Transocean : 4Q21 Operating and Maintenance (O&M) Costs
February 22, 2022 at 04:58 pm EST
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Transocean Ltd. and Subsidiaries
Operating and Maintenance Costs and Operating Days by Asset Class
December 31, 2021
(in millions, except day counts)
Operating and Maintenance Costs
4Q21
3Q21
2Q21
1Q21
4Q20
Ultra-deepwater floaters
$
257
$
228
$
206
$
215
$
256
Harsh environment floaters
128
126
181
167
169
Other costs*
45
44
47
53
40
Total operating and maintenance costs
$
430
$
398
$
434
$
435
$
464
Rig Operating Days
4Q21
3Q21
2Q21
1Q21
4Q20
Ultra-deepwater floaters
1,265
1,247
1,183
1,163
1,295
Harsh environment floaters
552
550
667
610
747
Total operating days
1,817
1,797
1,849
1,773
2,042
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 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 21:54:55 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.