US offshore drilling giant Transocean has been awarded significant contracts in the US Gulf of Mexico, as well as multiple contract extensions.
In the US Gulf the drillship Deepwater Conqueror was awarded by US supermajor Chevron a three-well contract starting in January 2022, according to the Houston-based drillers latest fleet report.
The Deepwater Conquerer is currently drilling on Chevron’s Jack field under a contract ending in December 2021.
The drillship Deepwater Asgard was awarded a one-well contract by an undisclosed operator for work in the US Gulf starting in January 2022.
The drillship is currently under contract with privately held Beacon Offshore until the end of October 2021.
The Australian operator BHP awarded a one-well contract extension for the drillship Deepwater Invictus for work in the US Gulf starting in March 2022.
The drillship is currently under a contract that started in October 2021 with BHP for a day rate of US$260,000 and will increase to $295,000 under the extended contract.
BHP also exercised an option for the semi-submersible Development Driller III for one well in Trinidad.
South Korea’s Posco International exercised a one-well option for the semi-submersible Deepwater Nautilus for one well.
As reported by Upstream in April, Posco contracted the rig for work developing the Shwe gas field offshore Myanmar.
In August, Transocean was awarded a ground-breaking $252 million contract by US independent Beacon Offshore to charter the Deepwater Atlas.
The ultra-deepwater drillship rig will be used for high-pressure drilling duties on the privately owned player's ultra-deepwater Shenandoah project in the US Gulf of Mexico.
As of 25 October 2021, the company said its total backlog is $7.1 billion.
