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Transocean Reports Fleet Status

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July 19, 2012

Transocean Ltd. (RIG) (RIGN.VX) issued a comprehensive Fleet Status Report which provides current status and contract information for the company's entire fleet of offshore drilling rigs. Since the June update, backlog associated with new contracts or extensions is approximately $1.5 billion and 2012 estimated out of service time increased by a net 16 days.

Highlights are as follows:

• Discoverer Deep Seas - Awarded a three-year contract for work in the U.S. Gulf of Mexico at a dayrate of $595,000 ($652 million contract backlog). The rig's prior contract dayrate was ...

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