Transocean Ltd. (RIG) issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore
drilling rigs.
This quarter’s report includes the following updates:
Deepwater Conqueror – Awarded a two-year contract in the U.S. Gulf of Mexico at $440,000 per day.
Deepwater Asgard – Awarded a one-well contract in the U.S. Gulf of Mexico at $395,000 per day plus a one-well option.
Deepwater Asgard – Awarded a one-year contract in the U.S. Gulf of Mexico at $440,000 per day.
Petrobras 10000 – Awarded a 5.8-year contract in Brazil at $399,000 per day escalating annually to $462,000 per day.
Development Driller III – Awarded a one-well contract in Suriname at $345,000 per day plus two one-well options.
Transocean Norge – Awarded a 17-well contract in Norway at dayrates between $350,000 and $430,000.
Dhirubhai Deepwater KG1 – Customer exercised a one-well option in India at $330,000 per day.
Paul B Loyd Jr – Customer exercised two 100-day options in the U.K. at $175,000 per day.
Transocean Spitsbergen – Customer exercised a one-well option in Norway at $316,000 per day.
The aggregate incremental backlog associated with these fixtures is approximately $1.6 billion. As of October 13, the company’s total backlog is approximately $7.3 billion.
