Offshore drilling rig fleet status report from Transocean

Transocean Ltd has issued a comprehensive Fleet Status Report, which provides the current status and contract information for the company's entire fleet of offshore drilling rigs. The total value of new contracts since the 17 March 2014 Fleet Update Summary is approximately US$ 209 million.

Other items include:

Transocean Marianas

Awarded a four-well contract offshore South Africa at a dayrate of US$ 370 000 (US$ 118 million estimated backlog). The rig was previously idle.

Transocean Arctic 

Awarded a two-well contract in the Norwegian sector of the North Sea at a dayrate of US$ 519 000 (US$ 83 million estimated backlog). The rig's prior dayrate was US$ 419 000.

Sedneth 701

The rig sustained damage from a galley fire. The company has decided to divest the rig and has classified it as held for sale. Discussions are underway with the customer to transfer the remaining contract backlog to an alternative rig.

Plans for 2015

Estimated planned 2015 out-of-service time is provided on a rig-by-rig basis. A preliminary review of anticipated projects indicates approximately 1306 days of planned out-of-service time in 2015, compared with 1845 days in 2014. Total out-of-service days are aggregated by asset class in the Fleet Status Report. Since the prior report, estimated 2014 out-of-service time increased by a net 105 days, including 59 days associated with contract preparation on the Transocean Marianas.

Adapted from press release by Cecilia Rehn

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25042014/offshore_drilling_rig_fleet_status_report_from_transocean/