Exhibit 99.1
| NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 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 | 3Q-09 | 3Q-09 | 4Q-09 | |||||
| A | E | E | |||||||||||||||
| 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) | |||||||||||||||||
| E | E | E | |||||||||||||||
| Noble Clyde Boudreaux (a, b) | F&G 9500 Enhanced Pacesetter | 1987/2007 | 10,000' | US GOM | Shell | 6/28/2009 | 09/27/2009 | 604-606 | 18 | ||||||||
| US GOM | Shell | 9/28/2009 | 11/11/2009 | 244-246 | |||||||||||||
| US GOM | Noble Energy | 11/12/2009 | 11/11/2011 | 604-606 | |||||||||||||
| Noble Amos Runner (a) | Noble EVA 4000™ | 1982/1999 | 8,000' | US GOM | Anadarko | 4/25/2008 | 3/08/2011 | 439-441 | |||||||||
| Noble Jim Thompson (a) | Noble EVA 4000™ | 1984/1999 | 6,000' | US GOM | Shell | 3/02/2009 | 3/01/2011 | 504-506 | |||||||||
| Noble Paul Romano (a) | Noble EVA 4000™ | 1981/1998 | 6,000' | US GOM | Marathon | 2/17/2009 | 2/16/2010 | 481-483 | Operator has indicated that they expect to extend the contract up to +/- 120 days. | 9 | |||||||
| 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 (2) | |||||||||||||||||
| Noble Joe Alford | Pace Marine 85G | 1982/2006 | 70’-C | US GOM | Mariner | 3/14/2009 | 9/13/2009 | 67-69 | |||||||||
| Noble Lester Pettus | Pace Marine 85G | 1982/2007 | 70’-C | US GOM | Shipyard | 6/10/2009 | - | Cold Stacked. | 57 | 34 | 92 | ||||||
| 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 | 2 | ||||||||
| Mexico Jackups (12) (c, d) | |||||||||||||||||
| Noble Bill Jennings | MLT Class 84-E.R.C. | 1975/1997 | 390’-IC | Bay of Campeche | Pemex | 6/18/2009 | 6/17/2010 | 121-123 | This contract commenced 6/18/2008. This contract reprices every three months based on an index of jackup rates in seven international regions. On 6/18/2009, the contract repriced at a new dayrate of $121k-$123k. The next date on which the contract is expected to reprice is 9/18/2009. | ||||||||
| 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 | 16 | ||||||||
| 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) | Bay of Campeche | Pemex | 3/06/2009 | 4/23/2010 | 167-169 | |||||||||
| 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 | 10 | ||||||||
| 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 | 6/18/2009 | 1/31/2010 | 122-124 | This contract commenced 6/18/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. On 6/18/2009, the contract repriced at a new dayrate of $122k-$124k. The next date on which the contract is expected to reprice is 9/18/2009. | ||||||||
| 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 | 4/13/2009 | 7/12/2009 | 121-123 | This contract commenced 7/13/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. During the period from 4/13/2009 until 7/12/2009, the rate was fixed at a dayrate of $121k-$123k. | 21 | |||||||
| Bay of Campeche | Pemex | 7/13/2009 | 8/25/2010 | 104-106 | On 7/13/2009, the contract repriced at a new dayrate of $104k-$106k. The next date on which the contract is expected to reprice is 10/13/2009. | ||||||||||||
| Noble Tom Jobe | MLT Class 82-SD-C | 1982 | 250’-IC | Bay of Campeche | Pemex | 5/07/2009 | 08/06/2009 | 132-134 | This contract commenced 8/07/2008. The contract reprices every three months based on an index of jackup rates in seven international regions. During the period of 5/07/2009 until 8/06/2009, the rate was fixed at a dayrate of $132k-$134k. | 1 | |||||||
| Bay of Campeche | Pemex | 08/07/2009 | 12/06/2011 | 108-110 | On 8/07/2009, the contract repriced at a new dayrate of $108k -110k. The next date on which the contract is expected to reprice is 11/07/2009. | ||||||||||||
| Noble Carl Norberg | MLT Class 82-C | 1976/2003 | 250'-IC | Bay of Campeche | Pemex | 3/02/2009 | 9/01/2009 | 154-156 | This 731 day contract is fixed at a dayrate of $154k-$156k until 9/01/2009, after which the contract reprices every three months based on an index of jackup rates in seven international regions. | ||||||||
| Bay of Campeche | Pemex | 9/02/2009 | 3/02/2011 | 108-110 | On 9/02/2009, the contract will reprice at a new dayrate of $108k-$110k. The next date on which the contract is expected to reprice is 12/02/2009. | ||||||||||||
| Changes from last Fleet Status Report denoted by Red, Bold, Underlined type. | |||||||||||||||||
Page 1 of 4
| NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 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 | 3Q-09 | 3Q-09 | 4Q-09 | |||||
| A | E | E | |||||||||||||||
| 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. | |||||||||||||||||
| Brazil Semisubmersibles (3) (c ) | |||||||||||||||||
| Noble Dave Beard - Newbuild | F&G 9500 Enhanced Pacesetter | 1986/2008 | 10,000'-DP | Customs/testing | Shipyard | 3/29/2009 | 12/31/2009 | - | We have reached an agreement with Petrobras regarding late delivery penalties on the unit. Under the terms of the agreement, Noble will provide additional capital equipment on the unit for Petrobras’ use. In exchange, the delivery date for the unit has been reset to October 24, 2009. Since the unit is expected to begin work under the contract at the end of 2009, the Company may still incur a penalty. Also, Petrobras retains a right to cancel the contract if the rig is not delivered by January 22, 2010. Installing thrusters, commissioning dynamic positioning and drilling systems. | ||||||||
| Brazil | Petrobras | 1/01/2010 | 12/31/2014 | 219-221 | Eligible for a maximum 15% bonus. | ||||||||||||
| Noble Paul Wolff | Noble EVA 4000™ | 1981/1999/ 2006 | 9,200'-DP | Brazil | Shipyard | 6/04/2009 | 7/15/2009 | - | Regulatory inspection. | 15 | |||||||
| Brazil | Petrobras | 7/16/2009 | 11/03/2009 | 163-165 | Eligible for a maximum 20% performance bonus. | ||||||||||||
| Brazil | Petrobras | 11/04/2009 | 11/03/2014 | 427-429 | 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 | Eligible for a maximum 10% performance bonus. | ||||||||||||
| Brazil Drillships (3) (c ) | |||||||||||||||||
| Noble Roger Eason (b) | NAM Nedlloyd-C | 1977/2005 | 7,200'-DP | Brazil | Petrobras | 6/08/2009 | 3/14/2010 | 136-138 | Eligible for a maximum 15% performance bonus. | ||||||||
| Brazil | Petrobras | 3/15/2010 | 11/29/2011 | 346-348 | Eligible for a maximum of 15% performance bonus. | 9 | |||||||||||
| Brazil | Petrobras | 11/30/2011 | 4/28/2012 | 89-91 | Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection. | ||||||||||||
| Brazil | Petrobras | 4/29/2012 | 8/12/2016 | 346-348 | Eligible for a maximum of 15% performance bonus. | ||||||||||||
| Noble Leo Segerius (b) | Gusto Engineering Pelican Class | 1981/2002 | 5,600’-DP | Brazil | Petrobras | 6/27/2009 | 10/30/2010 | 300-302 | Eligible for a maximum of 15% performance bonus. | 8 | |||||||
| Brazil | Petrobras | 10/31/2010 | 3/30/2011 | 89-91 | Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection. | ||||||||||||
| Brazil | Petrobras | 3/31/2011 | 1/23/2016 | 300-302 | Eligible for a maximum of 15% performance bonus. | ||||||||||||
| Noble Muravlenko | Gusto Engineering Pelican Class | 1982/1997 | 4,900’-DP | Brazil | Petrobras | 5/21/2009 | 6/29/2011 | 289-291 | Eligible for a maximum of 15% performance bonus. | 1 | |||||||
| Brazil | Petrobras | 6/30/2011 | 11/27/2011 | 89-91 | Anticipate to enter the shipyard for +/- 150 days for rig modifications and regulatory inspection. | ||||||||||||
| Brazil | Petrobras | 11/28/2011 | 8/14/2015 | 289-291 | 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 | 6/30/2009 | 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/Mediterranean Semisubmersible (1) | |||||||||||||||||
| Noble Homer Ferrington | F&G 9500 Enhanced Pacesetter | 1985/2004 | 7,200 | Malta/Libya | ExxonMobil | 4/18/2009 | 4/17/2012 | 536-538 | Uplift in dayrate for operations in Libya from contract dayrate of $505k-$507k per day included. | 6 | |||||||
North Sea Jackups (9) | |||||||||||||||||
| Noble Hans Deul | F&G JU-2000E | 2008 | 400'-IC | Netherlands | Shell | 2/06/2009 | 2/05/2011 | 127-129 | 5 | ||||||||
| Noble Scott Marks | F&G JU-2000E | 2009 | 400'-IC | In-transit/ Rotterdam | Venture | 6/25/2009 | 9/06/2009 | 44-46 | The Noble Scott Marks arrived in Rotterdam 8/19/2009 for final outfitting. | ||||||||
| North Sea | Venture | 9/07/2009 | 9/06/2011 | 212-214 | Dayrate includes cost escalation adjustments. | ||||||||||||
| Noble Julie Robertson | Baker Marine Europe Class | 1981/2001 | 390'-IC (e) | United Kingdom | Venture | 9/15/2008 | 9/14/2009 | 197-199 | 4 | ||||||||
| 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 | 8/11/2009 | 209-211 | |||||||||
| Denmark (Esbjerg) | Shipyard | 8/12/2009 | 9/30/2009 | - | Upgrades and repairs | 15 | 34 | ||||||||||
| Noble Lynda Bossler | MSC/CJ-46 | 1982 | 250’-IC | 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 | 8/23/2009 | 211-213 | |||||||||
| Netherlands | Gaz de France | 8/24/2009 | 5/10/2010 | 151-153 | Three well extention; estimated time to complete all three wells is +/-260 days. | ||||||||||||
| Netherlands | Gaz de France | 5/11/2010 | 10/07/2010 | 108-110 | Two well extention; estimated time to complete wells is +/- 150 days. | ||||||||||||
| Noble Ronald Hoope | MSC/CJ-46 | 1982 | 250’-IC | Netherlands | 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 | |||||||||
| Netherlands | Wintershall | 1/01/2010 | 12/31/2010 | 117-119 | |||||||||||||
| Changes from last Fleet Status Report denoted by Red, Bold, Underlined type. | |||||||||||||||||
Page 2 of 4
| NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 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 | 3Q-09 | 3Q-09 | 4Q-09 | |||||
| A | E | E | |||||||||||||||
| 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. | |||||||||||||||||
| West Africa Jackups (5) (c ) | |||||||||||||||||
| Noble Percy Johns | F&G L-780 MOD II | 1981/1995 | 300’-IC | Nigeria | ExxonMobil | 3/28/2009 | 3/27/2010 | 182-184 | |||||||||
| Noble Tommy Craighead | F&G L-780 MOD II | 1982/2003 | 300’-IC | Cameroon | Shipyard | 5/19/2009 | 10/31/2009 | - | Available. | 57 | |||||||
| Noble Ed Noble | MLT Class 82-SD-C | 1984/2003 | 250’-IC | Nigeria | ExxonMobil | 9/03/2008 | 7/02/2009 | 172-174 | |||||||||
| Nigeria | ExxonMobil | 7/03/2009 | 1/31/2010 | 114-116 | Contract is subject to a 30-day notice of cancellation by either party. | ||||||||||||
| Noble Lloyd Noble | MLT Class 82-SD-C | 1983/1990 | 250’-IC | Cameroon | Shipyard | 5/19/2009 | - | Available. | 57 | ||||||||
| Noble Don Walker | Baker Marine BMC 150-SD | 1982/1992 | 150’-IC | Cameroon | Shipyard | 3/11/2009 | - | Available. | 57 | ||||||||
| 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 | 6/19/2009 | 4/15/2010 | 59-61 | |||||||||
| RasGas - Options | 4/16/2010 | TBA | 65-73 | Exercised one well @ $65k-$67k (1st of nine option wells). Remaining options but not yet exercised: Eight 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 | 6/08/2009 | 3/31/2010 | 162-164 | 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 (Hamriyah) | Shipyard | 4/30/2009 | 8/10/2009 | - | Available. | ||||||||
| Qatar | Maersk Oil Qatar | 8/11/2009 | 8/10/2010 | 51-53 | Rig substitution for Noble David Tinsley contract; rig to serve as an accommodation. Contract is for a minimum of eight months firm and is subject to a four month cancellation notice. | 41 | |||||||||||
| Noble Harvey Duhaney | Levingston Class 111-C | 1976/2001 | 300'-IC | Qatar | Total | 4/05/2009 | 4/04/2010 | 84-86 | Contract is subject to a 60-day notice of cancellation. | ||||||||
| 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. | ||||||||
| UAE (Dubai) | Dubai Petroleum | 10/12/2009 | 10/12/2011 | # | Received Letter of Intent. Rate withheld at request of operator. | ||||||||||||
| Noble Roy Rhodes | MLT Class 116-C | 1979 | 300’-IC (g) | UAE (Sharjah) | Shipyard | 4/16/2009 | 10/01/2009 | - | Upgrades and regulatory inspection. | 57 | 35 | ||||||
| Noble Cees van Diemen | Modec 300C-38 | 1981/2004 | 300'-IC | UAE (Hamriyah) | Shipyard | 5/14/2009 | - | Available. | 57 | ||||||||
| Noble David Tinsley | Modec 300C-38 | 1981/2004 | 300'-IC | UAE (Hamriyah) | Shipyard | 5/09/2009 | 7/13/2010 | - | Estimated timing for leg repair/replacement. | 57 | 35 | 92 | |||||
| Noble Gene House | Modec 300C-38 | 1981/1998 | 300'-IC | Qatar | Maersk Oil Qatar | 5/21/2009 | 2/19/2010 | 47-49 | Received Contract for rig to serve as an accommodation. Contract is for a minimum of six months firm and is subject to a three month cancellation notice. | ||||||||
| Noble Charles Copeland | MLT Class 82-SD-C | 1979/2001 | 280’-IC | UAE (Hamriyah) | Shipyard | 6/16/2009 | 7/27/2009 | - | 27 | ||||||||
| Qatar | RasGas | 7/28/2009 | 10/06/2009 | 47-49 | Received contract for rig to serve as an accommodation. | ||||||||||||
| Noble Chuck Syring | MLT Class 82-C | 1976/1996 | 250’-IC | Qatar | Maersk | 11/12/2007 | 11/11/2009 | 162-163 | 50 | ||||||||
| 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. | 57 | ||||||||
| Changes from last Fleet Status Report denoted by Red, Bold, Underlined type. | |||||||||||||||||
Page 3 of 4
| NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - August 27, 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 | 3Q-09 | 3Q-09 | 4Q-09 | |||||
| A | E | E | |||||||||||||||
| 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. | |||||||||||||||||
| 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. | 31 | |||||||
| Noble George McLeod | F&G L-780 MOD II | 1981/1995 | 300’-IC | 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 East Semisubmersibles (2) | |||||||||||||||||
| Noble Danny Adkins - Newbuild | Bingo 9000 | 1999/2009 | 12,000'-DP | Singapore - Jurong | Shipyard | 9/30/2009 | - | ||||||||||
| In-transit & acceptance testing | Shell | 10/01/2009 | 1/31/2010 | 424-426 | We have reached an agreement with Shell that modifies our contract such that the unit must be delivered from the shipyard by January 1, 2010 or the customer has the right to terminate the contract. There are no changes to the financial terms of the contract. The rig is expected to experience approximately 21 days of downtime in 1Q 2010 for contract preparation. | ||||||||||||
| US GOM | Shell | 2/01/2010 | 10/31/2013 | 446-448 | |||||||||||||
| Noble Jim Day - Newbuild | Bingo 9000 | 1999/2009 | 12,000'-DP | Singapore - Jurong | Shipyard | 4/30/2010 | - | ||||||||||
| In-transit & acceptance testing | Marathon | 5/01/2010 | 8/14/2010 | - | Lump sum fee will offset mobilization costs. The drilling contract for the Noble Jim Day contains a termination right in the event the rig is not ready to commence operations by December 31, 2010. | ||||||||||||
| US GOM | Marathon | 8/15/2010 | 8/14/2014 | 514-516 | |||||||||||||
| Far East Drillship (1) | |||||||||||||||||
| Globetrotter - Newbuild | Globetrotter Class | 2011 | 10,000'-DP | Dalian, China - STX / Netherlands - Huisman | Shipyard | 9/30/2011 | - | ||||||||||
| In-transit & acceptance testing | TBA | 10/01/2011 | 12/31/2011 | ||||||||||||||
| TBA | TBA | 1/01/2012 | TBA | TBA | Available. | ||||||||||||
| 627 | 144 | 296 | |||||||||||||||
| (a) | Unit has been upgraded to the NC-5SM mooring standard. | �� | |||||||||||||||
| (b) | Rig utilizes the Aluminum Alloy Riser technology. | 2009 Total (includes: shipyard, stacked, and downtime days.) | 2760 | ||||||||||||||
| (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. | ||||||||||||||||
| * | 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. | |||||||||||||||||
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