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Transocean Ltd. issues fleet update summary


Published Aug 25, 2014
Transocean Ltd.

Transocean Ltd. has issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since July 16, 2014. The total value of new contracts since the July 16, 2014 Fleet Status Report is approximately $78 million.

On July 28, 2014, the newbuild ultra-deepwater drillship, Deepwater Invictus, commenced operations on its three-year contract in the U.S. Gulf of Mexico at a dayrate of $595,000. Additionally, the newbuild ultra-deepwater drillship, Deepwater Asgard, commenced operations on its three-year contract on August 21, 2014 at a dayrate of $600,000.

Other highlights include:

Jack Bates - Awarded a two-well contract in Australia at a dayrate of $420,000 ($59 million estimated backlog). The rig's prior dayrate was $380,000. GSF Celtic Sea - Awarded a one-well contract in Angola at a dayrate of $338,000 ($15 million estimated backlog). The rig's prior dayrate was $328,000. Sedco Energy - The remaining contract term (401 days) on GSF Rig 135, operating in the Congo, was transferred to the Sedco Energy. The rig was previously idle.

Tags: Transocean Ltd.




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