| ONSHORE RIGS | | | | | | Maximum | | | | Contract Status | | |
| | | | | Horsepower | | Drilling | | | | | | Estimated | | |
| Name | | Type | | Drawworks | Mud Pumps | | Depth (feet) | | Location | | Customer | | Duration * | | Comments |
| | | | | | | | | | | | | | | | | |
| Rig 9 | | SCR diesel electric | 2,000 | | 3,200 | | 20,000 | | Alabama | Chevron | | December 2011 | |
| Rig 12 | | SCR diesel electric | 1,500 | | 2,600 | | 18,000 | | Texas | | Choice Exploration | September 2011 | |
| Rig 14 | | AC electric | | 3,000 | | 4,800 | | 35,000 | | Louisiana | Armstrong | | November 2011 | |
| Rig 15 | | AC electric | | 3,000 | | 4,800 | | 35,000 | | Texas | | Available | | | | |
| Rig 26 | | SCR diesel electric | 2,000 | | 3,200 | | 25,000 | | Texas | | BBX | | December 2011 | |
| Rig 29 | | SCR diesel electric | 1,500 | | 2,600 | | 18,000 | | Texas | | Available | | | | |
| Rig 30 | | AC electric | | 2,000 | | 3,200 | | 20,000 | | Louisiana | Chesapeake | | August 2011 | | |
| | | | | | | | | | | Texas | | Plains | | February 2012 | |
| Rig 31 | | SCR diesel electric | 3,000 | | 4,400 | | 35,000 | | Texas | | Available | | | | |
| Rig 33 | | SCR diesel electric | 1,500 | | 3,200 | | 18,000 | | Texas | | Plains | | March 2012 | | |
| Rig 35 | | SCR diesel electric | 1,500 | | 4,400 | | 18,000 | | Texas | | EXCO Resources | September 2011 | |
| | | | | | | | | | | | | Hunt Oil | | September 2012 | |
| Rig 51 | | SCR diesel electric | 2,000 | | 4,400 | | 25,000 | | Texas | | Chesapeake | | October 2011 | | |
| Rig 52 | | SCR diesel electric | 2,000 | | 4,400 | | 25,000 | | Texas | | EOG | | September 2011 | |
| Rig 53 | | SCR diesel electric | �� 2,000 | | 4,400 | | 25,000 | | Louisiana | Chesapeake | | October 2011 | | |
| Rig 54 | | SCR diesel electric | 2,000 | | 4,400 | | 25,000 | | Louisiana | Chesapeake | | November 2011 | |
| Rig 59 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EnCana | | August 2012 | | |
| Rig 60 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | Plains | | December 2011 | |
| Rig 61 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | Cheyenne | | February 2012 | |
| Rig 62 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Oklahoma | Devon | | September 2011 | |
| Rig 63 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | Cheyenne | | February 2012 | |
| Rig 64 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | BBX | | November 2011 | |
| Rig 65 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Louisiana | EnCana | | December 2014 | |
| Rig 66 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | Hunt | | June 2012 | | |
| Rig 67 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EOG | | October 2011 | | |
| Rig 68 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EOG | | October 2011 | | |
| Rig 76 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Louisiana | EnCana | | June 2012 | | |
| Rig 77 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EnCana | | September 2012 | |
| Rig 84 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EnCana | | June 2015 | | |
| Rig 85 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Alabama | Chevron | | February 2012 | |
| Rig 86 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EOG | | October 2011 | | |
| Rig 87 | | AC electric | | 2,000 | | 3,200 | | 25,000 | | Texas | | EXCO Resources | May 2012 | | |
*On July 20, 2011, the Company announced that it has entered into a purchase and sale agreement with Ensign United States Drilling (S.W.) Inc., a subsidiary of Ensign Energy Services Inc., to sell Rowan’s land drilling division for $510 million in cash, plus working capital of approximately $30 million. The Company expects the sale to close within the third quarter.
Rigs 9 through 35 were constructed at various dates between 1960 and 1982, utilizing new as well as used equipment, and have since been substantially rebuilt. Rigs 51, 52, 53 and 54 were constructed during 2001-02. Rigs 59 through 66 were completed during 2006, Rigs 67 through 77 during 2007, Rigs 84 and 85 in 2008 and Rigs 86 and 87 in 2009. All but Rig 29 are equipped with a top-drive drilling system. Rigs 15 and 29 are not being marketed. Operating day rates range from $18,000 to $27,000. Estimated contract durations reflect either stated drilling periods expected time required for the contracted well or wells. Estimated number of idle days during July 2011 was 113 (88% utilization).
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.
This report contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company. Relevant factors have been disclosed in the Company's filings with the U. S. Securities and Exchange Commission.
Revisions to Fleet Status Report Noted in Bold
