Transocean Ltd. (RIG)

[Mother Lode]

Fleet status report

This quarter’s report includes the following updates:

• Deepwater Corcovado – Awarded a four-year contract in Brazil at a current rate of $400,000 per
day, as adjusted for foreign currency exchange.
• Deepwater Orion – Awarded a three-year contract in Brazil at current rate of $417,000 per day, as
adjusted for foreign currency exchange.
• Dhirubhai Deepwater KG2 – Awarded a 910-day contract in Brazil at a current rate of $439,000 per
day, as adjusted for foreign currency exchange.
• Deepwater Invictus – Awarded a three-well contract in the U.S. Gulf of Mexico at $425,000 per day.
• Transocean Barents – Awarded a one-well contract in the U.K. North Sea at $310,000 per day.
• Transocean Norge – Certain previously disclosed options in Norway have been added to backlog at
current dayrates between $414,000 and $424,000 per day, as adjusted for foreign currency exchange.
• Development Driller III – Customer exercised a one-well option in Suriname at $360,000 per day.
• Deepwater Asgard – Customer exercised a one-well option in the U.S. Gulf of Mexico at $395,000
per day.
• Paul B. Loyd Jr. – Customer exercised an eight-well option in the U.K. North Sea at $175,000 per day

The aggregate incremental backlog associated with these fixtures is approximately $1.9 billion. As of
February 9, the company’s total backlog is approximately $8.5 billion