# Transocean Shares Rise 4.8%

> Transocean shares climb 4.8% after U.S. Gulf contracts boost backlog.
- Title: Transocean Shares Rise 4.8% · TokenPost | Shortify
- Summary: Transocean shares climb 4.8% after U.S. Gulf contracts boost backlog. Transocean Ltd. shares rose 4.8% to $5.89, finishing above their 20-session Bollinger…
- Keywords: transocean, bollinger band, us gulf contracts, share price, backlog, drillship, crypto, finance, Shares, Rise, TokenPost
- Source: TokenPost — https://tokenpost.com/news/investing/35773
- Published: 2026-10-20T16:19:42+00:00
- Read time: 1 min
- Topics: transocean, bollinger band, us gulf contracts, share price, backlog, drillship, crypto, finance
## Transocean Shares Rise
Transocean Ltd. shares rose 4.8% to $5.89 at Monday’s close, finishing above their 20-session Bollinger band.
## U.S. Gulf Contracts Announced
Transocean announced two U.S. Gulf drillship awards representing $550 million in firm backlog.
## Contract Details
The Deepwater Proteus covers 10 wells and 700 days of work with $325 million backlog, while the Deepwater Conqueror covers five wells and 450 days with $225 million backlog.
## Key takeaway

Transocean Ltd. shares rose 4.8% to $5.89, finishing above their 20-session Bollinger band following two U.S. Gulf contracts worth $550 million.