Transocean Ltd. Provides Fleet Status Report
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Transocean Ltd. /
Transocean Ltd. Provides Fleet Status Report
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ZUG, SWITZERLAND--(Marketwire - July 18, 2012) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today issued a comprehensive Fleet Status Report which provides
current status and contract information for the company's entire fleet of
offshore drilling rigs. Since the June update, backlog associated with new
contracts or extensions is approximately $1.5 billion and 2012 estimated out of
service time increased by a net 16 days.
Highlights are as follows:
* Discoverer Deep Seas - Awarded a three-year contract for work in the U.S.
Gulf of Mexico at a dayrate of $595,000 ($652 million contract backlog). The
rig's prior contract dayrate was $450,000.
* GSF Arctic III - Awarded a 17-well contract for work in the U.K. sector of
the North Sea at a dayrate of $313,000 ($205 million contract backlog),
consistent with the rig's recently-signed, three-month prior contract.
* GSF Jack Ryan - Customer exercised a one-year option for work offshore
Nigeria at a dayrate of $425,000 ($155 million contract backlog).
* Transocean Marianas - Awarded a 280-day contract for work offshore Namibia
at a dayrate of $530,000 ($148 million contract backlog). The rig's prior
dayrate was $450,000.
* Transocean Searcher - Customer exercised a one-year option in the Norway
North Sea at a dayrate of $386,000 ($141 million contract backlog).
* Trident 15 - Awarded a two-year contract extension for work offshore
Thailand at a dayrate of $139,000 ($101 million contract backlog). The rig's
prior dayrate was $100,000.
* GSF Rig 103 is currently held for sale. The rig was previously stacked.
This report also contains the company's initial forecast of planned 2013 out of
service time. The estimated 2,657 days (impacting 50 rigs) comprises 824 days
(31%) for High-Specification Floaters, 872 days (33%) for Midwater Floaters, and
961 days (36%) for Jackups. This compares with estimated 2012 out of service
time of 3,931 days (impacting 58 rigs) consisting of 1,212 days (31%) for High-
Specification Floaters, 717 days (18%) for Midwater Floaters, and 2,002
days (51%) for Jackups. Included in the 2013 forecast, the company anticipates
performing extensive well control equipment work scope on 12 floaters.
These estimates are subject to change due to a variety of factors, including
changes in business plans as well as customers' requirements and new
contracts. It is not uncommon for unplanned or exceptional shipyards to
significantly increase estimates of out of service time. Since the company
cannot predict such shipyards, they are not included in the Fleet Status
Report.
The fleet update summary can be accessed at www.deepwater.com by clicking on the
Fleet Status Report link found in the toolbar.
Forward-Looking Statements
Statements regarding the estimated duration of customer contracts, contract
dayrate amounts, future contract commencement dates and locations, planned
shipyard projects and other out of service time, sales of drilling units, as
well as any other statements that are not historical facts in the report, are
forward-looking statements that involve certain risks, uncertainties and
assumptions. These include but are not limited to operating hazards and delays,
risks associated with international operations, actions by customers and other
third parties, the future prices of oil and gas and other factors detailed in
the company's most recent Form 10-K and other filings with the Securities and
Exchange Commission. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those indicated.
About Transocean
Transocean is a leading international provider of offshore contract drilling
services for oil and gas wells. We own or have partial ownership interests in
and operate a fleet of 129 mobile offshore drilling units consisting of 50 High-
Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment
semisubmersibles and drillships), 25 Midwater Floaters, 10 High-Specification
Jackups, 43 Standard Jackups and one swamp barge. In addition, we have two
Ultra-Deepwater Drillships and three High-Specification Jackups under
construction. The company specializes in technically demanding sectors of the
global offshore drilling business with a particular focus on deepwater and harsh
environment drilling services, and believes that it operates one of the most
versatile offshore drilling fleets in the world.
For more information about Transocean, please visit the website at
www.deepwater.com.
Analyst Contacts:
Thad Vayda
+1 713-232-7551
Diane Vento
+1 713-232-8015
Media Contact:
Guy A. Cantwell
+1 713-232-7647
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Transocean Ltd. via Thomson Reuters ONE
[HUG#1627804]
Unternehmensinformation / Kurzprofil:
Datum: 18.07.2012 - 22:16 Uhr
Sprache: Deutsch
News-ID 166710
Anzahl Zeichen: 6029
contact information:
Town:
Vernier
Kategorie:
Business News
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