Transocean Reels In $1.6B Worth of Drilling Deals
OEDigital
Friday, October 14, 2022
Offshore drilling company Transocean sent out its quarterly rig fleet status report on Thursday. In it, Transocean said it had won contracts worth a total of $1.6 billion during the quarter.
Transocean secured contracts for the following rigs:
- 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.
As of October 13, Transocean's total backlog was around $7.3 billion.