In its latest fleet status report issued 25 July, Transocean noted several new contracts. Among them, the company was awarded a 10-well contract in Angola from Total Energies for the Deepwater Skyros drillship at a rate of $310,000/day. It also netted a two-well contract extension from Woodside for its Deepwater Invictus drillship in the US Gulf of Mexico at $375,000/day.
Transocean listed two updates for its Transocean Spitsbergen harsh-environment semisubmersible. Operator Equinor exercised two one-well options in Norway at $305,000/day for the rig, as well as an additional nine-well firm contract at $335,000/day that includes two one-well options at $375,000/day. The Paul B Loyd Jr harsh-environment semisubmersible was awarded a one-well contract, plus two one-well options and an eight-well option for plugging and abandonment services in the UK, each at $175,000/day.
The company’s Dhirubhai Deepwater KG1 drillship was awarded an estimated 86-day contract extension plus up to four option wells (270 days) in India at $330,000/day by Reliance. The Deepwater Mykonos drillship was awarded a 435-day contract, plus options up to an incremental 279 days in Brazil at approximately $364,000/day by an unnamed operator.
The aggregate incremental backlog associated with these contracts is approximately $650 million. As of 25 July, the company’s total backlog is approximately $6.2 billion.