Rig Utilization 0104

 


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


 
 
FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 15, 2004

 
 
 
ROWAN COMPANIES, INC.
(Exact name of registrant as specified in its charter)


DELAWARE
(State or other jurisdiction of incorporation)



 1-5491

 75-0759420

 (Commission file Number

 (IRS Employer Identification No.)





2800 Post Oak Boulevard
Suite 5450
Houston, Texas 77056-6127
(Address of principal executive office, including zip code)



(713) 621-7800
(Registrant’s telephone number, including area code)
 
 

 


 
 


 
     

 
 


Item 5. Other Events and Regulation FD Disclosure.

The following information is disclosed pursuant to Item 5 – Other Events and Regulation FD Disclosure.

A schedule summarizing the Offshore Rig Utilization of Rowan Companies, Inc. for February 2004 is attached as Exhibit 99.



Item 7. Financial Statements and Exhibits

(c) Exhibits

Exhibit
 
 
Number
 
Exhibit Description


 
 
 
99
 
Rowan Companies, Inc. Offshore Rig Utilization for February 2004





SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


     
  ROWAN COMPANIES, INC.
 
 
 
 
 
 
Date: March 15, 2004 By:   /s/ E. E. THIELE
 
E. E. Thiele
  Senior Vice President - Administration, Finance and Treasurer (Principal Financial Officer)
   
 
 
 



 
     

 
 

 

INDEX TO EXHIBITS
 
 
 
 
EXHIBIT DESCRIPTION




Exhibit
 
 
Number
 
Exhibit Description


 
 
 
99
 
Rowan Companies, Inc. Offshore Rig Utilization for February 2004

 
 
 
 
 
 
 

 



  -2-  


EXHIBIT 99

 
ROWAN COMPANIES, INC.      
OFFSHORE RIG UTILIZATION      
FEBRUARY 2004      
 
   
 
   
 
 
   
 
   
 
 
   
 
   
 
 
   

Units * 

 

 

Utilization

 
 
 
   
 
   
 
Gorilla Jack-ups:
   
 
   
 
Gulf of Mexico
   
5

 

 

40%
Canada
   
1

 

 

100%
North Sea
   
1

 

 

100%

 
 
Total
   
7

 

 

57%

 
 
 
   
 
   
 
Other Jack-ups:
   
 
   
 
Gulf of Mexico
   
16

 

 

94%

 
 
 
   
 
   
 
Semi-submersible:
   
 
   
 
Gulf of Mexico
   
1

 

 

0%

 
 
Total
   
24

 

 

79%

 
 
 
* Number of units at February 29, 2004
 
 
Note: Only revenue-producing days are used in computing rig utilization.
 
 
 
 
 
 
 
 
 
 
 
 
 
  -3-