HOUSTON — Noble Corp.’s marketed fleet of 16 floating drilling rigs was 91% during fourth-quarter 2022, the company noted in its latest results review.
This included seven ultradeepwater rigs added following the merger with Maersk Drilling.
Tier 1 drillships area commanding increased day rates, the company added, currently in the low to mid $400,000s per day range. And since early November, Noble has secured 24 months of additional work for four 6G and 7G drillships at an average rate above $420,000 per day.
At the same time, Noble Globetrotter has been off contract since October, pending permit approvals in Mexico.
As for the company’s 13 jackups, utilization was 85% in the fourth quarter, and included 10 that were part of the Maersk fleet.
Noble Regina Allen is off contract and will likely be unavailable for much of the year for leg and jacking system repairs.
Nine of the 13 jackups are contracted, with an overall $1 billion jackup backlog that is heavily weighted to the commitments of Noble Integrator and Noble Invincible under the Aker BP alliance in Norwegian waters.
Jackup demand in Norway generally is subdued, but with improving demand indicators both there and globally, the company added.