Deepwater Invictus

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escveritas
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Deepwater Invictus

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According to Transocean fleet status report on July 21, 2021, BHP Billiton has exercised a one-well option from Aug 2021 to January 2022 in the U.S. Gulf of Mexico with a dayrate of USD 260,000
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Re: Deepwater Invictus

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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.
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Re: Deepwater Invictus

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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.
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Re: Deepwater Invictus

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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.

Deepwater Invictus – Awarded a three-well contract in the U.S. Gulf of Mexico at $425,000 per day.
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Re: Deepwater Invictus

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Transocean Ltd. Announces $518 Million Ultra-Deepwater Drillship Contract
July 18, 2023

STEINHAUSEN, Switzerland, July 18, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that an independent operator awarded a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico offshore Mexico. One of three drillships will be selected by Transocean from among Deepwater Invictus, Deepwater Thalassa, and Deepwater Proteus no later than one year prior to the earliest date in the commencement window.

The contract will contribute approximately $518 million in backlog, excluding revenue for mobilization and demobilization, and is expected to commence between the fourth quarter of 2025 and second quarter of 2026. The contractual dayrate is subject to a semi-annual cost adjustment mechanism with a baseline established as of July 1, 2023. There are no additional services provided under the contract.

“This award is especially encouraging on numerous fronts,” said Chief Executive Officer Jeremy Thigpen. “The fact that our customers are securing rigs well in advance of their programs and committing to long-term contracts clearly demonstrates the tightness of the market. Additionally, our ability to designate the specific rig closer to the commencement of the program provides us with increased flexibility to optimize the utilization of our high-specification fleet of ultra-deepwater drillships.”
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Re: Deepwater Invictus

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STEINHAUSEN, Switzerland, Oct. 18, 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.

This quarter’s report includes the following updates:
  • Deepwater Invictus – Awarded a 20-day contract in the U.S. Gulf of Mexico at a rate of $440,000. The well has been completed.
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Re: Deepwater Invictus

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STEINHAUSEN, Switzerland, Feb. 14, 2024 (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 Invictus – Awarded a 40-day contract in the U.S. Gulf of Mexico.
The aggregate incremental backlog associated with these fixtures is approximately $326 million. As of February 14, 2024, the company’s total backlog is approximately $9 billion.
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