Global drilling giant Transocean has announced a string of new contracts and the start of its newbuild drillship Deepwater Proteus on contract.
The firm has also stacked six rigs, taking its total number of currently stacked rigs to 28. The firm has also reduced day rates for on others.
The high-specification jackups Transocean Honor (last working in Gabon for Vaalco) and GSF Constellation II (last working in Angola for Chevron) have been stacked. The Transocean Driller mid-water semi (last working for Petrobras in Brazil) has been stacked. Three ultra-deepwater semis, which were previously listed as idle have also been stacked: Deepwater Millennium, Cajun Express and GSF Development Driller II.
The newbuild ultra-deepwater Deepwater Proteus started operations on its 10-year contract in the US Gulf of Mexico at a current dayrate of US$498,000. Two other newbuilds, the Deepwater Pontus and Deepwater Poseidon, are due for delivery in Q4 2017 and Q1 2018, respectively, both to Shell and with dat rates of $519,000. The Deepwater Conquerer is due to be delivered in Q4 this year to Chevron, to work in the US Gulf of Mexico, at a $589,000 day rate.
The Jack Bates semisubmersible, built in 1986, was awarded a two year contract offshore India at a dayrate of $127,000 ($93 million estimated backlog).
The Aker H-6e Transocean Spitsbergen semisubmersible (pictured), built in 2009, was awarded a one-well contract in the UK sector of the North Sea at an undisclosed dayrate. Additionally, the rig was awarded a one-well contract in the Norwegian North Sea at an undisclosed dayrate.
The Sedco 704 semisubmersible, built in 1974 and currently working for Independent Oil & Gas on the Skipper well in the North Sea, was awarded a one well contract in the UK sector of the North Sea at an undisclosed dayrate.
Estimated 2016 out of service days increased by a net 155 days due primarily to contract preparation and mobilization associated with the Jack Bates and Actinia semisubmersible (built in 1982 in Japan), and mobilizing the M.G. Hulme, Jr. semisubmersible (built 1983) and GSF Rig 140 semisubmersible (built 1983) to new contracts, said Transocean.
The deepwater Earl & Wright Sedco 700 class floater Sedco 702, built in 1973, is classified as held for sale. The rig will be recycled in an environmentally responsible manner, says Transocean.
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