2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4

High Specification Average In-Service Direct Costs ($ per day) 144,225 $ 127,934 $ 125,809 $ 122,502 $ 131,587 $
Rig In-Service Days 3,128 3,331 3,290 3,564 3,675
Average Out of Service Costs ($ per day) 311,374 $ 289,100 $ 297,691 $ 229,587 $ 276,487 $
Out of Service Days 823 625 651 370 262
Average Stacked Costs ($ per day) 9,394 $ 13,963 $ 19,491 $ 102,427 $ - $
Stacked Days 215 184 173 74 -
Total O&MCosts ($ million) 710 $ 609 $ 611 $ 529 $ 556 $
Midwater Floaters Average In-Service Direct Costs ($ per day) 103,767 $ 93,219 $ 92,477 $ 97,334 $ 91,587 $
Rig In-Service Days 1,641 1,793 1,700 1,618 1,555
Average Out of Service Costs ($ per day) 109,806 $ 105,390 $ 158,157 $ 250,696 $ 298,488 $
Out of Service Days 246 139 181 248 320
Average Stacked Costs ($ per day) 6,750 $ 11,345 $ 9,699 $ 23,094 $ 18,947 $
Stacked Days 460 460 515 487 548
Total O&MCosts ($ million) 200 $ 187 $ 191 $ 231 $ 248 $
Jackups & Other Rigs Average In-Service Direct Costs ($ per day) 47,696 $ 44,243 $ 42,770 $ 43,271 $ 46,211 $
Rig In-Service Days 2,782 3,344 3,399 3,332 3,445
Average Out of Service Costs ($ per day) 65,934 $ 70,225 $ 38,202 $ 69,211 $ 108,657 $
Out of Service Days 653 256 424 404 581
Average Stacked Costs ($ per day) 7,304 $ 8,680 $ 4,737 $ 4,378 $ 10,132 $
Stacked Days 2,729 2,564 2,273 2,294 2,138
Total O&MCosts ($ million) 196 $ 188 $ 172 $ 182 $ 244 $
Drilling-Support Costs & Other Direct Total O&MCosts ($ million) 169 $ 187 $ 243 $ 165 $ 165 $
Transocean Ltd. and Subsidiaries
Daily Operating and Maintenance (O&M) Costs
(Unaudited)
g pp ota O& Costs($ o ) 69 $ 8 $ 3 $ 65 $ 65 $
Non-Drilling Operations Total O&MCosts ($ million) 78 $ 42 $ 140 $ 89 $ 83 $
Total Operating and Maintenance Costs ($ million) 1,352 $ 1,213 $ 1,358 $ 1,196 $ 1,296 $
Definitions
Drilling - Support Costs & Other Direct
Non-Drilling Operations
Average In-Service Direct Costs
Rig In-Service Days
Average Out of Service Costs
Out of Service Days
Average Stacked Costs
Stacked Days
O&M
includes all shorebase and common support costs such as onshore offices, yards, pool equipment and other direct costs such as labor pools and
certain newbuild expenses prior to commencement of operations.
denotes total number of days when rig is in the process of stacking or stacked.
Our operating and maintenance costs represent all direct and indirect costs associated with the operation and maintenance of our drilling rigs.
Operating and maintenance costs also includes all costs related to local and regional offices as well as all costs related to operations support,
engineering support, marketing and other similar costs. The principal elements of these costs are direct and indirect labor and benefits, repair and
maintenance, contract preparation expenses, insurance, boat and helicopter rentals, professional and technical fees, freight costs, communications,
customs duties, tool rentals and services, fuel and water, general taxes and licenses. Labor, repair and maintenance costs, insurance premiums,
personal injury losses and drilling rig casualty losses represent the most significant components of our operating and maintenance costs
includes Integrated Services, Drilling Management, and Oil & Gas Services, and non-drilling overhead
denotes the weighted average daily O&Mcosts of a rig while in service based upon the Rig In-Service Days (excluding shorebase or common support
costs), as defined below.
denotes the total amount of days a rig is deemed to be in-service under contract operations. This excludes all out of service time relating to
shipyards, mobilization and short-termout of contract periods but includes the operational downtime of in service rigs. The average number of
days may fluctuate fromquarter to quarter as a result of rigs being reactivated or stacked in the quarters
denotes the weighted average daily O&Mcosts while a rig is out of service based upon Out of Service Days, as defined below. Average out of service
costs are the difference between total operating and maintenance costs and Average In-Service Costs.
includes the total amount of days a rig is deemed to be out of service. This relates to times when a rig is out of service due to shipyards, mobilization
and short-termidle periods.
denotes the weighted average daily O&Mcosts while a rig is in the process of stacking or stacked based upon Stacked Days, as defined below.