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Financial HQ
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0160 Oslo - Norway +47 22 48 3000
Investor Enquiries:rmlundetrae@borrdrilling.com
Borr Drilling Fleet Status Report - February 2018 | |||||||
Rig Name | Rig Design | Rig Water | Customer / Status | Contract Start | Contract End | Location | Comments |
Depth (ft) |
Jack-Ups
Atla | F&G, JU 2000 (2003) | 400 ft | Available | United Arab Emirates | Warm Stack | ||
Balder | F&G, JU 2000 (2003) | 400 ft | Available | Cameroon | Warm Stack | ||
Idun | KFELS Super B Bigfoot Class (2013) | 350 ft | Available | Singapore | Warm Stack | ||
Ran 2 | KFELS Super A (2013) | 400 ft | Available | Netherlands | Warm Stack | ||
Galar | PPL Pacific Class 400 (2015) | 400 ft | Available | PPL shipyard, Singapore | Warm Stack | ||
Saga | KFELS Super B Bigfoot Class (2018) | 400 ft | Available | KFELS shipyard, Singapore | Warm Stack | ||
Gerd | PPL Pacific Class 400 (2015) | 400 ft | Available | PPL shipyard, Singapore | Warm Stack | ||
Gersemi | PPL Pacific Class 400 (2015) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in February - 2018 | ||
Odin | KFELS Super B Bigfoot Class (2013) | 350 ft | Chevron 1 | April - 2018 | Thailand | Operating | |
Grid | PPL Pacific Class 400 (2015) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in April - 2018 | ||
Skald | KFELS Super B Bigfoot Class (2018) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in May - 2018 | ||
Norve | PPL Pacific Class 400 (2011) | 400 ft | BW Energy Dussafu | January - 2018 | June - 2018 | Gabon | 2 Wells (140-160 days) |
Groa | PPL Pacific Class 400 (2016) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in June - 2018 | ||
Gunnlod | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in July - 2018 | ||
Gyme | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in September - 2018 | ||
Mist | KFELS Super B Bigfoot Class (2013) | 350 ft | Chevron 1 | October - 2018 | Thailand | Operating | |
Natt | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in October - 2018 | ||
Frigg 2 | KFELS Super A (2013) | 400 ft | Total | December - 2018 | December - 2019 | Nigeria | One year with option to extend |
Njord | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in January - 2019 | ||
Tivar | KFELS Super B Bigfoot Class (2019) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in April - 2019 | ||
Vale | KFELS Super B Bigfoot Class (2020) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in October - 2020 | ||
Var | KFELS Super B Bigfoot Class (2020) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in December - 2020 | ||
Baug 2 | F&G, Mod VI Universe Class (1991) | 394 ft | Available | United Kingdom | Cold Stack - not bidding | ||
Brage 2 | F&G, Mod VI Universe Class (1998) | 394 ft | Available | United Kingdom | Cold Stack - not bidding | ||
Eir 2 | F&G, Mod VI Universe Class (1999) | 394 ft | Available | United Kingdom | Cold Stack - not bidding | ||
Fonn 2 | F&G, Mod V (1986) | 361 ft | Available | United Kingdom | Cold Stack - not bidding |
1 - Rigs are operating under a modified BBC via Transocean until end of current contract.
2 - HD/HE Capability.
Forward Looking Statements:
The statements described in this status report that are not historical facts are "Forward Looking Statements".
Forward Looking Statements reflect management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally.
No Forward Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.
Borr Drilling - Fleet Status Report - February 2018
Rig Name
Atla
Balder
Idun
Ran 2
Galar
Saga
Gerd
Gersemi
Odin
Grid
Skald
Norve
Groa
Gunnlod
Gyme
Mist
Natt
Frigg 2
Njord
Tivar
Vale ` Var
Baug 2
Location
Borr Drilling
Fleet Status Report - February 2018
2018
2019
2020
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
United Arab Emirates
Cameroon
Singapore
NetherlandsPPL shipyard, Singapore
KFELS shipyard, Singapore
PPL shipyard, Singapore
PPL shipyard, Singapore
Thailand
PPL shipyard, Singapore
KFELS shipyard, Singapore
Cameroon
PPL shipyard, Singapore
PPL shipyard, Singapore
PPL shipyard, Singapore
Thailand
PPL shipyard, Singapore
NigeriaPPL shipyard, Singapore
KFELS shipyard, Singapore
KFELS shipyard, Singapore
KFELS shipyard, Singapore
United Kingdom
Brage 2
United Kingdom
Eir 2
United Kingdom
Fonn 2
United KingdomAvailable - Warm Stack
Available - Warm Stack
Available - Warm Stack
Available - Warm StackAvailable - Warm Stack
Available - Warm Stack
Available - Warm Stack
Rig Delivery in February - 2018
Chevron 1
Rig Delivery in April - 2018
Rig Delivery in May - 2018
BW Energy Dussafu
Rig Delivery in June - 2018
Rig Delivery in July - 2018
Rig Delivery in September - 2018
Chevron 1
Rig Delivery in October - 2018
Total
One Year Option
Rig Delivery in January - 2019
Rig Delivery in April - 2019
Rig Delivery in October - 2020
Rig Delivery in December - 2020
Available - Cold Stack
Available - Cold Stack
Available - Cold Stack
Available - Cold Stack
Contract
Option
Available
Under Construction
1 - Rigs are operating under a modified BBC via Transocean until end of current contract.
2 - HD/HE Capability."
Forward Looking Statements:
The statements described in this status report that are not historical facts are "Forward Looking Statements".
Forward Looking Statements reflect management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally.
No Forward Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.
Borr Drilling - Fleet Status Report - February 2018
Borr Drilling Ltd. published this content on 22 February 2018 and is solely responsible for the information contained herein.
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