Noble 8-K Regulation FD Disclosure

Exhibit 99.1

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT — August 16, 2006

						ANTICIPATED
						CONTRACT/DAY-
		YEAR BUILT				RATE	DAYRATE
RIG	RIG DESIGN	/ REBUILT	WATER DEPTH	LOCATION	OPERATOR	EXPIRATION	($000)	COMMENTS
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)
Noble Clyde Boudreaux (a)	F&G 9500 Enhanced Pacesetter	1987/2007	10,000'	MS — Signal	Shipyard	3/2007	—
					Shell	3/2009	209-211	Two-year contract with Shell to commence after upgrade in 1Q 2007.
Noble Amos Runner (a)	Noble EVA 4000TM	1982/1999	6,600'	Green Canyon 683	Kerr-McGee	1/2007	196-198	Rate effective 1/9/2007.
					Kerr-McGee	3/2008	329-331
					Kerr-McGee/Shipyard	9/2008	313-314	Expect to enter shipyard 3Q 2007 for +/- 90 days to upgrade to NC-5SM mooring standard (inclusive of work to complete hurricane damage repairs). Pursuant to contract with operator, the applicable dayrate while the rig is in the shipyard is 95% of operating dayrate for the first 60 days and 80% of operating dayrate thereafter.
					Kerr-McGee	3/2011	434-436	Received letter of award from Kerr-McGee Oil & Gas Corporation for three year contract extension.
Noble Jim Thompson (a)	Noble EVA 4000TM	1984/1999	6,000'	MS — Signal	Shipyard/Shell	8/2006	298-300	One-year contract with Shell ends 3/1/2007. Entered shipyard on 6/27/2006 for +/- 90 days to upgrade to NC-5SM mooring standard (inclusive of work to complete hurricane damage repairs). Pursuant to contract with operator, the applicable dayrate while the rig is in the shipyard is 95% of operating dayrate for the first 60 days and 80% of operating dayrate thereafter.
				MS — Signal	Shipyard/Shell	9/2006	251-253
					Shell	3/2007	314-316
Noble Max Smith (a)	Noble EVA 4000TM	1980/1999	6,000'	Garden Banks 243	Amerada Hess	3/2008	304-306
Noble Paul Romano (a)	Noble EVA 4000TM	1981/1998	6,000'	Green Canyon 518	Anadarko/Shipyard	6/2007	324-326	Anticipate +/- seven days of downtime in 4Q 2006 for regulatory inspection.Expect to enter shipyard 1Q 2007 for +/- 90 days to upgrade to NC-5SM mooring standard (inclusive of work to complete hurricane damage repairs). Pursuant to contract with operator, the applicable dayrate while the rig is in the shipyard is 95% of operating dayrate for the first 60 days and 80% of operating dayrate thereafter.
					Anadarko	12/2008	434-436	Extension of Anadarko contract.
Noble Lorris Bouzigard (b)	IPF Pentagone	1975/2003	4,000'	Garden Banks 195	Mariner Shipyard Walter O&G Mariner	9/2006 11/2006 12/2006 3/2008	172-173 — 129-131 172-173	Commenced15-month extension with Mariner on 6/30/2006 for one to two wells, then to shipyard for +/- 75 dayscommencing +/- 9/30/2006for upgrades to utilize aluminum alloy riser. Following upgrades, will commence one well with Walter O&G for +/- 45 days then complete 15-month term with Mariner.
Submersibles (3)
Noble Joe Alford	Pace 85	1982/2006	85'-C	High Island 116	Mariner	1/2007	84-86	Rig scheduled for +/- 30 days of downtime in 4Q 2006 for engine upgrades.
Noble Lester Pettus	Pace 85	1982/2006	85'-C	Breton Sound 52	Century	9/2006	57-59
					Shipyard Century	11/2006 3/2007	- 74-76	Rig scheduled for +/- 60 days of downtime in4Q 2006for upgrades.
Noble Fri Rodli	Transworld	1979/1998	70'-C	High Island 24	Walter O&G Arena	9/2006 10/2006	84-86 46-48	Commenced one well with Walter O&G. Anticipate +/- three days of downtime in 4Q 2006. To Arena, as a substitute forNoble Joe Alford, to drill one well, which will complete commitment made prior to Hurricane Rita.

(a)	Unit will be upgraded to the NC-5SM mooring standards, which meet 100-year storm criteria.
(b)	Rig to be upgraded to 4,000' utilizing aluminum alloy riser.
Changes from last Fleet Status Report denoted by Bold type.

1

							ANTICIPATED
							CONTRACT/DAY-
		YEAR BUILT					RATE	DAYRATE
RIG	RIG DESIGN	/ REBUILT		WATER DEPTH	LOCATION	OPERATOR	EXPIRATION	($000)	COMMENTS
International (54) (c)
Mexico Jackups (10)(d)
Noble Bill Jennings	MLT Class 84-E.R.C.		1975/1997	390'-IC	Bay of Campeche	Pemex	5/2007	74-76
Noble Eddie Paul	MLT Class 84-E.R.C.		1976/1995	390'-IC	Bay of Campeche	Pemex	6/2007	140-142
Noble Leonard Jones	MLT Class 53-E.R.C.		1972/1998	390'-IC	Bay of Campeche	Pemex	6/2007	70-71	Anticipate +/– eight days of downtime in 3Q 2006 for regulatory inspection.
Noble Johnnie Hoffman	Baker Marine BMC 300 IC		1976/1993	300'-IC	Bay of Campeche	Pemex	7/2007	64-65	Anticipate +/– 10 days of downtime in 4Q 2006 for regulatory inspection.
Noble Gene Rosser	Levingston Class 111-C		1977/1996	300'-IC	Bay of Campeche	Pemex	10/2006	66-68	Experienced ten days of downtime in July for regulatory inspections.
						Pemex	12/2007	166-168	Pemex contract scheduled to commence 11/1/2006 @ $166k-168k for 415 days. Anticipate +/– 15 days of downtime in 4Q 2006 for regulatory inspection between contracts.
Noble John Sandifer	Levingston Class 111-C		1975/1995	300'-IC	Bay of Campeche	Pemex	6/2007	64-65
Noble Lewis Dugger	Levingston Class 111-C		1977/1997	300'-IC	Bay of Campeche	Pemex	5/2007	64-65
Noble Sam Noble	Levingston Class 111-C		1982	300'-IC	Bay of Campeche	Pemex	9/2007	64-65
Noble Earl Frederickson	MLT Class 82-SD-C		1979/1999	250'-IC	Bay of Campeche	Pemex	8/2006	39-40
						Pemex	4/2007	149-151	Anticipate +/– 10 days of downtime in 3Q 2006 for regulatory inspection.Extension of Pemex contract for 255 days.
Noble Tom Jobe	MLT Class 82-SD-C		1982	250'-IC	Bay of Campeche	Pemex	8/2007	119-121
Brazil Semisubmersible (2)
Noble Paul Wolff	Noble EVA 4000TM		1981/1998	8,900'-DP	Brazil	Petrobras	12/2006	163-165	Eligible for a maximum 20% performance bonus.Expect +/– 20 days downtime in 3Q 2006 for modifications.
						Petrobras	12/2009	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 can extend contract for contractor responsible downtime (to date —190days including shipyard andexpected 3Q 2006 downtime days).
						Petrobras - Downtime Extension	7/2010	213-215	Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus.
Noble Therald Martin	IPF Pentagone		1977/2003	4,000'	In-transit	Petrobras	9/2006	108-109
					Brazil	Petrobras	9/2010	113-115	Four-year contract with Petrobras. Eligible for a maximum 15% performance bonus.
Brazil Drillships (3)
Noble Roger Eason	Neddrill		1977/2005	7,200'-DP	Brazil	Petrobras	4/2007	96-97	Expect +/– 20 days downtime in 3Q 2006 for modifications.
						Petrobras	4/2010	136-138	Rate effective+/– 4/30/2007. Eligible for a maximum 15% performance bonus.
						Petrobras - Downtime Extension	7/2010	136-138	Petrobras can extend contract for contractor responsible downtime (to date —75 daysincluding shipyard andexpected 3Q 2006 downtime days). Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus.
Noble Leo Segerius	Gusto Engineering Pelican Class		1981/2002	5,600'-DP	Brazil	Petrobras Petrobras - Downtime Extension	7/2008 9/2008	123-125 123-125	Anticipate +/– 28 days of downtime commencing +/– 7/2007 for regulatory inspection and refurbishments. Petrobras can extend contract for contract-defined downtime (to date — 72 days). Anticipated contract/dayrate expiration assuming Petrobras extension for downtime. Eligible for a maximum 10% performance bonus.
Noble Muravlenko	Gusto Engineering Pelican Class		1982/1997	4,600'-DP	Brazil	Petrobras	3/2007	81-82	Eligible for a maximum 10% performance bonus.
						Petrobras	3/2009	119-121	Rate effective 3/17/2007. Eligible for a maximum 15% performance bonus.
						Petrobras - Downtime Extension	4/2009	119-121	Petrobras can extend contract for contractor responsible downtime (to date — 17 days). 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%.

(c)	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.
(d)	Listed rigs are modified bareboat charter; cost structure varies by region.
	Changes from last Fleet Status Report denoted by Bold type.

2

							ANTICIPATED
							CONTRACT/DAY-
		YEAR BUILT					RATE	DAYRATE
RIG	RIG DESIGN	/ REBUILT		WATER DEPTH	LOCATION	OPERATOR	EXPIRATION	($000)	COMMENTS
North Sea Semisubmersible (1)
Noble Ton van Langeveld	Offshore SCP III Mark 2		1979/2000	1,500'	United Kingdom	Maersk Shipyard	4/2007 5/2007	201-202 234-235	Anticipate +/- eight days in4Q 2006 for regulatory inspections. Anticipate +/- 30 days of downtime in 2Q 2007 for upgrades and regulatory inspection paid at 95% of $247k-248k/day.
						Venture Venture	5/2008 5/2009	247-248 359-361
North Sea Jackups (8)
Noble Julie Robertson	Baker Marine Europe Class		1981/2000	390'-IC (e)	United Kingdom	EON Venture Venture Venture	9/2006 12/2006 8/2007 8/2008	67-69 65-67 109-110 164-166
Noble Al White	CFEM T-2005 C		1982/1997	360'-IC	Netherlands United Kingdom United Kingdom	Wintershall RWE RWE — Options	9/2006 2/2007 4/2008	89-91 124-126 124-126	Options: Four wells. Estimated time for each well is 90-100 days.
Noble Kolskaya	Gusto Engineering		1985/1997	330'-IC	Netherlands	Wintershall Wintershall	12/2006 12/2007	103-104 169-171	Rig operates under a bareboat charter agreement to Noble under which Noble retains 30% of the rig's operating profits as defined in the agreement.
Noble Byron Welliver	CFEM T-2005 C		1982	300'-IC	Denmark	Maersk	9/2006	73-75
						Maersk	9/2007	83-85
						Maersk	9/2008	181-183
						Maersk — Options	9/2009	209-211
						Maersk — Options	9/2010	219-221
Noble Lynda Bossler	MSC/CJ46		1982	250'-IC	Netherlands	Wintershall	12/2006	99-100
						Wintershall	12/2007	142-143
Noble Piet van Ede	MSC/CJ46		1982	250'-IC	Netherlands	Gaz de France	12/2006	97-98
						Gaz de France	12/2007	183-185
Noble Ronald Hoope	MSC/CJ46		1982	250'-IC	Netherlands	Gaz de France	12/2006	102-103
						Gaz de France	12/2007	183-185
Noble George Sauvageau	Neddrill		1981	250'-IC	Netherlands	Shell	3/2007	105-107
West Africa Semisubmersible (1)
Noble Homer Ferrington	F&G 9500 Enhanced Pacesetter		1985/2000	6,000'	Nigeria	ExxonMobil	12/2007	128-130	ExxonMobil has options for eight additional wells from +/- 8/2006, which would extend the contract through +/- 12/2007 (four of these eight option wells have been exercised to date).
						Anadarko	1/2009	433-435	One year contract with Anadarko following release from ExxonMobil.
West Africa Jackups (7)
Noble Percy Johns	F&G L-780 MOD II-IC		1981/1995	300'-IC	Nigeria	ExxonMobil ExxonMobil	3/2007 3/2009	117-118 170-171	Anticipate +/-40days of downtime in 3Q 2006 for regulatory inspection and upgrades.Extension of ExxonMobil contract.
Noble Roy Butler	F&G L-780 MOD II-IC		1982/1996	300'-IC (f)	Nigeria	Chevron	5/2008	129-131
Noble Tommy Craighead	F&G L-780 MOD II-IC		1982/1990	300'-IC	Nigeria	Addax	1/2007	107-109	Anticipate +/- seven days of downtime in 3Q 2006 for upgrades.
						To be announced	1/2009	170-171	Letter of Intent in place. New rate effective 1/17/2007.
Noble Carl Norberg	MLT Class 82-C		1976/2003	250'-IC	Equatorial Guinea	Amerada Hess	4/2008	73-75	Lump sum mobilization to Equatorial Guinea to be paid by operator. Rate effective +/-
									8/20/2006.
Noble Ed Noble	MLT Class 82-SD-C		1984/1990	250'-IC	Nigeria	ExxonMobil	9/2006	46-48
						ExxonMobil	9/2008	160-161	Extension of ExxonMobil contract.
Noble Lloyd Noble	MLT Class 82-SD-C		1983/1990	250'-IC	Nigeria	Chevron	5/2008	127-129	Anticipate +/- 14 days of downtime in 3Q 2006 at standby rate of $47k-48k/day.Anticipate +/-20 days of downtime in 3Q 2006 for upgrades.
Noble Don Walker	Baker Marine BMC 150-SD		1982/1992	150'-IC	Nigeria	Shell	4/2007	82-84	On assignment to Moni Pulo for 30-45 days. Anticipate +/- five days of downtime in 3Q 2006 for equipment upgrades.

(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.
	Changes from last Fleet Status Report denoted by Bold type.

3

							ANTICIPATED
							CONTRACT/DAY-
		YEAR BUILT					RATE	DAYRATE
RIG	RIG DESIGN	/ REBUILT		WATER DEPTH	LOCATION	OPERATOR	EXPIRATION	($000)	COMMENTS
Arabian Gulf Jackups (14)
Noble George McLeod	F&G L-780 MOD II-IC		1981/1995	300'-IC	UAE (Abu Dhabi)	NDC	6/2007	51-52	Anticipate +/– 21 days of downtime for regulatory inspection in1Q 2007.
Noble Jimmy Puckett	F&G L-780 MOD II-IC		1982/2002	300'-IC	Qatar	RasGas RasGas — Options	5/2007 TBD	55-57 59-73	Exercised eight option wells @ $59-61k/day. Remaining options: Onewell @ $59-61k/day; nine wells @ $65-67k/day, nine wells @ $71-73k/day. Estimated time to complete each well is +/– 45 days.
Noble Kenneth Delaney	F&G L-780 MOD II-IC		1983/1998	300'-IC	UAE (Abu Dhabi)	NDC QatarGas 3 & 4	6/2007 8/2008	51-52 98-100	Planned +/– 40 days down in 2Q 2007 for regulatory inspections and upgrades, then to QatarGas 3 & 4 for remainder of 700-day contract. (seeNoble Dick Favorcomments)
Noble Gus Androes	Levingston Class 111-C		1982/1996	300'-IC	UAE (Abu Dhabi)	Total ABK Total ABK — Extension	8/2006 2/2007	67-69 70-72	Anticipate +/–14 days of downtime in1Q 2007for regulatory inspection. Extensions: Renewable every six months, dayrate increases/decreases capped at 5%.
Noble Harvey Duhaney	Levingston Class 111-C		1976/2001	300'-IC	Qatar	Total Total — Option	2/2008 2/2009	84-86 98-100	Anticipate +/–65 daysof downtime in 4Q 2006 for upgrades and regulatory inspection. Option: One year.
Noble Mark Burns	Levingston Class 111-C		1980/2005	300'-IC	Qatar	RasGas RasGas RasGas — Options	12/2006 9/2007 3/2008	60-61 71-81 79-89	Exercised three option wells ( two wells @ $71-73k/day, one well @ $79-81k/day); Remaining Options: One well @ $79-81k/day, two wells @ $87-89k/day.Estimated time to complete each well is60-90days.
Noble Roy Rhodes	MLT 116-C		1979	300'-IC (g)	UAE (Dubai)	DPC	1/2007	67-69
Noble Cees van Diemen	Modec 300-C		1981/2004	300'-IC	Qatar	Shipyard RasGas RasGas — Options	8/2006 9/2007 12/2007	- 59-61 59-61	Anticipate +/– 21 days of downtime in3Q 2006for upgrades and regulatory inspection. Options: One option remaining.Estimated time to complete each well is 60-120 days.
Noble David Tinsley	Modec 300-C		1981/2004	300'-IC	Qatar	RasGas Shipyard Talisman RasGas (Standby) RasGas RasGas — Option	10/2006 11/2006 12/2006 1/2007 10/2007 5/2008	54-56 43-45 164-166 43-45 54-56 61-63	Anticipate +/– 30 days of downtime in 4Q 2006 for regulatory inspections; will receive standby rate of $44k/day. Received letter of award for one well estimated at +/– 50 days. Contract suspension +/– 30 days (Noble has right to market rig during this period). Option: 200 days.
Noble Gene House	Modec 300-C		1981/2004	300'-IC	Qatar	Dolphin Energy Shell Shell	1/2007 8/2007 6/2008	59-60 102-104 160-162	One well estimated +/– 150 days bridging untilNoble Roger Lewisdelivery. 270 day contract to commence upon delivery ofNoble Roger Lewis.
Noble Charles Copeland	MLT Class 82-SD-C		1979/2001	280'-IC	Qatar	RasGas RasGas (Standby) RasGas RasGas — Options	11/2006 12/2006 5/2007 1/2008	76-78 54-56 76-78 82-89	Contract suspension +/– 60 days (Noble has right to market rig during this period). Scope of work change to one 60-day well and one 150-day well. Options:Two wells @ $82-84k/day, two wells @ $87-89k/day. Estimated time to complete each well is 45-60 days.
Noble Chuck Syring	MLT Class 82-C		1976/1996	250'-IC	Qatar	QatarGas 3 Shipyard Maersk	9/2006 10/2006 10/2007	50-52 — 119-121	Anticipate +/–35 daysof downtime in 3Q-4Q2006 between contracts for upgrades and regulatory inspection.
Noble Dhabi II	Baker Marine BMC 150		1982	150'-IC	UAE (Abu Dhabi)	ADOC	7/2008	59-60	Received dayrate of $35k while in shipyard through 7/15/2006.
Noble Dick Favor	Baker Marine BMC 150		1982/2005	150'-IC	Qatar	QatarGas 3 & 4	7/2007	91-93	Completed contract with Winstershall 8/5/2006. The 700-day contract with QatarGas 3 & 4commenced 8/10/2006. TheNoble Dick Favorwill 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.

(g) Rig is currently equipped to operate in 250' of water.
Changes from last Fleet Status Report denoted by Bold type.

4

							ANTICIPATED
							CONTRACT/DAY-
		YEAR BUILT					RATE	DAYRATE
RIG	RIG DESIGN	/ REBUILT		WATER DEPTH	LOCATION	OPERATOR	EXPIRATION	($000)	COMMENTS
India Jackups (2) (d)
Noble Ed Holt	Levingston Class 111—C		1981/1994	300'—IC	India	Jindal/ONGC	6/2009	82—83	Anticipate +/– 90 days of downtime in 4Q 2006 for upgrades and regulatory inspection. Rig bareboat chartered to Jindal which contracted with ONGC.
Noble Charlie Yester	MLT 116—C		1979	300'—IC	India	Discovery/ONGC Discovery/ONGC	1/2007 1/2010	51—52 130—131	Received LOI for three—year extension with Discovery/ONGC @ $130k—131k/day in direct continuation of current contract. Rig bareboat chartered to Discovery which contracted with ONGC.
Far East Semisubmersibles (3)
Noble Dave Beard	F&G 9500 Enhanced Pacesetter		1986/2008	10,000'—DP	Dalian, China — DSIC In—transit Brazil	Shipyard Petrobras Petrobras	6/2008 8/2008 8/2013	— 208—210 219—220	Finalizedfive—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).
Noble Danny Adkins — Newbuild	Bingo 9000		1999/2009	12,000'—DP	Singapore — Jurong U.S. Gulf	Shipyard Shell	2/2009 2/2013	— 417—419	Four—year contract with Shell following upgrade of baredeck hull to 12,000' water depth capability.
Noble Bingo 9000 Rig 4—Newbuild	Bingo 9000		1999	12,000'—DP (h)	Singapore — Jurong	Shipyard	—	—	Baredeck hull.
Far East Jackups (3)
Noble Roger Lewis — Newbuild	F&G JU—2000E		2007	400'—IC	Dalian, China — DSIC In—transit Qatar	Shipyard Shell Shell	8/2007 9/2007 9/2009	—  40—42 104—106	Two—year contract with Shell.
Noble Hans Deul — Newbuild	F&G JU—2000E		2008	400'—IC	Dalian, China — DSIC In—transit TBD	Shipyard Shell Shell	2/2008 4/2008 4/2010	— 40—42 104—106	Two—year contract with Shell.
Noble Scott Marks — Newbuild	F&G JU—2000E		2009	400'—IC	Dalian, China — DSIC In—transit United Kingdom	Shipyard Venture Venture	3/2009 6/2009 6/2011	— TBD 209—211	Received letter of award for two—year contract with Venture.

(d)	Listed rigs are modified bareboat charter; cost structure varies by region.
(h)	Baredeck hull constructed as capable to operate in 12,000' of water.
	Changes from last Fleet Status Report denoted by Bold type.

5