Drilling Fleet (Tables)

9 Months Ended

Sep. 30, 2011

Drilling Fleet

Actual capital expenditures and other capital additions, including capitalized interest

	Nine months ended September 30, 2011		Through December 31, 2010		Total costs
Transocean Honor (a)	$	76	$	97	$	173
High-Specification Jackup TBN1 (b)	70		9		79
High-Specification Jackup TBN2 (b)	70		9		79
Deepwater Champion (c)(d)	43		733		776
Discoverer Luanda (d)(e)	11		709		720
High-Specification Jackup TBN3 (f)	10		—		10
Discoverer India (d)	6		744		750
Discoverer Inspiration (d)	—		679		679
Dhirubhai Deepwater KG2 (d)(g)	—		677		677
Capitalized interest	30		273		303
Mobilization costs	20		100		120
Total	$	336	$	4,030	$	4,366

(a)In November 2010, we purchased a PPL Pacific Class 400 design jackup, to be named Transocean Honor.  The High-Specification Jackup is under construction at PPL Shipyard Pte Ltd. in Singapore and is expected for delivery in the fourth quarter of 2011.

(b) In December 2010, we purchased two Keppel FELS Super B class design jackups.  The two High-Specification Jackups TBN1 and TBN2 are under construction at Keppel FELS’ yard in Singapore and are expected for delivery in the first quarter of 2013.

(c)The costs for Deepwater Champion include our initial investment of $109 million, representing the estimated fair value of the rig at the time of our merger with GlobalSantaFe Corporation (“GlobalSantaFe”) in November 2007.

(d) The accumulated construction costs of these rigs are no longer included in construction work in progress, as their construction projects had been completed as of September 30, 2011.

(e)The costs for Discoverer Luanda represent 100 percent of expenditures incurred since inception.  ADDCL is responsible for all of these costs.  We hold a 65 percent interest in the ADDCL joint venture, and Angco Cayman Limited holds the remaining 35 percent interest.

(f) In June 2011, we purchased a Keppel FELS Super B class design jackup.  The High-Specification Jackup TBN3 is under construction at Keppel FELS’ yard in Singapore and is expected for delivery in the third quarter of 2013.

(g) The costs for Dhirubhai Deepwater KG2 represent 100 percent of TPDI’s expenditures, including those incurred prior to our investment in the joint venture.  TPDI is responsible for all of these costs.  We hold a 50 percent interest in the TPDI joint venture, and Quantum Pacific Management Limited, a Cypriot company and successor in interest to Pacific Drilling Limited (“Quantum”), holds the remaining 50 percent interest.