ROWAN COMPANIES, INC. | ||||||||||||
LAND RIG FLEET AND CONTRACT STATUS | ||||||||||||
As of August 17, 2006 | ||||||||||||
ONSHORE RIGS (a) | ||||||||||||
| Maximum | Contract Status | |||||||||||
| Horsepower | Drilling | Estimated | ||||||||||
| Name | Type | Drawworks | Mud Pumps | Depth (feet) | Location | Customer | Duration (c) | |||||
| Rig 9 | Diesel electric | 2,000 | 3,200 | 20,000 | Louisiana | Anadarko | January 2007 | |||||
| Rig 12 (b) | SCR diesel electric | 1,500 | 2,600 | 18,000 | Texas | Cimarex | January 2007 | |||||
| Rig 14 (b) | AC electric | 3,000 | 3,200 | 35,000 | Texas | Newfield | November 2006 | |||||
| Rig 15 (b) | AC electric | 3,000 | 3,200 | 35,000 | Texas | Pogo | October 2006 | |||||
| Louisiana | McMoran | February 2007 | ||||||||||
| Rig 18 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Anadarko | January 2007 | |||||
| Rig 26 (b) | SCR diesel electric | 2,000 | 4,800 | 25,000 | Texas | Noble Energy | September 2006 | |||||
| Rig 29 | Mechanical | 1,500 | 2,600 | 18,000 | Louisiana | Anadarko | March 2007 | |||||
| Rig 30 (b) | AC electric | 2,000 | 2,600 | 20,000 | Louisiana | Centurion | January 2007 | |||||
| Rig 31 (b) | SCR diesel electric | 3,000 | 4,400 | 35,000 | Louisiana | Noble Energy | April 2007 | |||||
| Rig 33 (b) | SCR diesel electric | 1,500 | 3,200 | 18,000 | Texas | Devon | June 2009 | |||||
| Rig 34 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Anadarko | January 2007 | |||||
| Rig 35 | SCR diesel electric | 1,500 | 4,400 | 18,000 | Louisiana | Anadarko | January 2007 | |||||
| Rig 41 (b) | SCR diesel electric | 2,000 | 3,200 | 25,000 | Texas | Newfield | April 2007 | |||||
| Rig 51 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Louisiana | McMoRan | September 2006 | |||||
| Rig 52 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Newfield | October 2006 | |||||
| Rig 53 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Oklahoma | Marathon | October 2006 | |||||
| Rig 54 (b) | SCR diesel electric | 2,000 | 4,400 | 25,000 | Texas | Newfield | May 2007 | |||||
| Rig 59 (b) | AC electric | 2,000 | 3,200 | 25,000 | Louisiana | Dominion | June 2008 | |||||
| Rig 60 (b) | AC electric | 2,000 | 3,200 | 25,000 | Texas | Anadarko | July 2008 | |||||
| Rig 61 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Anadarko | 3rdQ 2008 | |||||
| Rig 62 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Anadarko | 3rdQ 2008 | |||||
| Rig 63 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Anadarko | 3rdQ 2008 | |||||
| Rig 64 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Cabot | 4thQ 2008 | |||||
| Rig 65 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Pioneer | 4thQ 2009 | |||||
| Rig 66 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | PetroQuest | 4thQ 2009 | |||||
| Rig 67 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Burlington | 4thQ 2009 | |||||
| Rig 68 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Pioneer | 4thQ 2009 | |||||
| Rig 69 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | Anadarko | 4thQ 2009 | |||||
| Rig 70 (b) | AC electric | 2,000 | 3,200 | 25,000 | TBD | TBD | TBD | |||||
| (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. Rowan expects construction of rigs 61 - 70 to be completed |
| during 2006. |
| (b) Unit equipped with a top-drive drilling system. |
| (c) Indicates estimated completion date of work to be performed and excludes any downtime required for rig inspections or maintenance. |
| Current contracted day rates range from $18,000 to $35,000. |
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. |
