EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

Exhibit 99.1
 
Logo 1
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 2009
.
   
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
 
3Q-09
3Q-09
4Q-09
                             
A
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 (5)
                         
                             
E
E
E
 
Noble Clyde Boudreaux (a, b)
F&G 9500 Enhanced Pacesetter
1987/2007
10,000'
US GOM
 
Shell
6/28/2009
 
09/27/2009
 
604-606
   
18
   
         
US GOM
 
Shell
9/28/2009
 
11/11/2009
 
244-246
         
         
US GOM
 
Noble Energy
11/12/2009
 
11/11/2011
 
604-606
         
                                   
 
Noble Amos Runner (a)
Noble EVA 4000™
1982/1999
8,000'
US GOM
 
Anadarko
4/25/2008
 
3/08/2011
 
439-441
         
                                   
 
Noble Jim Thompson  (a) 
Noble EVA 4000™
1984/1999
6,000'
US GOM
 
Shell
3/02/2009
 
3/01/2011
 
504-506
         
                                   
 
Noble Paul Romano (a)
Noble EVA 4000™
1981/1998
6,000'
US GOM
 
Marathon
2/17/2009
 
2/16/2010
 
481-483
Operator has indicated that they expect to extend the contract up to +/- 120 days.
 
9
   
                                   
 
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
 
Mariner
3/14/2009
 
9/13/2009
 
67-69
         
                                   
 
Noble Lester Pettus
Pace Marine 85G
1982/2007
70’-C
US GOM
 
Shipyard
6/10/2009
     
-
Cold Stacked.
 
57
34
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
     
2
 
                                   
 
Mexico Jackups (12) (c, d)
                             
 
Noble Bill Jennings
MLT Class 84-E.R.C.
1975/1997
390’-IC
Bay of Campeche
 
Pemex
6/18/2009
 
6/17/2010
 
121-123
This contract commenced 6/18/2008. This contract reprices every three months based on an index of jackup rates in seven international regions. On 6/18/2009, the contract repriced at a new dayrate of $121k-$123k. The next date on which the contract is expected to reprice is 9/18/2009.
       
                                   
 
Noble Eddie Paul
MLT Class 84-E.R.C.
1976/1995
390’-IC
Bay of Campeche
 
Pemex
6/05/2007
 
12/03/2009
 
177-179
   
16
   
                                   
 
Noble Leonard Jones
MLT Class 53-E.R.C.
1972/1998
390’-IC
Bay of Campeche
 
Pemex
6/24/2007
 
12/22/2009
 
185-187
         
                                   
 
Noble Roy Butler
F&G L-780 MOD II
1982/1998
300’-IC (f)
Bay of Campeche
 
Pemex
3/06/2009
 
4/23/2010
 
167-169
         
                                   
 
Noble Johnnie Hoffman
Baker Marine BMC 300
1976/1993
300’-IC
Bay of Campeche
 
Pemex
10/31/2007
 
4/14/2010
 
170-172
         
                                   
 
Noble Gene Rosser
Levingston Class 111-C
1977/1996
300’-IC
Bay of Campeche
 
Pemex
12/21/2007
 
6/20/2010
 
170-172
       
10
                                   
 
Noble John Sandifer
Levingston Class 111-C
1975/1995
300’-IC
Bay of Campeche
 
Pemex
9/24/2007
 
3/20/2010
 
170-172
         
                                   
 
Noble Lewis Dugger
Levingston Class 111-C
1977/1997
300’-IC
Bay of Campeche
 
Pemex
6/18/2009
 
1/31/2010
 
122-124
This contract commenced 6/18/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 6/18/2009, the contract repriced at a new dayrate of $122k-$124k. The next date on which the contract is expected to reprice is 9/18/2009.
       
                                   
 
Noble Sam Noble
Levingston Class 111-C
1982
300’-IC
Bay of Campeche
 
Pemex
9/22/2007
 
3/21/2010
 
170-172
         
                                   
 
Noble Earl Frederickson
MLT Class 82-SD-C
1979/1999
250’-IC
Bay of Campeche
 
Pemex
4/13/2009
 
7/12/2009
 
121-123
This contract commenced 7/13/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. During the period from 4/13/2009 until 7/12/2009, the rate was fixed at a dayrate of $121k-$123k.
     
21
         
Bay of Campeche
 
Pemex
7/13/2009
 
8/25/2010
 
104-106
On 7/13/2009, the contract repriced at a new dayrate of $104k-$106k. The next date on which the contract is expected to reprice is 10/13/2009.
       
                                   
 
Noble Tom Jobe
MLT Class 82-SD-C
1982
250’-IC
Bay of Campeche
 
Pemex
5/07/2009
 
08/06/2009
 
132-134
This contract commenced 8/07/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. During the period of 5/07/2009 until 8/06/2009, the rate was fixed at a dayrate of $132k-$134k.
 
1
   
         
Bay of Campeche
 
Pemex
08/07/2009
 
12/06/2011
 
108-110
On 8/07/2009, the contract repriced at a new dayrate of $108k -110k. The next date on which the contract is expected to reprice is 11/07/2009.
       
                                   
 
Noble Carl Norberg
MLT Class 82-C
1976/2003
250'-IC
Bay of Campeche
 
Pemex
3/02/2009
 
9/01/2009
 
154-156
This 731 day contract is fixed at a dayrate of $154k-$156k until 9/01/2009, after which the contract reprices every three months based on an index of jackup rates in seven international regions.
       
         
Bay of Campeche
 
Pemex
9/02/2009
 
3/02/2011
 
108-110
On 9/02/2009, the contract will reprice at a new dayrate of $108k-$110k. The next date on which the contract is expected to reprice is 12/02/2009.
       
                                   
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                         
 
 
Page 1 of 4

 
 
Logo 1
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 2009
 
.
   
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
 
3Q-09
3Q-09
4Q-09
                             
A
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
3/29/2009
 
12/31/2009
 
-
We have reached an agreement with Petrobras regarding late delivery penalties on the unit. Under the terms of the agreement, Noble will provide additional capital equipment on the unit for Petrobras’ use. In exchange, the delivery date for the unit has been reset to October 24, 2009. Since the unit is expected to begin work under the contract at the end of 2009, the Company may still incur a penalty. Also, Petrobras retains a right to cancel the contract if the rig is not delivered by January 22, 2010. Installing thrusters, commissioning dynamic positioning and drilling systems.
       
         
Brazil
 
Petrobras
1/01/2010
 
12/31/2014
 
219-221
Eligible for a maximum 15% bonus.
       
                                   
 
Noble Paul Wolff
Noble EVA 4000™
1981/1999/ 2006
9,200'-DP
Brazil
 
Shipyard
6/04/2009
 
7/15/2009
 
-
Regulatory inspection.
 
15
   
         
Brazil
 
Petrobras
7/16/2009
 
11/03/2009
 
163-165
Eligible for a maximum 20% performance bonus.
       
         
Brazil
 
Petrobras
11/04/2009
 
11/03/2014
 
427-429
Eligible for a maximum 15% performance bonus. Petrobras has an option to convert this to a 6-year term at $416k/day plus a maximum 18% performance bonus; option must be exercised by 11/01/2009.
       
                                   
 
Noble Therald Martin (b)
Pentagone 85
1977/2004
4,000'
Brazil
 
Petrobras
4/11/2007
 
10/17/2010
 
113-115
Eligible for a maximum 15% performance bonus.
       
         
Brazil
 
Petrobras
10/18/2010
 
10/17/2015
 
269-271
Eligible for a maximum 10% performance bonus.
       
                                   
 
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 15% performance bonus.
       
         
Brazil
 
Petrobras
3/15/2010
 
11/29/2011
 
346-348
Eligible for a maximum of 15% performance bonus.
 
9
   
         
Brazil
 
Petrobras
11/30/2011
 
4/28/2012
 
89-91
Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.
       
         
Brazil
 
Petrobras
4/29/2012
 
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
 
10/30/2010
 
300-302
Eligible for a maximum of 15% performance bonus.
 
8
   
         
Brazil
 
Petrobras
10/31/2010
 
3/30/2011
 
89-91
Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.
       
         
Brazil
 
Petrobras
3/31/2011
 
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
 
6/29/2011
 
289-291
Eligible for a maximum of 15% performance bonus.
 
1
   
         
Brazil
 
Petrobras
6/30/2011
 
11/27/2011
 
89-91
Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.
       
         
Brazil
 
Petrobras
11/28/2011
 
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
 
Venture
6/30/2009
 
6/30/2010
 
379-381
Plus a six month priced option at a dayrate of $380k to be declared before 12/31/2009.
       
                                   
 
North Sea/Mediterranean Semisubmersible (1)
                       
 
Noble Homer Ferrington
F&G 9500 Enhanced Pacesetter
1985/2004
7,200
Malta/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.
 
6
   
                                   
 
North Sea Jackups (9)
                         
 
Noble Hans Deul
F&G JU-2000E
2008
400'-IC
Netherlands
 
Shell
2/06/2009
 
2/05/2011
 
127-129
   
5
   
                                   
 
Noble Scott Marks
F&G JU-2000E
2009
400'-IC
In-transit/
Rotterdam
 
Venture
6/25/2009
 
9/06/2009
 
44-46
The Noble Scott Marks arrived in Rotterdam 8/19/2009 for final outfitting.
       
         
North Sea
 
Venture
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
 
Venture
9/15/2008
 
9/14/2009
 
197-199
     
4
 
         
United Kingdom
 
Venture
9/15/2009
 
9/14/2010
 
211-213
         
                                   
 
Noble Al White
CFEM T-2005-C
1982/2005
360’-IC
Netherlands
 
Total
10/08/2008
 
10/07/2009
 
207-209
         
                                   
 
Noble Byron Welliver
CFEM T-2005-C
1982
300’-IC
Denmark
 
Maersk
9/04/2008
 
8/11/2009
 
209-211
         
         
Denmark (Esbjerg)
 
Shipyard
8/12/2009
 
9/30/2009
 
-
Upgrades and repairs
 
15
34
 
                                   
 
Noble Lynda Bossler
MSC/CJ-46
1982
250’-IC
Netherlands
 
Wintershall
3/02/2009
 
8/01/2009
 
219-221
         
         
Netherlands
 
Cirrus Energy
8/02/2009
 
10/01/2009
 
219-221
         
                                   
 
Noble Piet van Ede
MSC/CJ-46
1982
250’-IC
Netherlands
 
Gaz de France
1/01/2009
 
8/23/2009
 
211-213
         
         
Netherlands
 
Gaz de France
8/24/2009
 
5/10/2010
 
151-153
Three well extention; estimated time to complete all three wells is +/-260 days.
       
         
Netherlands
 
Gaz de France
5/11/2010
 
10/07/2010
 
108-110
Two well extention; estimated time to complete wells is +/- 150 days.
       
                                   
 
Noble Ronald Hoope
MSC/CJ-46
1982
250’-IC
Netherlands
 
Gaz de France
1/01/2009
 
12/31/2009
 
211-213
         
                                   
 
Noble George Sauvageau
NAM Nedlloyd-C
1981
250’-IC
Netherlands
 
Wintershall
1/01/2009
 
12/31/2009
 
219-221
         
         
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

 
 
Logo 1
 
 
NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 2009
.
   
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
 
3Q-09
3Q-09
4Q-09
                             
A
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
 
3/27/2010
 
182-184
         
                                   
 
Noble Tommy Craighead
F&G L-780 MOD II
1982/2003
300’-IC
Cameroon
 
Shipyard
5/19/2009
 
10/31/2009
 
-
Available.
 
57
 
 
                                   
 
Noble Ed Noble
MLT Class 82-SD-C
1984/2003
250’-IC
Nigeria
 
ExxonMobil
9/03/2008
 
7/02/2009
 
172-174
         
         
Nigeria
 
ExxonMobil
7/03/2009
 
1/31/2010
 
114-116
Contract is subject to a 30-day notice of cancellation by either party.
       
                                   
 
Noble Lloyd Noble
MLT Class 82-SD-C
1983/1990
250’-IC
Cameroon
 
Shipyard
5/19/2009
     
-
Available.
 
57
   
                                   
 
Noble Don Walker
Baker Marine BMC 150-SD
1982/1992
150’-IC
Cameroon
 
Shipyard
3/11/2009
     
-
Available.
 
57
   
                                   
 
Arabian Gulf Jackups (14) (c )
                         
 
Noble Roger Lewis
F&G JU-2000E
2007
400'-IC
Qatar
 
Shell
2/03/2008
 
2/02/2010
 
104-106
         
                                   
 
Noble Jimmy Puckett
F&G L-780 MOD II
1982/2002
300'-IC
Qatar
 
RasGas
6/19/2009
 
4/15/2010
 
59-61
         
             
RasGas - Options
4/16/2010
 
TBA
 
65-73
Exercised one well @ $65k-$67k (1st of nine option wells). Remaining options but not yet exercised: Eight wells @ $65k-$67k/day and nine wells @ $71k-$73k/day. Estimated time to complete each well is +/- 65 days.
       
                                   
 
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
Received contract customer projects length is +/- 10 months, however, contract is subject to a 90-day notice of cancellation or extension.
       
                                   
 
Noble Gus Androes
Levingston Class 111-C
1982/2004
300'-IC
UAE (Hamriyah)
 
Shipyard
4/30/2009
 
8/10/2009
 
-
Available.
       
         
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.
 
41
   
                                   
 
Noble Harvey Duhaney
Levingston Class 111-C
1976/2001
300'-IC
Qatar
 
Total
4/05/2009
 
4/04/2010
 
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
10/12/2007
 
10/11/2009
 
#
Rate withheld at request of operator.
       
         
UAE (Dubai)
 
Dubai Petroleum
10/12/2009
 
10/12/2011
 
#
Received Letter of Intent. Rate withheld at request of operator.
       
                                   
 
Noble Roy Rhodes
MLT Class 116-C
1979
300’-IC (g)
UAE (Sharjah)
 
Shipyard
4/16/2009
 
10/01/2009
 
-
Upgrades and regulatory inspection.
 
57
35
 
                                   
 
Noble Cees van Diemen
Modec 300C-38
1981/2004
300'-IC
UAE (Hamriyah)
 
Shipyard
5/14/2009
     
-
Available.
 
57
   
                                   
 
Noble David Tinsley
Modec 300C-38
1981/2004
300'-IC
UAE (Hamriyah)
 
Shipyard
5/09/2009
 
7/13/2010
 
-
Estimated timing for leg repair/replacement.
 
57
35
92
                                   
 
Noble Gene House
Modec 300C-38
1981/1998
300'-IC
Qatar
 
Maersk Oil Qatar
5/21/2009
 
2/19/2010
 
47-49
Received Contract for rig to serve as an accommodation. Contract is for a minimum of six months firm and is subject to a three month cancellation notice.
       
                                   
 
Noble Charles Copeland
MLT Class 82-SD-C
1979/2001
280’-IC
UAE (Hamriyah)
 
Shipyard
6/16/2009
 
7/27/2009
 
-
   
27
   
         
Qatar
 
RasGas
7/28/2009
 
10/06/2009
 
47-49
Received contract for rig to serve as an accommodation.
       
                                   
 
Noble Chuck Syring
MLT Class 82-C
1976/1996
250’-IC
Qatar
 
Maersk
11/12/2007
 
11/11/2009
 
162-163
       
50
                                   
 
Dhabi II
Baker Marine BMC 150
1982/2006
150'-IC
UAE (Abu Dhabi)
 
ADOC
7/15/2008
 
7/14/2011
 
91-93
         
                                   
 
Noble Dick Favor
Baker Marine BMC 150
1982/2004
150’-IC
UAE (Sharjah)
 
Shipyard
10/21/2008
     
-
 Available.  
57
 
   
 
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.
                         
 
 
Page 3 of 4

 
 
Logo 1
 
  NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 2009 .    
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
 
3Q-09
3Q-09
4Q-09
                             
A
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
 
Jindal/ONGC
1/15/2007
 
9/30/2009
 
82-83
Rig bareboat chartered to Jindal which is contracted with ONGC.
     
31
                                   
 
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
1/30/2007
 
1/29/2010
 
130-131
Rig bareboat chartered to Jindal which is contracted with ONGC.
       
                                   
 
Far East Semisubmersibles (2)
                         
                                   
 
Noble Danny Adkins - Newbuild
Bingo 9000
1999/2009
12,000'-DP
Singapore - Jurong
 
Shipyard
   
9/30/2009
 
-
         
         
In-transit & acceptance testing
 
Shell
10/01/2009
 
1/31/2010
 
424-426
We have reached an agreement with Shell that modifies our contract such that the unit must be delivered from the shipyard by January 1, 2010 or the customer has the right to terminate the contract. There are no changes to the financial terms of the contract. The rig is expected to experience approximately 21 days of downtime in 1Q 2010 for contract preparation.
       
         
US GOM
 
Shell
2/01/2010
 
10/31/2013
 
446-448
         
                                   
 
Noble Jim Day - Newbuild
Bingo 9000
1999/2009
12,000'-DP
Singapore - Jurong
 
Shipyard
   
4/30/2010
 
-
         
         
In-transit & acceptance testing
 
Marathon
5/01/2010
 
8/14/2010
 
-
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
8/15/2010
 
8/14/2014
 
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.
       
                                   
                             
627
144
296
(a)
Unit has been upgraded to the NC-5SM mooring standard.
     
(b)
Rig utilizes the Aluminum Alloy Riser technology.
2009 Total (includes: shipyard, stacked, and downtime days.)
2760
(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.
(d)
Listed rigs are modified bareboat charter; cost structure varies by region.
(e)
Leg extensions fabricated to enable the rig to operate in up to 390' of water in a non-harsh environment.
(f)
Rig is currently equipped to operate in 250' of water. Leg extensions fabricated to enable the rig to operate in up to 300' of water.
(g)
Rig is currently equipped to operate in 250' 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