Noble 8K Regulation FD Disclosure | SEC 11 Jan 08

NOBLE CORPORATION ANDSUBSIDIARIES FLEET STATUS REPORT - January 11, 2008

Estimated unpaid down time days

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

DAYRATE ($000)

COMMENTS

4Q-07

1Q-08

2Q-08

3Q-08

4Q-08

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)

E**

Noble Clyde Boudreaux (b, c)

F&G 9500 Enhanced Pacesetter

1987/2007

10,000'

US GOM

Shell

6/09/2007

6/08/2009

226-228

Noble Amos Runner (a)

Noble EVA 4000™

1982/1999

8,000'

US GOM

Anadarko/Hydro

8/24/2007

10/09/2007

407-409

US GOM

Anadarko/Marathon

10/10/2007

1/14/2008

407-409

Shipyard

Anadarko

1/15/2008

4/24/2008

Expect to enter shipyard in 1Q 2008 for +/- 100 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 of 8/08/2007through 4/24/2008 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 from 60 days ($263k-$265k) up to 85 days. Anticipate 15 days at zero rate in 2Q 2008.

Anadarko

4/25/2008

3/08/2011

434-436

Noble Jim Thompson (b)

Noble EVA 4000™

1984/1999

6,000'

US GOM

Shell

3/01/2007

2/28/2009

424-426

Noble Max Smith

Noble EVA 4000™

1980/1999

7,000'

US GOM

Hess Corp/ERT

3/20/2006

4/30/2008

304-306

Shipyard

5/01/2008

7/31/2008

Expected to enter the shipyard in 2Q 2008 for +/- 90 days for regulatory inspections/contract preparation.

Bay of Campeche

Pemex

8/01/2008

7/31/2011

483-485

Noble Paul Romano (b)

Noble EVA 4000™

1981/1998

6,000'

Anadarko/Shipyard

7/20/2007

11/04/2007

Entered the shipyard in July 2007 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 9/20/2007 of $324k-$326k, reduced to 95% of the operating dayrate for the first 60 days in the shipyard ($308k-$309k), and from 9/21/2007 through 10/18/2007, approximately 80% of the new operating dayrate. For the period of 10/19/2007- 11/04/2007, we received zero dayrate.

US GOM

Anadarko/BHP

11/05/2007

12/31/2008

434-436

US GOM

Marathon

1/01/2009

12/31/2009

481-483

Noble Lorris Bouzigard (c)

Pentagone 85

1975/2003

4,000'

US GOM

Mariner

1/26/2007

1/12/2008

172-173

US GOM

Mariner

1/13/2008

2/29/2008

304-306

US GOM

Mariner

3/01/2008

5/01/2008

172-173

US GOM

LLOG

5/02/2008

5/01/2010

269-271

Received a letter of intent.

Submersibles (3)

Noble Joe Alford

Pace Marine 85G

1982/2006

70’-C

US GOM

Off Contract

10/01/2007

1/03/2008

US GOM

Seneca

1/04/2008

4/03/2008

49-51

Noble Lester Pettus

Pace Marine 85G

1982/2007

70’-C

US GOM

LLOG

8/05/2007

10/08/2007

59-61

US GOM

10/09/2007

11/02/2007

US GOM

Walter Oil & Gas

11/03/2007

1/29/2008

48-50

US GOM

LLOG

1/30/2008

7/29/2008

54-56

Noble Fri Rodli

Transworld

1979/1998

70’-C

US GOM

LLOG

7/19/2007

10/20/2007

69-71

US GOM

Cold Stacked

10/21/2007

12/31/2007

Cold stacked.

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

Page 1 of 5

NOBLE CORPORATION ANDSUBSIDIARIES FLEET STATUS REPORT - January 11, 2008

Estimated unpaid down time days

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

DAYRATE

($000)

COMMENTS

4Q-07

1Q-08

2Q-08

3Q-08

4Q-08

E**

International (53) (d)

Mexico Jackups (10) (e)

E**

Noble Bill Jennings

MLT Class 84-E.R.C.

1975/1997

390’-IC

Bay of Campeche

Pemex

6/19/2007

6/17/2008

185-187

Anticipate +/- 14 days of downtime in 2Q 2008 for rig modifications and regulatory inspection.

Noble Eddie Paul

MLT Class 84-E.R.C.

1976/1995

390’-IC

Bay of Campeche

Pemex

6/05/2007

12/03/2009

177-179

Anticipate +/- 10 days of downtime in 3Q 2008 for rig modifications and regulatory inspection.

Noble Leonard Jones

MLT Class 53-E.R.C.

1972/1998

390’-IC

Bay of Campeche

Pemex

6/24/2007

12/22/2009

185-187

Anticipate +/- 10 days of downtime in 3Q 2008 for rig modifications and regulatory inspection.

Noble Johnnie Hoffman

Baker Marine BMC 300

1976/1993

300’-IC

Bay of Campeche

Shipyard

7/07/2007

10/30/2007

Incurred 30 days of downtime in 4Q 2007 for rig modifications and regulatory inspection.

Bay of Campeche

Pemex

10/31/2007

4/14/2010

170-172

Noble Gene Rosser

Levingston Class 111-C

1977/1996

300’-IC

Bay of Campeche

Pemex

11/01/2006

12/20/2007

166-168

Pemex

12/21/2007

6/20/2010

170-172

Anticipate +/- 10 days of downtime in 4Q 2008 for rig modifications and regulatory inspection.

Noble John Sandifer

Levingston Class 111-C

1975/1995

300’-IC

Bay of Campeche

Pemex

9/24/2007

3/20/2010

170-172

Noble Lewis Dugger

Levingston Class 111-C

1977/1997

300’-IC

Bay of Campeche

Pemex

6/20/2007

6/17/2008

170-172

Anticipate +/- 25 days of downtime in 2Q 2008/3Q 2008 for rig modifications and regulatory inspection.

Noble Sam Noble

Levingston Class 111-C

1982

300’-IC

Bay of Campeche

Pemex

9/22/2007

3/21/2010

170-172

Anticipate +/- 10 days of downtime in 3Q 2008 for rig modification and regulatory inspection.

Noble Earl Frederickson

MLT Class 82-SD-C

1979/1999

250’-IC

Bay of Campeche

Pemex

5/02/2007

4/30/2008

149-151

Anticipate +/- 14 days of downtime in 2Q 2008 for rig modificaitons and regulatory inspection.

Noble Tom Jobe

MLT Class 82-SD-C

1982

250’-IC

Bay of Campeche

Pemex

8/08/2007

8/06/2008

149-151

Brazil Semisubmersibles (2)

Noble Paul Wolff

Noble EVA 4000™

1981/1999/2006

10,000'-DP

Brazil

Petrobras

1/01/2006

11/04/2009

163-165

Eligible for a maximum 20% performance bonus.

Noble Therald Martin (c)

Pentagone 85

1977/2004

4,000'

Brazil

Petrobras

4/11/2007

10/26/2008

113-115

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

Brazil

Petrobras

10/27/2008

11/26/2009

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

11/27/2009

12/27/2010

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)

NAMNedlloyd-C

1977/2005

7,200'-DP

Brazil

Petrobras

3/16/2007

11/28/2007

136-138

Eligible for a maximum 15% performance bonus.

Brazil

Downtime/Shipyard

11/29/2007

5/15/2008

Incurred 44 days of downtime during 4Q 2007 including downtime related to the fire reported on November 29, 2007. A damage assessment is ongoing and the initial preliminary estimate for a return to service date is middle 2Q 2008. A charge for a $10 million insurance deductible was taken in the 4Q 2007 which increased "Contract Drilling Services Expense" during the quarter.

Brazil

Petrobras

5/16/2008

3/15/2010

136-138

Brazil

Petrobras - Downtime Extension

3/16/2010

9/24/2010

136-138

Petrobras can extend contract for contractor responsible downtime (to date - 193 days through November 29, 2007). Anticipated contract/dayrate expiration assuming Petrobras extension for 193 days of 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

6/13/2008

123-125

Incurred 41 days of downtime during the 4Q 2007 for regulatory inspection and refurbishments. Eligible for a maximum 10% performance bonus.

Brazil

Chevron

6/14/2008

1/13/2009

524-526

Noble Muravlenko

Gusto Engineering Pelican Class

1982/1997

4,900’-DP

Brazil

Petrobras

3/18/2007

3/17/2009

119-121

Eligible for a maximum 15% performance bonus.

Brazil

Petrobras - Downtime Extension

3/18/2009

5/18/2009

119-121

Petrobras can extend contract for contractor responsible downtime (to date - 51 days). Anticipated contract/dayrate expiration assuming Petrobras extension for contractor responsible downtime. Eligible for a maximum 15% performance bonus.

Note: The entity that owns the rig is fully consolidated; however, there is a minority interest holder for 18%.

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

Page 2 of 5

NOBLE CORPORATION ANDSUBSIDIARIES FLEET STATUS REPORT - January 11, 2008

Estimated unpaid down time days

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

DAYRATE

($000)

COMMENTS

4Q-07

1Q-08

2Q-08

3Q-08

4Q-08

E**

North Sea Semisubmersible (1)

E**

Noble Ton van Langeveld

Offshore Co. SCP III Mark 2

1979/2000

1,500'

United Kingdom

Venture

6/29/2007

6/28/2008

247-248

United Kingdom

Venture

6/29/2008

6/28/2009

359-361

North Sea Jackups (7)

Noble Julie Robertson

Baker Marine Europe Class

1981/2001

390'-IC (f)

United Kingdom

Venture

9/14/2007

9/14/2008

164-166

United Kingdom

Venture

9/15/2008

9/14/2009

197-199

Noble Al White

CFEM T-2005-C

1982/2005

360’-IC

United Kingdom

RWE

4/16/2007

1/13/2008

124-126

Netherlands

Total

1/14/2008

4/23/2008

194-196

United Kingdom

RWE

4/24/2008

8/27/2008

124-126

Noble Byron Welliver

CFEM T-2005-C

1982

300’-IC

Denmark

Maersk

3/09/2006

9/03/2007

83-85

Denmark

Maersk

9/04/2007

9/03/2008

181-183

Maersk - Options

9/04/2008

9/03/2009

209-211

Anticiapte +/- 5 days of downtime in 3Q 2008 for rig modifications and regulatory inspection.

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

Netherlands

Wintershall

1/01/2008

6/30/2008

219-221

Netherlands

Cirrus Energy

7/01/2008

11/04/2008

219-221

Option for one additional well after indicated contract expiration date at +/- 45 days at $219k-$221k/day.

Noble Piet van Ede

MSC/CJ-46

1982

250’-IC

Netherlands

Gaz de France

1/01/2007

12/31/2007

183-185

Netherlands

Gaz de France

1/01/2008

12/31/2008

204-206

Noble Ronald Hoope

MSC/CJ-46

1982

250’-IC

Netherlands

Gaz de France

1/01/2007

12/31/2007

183-185

Netherlands

Gaz de France

1/01/2008

6/30/2008

204-206

Noble George Sauvageau

NAM Nedlloyd-C

1981

250’-IC

Netherlands

Chevron

8/12/2007

1/13/2008

234-236

Netherlands

Wintershall

1/14/2008

12/31/2008

224-226

West Africa Semisubmersible (1)

Noble Homer Ferrington

F&G 9500 Enhanced Pacesetter

1985/2004

6,000'

Nigeria

ExxonMobil

11/29/2004

4/15/2008

128-130

Coted'lvoire

CNR International

4/16/2008

4/15/2009

433-435

One year contract with Anadarko (assigned to CNR International for work in Cote d'Ivoire) following release from ExxonMobil.

West Africa Jackups (7)

Noble Percy Johns

F&G L-780 MOD II

1981/1995

300’-IC

Nigeria

ExxonMobil

3/28/2007

3/27/2009

170-171

Anticipate +/- 4 days of downtime in 2Q 2008 for rig modifications and regulatory inspection.

Noble Roy Butler

F&G L-780 MOD II

1982/1998

300’-IC (g)

Nigeria

Chevron

5/15/2006

12/24/2007

129-131

Shipyard

12/24/2007

3/31/2008

Anticipate +/- 98 days of downtime in 4Q 2007/1Q 2008 for rig modifications and regulatory inspection.

Noble Tommy Craighead

F&G L-780 MOD II

1982/2003

300’-IC

Nigeria

Addax

1/18/2007

1/17/2009

170-171

Anticipate +/- 1 day of downtime in 4Q 2008 for rig modifications and regulatory inspection.

Noble Carl Norberg

MLT Class 82-C

1976/2003

250'-IC

Equatorial Guinea

Hess

8/01/2006

3/31/2008

73-75

Anticipate +/- 4 days of downtime in 3Q 2008 for rig modifications and regulatory inspection.

Noble Ed Noble

MLT Class 82-SD-C

1984/2003

250’-IC

Nigeria

ExxonMobil

9/03/2006

9/01/2008

160-161

Noble Lloyd Noble

MLT Class 82-SD-C

1983/1990

250’-IC

Nigeria

Chevron

5/21/2006

7/20/2008

127-129

Anticipate +/- 4 days of downtime in 1Q 2008 for rig modifications and regulatory inspection.

Noble Don Walker

Baker Marine BMC 150-SD

1982/1992

150’-IC

Nigeria

Shell/Moni Pulo

7/01/2007

4/23/2008

164-166

Anticipate +/- 4 days of downtime in 1Q 2008 for rig modifications and regulatory inspection.

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

Page 3 of 5

NOBLE CORPORATION ANDSUBSIDIARIES FLEET STATUS REPORT - January 11, 2008

Estimated unpaid down time days

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

DAYRATE

($000)

COMMENTS

4Q-07

1Q-08

2Q-08

3Q-08

4Q-08

E**

Arabian Gulf Jackups (15)

E**

Noble Roger Lewis

F&G JU-2000E

2007

400'-IC

UAE (Sharjah)

Shell

9/01/2007

1/26/2008

40-42

Waiting on weather for rig move.

Qatar

Shell

1/27/2008

1/26/2010

104-106

Two-year contract with Shell.

Noble George McLeod

F&G L-780 MOD II

1981/1995

300’-IC

UAE (Sharjah)

Shipyard

8/26/2007

10/24/2007

Qatar

RasGas

10/25/2007

4/13/2008

159-161

Received contract for a minimum of 140 days; maximum of 210 days. Accommodation and well testing program. Anticipate +/- 55 days of downtime in 2Q 2008 for rig modifications and regulatory inspection.

Noble Jimmy Puckett

F&G L-780 MOD II

1982/2002

300'-IC

UAE (Sharjah)

RasGas - Standby

9/15/2007

11/21/2007

45-48

Standby.

Qatar

RasGas - Options

11/29/2007

5/31/2009

59-61

Exercised seven option wells. Remaining options after 5/31/2009, but not yet exercised: One well @ $59k-$61k, nine wells @ $65k-$67k/day and nine wells @ $71k-$73k/day. Estimated time to complete each well is +/- 65 days.

Noble Kenneth Delaney

F&G L-780 MOD II

1983/1998

300'-IC

Qatar

QatarGas 3 & 4

7/10/2007

7/31/2008

98-100

Under contract to QatarGas 3 & 4 for remainder of 700-day contract. (see Noble Dick Favor comments).

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 (Abu Dhabi)

Total ABK- Extension

10/01/2007

3/31/2008

81-83

UAE (Abu Dhabi)

Total ABK- Extension

4/01/2008

9/30/2008

90-92

Extensions: Renewable every six months, dayrate increases/decreases capped at 10%. Extension agreement ends 12/31/2010.

Noble Harvey Duhaney

Levingston Class 111-C

1976/2001

300'-IC

Qatar

Total

1/05/2007

3/24/2008

84-86

Qatar

Total

3/25/2008

3/24/2009

98-100

Noble Mark Burns

Levingston Class 111-C

1980/2005

300'-IC

Qatar

RasGas

3/07/2007

10/11/2007

71-81

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

UAE (Dubai)

Dubai Petroleum

10/12/2007

10/11/2009

Rate withheld at request of operator. Anticipate +/- 62 days of downtime in 3Q 2008 for rig modifications and regulatory inspection.

Noble Roy Rhodes(h)

MLT Class 116-C

1979

300’-IC (h)

UAE (Dubai)

Dubai Petroleum

2/07/2007

12/31/2007

Rate withheld at request of operator.

UAE (Sharjah)

Shipyard

12/31/2007

2/04/2008

Anticipate +/- 35 days of downtime in 1Q 2008 for rig modifications and regulatory inspection.

UAE (Dubai)

Dubai Petroleum

2/05/2008

3/16/2008

Rate withheld at request of operator.

UAE (Dubai)

Dubai Petroleum

3/17/2008

3/16/2009

Rate withheld at request of operator.

Noble Cees van Diemen

Modec 300C-38

1981/2004

300'-IC

Qatar

RasGas

9/23/2004

11/26/2008

59-61

UAE (Sharjah)

Shipyard

11/27/2008

12/31/2008

Anticipate +/- 35 days of downtime in 4Q 2008 for rig modifications and regulatory inspection.

Noble David Tinsley

Modec 300C-38

1981/2004

300'-IC

Qatar

RasGas

1/23/2007

10/31/2007

54-56

Qatar

RasGas

11/01/2007

11/30/2008

61-63

Noble Gene House

Modec 300C-38

1981/1998

300'-IC

Qatar

Shell

2/08/2007

1/26/2008

102-104

Through Noble Roger Lewis contract commencement.

Qatar

Shell

1/27/2008

10/23/2008

160-162

270 day contract to commence upon Noble Roger Lewis contract commencement. Anticipate +/- 47 days of downtime in 4Q 2008 for rig modifications and regulatory inspection.

Noble Charles Copeland

MLT Class 82-SD-C

1979/2001

280’-IC

Qatar

RasGas

5/01/2007

2/28/2008

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.

Qatar

RasGas

3/01/2008

2/01/2009

87-89

Remaining option wells exercised from the Noble Mark Burns. Estimated time to complete each well is +/-100 days.

Noble Chuck Syring

MLT Class 82-C

1976/1996

250’-IC

Qatar

Maersk

11/12/2006

11/11/2007

119-121

Qatar

Maersk

11/12/2007

11/11/2009

159-161

Noble Dhabi II

Baker Marine BMC 150

1982

150'-IC

UAE (Abu Dhabi)

ADOC

7/15/2006

7/14/2008

60-62

Noble Dick Favor

Baker Marine BMC 150

1982/2004

150’-IC

Qatar

QatarGas 3 & 4

7/05/2007

12/31/2007

162-163

Qatar

QatarGas 3 & 4

1/01/2008

10/01/2008

162-163

Anticipate +/- 61 days of downtime in 4Q 2008 for rig modifications and regulatory inspection.

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

Page 4 of 5

NOBLE CORPORATION ANDSUBSIDIARIES FLEET STATUS REPORT - January 11, 2008

Estimated unpaid down time days

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

DAYRATE

($000)

COMMENTS

4Q-07

1Q-08

2Q-08

3Q-08

4Q-08

E**

India Jackups (2) (e)

E**

Noble Ed Holt

Levingston Class 111-C

1981/2003

300’-IC

India

Jindal/ONGC

1/15/2007

7/29/2009

82-83

Rig bareboat chartered to Jindal which contracted with ONGC.

Noble Charlie Yester

MLT 116-C

1980

300’-IC

India

Jindal/ONGC

1/30/2007

1/29/2010

130-131

Rig bareboat chartered to Jindal which contracted with ONGC. Anticipate +/- 14 days of downtime in 4Q 2008 for rig modifications and regulatory inspection.

Far East Semisubmersibles (3)

Noble Dave Beard

F&G 9500 Enhanced Pacesetter

1986/2008

10,000'-DP

Dalian, China- DSIC

Shipyard

10/31/2008

Five-year contract with Petrobras. Eligible for a maximum 15% bonus.

In-transit

Petrobras

11/01/2008

1/14/2009

208-210

Brazil

Petrobras

1/15/2009

1/14/2014

219-220

Noble Danny Adkins- Newbuild

Bingo 9000

1999/2009

12,000'-DP

Singapore- Jurong

Shipyard

3/31/2009

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

U.S. Gulf

Shell

4/01/2009

3/31/2013

429-431

Noble Jim Day(Noble Bingo 9000 Rig 4) - Newbuild

Bingo 9000

1999/2009

12,000'-DP

Singapore- Jurong

Shipyard

12/15/2009

U.S. Gulf

Marathon

12/16/2009

12/15/2011

514-516

Far East Jackups (2)

Noble Hans Deul- Newbuild

F&G JU-2000E

2008

400'-IC

Dalian, China- DSIC

Shipyard

7/31/2008

In-transit

Shell

8/01/2008

10/15/2008

34-36

North Sea

Shell

10/16/2008

10/15/2010

104-106

Two-year contract with Shell.

Noble Scott Marks - Newbuild

F&G JU-2000E

2009

400'-IC

Dalian, China- DSIC

Shipyard

6/30/2009

In-transit

Venture

7/01/2009

8/31/2009

TBD

North Sea

Venture

9/01/2009

8/31/2011

209-211

Two-year contract with Venture.

460

283

338

208

260

2007 Total (includes: shipyard, stacked, and downtime days)

1277

2008 Total (includes: shipyard, stacked, and downtime days)

1127

(a)

Unit will be upgraded to the NC-5SMmooring standard.

(b)

Unit has been upgraded to the NC-5SMmooring standard.

(c)

Rig utilizes the Aluminum Alloy Riser technology.

(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.

(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.

(h)

Rig is currently equipped to operate in 250' of water.

= Actual downtime incurred during the quarter indicated as of the report date; **E = Estimated additional downtime days expected to occur as of the report date.

= Rate withheld at request of operator.

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

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Noble 8-KRegulation FD Disclosure