Noble 8-K Regulation FD Disclosure

Exhibit 99.1

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 08, 2007.

Estimated Unpaid Down Time Days

ESTIMATED

YEAR

ESTIMATED

CONTRACT

BUILT /

CONTRACT

EXPIRATION

DAYRATE

RIG

RIG DESIGN

REBUILT

WATER DEPTH

LOCATION

OPERATOR

START DATE

DATE

($000)

COMMENTS

1Q-2007

2Q-07

3Q-07

4Q-07

A*

E**

E**

E**

E**

This fleet status report contains “forward-looking statements” within the meaning of the U.S. federal securities laws about our business, financial performance and prospects. Statements about our plans, intentions, expectations, beliefs, estimates, predictions or similar expressions for the future are forward-looking statements. 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 and uncertainties, from time to time in our filings with the U.S. Securities and Exchange Commission.

U.S. Gulf of Mexico (9)

Semisubmersibles (6)

A*

E**

E**

E**

E**

Noble Clyde Boudreaux (a, c)

F&G 9500 Enhanced Pacesetter

1987/2007

10,000’

Shipyard

3/31/2007

—

Alaminos Canyon 857

Shell

4/01/2007

3/31/2009

209-211

Two-year contract with Shell to commence after upgrade.

Noble Amos Runner (a)

Noble EVA 4000™

1982/1999

8,000’

Green Canyon 955

Kerr-McGee

1/18/2006

3/04/2007

329-331

Desoto Canyon 618

Kerr-McGee/Dominion

3/05/2007

5/18/2007

329-331

On assignment from Kerr-McGee to Dominion.

Kerr-McGee

5/19/2007

09/30/2007

407-409

Shipyard

Kerr-McGee

10/01/2007

12/31/2007

-

Expect to enter shipyard in 4Q 2007 for +/- 90 days to upgrade to NC-5SM mooring standard (inclusive of work to complete hurricane damage repairs). In consideration of the NC-5SM upgrade, the indicated contract dayrates will result in an effective dayrate during the period 5/18/2007 through 3/08/2008 of $329k-$331k, reduced to 95% of the operating dayrate for the first 60 days in the shipyard ($313k-$314k) and 80% of the operating dayrate for any days in the shipyard beyond 60 days ($263k-$265k).

Kerr-McGee

1/01/2008

3/08/2008

407-409

Kerr-McGee

3/09/2008

3/08/2011

434-436

Noble Jim Thompson(b)

Noble EVA 4000™

1984/1999

6,000’

Mississippi Canyon 687

Shell

9/30/2006

3/01/2007

314-316

Shell

3/02/2007

3/01/2009

424-426

Noble Max Smith (a)

Noble EVA 4000™

1980/1999

6,000’

Garden Banks 215

Amerada Hess

3/20/2006

3/31/2008

304-306

Noble Paul Romano (a)

Noble EVA 4000™

1981/1998

6,000’

Green Canyon 518

Anadarko

7/1/2006

3/31/2007

385-386

Anadarko/BHP

4/01/2007

5/31/2007

385-386

Anadarko/Shipyard

6/01/2007

8/31/2007

-

Expect to enter shipyard late in 2Q 2007 for +/- 90 days to upgrade to NC-5SM mooring standard (inclusive of work to complete hurricane damage repairs). In consideration of the NC-5SM upgrade, the indicated contract dayrates will result in an effective dayrate during the period 7/1/2006 through 8/31/2007 of $324k-$326k, reduced to 95% of the operating dayrate for the first 60 days in the shipyard ($308k-$309k) and 80% of the operating dayrate for any days in the shipyard beyond 60 days ($259k-$261k).

Anadarko

9/01/2007

12/31/2008

434-436

Noble Lorris Bouzigard (c)

Pentagone 85

1975/2003

4,000’

Green Canyon 82

Walter O&G

12/07/2006

1/25/2007

129-131

Completed one well commitment made prior to Hurricane Rita.

Mariner / W&T

1/26/2007

3/31/2008

172-173

Submersibles (3)

Noble Joe Alford

Pace Marine 85G

1982/2006

70’-C

West Cameron 110

Mariner

7/18/2006

1/19/2007

84-86

Anticipate +/- 30 days of downtime in 3Q 2007 for upgrades.

30

Mariner

1/20/2007

7/19/2007

84-86

Noble Lester Pettus

Pace Marine 85G

1982/2007

70’-C

Breton Sound 46

Shipyard

10/22/2006

1/10/2007

—

Rig entered the shipyard on 10/22/2006 for regulatory inspection and upgrades. Experienced 10 days of downtime in 1Q 2007.

10

Century

1/11/2007

6/08/2007

74-76

Noble Fri Rodli

Transworld

1979/1998

70’-C

S. Timbalier 75

Bois d’Arc

12/27/2006

3/31/2007

84-86

One well +/-70 days. Anticipate +/- 30 days of downtime in 2Q 2007 for regulatory inspection and upgrades.

30

(a) Unit will be upgraded to the NC-5SM mooring standard.

(b) Unit has been upgraded to the NC-5SM mooring standard.

(c) Rig utilizes the Aluminum Alloy Riser technology.

**E = Estimated; * A = Actual

Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.

Page 1 of 5

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 08, 2007.

Estimated Unpaid Down Time Days

ESTIMATED

YEAR

ESTIMATED

CONTRACT

BUILT /

CONTRACT

EXPIRATION

DAYRATE

RIG

RIG DESIGN

REBUILT

WATER DEPTH

LOCATION

OPERATOR

START DATE

DATE

($000)

COMMENTS

1Q - 2007

2Q-07

3Q-07

4Q-07

A*

E**

E**

E**

E**

This fleet status report contains “forward-looking statements” within the meaning of the U.S. federal securities laws about our business, financial performance and prospects. Statements about our plans, intentions, expectations, beliefs, estimates, predictions or similar expressions for the future are forward-looking statements. 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 and uncertainties, from time to time in our filings with the U.S. Securities and Exchange Commission.

International (54) (d)

Mexico Jackups (10) (e)

A*

E**

E**

E**

E**

Noble Bill Jennings

MLT Class 84-E.R.C.

1975/1997

390’-IC

Bay of Campeche

Pemex

7/17/2005

5/16/2007

74-76

Anticipate +/- 10 days of downtime in 3Q 2007 for regulatory inspection.

10

Noble Eddie Paul

MLT Class 84-E.R.C.

1976/1995

390’-IC

Bay of

Pemex

6/01/2006

6/04/2007

140-142

Campeche

Pemex

6/05/2007

12/04/2009

177-179

Noble Leonard Jones

MLT Class 53-E.R.C.

1972/1998

390’-IC

Bay of

Pemex

6/24/2005

6/23/2007

70-71

Campeche

Pemex

6/24/2007

12/22/2009

185-187

Noble Johnnie Hoffman

Baker Marine BMC 300

1976/1993

300’-IC

Bay of

Pemex

7/07/2005

7/06/2007

64-65

Campeche

Pemex

7/07/2007

10/14/2007

-

Anticipate +/- 100 days of downtime in 3Q 2007/4Q 2007 for rig modifications and regulatory inspection.

87

13

Pemex

10/15/2007

4/14/2010

170-172

Noble Gene Rosser

Levingston Class 111-C

1977/1996

300’-IC

Bay of

Pemex

11/01/2006

12/16/2007

166-168

Anticipate +/- 4 days of downtime in 4Q 2007 for regulatory inspection between contracts.

4

Campeche

Pemex

12/21/2007

6/21/2010

170-172

Noble John Sandifer

Levingston Class 111-C

1975/1995

300’-IC

Bay of

Pemex

6/16/2005

6/15/2007

64-65

Campeche

6/16/2007

9/19/2007

—

Anticipate +/-96 days of downtime in 2Q 2007/3Q 2007 for rig modifications and regulatory inspection.

15

81

Pemex

9/20/2007

3/20/2010

170-172

Noble Lewis Dugger

Levingston Class 111-C

1977/1997

300’-IC

Bay of Campeche

Pemex

5/21/2005

5/20/2007

64-65

Anticipate +/- 30 days of downtime in 2Q 2007 for regulatory inspection and modifications.

30

Noble Sam Noble

Levingston Class 111-C

1982

300’-IC

Bay of

Pemex

9/21/2005

9/20/2007

64-65

Anticipate +/- 10 days of downtime in2Q2007 for regulatory inspection.

10

Campeche

Pemex

9/21/2007

3/22/2010

170-172

Noble Earl Frederickson

MLT Class 82-SD-C

1979/1999

250’-IC

Bay of Campeche

Pemex

8/20/2006

5/01/2007

149-151

Anticipate +/- 10 days of downtime in 2Q 2007 for regulatory inspection.

10

Noble Tom Jobe

MLT Class 82-SD-C

1982

250’-IC

Bay of Campeche

Pemex

4/07/2006

8/07/2007

119-121

Brazil Semisubmersible (2)

Noble Paul Wolff

Noble EVA 4000™

1981/1999/2006

10,000’-DP

Brazil

Petrobras

1/01/2006

12/31/2007

163-165

Eligible for a maximum 20% performance bonus.

Petrobras

1/01/2008

12/31/2009

213-215

Rate contingent upon upgrade of unit to 10,000’ water depth capability utilizing aluminum alloy riser. Eligible for a maximum 15% performance bonus.

Petrobras - Downtime Extension

1/01/2010

7/03/2010

213-215

Petrobras can extend contract for contractor responsible downtime (to date - 183 days including shipyard downtime days). Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus.

Noble Therald Martin(c)

Pentagone 85

1977/2004

4,000’

Brazil

Petrobras

12/06/2006

3/31/2007

—

Experienced+/- 67 daysof downtime during 1Q 2007 to complete repairs.Anticipate an additional +/- 23 days downtime waiting on Customer to prepare well location to allow us to return to work.

67

23

Brazil

Petrobras

4/01/2007

8/31/2008

113-115

Resume 22 month contract with Petrobras. Eligible for a maximum 15% performance bonus.

Brazil

Petrobras

9/01/2008

9/30/2009

113-115

13 month priced option. Customer will pay lump sum reimbursement amount and demob if option is not exercised. Eligible for a maximum 15% performance bonus.

Brazil

Petrobras

10/01/2009

10/31/2010

113-115

13 month priced option. Customer will pay lump sum reimbursement amount and demob if option is not exercised. Eligible for a maximum 15% performance bonus.

Brazil Drillships (3)

Noble Roger Eason(c)

NAM Nedlloyd-C

1977/2005

7,200’-DP

Brazil

Petrobras

4/14/2005

3/15/2007

96-97

Experienced 17 days of downtime during 1Q 2007.

17

Brazil

Petrobras

3/16/2007

3/15/2010

136-138

Anticipate +/- 14 days of downtime during 3Q 2007 for regulatory inspection. Eligible for a maximum 15% performance bonus.

14

Brazil

Petrobras - Downtime Extension

3/16/2010

8/30/2010

136-138

Petrobras can extend contract for contractor responsible downtime (to date -137 daysincluding shipyard and expected 3Q 2007 downtime days). Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus.

Noble Leo Segerius(c)

Gusto Engineering Pelican Class

1981/2002

5,600’-DP

Brazil

Petrobras

7/01/2006

6/30/2008

123-125

Anticipate +/- 28 days of downtime commencing +/- 3Q 2007 for regulatory inspection and refurbishments. Eligible for a maximum 10% performance bonus.

28

Noble Muravlenko

Gusto Engineering

1982/1997

4,600’-DP

Brazil

Petrobras

3/18/2005

3/17/2007

81-82

Eligible for a maximum 10% performance bonus.

Pelican Class

Brazil

Petrobras

3/18/2007

3/17/2009

119-121

Eligible for a maximum 15% performance bonus.

Brazil

Petrobras - Downtime Extension

3/18/2009

4/05/2009

119-121

Petrobras can extend contract for contractor responsible downtime (to date -24days). Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus. Note: The entity that owns this rig is fully consolidated; however, there is a minority interest holder for 18%.

7

(d)The amount shown in the “Dayrate” column reflects the full daywork operating rate payable to the Company by the operator as provided in the applicable drilling contract unless specified otherwise. In various international markets, 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.

(e)Listed rigs are modified bareboat charter; cost structure varies by region.

**E = Estimated; * A = Actual

Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.

Page 2 of 5

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 08, 2007.

Estimated Unpaid Down Time Days

ESTIMATED

YEAR

ESTIMATED

CONTRACT

BUILT /

CONTRACT

EXPIRATION

DAYRATE

RIG

RIG DESIGN

REBUILT

WATER DEPTH

LOCATION

OPERATOR

START DATE

DATE

($000)

COMMENTS

1Q - 2007

2Q-07

3Q-07

4Q-07

A*

E**

E**

E**

E**

This fleet status report contains “forward-looking statements” within the meaning of the U.S. federal securities laws about our business, financial performance and prospects. Statements about our plans, intentions, expectations, beliefs, estimates, predictions or similar expressions for the future are forward-looking statements. 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 and uncertainties, from time to time in our filings with the U.S. Securities and Exchange Commission.

North Sea Semisubmersible (1)

A*

E**

E**

E**

E**

Noble Ton van Langeveld

Offshore Co. SCP III Mark 2

1979/2000

1,500’

United Kingdom

Maersk

5/04/2006

4/30/2007

201-202

Shipyard

5/01/2007

6/08/2007

234-235

Anticipate +/- 30 days of downtime in 2Q 2007 for upgrades and regulatory inspection paid at 95% of $247k-$248k/day. Anticipate an additional +/- eight days of downtime in 2Q 2007 at zero rate.

8

Venture

6/09/2007

6/08/2008

247-248

Venture

6/09/2008

6/08/2009

359-361

North Sea Jackups (8)

Noble Julie Robertson

Baker Marine Europe Class

1981/2001

390’-IC(f)

United

Venture

12/13/2006

9/13/2007

109-110

Kingdom

Venture

9/14/2007

9/14/2008

164-166

Noble Al White

CFEM T-2005-C

1982/2005

360’-IC

United Kingdom

RWE

9/13/2006

4/15/2007

124-126

United Kingdom

RWE — Options

4/16/2007

4/30/2008

124-126

Options: Exercised the first of four wells. Estimated time for each well is 90-100 days.

Noble Kolskaya

Gusto Engineering-C

1985/1997

330’-IC

United Kingdom

Wintershall

1/01/2007

12/31/2007

169-171

Rig operates under a bareboat charter agreement to Noble under which Noble receives 30% of the rig’s operating profits as defined in the agreement.

Noble Byron Welliver

CFEM T-2005-C

1982

300’-IC

Denmark

Maersk

3/9/2006

9/03/2007

83-85

Maersk

9/04/2007

9/03/2008

181-183

Maersk — Options

9/04/2008

9/03/2009

209-211

Maersk — Options

9/04/2009

9/03/2010

219-221

Noble Lynda Bossler

MSC/CJ-46

1982

250’-IC

Netherlands

Wintershall

1/01/2007

12/31/2007

142-143

Wintershall

1/01/2008

06/30/2008

219-221

Received letter of intent.

Noble Piet van Ede

MSC/CJ-46

1982

250’-IC

Netherlands

Gaz de France

1/01/2007

12/31/2007

183-185

Noble Ronald Hoope

MSC/CJ-46

1982

250’-IC

United Kingdom

Gaz de France

1/01/2007

12/31/2007

183-185

Noble George Sauvageau

NAM Nedlloyd-C

1981

250’-IC

Netherlands

Shell/NAM

3/21/2006

4/09/2007

105-107

Denmark

Altinex

4/10/2007

5/10/2007

237-239

One well estimated for +/- 30 days.

Denmark

Dong

5/11/2007

8/09/2007

237-239

Received letter of intent for two wells estimated for +/- 45 days each.

Netherlands

Chevron

8/10/2007

12/31/2007

234-236

Received letter of intent for a minimum of 120 days, maximum of 180 days.

Netherlands

Wintershall

1/01/2008

12/31/2008

224-226

Received letter of intent.

West Africa Semisubmersible (1)

Noble Homer Ferrington

F&G 9500 Enhanced Pacesetter

1985/2004

6,000’

Nigeria

ExxonMobil

11/29/2004

12/31/2007

128-130

ExxonMobil has exercised all of its options for eight additional wells, which will extend the contract through +/- 12/31/2007.

7

Anadarko

1/01/2008

12/31/2008

433-435

One year contract with Anadarko following release from ExxonMobil.

West Africa Jackups (7)

Noble Percy Johns

F&G L-780 MOD II

1981/1995

300’-IC

Nigeria

ExxonMobil

3/26/2006

3/27/2007

117-118

4

ExxonMobil

3/28/2007

3/27/2009

170-171

Anticipate +/- four days of downtime in 4Q 2007 for regulatory inspection.

Noble Roy Butler

F&G L-780 MOD II

1982/1998

300’-IC(g)

Nigeria

Chevron

5/15/2006

6/28/2008

129-131

Anticipate +/- 45 days of downtime in 3Q 2007 for regulatory inspection and upgrades.

45

Noble Tommy Craighead

F&G L-780 MOD II

1982/2003

300’-IC

Nigeria

Addax

1/16/2006

1/17/2007

107-109

To be announced

1/18/2007

1/17/2009

170-171

New rate effective 1/18/2007. Anticipate +/- four days of downtime in 4Q 2007 for equipment upgrades.

4

Noble Carl Norberg

MLT Class 82-C

1976/2003

250’-IC

Equatorial Guinea

Hess

8/01/2006

3/31/2008

73-75

Noble Ed Noble

MLT Class 82-SD-C

1984/2003

250’-IC

Nigeria

ExxonMobil

9/03/2006

9/02/2008

160-161

Noble Lloyd Noble

MLT Class 82-SD-C

1983/1990

250’-IC

Nigeria

Chevron

5/21/2006

7/13/2008

127-129

Noble Don Walker

Baker Marine BMC 150-SD

1982/1992

150’-IC

Nigeria

Shell

4/24/2006

4/23/2007

82-84

Shell

4/24/2007

4/23/2008

164-166

(f)Leg extensions fabricated to enable the rig to operate in up to 390’ of water in a non-harsh environment.

(g)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.

**E = Estimated; * A = Actual

Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.

Page 3 of 5

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 08, 2007.

Estimated Unpaid Down Time Days

ESTIMATED

YEAR

ESTIMATED

CONTRACT

BUILT /

CONTRACT

EXPIRATION

DAYRATE

RIG

RIG DESIGN

REBUILT

WATER DEPTH

LOCATION

OPERATOR

START DATE

DATE

($000)

COMMENTS

1Q - 2007

2Q-07

3Q-07

4Q-07

A*

E**

E**

E**

E**

This fleet status report contains “forward-looking statements” within the meaning of the U.S. federal securities laws about our business, financial performance and prospects. Statements about our plans, intentions, expectations, beliefs, estimates, predictions or similar expressions for the future are forward-looking statements. 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 and uncertainties, from time to time in our filings with the U.S. Securities and Exchange Commission.

Arabian Gulf Jackups (14)

A*

E**

E**

E**

E**

Noble George McLeod

F&G L-780 MOD II

1981/1995

300’-IC

UAE (Sharjah)

Shipyard

1/08/2007

2/11/2007

—

32

UAE (Abu Dhabi)

NDC

2/11/2007

6/02/2007

51-52

Returned to work on 02/11/2007, experienced 32 days of downtime for repairs and regulatory inspections.

Noble Jimmy Puckett

F&G L-780 MOD II

1982/2002

300’-IC

Qatar

RasGas

6/01/2005

5/14/2007

55-57

UAE (Sharjah)

RasGas — Standby

5/15/2007

7/01/2007

45-60

Standby waiting on platform, will perform RasGas paid upgrades and regulatory inspections during standby period. (Noble has right to market rig during this period).

Qatar

RasGas — Options

7/02/2007

TBD

59-73

Exercised eight option wells @ $59k-$61k/day. Remaining options: One well @ $59k-$61k/day; nine wells @ $65k-$67k/day, nine wells @ $71k-$73k/day. Estimated time to complete each well is +/- 45 days.

Noble Kenneth Delaney

F&G L-780 MOD II

1983/1998

300’-IC

UAE (Abu Dhabi)

NDC

5/29/2006

5/28/2007

51-52

UAE (Sharjah)

Shipyard

5/29/2007

7/14/2007

—

Anticipate +/- 46 days downtime in 2Q 2007/3Q 2007for regulatory inspections and upgrades, then to QatarGas 3 & 4 for remainder of 700-day contract. (seeNoble Dick Favorcomments)

32

14

Qatar

QatarGas 3 & 4

7/15/2007

7/31/2008

98-100

Qatar

QatarGas 3 & 4

8/01/2008

4/08/2009

194-196

Contract extension for a minimum of 250 days, maximum of 310 days.

Noble Gus Androes

Levingston Class 111‑C

1982/2004

300’-IC

UAE (Dubai)

Shipyard

2/24/2007

3/24/2007

—

Presently in shipyard for regulatory inspections and repairs. Anticipate +/-28 days of downtime.

5

23

UAE (Abu Dhabi)

Total ABK - Extension

3/25/2007

9/30/2007

74-76

Six-month extension.

Total ABK - Extension

10/01/2007

3/31/2008

TBD

Extensions: Renewable every six months, dayrate increases/decreases capped at 5%.

Noble Harvey Duhaney

Levingston Class 111‑C

1976/2001

300’-IC

UAE (Sharjah)

Shipyard

11/14/2006

1/05/2007

-

Completed upgrades and regulatory inspection; back on dayrate 1/6/07. Experienced 5 days of downtime during 1Q 2007.

5

Qatar

Total

1/06/2007

3/25/2008

84-86

Qatar

Total — Option

3/26/2008

3/25/2009

98-100

Option: One year

Noble Mark Burns

Levingston Class 111‑C

1980/2005

300’-IC

Qatar

RasGas

8/23/2005

3/04/2007

60-61

RasGas

3/05/2007

11/15/2007

71-81

Exercised three option wells (two wells @ $71k-$73k/day, one well @ $79k-$81k/day).

RasGas — Options

11/16/2007

TBD

79-89

Remaining Options: One well @ $79k-$81k/day, two wells @ $87k-$89k/day. Estimated time to complete each well is 60-90 days.

Noble Roy Rhodes (h)

MLT 116-C

1979

300’-IC (h)

UAE (Dubai)

DPC

1/15/2006

2/06/2007

67-69

DPC

2/07/2007

2/06/2008

#

Rate withheld at request of operator. Anticipate +/- 21 days of downtime in 4Q 2007 for regulatory inspections.

21

DPC

2/07/2008

2/06/2009

#

Rate withheld at request of operator.

Noble Cees van Diemen

Modec 300C-38

1981/2004

300’-IC

Qatar

RasGas

9/23/2004

12/01/2007

59-61

Initial contract for eight wells plus five option wells (Four wells exercised to-date)

RasGas — Options

12/02/2007

3/01/2008

59-61

Options: One option remaining. Estimated time to complete each well is 60-120 days.

Noble David Tinsley

Modec 300C-38

1981/2004

300’-IC

Qatar

RasGas (Standby)

12/10/2006

1/22/2007

43-45

Contract suspended and rig on standby rate from 12/10/2006 through 1/22/2007.

RasGas

1/23/2007

10/31/2007

54-56

Recommenced contract on 1/23/2007.

RasGas

11/01/2007

5/31/2008

61-63

Noble Gene House

Modec 300C-38

1981/1998

300’-IC

Qatar

Dolphin Energy

1/05/2005

2/02/2007

59-60

Shell

2/02/2007

2/08/2007

39-41

Mobilization to Shell Contract.

Shell

2/08/2007

10/01/2007

102-104

One well estimated +/- 150 days bridging untilNoble Roger Lewis delivery.

Shell

10/02/2007

6/30/2008

160-162

270 day contract to commence upon delivery ofNoble Roger Lewis.

Noble Charles Copeland

MLT Class 82-SD-C

1979/2001

280’-IC

Qatar

RasGas

10/07/2005

4/30/2007

76-78

RasGas

5/01/2007

1/31/2008

82-89

Exercised four option wells (two wells @ $82k-$84k/day, two wells @ $87k-$89k/day). Estimated time to complete each well is 45-60 days.

Noble Chuck Syring

MLT Class 82-C

1976/1996

250’-IC

Qatar

Maersk

11/12/2006

11/11/2007

119-121

Noble Dhabi II

Baker Marine BMC 150

1982

150’-IC

UAE (Abu Dhabi)

ADOC

7/15/2006

7/14/2008

59-60

Noble Dick Favor

Baker Marine BMC 150

1982/2004

150’-IC

Qatar

QatarGas 3 & 4

8/10/2006

7/14/2007

91-93

700-day contract with QatarGas 3 & 4 commenced 8/10/2006. TheNoble Dick Favor will be utilized only for the first 270-300 days of this contract. The remaining balance of days for this contract will be with theNoble Kenneth Delaney.

QatarGas 3 & 4

7/15/2007

12/31/2007

159-161

Contract extension from the date of arrival ofNoble Kenneth Delaney to the end of 2007.

(h)Rig is currently equipped to operate in 250’ of water.

**E = Estimated; * A = Actual

# = Rate withheld at request of operator.

Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.

Page 4 of 5

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 08, 2007.

Estimated Unpaid Down Time Days

ESTIMATED

YEAR

ESTIMATED

CONTRACT

BUILT /

CONTRACT

EXPIRATION

DAYRATE

RIG

RIG DESIGN

REBUILT

WATER DEPTH

LOCATION

OPERATOR

START DATE

DATE

($000)

COMMENTS

1Q-2007

2Q-07

3Q-07

4Q-07

A*

E**

E**

E**

E**

This fleet status report contains “forward-looking statements” within the meaning of the U.S. federal securities laws about our business, financial performance and prospects. Statements about our plans, intentions, expectations, beliefs, estimates, predictions or similar expressions for the future are forward-looking statements. 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 and uncertainties, from time to time in our filings with the U.S. Securities and Exchange Commission.

India Jackups (2) (e)

A*

E**

E**

E**

E**

Noble Ed Holt

Levingston Class 111-C

1981/2003

300’-IC

UAE (Sharjah)

Shipyard

10/09/2006

1/15/2007

—

Entered shipyard on 10/09/2006; experienced 15days of downtime in 1Q 2007 for upgrades and regulatory inspection.

23

India

Jindal/ONGC

1/15/2007

7/29/2009

82-83

Rig bareboat chartered to Jindal which contracted with ONGC. Experienced an additional 8 days of downtime in 1Q 2007.

Noble Charlie Yester

MLT 116-C

1980

300’-IC

India

Jindal/ONGC

12/29/2003

1/28/2007

51-52

1

Jindal/ONGC

1/30/2007

1/29/2010

130-131

Commenced three-year extension with Jindal/ONGC on 1/30/2007. Rig bareboat chartered to Jindal which contracts with ONGC.

Far East Semisubmersibles (3)

Noble Dave Beard

F&G 9500 Enhanced Pacesetter

1986/2008

10,000’-DP

Dalian, China — DSIC

Shipyard

6/30/2008

-

Five-year contract with Petrobras. Eligible for a maximum 15% bonus. Contract terms require commencement of towing operations to Brazil 30 months after contract finalization (1/2/2006). Mobilization cost paid for by Petrobras (limited to 75 days).

In-transit

Petrobras

7/01/2008

9/14/2008

208-210

Brazil

Petrobras

9/15/2008

9/14/2013

219-220

Noble Danny Adkins - Newbuild

Bingo 9000

1999/2009

12,000’-DP

Singapore — Jurong

Shipyard

2/28/2009

-

Four-year contract with Shell following upgrade of baredeck hull to 12,000’ water depth capability.

U.S. Gulf

Shell

3/01/2009

2/28/2013

429-431

Rate reflects an increase due to equipment upgrades.

Noble Bingo 9000 Rig 4-Newbuild

Bingo 9000

1999

12,000’-DP(i)

Singapore — Jurong

Shipyard

—

Baredeck hull.

Far East Jackups (3)

Noble Roger Lewis - Newbuild

F&G JU2000-E

2007

400’-IC

Dalian, China — DSIC

Shipyard

7/31/2007

—

In-transit

Shell

8/01/2007

8/31/2007

40-42

Qatar

Shell

9/01/2007

8/31/2009

104-106

Two-year contract with Shell.

Noble Hans Deul - Newbuild

F&G JU2000-E

2008

400’-IC

Dalian, China — DSIC

Shipyard

2/28/2008

—

In-transit

Shell

3/01/2008

5/15/2008

34-36

North Sea

Shell

5/16/2008

5/15/2010

104-106

Two-year contract with Shell.

Noble Scott Marks — Newbuild

F&G JU2000-E

2009

400’-IC

Dalian, China — DSIC

Shipyard

3/31/2009

—

In-transit

Venture

4/01/2009

5/31/2009

TBD

Two-year contract with Venture.

United Kingdom

Venture

6/01/2011

5/31/2011

209-211

174

78

117

295

46

2007 Total

710

 

(i) Baredeck hull constructed as capable to operate in 12,000’ of water.

**E = Estimated; *A = Actual
# = Rate withheld at request of operator.
Changes from last Fleet Status Report denoted by Red, Bold, Underlined type.

Page 5 of 5