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Transocean Downtime Deductions

|Includes:Transocean Ltd. (RIG)

I Decided this info would clutter my article so I posted the info here with a link to it.

1Q14 Downtime Deductions

10,278,000

Discover Clearleader Down 18 Days

10,710,000

Dhirubhai Deepwater KG2 Down 21 Days

7,476,0000

Deepwater Frontier Down 14 Days

31,148,000

Deepwater Millennium Down 52 Days

9,648,000

GSF Development 2 Down 16 Days

35,036,000

Sedco 702 Down 76 Days

13,185,000

Transocean Legend Down 45 Days

2,800,000

Sedco 711 Down 8 Days

29,120,000

Transocean John Shaw Down 80 Days

12,369,000

Sedco 714 Down 31 Days

30,600,000

GSF Grand Banks Down 75 Days

10,885,000

Sedneth 701 Down 35 Days

1,050,000

GSF Constellation I Down 7 Days

4,641,000

GSF Galaxy I Down 21 Days

1,930,000

GSF Galaxy II Down 10 Days

Total= 210,876,000

 

4Q13 Downtime Deductions

4,170,000

Dayrate Increased From 456,000 to 595,000 30 days later than expected

14,291,000

Deep-water Discovery Down 31 days

18,000,000

Cajun Express Down 30 days

50,065,000

GSF Development Driller Down 85 Days

34,114,000

Sedco 702 Down 74 Days

3,675,000

Jack Bates Down 7 days

32,200,000

Sedco 711 Down 92 Days

6,840,000

Sedco 712 Down 18 Days

2,448,000

GSF Grand Banks Down 6 Days

24,765,000

Sedco 704 Down 65 Days

20,332,000

GSF Galaxy 1 Down 92 Days

2,296,000

GSF Monarch Down 14 Days

Total=213,196,000

 

Disclosure: I am long RIG.

Additional disclosure: Im long rig puts

Stocks: RIG