signature=f29bbddb8b546016d818be34e8791193,Form 8-K

Transocean Ltd. Fleet Status Report

Exhibit 99.1

dbf5941cc8061a3802c898fc797263cd.png

Fleet Status

Report

April 14, 2011

Transocean Ltd. (NYSE: RIG), (SIX:

RIGN)

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Dynamically positioned *

Floater

Type

Yr.

(1)

Entered

Service

Water

Depth

(Feet)

Drilling

Depth

(Feet)

Estimated

Contract

Start

Date (2)

Estimated

Expiration

Date (2)

Dayrate

on

Current

Contract (3)

(Dollars)

Dayrate

on

Previous

Contract

(3)

(Dollars)

Location

Customer

Estimated Out of Service Days (4)

Rig Type/Name

Q1 2011

Q2 2011

Q3 2011

Q4 2011

Rigs Under Construction (4)

Deepwater Champion (6)

ship*

TBA

12,000

40,000

See Footnote 11

ExxonMobil

See Footnote 11

See Footnote 11

See Footnote 11

N/A

Keppel FELS Super B Class Jackup TBN1

TBA

350

35,000

Thailand

Chevron

See Footnote 12

See Footnote 12

See Footnote 12

N/A

Keppel FELS Super B Class Jackup TBN2

TBA

350

35,000

Thailand

Chevron

See Footnote 13

See Footnote 13

See Footnote 13

N/A

Transocean Honor

TBA

400

30,000

See Footnote 14

See Footnote 14

See Footnote 14

See Footnote 14

See Footnote 14

N/A

High Specification Floaters:

Ultra-Deepwater (26)

Discoverer Americas(6)

ship*

2009

12,000

40,000

USGOM

Statoil

Mar-11

Feb-14

486,000

486,000

Discoverer Clear Leader(6),

(15)

ship*

2009

12,000

40,000

USGOM

Chevron

Sep-10

Jul-14

503,000

503,000

14

Discoverer Inspiration(6)

ship*

2010

12,000

40,000

USGOM

Chevron

Sep-10

Feb-15

494,000

494,000

Dhirubhai Deepwater KG1(16)

ship*

2009

12,000

35,000

India

Reliance

Aug-09

Jul-14

510,000

N/A

8

Dhirubhai Deepwater KG2 (16)

ship*

2010

12,000

35,000

India

Reliance

Mar-10

Feb-15

510,000

N/A

5

Discoverer India(17)

ship*

2010

12,000

40,000

India

Reliance

Dec-10

Nov-20

508,000

N/A

Petrobras 10000 (6), (7), (8)

ship*

2009

12,000

37,500

Brazil

Petrobras

Feb-11

Aug-19

442,000

N/A

Discoverer Deep Seas(6)

ship*

2001

10,000

35,000

USGOM

Chevron

Feb-11

Feb-13

450,000

517,000

42

Discoverer Enterprise(6)

ship*

1999

10,000

35,000

USGOM

BP

Jan-11

Jul-12

435,000

523,000

Discoverer Spirit(6)

ship*

2000

10,000

35,000

USGOM

Anadarko

Dec-07

Apr-11

507,000

298,000

Apr-11

Apr-14

520,000

507,000

GSF C.R. Luigs(6)

ship*

2000

10,000

35,000

USGOM

BHP Billiton

Sep-09

Feb-14

519,000

411,000

GSF Jack Ryan (6)

ship*

2000

10,000

35,000

Nigeria

Total

Jun-09

Jul-13

425,000

297,000

15

32

Deepwater Discovery (6), (7)

ship*

2000

10,000

30,000

Brazil

Devon

Oct-09

Jan-14

463,000

425,000

90

44

Deepwater Frontier

ship*

1999

10,000

30,000

India

Reliance

Feb-11

May-11

477,000

477,000

10

92

8

Australia

ExxonMobil

Sep-11

Nov-13

475,000

(6)

477,000

Deepwater Millennium(6)

ship*

1999

10,000

30,000

Ghana

Anadarko

Nov-10

Jul-11

576,000

543,000

Brazil

Anadarko

Jul-11

May-13

561,000

(7)

576,000

Deepwater Pathfinder (6)

ship*

1998

10,000

30,000

USGOM

Eni

Aug-10

Apr-15

659,000

550,000

51

Deepwater Expedition

ship*

1999

8,500

30,000

Malaysia

Petronas/BHP

Dec-10

Jan-14

640,000

(6)

375,000

16

Cajun Express(6), (7), (18)

semi*

2001

8,500

35,000

Brazil

Petrobras

May-10

Jun-13

542,000

493,000

Deepwater Nautilus(6)

semi*

2000

8,000

30,000

USGOM

Shell

Dec-08

Jul-12

550,000

493,000

GSF Explorer

ship*

1972/1998

7,800

30,000

Indonesia

Marathon-led

Consortium

May-10

Jul-12

510,000

426,000

Discoverer Luanda (6), (28)

ship*

2010

7,500

40,000

Angola

BP

Jan-11

Jan-18

430,000

N/A

GSF Development Driller I (6)

semi*

2005

7,500

37,500

USGOM

BHP Billiton

Jun-08

Oct-12

513,000

220,000

GSF Development Driller II (6)

semi*

2005

7,500

37,500

USGOM

BP

Nov-08

Nov-13

580,000

208,000

88

Development Driller III (6)

semi*

2009

7,500

37,500

USGOM

BP

Nov-09

Nov-16

403,000

N/A

14

Sedco Energy

semi*

2001

7,500

35,000

Canary Islands

31

75

Sedco Express (6)

semi*

2001

7,500

35,000

Israel

Noble Energy

Sep-10

Dec-11

530,000

188,000

Israel

Israel Oil Company

Apr-12

Jun-12

490,000

530,000

Total Estimated Days Out of Service

333

175

119

8

Estimated Average Contract Dayrate(5)

$

502,000

$

515,000

$

517,000

$

515,000

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Dynamically positioned *

Floater

Yr. (1)

Entered

Water

Depth

Drilling

Depth

Estimated

Contract

Start

Estimated

Expiration

Dayrate on

Current

Contract (3)

Dayrate

on

Previous

Contract (3)

Estimated Out of Service Days (4)

Rig Type/Name

Type

Service

(Feet)

(Feet)

Location

Customer

Date (2)

Date (2)

(Dollars)

(Dollars)

Q1 2011

Q2 2011

Q3 2011

Q4 2011

Deepwater (16)

Deepwater Navigator (7), (8)

ship*

1971/2000

7,200

25,000

Brazil

Petrobras

May-11

Feb-17

379,000

190,000

90

91

30

Discoverer 534

ship*

1975/1991

7,000

25,000

Malaysia

Idle

Discoverer Seven Seas

ship*

1976/1997

7,000

25,000

India

ONGC

Jul-08

Jun-11

316,000

292,000

Transocean Marianas (6)

semi

1979/1998

7,000

25,000

Ghana

Eni

Feb-11

Dec-12

450,000

565,000

Sedco 706 (6), (7)

semi*

1976/1994/

2008

6,500

25,000

Brazil

Chevron

Apr-09

Apr-14

311,000

N/A

14

Sedco 702 (6), (7)

semi*

1973/2007

6,500

25,000

Nigeria

Shell

Mar-08

Feb-12

354,000

N/A

14

7

Sedco 707 (7), (8)

semi*

1976/1997

6,500

25,000

Brazil

Petrobras

Nov-09

Mar-15

405,000

188,000

GSF Celtic Sea

semi

1982/1998

5,750

25,000

Angola

ExxonMobil

May-11

May-12

320,000

486,000

40

58

Angola

ExxonMobil

May-12

May-13

324,000

320,000

Angola

ExxonMobil

May-13

May-14

328,000

324,000

Jack Bates

semi

1986/1997

5,400

30,000

Australia

Hess

Sep-10

Apr-11

420,000

375,000

41

61

Australia

Hess

Aug-11

Mar-12

380,000

420,000

Sedco 709

semi*

1977/1999

5,000

25,000

Malaysia

Stacked

M.G. Hulme, Jr.

semi

1983/1996

5,000

25,000

Malaysia

Idle

Transocean Richardson

semi

1988

5,000

25,000

Malaysia

Stacked

Jim Cunningham

semi

1982/1995

4,600

25,000

Malaysia

Stacked

Sedco 710 (7), (8)

semi*

1983/2001

4,500

25,000

Brazil

Petrobras

Oct-10

Jan-17

292,000

128,000

Transocean Rather

semi

1988

4,500

25,000

Angola

ExxonMobil

Sep-10

May-11

428,000

257,000

May-11

Jun-11

437,000

428,000

Jun-11

Aug-11

256,000

437,000

Aug-11

Sep-12

437,000

256,000

Sovereign Explorer

semi

1984

4,500

25,000

USGOM

Stacked

Total Estimated Days Out of Service

144

197

91

14

Estimated Average Contract Dayrate(5)

$

375,000

$

367,000

$

357,000

$

371,000

Harsh Environment (5)

Henry Goodrich (6)

semi

1985/2007

5,000

30,000

Canada

Husky

Oct-10

Jan-14

335,000

381,000

31

Transocean Leader (6), (7)

semi

1987/1997

4,500

25,000

NNS

Statoil

Sep-09

Feb-12

468,000

340,000

Feb-12

Feb-15

402,000

468,000

Paul B. Loyd, Jr. (6), (7)

semi

1990

2,000

25,000

UKNS

BP

Apr-09

Mar-12

509,000

312,000

85

Mar-12

Mar-13

345,000

509,000

Transocean Arctic (6), (7)

semi

1986

1,650

25,000

NNS

Statoil

Jan-07

Apr-12

297,000

195,000

NNS

Rig

Management

Norway

May-12

Apr-13

390,000

(20)

297,000

Polar Pioneer (6), (7)

semi

1985

1,500

25,000

NNS

Statoil

Feb-10

Jan-14

513,000

309,000

Total Estimated Days Out of Service

85

31

Estimated Average Contract Dayrate(5)

$

403,000

$

424,000

$

424,000

$

431,000

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Dynamically positioned *

Rig Type/Name

Floater

Yr. (1)Entered

Water

Depth

Drilling

Depth

Estimated

Contract

Start

Estimated

Expiration

Dayrate on

Current

Contract (3)

Dayrate on

Previous

Contract (3)

Estimated Out of Service Days (4)

Type

Service

(Feet)

(Feet)

Location

Customer

Date (2)

Date (2)

(Dollars)

(Dollars)

Q1 2011

Q2 2011

Q3 2011

Q4 2011

Midwater Floaters (25)

Sedco 700

semi

1973/1997

3,600

25,000

Malaysia

Stacked

Transocean Legend

semi

1983

3,500

25,000

Aus./Timor Leste

Eni

Jun-10

Sep-11

315,000

300,000

7

20

Transocean Amirante(6), (21)

semi

1978/1997

3,500

25,000

USGOM

Eni

Jul-08

May-11

364,000

325,000

GSF Arctic I (6), (7)

semi

1983/1996

3,400

25,000

Brazil

Starfish

Jan-11

Jul-11

250,000

287,000

14

47

C. Kirk Rhein, Jr.

semi

1976/1997

3,300

25,000

Malaysia

Stacked

Transocean Driller (7), (8)

semi

1991

3,000

25,000

Brazil

Petrobras

Jul-10

Jul-16

268,000

116,000

GSF Rig 135

semi

1983

2,800

25,000

Nigeria

Addax Petroleum

Apr-11

Jun-11

264,000

N/A

59

29

Nigeria

Addax Petroleum

Jun-11

Sep-11

254,000

(27)

264,000

GSF Rig 140 (6)

semi

1983

2,800

25,000

Eq. Guin.

ExxonMobil

Dec-09

May-11

435,000

256,000

10

Falcon 100(7), (8)

semi

1974/1999

2,400

25,000

Brazil

Petrobras

Mar-08

Mar-13

259,000

180,000

35

89

GSF Aleutian Key

semi

1976/1999/ 2001

2,300

25,000

Gabon

Stacked

Sedco 703

semi

1973/1995

2,000

25,000

Malaysia

Stacked

Sedco 711(7)

semi

1982

1,800

25,000

UKNS

Shell

Jan-11

Oct-11

419,000

383,000

Transocean John Shaw (7)

semi

1982

1,800

25,000

UKNS

Enquest

Jan-11

Jul-11

244,000

228,000

GSF Arctic III (6), (7)

semi

1984

1,800

25,000

UKNS

ExxonMobil

Jul-10

Aug-11

254,000

N/A

Sedco 712

semi

1983

1,600

25,000

UKNS

Stacked

Sedco 714 (7)

semi

1983/1997

1,600

25,000

UKNS

Total

Dec-10

Jun-11

255,000

394,000

Jun-11

Dec-11

253,000

255,000

GSF Grand Banks (6) (8)

semi

1984

1,500

25,000

Canada

Husky

Jan-11

Jan-13

295,000

356,000

Actinia

semi

1982

1,500

25,000

Malaysia

Idle

Sedco 601

semi

1983

1,500

25,000

Malaysia

Stacked

Sedneth 701

semi

1972/1993

1,500

25,000

Gabon

Harvest Natural Resources

Apr-11

May-11

210,000

N/A

Transocean Winner (6), (7)

semi

1983

1,500

25,000

NNS

Lundin

Apr-10

Oct-12

481,000

390,000

61

12

Transocean Searcher (6), (7)

semi

1983/1988

1,500

25,000

NNS

Statoil

May-09

Apr-12

432,000

395,000

NNS

BG

May-12

Jul-13

380,000

(29)

432,000

Transocean Prospect (7)

semi

1983/1992

1,500

25,000

UKNS

ADTI

Feb-11

Apr-11

See Footnote 9

N/A

29

J.W. McLean

semi

1974/1996

1,250

25,000

UKNS

Stacked

Sedco 704

semi

1974/1993

1,000

25,000

UKNS

ADTI

Jan-11

Aug-11

See Footnote 9

417,000

UKNS

ADTI

Aug-11

Sep-11

See Footnote 9

See Footnote 9

Total Estimated Days Out of Service

144

148

61

59

Estimated Average Contract Dayrate(5)

$

318,000

$

321,000

$

309,000

$

332,000

High Specification Jackups (9)

GSF Constellation I (6)

2003

400

30,000

Gabon

Total

Dec-10

Mar-12

100,000

110,000

26

GSF Constellation II (22)

2004

400

30,000

Egypt

Pharonic Petroleum Company

Feb-10

Oct-11

109,000

194,000

59

GSF Galaxy I

1991/2001

400

30,000

UKNS

Stacked

GSF Galaxy II

1998

400

30,000

UKNS

45

GSF Galaxy III (6), (7)

1999

400

30,000

UKNS

Nexen

Oct-07

Sep-11

110,000

100,000

UKNS

Nexen

Sep-11

Sep-12

148,000

110,000

GSF Baltic (6), (7)

1983

375

25,000

Nigeria

ExxonMobil

Jun-10

Jun-12

100,000

248,000

GSF Magellan

1992

350

30,000

Holland

66

53

GSF Monarch(6)

1986

350

30,000

Denmark

Maersk Oil

Jun-11

Jun-12

93,000

N/A

GSF Monitor

1989

350

30,000

Nigeria

Total

Mar-11

Jun-11

110,000

N/A

69

Total Estimated Days Out of Service

220

98

Estimated Average Contract Dayrate(5)

$

112,000

$

105,000

$

102,000

$

110,000

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Dynamically positioned *

Rig Type/Name

Floater

Yr. (1)

Entered

Water

Depth

Drilling

Depth

Estimated

Contract

Start

Estimated

Expiration

Dayrate on

Current

Contract (3)

Dayrate on

Previous

Contract (3)

Estimated Out of Service Days (4)

Type

Service

(Feet)

(Feet)

Location

Customer

Date (2)

Date (2)

(Dollars)

(Dollars)

Q1 2011

Q2 2011

Q3 2011

Q4 2011

Standard Jackups (52) - See Footnote 19

Trident IX

1982

400

21,000

Malaysia

Idle

Trident 17

1983

300

25,000

Malaysia

Stacked

GSF Adriatic II

1981

350

25,000

Gabon

Stacked

GSF Adriatic IX

1981

350

25,000

Nigeria

Afren

Jan-11

Jul-11

92,000

90,000

Nigeria

Afren

Jul-11

Jul-12

100,000

92,000

GSF Adriatic X

1982

350

30,000

Egypt

90

69

GSF Key Manhattan

1980

350

25,000

Italy

Eni

Apr-10

Apr-13

137,000

N/A

GSF Key Singapore

1982

350

25,000

Egypt

Stacked

GSF Adriatic VI

1981

328

25,000

Gabon

Stacked

GSF Adriatic VIII

1983

328

25,000

Gabon

Stacked

C.E. Thornton (7)

1974

300

25,000

India

ONGC

Oct-08

Oct-11

131,000

45,000

D.R. Stewart

1980

300

25,000

Croatia

Stacked

F.G. McClintock

1975

300

25,000

India

ONGC

Oct-08

Sep-11

145,000

50,000

G.H. Galloway

1984

300

25,000

Croatia

Stacked

GSF Adriatic I

1981

300

25,000

Gabon

Stacked

GSF Adriatic V

1979

300

25,000

Gabon

Stacked

GSF Adriatic XI

1983

300

25,000

Malaysia

Stacked

GSF Compact Driller

1992

300

25,000

Thailand

Chevron

Oct-09

Apr-12

100,000

(23)

196,000

11

Apr-12

Dec-12

100,000

100,000

(23)

GSF Galveston Key

1978

300

25,000

Vietnam

Cuu Long JOC

Mar-10

Mar-11

100,000

202,000

Vietnam

Cuu Long JOC

Mar-11

Nov-11

103,000

100,000

GSF Key Gibraltar

1976/1996

300

25,000

Thailand

Chevron

Jul-11

Jul-14

105,000

(23)

N/A

90

76

9

GSF Key Hawaii

1982

300

25,000

Qatar

Maersk Oil

Apr-10

Apr-11

70,000

N/A

GSF Main Pass I

1982

300

25,000

Saudi Arabia

Saudi Aramco

Jul-07

Jun-11

164,000

100,000

GSF Main Pass IV

1982

300

25,000

Saudi Arabia

Saudi Aramco

Aug-07

Jul-11

164,000

100,000

GSF Parameswara

1983

300

20,000

Indonesia

Total

Nov-09

Dec-12

122,000

168,000

GSF Rig 134

1982

300

20,000

Malaysia

Stacked

GSF Rig 136

1982/1999/

2002

300

25,000

Malaysia

Stacked

Harvey H. Ward

1981

300

25,000

Malaysia

Idle

Interocean III

1978/1993

300

25,000

Egypt

Stacked

J.T. Angel

1982

300

25,000

India

ONGC

May-10

May-13

65,000

N/A

14

Randolph Yost

1979

300

25,000

India

Stacked

Roger W. Mowell

1982

300

25,000

Malaysia

Stacked

Ron Tappmeyer

1978

300

25,000

India

ONGC

Jun-10

Jun-13

65,000

64,000

30

Transocean Shelf Explorer

1982

300

20,000

Malaysia

Stacked

Transocean Nordic

1984

300

25,000

Malaysia

Stacked

Trident 15

1982

300

25,000

Thailand

Chevron

Feb-10

Feb-12

100,000

(24)

100,000

Feb-12

Jun-13

100,000

100,000

(24)

Trident 16 (6)

1982

300

25,000

Vietnam

Petronas Carigali

Feb-08

Apr-11

189,000

195,000

14

Malaysia

Petronas Carigali

Apr-11

Jul-11

180,000

189,000

Trident II

1977/1985

300

25,000

India

ONGC

Mar-10

Apr-15

78,000

140,000

14

Trident IV-A

1980/1999

300

25,000

Gabon

Stacked

Trident VIII

1981

300

21,000

Gabon

Perenco

Nov-10

Aug-11

85,000

83,000

Trident XII

1982/1992

300

25,000

India

ONGC

May-10

May-13

65,000

140,000

30

Trident XIV(7)

1982/1994

300

25,000

Angola

Chevron

Jan-11

May-11

154,000

151,000

GSF High Island II

1979

270

20,000

Saudi Arabia

Saudi Aramco

Jul-07

Jul-11

164,000

100,000

GSF High Island IV

1980/2001

270

20,000

Saudi Arabia

Saudi Aramco

May-07

Apr-11

164,000

107,000

GSF High Island V

1981

270

20,000

Gabon

Stacked

GSF High Island IX

1983

250

20,000

Ghana

Stacked

GSF High Island VII

1982

250

20,000

Nigeria

Afren

Dec-10

Sep-11

88,000

88,000

10

GSF Rig 103

1974

250

20,000

Egypt

Stacked

GSF Rig 105

1975

250

20,000

Egypt

Petrobel

Jan-11

Feb-12

62,000

112,000

GSF Rig 124

1980

250

20,000

Egypt

Idle

GSF Rig 127

1981

250

20,000

Bahrain

Stacked

GSF Rig 141

1982

250

20,000

Egypt

Idle

Transocean Comet

1980

250

20,000

Egypt

GUPCO

Sep-09

Sep-11

50,000

112,000

Trident VI

1981

220

21,000

Malaysia

Stacked

Total Estimated Days Out of Service

180

224

9

44

Estimated Average Contract Dayrate(5)

$

111,000

$

110,000

$

99,000

$

94,000

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Dynamically positioned *

Rig Type/Name

Floater

Type

Yr.

(1)

Entered

Service

Water

Depth(Feet)

Drilling

Depth(Feet)

Location

Customer

Estimated

Contract

Start

Date (2)

Estimated

Expiration

Date (2)

Dayrate on

Current

Contract (3)(Dollars)

Dayrate on

Previous

Contract (3)(Dollars)

Estimated Out of Service

Days (4)

Q1

2011

Q2

2011

Q3

2011

Q4

2011

Swamp Barges (2)

Searex 4

1981/1989

21

25,000

Singapore

Stacked

Hibiscus (6), (25)

1979/1993

25

20,000

Indonesia

Total

Oct-07

Nov-12

72,000

74,000

6

1

Other (1)

Joides Resolution (6), (26)

ship*

1978

27,000

30,000

Worldwide

TAMRF

Jan-09

Nov-13

68,000

35,000

Fixed-Price Options

(10)

High Specification Floaters:

Ultra-Deepwater

Discoverer Enterprise (6)

ship*

1999

10,000

35,000

USGOM

BP

Aug-12

Jan-13

435,000

435,000

GSF Explorer

ship*

1972/1998

7,800

30,000

Indonesia

Marathon-led Consortium

Jul-12

Oct-12

510,000

510,000

Harsh Environment

Transocean Leader (6), (7)

semi

1987/1997

4,500

25,000

NNS

Statoil

Feb-15

Feb-16

390,000

390,000

Paul B. Loyd, Jr. (6), (7)

semi

1990

2,000

25,000

UKNS

BP

Mar-13

Jun-13

345,000

345,000

Jun-13

Sep-13

345,000

345,000

Transocean Arctic (6), (7),

(20)

semi

1986

1,650

25,000

NNS

Rig Management Norway

Apr-13

Dec-13

395,000

390,000

NNS

Rig Management Norway

Dec-13

Dec-14

399,000

395,000

Midwater Floaters

Transocean Legend

semi

1983

3,500

25,000

Aus./Timor Leste

Eni

Sep-11

Mar-12

298,000

315,000

GSF Rig 135

semi

1983

2,800

25,000

Nigeria

Addax Petroleum

Aug-11

Jan-12

254,000

(27)

254,000

Transocean Searcher (6), (7)

semi

1983/1988

1,500

25,000

NNS

BG

Jul-13

Jan-15

370,000

(29)

380,000

High Specification Jackups

GSF Constellation II (22)

2004

400

30,000

Egypt

Pharaonic Petroleum Company

Oct-11

Jan-12

115,000

109,000

Mar-12

Sep-12

100,000

115,000

GSF Galaxy III (6), (7)

1999

400

30,000

UKNS

Nexen

Sep-12

Mar-13

148,000

148,000

GSF Monarch (6)

1986

350

30,000

Denmark

Maersk Oil

Jun-12

Sep-12

93,000

93,000

Sep-12

Dec-12

93,000

93,000

Dec-12

Mar-13

93,000

93,000

Mar-13

Jun-13

93,000

93,000

GSF Monitor

1989

350

30,000

Nigeria

Total

Jun-11

Oct-11

110,000

110,000

Standard Jackups

Transocean Comet

1980

250

20,000

Egypt

GUPCO

Sep-11

Oct-12

50,000

110,000

Other

Joides Resolution (6)

ship*

1978

27,000

30,000

Worldwide

TAMRF

Nov-13

Sep-23

68,000

68,000

Revenue Efficiency

Revenue Efficiency is defined as actual contract drilling revenue divided by the highest amount of total contract drilling revenue which could have been earned during the relevant period(s) expressed as a

percentage. Revenue Efficiency measures how much revenue we have earned against our maximum potential revenue per the contract. Revenue Efficiency does not apply during Out of Service Days (Shipyard, Mobilizations, Demobilizations, Contract

Preparation). The following table has been restated for Caspian Sea discontinued operations.

Q4 2010 Actual

Q3 2010 Actual

Q2 2010 Actual

Q1 2010 Actual

Q4 2009 Actual

Q3 2009 Actual

Q2 2009 Actual

Q1 2009 Actual

Ultra Deepwater

86.1

%

86.5

%

89.1

%

92.2

%

92.2

%

92.7

%

97.7

%

95.3

%

Deepwater

88.6

%

90.1

%

92.8

%

89.7

%

91.9

%

91.3

%

83.2

%

92.3

%

Harsh Environment Floaters

96.1

%

96.4

%

96.9

%

94.8

%

97.7

%

97.2

%

97.9

%

97.9

%

Midwater Floaters

85.0

%

96.2

%

93.9

%

94.7

%

95.1

%

97.4

%

91.9

%

91.0

%

High Specification Jackups

97.7

%

93.3

%

98.9

%

92.5

%

98.2

%

94.7

%

94.7

%

97.3

%

Standard Jackups

98.9

%

96.4

%

97.3

%

97.1

%

93.7

%

98.4

%

95.3

%

97.0

%

Others

96.1

%

99.6

%

98.5

%

99.5

%

98.7

%

84.8

%

99.5

%

93.2

%

Total Fleet

88.7

%

91.8

%

92.8

%

93.2

%

93.5

%

95.0

%

93.1

%

94.4

%

Estimated Contract Drilling Revenue can be calculated as:

Paid Days on Contract * Average Contract Dayrate * Revenue Efficiency

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Stacked Rigs

Rig Type/Name

Start Date

Deepwater (4)

Sedco 709

Prior to 2010

Jim Cunningham

5/13/2010

Sovereign Explorer

11/1/2010

Transocean Richardson

3/15/2011

Midwater Floaters (7)

Sedco 700

Prior to 2010

C. Kirk Rhein, Jr.

Prior to 2010

GSF Aleutian Key

1/9/2010

Sedco 703

Prior to 2010

Sedco 712

Prior to 2010

Sedco 601

4/9/2011

J.W. McLean

4/13/2011

High Specification Jackups (1)

GSF Galaxy I

Prior to 2010

Standard Jackups (23)

Trident 17

Prior to 2010

GSF Adriatic II

Prior to 2010

GSF Key Singapore

10/21/2010

GSF Adriatic VI

Prior to 2010

GSF Adriatic VIII

7/3/2010

D.R. Stewart

8/7/2010

G.H. Galloway

Prior to 2010

GSF Adriatic I

Prior to 2010

GSF Adriatic V

Prior to 2010

GSF Adriatic XI

Prior to 2010

GSF Rig 134

5/3/2010

GSF Rig 136

Prior to 2010

Interocean III

Prior to 2010

Randolph Yost

9/15/2010

Roger W. Mowell

8/29/2010

Transocean Shelf Explorer

Prior to 2010

Transocean Nordic

Prior to 2010

Trident IV-A

Prior to 2010

GSF High Island V

Prior to 2010

GSF High Island IX

Prior to 2010

GSF Rig 103

Prior to 2010

GSF Rig 127

Prior to 2010

Trident VI

Prior to 2010

Swamp Barges (1)

Searex 4

Prior to 2010

Idle Rigs

Rig Type/Name

Start Date

Deepwater (2)

Discoverer 534

9/6/2010

M. G. Hulme, Jr.

6/22/2010

Midwater Floaters (2)

Actinia

11/19/2010

Standard Jackups (4)

Harvey H. Ward

10/6/2010

GSF Rig 124

6/21/2010

Trident IX

12/29/2010

GSF Rig 141

3/27/2011

Stacked and Idle rigs

detailed above are not currently operating on contract. Start date denotes when rig commences idle or stacked status.

An Idle rig

is between contracts, readily available for operations, and operating costs are typically at or near normal levels. A Stacked rig, on the other hand, is manned by a reduced crew or unmanned and typically has reduced operating costs and

is (i) preparing for an extended period of inactivity, (ii) expected to continue to be inactive for an extended period, or (iii) completing a period of extended inactivity. However, stacked rigs will continue to incur operating costs

at or above normal operating costs for 30 to 60 days following initiation of stacking.

19216185115840154bdd233e5d3be62d.png

Transocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

Updated: April 14, 2011

Revisions to Fleet Status Report Noted in Bold

Footnotes

(1)

Dates shown are the original service date and the date of the most recent upgrade, if any.

(2)

As of April 2, 2009, Estimated Contract Start and Estimated Expiration Dates are calculated as follows: (1) for events estimated to occur

between the 1st and 15th of a month, the previous month is reported (i.e. a contract which is estimated to commence on May 4, 2009 will be reported as commencing in April 2009) and (2) for events estimated to occur between the 16th and the

end of a month, the actual month is reported (i.e. a contract which is estimated to commence on May 24, 2009 will be reported as commencing in May 2009). Expiration dates represent the companys current estimate of the earliest date the

contract for each rig is likely to expire. Some rigs have two or more contracts in continuation, so the last line shows the estimated earliest availability. Many contracts permit the customer to extend the contract.

(3)

Represents the full operating dayrate, although the average dayrate over the term of the contract will be lower and could be substantially lower. Does

not reflect incentive programs which are typically based on the rigs operating performance against a performance curve. Please refer to the Customer Contract Duration and Dayrates and Risks Associated with Operations section of the

Disclaimers & Definitions for a description of dayrates. This column may not reflect the rate currently being received under the contract as a result of an applicable standby rate or other rate, which typically is less than the contract

dayrate.

(4)

The out of service time represents those days where a rig is scheduled to be out of service and not be available to earn an operating dayrate. Please

refer to the Out of Service Days (Shipyards, Mobilizations, Demobilizations, Contract Preparation) section of the Disclaimers & Definitions for a full description.

(5)

Estimated Average Contract Dayrate is defined as the average contracted full operating dayrate to be earned per revenue earning day. See note

(3) for definition of full operating dayrate.

(6)

Reflects the current contracted dayrate which could reflect prior cost escalations and could

change in the future due to further cost escalations.

(7)

Reflects the current contracted dayrate which is comprised of a foreign currency component and which could change due to foreign exchange adjustments.

(8)

Current contract provides for a bonus incentive opportunity not reflected in the stated current contract dayrate.

(9)

For the period of time that this rig is contracted to Applied Drilling Technology International, the drilling management services division of the

companys U.K. operating subsidiary, or Applied Drilling Technology Inc., the companys U.S. drilling management services subsidiary, accounting rules require that we eliminate the revenues and costs related to those contracts from the

contract drilling segment of the consolidated statement of operations. Revenues from turnkey contracts will be recognized in other revenues and are contingent upon successful completion of the well program.

(10)

Fixed price options may be exercised at the customers discretion. During periods when dayrates on new contracts are increasing relative to

existing contracts, the likelihood of customers exercising fixed price options increases. During periods when dayrates on new contracts are decreasing relative to existing contracts, the likelihood of customers exercising fixed price

options declines.

(11)

We have been awarded a five-year drilling contract by ExxonMobil which requires the construction and operation of a Gusto MSC/P 10,000 design drillship

to be named Deepwater Champion. Operations are expected to commence during the second quarter of 2011, after shipyard construction followed by sea trials, mobilization, and customer acceptance. The contract commencement date is contingent on

Transocean vendor performance and other factors. During the first year of the contract, the Deepwater Champion is expected to operate in Turkey (Black Sea) at $703,000. Subsequent operating location is yet to be determined, and the dayrate under the

contract could change depending on the country of future operations. For example, the dayrate could change to $640,000 or $650,000 if the operating location of the rig is moved to the USGOM or Brazil, respectively.

(12)

We have been awarded a five-year drilling contract by Chevron which requires the construction and operation of a yet to be named Keppel FELS Super B

Class Jackup. Operations are expected to commence during the first quarter of 2013, after shipyard construction followed by sea trials, mobilization to Thailand and customer acceptance. The contract commencement date is contingent on vendor

performance and other factors. During the first 36 months of the contract, the contract dayrate is $135,000, excluding escalation. The dayrate may be adjusted for the remaining 24 months based on market dayrates within specific parameters.

(13)

We have been awarded a five-year drilling contract by Chevron which requires the construction and operation of a yet to be named Keppel FELS Super B

Class Jackup. Operations are expected to commence during the third quarter of 2013, after shipyard construction followed by sea trials, mobilization to Thailand and customer acceptance. The contract commencement date is contingent on vendor

performance and other factors. During the first 36 months of the contract, the contract dayrate is $135,000, excluding escalation. The dayrate may be adjusted for the remaining 24 months based on market dayrates within specific parameters.

(14)

In November 2010 we agreed to purchase a Pacific Class 400 design jackup to be named Transocean Honor. Construction of the jackup is expected to be

completed in the fourth quarter of 2011. We are actively marketing the jackup.

(15)

Until August 2012, the contract dayrate is $469,000, subject to cost escalation. The dayrate for

the remainder of the contract is linked to the standard West Texas Intermediate crude oil price with a floor of $40 per barrel resulting in a contract dayrate of $400,000 and a ceiling of $70 per barrel resulting in a contract dayrate of $500,000,

subject to cost escalation.

(16)

We own a 50 percent interest in this ultra-deepwater Samsung-design drillship through a joint

venture company with Quantum Pacific Group.

(17)

The customer may elect to have the operating dayrate for the last five years of the contract

fluctuate based on crude oil price with a floor of $458,250 corresponding to a crude oil price of less than or equal to $50 per barrel, and a ceiling of $558,250 corresponding to a crude oil price of $100 per barrel or greater.

(18)

The customer has the right to convert the three-year contract to a five-year contract until

April 30, 2011.

(19)

GSF Britannia and GSF Labrador are classified as held for sale. Transocean will no longer include

these rigs in the Fleet Status Report.

(20)

The contract with Rig Management Norway led consortium permits the rig to drill HPHT well(s) at $400,000 and to drill well(s) in the Barents Sea,

Norway at $425,000. The contract also guarantees a minimum average dayrate of $403,000 during the firm term.

(21)

Since NTL 4 and declaration of the moratorium in the Gulf of Mexico, we have had a disagreement with the operator regarding the applicable rates under

the drilling contract. We are currently in discussions with the customer to resolve these differences.

(22)

The contract includes three optional wells. The first optional well has a dayrate of $115,000. The dayrate for the second and third optional well will

be adjusted based on market dayrates within specific parameters.

(23)

Dayrate is fixed for first 6 months then subject to quarterly adjustment based on market dayrates within specific parameters.

(24)

Dayrate subject to annual adjustment based on market dayrates within specific parameters.

(25)

Owned by a joint venture in which the company owns an 80 percent interest. Dayrate indicated reflects 100 percent of contract rate.

(26)

Operated under a management contract with the rigs owner. The rig is currently engaged in scientific geological coring activities and is owned by

an unconsolidated joint venture in which a subsidiary of the company has a 50 percent interest. The dayrate disclosed herein reflects 100 percent of the contracted rate. The companys 50 percent interest in the joint ventures earnings is

included in other income in its consolidated statement of operations.

(27)

The dayrate for the June 2011 to September 2011 period and the entire option period will be $254,000 if the customer exercises both options included in

the option period.

(28)

We own a 65 percent interest in this enhanced Enterprise-class drillship Discoverer Luanda through a joint venture company with Angco Cayman Limited.

(29)

The dayrate for

the entire contract duration will become $370,000, excluding escalation and foreign currency component adjustment, if the customer exercises the option.

19216185115840154bdd233e5d3be62d.pngTransocean Ltd. (NYSE: RIG), (SIX: RIGN) Fleet Status Report

DISCLAIMERS & DEFINITIONS

The information contained in this Fleet Status Report (the Information) is as of the date of the report only and is subject to change without

notice to the recipient. Transocean Ltd. assumes no duty to update any portion of the Information.

DISCLAIMER. NEITHER TRANSOCEAN LTD.

NOR ITS AFFILIATES MAKE ANY EXPRESS OR IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE) REGARDING THE INFORMATION CONTAINED IN THIS REPORT, WHICH INFORMATION IS PROVIDED

AS IS. Neither Transocean Ltd. nor its affiliates will be liable to any recipient or anyone else for any inaccuracy, error or omission, regardless of cause, in the information set forth in this report or for any damages (whether direct

or indirect, consequential, punitive or exemplary) resulting therefrom.

No Unauthorized Publication or Use. All information provided

by Transocean in this report is given for the exclusive use of the recipient and may not be published, redistributed or retransmitted without the prior written consent of Transocean.

Customer Contract Duration, Timing and Dayrates and Risks Associated with Operations. The duration and timing (including both starting and ending dates) of the customer contracts are estimates

only, and customer contracts are subject to cancellation, suspension and delays for a variety of reasons, including some beyond the control of Transocean. Also, the dayrates set forth in the report are estimates based upon the full contractual

operating dayrate. However, the actual average dayrate earned over the course of any given contract will be lower and could be substantially lower. The actual average dayrate will depend upon a number of factors (rig downtime, suspension of

operations, etc.) including some beyond the control of Transocean. Our customer contracts and operations are generally subject to a number of risks and uncertainties, and we urge you to review the description and explanation of such risks and

uncertainties in our filings with the Securities and Exchange Commission (SEC), which are available free of charge on the SECs website at www.sec.gov. The dayrates do not include revenue for mobilizations, demobilizations, upgrades, shipyards

or recharges.

Out of Service Days (Shipyards, Mobilizations, Demobilizations, Contract Preparation). Changes in estimated out of

service time are noted where changes in the time Transocean anticipates that a rig is scheduled to be out of service and not be available to earn an operating dayrate have changed by a period of 30 days or longer for High Specification Floaters or

60 days or longer for all other rig classifications since the previously issued Monthly Fleet Update Summary or Comprehensive Fleet Status Report. The changes to estimated out of service time included in this Fleet Status may not be firm and could

change significantly based on a variety of factors. Any significant changes to our estimates of out of service time will be reflected in subsequent Monthly Fleet Updates and Comprehensive Fleet Status Reports, as applicable.

Contract Preparation refers to periods during which the rig is undergoing modifications or upgrades as a result of contract requirements. Shipyards

refers to periods during which the rig is out of service as a result of other scheduled shipyards, surveys, repairs, regulatory inspections or other scheduled service or work on the rig. In some instances such as certain mobilizations,

demobilizations, upgrades and shipyards, we are paid compensation by our customers that is generally recognized over the life of the underlying contract, although such compensation is not typically significant in relation to the revenue generated by

the dayrates we charge our customers.

Forward-Looking Statement. The statements made in the Fleet Update that are not historical facts

are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements made in the Fleet Update include, but are not limited to,

statements involving the estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations and planned shipyard projects and other out of service time. Such statements are subject to numerous risks,

uncertainties and assumptions, including but not limited to, uncertainties relating to the level of activity in offshore oil and gas exploration and development, exploration success by producers, oil and gas prices, competition and market conditions

in the contract drilling industry, shipyard delays, actions and approvals of third parties, possible cancellation or suspension of drilling contracts as a result of mechanical difficulties or performance, Transoceans ability to enter into and

the terms of future contracts, the availability of qualified personnel, labor relations and the outcome of negotiations with unions representing workers, operating hazards, factors affecting the duration of contracts including well-in-progress

provisions, the actual amount of downtime, factors resulting in reduced applicable dayrates, hurricanes and other weather conditions, terrorism, political and other uncertainties inherent in non-U.S. operations (including the risk of war, civil

disturbance, seizure or damage of equipment and exchange and currency fluctuations), the impact of governmental laws and regulations, the adequacy of sources of liquidity, the effect of litigation and contingencies and other factors described above

and discussed in Transoceans most recently filed Form 10-K, in Transoceans Forms 10-Q for subsequent periods and in Transoceans other filings with the SEC, which are available free of charge on the SECs website at

www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. You should not place undue reliance on forward-looking

statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward looking statements, except as required by law.

Fleet Classification. Transocean uses a rig classification for its semisubmersible rigs and drillships to reflect the companys strategic

focus on the ownership and operation of premium, high specification floating rigs. The rig classification High Specification Floaters is comprised of Ultra-Deepwater which refers to the latest generation of semisubmersible

rigs and drillships possessing the latest technical drilling capabilities and the ability to operate in water depths equal to or greater than 7,500 feet, Deepwater which refers to semisubmersible rigs and drillships that possess the

ability to drill in water depths equal to or greater than 4,500 feet, and Harsh Environment comprised of five of the companys premium harsh environment rigs, the semisubmersibles Henry Goodrich, Transocean Leader, Paul B. Loyd,

Jr., Transocean Arctic and Polar Pioneer. The category titled Midwater Floaters represents semisubmersible rigs and drillships that possess the ability to drill in water depths of up to 4,499 feet. The jackup fleet is subdivided into two

categories; High Specification which consists of harsh environment and high performance jackups and Standard.

Stacking. An Idle rig is between contracts, readily available for operations, and operating costs are typically at or near normal

levels. A Stacked rig, on the other hand, is manned by a reduced crew or unmanned and typically has reduced operating costs and is (i) preparing for an extended period of inactivity, (ii) expected to continue to be inactive for

an extended period, or (iii) completing a period of extended inactivity. However, stacked rigs will continue to incur operating costs at or above normal operating costs for 30 to 60 days following initiation of stacking.

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1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。1、资源项目源码均已通过严格测试验证,保证能够正常运行; 2、项目问题、技术讨论,可以给博主私信或留言,博主看到后会第一时间与您进行沟通; 3、本项目比较适合计算机领域相关的毕业设计课题、课程作业等使用,尤其对于人工智能、计算机科学与技术等相关专业,更为适合; 4、下载使用后,可先查看README.md文件(如有),本项目仅用作交流学习参考,请切勿用于商业用途。
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