Transocean provides status updates on four offshore drilling rigs

Offshore staff

STEINHAUSEN, Switzerland — Transocean 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.

• Transocean Enabler has been awarded a 19-well contract with Equinor in Norway at a current rate of $377,000 per day, as adjusted for foreign currency exchange plus eight option wells.
• Transocean Encourage has been awarded a nine-well contract with Equinor in Norway at a rate of $350,000 per day.
• Transocean Endurance has secured an award for a multi-well plug and abandonment contract with an unnamed independent in Australia at a rate of $380,000 per day plus options.
• Transocean Norge customers, including Wintershall DEA, 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 about $546 million. As of April 18, the company’s total backlog is about $8.6 billion.

Last month the company said the Transocean Barents semisubmersible had spud the TotalEnergies-operated Benriach exploration well in Block 206/05c west of Shetland, targeting 638 Bcf of prospective resources. Partner Kistos expects drilling to finish this summer.

04.18.2023