BORR DRILLING LTD Fleet Status
Report
November 2017
Operational HQ
Borr Drilling Management DMCC Street - 28th Floor, Reef Tower, Cluster O, Jumeirah Lake Towers,
PO Box 36913, Dubai, UAE
Financial HQ
Borr Drilling Management AS Klingenberggata 4
0160 Oslo - Norway
Client Enquiries: marketing@borrdrilling.com Investor Enquiries: rmlundetrae@borrdrilling.com
Borr Drilling Fleet Status Report - November 2017Rig Name
Rig Design
Rig Water Depth (ft)
Customer / Status Contract Start
Contract End Location Comments
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 (2017) | 400 ft | Available | PPL shipyard, Singapore | Warm Stack | ||
Saga | KFELS Super B Bigfoot Class (2017) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in December - 2017 | ||
Gerd | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in January - 2018 | ||
Gersemi | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in February - 2018 | ||
Grid | PPL Pacific Class 400 (2018) | 400 ft | Under Construction | PPL shipyard, Singapore | Rig Delivery in April - 2018 | ||
Odin | KFELS Super B Bigfoot Class (2013) | 350 ft | Chevron 1 | May - 2018 | Thailand | Operating | |
Norve | PPL Pacific Class 400 (2011) | 400 ft | BW Energy Dussafu | January - 2018 | May - 2018 | Gabon | 2 Wells (140-160 days) |
Skald | KFELS Super B Bigfoot Class (2018) | 400 ft | Under Construction | KFELS shipyard, Singapore | Rig Delivery in May - 2018 | ||
Groa | PPL Pacific Class 400 (2018) | 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 | November - 2017 | November - 2018 | Nigeria | One year with option to extend |
Njord | PPL Pacific Class 400 (2019) | 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 - October 2017
Borr Drilling Fleet Status Report - November 2017Rig Name | Location | 2017 | 2018 | 2019 | 2020 | |||||||||||
Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | ||
Available - Warm Stack |
Atla United Arab Emirates
Available - Warm Stack |
Balder Cameroon
Available - Warm Stack |
Idun Singapore
Available - Warm Stack |
Ran 2 Netherlands
Available - Warm Stack |
Galar PPL shipyard, Singapore
Rig Delivery on December - 2017 |
Saga KFELS shipyard, Singapore
Rig Delivery on January - 2018 |
Gerd PPL shipyard, Singapore
Rig Delivery on February - 2018 |
Gersemi PPL shipyard, Singapore
Rig Delivery on April - 2018 |
Grid PPL shipyard, Singapore
Chev | ron 1 |
Odin Thailand
BW Energy Dussafu |
Norve Cameroon
Rig Delivery on May - 2018 |
Skald KFELS shipyard, Singapore
Rig Delivery on June - 2018 |
Groa PPL shipyard, Singapore
Rig Delivery on July - 2018 |
Gunnlod PPL shipyard, Singapore
Rig Delivery on September - 2018 |
Gyme PPL shipyard, Singapore
Chev | ron 1 |
Mist Thailand
Rig Delivery on October - 2018 |
Natt PPL shipyard, Singapore
Total | One Year Option |
Frigg 2 Nigeria
Rig Delivery on January - 2019 |
Njord PPL shipyard, Singapore
Rig Delivery on April - 2019 |
Tivar KFELS shipyard, Singapore
Vale KFELS shipyard, Singapore Rig Delivery on October - 2020
Available - Cold Stack |
Available - Cold Stack |
Var KFELS shipyard, Singapore Rig Delivery on December - 2020 Baug 2 United Kingdom
Brage 2 United Kingdom
Available - Cold Stack |
Eir 2 United Kingdom
Available - Cold Stack |
Fonn 2 United Kingdom
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 - October 2017
Borr Drilling Ltd. published this content on 22 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 November 2017 08:24:06 UTC.
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