Transocean Provides Quarterly Fleet Status Report

Source Press Release
Company Transocean Ltd. 
Tags Upstream Activities, Oil Services, Service Contracts
Date April 18, 2023

Transocean Ltd. (NYSE: RIG) today 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:

  • Transocean Enabler – Awarded a 19-well contract in Norway at a current rate of $377,000 per day, as adjusted for foreign currency exchange plus eight option wells.
  • Transocean Encourage – Awarded a nine-well contract in Norway at a rate of $350,000 per day.
  • Transocean Endurance – Awarded a multi-well plug and abandonment contract in Australia at a rate of $380,000 per day plus options.
  • Transocean Norge – Customers exercised four one-well options in Norway at $338,000 per day, $358,000 per day, $358,000 per day, and $408,000 per day, respectively, as adjusted for foreign currency exchange.

The aggregate incremental backlog associated with these fixtures is approximately $645 million. As of April 18, 2023, the company’s total backlog is approximately $8.6 billion.

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

Source: EvaluateEnergy® ©2024 EvaluateEnergy Ltd