March 18, 2014

Transocean Latest Offshore Drilling Rig Fleet Summary

Image courtesy of Transocean

Image courtesy of Transocean

Transocean Ltd. has issued its monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since February 18, 2014. 

The total value of new contracts since the February 18, 2014 Fleet Update Summary is approximately $14 million.

Other items include:

  • GSF Galaxy III - Awarded an approximate two and one-half month contract extension for use as an accommodation unit in the U.K. sector of the North Sea at a dayrate of $180,000 ($14 million estimated backlog). The rig's prior dayrate was $226,000.
  • Estimated 2014 planned out-of-service time increased by a net two days.
  • The ultra-deepwater floater, GSF Development Driller I, is idle.

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TransoceanLatest Offshore Drilling Rig Fleet Summary Transocean Ltd.United Kingdom