ExxonMobil Guyana has extended the contracts for four of Noble Corp.'s drillships operating from Q2 2027 to Q3 2028, Noble said in a results update.
In addition, Shell has added 130 days to the Ocean Endeavor’s current assignment in the UK North Sea.
Noble's current global contracts backlog is $6.2 billion. During Q3, 23 of its floating drilling rigs were contracted, including nine from the legacy Diamond Offshore fleet).
Leading dayrates for tier-1 drillships remain in the mid $400,000s to low $500,000s/d range, the company added.
Take-up of Noble's 13 marketed jackups rose to 83% in the quarter, with top-tier harsh environment jackup dayrates staying in the mid $200,000s in Norway and $130,000-$150,000 in the rest of the North Sea.
There are signs of a slight pickup for the jackup market in northern Europe next year, Noble added, although policy and permitting factors could impact activity in the southern North Sea.
