Noble 8K Regulation FD Disclosure | SEC 3 Mar 09

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 03, 2009

Approximate actual and estimated unpaid down time days *

RIG

DESIGN

YEAR BUILT / REBUILT

WATER

DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

FULL CONTRACT DAYRATE ($000)

COMMENTS

1Q-09

2Q-09

3Q-09

4Q-09

The information contained in this fleet status report is as of the date of the report only and is subject to change without notice to the recipient, and we assume no duty to update any portion of the information contained herein. This fleet status report contains statements that are not historical facts, which are “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements about estimated duration of client contracts, contract dayrate amounts, future contract commencement dates, shipyard projects, our business, financial performance and prospects. 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, uncertainties and assumptions concerning actions by our clients, governments and other third parties, drilling activity levels, market conditions, operational difficulties, weather related events and other matters, from time to time in our filings with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge on the SEC’s Web site at www.sec.gov.

Full Contract Dayrate reflects the full daywork operating rate payable to the Company by the operator as provided in the applicable drilling contract unless otherwise specified. The average dayrate over the term of the contract will be lower and could be substantially lower. The actual average dayrate will depend upon a number of factors (rig downtime, suspension of operations, etc.) including some beyond our control. Our client contracts and operations are generally subject to a number of risks and uncertainties, and we urge you to review the description and explanation of such risks and uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SEC’s Web site at www.sec.gov.

U.S. Gulf of Mexico Semisubmersibles (5)

Noble Clyde Boudreaux (a, b)

F&G 9500 Enhanced Pacesetter

1987/2007

10,000'

US GOM

Shell

6/09/2007

6/28/2009

243-245

US GOM

Shell

6/29/2009

09/28/2009

604-606

Noble Amos Runner (a)

Noble EVA 4000™

1982/1999

8,000'

US GOM

Anadarko/Noble Energy

4/25/2008

3/08/2011

439-441

Noble Jim Thompson (a)

Noble EVA 4000™

1984/1999

6,000'

US GOM

Shell

3/01/2007

2/28/2009

424-426

US GOM

Shell

3/01/2009

2/28/2011

504-506

Noble Paul Romano (a)

Noble EVA 4000™

1981/1998

6,000'

US GOM

Anadarko/BHP

11/05/2007

2/16/2009

434-436

US GOM

Marathon

2/17/2009

2/15/2010

481-483

US GOM

Noble Energy

2/16/2010

2/15/2012

604-606

Noble Lorris Bouzigard (b)

Pentagone 85

1975/2003

4,000'

US GOM

LLOG

6/23/2008

6/24/2010

269-271

US GOM

LLOG

6/25/2010

6/24/2011

334-336

U.S. Gulf of Mexico Submersibles (3)(h)

Noble Joe Alford

Pace Marine 85G

1982/2006

70’-C

US GOM

Mariner

8/23/2008

2/25/2009

57-59

US GOM

Mariner

2/26/2009

8/25/2009

67-69

Noble Lester Pettus

Pace Marine 85G

1982/2007

70’-C

US GOM

LLOG

9/27/2008

3/20/2009

57-59

Mexico Semisubmersible (1) (c)

Noble Max Smith

Noble EVA 4000™

1980/1999

7,000'

Bay of Campeche

Pemex

8/01/2008

7/31/2011

483-485

Mexico Jackups (12) (c, d)

Noble Bill Jennings

MLT Class 84-E.R.C.

1975/1997

390’-IC

Bay of Campeche

Pemex

12/18/2008

6/17/2010

174-175

This contract reprices every three months based on an index of jackup rates in seven international regions. The next date on which the contract is expected to reprice is 3/18/2009.

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

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

Noble Roy Butler

F&G L-780 MOD II

1982/1998

300’-IC (f)

In-transit & contract preparation

Pemex

11/16/2008

3/01/2009

Anticipate lump sum fee will offset mobilization costs.

Bay of Campeche

Pemex

3/02/2009

5/07/2010

167-169

This contract is at a fixed rate for the entire term and is not indexed.

Noble Johnnie Hoffman

Baker Marine BMC 300

1976/1993

300’-IC

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

12/21/2007

6/20/2010

170-172

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

6/18/2008

1/31/2010

144-146

This contract reprices every three months based on an index of jackup rates in seven international regions. The next date on which the contract is expected to reprice is 3/18/2009.

Noble Sam Noble

Levingston Class 111-C

1982

300’-IC

Bay of Campeche

Pemex

9/22/2007

3/21/2010

170-172

Noble Earl Frederickson

MLT Class 82-SD-C

1979/1999

250’-IC

Bay of Campeche

Pemex

7/13/2008

1/12/2009

104-106

This contract was fixed at a dayrate of $104k-$106k until 1/13/2009 at which time the contract repriced at a new dayrate of $138k-$139k. The contract reprices every three months based on an index of jackup rates in seven international regions. The next date on which the contract is expected to reprice is 4/13/2009.

Bay of Campeche

Pemex

1/13/2009

8/25/2010

138-140

Noble Tom Jobe

MLT Class 82-SD-C

1982

250’-IC

Bay of Campeche

Pemex

8/07/2008

2/06/2009

154-156

This contract was fixed at a dayrate of $154k-$156k until 2/07/2009 at which time the contract repriced at a new dayrate of $157k-$159k. The contract reprices every three months based on an index of jackup rates in seven international regions. The next date on which the contract is expected to reprice is 5/07/2009.

Bay of Campeche

Pemex

2/07/2009

12/06/2011

157-159

Noble Carl Norberg

MLT Class 82-C

1976/2003

250'-IC

In-transit & contract preparation

Pemex

11/16/2008

3/06/2009

Departure to Mexico. Lump sum fee will offset mobilization costs.

Bay of Campeche

Pemex

3/07/2009

3/07/2011

154-156

This 731 day contract is fixed at a dayrate of $154k-$156k until 8/10/2009 after which time the contract reprices every three months based on an index of jackup rates in seven international regions.

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

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 03, 2009

Approximate actual and estimated unpaid down time days *

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

FULL CONTRACT DAYRATE ($000)

COMMENTS

1Q-09

2Q-09

3Q-09

4Q-09

Brazil Semisubmersibles(3)(c )

Noble Dave Beard - Newbuild

F&G 9500 Enhanced Pacesetter

1986/2008

10,000'-DP

Dalian, China - DSIC

Shipyard

1/31/2009

The drilling contract for the Noble Dave Beard gives the customer the right to terminate the contract if the rig did not commence operations by December 2008 and also gives the customer the right to apply a penalty for delay beyond the date upon which it had the right to cancel. We continue to discuss an extension for the commencement and a reduction in penalty for this rig and believe we will come to an accommodation with the client that is acceptable to us.

In-transit

Petrobras

2/01/2009

3/24/2009

Mobilization fee of $208k-$210k per day during the in-transit period will be amortized over the term of the contract.

Customs/testing

Shipyard

3/25/2009

10/06/2009

Install thrusters, commission dynamic positioning and drilling systems.

Brazil

Petrobras

10/07/2009

10/06/2014

219-221

Eligible for a maximum 15% bonus.

Noble Paul Wolff

Noble EVA 4000™

1981/1999/2006

9,200'-DP

Brazil

Petrobras

1/01/2006

11/03/2009

163-165

Eligible for a maximum 20% performance bonus.

Brazil

Petrobras

11/04/2009

11/03/2014

427-429

Received Memorandum of Understanding. Eligible for a maximum 15% performance bonus. Petrobras has an option to convert this to a 6-year term at $416k/day plus a maximum 18% performance bonus; option must be exercised by 11/01/2009.

Noble Therald Martin (b)

Pentagone 85

1977/2004

4,000'

Brazil

Petrobras

4/11/2007

10/17/2010

113-115

Eligible for a maximum 15% performance bonus.

Brazil

Petrobras

10/18/2010

10/17/2015

269-271

Received Memorandum of Understanding. Eligible for a maximum 10% performance bonus.

Brazil Drillships (3) (c )

Noble Roger Eason (b)

NAM Nedlloyd-C

1977/2005

7,200'-DP

Brazil

Downtime/Shipyard

11/29/2007

3/14/2009

Commissioning systems to prepare for return to work following the repairs related to the fire reported on November 29, 2007. Anticipate +/- 74 days of downtime in the 1Q 2009 for repairs.

Brazil

Petrobras

3/15/2009

3/14/2010

136-138

Eligible for a maximum 15% performance bonus.

Brazil

Petrobras

3/15/2010

4/30/2011

346-348

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

Brazil

Petrobras

5/01/2011

9/28/2011

89-91

Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.

Brazil

Petrobras

9/29/2011

8/12/2016

346-348

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

Noble Leo Segerius (b)

Gusto Engineering Pelican Class

1981/2002

5,600’-DP

Brazil

Chevron

8/14/2008

6/24/2009

524-526

Brazil

Shell

6/25/2009

9/05/2009

524-526

Received letter of intent.

Brazil

Petrobras

9/06/2009

3/31/2010

299-301

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

Brazil

Petrobras

4/01/2010

8/29/2010

89-91

Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.

Brazil

Petrobras

8/30/2010

1/23/2016

299-301

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

Noble Muravlenko

Gusto Engineering Pelican Class

1982/1997

4,900’-DP

Brazil

Petrobras

3/18/2007

2/03/2009

119-121

Eligible for a maximum 15% performance bonus.

Brazil

Shipyard

2/04/2009

3/26/2009

Brazil

Petrobras

3/27/2009

10/31/2010

289-291

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

Brazil

Petrobras

11/01/2010

3/31/2011

89-91

Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection.

Brazil

Petrobras

4/01/2011

8/14/2015

289-291

Received Memorandum of Understanding. Eligible for a maximum of 15% performance bonus.

North Sea Semisubmersible (1)

Noble Ton van Langeveld

Offshore Co. SCP III Mark 2

1979/2000

1,500'

United Kingdom

Venture

6/30/2008

6/29/2009

359-361

United Kingdom

Venture

6/30/2009

6/30/2010

379-381

Plus a six month priced option at a dayrate of $380k to be declared before 12/31/2009.

North Sea Jackups (8)

Noble Hans Deul

F&G JU-2000E

2008

400'-IC

Dalian, China - DSIC

Shipyard

11/07/2008

In-transit

Shell

11/08/2008

1/02/2009

34-36

Commissioning

Shipyard

1/03/2009

2/05/2009

Contract preparation.

United Kingdom

Shell

2/06/2009

2/05/2011

127-129

Noble Julie Robertson

Baker Marine Europe Class

1981/2001

390'-IC (e)

United Kingdom

Venture

9/15/2008

9/14/2009

197-199

United Kingdom

Venture

9/15/2009

9/14/2010

211-213

Noble Al White

CFEM T-2005-C

1982/2005

360’-IC

Netherlands

Total

10/08/2008

10/07/2009

207-209

Noble Byron Welliver

CFEM T-2005-C

1982

300’-IC

Denmark

Maersk

9/04/2008

9/03/2009

209-211

Denmark

Maersk - Option

9/04/2009

9/03/2010

219-221

Priced option.

Noble Lynda Bossler

MSC/CJ-46

1982

250’-IC

Netherlands

Cirrus Energy

9/02/2008

3/01/2009

219-221

Netherlands

Wintershall

3/02/2009

8/01/2009

219-221

Netherlands

Cirrus Energy

8/02/2009

10/01/2009

219-221

Noble Piet van Ede

MSC/CJ-46

1982

250’-IC

Netherlands

Gaz de France

1/01/2009

12/31/2009

211-213

Noble Ronald Hoope

MSC/CJ-46

1982

250’-IC

United Kingdom

Gaz de France

1/01/2009

12/31/2009

211-213

Noble George Sauvageau

NAM Nedlloyd-C

1981

250’-IC

Netherlands

Wintershall

1/01/2009

12/31/2009

219-221

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

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 03, 2009

Approximate actual and estimated unpaid down time days *

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

FULL CONTRACT DAYRATE ($000)

COMMENTS

1Q-09

2Q-09

3Q-09

4Q-09

West AfricaSemisubmersible (1) (c )

Noble Homer Ferrington

F&G 9500 Enhanced Pacesetter

1985/2004

6,000'

Cote d'lvoire

CNR International

4/14/2008

4/13/2009

433-435

Libya

ExxonMobil

4/14/2009

4/13/2012

504-506

West AfricaJackups (5) (c )

Noble Percy Johns

F&G L-780 MOD II

1981/1995

300’-IC

Nigeria

ExxonMobil

3/28/2007

3/27/2009

170-171

Nigeria

ExxonMobil

3/28/2009

3/27/2010

182-184

Noble Tommy Craighead

F&G L-780 MOD II

1982/2003

300’-IC

Nigeria

Addax

1/18/2007

2/02/2009

170-171

Cameroon

Shipyard

2/03/2009

Available

Noble Ed Noble

MLT Class 82-SD-C

1984/2003

250’-IC

Nigeria

ExxonMobil

9/03/2008

7/02/2009

172-174

Noble Lloyd Noble

MLT Class 82-SD-C

1983/1990

250’-IC

Nigeria

Chevron

8/18/2008

1/31/2009

159-161

Cameroon

Shipyard

2/01/2009

Available

Noble Don Walker

Baker Marine BMC 150-SD

1982/1992

150’-IC

Benin

Sapetro

12/15/2008

3/10/2009

147-149

Cameroon

Shipyard

3/11/2009

Available

Arabian Gulf Jackups (14) (c )

Noble Roger Lewis

F&G JU-2000E

2007

400'-IC

Qatar

Shell

2/03/2008

2/02/2010

104-106

Noble Jimmy Puckett

F&G L-780 MOD II

1982/2002

300'-IC

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

8/01/2008

6/07/2009

194-196

Qatar

QatarGas 3 & 4

6/08/2009

3/31/2010

162-163

Received contract customer projects length is +/- 10 months, however, contract is subject to a 90-day notice of cancellation or extension.

Noble Gus Androes

Levingston Class 111-C

1982/2004

300'-IC

UAE (Abu Dhabi)

Total ABK - Extension

10/01/2008

3/31/2009

98-100

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

3/25/2008

4/04/2009

98-100

Noble Mark Burns

Levingston Class 111-C

1980/2005

300'-IC

UAE (Dubai)

Dubai Petroleum

10/12/2007

10/11/2009

Rate withheld at request of operator.

Noble Roy Rhodes

MLT Class 116-C

1979

300’-IC (g)

UAE (Dubai)

Dubai Petroleum

3/06/2008

3/06/2009

Rate withheld at request of operator.

UAE (Sharjah)

Shipyard

3/07/2009

8/07/2009

Upgrades and regulatory inspection.

Noble Cees van Diemen

Modec 300C-38

1981/2004

300'-IC

Qatar

RasGas

9/23/2004

1/08/2009

59-61

UAE (Sharjah)

Shipyard

1/09/2009

3/01/2009

Qatar

Anadarko

3/02/2009

5/10/2009

169-171

Noble David Tinsley

Modec 300C-38

1981/2004

300'-IC

Qatar

RasGas

12/01/2008

3/10/2009

159 -161

UAE (Sharjah)

Shipyard

3/11/2009

5/12/2009

Upgrades and regulatory inspection.

Noble Gene House

Modec 300C-38

1981/1998

300'-IC

Qatar

QatarGas 3 & 4

1/01/2009

5/08/2009

162-163

Received contract customer projects length is +/- 10 months, however, contract is subject to a 90-day notice of cancellation or extension.

UAE (Sharjah)

Shipyard

5/08/2009

7/10/2009

Upgrades and regulatory inspection.

Noble Charles Copeland

MLT Class 82-SD-C

1979/2001

280’-IC

Qatar

RasGas

3/01/2008

2/14/2009

87-89

UAE (Hamriyah)

Shipyard

2/15/2009

4/15/2009

Upgrades and regulatory inspection.

Noble Chuck Syring

MLT Class 82-C

1976/1996

250’-IC

Qatar

Maersk

11/12/2007

11/11/2009

162-163

Dhabi II

Baker Marine BMC 150

1982/2006

150'-IC

UAE (Abu Dhabi)

ADOC

7/15/2008

7/14/2011

91-93

Noble Dick Favor

Baker Marine BMC 150

1982/2004

150’-IC

UAE (Sharjah)

Shipyard

10/21/2008

Available

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

NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - March 03, 2009

Approximate actual and estimated unpaid down time days *

RIG

RIG DESIGN

YEAR BUILT / REBUILT

WATER DEPTH

LOCATION

OPERATOR

ESTIMATED CONTRACT START DATE

ESTIMATED CONTRACT EXPIRATION DATE

FULL CONTRACT DAYRATE ($000)

COMMENTS

1Q-09

2Q-09

3Q-09

4Q-09

India Jackups (3) (c, d)

Noble Ed Holt

Levingston Class 111-C

1981/2003

300’-IC

India

Jindal/ONGC

1/15/2007

9/30/2009

82-83

Rig bareboat chartered to Jindal which is contracted with ONGC.

Noble George McLeod

F&G L-780 MOD II

1981/1995

300’-IC

In-transit

Jindal/ONGC

12/18/2008

1/04/2009

Anticipate lump sum fee will offset mobilization costs.

India

Jindal/ONGC

1/05/2009

1/04/2012

132-134

Rig bareboat chartered to Jindal which is contracted with ONGC.

Noble Charlie Yester

MLT Class 116-C

1980

300’-IC

India

Jindal/ONGC

1/30/2007

1/29/2010

130-131

Rig bareboat chartered to Jindal which is contracted with ONGC.

Far EastSemisubmersibles(2)

Noble Danny Adkins - Newbuild

Bingo 9000

1999/2009

12,000'-DP

Singapore - Jurong

Shipyard

7/15/2009

In-transit & acceptance testing

Shell

7/16/2009

11/15/2009

424-426

The Noble Danny Adkins must be delivered from the shipyard by July 30, 2009 or the customer has the right to terminate the contract.

US GOM

Shell

11/16/2009

11/15/2013

446-448

Noble Jim Day - Newbuild

Bingo 9000

1999/2009

12,000'-DP

Singapore - Jurong

Shipyard

12/15/2009

In-transit & acceptance testing

Marathon

12/16/2009

3/31/2010

Lump sum fee will offset mobilization costs. The drilling contract for the Noble Jim Day contains a termination right in the even the rig is not ready to commence operations by December 31, 2010.

US GOM

Marathon

4/01/2010

3/31/2014

514-516

Far EastDrillship (1)

Globetrotter - Newbuild

Globetrotter Class

2011

10,000'-DP

Dalian, China - STX / Netherlands - Huisman

Shipyard

9/30/2011

NE has secured priced options for three additional drillships.

In-transit & acceptance testing

TBA

10/01/2011

12/31/2011

TBA

1/01/2012

TBA

Available.

Far EastJackups (1)

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

44-46

The Noble Scott Marks must be provided by September 30, 2009 or our customer has the right to terminate the contract.

North Sea

Venture

9/01/2009

8/31/2011

209-211

450

178

197

137

102

2009 Total (includes: shipyard, stacked, and downtime days. Does not include cold-stacked Noble Fri Rodli.)

1064

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

(b)	Rig utilizes the Aluminum Alloy Riser technology.

(c)

In various market segments, 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.

(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.

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

(h)	Noble's submersible rig, Noble Fri Rodli, is currently cold-stacked.

* A = Actual approximate 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.

Noble 8-KRegulation FD Disclosure