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Borr Drilling
Fleet Status Report - 2nd January 2019
New Contracts / Extensions / Ammendments
Odin:
• New contract: March 2019 to November 2019, Operator Undisclosed, Mexico
Frigg:
• Exercised Option: January 2019 to October 2019, Total, Nigeria
• Assignment: April 2019 to October 2019, Shell, Nigeria
C20051:
• Exercised Option: January 2019 to February 2019, Total, Netherlands
MSS1:
• Contract Extension: March 2019 to April 2019, TAQA, UK (slot in the current contract)
Letters of Intent / Negotiations
Prospector 5:
• Advanced Negotiations: late 1Q2019 to 1Q2020, North Sea
C20051:
• Advanced Negotiations: 2Q2019 to 4Q2019, North Sea
This summary is provided as a courtesy and is not intended to replace a detailed review of the Fleet Status Report. This summary contains information on letters of intent/award and advanced negotiations. Letters of intent/award or advanced negotiations may not result in an actual drilling contract.
illing contract.
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.
tements will pro ntractual terms;
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 - January 2019
Fleet Status Report - 2nd January 2019
Rig Name
Rig Design
Rig Water Depth (ft)Year Built
Customer / Status
Contract Start
Contract End
Location
Comments
Premium Jack-Ups
Galar
Gersemi
Grid
Gunnlod
Gyme
Idun
Saga
Skald
Mist
OdinFrigg 1
Prospector 5 1
Prospector 1 1
PPL Pacific Class 400
PPL Pacific Class 400
PPL Pacific Class 400
PPL Pacific Class 400
PPL Pacific Class 400
KFELS Super B Bigfoot Class
KFELS Super B Bigfoot Class
KFELS Super B Bigfoot Class
KFELS Super B Bigfoot Class
KFELS Super B Bigfoot Class
KFELS Super A
F&G, JU2000E
F&G, JU2000E
Gerd
PPL Pacific Class 400
Groa
PPL Pacific Class 400
Ran 1
400 ft
2017
400 ft
2018
400 ft
2018
400 ft
2018
400 ft
2018
350 ft
2013
400 ft
2018
400 ft
2018
350 ft
2013
350 ft
2013
400 ft
400 ft
400 ft
2013 2014 2013
400 ft
400 ft
2018
2018
KFELS Super A
400 ft
2013
Natt
PPL Pacific Class 400
Available
Available
Available
Available
Available
Available
Available
Available
KrisEnergy
Available
Undisclosed
Total
Shell (via Assignment)
Nexen
Tulip
Available
Exxon
Available
Exxon
Available
Spirit EnergyNovember - 2018
December - 2018
March - 2019
January - 2019
April - 2019
August - 2018
December - 2018
September - 2018
March - 2019
September - 2018
April / May - 2019
September - 2018
April - 2019
February - 2019
February - 2019
November - 2019
March - 2019
October - 2019
February - 2019
May - 2019
March - 2019
March - 2021
April - 2019
April / May - 2021
April - 2019
March - 2020
Perenco
RoyalGate Energy
BW Energy Dussafu
September - 2018
May - 2019
July -2019
Singapore
Singapore
Singapore
Singapore
Singapore
Singapore
Singapore
Singapore
Thailand
Singapore
Mexico
Nigeria
Nigeria
United Kingdom
Netherlands
Singapore
Nigeria
Singapore
Nigeria
Netherlands
United Kingdom
April - 2019
June -2019
April - 2020
Available
400 ft
2018
First E&P
October - 2018
March / April - 2019
March - 2019
March / April - 2021
Gabon
Equatorial Guinea
Gabon
SingaporeNigeriaWarm Stacked
Warm Stacked
Warm Stacked
Warm Stacked
Warm Stacked
Warm Stacked
Warm Stacked
Warm Stacked
Operating
Activation and Mobilization
Committed
Commited
Committed with option to extend
Operating
Operating with option to extend
Activation and Mobilization
Committed with option to extend
Activation and Mobilization
Committed with option to extend
Activation and Mobilization
Committed
Operating
Committed
Committed
Activation and MobilizationCommitted with option to extend
Standard Jack-Ups
C20051 | CFEM T-2005-C | 360 ft | 1982 | Total | September - 2018 | February - 2019 | Netherlands | Operating |
Dhabi II | Baker Marine BMC-150 ILC | 150 ft | 1981 | NDC (ADOC) | April - 2017 | July - 2019 | United Arab Emirates | Operating |
B152 | Baker Marine BMC-150 ILC | 150 ft | 1982 | NDC (ADOC) | April - 2017 | November - 2019 | United Arab Emirates | Operating |
B391 | Baker Marine Europe Class | 250 ft | 1981 | Spirit Energy | March - 2018 | December - 2019 | United Kingdom | Operating with option to extend |
Semi-Submersible
MSS1
Offshore Company (IDC) SCP III M2
1500 ft
1979
TAQA
March - 2018
November - 2019
United Kingdom
Operating with option to extend
Fleet Status Report - 2nd January 2019
Rig Name
Rig Design
Rig Water Depth (ft)Year Built
Customer / Status
Contract Start
Contract End
Location
Comments
Jack-Ups Under Construction
Njord
Hild
Heimdal
Hermod
Huldra
Tivar
HeidrunPPL Pacific Class 400
KFELS Super B Bigfoot Class
KFELS Mod V
KFELS Mod V
KFELS Mod V
KFELS Super B Bigfoot Class
KFELS Mod V
Vale
KFELS Super B Bigfoot Class
Var
KFELS Super B Bigfoot Class
400 ft
Under Construction
PPL shipyard, Singapore
400 ft
Under Construction
KFELS shipyard, Singapore
400 ft
Under Construction
400 ft
Under Construction
KFELS shipyard, Singapore
KFELS shipyard, Singapore
400 ft
Under Construction
400 ft
Under Construction
KFELS shipyard, Singapore
KFELS shipyard, Singapore
400 ft
Under Construction
400 ft
Under Construction
KFELS shipyard, Singapore
KFELS shipyard, Singapore
400 ft
Under Construction
KFELS shipyard, SingaporeRig Delivery in January - 2019
Rig Delivery in October - 2019
Rig Delivery in January - 2020
Rig Delivery in April - 2020
Rig Delivery in July - 2020
Rig Delivery in July - 2020
Rig Delivery in October - 2020
Rig Delivery in October - 2020
Rig Delivery in December - 2020
Cold Stacked Jack-Ups
Atla
Balder
Baug 1
Eir 1
F&G, JU 2000
F&G, JU 2000
F&G, Mod VI Universe Class
F&G, Mod VI Universe Class
400 ft
394 ft
400 ft
394 ft
2003 2003 1991 1999
United Arab Emirates
Cameroon
United Kingdom
United KingdomNot Marketed
Not Marketed
1 - 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.
Operating / Committed | Available | Cold Stack | Under Construction |
9
Premium Jack-Ups | 29 | 10 | 8 | 2 |
Standard Jack-Ups | 6 | 4 | 2 | |
Total Jack-Ups | 35 | |||
Semi - Submersible | 1 | 1 | 9 | |
Total Fleet | 36 | 15 | 8 | 4 |
Gersemi
Borr Drilling
Fleet Status Report - 2nd January 2019
Grid
Gunnlod
Gyme
Idun
Saga
Skald
Mist
Odin
Frigg 1
Prospector 5 1
Prospector 1 1
Singapore
Singapore
Singapore
Singapore
Singapore
SingaporeAvailable - Warm StackedAvailable - Warm StackedAvailable - Warm Stacked
Available - Warm Stacked
Available - Warm StackedAvailable - Warm Stacked
Gerd
Activation & Mobilization
Singapore / Nigeria
UnderExxon
2 x 1 Year Optional Period
Borr Drilling - Fleet Status Report - January 2019
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Borr Drilling Ltd. published this content on 02 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2019 08:03:02 UTC