EX-99.2 4 land.htm LAND Land

EXHIBIT 99.2
 
ROWAN COMPANIES, INC.
LAND RIG FLEET AND CONTRACT STATUS
As of March 21, 2006
                         
ONSHORE RIGS (a)
                       
           
Maximum
 
 
 
Contract Status
 
 
 
 
Horsepower
Drilling
 
 
 
 
 
Estimated
Name
 
Type
 
Drawworks
Mud Pumps
Depth (feet)
 
Location
 
Customer
 
Duration (c)
                         
Rig 9
 
Diesel electric
 
2,000
3,200
20,000
 
Louisiana
 
Anadarko
 
January 2007
Rig 12 (b)
 
SCR diesel electric
 
1,500
2,600
18,000
 
Texas
 
Cimarex
 
June 2006
Rig 14 (b)
 
AC electric
 
3,000
3,200
35,000
 
Texas
 
Newfield
 
November 2006
Rig 15 (b)
 
AC electric
 
3,000
3,200
35,000
 
Texas
 
Marathon
 
April 2006
Rig 18 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Texas
 
Anadarko
 
January 2007
Rig 26 (b)
 
SCR diesel electric
 
2,000
4,800
25,000
 
Louisiana
 
Noble Energy
 
August 2006
Rig 29
 
Mechanical
 
1,500
2,600
18,000
 
Louisiana
 
Anadarko
 
March 2007
Rig 30 (b)
 
AC electric
 
2,000
2,600
20,000
 
Louisiana
 
Centurion
 
January 2007
Rig 31 (b)
 
SCR diesel electric
 
3,000
4,400
35,000
 
Louisiana
 
Noble Energy
 
April 2007
Rig 33 (b)
 
SCR diesel electric
 
1,500
3,200
18,000
 
Texas
 
Hunt
 
May 2006
Rig 34 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Texas
 
Anadarko
 
January 2007
Rig 35
 
SCR diesel electric
 
1,500
4,400
18,000
 
Louisiana
 
Anadarko
 
January 2007
Rig 41 (b)
 
SCR diesel electric
 
2,000
3,200
25,000
 
Texas
 
Newfield
 
March 2007
Rig 51 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Louisiana
 
McMoRan
 
July 2006
Rig 52 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Texas
 
Newfield
 
October 2006
Rig 53 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Oklahoma
 
Marathon
 
April 2006
Rig 54 (b)
 
SCR diesel electric
 
2,000
4,400
25,000
 
Texas
 
Newfield
 
April 2007
 
 
 
 
 
 
 
 
 
 
 
 
 
Rig 59 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Dominion
 
2ndQ 2008
Rig 60 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Anadarko
 
2ndQ 2009
Rig 61 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Anadarko
 
2ndQ 2008
Rig 62 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Anadarko
 
2ndQ 2009
Rig 63 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Anadarko
 
2ndQ 2008
Rig 64 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Cabot
 
3rdQ 2008
Rig 65 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Pioneer
 
3rdQ 2009
Rig 66 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
PetroQuest
 
3rdQ 2009
Rig 67 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Burlington
 
3rdQ 2009
Rig 68 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
Pioneer
 
3rdQ 2009
Rig 69 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
TBD
 
TBD
Rig 70 (b)
 
AC electric
 
2,000
3,200
25,000
 
TBD
 
TBD
 
TBD

 
(a) Most of the rigs were constructed at various dates between 1960 and 1982, utilizing new as well as used equipment, and have since been substantially
rebuilt. Construction of Rigs 51, 52 and 53 was completed during 2001 and Rig 54 in 2002.  Contractor intends to construct rigs 59 - 70 in 2006.
 
(b) Unit equipped with a top-drive drilling system
 
(c) Indicates estimated completion date of work to be performed
 
Note - Current contracted day rates range from $18,000 to $27,500.
 
Disclaimer:
ROWAN HEREBY ADVISES THAT THE TABLE SET FORTH ABOVE MAY CONTAIN INACCURATE, INCOMPLETE AND/OR INCORRECT
INFORMATION AND IS SUBJECT TO CHANGE AT ANY TIME. THE INFORMATION SHOULD NOT BE RELIED UPON FOR ANY PURPOSE,
AND ROWAN HEREBY DISCLAIMS ANY LIABILITY RELATING TO THE USE OF THE INFORMATION SET FORTH ABOVE.