Operating and Maintenance Costs and Operating Days by Asset Class
September 30, 2021
(in millions, except day counts)
Operating and Maintenance Costs
3Q21
2Q21
1Q21
4Q20
3Q20
Ultra-deepwater floaters
$
228
$
206
$
215
$
256
$
236
Harsh environment floaters
126
181
167
169
172
Other costs*
44
47
53
40
62
Total operating and maintenance costs
$
398
$
434
$
435
$
465
$
470
Rig Operating Days
2Q21
1Q21
4Q20
3Q20
2Q20
Ultra-deepwater floaters
1,247
1,183
1,163
1,295
1,494
Harsh environment floaters
550
667
610
747
813
Total operating days
1,797
1,849
1,773
2,042
2,307
Other costs:
Includes all shorebase and common support costs such as onshore offices, yards, other direct costs including labor pools and equipment, and certain newbuild expenses prior to commencement of operations, and costs of assets held for sale.
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Transocean Ltd. published this content on 01 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2021 21:18:11 UTC.
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The Company's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.