4 Energy Stock Stories Fueling Monday Investment Chatter
Transocean Ltd. (NYSE:RIG): Closing price $48.37
Transocean says that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has scored a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411 feet of water while working for ONGC off the east coast of India. This feat exceeds the firm’s prior world record of 10,385 feet of water, which was set by the same drillship in February while working for ONGC in India.
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