8-K

UNITED STATES
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): May 1, 2008

HERCULES OFFSHORE, INC.

(Exact name of registrant as specified in its charter)

Delaware	0-51582	56-2542838
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

9 Greenway Plaza, Suite 2200 Houston, Texas	77046
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (713) 350-5100

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure

     On May 1, 2008, Hercules Offshore, Inc. (the “Company”) is posting on its website at www.herculesoffshore.com a report entitled “Hercules Offshore Fleet Status Report” (the “Fleet Status Report”). The Fleet Status Report includes the Hercules Offshore Rig Fleet Status (as of May 1, 2008), which contains information for each of the Company’s drilling rigs, including contract dayrate and duration. The Fleet Status Report is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

     The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933 unless specifically identified therein as being incorporated therein by reference.

     The information and statements made in the Fleet Status Report that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include statements concerning estimated contract expiration dates, dayrates, estimated dates for completion of repairs and upgrades and commencement dates of new contracts. Such statements are subject to a number of risks, uncertainties and assumptions, including without limitation, early termination by the customer pursuant to the contract or otherwise, cancellation or completion of certain contracts earlier than expected, operational difficulties, shipyard and other delays and other factors described in the Company’s annual report on Form 10-K and its most recent periodic reports and other documents filed with the Securities and Exchange Commission, which are available free of charge at the SEC’s website at www.sec.gov or the company’s website at www.herculesoffshore.com. The Company cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements.

Item 9.01 Financial Statements and Exhibits

(d)	Exhibits
	Exhibit 99.1 Hercules Offshore Fleet Status Report

SIGNATURE

     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.

	HERCULES OFFSHORE, INC.
Date: May 1, 2008	By:	/s/ James W. Noe
		James W. Noe
		Senior Vice President, General Counsel, Chief Compliance Officer and Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Hercules Offshore Fleet Status Report

EX-99.1

Exhibit 99.1

Hercules Offshore
Monthly Rig Fleet Status Report
as of
May 1, 2008

					Contract (2)	Est. Duration (3)
	Rig Name	Rig Type	Location	Customer / Status (1)	Dayrate ($000s)	Days		Date	Comments
Domestic Offshore
1	Hercules 75	Submersible, TD	GOM	Warm Stacked
2	Hercules 77	Submersible, TD	GOM	Mariner	51-53 57-59		6 55	05/07/08 07/01/08
3	Hercules 78	Submersible, TD	GOM	Warm Stacked
4	Hercules 85	85’ - ILS, TD	GOM	NCX	69-71		14	05/15/08
5	Hercules 101	100’ - MC, TD	GOM	EPL	53-55		27	05/28/08
6	Hercules 120	120’ - MC, TD	GOM	Chevron	53-55		56	06/26/08	Indexed dayrate adjusted quarterly
7	Hercules 150	150’ - ILC, TD	GOM	ADTI/Arena TBA	61-63 64-66		47 30	06/17/08 07/17/08	Contract awarded, contract execution pending - note 4
8	Hercules 152	150’ - MC, TD	GOM	ADTI/Apache TBA	57-59 69-71		25 60	05/26/08 07/25/08	Contract awarded, contract execution pending - note 4
9	Hercules 153	150’ - MC, TD	GOM	Warm Stacked
10	Hercules 173	173’ - MC, TD	GOM	Chevron	53-55		56	06/26/08	Indexed dayrate adjusted quarterly
11	Hercules 200	200’ - MC, TD	GOM	Devon ADTI/Petroquest ADTI/Petroquest TBA	59-61 59-61 64-66 64-66		4 30 41 90	05/05/08 06/04/08 07/15/08 10/13/08	Contract awarded, contract execution pending - note 4
12	Hercules 201	200’ - MC, TD	GOM	Samson W&T	57-59 59-61		7 50	05/08/08 06/27/08
13	Hercules 202	200’ - MC, TD	GOM	W&T	59-61		40	06/10/08
14	Hercules 203	200’ - MC, TD	GOM	Stone	59-61		25	05/26/08
15	Hercules 204	200’ - MC, TD	GOM	Apache Corp Apache Corp        Shipyard TBA	61-63 64-66 69-73		8 23 180	05/09/08 06/01/08 06/15/08 12/12/08	Contract awarded, contract execution pending - note 4
16	Hercules 207	200’ - MC, TD	GOM	Hall Houston        Shipyard	59-61		48	06/18/08 07/09/08
17	Hercules 211	200’ - MC Workover	GOM	Stacked Ready TBA TBA	59-61 59-61		21 30	05/02/08 5/23/08 6/22/08	Contract awarded, contract execution pending - note 4 Contract awarded, contract execution pending - note 4
18	Hercules 250	250’ - MS, TD	GOM	Expert Century	56-58 64-66		3 30	05/04/08 6/03/08
19	Hercules 251	250’ - MS, TD	GOM	Hunt Oil	56-58 62-64		8 30	05/09/08 06/08/08
20	Hercules 252	250’ - MS, TD	GOM	LLOG	56-58		97	08/06/08
21	Hercules 253	250’ - MS, TD	GOM	Tana	54-56 58-60 62-64		8 92 92	05/09/08 08/09/08 11/09/08
22	Hercules 257	250’ - MS, TD	GOM	Marlin Energy XXI	57-59 59-61		14 45	05/15/08 06/29/08	Originally contracted with Hercules 203
23	Hercules 350	350’ - IC	GOM	Stacked Ready TBA TBA	99-101 114-116		30 15	6/30/08 7/15/08	Contract awarded, contract execution pending - note 4 Contract awarded, contract execution pending - note 4
					Average		62 days
24	Hercules 155	150’ - ILC	GOM	Cold Stacked 07/01
25	Hercules 191	160’ - MS	GOM	Cold Stacked 08/01
26	Hercules 254	250’ - MS	GOM	Cold Stacked 07/01
27	Hercules 255	250’ - MS	GOM	Cold Stacked 07/01
28	Hercules 256	250’ - MS, TD	GOM	Cold Stacked 03/99

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Hercules Offshore
Monthly Rig Fleet Status Report
as of
May 1, 2008

					Contract (2)	Est. Duration (3)
	Rig Name	Rig Type	Location	Customer / Status (1)	Dayrate ($000s)	Days		Date	Comments
International Offshore
1	Hercules 110	100’ - MC, TD	Trinidad	Warm Stacked					Preparing for cold stack
2	Hercules 170	170’ - ILC	Qatar	Occidental Petroleum	68-70		23	05/24/08
3	Hercules 156	150’ - ILC, TD	Cameroon & Gabon	ADDAX	134-136 149-151		110 185	08/19/08 02/20/09
4	Hercules 185	120’ - ILC, TD	Angola	Angola Drilling Company Ltd        Shipyard Angola Drilling Company Ltd	124-126 149-151		189 549	11/06/08 03/06/09 09/06/10	Maintenance and upgrades including a 30’ leg extension
5	Hercules 205	200’ - MC, TD	Mexico	PEMEX	84-86		544	10/27/09	Dayrate adjusts every 90 days to published GOM index for 200’ Mat Cantilever + $20,000
6	Hercules 206	200’ - MC, TD	Mexico	PEMEX	111-113		417	06/22/09
7	Platform 3	Platform, TD	Mexico	PEMEX	51-53		307	03/04/09
8	Hercules 258	250’ - MS	India	Shipyard ONGC	109-111		1,095	05/10/08 05/15/11	Upgrading to add HPHT capabilities
9	Hercules 208	200’ - MC	Singapore/ Malaysia	Shipyard Murphy	109-111		1,095	06/15/11	Undergoing significant refurbishment with expected completion late 2Q 2008
10	Hercules 260	250’ - ILC	India	ONGC	142-144		1,087	04/23/11
11	Hercules 300	250’ - IC	GOM Saudi Arabia	Enroute       Shipyard Saudi Aramco	136-138		1,095	05/10/08 09/29/08 09/30/11	Transport in progress Contract preparation work
					Average	609 days

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Hercules Offshore
Monthly Rig Fleet Status Report
as of
May 1, 2008

					Contract (2)	Est. Duration (3)
	Rig Name	Rig Type	Location	Customer / Status (1)	Dayrate ($000s)	Days		Date	Comments
US Inland Barges
1	Hercules 01	Conv - 2000 hp	US Inland Gulf Coast	Clayton Williams	32-34		5	05/06/08
2	Hercules 09	Posted - 2000 hp, TD	US Inland Gulf Coast	Stacked Ready
3	Hercules 11	Conv - 3000 hp, TD	US Inland Gulf Coast	Forest	32-36		46	06/16/08
4	Hercules 15	Conv - 2000 hp	US Inland Gulf Coast	Swift Energy Company	33-35		40	06/10/08
5	Hercules 17	Posted - 3000 hp, TD	US Inland Gulf Coast	Apache	50-52		78	07/18/08
6	Hercules 19	Conv - 1000 hp	US Inland Gulf Coast	Swift Energy Company	28-30		5	05/06/08
7	Hercules 27	Posted - 3000 hp, TD	US Inland Gulf Coast	Contango	47-49		9	05/10/08
8	Hercules 29	Conv - 3000 hp, TD	US Inland Gulf Coast	Stacked Ready
9	Hercules 41	Posted - 3000 hp, TD	US Inland Gulf Coast	Castex	40-42		11	05/12/08
10	Hercules 46	Posted - 3000 hp, TD	US Inland Gulf Coast	Renaissance	35-37		27	05/28/08
11	Hercules 48	Posted - 3000 hp, TD	US Inland Gulf Coast	Stacked Ready
12	Hercules 49	Posted - 3000 hp, TD	US Inland Gulf Coast	Stacked Ready
13	Hercules 52	Posted - 2000 hp, TD	US Inland Gulf Coast	Stacked Ready
14	Hercules 55	Posted - 3000 hp, TD	US Inland Gulf Coast	McMoRan	42-44		52	06/22/08
15	Hercules 57	Posted - 2000 hp, TD	US Inland Gulf Coast	Sabco EOG	44-46 38-40		10 30	05/11/08 06/10/08
16	Hercules 64	Posted - 3000 hp, TD	US Inland Gulf Coast	Swift Energy Company        Shipyard	36-38		4	05/05/08 05/15/08
					Average	19 days
17	Hercules 07	Posted - 2000 hp	US Inland Gulf Coast	Cold Stacked 03/02
18	Hercules 10	Posted - 2000 hp	US Inland Gulf Coast	Cold Stacked 03/02
19	Hercules 20	Conv - 1000 hp	US Inland Gulf Coast	Cold Stacked 09/03
20	Hercules 21	Conv - 1500 hp	US Inland Gulf Coast	Cold Stacked 07/99
21	Hercules 23	Conv - 1000 hp	US Inland Gulf Coast	Cold Stacked 03/02
22	Hercules 28	Conv - 3000 hp	US Inland Gulf Coast	Cold Stacked 05/08
23	Hercules 30	Conv - 3000 hp	US Inland Gulf Coast	Cold Stacked 03/02
24	Hercules 31	Conv - 3000 hp	US Inland Gulf Coast	Cold Stacked 03/02
25	Hercules 32	Conv - 3000 hp	US Inland Gulf Coast	Cold Stacked 12/03
26	Hercules 47	Posted - 3000 hp	US Inland Gulf Coast	Cold Stacked 02/98
27	Hercules 61	Posted - 3000 hp	US Inland Gulf Coast	Cold Stacked 02/98

(1)	Rigs with a Customer named are under contract while rigs described as “Stacked Ready” are not under contract but generally are ready for service. Rigs described as “Warm Stacked” may have a reduced number of crew, but only require a full crew to be ready for service. Rigs described as “Cold Stacked” are not actively marketed, normally require the hiring of an entire crew and require a maintenance review and refurbishment before they can function as a drilling rig. Rigs described as “Shipyard” are undergoing maintenance, repairs, or upgrades and may or may not be actively marketed depending on the length of stay in the shipyard.
(2)	Contract dayrates shown in the table above are contract operating dayrates and, in certain cases under our Inland Barge contracts, include revenue for other vessels and services provided by Delta Towing. These rates do not include lump sum amounts reimbursable from the client, bonuses that are considered revenue under generally accepted accounting principles, or revenue already included in other Hercules business segments.
(3)	Estimated contract duration is an estimate based on current belief by our customer as to the remaining days to complete the project.
(4)	The contract award is subject to final documentation and contract execution, which cannot be assured. Customer to be announced in fleet status report following contract execution.

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