Transocean : 1Q26 Operating and Maintenance (O&M) Costs

Published: 2026-05-04 18:19:13 ET RIG

Published on 05/04/2026 at 06:19 pm EDT

(in millions, except day counts)

Ultra-deepwater floaters

1Q26

$ 369

4Q25

$ 334

3Q25

$ 334

2Q25

$ 329

1Q25

$ 340

Harsh environment floaters

187

194

192

215

217

Other costs (a)

51

76

58

55

61

Total operating and maintenance costs

$ 606

$ 604

$ 584

$ 599

$ 618

Rig Operating Days

1Q26

4Q25

3Q25

2Q25

1Q25

Ultra-deepwater floaters

1,478

1,472

1,491

1,440

1,539

Harsh environment floaters

630

636

549

500

552

Total operating days (b)

2,108

2,108

2,040

1,940

2,091

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.

An operating day is defined as a day for which a rig is contracted to earn a dayrate during the firm contract period after operations commence.

Disclaimer

Transocean Ltd. published this content on May 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 04, 2026 at 22:18 UTC.