EX-99 2 exhibit99form8kmay2006.htm EXHIBIT 99.1 EXHIBIT 99.1
EXHIBIT 99.1

ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of May 15, 2006


Statements contained in this Contract Status of Offshore Rig Fleet report including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contracts or rig utilization. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) renegotiation or adjustment of day rates (ii) timing of completion of work in progress, (iii) actual duration of wells, (iv) letter of intent or contract cancellations; (v) early contract termination, (vi) actual timing of contract term completion, (vii) finalization, modifications or termination of commitments made verbally or by letters of intent, (viii) new contracts or contract extensions, and (ix) the operational and other risks described from time to time in the Company's SEC filings. Copies of such filings may be obtained at no charge by contacting the Company's Investor Relations Department at 214-397-3045 or the investor relations section of the Company's website at http://www.enscous.com.
 
All information in this rig status release is as of date posted. The Company undertakes no duty to update the contents of this Contract Status of Offshore Rig Fleet report or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.

            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               
North & South
America          

Gulf of Mexico
Jackups
                      
ENSCO 60  Levingston 111-C  300  LLOG  Mid 130's  Gulf of Mexico  Jul. 06    
ENSCO 68  MLT 116-CE  400  Tarpon  Mid 160's  Gulf of Mexico  Jun. 06  Next to Seneca to Jun. 06, mid 160's 
ENSCO 74  MLT Super 116-C  400  Dominion  Mid 160's  Gulf of Mexico  Jun. 06    
ENSCO 75  MLT Super 116-C  400  Apache  Mid 160's  Gulf of Mexico  Jun. 06  Next to Hydro GOM to Sep. 06, mid 180's 
ENSCO 81  MLT 116-C  350  Apache  Mid 150's  Gulf of Mexico  Jun. 06    
ENSCO 82  MLT 116-C  300  Chevron  Low 150's  Gulf of Mexico  Aug. 06    
ENSCO 83  MLT 82 SD-C  250  Gryphon  Low 120's  Gulf of Mexico  May 06  Next to ADTI to Jul. 06, low 120's, then to shipyard until Dec. 06 
ENSCO 84  MLT 82 SD-C  250  Apache  Low 120's  Gulf of Mexico  Jun. 06  Expect to work in the Middle East for 3 years commencing Q1 07 following mobilization, mid 160's with cost adjustments 
ENSCO 86  MLT 82 SD-C  250  ExxonMobil  Low 110's  Gulf of Mexico  Jun. 06  Well to well, market rate 
ENSCO 87  MLT 116-C  350  Hunt Petroleum  Mid 150's  Gulf of Mexico  May 06  Next to Nexen to Jun. 06, mid 150's, then back to Hunt Petroleum to Oct. 06, market rate 
ENSCO 89  MLT 82 SD-C  250  Chevron  Low 120's  Gulf of Mexico  May 06    
ENSCO 90  MLT 82 SD-C  250  Apache  Low 120's  Gulf of Mexico  Jun. 06    
ENSCO 93  MLT 82 SD-C  250  Hunt Oil  Mid 120's  Gulf of Mexico  Jun. 06  Next to Tana to Jun. 06, mid 120's, then back to Hunt Oil to Sep. 06, mid 120's 
ENSCO 98  MLT 82 SD-C  250  Stone  Mid 70's  Gulf of Mexico  Aug. 06    
ENSCO 99  MLT 82 SD-C  250  ExxonMobil  Low 110's  Gulf of Mexico  Dec. 06  Well to well, market rate 
ENSCO 105  KFELS MOD V-B  400  EPL/Nexen  Low 140's  Gulf of Mexico  Feb. 07  Next expect to mobilize to Tunisia for up to 24-month program, low $200's with cost adjustments, plus unpriced options 

Semisubmersibles
                      
ENSCO 7500  Dynamically Positioned  8000  Chevron  Mid 180's  Gulf of Mexico  Feb. 08  Plus unpriced options 
ENSCO 8500  Dynamically Positioned  8500  Under construction     Singapore  2Q 08  Contracted in Gulf of Mexico to Anadarko, Dominion, Kerr McGee to 3Q 12, low 250's with cost adjustments & lump sum payment of $20 million, plus four 1-year same-rate options 
ENSCO 8501  Dynamically Positioned  8500  Under construction     Singapore  1Q 09  Contracted in Gulf of Mexico to Nexen and Noble Energy to 4Q 12, low 330's with cost adjustments, plus unpriced options 

Platform Rig
                      
ENSCO 25  3000 HP API     Chevron  Mid 30's  Gulf of Mexico  Dec. 06  Well to well 

South America
                      
ENSCO 69  MLT 84-S  400  ConocoPhillips  Low 70's  Venezuela  Sep. 07     

          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.
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ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of May 15, 2006


Statements contained in this Contract Status of Offshore Rig Fleet report including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contracts or rig utilization. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) renegotiation or adjustment of day rates (ii) timing of completion of work in progress, (iii) actual duration of wells, (iv) letter of intent or contract cancellations; (v) early contract termination, (vi) actual timing of contract term completion, (vii) finalization, modifications or termination of commitments made verbally or by letters of intent, (viii) new contracts or contract extensions, and (ix) the operational and other risks described from time to time in the Company's SEC filings. Copies of such filings may be obtained at no charge by contacting the Company's Investor Relations Department at 214-397-3045 or the investor relations section of the Company's website at http://www.enscous.com.
 
All information in this rig status release is as of date posted. The Company undertakes no duty to update the contents of this Contract Status of Offshore Rig Fleet report or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.

            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               
Europe & Africa

North Sea
                      
ENSCO 70  Hitachi K1032N  250  ATP  High 160's  UK  Nov. 06  Plus unpriced options 
ENSCO 71  Hitachi K1032N  225  Maersk  High 70's  Denmark  Aug. 07  Rate changes Aug. 06 to mid 90's, plus 1 year option, low 100's 
ENSCO 72  Hitachi K1025N  225  Total  High 160's  Netherlands  Dec. 07  Fixed rate for 06 with cost adjustments, 07 at market or agreed fixed rate, plus 1 year unpriced option 
ENSCO 80  MLT 116-CE  225  ConocoPhillips  Mid 160's  UK  Sep. 06  Fixed rate for 06 with cost adjustments, 07 options unpriced 
ENSCO 85  MLT 116-C  225  ExxonMobil  High 90's  UK  Jun. 06  Next to Newfield to Dec. 07, mid 160's for 06 work with cost adjustments, 07 and options unpriced 
ENSCO 92  MLT 116-C  225  ConocoPhillips  Mid 160's  UK  Oct. 06  Fixed rate for 06 with cost adjustments including four one-well options, next expect to work Jan. 07 to May 08, mid 160's with cost adjustments, plus unpriced options 
ENSCO 101  KFELS MOD V-A  400  Tullow  Mid 170's  UK  Dec. 06  Fixed rate for 06 with cost adjustments, 07 and options unpriced  
ENSCO 102  KFELS MOD V-A  400  ConocoPhillips  Low 150's   UK  Apr. 07  With cost adjustments, plus unpriced options 

Africa
                      
ENSCO 100  MLT 150-88-C  350  ExxonMobil  Mid 130's  Nigeria  Feb. 07  With cost adjustments, plus unpriced option 

Asia & Pacific Rim

Middle East/ India
                      
ENSCO 50  F&G L-780 Mod II-C  300  British Gas  Mid 70's  India  Dec. 06  Rate increases Jun. 06 to high 90's, plus unpriced option 
ENSCO 53  F&G L-780 Mod II-C  300  British Gas  High 90's  India  Dec. 06  Plus unpriced option 
ENSCO 54  F&G L-780 Mod II-C  300  Ras Gas  Mid 50's  Qatar  Jul. 07  Plus one 3-well option, mid 50's 
ENSCO 76  MLT Super 116-C  350  Saudi Aramco  Low 100's  Saudi Arabia  Sep. 08  Plus two 1-year options, mid 120's to high 130's 
ENSCO 88  MLT 82 SD-C  250  Ras Gas  Mid 60's  Qatar  May 08  Plus three 5-well options, high 70's to low 100's 
ENSCO 94  Hitachi 250-C  250  Ras Gas  Mid 50's  Qatar  Jan. 08  Plus two 7-well options, high 50's to low 60's 
ENSCO 95  Hitachi 250-C  250  Saudi Aramco  Mid 70's  Saudi Arabia  Nov. 08  Plus two 1-year options, mid 80's to mid 90's 
ENSCO 96  Hitachi 250-C  250  Saudi Aramco  Low 80's  Saudi Arabia  Dec. 08  Plus 1-year option, mid 90's 
ENSCO 97  MLT 82 SD-C  250  Saudi Aramco  Low 80's  Saudi Arabia  Oct. 07  Plus three 1-year options, low 90's to low 110's 
          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.
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ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of May 15, 2006


Statements contained in this Contract Status of Offshore Rig Fleet report including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contracts or rig utilization. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) renegotiation or adjustment of day rates (ii) timing of completion of work in progress, (iii) actual duration of wells, (iv) letter of intent or contract cancellations; (v) early contract termination, (vi) actual timing of contract term completion, (vii) finalization, modifications or termination of commitments made verbally or by letters of intent, (viii) new contracts or contract extensions, and (ix) the operational and other risks described from time to time in the Company's SEC filings. Copies of such filings may be obtained at no charge by contacting the Company's Investor Relations Department at 214-397-3045 or the investor relations section of the Company's website at http://www.enscous.com.
 
All information in this rig status release is as of date posted. The Company undertakes no duty to update the contents of this Contract Status of Offshore Rig Fleet report or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.

            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               

Southeast Asia/
                      
Australia                      
ENSCO 51  F&G L-780 Mod II-C  300  Shell  Mid 60's  Brunei  Jan. 08  Rate increases Jul. 06 to mid 80's, adjusts to average market rate every six months (next adj. Jan. 07)  
ENSCO 52  F&G L-780 Mod II-C  300  Petronas Carigali  Mid 50's  Malaysia  Jun. 06  Rate increases Jul. 06 to mid 70's, then increases Nov. 06 to low 110's, plus unpriced option 
ENSCO 56  F&G L-780 Mod II-C  300  Shell  Low 80's  New Zealand  Mar. 07  Plus options at average market rate, then expect to work for approximately one month, mid 140's, plus unpriced options 
ENSCO 57  F&G L-780 Mod II-C  300  Murphy  Low 90's  Malaysia  Dec. 06  Rate increases Aug. 06 to low 100's, plus unpriced options 
ENSCO 67  MLT 116-CE  400  ROC Oil  Low 100's  Australia  Jun. 06  Rate increases late May 06 to mid 110's, next to Apache to Dec. 06, mid 90's, then expect to work in Indonesia to Jul. 07, high 140's, plus unpriced options 
ENSCO 104  KFELS MOD V-B  400  CTOC  Mid 90's  Malaysia  Jan. 07  Rate increases Dec. 06, low 130's with cost adjustments, plus unpriced options 
ENSCO 106  KFELS MOD V-B  400  Apache  Mid 180's  Australia  Mar. 07  Plus unpriced option 
ENSCO 107  KFELS MOD V-B  400  Pearl  Low 110's  Thailand  May 06  Next to KNOC in Vietnam to Sep. 06, low 100's with cost adjustments, plus 3-well same-rate options, then to Origin in New Zealand to Aug. 07, mid 180's with cost adjustments, plus 3-well same-rate options, then to OMV to Jul. 08, low 200's with cost adjustments, plus unpriced options 
ENSCO 108  KFELS MOD V-B  400  Under construction     Singapore  Apr. 07  Next expect to work in Indonesia to Apr. 08, mid 170's, with rate increase Oct. 07 to low 180's, plus options Apr. 08 to Oct. 08, mid 190's, then to Apr. 09, low $200's 
 
ENSCO I  Barge Rig     Total  Low 50's  Indonesia  Apr. 07    
 
 
          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.


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