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Noble Corp. Reports $152MM Loss in 4Q; Talks Rig Activity
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Noble Corporation plc has reported its 4Q15 and full year 2015 results.
Key Points: Utilization of the Company's 17 floating rigs, comprised of nine drillships and eight semisubmersibles, was 84 percent in the fourth quarter of 2015 Utilization of the Company's jackup rig fleet, comprised of 15 units, including one unit under construction, was 82 percent in the fourth quarter of 2015 compared to 84 percent in the previous quarter Operating HighlightsUtilization of the Company's 17 floating rigs, comprised of nine drillships and eight semisubmersibles, was 84 percent in the fourth quarter of 2015, compared to 81 percent in the previous quarter. The improvement in utilization was driven largely by a full quarter of operations on the semisubmersible Noble Paul Romano, partially offset by…
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