||
|
Noble Amos Runner (a)
|
Noble EVA 4000™
|
1982/1999
|
8,000'
|
US GOM
|
LLOG
|
Mid Oct 2010
|
Late Jun 2011
|
334-336
|
Subsea System has been certified.
|
|||||||||||||||
|
Noble Jim Thompson (a, i)
|
Noble EVA 4000™
|
1984/1999
|
6,000'
|
US GOM
|
Shell
|
Late Jun 2010
|
Late Jan 2011
|
46-48
|
Standby/Suspension rate. Subsea System has been certified.
|
|||||||||||||||
|
US GOM
|
Shell
|
Early Feb 2011
|
Early Apr 2011
|
84-86
|
Effective no later than 2/01/2011, the suspension/standby rate increased to $84k-$86k/day.
|
|||||||||||||||||||
|
US GOM
|
Shell
|
Early Apr 2011
|
Late Nov 2014
|
359-361
|
Eligible for a maximum 15% bonus.
|
|||||||||||||||||||
|
|
||||||||||||||||||||||||
|
Noble Paul Romano (a)
|
Noble EVA 4000™
|
1981/1998
|
6,000'
|
US GOM
|
Shipyard
|
Mid Jun 2010
|
-
|
Available. The unit is currently warm stacked. Subsea System has been certified.
|
||||||||||||||||
|
Noble Driller (i)
|
Aker H-3 Twin Hull S1289 Column
|
1976/2007
|
5,000'
|
US GOM
|
Shell
|
Early Aug 2010
|
Late Jan 2011
|
46-48
|
Standby/Suspension rate. Subsea System is in the certification process.
|
|||||||||||||||
| US GOM | Shell |
Early Feb 2011
|
Early Jul 2011
|
84-86
|
Effective no later than 2/01/2011, the suspension/standby rate increased to $84k-$86k/day.
|
|||||||||||||||||||
|
US GOM
|
Shell
|
Early Jul 2011
|
Late May 2013
|
382-384
|
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.
|
|||||||||||||||||||
|
Noble Lorris Bouzigard (b)
|
Pentagone 85
|
1975/2003
|
4,000'
|
US GOM
|
Shipyard
|
Early Oct 2010
|
-
|
The unit is currently cold stacked.
|
||||||||||||||||
|
U.S. Gulf of Mexico Submersibles (2)
|
||||||||||||||||||||||||
|
Noble Joe Alford
|
Pace Marine 85G
|
1982/2006
|
70’-C
|
US GOM
|
Shipyard
|
Mid Sep 2009
|
-
|
Cold Stacked.
|
||||||||||||||||
|
Noble Lester Pettus
|
Pace Marine 85G
|
1982/2007
|
70’-C
|
US GOM
|
Shipyard
|
Early Jun 2009
|
-
|
Cold Stacked.
|
||||||||||||||||
|
Mexico Semisubmersible (1) (c)
|
||||||||||||||||||||||||
|
Noble Max Smith
|
Noble EVA 4000™
|
1980/1999
|
7,000'
|
Bay of Campeche
|
Pemex
|
Early Aug 2008
|
Late Jul 2011
|
483-485
|
||||||||||||||||
|
Mexico Jackups (12) (c, d)
|
||||||||||||||||||||||||
|
Noble Bill Jennings
|
MLT Class 84-E.R.C.
|
1975/1997
|
390’-IC
|
US GOM
|
Shipyard
|
Mid Nov 2010
|
Mid Mar 2011
|
-
|
1 | |||||||||||||||
|
Bay of Campeche
|
Pemex
|
Mid Mar 2011
|
Late Dec 2011
|
99-101
|
||||||||||||||||||||
|
Noble Eddie Paul
|
MLT Class 84-E.R.C.
|
1976/1995
|
390’-IC
|
Mexico
|
Shipyard
|
Early Aug 2010
|
-
|
The unit is currently warm stacked.
|
||||||||||||||||
|
Noble Leonard Jones
|
MLT Class 53-E.R.C.
|
1972/1998
|
390’-IC
|
Mexico
|
Shipyard
|
Late June 2010
|
Mid Mar 2011
|
-
|
||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Mid Mar 2011
|
Mid Dec 2011
|
99-101
|
||||||||||||||||||||
|
Noble Johnnie Hoffman
|
Baker Marine BMC 300
|
1976/1993
|
300’-IC
|
US GOM
|
Shipyard
|
Late Dec 2010
|
-
|
|||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Late May 2011
|
Late Dec 2012
|
79-81
|
||||||||||||||||||||
|
Noble Gene Rosser
|
Levingston Class 111-C
|
1977/1996
|
300’-IC
|
US GOM
|
Shipyard
|
Late Dec 2010
|
Mid Apr 2011
|
-
|
13
|
5
|
||||||||||||||
|
Bay of Campeche
|
Pemex
|
Late Apr 2011
|
Late Dec 2011
|
79-81
|
||||||||||||||||||||
|
Noble John Sandifer
|
Levingston Class 111-C
|
1975/1995
|
300’-IC
|
Bay of Campeche
|
Pemex
|
Mid Nov 2010
|
Early Feb 2011
|
74-76
|
||||||||||||||||
|
Mexico
|
Shipyard
|
Mid Feb 2011
|
Mid Apr 2011
|
-
|
|
|
|
|||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Mid Apr 2011
|
Late Dec 2012
|
82-84
|
||||||||||||||||||||
|
Noble Lewis Dugger
|
Levingston Class 111-C
|
1977/1997
|
300’-IC
|
US GOM
|
Shipyard
|
Mid Nov 2010
|
Early Apr 2011
|
-
|
||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Late Apr 2011
|
Late Nov 2012
|
82-84
|
20
|
|||||||||||||||||||
|
Noble Sam Noble
|
Levingston Class 111-C
|
1982
|
300’-IC
|
Bay of Campeche
|
Pemex
|
Early Nov 2010
|
Late Feb 2011
|
74-76
|
||||||||||||||||
|
US GOM
|
Shipyard
|
Late Feb 2011
|
-
|
The unit has moved to the US Gulf of Mexico and will be temporarily stacked to reduce operating costs.
|
||||||||||||||||||||
|
Noble Roy Butler
|
F&G L-780 MOD II
|
1982/1998
|
250’-IC (f)
|
Bay of Campeche
|
Pemex
|
Late July 2010
|
Mid Apr 2011
|
62-64
|
Leg upgrade to increase water depth rating to 300' estimated +/- 62 days in 2Q2011/3Q2011.
|
30
|
32
|
|||||||||||||
|
Bay of Campeche
|
Pemex
|
Mid Apr 2011
|
Late May 2011
|
57-59
|
||||||||||||||||||||
|
Noble Earl Frederickson
|
MLT Class 82-SD-C
|
1979/1999
|
250’-IC
|
Bay of Campeche
|
Pemex
|
Late Dec 2010
|
Late Apr 2011
|
-
|
||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Late Apr 2011
|
Late Sept 2011
|
57-59
|
||||||||||||||||||||
|
Noble Tom Jobe
|
MLT Class 82-SD-C
|
1982
|
250’-IC
|
Bay of Campeche
|
Pemex
|
Early Aug 2010
|
Early Nov 2010
|
80-82
|
This contract commenced 8/07/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 11/07/2010, the contract repriced at a new dayrate of $80k-$82k.
|
|||||||||||||||
| Bay of Campeche | Pemex |
Early Feb 2011
|
Early Dec 2011
|
79-81
|
On 2/07/2011, the contract repriced at a new dayrate of $79k-$81k. The next date on which the contract is expected to reprice is 5/07/2011.
|
18
|
||||||||||||||||||
|
Noble Carl Norberg
|
MLT Class 82-C
|
1976/2003
|
250'-IC
|
Bay of Campeche
|
Pemex
|
Early Dec 2010
|
Early Mar 2011
|
80-82
|
||||||||||||||||
|
Bay of Campeche
|
Pemex
|
Early Mar 2011
|
Late Jul 2011
|
57-59
|
||||||||||||||||||||
|
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
||||||||||||||||||||||||
|
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - April 13, 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
|
1Q-11
|
2Q-11
|
2Q-11
|
3Q-11
|
4Q-11
|
||||||||||
|
A
|
A
|
E
|
E
|
E
|
||||||||||||||||||||
|
Brazil Semisubmersibles (4) (c )(h)
|
||||||||||||||||||||||||
|
Noble Dave Beard (b)
|
F&G 9500 Enhanced Pacesetter
|
1986/2008
|
10,000'-DP
|
Brazil
|
Petrobras
|
Mid Mar 2010
|
Mid Mar 2015
|
219-221
|
Eligible for a maximum 15% performance bonus.
|
8
|
||||||||||||||
|
Noble Clyde Boudreaux (a)
|
F&G 9500 Enhanced Pacesetter
|
1987/2007
|
10,000'
|
US GOM
|
Shipyard
|
Mid Dec 2010
|
Early Apr 2011
|
-
|
Subsea System has been certified.
|
|||||||||||||||
|
Brazil
|
Shell
|
Early Apr 2011
|
Early Apr 2012
|
289-291
|
Plus $6 million mobilization fee. Eligible for a maximum 15% performance bonus.
|
|||||||||||||||||||
|
Noble Paul Wolff
|
Noble EVA 4000™
|
1981/1999/2006
|
9,200'-DP
|
Brazil
|
Petrobras
|
Early Nov 2009
|
Early Nov 2014
|
427-429
|
Eligible for a maximum 15% performance bonus. Timing of survey subject to change.
|
16
|
16
|
61
|
||||||||||||
|
Noble Therald Martin (b)
|
Pentagone 85
|
1977/2004
|
4,000'
|
Brazil
|
Petrobras
|
Mid Oct 2010
|
Mid Oct 2015
|
269-271
|
Eligible for a maximum of 10% performance bonus.
|
1
|
45
|
|||||||||||||
|
Brazil Drillships (3) (c )(h)
|
||||||||||||||||||||||||
|
Noble Roger Eason (b)
|
NAM Nedlloyd-C
|
1977/2005
|
7,200'-DP
|
Brazil
|
Petrobras
|
Mid Mar 2010
|
Late Feb 2012
|
346-348
|
Eligible for a maximum of 15% performance bonus.
|
|||||||||||||||
|
Brazil
|
Petrobras
|
Late Feb 2012
|
Mid Oct 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.
|
2
|
||||||||||||||||||
|
Brazil
|
Petrobras
|
Mid Oct 2012
|
Mid Aug 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
|
Late Jun 2009
|
Early Feb 2011
|
300-302
|
Eligible for a maximum of 15% performance bonus.
|
|||||||||||||||
|
Brazil
|
Petrobras
|
Early Feb 2011
|
Early Nov 2011
|
89-91
|
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.
|
68
|
33
|
92
|
||||||||||||||||
|
Brazil
|
Petrobras
|
Late Dec 2011
|
Late Jan 2016
|
300-302
|
Eligible for a maximum of 15% performance bonus.
|
|||||||||||||||||||
|
Noble Muravlenko
|
Gusto Engineering Pelican Class
|
1982/1997
|
4,900’-DP
|
Brazil
Brazil
|
Petrobras
Petrobras
|
Early May 2009
4Q 2011
|
4Q 2011
Mid May 2015
|
289-291
289-291
|
Eligible for a maximum of 15% performance bonus.
Eligible for a maximum of 15% performance bonus. Received MOU 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. The Petrobras Noble Muravlenko/Noble Phoenix swap is subject to Petrobras Board approval and finalization of contract.
|
13
|
|
|||||||||||||
|
North Sea Semisubmersible (1)
|
||||||||||||||||||||||||
|
Noble Ton van Langeveld
|
Offshore Co. SCP III Mark 2
|
1979/2000
|
1,500'
|
United Kingdom
|
Centrica/Maersk
|
Early Dec 2010
|
Late Aug 2011
|
246-248
|
Plus five fixed-priced options.
|
|||||||||||||||
|
North Sea/Mediterranean Semisubmersible (1)
|
||||||||||||||||||||||||
|
Noble Homer Ferrington
|
F&G 9500 Enhanced Pacesetter
|
1985/2004
|
7,200
|
Morocco
|
ExxonMobil
|
Mid Apr 2009
|
Mid Apr 2012
|
504-506
|
We have initiated arbitration proceedings with both ExxonMobil and BP with respect to an assignment of the drilling contract from ExxonMobil to BP. Payment of the dayrate is subject to the resolution to this dispute. The rig was on standby from April 30, 2010 to Mid March 2011. Pending resolution of this dispute, the Company is reserving the revenue stream during this period. Assignment to Repsol for 2 wells plus 2 priced options; began Mid March 2011.
|
|||||||||||||||
|
North Sea Jackups (8)
|
||||||||||||||||||||||||
|
Noble Hans Deul
|
F&G JU-2000E
|
2009
|
400'-IC
|
Netherlands
|
Shell
|
Early Feb 2009
|
Early Feb 2011
|
127-129
|
||||||||||||||||
|
Netherlands
|
Shell
|
Early Feb 2011
|
Early Feb 2013
|
174-176
|
Unit will move to the United Kingdom Late April 2011.
|
|||||||||||||||||||
|
Noble Julie Robertson
|
Baker Marine Europe Class
|
1981/2001
|
390'-IC (e)
|
United Kingdom
|
Centrica
|
Mid Feb 2010
|
Mid Jan 2011
|
86-88
|
||||||||||||||||
|
United Kingdom
|
Shipyard
|
Mid Jan 2011
|
Late Mar 2011
|
-
|
Contract preparations.
|
71
|
||||||||||||||||||
|
United Kingdom
|
Centrica
|
Late Mar 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
|
||||||||||||||||||||
|
Noble Byron Welliver
|
CFEM T-2005-C
|
1982
|
300’-IC
|
United Kingdom
|
ATP
|
Early Mar 2010
|
Mid Jan 2011
|
85-87
|
||||||||||||||||
|
United Kingdom
|
Shipyard
|
Late Jan 2011
|
Late Feb 2011
|
-
|
Available.
|
|
||||||||||||||||||
|
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
|
||||||||||||||||||||
|
Netherlands
|
Chevron
|
Early Jun 2011
|
Late Nov 2011
|
88-91
|
Plus two priced option well.
|
|||||||||||||||||||
|
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 option.
|
|||||||||||||||||||
|
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
|
Late Jun 2012
|
84-86
|
2-years firm plus a 1-year priced option; which is subject to a 240-day notice of cancellation. We moved the unit to a duty free zone on 12/29/2010. We have received a new temporary import permit for this unit and received customs clearance on March 9, 2011. We experienced a fire on March 19, 2011 on the rig and anticipate +/- five months of downtime to complete the repairs. We are discussing a potential rig swap with the customer.
|
81
|
13
|
78
|
60
|
|||||||||||
|
Noble Tommy Craighead
|
F&G L-780 MOD II
|
1982/2003
|
300’-IC
|
Cameroon
|
EurOil
|
Early May 2010
|
Late Apr 2011
|
89-91
|
Plus two priced option wells. Anticipate entering the shipyard in Late April 2011 for regulatory inspection and upgrades.
|
13
|
52
|
31
|
||||||||||||
|
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.
|
13
|
5
|
|||||||||||||
|
Noble Lloyd Noble
|
MLT Class 82-SD-C
|
1983/1990
|
250’-IC
|
Nigeria
|
NOAC (Agip)
|
Mid Oct 2010
|
Early Jan 2011
|
89-91
|
||||||||||||||||
|
Cameroon
|
Shipyard
|
Early Jan 2011
|
-
|
Available.
|
||||||||||||||||||||
|
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.
|
||||||||||||||||||||||||
|
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - April 13, 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
|
1Q-11
|
2Q-11
|
2Q-11
|
3Q-11
|
4Q-11
|
||||||||||
|
A
|
A
|
E
|
E
|
E
|
||||||||||||||||||||
|
Arabian Gulf Jackups (14) (c )
|
||||||||||||||||||||||||
|
Noble Scott Marks
|
F&G JU-2000E
|
2009
|
400'-IC
|
Netherlands
|
Centrica
|
Early Sep 2010
|
Mid Jan 2011
|
212-214
|
||||||||||||||||
|
UAE (Hamriyah)
|
Shipyard
|
Mid Jan 2011
|
Mid Jun 2011
|
-
|
Mobilization and contract preparation.
|
72
|
13
|
63
|
||||||||||||||||
|
Saudi Arabia
|
Saudi Aramco
|
Mid Jun 2011
|
Mid Jun 2014
|
236-238
|
Plus lump sum mobilization and capital upgrades. Customer may cancel this contract for convenience with 30 days notice, but must pay a termination fee of 50% of the dayrate for the remaining contracted time.
|
|||||||||||||||||||
|
Noble Roger Lewis
|
F&G JU-2000E
|
2007
|
400'-IC
|
UAE (Hamriyah)
|
Shipyard
|
Late Apr 2010
|
Late Feb 2011
|
-
|
Installation of leg extensions; upgrading steel, and contract preparation.
|
61
|
||||||||||||||
|
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 May 2011
|
51-53
|
Accommodation work. Plus two two-month priced options.
|
|||||||||||||||
|
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 Sep 2010
|
Late Apr 2011
|
59-61
|
Work over program.
|
|||||||||||||||
|
UAE (Hamriyah)
|
Shipyard
|
Late Apr 2011
|
Mid Jun 2011
|
-
|
Contract preparation; including adding additional leg length.
|
50
|
||||||||||||||||||
|
328'-IC
|
Ras Al Khalmah
|
RAK Al Khalij
|
Mid Jun 2011
|
Early Aug 2011
|
88-90
|
Plus up to 150-day priced option.
|
||||||||||||||||||
|
Oman
|
RAK Petroleum Oman
|
Early Aug 2011
|
Mid 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.
|
|||||||||||||||
|
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
|
Late Apr 2011
|
49-51
|
Accommodation work.
|
|||||||||||||||
|
Noble Charles Copeland
|
MLT Class 82-SD-C
|
1979/2001
|
280’-IC
|
UAE (Hamriyah)
|
Shipyard
|
Early Dec 2009
|
-
|
Available. The unit is currently warm stacked.
|
||||||||||||||||
|
Noble Chuck Syring
|
MLT Class 82-C
|
1976/1996
|
250’-IC
|
Qatar
|
RasGas
|
Early Feb 2010
|
Early Feb 2012
|
47-49
|
Accommodation work; plus one one-year priced option. Contract is subject to a 120-day notice of cancellation.
|
|||||||||||||||
|
Dhabi II
|
Baker Marine BMC 150
|
1982/2006
|
150'-IC
|
UAE (Abu Dhabi)
|
ADOC
|
Mid Jul 2008
|
Mid Jul 2011
|
91-93
|
14
|
|||||||||||||||
|
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.
|
2 | ||||||||||||||
|
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
|
Brunei
|
Shell
|
Late Oct 2010
|
Mid Mar 2011
|
339-341
|
||||||||||||||||
|
Shipyard & In-transit & acceptance testing
|
Noble
|
Mid Mar 2011
|
4Q 2011
|
-
|
Received MOU to swap the Noble Phoenix for Noble Muravlenko to complete current Noble Muravlenko contract. Expect substitution to take place in 4Q 2011. Remainder of Noble Phoenix contract with Shell is cancelled. The Petrobras Noble Muravlenko/Noble Phoenix swap is subject to Petrobras Board approval and finalization of contract.
|
34
|
13
|
78
|
92
|
|||||||||||||||
|
Noble Discoverer
|
Arctic Class Hull ICE-05; Sonat Discoverer Class
|
1976/2009
|
1,000'
|
New Zealand
|
Shell
|
Early Jan 2011
|
Early May 2011
|
154-156
|
25
|
|||||||||||||||
|
TBA
|
Shell
|
Early May 2011
|
Mid Nov 2011
|
154-156
|
Plus two one-year priced options.
|
|||||||||||||||||||
|
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
||||||||||||||||||||||||
|
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - April 13, 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
|
1Q-11
|
2Q-11
|
2Q-11
|
3Q-11
|
4Q-11
|
||||||||||
|
A
|
A
|
E
|
E
|
E
|
||||||||||||||||||||
|
Newbuild Drillship (7)
|
||||||||||||||||||||||||
|
Noble Globetrotter I - Newbuild
|
Globetrotter Class
|
2011
|
10,000'-DP
|
Dalian, China - STX / Netherlands - Huisman
|
Shipyard
|
Mid Oct 2011
|
-
|
|||||||||||||||||
|
In-transit & acceptance testing
|
Mid Oct 2011
|
Late Dec 2011
|
-
|
|||||||||||||||||||||
|
US GOM
|
Shell
|
Early Jan 2012
|
Late Dec 2021
|
409-411
|
Contract is at a fixed dayrate the first five years and is eligible for a 15% performance bonus. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
|||||||||||||||||||
|
Noble Globetrotter II - Newbuild
|
Globetrotter Class
|
2013
|
10,000'-DP
|
Dalian, China - STX / Netherlands - Huisman
|
Shipyard
|
Early Jun 2013
|
-
|
|||||||||||||||||
|
In-transit & acceptance testing
|
Early Jun 2013
|
Late Oct 2013
|
-
|
|||||||||||||||||||||
|
TBA
|
Shell
|
Early Nov 2013
|
Late Oct 2023
|
409-411
|
Contract is at a fixed dayrate the first five years and is eligible for a 15% performance bonus. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
|||||||||||||||||||
|
Noble Bully I (g) - Newbuild
|
GustoMSC Bully PRD 12000
|
2011
|
8,200'-DP
|
Keppel
|
Shipyard
|
Late Jul 2011
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Late Jul 2011
|
Late Nov 2011
|
||||||||||||||||||||||
|
US GOM
|
Shell
|
Late Nov 2011
|
Late Nov 2016
|
440-445
|
Plus four 1-year priced options.
|
|||||||||||||||||||
|
Noble Bully II (g) - Newbuild
|
GustoMSC Bully PRD 12000
|
2011
|
8,200'-DP
|
Keppel
|
Shipyard
|
Late Sep 2011
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Early Oct 2011
|
Mid Dec 2011
|
Actual start-up time will be influenced by the length of the customs importation process.
|
|||||||||||||||||||||
|
Brazil
|
Shell
|
Late Dec 2011
|
Late Dec 2021
|
440-445
|
Contract is at a fixed dayrate the first five years. During the second five years, the unit will earn a dayrate based on a market index and also be eligible for a 15% performance bonus.
|
|||||||||||||||||||
|
HHI Drillship I - Newbuild
|
Gusto P10,000
|
2013
|
12,000'-DP
|
Korea
|
Shipyard
|
Second Quarter 2013
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Second Quarter 2013
|
Second Half of 2013
|
TBA
|
|||||||||||||||||||||
|
TBA
|
Shell
|
Second Half of 2013
|
Late 2018
|
409-411
|
Received Letter of Intent. Eligible for a 15% performance bonus. Drilling contract term will be 5 1/2 years.
|
|||||||||||||||||||
|
HHI Drillship II - Newbuild
|
Gusto P10,000
|
2013
|
12,000'-DP
|
Korea
|
Shipyard
|
Fourth Quarter 2013
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Fourth Qtr 2013
|
TBA
|
||||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
HHI Drillship III - Newbuild
|
Gusto P10,000
|
2014
|
12,000'-DP
|
Korea
|
Shipyard
|
Second Quarter 2014
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Second Quarter 2014
|
TBA
|
Fixed price option for one additional drillship. The option must be declared by late August 2011 for delivery in 2014.
|
|||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
Newbuild Jackups (4)
|
||||||||||||||||||||||||
|
Noble Jackup I - Newbuild
|
F&G JU-3000N
|
2012
|
400'-IC
|
Jurong
|
Shipyard
|
Fourth Quarter 2012
|
Options for up to two additional units which must be exercised by January 1, 2012.
|
|||||||||||||||||
|
In-transit & acceptance testing
|
First Quarter 2013
|
TBA
|
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.
|
|||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
Noble Jackup II - Newbuild
|
F&G JU-3000N
|
2013
|
400'-IC
|
Jurong
|
Shipyard
|
Second Quarter 2013
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Third Quarter 2013
|
TBA
|
||||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
Noble Jackup III - Newbuild
|
F&G JU-3000N
|
2013
|
400'-IC
|
Jurong
|
Shipyard
|
Fourth Quarter 2013
|
||||||||||||||||||
|
In-transit & acceptance testing
|
Fourth Quarter 2013
|
TBA
|
||||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
Noble Jackup IV - Newbuild
|
F&G JU-3000N
|
2014
|
400'-IC
|
Jurong
|
Shipyard
|
First Quarter 2014
|
||||||||||||||||||
|
In-transit & acceptance testing
|
First Quarter 2014
|
TBA
|
||||||||||||||||||||||
|
TBA
|
TBA
|
TBA
|
TBA
|
TBA
|
||||||||||||||||||||
|
Other (1)
|
||||||||||||||||||||||||
|
Noble Seillean - FPSO
|
A1 Floating Production & Storage Installation LMC, category 2B ship
|
1989/2008
|
6,500'-DP
|
US GOM
|
Late Oct 2010
|
-
|
Available. The unit is currently warm stacked.
|
|||||||||||||||||
|
468
|
65
|
356
|
346
|
173
|
||||||||||||||||||||
|
(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.
|
2011 Total: (includes: planned shipyard and downtime days only.)
|
1408
|
|||||||||||||||||||||
|
(d)
|
Listed rigs are modified bareboat charter; cost structure varies by region.
|
Definitions of Date Ranges:
|
||||||||||||||||||||||
|
(e)
|
Leg extensions fabricated to enable the rig to operate in up to 390' of water in a non-harsh environment.
|
Early: 1st - 10th
|
||||||||||||||||||||||
|
(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.
|
Mid: 11th - 20th
|
||||||||||||||||||||||
|
(g)
|
Commitment split 50/50 - Joint Venture between Shell and Noble Corp.
|
Late: 21st - End of Month
|
||||||||||||||||||||||
|
(h)
|
The drilling contract provides the client with the right to terminate the contract in the event of excessive downtime.
|
|||||||||||||||||||||||
|
(i)
|
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.
|
|||||||||||||||||||||||
|
*
|
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.
|
|||||||||||||||||||||||
|
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.
|
||||||||||||||||||||||||
|
# =
|
Rate withheld at request of operator.
|
|||||||||||||||||||||||
|
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
|
||||||||||||||||||||||||