-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WZ4RGL2V0V9wpTprg3Aa9EndkWg27zPI6K9++Y/Mi8/tk2HCeUpGjMOvhm3Sblvj gPsXi0bxuWFbIr42PB9X6A== 0000950129-01-502848.txt : 20010903 0000950129-01-502848.hdr.sgml : 20010903 ACCESSION NUMBER: 0000950129-01-502848 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010831 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOBLE DRILLING CORP CENTRAL INDEX KEY: 0000777201 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 730374541 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11669 FILM NUMBER: 1729775 BUSINESS ADDRESS: STREET 1: 13135 SOUTH DAIRY ASHFORD STREET 2: SUITE 800 CITY: SUGAR LAND STATE: TX ZIP: 77478 BUSINESS PHONE: 7139743131 MAIL ADDRESS: STREET 1: 13135 SOUTH DAIRY ASHFORD STREET 2: SUITE 800 CITY: SUGAR LAND STATE: TX ZIP: 77478 8-K 1 h90422e8-k.txt NOBLE DRILLING CORPORATION - 8/31/01 1 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): AUGUST 31, 2001 NOBLE DRILLING CORPORATION (Exact name of Registrant as specified in its charter) DELAWARE 0-13857 73-0374541 (State of incorporation) (Commission file number) (I.R.S. employer identification number) 13135 SOUTH DAIRY ASHFORD, SUITE 800 SUGAR LAND, TEXAS 77478 (Address of principal executive offices) (Zip code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (281) 276-6100 ================================================================================ 2 FORM 8-K ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits Exhibit 99.1 Noble Drilling Corporation and Subsidiaries Fleet Status Update as of August 31, 2001. ITEM 9. REGULATION FD DISCLOSURE. The Registrant hereby incorporates by reference into this Item 9 the Noble Drilling Corporation and Subsidiaries Fleet Status Update as of August 31, 2001 of the Registrant, which is attached as Exhibit 99.1 and will be published on the Registrant's web site at http://www.noblecorp.com. The report provides certain summary information about the operations of the drilling units of the Registrant. The report is being furnished in accordance with Rule 101 (e) (1) under Regulation FD and shall not be deemed to be filed. The Noble Drilling Corporation and Subsidiaries Fleet Status Update as of August 31, 2001 contains forward-looking statements about the Registrant's business, financial condition and prospects. The Registrant's actual results could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including, without limitation, volatility in crude oil and natural gas prices, potential deterioration in the demand for the drilling services of the Registrant and resulting declining dayrates, the cancellation by customers of the Registrant of drilling contracts or letter agreements or letters of intent for drilling contracts or their exercise of early termination provisions generally found in the Registrant's drilling contracts, intense competition in the drilling industry, political and economic conditions in the United States and in international markets where the Registrant operates, cost overruns or delays on shipyard repair, maintenance, conversion or upgrade projects, adverse weather (such as hurricanes) and seas, operational risks (such as blowouts and fires), limitations on the Registrant's insurance coverage, and requirements and potential liability imposed by governmental regulation of the drilling industry (including environmental regulation). All of the foregoing risks and uncertainties are beyond the Registrant's ability to control, and in many cases, the Registrant cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in the report, the words "believes", "anticipates", "expects", "plans" and similar expressions as they relate to the Registrant or its management are intended to identify forward-looking statements. 2 3 FORM 8-K SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NOBLE DRILLING CORPORATION Date: August 31, 2001 By: /s/ ROBERT D. CAMPBELL -------------------------------------------- ROBERT D. CAMPBELL, President 3 4 FORM 8-K INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- Exhibit 99.1 Noble Drilling Corporation and Subsidiaries Fleet Status Update as of August 31, 2001. 4 EX-99.1 3 h90422ex99-1.txt SUBSIDIARIES FLEET STATUS UPDATE - 8/31/01 1 EXHIBIT 99.1 NOBLE DRILLING CORPORATION AND SUBSIDIARIES FLEET STATUS UPDATE AS OF AUGUST 31, 2001
YEAR ANTICIPATED BUILT/ WATER CONTRACT RIG RIG DESIGN REBUILT DEPTH LOCATION OPERATOR EXPIRATION - --- ---------- ------- ----- -------- -------- ----------- U.S. GULF OF MEXICO (19) - ------------------------ JACKUPS (10) - ------------ Noble Eddie Paul MLT Class 84-E.R.C.(T) 1976/1995 390'-IC Main Pass 290 Apache 12/2001 Noble Leonard Jones MLT Class 53-E.R.C.(T) 1972/1998 390'-IC Eugene Island 354 Apache 12/2001 Noble Bill Jennings MLT Class 84-E.R.C.(T) 1975/1997 390'-IC South Timbalier 265 Magnum Hunter 9/2001 Noble Johnnie Hoffman BakMar BMC 300 IC(T)(Z) 1976/1993 300'-IC West Cameron 170 Nexen 1/2002 Noble Sam Noble Levingston Class 111-C(T) 1982 300'-IC Eugene Island 113 Stacked Noble Gene Rosser Levingston Class 111-C(T) 1977/1996 300'-IC Matagorda Island 700 Aviara 9/2001 Noble John Sandifer Levingston Class 111-C(T) 1975/1995 300'-IC West Cameron 144 Apache 10/2001 Noble Tom Jobe MLT Class 82-SD-C(T)(Z) 1982 250'-IC Vermilion 38 Unocal 10/2001 Noble Earl Frederickson MLT Class 82-SD-C(T)(Z) 1979 250'-IC Ship Shoal 100 Halliburton/Chevron 9/2001 Noble Carl Norberg MLT Class 82-C(T) 1976/1996 250'-IC Eugene Island 252 Chevron 10/2001 GOM SUBMERSIBLES (3) - -------------------- Noble Fri Rodli Transworld 1979/1998 70'-C High Island 197 Spinnaker 9/2001 Noble Joe Alford Pace 85 1982 85'-C Ship Shoal 47 ADTI 9/2001 Noble Lester Pettus Pace 85 1982 85'-C Eugene Island 53 Forest Oil 9/2001 GOM SEMISUBMERSIBLES (6) - ------------------------ Noble Paul Romano Noble EVA 4000TM(T) 1981/1998 6,000' Miss. Canyon 899 Shell 12/2003 Noble Jim Thompson Noble EVA 4000TM(T) 1984/1999 6,000' Miss. Canyon 934 Shell 7/2002 Noble Amos Runner Noble EVA 4000TM(T) 1982/1999 6,600' Green Canyon 338 Murphy 8/2004 Noble Max Smith Noble EVA 4000TM(T) 1980/1999 6,000' Garden Banks 515 Marathon 1/2005 Noble Homer Ferrington F&G 9500 Enhanced Pacesetter(T) 1985/1999 6,000' Green Canyon 473 Mariner Energy 1/2005 Noble Clyde Boudreaux F&G 9500 Enhanced Pacesetter 1987/1999 7,500' MS - F&G shipyard Shipyard INTERNATIONAL(30) - ----------------- MEXICO JACKUPS (1) - ------------------ Noble Lewis Dugger Levingston Class 111-C(T) 1977/1997 300'-IC Bay of Campeche Pemex 11/2001 BRAZIL JACKUPS (1) - ------------------ Noble Dick Favor BakMar BMC 150 IC 1982/1993 150'-IC Brazil Petrobras 2/2002 BRAZIL SEMISUBMERSIBLES(1) - -------------------------- Noble Paul Wolff Noble EVA 4000TM(T) 1981/1998 8,900' Brazil Petrobras 5/2005 BRAZIL DRILLSHIPS(3) - -------------------- Noble Leo Segerius Gusto Engineering Pelican(T) 1981 5,000'-DP Brazil Petrobras 12/2001 Noble Roger Eason Neddrill(T) 1977 6,000'-DP Brazil Petrobras 4/2003 Noble Muravlenko Gusto Engineering Ice Class(T) 1982/1997 4,000'-DP Brazil Petrobras 3/2003
DAYRATE RIG ($000) COMMENTS - --- ------ -------- U.S. GULF OF MEXICO (19) - ------------------------ JACKUPS (10) - ------------ Noble Eddie Paul 65-67 Rate effective 8/27/2001, rate review every 90 days, next review 11/27/2001. Noble Leonard Jones 65-67 Rate effective 8/22/2001, rate review every 90 days, next review 11/22/2001. Noble Bill Jennings 64-66 Next to Chevron on +/- 9/07/2001 for 30 days @ $58-60, plus two 30-day options at mutually agreed rates. Noble Johnnie Hoffman 52-54 Six-month extension effective 7/10/2001. Noble Sam Noble Stacked ready. Rig released 8/30/2001. Noble Gene Rosser 54-56 Rig to be released +/- 9/04/2001. Noble John Sandifer 54-56 Rate review every 90 days. Next review 9/02/2001. Contract term shortened by 72 days, equal to the days Apache utilized the Noble Gene Rosser. Noble Tom Jobe 47-49 Rate review every 90 days. Next review 10/18/2001. Noble Earl Frederickson 47-49 Next rate review 9/12/2001. Noble Carl Norberg 42-43 New rate effective 8/27/2001 through +/- 10/25/2001. Option to extend at mutually agreed rates. GOM SUBMERSIBLES (3) - -------------------- Noble Fri Rodli 34-36 On contract through +/- 9/07/2001. Noble Joe Alford 30-32 Extended for one well from 8/26/2001 for +/- 21 days. Noble Lester Pettus 39-41 On contract through +/- 9/26/2001. GOM SEMISUBMERSIBLES (6) - ------------------------ Noble Paul Romano 134-136 Noble Jim Thompson 158-160 Noble Amos Runner 146-148 Repairs complete. Off contract from 6/22/2001 through 7/23/2001. Noble Max Smith 154-156 Marathon one well through +/- 11/15/2001. Then to Dominion for two wells @ $139-141. Noble Homer Ferrington 99-101 Two wells for Mariner from mid-August 2001 through mid-October. Then to Samedan for one well @$78-81 through +/- 11/15/2001. Noble Clyde Boudreaux Engineering complete. INTERNATIONAL(30) - ----------------- MEXICO JACKUPS (1) - ------------------ Noble Lewis Dugger 62-64 On contract 6/25/2001. 145-day term. BRAZIL JACKUPS (1) - ------------------ Noble Dick Favor 38-40 On rate 2/04/2001. BRAZIL SEMISUBMERSIBLES(1) - -------------------------- Noble Paul Wolff 138-140 BRAZIL DRILLSHIPS(3) - -------------------- Noble Leo Segerius 61-63 Awarded 3-year contract with Petrobras @ $108-112. Rig damaged by supply boat. Down for repairs from 8/21/2001 through +/- 9/03/2001. Noble Roger Eason 74-76 Noble Muravlenko 58-60
Page 1 2 NOBLE DRILLING CORPORATION AND SUBSIDIARIES FLEET STATUS UPDATE AS OF AUGUST 31, 2001
YEAR ANTICIPATED BUILT/ WATER CONTRACT RIG RIG DESIGN REBUILT DEPTH LOCATION OPERATOR EXPIRATION - --- ---------- ------- ----- -------- -------- ---------- NORTH SEA JACKUPS (8) - --------------------- Noble Al White CFEM T-2005 C (T) 1982/1997 360'-IC Netherlands Elf Petroland 3/2002 Noble Byron Welliver CFEM T-2005 C (T) 1982 300'-IC Denmark Maersk 8/2002 Noble Kolskaya Gusto Engineering (T) 1985 330'-IC Denmark Maersk 4/2002 Noble George Sauvageau NAM (T) 1981 300'-IC Netherlands Statoil 4/2002 Noble Ronald Hoope MSC/CJ46 (T) 1982 225'-IC Netherlands Elf Petroland 12/2001 Noble Piet van Ede MSC/CJ46 (T) 1982 205'-IC Netherlands Transcanada 12/2001 Noble Lynda Bossler MSC/CJ46 (T) (Z) 1982 205'-IC Netherlands Clyde 12/2001 Noble Julie Robertson Baker Marine Europe Class (T) 1981 180'-IC United Kingdom Talisman 12/2001 NORTH SEA SEMISUBMERSIBLES (1) - ------------------------------ Noble Ton van Langeveld Offshore SCP III Mark 2 (T) 1979/2000 1,500' United Kingdom Texaco 12/2001 WEST AFRICA JACKUPS (6) - ----------------------- Noble Tommy Craighead F&G L-780 MOD II-IC (T) 1982/1990 300'-IC Nigeria Addax 4/2002 Noble Percy Johns F&G L-780 MOD II-IC (T) 1981/1995 300'-IC Nigeria ExxonMobil 4/2002 Noble Roy Butler F&G L-780 MOD II-IC (T) 1982 300'-IC Nigeria Chevron 4/2003 Noble Ed Noble MLT Class 82-SD-C (T) 1984/1990 250'-IC Nigeria ExxonMobil 3/2002 Noble Lloyd Noble MLT Class 82-SD-C (T) 1983/1990 250'-IC Nigeria Texaco 9/2001 Noble Don Walker BakMar BMC 150 IC (T) 1982 150'-IC Nigeria Shell 11/2002 ARABIAN GULF JACKUPS (6) - ------------------------ Noble Kenneth Delaney F&G L-780 MOD II-IC (T) 1983/1998 300'-IC Abu Dhabi NDC 5/2002 Noble George McLeod F&G L-780 MOD II-IC (T) 1981/1995 300'-IC Abu Dhabi NDC 6/2002 Noble Gus Androes Levingston Class 111-C (T) 1982/1996 300'-IC Qatar Maersk 12/2002 Noble Chuck Syring MLT Class 82-C (T) 1976/1996 250'-IC Qatar Maersk 6/2002 Noble Crosco Panon Levingston Class 111-C (T) 1976/2001 300'-IC Qatar Elf Petroleum Qatar 2/2002 Noble Charles Copeland MLT Class 82-SD-C (T) 1979/2001 250'-IC Under tow INDIA JACKUPS (2) - ----------------- Noble Jimmy Puckett F&G L-780 MOD II-IC 1982 300'-IC India Stacked Noble Ed Holt Levingston Class 111-C (T) 1981/1994 300'-IC India ONGC 11/2002 FAR EAST SEMISUBMERSIBLES (1) - ----------------------------- Noble Dave Beard F&G 9500 Enhanced Pacesetter 1986 7,500' Dalian, China Shipyard DAYRATE RIG ($000) COMMENTS - --- ------ -------- NORTH SEA JACKUPS (8) - --------------------- Noble Al White 39-41 On new rate 8/24/2001, next well @ $51-52, then one well @ $72-74. Each well +/- 95 days. Noble Byron Welliver 43-45 New rate of $63-65 effective 9/01/2001 to 8/31/2002. Noble Kolskaya 73-75 Contract commenced 3/30/2001. Noble George Sauvageau 74-75 Farmout from NAM to Statoil. Back to NAM +/- 9/15/2001 @ $78-80 through 10/09/2001. Beginning 10/10/2001 rate to be a market index rate for 6-months duration. Noble Ronald Hoope 75-77 On new rate 8/24/2001 for +/- 90 days, next well @ $71-73 (previous commitment). Noble Piet van Ede 54-56 Next one-year contract from 1/01/2002 @ $80-81 with Gaz de Franz. Noble Lynda Bossler 68-70 Rate effective 7/01/2001. Off contract in mid-September for 14-21 days for spud can repairs. Noble Julie Robertson 56-58 Commenced first well on 5/23/01, next well @ $63-65 to start +/- 9/05/2001, plus 35-day option @ $63-65, then to BG for 5 wells, anticipated to be 12-14 months @ $87-88 commencing +/- 12/15/2001 - 1/15/2002. As of 8/24/2001, we purchased the remaining 50% interest in the joint venture that owns the Noble Julie Robertson for $20 million in cash. NORTH SEA SEMISUBMERSIBLES (1) - ------------------------------ Noble Ton van Langeveld 77-79 From 7/19/2001 through +/-10/15/2001, then $83-85 until +/- 12/15/2001. WEST AFRICA JACKUPS (6) - ----------------------- Noble Tommy Craighead 57-59 Rate effective 4/15/2001. Noble Percy Johns 57-59 Rate effective 4/01/2001. Noble Roy Butler 51-53 Contract commenced 4/15/2001, year two at a mutually agreed dayrate. Noble Ed Noble 51-53 Contract commenced 3/01/2001. Noble Lloyd Noble 67-68 90-day extension @ $67-68 from 6/11/2001. Then to Chevron Nigeria for one year @ $57-59. Noble Don Walker 34-36 Two-year contract. Reprice year two dayrate in November 2001. ARABIAN GULF JACKUPS (6) - ------------------------ Noble Kenneth Delaney 53-54 On contract 5/21/2001. Noble George McLeod 53-54 On contract 6/01/2001. Noble Gus Androes 53-55 Rate effective 4/29/2001. Noble Chuck Syring 50-52 On contract 6/06/2001. Noble Crosco Panon 39-41 On contract 6/01/2001. Noble Charles Copeland ETA Qatar 9/19/2001. 270-day contract with BP Qatar @ $57-59. Start +/-10/07/2001. INDIA JACKUPS (2) - ----------------- Noble Jimmy Puckett Rig damaged during tow. Damage assessment ongoing. Rig is anticipated to be out of service until at least 1Q '02. Noble Ed Holt 33-35 FAR EAST SEMISUBMERSIBLES (1) - ----------------------------- Noble Dave Beard Completing engineering.
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