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transocean ltd provides quarterly fleet status report – – Press Release

STEINHAUSEN, Switzerland, Oct. 13, 2022 (GLOBE NEWSWIRE) — Transocean Ltd. RIG today released a quarterly Fleet Status Report providing the current status and contractual information for the Company’s fleet of offshore drilling rigs.

This quarter’s report includes the following updates:

  • Conqueror of the Deep Sea – Earned a two-year contract in the US Gulf of Mexico for $440,000 a day.
  • Deepwater Asgard – Awarded a one-well contract in the US Gulf of Mexico at $395,000 per day plus a one-well option.
  • Deepwater Asgard – Earned a one-year contract in the US Gulf of Mexico for $440,000 a day.
  • Petrobras 10000 – Awarded a 5.8-year contract in Brazil at $399,000 per day, increasing annually to $462,000 per day.
  • Development Drill III – Awarded a one-well contract in Suriname at $345,000 per day plus two one-well options.
  • Transocean Norway – Awarded a contract for 17 wells in Norway at daily rates ranging from $350,000 to $430,000.
  • Dhirubhai Deepwater KG1 – The client exercised a one-well option in India at a cost of $330,000 per day.
  • Paul B Loyd Jr – The client exercised two 100-day options in the UK at a cost of $175,000 per day.
  • Transoceanic Svalbard – The client exercised a one-well option in Norway at a price of $316,000 per day.

The total incremental backlog associated with these devices is approximately $1.6 billion. As of October 13, the company’s total backlog is approximately $7.3 billion.

The report can be accessed on the company’s website: www.deepwater.com.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The Company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deep sea and harsh environment drilling services and operates one of the most diverse offshore drilling fleets in the world.

Transocean owns or has interests in part and operates a fleet of 37 mobile offshore drilling units consisting of 27 ultra-deepwater…

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