Transocean?s Indonesian fleet update: December 2004

Wednesday, January 5 2005 - 01:29 AM WIB

The following is excerpt from Transocean Inc. monthly fleet update as of January 4, 2005:

Rig Type/NameFloater TypeYr. Entered ServiceWater Depth (ft)Drilling DepthLocationClientCurrent Contract Start/Idle DateEstimated ExplorationCurrent Contract DayratePrevious Contract Dayrate

Drilling Barges

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Hibiscus*1979/19932516,000IndonesiaTotalJan-04Jan-07$47,700$44,300
Searex 41981/19892125,000IndonesiaTotalSep-04Sep-09$39,200-

Jackups

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Shelf Explorer-198230020,000IndonesiaKodecoDec-04Jul-05$48,000$58,000
J.T. Angel-198230025,000IndonesiaBPDec-04Oct-05$60,000$50,000

Other Floaters

ssssssssss
Sedco 601Semi19831,50025,000IndonesiaSantosDec-04Jan-05$66,000$56,000
IndonesiaUnocalJan-05Mar-05$66,000$66,000
IndonesiaSantosMar-05May-05$66,000$66,000


* Owned by a joint venture in which Transocean has a 75 percent interest. (*)

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