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[]
["Updated: August 21, 2014"]
["Revisions Noted in Bold"]
["Dynamically positioned «"]
[null,null,null,null,null,null,null,null,null,null,null,"Dayrate on","Dayrate on",null,"Estimated Out of Service Days (4)",null,null,null,null,"Estimated Out of Service Days (4)"]
[null,null,null,null,"Yr. (1)","Water","Drilling ",null,null,"Estimated","Estimated","Current","Previous"]
[null,"Footnote ","Floater","Dynamically","Entered","Depth","Depth",null,null," Contract","Expiration","Contract (3)","Contract (3)",null,2014,null,null,null,null,2015]
["Rig Type/Name","References","Type","Positioned","Service","(Feet)","(Feet)","Location","Customer","Start Date (2)"," Date (2)","(Dollars)","(Dollars)",null,"Q1","Q2","Q3","Q4",null,"Q1","Q2","Q3","Q4",null,"Q1","Q2","Q3","Q4",null,"Q1","Q2","Q3","Q4"]
[]
["High Specification Floaters: Transocean Partners LLC"]
[]
["Discoverer Clear Leader",-15,"Please refer to Transocean Partners LLC (NYSE: RIGP) Fleet Status Report."]
["Discoverer Inspiration",-15]
["Development Driller III",-15]
[]
["High Specification Floaters: Ultra-Deepwater "]
[]
["Deepwater Asgard",null,"ship","«",2014,12000,40000,"TBA","TBA","2014-08-20","2017-07-31",600000,"N/A",null,0,0,0,0,null,0,0,0,0]
["Deepwater Invictus","(6), (16)","ship","«",2014,12000,40000,"USGOM","BHP Billiton","2014-07-28","2017-03-26",595000,"N/A",null,0,0,0,0,null,0,0,0,0]
["Dhirubhai Deepwater KG1","  (6), (7), (8) ","ship","«",2009,12000,35000,"Brazil","Petrobras","2014-11-01","2017-12-31",450000,510000,null,0,0,47,87,null,0,16,14,0]
["Discoverer India",-11,"ship","«",2010,12000,40000,"USGOM","Reliance","2013-09-01","2016-09-01",528000,499000,null,0,0,0,0,null,0,45,0,0]
[null,null,null,null,null,null,null,"India","Reliance","2016-09-01","2020-11-01",508000,528000,null,0,0,0,0,null,0,0,0,0]
["Petrobras 10000"," (6), (7), (8)","ship","«",2009,12000,37500,"Brazil","Petrobras","2011-02-01","2019-08-01",439000,"N/A",null,0,0,16,49,null,0,0,0,0]
["Discoverer Enterprise",null,"ship","«",1999,10000,35000,"USGOM","BP","2014-01-31","2014-11-30",615000,515000,null,0,0,0,7,null,0,0,0,0]
["Discoverer Spirit",null,"ship","«",2000,10000,35000,"USGOM",null,null,null,null,null,null,0,0,69,84,null,0,0,0,0]
["GSF C.R. Luigs",-6,"ship","«",2000,10000,35000,"USGOM","BHP Billiton","2014-02-01","2014-08-01",580000,540000,null,0,0,30,91,null,0,0,0,0]
["GSF Jack Ryan"," (6)","ship","«",2000,10000,35000,"Ghana","Lukoil","2014-05-05","2014-08-01",480000,297000,null,0,0,0,0,null,0,32,92,0]
["Deepwater Pathfinder",-6,"ship","«",1998,10000,30000,"USGOM","ENI","2010-08-01","2015-04-01",681000,550000,null,0,0,0,45,null,17,0,0,0]
["Cajun Express","  (6), (7) ","semi","«",2001,8500,35000,"Senegal","Cairn Energy","2014-07-26","2014-09-22",596000,643000,null,0,0,0,54,null,0,0,0,0]
[null,null,null,null,null,null,null,"Ivory Coast","CNR","2014-12-01","2015-11-01",495000,{"$f":"+L29","v":596000},null,0,0,0,0,null,0,0,0,0]
["Deepwater Nautilus","(6), (8)","semi",null,2000,8000,30000,"USGOM","Shell","2012-08-01","2017-08-01",533000,551000,null,0,0,0,0,null,90,45,0,0]
["GSF Explorer",null,"ship","«","1972/1998",7800,30000,"India","ONGC","2013-07-01","2014-10-31",412000,"N/A",null,0,0,0,0,null,0,0,0,0]
["Sedco Energy",-14,"semi","«",2001,7500,35000,"Congo","Total","2014-09-19","2015-10-24",395000,"N/A",null,0,0,0,0,null,0,0,0,81]
["Sedco Express",-13,"semi","«",2001,7500,35000,"Nigeria","ENI","2014-04-01","2014-10-01",455000,600000,null,0,0,0,0,null,0,0,75,13]
[]
["High Specification Floaters: Deepwater "]
[]
["Deepwater Navigator"," (7), (8), (12)","ship","«","1971/2000",7200,25000,"Brazil","Petrobras","2011-05-01","2016-02-01",377000,190000,null,0,0,16,1,null,0,45,0,0]
["GSF Celtic Sea",null,"semi",null,"1982/1998",5750,25000,"Angola","ExxonMobil","2013-08-01","2014-10-01",328000,324000,null,0,0,0,18,null,0,0,0,0]
[null,null,null,null,null,null,null,"Angola","Vaalco","2014-11-18","2014-12-31",338000,{"$f":"L39","v":328000}]
["Jack Bates",-7,"semi",null,"1986/1997",5400,30000,"Australia","Inpex","2014-10-01","2015-02-17",420000,380000,null,0,0,0,0,null,0,0,0,0]
[]
["High Specification Floaters: Harsh Environment"]
[]
["Transocean Arctic","(6), (7)","semi",null,1986,1650,25000,"NNS","Rig Management Norway","2014-07-31","2016-01-31",414000,414000,null,0,0,70.104166666666671,14,null,0,0,0,0]
[null,"(6), (7)",null,null,null,null,null,"NNS","OMV",{"$f":"K45","v":"2016-01-31"},"2016-06-01",513000,{"$f":"L45","v":414000},null,0,0,0,0,null,0,0,0,0]
[null,null,null,null,null,null,null,null,null,null,null,null,null,null,0,0,0,0]
["Midwater Floaters"]
[]
["GSF Rig 135",null,"semi",null,1983,2800,25000,"Congo","Total","2013-07-01","2014-08-16",387000,340000,null,0,0,0,0,null,0,0,0,0]
[null,"(7)",null,null,null,null,null,"Nigeria","NPDC","2014-11-01","2015-05-17",311000,387000]
["GSF Rig 140"," (6)","semi",null,1983,2800,25000,"India","ONGC","2012-03-01","2014-12-31",260000,"N/A",null,0,0,0,0,null,24,0,0,0]
["GSF Arctic III","(7)","semi",null,1984,1800,25000,"UKNS","Chevron","2014-04-19","2014-10-14",411000,336000,null,0,0,0,77,null,19,0,0,0]
["Actinia",null,"semi",null,1982,1500,25000,"India","ONGC","2012-06-01","2015-09-01",190000,222000,null,0,0,0,0,null,21,0,11,10]
[]
["High Specification Jackups"]
[]
["GSF Galaxy III",-7,null,null,1999,400,30000,"UKNS","Nexen","2014-07-30","2014-08-25",160000,180000,null,0,0,30,0,null,4,91,5,0]
[]
["Fixed-Price Options - See Footnote 10"]
[]
["High Specification Floaters: Deepwater"]
[]
["GSF Celtic Sea",null,"semi",null,"1982/1998",5750,25000,"Angola","Vaalco","2014-12-31","2015-02-16",338000,338000]
[]
[]
["Jack Bates",-7,"semi",null,"1986/1997",5400,30000,"Australia","Inpex","2015-02-17","2016-02-17",420000,420000]
[null,null,null,null,null,null,null,"Australia","Inpex",{"$f":"K67","v":"2016-02-17"},"2016-07-12",420000,420000]

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[]
[null,{"$f":"Report!A2","v":"Updated: August 21, 2014"}]
[null,{"$f":"Report!A3","v":"Revisions Noted in Bold"}]
[]
[null,"Footnotes"]
["Prev"]
["(1)","(1)","Dates shown are the original service date and the date of the most recent upgrade, if any."]
["(2)","(2)","Estimated Contract Start and Estimated Expiration Dates are presented 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, 2014 will be reported as commencing in April 2014) 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, 2014 will be reported as commencing in May 2014).  Expiration dates represent the company's 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)","(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 rig's 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)","(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)","(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)","(6)","Reflects the current contracted dayrate which could reflect prior cost escalations and could change in the future due to further cost escalations."]
["(7)","(7)","Reflects the current contracted dayrate which is comprised of a foreign currency component and which could change due to foreign exchange adjustments."]
["(8)","(8)","Current contract provides for a bonus incentive opportunity not reflected in the stated current contract dayrate."]
["(9)","(9)","On February 26, 2014, a subsidiary of Transocean Ltd. awarded contracts to Sembcorp Marine's subsidiary, Jurong Shipyard, in Singapore for construction of two newbuild dynamically positioned ultra-deepwater drillships. The two drillships are expected to be delivered from the shipyard in the second quarter of 2017 and the first quarter of 2018, respectively."]
["(10)","(10)","Fixed price options may be exercised at the customer’s 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."]
["(15)","(11)","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. "]
["(17)","(12)","While the customer has the option to add any out of service days to the end of the contract, the Estimated Expiration Date does not reflect any extension due to this option until actually exercised by the customer."]
[null,"(13)","By mutual agreement (related to a previous fire incident on the rig), dayrate will be $455,000 from May 1, 2014 to October 15, 2014.  If there is a well-in-progress at October 15, 2014, the dayrate will revert back to $600,000."]
[null,"(14)","Reflects the dayrate while the Sedco Energy is used for deepwater or dynamic positioning programs.  When the rig is used for midwater moored programs, the dayrate will be $370,475."]
[null,"(15)","The rig is owned by Transocean Partners LLC in which the company owns less than a 100 percent interest."]
[null,"(16)","Mobilization, customer commissioning and acceptance testing commenced in March 2014.  Revenue of approximately $52 million earned from March 2014 to July 2014 will be recognized over the remaining three-year contract period ending in March 2017."]

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[" "]
[]
["DISCLAIMERS & DEFINITIONS"]