Paul B Loyd, Jr.

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escveritas
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Paul B Loyd, Jr.

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STEINHAUSEN, Switzerland, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today 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:
  • Deepwater Conqueror – Awarded a one-well contract extension in the U.S. Gulf of Mexico at $335,000 per day.
  • Deepwater Asgard – Awarded a two-well contract in the U.S. Gulf of Mexico at $395,000 per day.
  • Deepwater Invictus – Awarded a one-well contract extension in the U.S. Gulf of Mexico at $305,000 per day.
  • Discoverer Inspiration – Awarded a one-well contract, plus two one-well options in the U.S. Gulf of Mexico at $290,000 per day.
  • Paul B Loyd, Jr. – Awarded a one-well contract in the U.K. North Sea at $160,000 per day.
The aggregate incremental backlog associated with these fixtures is approximately $87.7 million. As of February 14, the company’s total backlog is approximately $6.5 billion.
escveritas
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Re: Paul B Loyd, Jr.

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STEINHAUSEN, Switzerland, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today 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:
  • Deepwater Conqueror – Awarded a two-year contract in the U.S. Gulf of Mexico at $440,000 per day.
  • Deepwater Asgard – Awarded a one-well contract in the U.S. Gulf of Mexico at $395,000 per day plus a one-well option.
  • Deepwater Asgard – Awarded a one-year contract in the U.S. Gulf of Mexico at $440,000 per day.
  • Petrobras 10000 – Awarded a 5.8-year contract in Brazil at $399,000 per day escalating annually to $462,000 per day.
  • Development Driller III – Awarded a one-well contract in Suriname at $345,000 per day plus two one-well options.
  • Transocean Norge – Awarded a 17-well contract in Norway at dayrates between $350,000 and $430,000.
  • Dhirubhai Deepwater KG1 – Customer exercised a one-well option in India at $330,000 per day.
  • Paul B Loyd Jr – Customer exercised two 100-day options in the U.K. at $175,000 per day.
  • Transocean Spitsbergen – Customer exercised a one-well option in Norway at $316,000 per day.
The aggregate incremental backlog associated with these fixtures is approximately $1.6 billion. As of October 13, the company’s total backlog is approximately $7.3 billion.
escveritas
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Re: Paul B Loyd, Jr.

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Transocean Ltd. Announces Contract Awards and Extensions Totaling $488 Million
January 4, 2023

STEINHAUSEN, Switzerland, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced contract awards or extensions for five of its drilling rigs. Together, the fixtures represent approximately $488 million of firm backlog.

Deepwater Invictus, an ultra-deepwater drillship, was awarded a new three-well contract with an estimated 100-day duration in the U.S. Gulf of Mexico with an independent operator. The contract contributes an estimated $43 million in backlog and is expected to commence in direct continuation of the rig’s current program.

Transocean Barents, a harsh environment semi-submersible, was awarded a new one-well contract with an estimated 110-day duration in the U.K. North Sea with a major operator. The contract contributes an estimated $34 million in backlog and is expected to commence in the first quarter of 2023.

Additionally, Harbour Energy exercised the third option on its U.K. North Sea contract with Paul B. Loyd, Jr., a harsh environment semi-submersible, for eight P&A wells, adding an estimated $48 million in backlog. The additional term is expected to last 275 days and extends the contract to the third quarter of 2024.

In Norway, certain previously disclosed options under the Transocean Norge contract with Wintershall DEA and OMV have now been added to backlog. The incremental term is expected to last 773 days and contribute an estimated $331 million to backlog.

Finally, TotalEnergies exercised a one-well option on its contract with Development Driller III, an ultra-deepwater semi-submersible, working in Suriname. The incremental well is expected to last 90 days and contribute an estimated $32 million in backlog.
escveritas
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Re: Paul B Loyd, Jr.

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Transocean Ltd. Provides Quarterly Fleet Status Report
February 9, 2023

STEINHAUSEN, Switzerland, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Paul B. Loyd Jr. – Customer exercised an eight-well option in the U.K. North Sea at $175,000 per day.
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