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Transocean Received Two-Well Contract From Undisclosed Operator In Equatorial Guinea This Quarter, Five-Well Contract By Undisclosed U.S. Gulf Operator; Total Backlog Is ~$8B As Of Nov. 2
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Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current activity and contractual status of the Company’s fleet of offshore drilling rigs.

UPDATES
This quarter’s report includes the following updates:

  • Deepwater Conqueror –
    • Awarded a two-well contract with an undisclosed operator in Equatorial Guinea.
    • Awarded a five-well contract by an undisclosed operator in the U.S. Gulf.
  • Deepwater Proteus –
    • Client exercised one optional well estimated at 60 days.
    • Awarded a ten-well contract by an unnamed operator in the U.S. Gulf.
  • Dhirubhai Deepwater KG2 – Announced a two-year binding Letter of Award with ONGC in India.
  • Transocean Norge – Awarded a two-well contract with one single-well option by A/S Norske Shell in Norway.
  • Transocean Equinox – Client exercised one optional well estimated at 50 days.
  • As of November 2, 2026, the Company’s total backlog is approximately $8.0 billion.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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