Operator
Good day, and welcome to the Q2 2021 Transocean earnings conference call. Today s conference is being recorded. At this time, I would like to turn the conference over to Lex May, manager of investor relations. Please go ahead.
Lex May
Manager of Investor Relations
Thank you, Madison. Good morning, and welcome to Transocean s second-quarter 2021 earnings conference call. A copy of our press release covering financial results, along with supporting statements and schedules, including reconciliations and disclosures regarding non-GAAP financial measures are posted on our website at deepwater.com. Joining me on this morning s call are Jeremy Thigpen, president and chief executive officer; Mark Mey, executive vice president and chief financial officer; Keelan Adamson, executive vice president and chief operations officer; and Roddie Mackenzie, senior vice president of marketing, innovation and industry relations.
GoM: Transocean announces two contract awards in the U.S. Gulf of Mexico
28 Jul 2021
The
Deepwater Conqueror was awarded a one-well contract with a major operator in the U.S. Gulf of Mexico. The value of this contract adds approx. 85 days and $28.5 million in backlog.
Additionally, the
Deepwater Asgardwas awarded a one-well contract with another operator in the U.S. Gulf of Mexico. The value of this contract adds approx. 90 days and $27 million in backlog and includes $40,000 per day for managed pressure drilling services.
Both contracts are expected to commence in the first quarter of 2022.
Deepwater Conqueror - Credit: Ned OConnor/MarineTraffic.com
Offshore drilling firm Transocean said Wednesday it had secured contracts for two offshore drilling rigs in the Gulf of Mexico. The contracts are worth $55.5 million in total.
Transocean said that its Deepwater Conqueror drillship had won a one-well contract with a major operator in the U.S. Gulf of Mexico. The value of this contract adds approximately 85 days and $28.5 million in the backlog, Transocean said, without sharing the identity of the client. Deepwater Conqueror is a DSME 12000 ultra-deepwater drillship, built/upgraded in 2016/2017 by DSME in South Korea.
The Deepwater Conqueror is currently in the Gulf of Mexico, under a $579,000 a day charter with Chevron. This contract expires in December. No date was given for the start-up of the contract with the unnamed major operator.
Transocean Awarded 2 Contracts in USA Gulf of Mexico rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.