Join our crew and become one of the 104,319 members that receive our newsletter.

Transocean Lands 11-Well Contract for ‘GSF Development Driller I’ in Australia

Transocean Lands 11-Well Contract for ‘GSF Development Driller I’ in Australia

GCaptain
Total Views: 110
July 17, 2018

GSF Development Driller I. Photo: MarineTraffic.com / Graham Curran

Offshore drilling contractor Transocean says its ultra-deepwater semi-submersible GSF Development Driller 1 has been awarded an 11-well contract offshore Australia for Chevron.

The contract is expected to commence in the first half of 2019 and will span approximately 955 days.

Transocean said the firm contract backlog amounts to approximately $158 million excluding integrated services, amounting to a day rate of approximately $165,400 per day. The contract includes four one-well options.

GSF Development Driller 1 is currently under six-month contract with Quadrant Energy ending in September 2018, according to Transocean’s latest Fleet Statu report. In November, it will commence a 1-well, two-month contract with PTTEP, also in Australia.

Transocean owns or has partial ownership interests in, and operates a fleet of 43 mobile offshore drilling units consisting of 24 ultra-deepwater floaters, 12 harsh environment floaters, two deepwater floaters and five midwater floaters. It is also constructing two ultra-deepwater drillships and one harsh environment semisubmersible in which the company has a one-third interest.

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 104,319 members delivered daily straight to your inbox.

Join Our Crew

Join the 104,319 members that receive our newsletter.