Last month Shell terminated the Noble Discoverer’s contract. A payment to Noble was made for the remaining term at about 90% of the operating day rate, adjusted for certain other items. The rig is being mobilized to Singapore where it is expected to be stacked.
The Noble Sam Croft and Noble Tom Madden remain under contract with Freeport-McMoran into July 2017 and November 2017, respectively. The company has announced plans to reduce the number of rigs it uses in the US Gulf of Mexico.
As for the Noble Scott Marks, Noble Roger Lewis, Noble Joe Beall, and Noble Gene House rigs, Noble said that its Saudi Aramco contract rates were adjusted downward for 2015.
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