Transocean Ltd. issued a comprehensive Fleet Status Report which provides the current status of and contract information for the company's entire fleet of offshore drilling rigs. The total value of new contracts since the last report is approximately $9 million.
The report includes the following:
Sedco 704 - Awarded an estimated 40 day contract extension in the U.K. sector of the North Sea at a dayrate of $219,000 ($9 million estimated backlog).
The GSF Galaxy III and GSF Monarch are stacked; the rigs were previously idle.
Estimated 2015 out-of-service time decreased by a net 51 days; 2016 decreased by a net five days.