| NOBLE CORPORATION AND SUBSIDIARIES FLEET STATUS REPORT - January 28, 2010 | | | | | . | | 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 | 4Q-09 | 1Q-10 | 1Q-10 | 2Q-10 | 3Q-10 | 4Q-10 |
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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. |
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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. |
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| Brazil Semisubmersibles (3) (c ) | | | | | | | | | | | | | | | | | |
| Noble Dave Beard - Newbuild | F&G 9500 Enhanced Pacesetter | 1986/2008 | 10,000'-DP | Customs/testing | | Shipyard | 3/29/2009 | | 2/27/2010 | | - | Our agreement with Petrobras regarding late delivery penalties on the unit has been modified to reflect an August 11, 2009 delivery date. The rig is currently undergoing acceptance testing. Until accepted, Petrobras will have the right to cancel this contract. | | | | | | |
| | | | | Brazil | | Petrobras | 2/28/2010 | | 2/27/2015 | | 219-221 | Eligible for a maximum 15% bonus. | | | | | | |
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| Noble Paul Wolff | Noble EVA 4000™ | 1981/1999/ 2006 | 9,200'-DP | Brazil | | Petrobras | 11/04/2009 | | 11/03/2014 | | 427-429 | Eligible for a maximum 15% performance bonus. | 12 | | | | | |
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| 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. | 4 | | | | | |
| | | | | Brazil | | Petrobras | 10/18/2010 | | 10/17/2015 | | 269-271 | Eligible for a maximum 10% performance bonus. | | | | | | |
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| 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. | 2 | | | | | |
| | | | | Brazil | | Petrobras | 3/15/2010 | | 2/21/2012 | | 346-348 | Eligible for a maximum of 15% performance bonus. | | | | 39 | | |
| | | | | Brazil | | Petrobras | 2/22/2012 | | 10/19/2012 | | 89-91 | Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k. | | | | | | |
| | | | | Brazil | | Petrobras | 10/20/2012 | | 8/12/2016 | | 346-348 | Eligible for a maximum of 15% performance bonus. | | | | | | |
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| Noble Leo Segerius (b) | Gusto Engineering Pelican Class | 1981/2002 | 5,600’-DP | Brazil | | Petrobras | 6/27/2009 | | 3/07/2011 | | 300-302 | Eligible for a maximum of 15% performance bonus. | 2 | | | | | |
| | | | | Brazil | | Petrobras | 3/08/2011 | | 11/03/2011 | | 89-91 | Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k. | | | | | | 40 |
| | | | | Brazil | | Petrobras | 11/04/2011 | | 1/23/2016 | | 300-302 | Eligible for a maximum of 15% performance bonus. | | | | | | |
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| Noble Muravlenko | Gusto Engineering Pelican Class | 1982/1997 | 4,900’-DP | Brazil | | Petrobras | 5/21/2009 | | 2/11/2013 | | 289-291 | Eligible for a maximum of 15% performance bonus. | 2 | | | | | |
| | | | | Brazil | | Petrobras | 2/12/2013 | | 10/10/2013 | | 89-91 | Anticipate entering the shipyard for +/- 240 days for rig modifications, regulatory inspection, and sea trials, of which 150 days are expected to be paid at a dayrate of $89k-$91k. | | | | | | |
| | | | | Brazil | | Petrobras | 10/11/2013 | | 8/14/2015 | | 289-291 | Eligible for a maximum of 15% performance bonus. | | | | | | |
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| North Sea Semisubmersible (1) | | | | | | | | | | | | | | | | | |
| Noble Ton van Langeveld | Offshore Co. SCP III Mark 2 | 1979/2000 | 1,500' | United Kingdom | | Centrica/Maersk | 6/30/2009 | | 6/29/2010 | | 379-381 | | | | | | | |
| | | | | United Kingdom | | Centrica/Maersk | 6/30/2010 | | 8/14/2010 | | 246-248 | Plus a two well priced option; estimated time to complete each well is +/- 60 days. | | | | | | |
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| North Sea/Mediterranean Semisubmersible (1) | | | | | | | | | | | | | | | | | |
| Noble Homer Ferrington | F&G 9500 Enhanced Pacesetter | 1985/2004 | 7,200 | 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. | | | | | | |
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| North Sea Jackups (9) | | | | | | | | | | | | | | | | | | |
| Noble Hans Deul | F&G JU-2000E | 2009 | 400'-IC | Netherlands | | Shell | 2/06/2009 | | 2/05/2011 | | 127-129 | | | | | | | |
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| Noble Scott Marks | F&G JU-2000E | 2009 | 400'-IC | United Kingdom | | Centrica | 9/07/2009 | | 9/06/2011 | | 212-214 | Dayrate includes cost escalation adjustments. | 9 | | | | | |
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| Noble Julie Robertson | Baker Marine Europe Class | 1981/2001 | 390'-IC (e) | United Kingdom | | Centrica | 9/15/2009 | | 9/14/2010 | | 211-213 | | | | | | | |
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| Noble Al White | CFEM T-2005-C | 1982/2005 | 360’-IC | Netherlands | | Total | 12/03/2009 | | 6/03/2011 | | 111-113 | Plus a six month priced option. | 63 | | | | | |
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| Noble Byron Welliver | CFEM T-2005-C | 1982 | 300’-IC | Denmark (Esbjerg) | | Shipyard | 8/12/2009 | | 2/28/2010 | | - | Upgrades and repairs, then available. | | | | | | |
| | | | | United Kingdom | | ATP | 3/01/2010 | | 08/01/2010 | | 85-87 | Received letter of award. | 92 | 28 | 31 | | | |
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| Noble Lynda Bossler | MSC/CJ-46 | 1982 | 250’-IC | Netherlands | | Cirrus Energy | 12/15/2009 | | 1/22/2010 | | 88-90 | | | | | | | |
| | | | | Netherlands | | Wintershall | 1/23/2010 | | 2/13/2010 | | 94-96 | | | | | | | |
| | | | | Netherlands | | Shipyard | 2/14/2010 | | 4/18/2010 | | - | | | | 54 | 18 | | |
| | | | | Netherlands | | Cirrus Energy | 4/19/2010 | | 8/19/2010 | | 88-90 | Plus a +/- 120 day priced option. | | | | | | |
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| Noble Piet van Ede | MSC/CJ-46 | 1982 | 250’-IC | Netherlands | | Gaz de France | 8/24/2009 | | 5/10/2010 | | 151-153 | Three well extension; estimated time to complete all three wells is +/-260 days. | | | | 30 | | |
| | | | | Netherlands | | Gaz de France | 5/11/2010 | | 10/07/2010 | | 108-110 | Two well extension; estimated time to complete wells is +/- 150 days. | | | | | | |
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| Noble Ronald Hoope | MSC/CJ-46 | 1982 | 250’-IC | Netherlands | | Gaz de France | 1/01/2009 | | 2/15/2010 | | 211-213 | | | | | | | |
| | | | | Netherlands | | Gaz de France | 2/16/2010 | | 7/15/2010 | | 92-94 | Plus two priced option wells; estimated time to complete each well is +/- 60 days. | | | | | | |
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| Noble George Sauvageau | NAM Nedlloyd-C | 1981 | 250’-IC | Germany | | Wintershall | 1/01/2010 | | 12/31/2010 | | 117-119 | | | | | | | |
| Changes from last Fleet Status Report denoted by Red, Bold, Underlined type. |