EXHIBIT 99.1
ROWAN COMPANIES, INC. | ||||||||||||||||
OFFSHORE RIG FLEET AND CONTRACT STATUS | ||||||||||||||||
As of March 21, 2006 | ||||||||||||||||
OFFSHORE RIGS | ||||||||||||||||
Contract Status | ||||||||||||||||
Depth (feet) (b) | Year in | Day Rate | Estimated | |||||||||||||
Name | Class (a) | Water | Drilling | Service | Location | Customer | (in thousands) | Duration (h) | ||||||||
Cantilever Jack-up Rigs: | ||||||||||||||||
240C #2 (i) | 240-C | 400 | 35,000 | 2009 | TBD | TBD | TBD | TBD | ||||||||
240C #1 (i) | 240-C | 400 | 35,000 | 2008 | TBD | TBD | TBD | TBD | ||||||||
Tarzan IV (i) | 225-C | 300 | 35,000 | 2007 | TBD | TBD | TBD | TBD | ||||||||
Hank Boswell (i) | 225-C | 300 | 35,000 | 2006 | TBD | TBD | TBD | TBD | ||||||||
Bob Keller (c)(d) | 225-C | 300 | 35,000 | 2005 | Gulf of Mexico | El Paso | Mid 160s | July 2006 | ||||||||
El Paso | Low 170s | January 2007 | ||||||||||||||
Scooter Yeargain (c)(d) | 225-C | 300 | 35,000 | 2004 | Gulf of Mexico | ExxonMobil | Low 130s | June 2006 | ||||||||
Bob Palmer (c)(d) | 224-C | 550 | 35,000 | 2003 | Gulf of Mexico | Marathon | Low 120s | May 2006 | ||||||||
GOM Operator | Mid 210s | July 2008 | ||||||||||||||
Rowan Gorilla VII (c)(e) | 219-C | 400 | 35,000 | 2002 | North Sea | Maersk | Low 180s | August 2006 | ||||||||
Maersk | Mid 250s | August 2007 | ||||||||||||||
Rowan Gorilla VI (c)(e) | 219-C | 400 | 35,000 | 2000 | E. Canada | Husky | Low 150s | April 2006 | ||||||||
Husky | Mid 170s | May 2006 | ||||||||||||||
Husky | Low 200s | November 2006 | ||||||||||||||
North Sea | NS Operator | Mid 280s (j) | July 2007 | |||||||||||||
North Sea | NS Operator | Mid 260s (j) | February 2008 | |||||||||||||
Rowan Gorilla V (c)(e) | 219-C | 400 | 35,000 | 1998 | North Sea | Total Elf | Mid 130s | January 2007 | ||||||||
Rowan Gorilla IV (c)(d) | 200-C | 450 | 35,000 | 1986 | Gulf of Mexico | Newfield | Mid 110s | March 2006 | ||||||||
El Paso | Low 170s | May 2006 | ||||||||||||||
Rowan Gorilla III (c)(d) | 200-C | 450 | 30,000 | 1984 | Gulf of Mexico | Stone | Low 100s | May 2006 | ||||||||
Trinidad | EOG Trinidad | High 180s | August 2007 | |||||||||||||
Rowan Gorilla II (c)(d) | 200-C | 450 | 30,000 | 1984 | Gulf of Mexico | Remington | Mid 130s | March 2006 | ||||||||
Rowan-California (c) | 116-C | 300 | 30,000 | 1983 | Middle East | Saudi Aramco | Mid 110s | April 2009 | ||||||||
Cecil Provine (c)(g) | 116-C | 300 | 30,000 | 1982 | Gulf of Mexico | Apache | Low 150s | June 2006 | ||||||||
Gilbert Rowe (c)(d) | 116-C | 350 | 30,000 | 1981 | Gulf of Mexico | Newfield | Low 140s | June 2006 | ||||||||
Arch Rowan (c)(d) | 116-C | 350 | 30,000 | 1981 | Middle East | Saudi Aramco | Mid 110s | April 2009 | ||||||||
Charles Rowan (c)(d) | 116-C | 350 | 30,000 | 1981 | Middle East | Saudi Aramco | Mid 110s | April 2009 | ||||||||
Rowan-Paris (c)(d) | 116-C | 350 | 30,000 | 1980 | Gulf of Mexico | Apache | Mid 150s | September 2006 | ||||||||
Rowan-Middletown (c)(d) | 116-C | 350 | 30,000 | 1980 | Middle East | Saudi Aramco | Mid 110s | April 2009 | ||||||||
Conventional Jack-up Rigs: | ||||||||||||||||
Rowan-Juneau (c)(f) | 116 | 300 | 30,000 | 1977 | Gulf of Mexico | Newfield | Mid 90s | May 2006 | ||||||||
Newfield | Low 130s | August 2006 | ||||||||||||||
Rowan-Alaska (c)(f) | 84 | 350 | 30,000 | 1975 | Gulf of Mexico | Devon | Low 160s | November 2006 | ||||||||
Rowan-Anchorage (c) | 52 | 250 | 20,000 | 1972 | Gulf of Mexico | Remington | Mid 100s | May 2006 | ||||||||
(a) Indicated class is a number assigned by LeTourneau, Inc. to jack-ups of its design and construction. Class 200-C is a Gorilla class unit |
designed for extreme hostile environment capability. Class 219-C is a Super Gorilla class unit, an enhanced version of the Gorilla class. |
Class 224-C is a Super Gorilla XL class unit. Class 225-C is a Tarzan Class unit. Class 240-C is a 240C class unit. |
(b) Indicates rated water depth in current location and rated drilling depth |
(c) Unit equipped with a top-drive drilling system |
(d) Unit equipped with three mud pumps |
(e) Unit equipped with four mud pumps |
(f) Unit equipped with a skid base unit |
(g) Unit sold and leased back under an agreement expiring in 2008 |
(h) Indicates estimated completion date of work to be performed |
(i) Indicates units planned or currently under construction with anticipated year of completion |
(j) Reflects the contracted base day rate and is exclusive of any additional fees related to mobilization or equipment upgrades. |
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. |