ROWAN COMPANIES, INC. | ||||||||||||
LAND RIG FLEET AND CONTRACT STATUS | ||||||||||||
As of June 20, 2005 | ||||||||||||
ONSHORE RIGS (a) | ||||||||||||
Maximum | Contract Status | |||||||||||
Horsepower | Drilling | Estimated | ||||||||||
Name | Type | Drawworks | Mud Pumps | Depth (feet) | Location | Customer | Duration (c) | |||||
Rig 7 (d) | Mechanical | 2,000 | 2,600 | 18,000 | Texas | not marketed | ||||||
Rig 9 | Diesel electric | 3,000 | 3,200 | 25,000 | Louisiana | Anadarko | December 2006 | |||||
Rig 12 | Diesel electric | 2,000 | 2,600 | 18,000 | Louisiana | Range | August 2005 | |||||
Cimarex | September 2005 | |||||||||||
Rig 14 (b) | AC electric | 3,000 | 3,200 | 35,000 | Texas | Newfield | June 2005 | |||||
Rig 15 (b) | AC electric | 3,000 | 3,200 | 35,000 | Texas | Marathon | October 2005 | |||||
Rig 18 (b) | SCR diesel electric | 2,100 | 4,400 | 35,000 | Texas | Anadarko | December 2006 | |||||
Rig 26 (b) | SCR diesel electric | 2,000 | 4,800 | 25,000 | Louisiana | Noble Energy | July 2005 | |||||
Rig 29 | Mechanical | 1,500 | 2,600 | 18,000 | Louisiana | Anadarko | July 2005 | |||||
Rig 30 (b)(d) | Mechanical | 2,000 | 2,600 | 25,000 | Texas | not marketed | ||||||
Rig 31 (b) | SCR diesel electric | 3,000 | 4,400 | 35,000 | Louisiana | Noble Energy | October 2005 | |||||
Rig 33 | SCR diesel electric | 1,500 | 3,200 | 18,000 | Texas | Hunt | July 2005 | |||||
Rig 34 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Anadarko | December 2006 | |||||
Rig 35 | SCR diesel electric | 1,500 | 4,400 | 18,000 | Louisiana | Anadarko | December 2006 | |||||
Rig 41 (b) | SCR diesel electric | 2,000 | 3,200 | 25,000 | Texas | Newfield | July 2005 | |||||
Rig 51 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Louisiana | Chesapeake | July 2005 | |||||
Rig 52 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Magnum Hunter | June 2005 | |||||
Texas | Aspen | August 2005 | ||||||||||
Rig 53 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Marathon | September 2005 | |||||
Rig 54 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Newfield | July 2005 | |||||
(a) Most of the rigs were constructed at various dates between 1960 and 1982, utilizing new as well as used equipment, and have since been substantially | ||||||||||||
rebuilt. Construction of Rigs 51, 52 and 53 was completed during 2001 and Rig 54 in 2002. | ||||||||||||
(b) Unit equipped with a top-drive drilling system | ||||||||||||
(c) Indicates estimated completion date of work to be performed | ||||||||||||
(d) Rigs 7 and 30 are not being actively marketed. Rowan's investment in and ongoing costs associated with these rigs are not significant. | ||||||||||||
Note - Current contracted day rates range from $16,000 to $20,000. | ||||||||||||
Disclaimer: | ||||||||||||
ROWAN HEREBY ADVISES THAT THE TABLE SET FORTH ABOVE MAY CONTAIN INACCURATE, INCOMPLETE AND/OR INCORRECT | ||||||||||||
INFORMATION AND IS SUBJECT TO CHANGE AT ANY TIME. THE INFORMATION SHOULD NOT BE RELIED UPON FOR ANY PURPOSE, | ||||||||||||
AND ROWAN HEREBY DISCLAIMS ANY LIABILITY RELATING TO THE USE OF THE INFORMATION SET FORTH ABOVE. |
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8-K Filing
Rowan Companies Inactive 8-KOffshore Rig Fleet and Contract Status
Filed: 24 Jun 05, 12:00am