Finance News

Transocean Ltd. Provides Quarterly Fleet Status Report

Transocean Ltd. (NYSE: RIG) has 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:

  • Development Driller III – Awarded a one-well contract in Colombia at $331,000 per day.
  • Deepwater Inspiration – Customer exercised a one-well option in the U.S. Gulf of Mexico at $300,000 per day.
  • Transocean Spitsbergen – Customer exercised a one-well option in Norway at $305,000 per day.

The aggregate incremental backlog associated with these fixtures is approximately $87.2 million. As of April 25, the company’s total backlog is approximately $6.1 billion.

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

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