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[]
["Updated: September 22 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"]
[]
["High Specification Floaters: Transocean Partners LLC"]
[]
["Discoverer Clear Leader",-12,"Please refer to Transocean Partners LLC (NYSE: RIGP) Fleet Status Report which can be found at www.transoceanpartners.com."]
["Discoverer Inspiration",-12]
["Development Driller III",-12]
[]
["High Specification Floater: Ultra-Deepwater"]
[]
["Dhirubhai Deepwater KG1","  (6), (7), (8) ","ship","«",2009,12000,35000,"Brazil","Petrobras","2014-11-01","2017-11-01",447000,510000,null,0,0,59.75,70,null,0,0,0,30]
["Discoverer Spirit",null,"ship","«",2000,10000,35000,"USGOM",null,null,null,null,null,null,0,0,60.75,69,null,0,0,0,0]
["GSF C.R. Luigs",-6,"ship","«",2000,10000,35000,"USGOM","BHP Billiton","2014-02-01","2014-09-30",580000,540000,null,0,0,0,92,null,29,0,0,0]
["GSF Jack Ryan",null,"ship","«",2000,10000,35000,"Ghana",null,"Idle",null,null,null,null,0,0,0,0,null,0,0,0,0]
["Cajun Express","  (6), (7) ","semi","«",2001,8500,35000,"Senegal","Cairn Energy","2014-07-26","2014-09-22",596000,643000,null,0,0,0,32,null,0,0,0,0]
[null,null,null,null,null,null,null,"Ivory Coast","CNR","2014-11-30","2015-11-30",495000,596000]
["GSF Development Driller II",-8,"semi","«",2005,7500,37500,"Romania","Lukoil","2014-10-01","2015-06-28",355000,606000,null,0,72.5,92,15,null,0,0,0,0]
["Sedco Energy",-11,"semi","«",2001,7500,35000,"Congo","Total","2014-09-19","2015-10-24",380000,"N/A",null,0,0,24,0,null,0,0,0,0]
[]
["High Specification Floater: Deepwater"]
[]
["Discoverer Seven Seas",null,"ship","«","1976/1997",7000,25000,"TBA","TBA","2014-07-25","2014-10-30",400000,500000,null,0,0,63,0,null,0,0,0,0]
["Jack Bates",-7,"semi",null,"1986/1997",5400,30000,"TBA","TBA","2014-09-15","2014-10-31",440000,380000,null,0,0,3,0,null,0,0,0,0]
[null,-7,null,null,null,null,null,"Australia","Inpex",{"$f":"K30","v":"2014-10-31"},"2015-03-31",420000,440000]
["M.G. Hulme, Jr.",-7,"semi",null,"1983/1996",5000,25000,"TBA","TBA","2014-12-31","2015-03-31",200000,"N/A",null,0,35.395833333333336,7,36,null,9,0,0,0]
[]
["Midwater Floaters"]
[]
["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,51,0,0,0]
[]
["High Specification Jackups"]
[]
["Transocean Honor"," (6), (13)",null,null,2012,400,30000,"Angola","Chevron","2012-05-01","2015-04-01",155000,"N/A",null,0,0,0,9,null,0,0,0,0]
[null," (6)",null,null,null,null,null,"Angola","Chevron","2015-04-30","2016-04-30",194000,155000]
[]
["Fixed-Price Options - See Footnote 10"]
[]
["High Specification Floater: Deepwater"]
["Jack Bates",-7,"semi",null,"1986/1997",5400,30000,"Australia","Inpex","2015-03-01","2016-03-01",420000,420000]
[null,null,null,null,null,null,null,"Australia","Inpex","2016-03-01","2016-09-01",420000,420000]
["M.G. Hulme, Jr.",-7,"semi",null,"1983/1996",5000,25000,"TBA","TBA","2015-04-01","2015-05-30",200000,200000]

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[null,{"$f":"Report!A2","v":"Updated: September 22 2014"}]
[null,{"$f":"Report!A3","v":"Revisions Noted in Bold"}]
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[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 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, 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)","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,"(12)","The rig is owned by Transocean Partners LLC in which the company owns less than a 100 percent interest."]
[null,"(13)","The rig is owned by a joint venture in which the company owns less than a 100 percent interest.  Dayrate reflects 100 percent of the contract rate."]

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["DISCLAIMERS & DEFINITIONS"]