NOBLE CORPORATION PLC Fleet Status Report
May 6, 2024
Recent Commercial Activity since February 22, 2024 report
Floaters
Noble Venturer | Three well contract for an estimated 150 days with Trident Energy in Equatorial Guinea expected to |
commence in June 2024 at an undisclosed dayrate. | |
Next, two wells with Rhino Resources in Namibia at a dayrate of $410,000 excluding additional fees | |
for MPD services, mobilization, and demobilization. Plus, two optional DST (drill stem tests) and two | |
option wells totaling 150 estimated days. | |
Noble Viking | Three wells (plus one well option) with Prime Energy in the Philippines at a dayrate of $499,000, |
excluding additional fees for MPD services, mobilization, and demobilization fees. | |
Noble Voyager | One well option exercised by Petronas in Suriname for a minimum term of 60 days at a dayrate of |
$470,000. |
Jackups
Noble Innovator | One well extension with BP in the UK at a dayrate of $145,000. Two well-based options remain under |
the contract. |
Commercial activity listed reflects all publicly announced contracts and option exercises since prior Fleet Status Report dated February 22, 2024.
The information contained in this fleet status report is as of the date of the report only and is subject to change without notice to the recipient, and we assume no duty to update any portion of the information contained herein. This fleet status report contains statements that are not historical facts, which are "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements about the estimated duration of client contracts, contract dayrate amounts, future contract commencement dates, shipyard projects, our business, financial performance, and prospects. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to have been correct. Various factors could cause actual results to differ materially.
The following information should be read in conjunction with Noble Corporation plc's ("Noble") filings with the Securities & Exchange Commission (the "SEC"), including its annual report on Form 10-K and its subsequent quarterly reports on Form 10-Q, and in particular the description of, and assumptions with respect to, Noble's backlog and the associated risks as well as the other risk factors contained therein. Such filings are available on Noble's website at www.noblecorp.com and on the SEC's website at www.sec.gov.
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Floater Fleet Contract Status
Drillships
Rig Name | Design | Built | Rated Water | Location | Operator | Start Date | End Date | Dayrate | Comments |
Depth (ft.) | |||||||||
Noble Faye Kozack | Samsung 96K | 2013 | 12,000 | Brazil | Petrobras | Jul-24 | Dec-26 | Undisclosed | Includes MPD services. |
Noble Stanley Lafosse | Samsung 96K | 2014 | 12,000 | US GOM | Undisclosed | Jul-23 | Nov-24 | Undisclosed | Five one-well options remaining at mutually agreed dayrates. |
Noble Valiant | Samsung 96K | 2014 | 12,000 | US GOM | LLOG | Feb-24 | Feb-25 | $470,000 | Dayrate excludes potential add-on for MPD. |
Ghana | Tullow | Oct-22 | Mar-24 | $256,000 | Dayrates exclude additional services. | ||||
Noble Venturer | Samsung 96K | 2014 | 12,000 | Ghana | Tullow | Apr-24 | May-24 | $298,000 | |
Equitorial Guinea | Trident Energy | June-24 | Oct-24 | undisclosed | |||||
Namibia | Rhino Resources | Nov-24 | Feb-25 | $410,000 | Contract includes two option wells at mutually agreed rates. | ||||
Malaysia | Shell | Jan-24 | Nov-24 | $407,800 | Dayrate includes MPD but excludes integrated services and | ||||
Noble Viking | Samsung 96K | 2014 | 12,000 | Malaysia | Shell | Dec-24 | Feb-25 | Option Period | mobilization fee. Options included for up to 8 additional wells, if |
Malaysia | Shell | Feb-25 | Jun-25 | $442,000 | exercised to be drilled in direct continuation after Prime. | ||||
Philippines | Prime | Jun-25 | Nov-25 | $499,000 | Dayrate excludes additional fees for MPD and mobilization. | ||||
Contract includes 1 option well at 549k/day, excluding MPD. | |||||||||
Noble Voyager | Samsung 96K | 2015 | 12,000 | Suriname | Petronas | Feb-24 | Aug-24 | $470,000 | |
Pacific Meltem | Samsung 96K | 2014 | 12,000 | Las Palmas | Cold stacked | ||||
Noble Tom Madden | Gusto P10,000 | 2014 | 12,000 | Guyana | Esso | Dec-19 | Jun-27 | Market based | Contract award under CEA - See Note #1 |
Noble Sam Croft | Gusto P10,000 | 2014 | 12,000 | Guyana | Esso | Apr-19 | Jun-27 | Market based | Contract award under CEA - See Note #1 |
Noble Don Taylor | Gusto P10,000 | 2013 | 12,000 | Guyana | Esso | Nov-19 | Jun-27 | Market based | Contract award under CEA - See Note #1 |
Noble Bob Douglas | Gusto P10,000 | 2013 | 12,000 | Guyana | Esso | Apr-18 | Jun-27 | Market based | Contract award under CEA - See Note #1 |
Key changes in bold
Note #1 Dayrates under the CEA framework are repriced on March 1 and September 1 each year.
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Floater Fleet Contract Status
Drillships
Rig Name | Design | Built | Rated Water | Location | Operator | Start Date | End Date | Dayrate | Comments |
Depth (ft.) | |||||||||
Noble | Globetrotter Class | 2011 | 10,000 | US GOM | Shell | Dec-23 | Jul-24 | $375,000 | |
Globetrotter I | US GOM | Shell | Jul-24 | Aug-24 | $390,000 | ||||
Noble | Globetrotter Class | 2013 | 10,000 | US GOM | Shell | Nov-23 | Mar-24 | $398,500 | |
Globetrotter II | US GOM | Shell | Mar-24 | May-24 | $434,500 | ||||
Noble Gerry | Samsung 12,000 | 2011 | 12,000 | Nigeria | TotalEnergies | Feb-23 | Nov-24 | Undisclosed | Contract includes a nine-month priced option. |
de Souza | |||||||||
Pacific Scirocco | Samsung 12,000 | 2011 | 12,000 | Las Palmas | Cold stacked | ||||
Semisubmersibles
Rig Name | Design | Built | Rated Water | Location | Operator | Start Date | End Date | Dayrate | Comments |
Depth (ft.) | |||||||||
Noble Deliverer | DSS21-DPS2 | 2010 | 10,000 | Australia | INPEX | Jul-23 | Jul-24 | $379,000 | |
Jul-24 | Apr-25 | $451,500 | |||||||
Noble Developer | DSS21-DPS2 | 2009 | 10,000 | Trinidad | - | - | - | - | Available |
Noble Discoverer | DSS21-DPS2 | 2009 | 10,000 | Colombia | Petrobras | Jun-24 | Jul-25 | Undisclosed | Contract includes a 390-day priced option. |
Key changes in bold
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Jackup Fleet Contract Status
Ultra-harsh environment
Rig Name | Design | Built | Rated Water | Location | Operator | Start Date | End Date | Dayrate | Comments |
Depth (ft.) | |||||||||
Jun-23 | Oct-24 | $135,000 | |||||||
Noble Innovator | MSC CJ70-150 MC | 2003 | 492 | United Kingdom | BP | Oct-24 | Jan-25 | $140,000 | |
Jan-25 | May-25 | $145,000 | Two priced options to Aug-26 remain. | ||||||
Noble Integrator | MSC CJ70-X150 MD | 2015 | 492 | Norway | Aker BP | Apr-24 | Nov-27 | Undisclosed | Contracts to be delivered under the terms of the frame agreement. |
Noble Interceptor | MSC CJ70-X150 MD | 2014 | 492 | Denmark | - | - | - | Available | |
Jan-24 | Jan-24 | $120,000 | |||||||
Noble Intrepid | MSC CJ70-X150 MD | 2014 | 492 | United Kingdom | Harbour | Feb-24 | Dec-24 | $95,000 | Accommodation scope, contract contains two one-month priced options. |
Dec-24 | Feb-25 | $120,000 | |||||||
Aker BP | Mar-23 | Aug-24 | Undisclosed | Contracts to be delivered under the terms of the frame agreement. | |||||
Noble Invincible | MSC CJ70-X150 MD | 2016 | 492 | Norway | DNO | Aug-24 | Oct-24 | Undisclosed | |
Aker BP | Oct-24 | Nov-27 | Undisclosed | Contracts to be delivered under the terms of the frame agreement. | |||||
Key changes in bold
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Jackup Fleet Contract Status
Harsh environment
Rig Name | Design | Built | Rated Water | Location | Operator | Start | End Date | Dayrate | Comments |
Depth (ft.) | Date | ||||||||
Noble Reacher | MSC CJ50-X100 MC | 2009 | 350 | Denmark | TotalEnergies | Jun-22 | Jul-25 | Undisclosed | One 12-month option remaining under the contract. |
Noble Resilient | MSC CJ50-X100 MC | 2008 | 350 | Denmark | Wintershall | Apr-24 | Jun-24 | $115,000 | |
Petrogas | Aug-24 | Nov-24 | $133,000 | Contract contains a two-well priced option. | |||||
TotalEnergies | Feb-24 | May-24 | $80,000 | ||||||
Noble Resolute | MSC CJ50-X100 MC | 2008 | 350 | Netherlands | Petrogas | May-24 | Aug-24 | $134,000 | |
TotalEnergies | Aug-24 | Mar-25 | $95,000 | ||||||
Petrogas | Mar-25 | Apr-25 | Undisclosed | Contract includes a 40-day option. | |||||
Noble Resolve | MSC CJ50-X100 MC | 2009 | 350 | Denmark | INEOS | Jul-23 | Jul-24 | $110,000 | |
Noble Highlander | F&G JU2000E | 2016 | 400 | Denmark | - | - | - | - | Warm stacked |
Noble Tom Prosser | F&G JU-3000N | 2014 | 400 | Malaysia | Shell | Apr-24 | Jun-25 | Undisclosed | The contracts contain further options to extend the work scopes. |
Noble Mick O'Brien | F&G JU-3000N | 2013 | 400 | Qatar | Qatargas | Oct-22 | Apr-26 | Undisclosed | Contract includes five one-well options at mutually agreed rates. |
Noble Regina Allen | F&G JU-3000N | 2013 | 400 | Argentina | TotalEnergies | May-24 | Dec-24 | $150,000 | Priced options through Mar-25. Dayrate excludes mob / demob fees. |
Key changes in bold
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Floater Contract Timeline
2024 | 2025 | 2026 | |
J F M A M J | J A S O N D J F M A M J | J A S O N D J F M A M J | J A S O N D |
Drillships
Noble Faye Kozack
Noble Stanley Lafosse
Noble Valiant
Noble Venturer
Noble Viking
Noble Voyager
Pacific Meltem
Noble Tom Madden
Noble Sam Croft
Noble Don Taylor
Noble Bob Douglas
Noble Globetrotter I
Noble Globetrotter II
Noble Gerry de Souza
Pacific Scirocco
Semisubmersibles
Noble Deliverer
Noble Developer
Noble Discoverer
Firm contract period | Options | |
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Jackup Contract Timeline
2024 | 2025 | 2026 | |||||||||||||||||||||||||||||||||||||
J | F | M | A | M | J | J | A | S | O | N | D | J | F | M | A | M | J | J | A | S | O | N | D | J | F | M | A | M | J | J | A | S | O | N | D |
Ultra-Harsh
Noble Innovator
Noble Integrator
Noble Interceptor
Noble Intrepid
Noble Invincible
Harsh
Noble Reacher
Noble Resilient
Noble Resolute
Noble Resolve
Noble Highlander
Noble Tom Prosser
Noble Mick O'Brien
Noble Regina Allen
Firm contract period | Options | |
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Disclaimer
Noble Corporation plc published this content on 06 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 May 2024 20:44:02 UTC.
