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''Deepwater Horizon'' was built for R&B Falcon (which later became part of [[Transocean]])[{{cite news |date=29 January 2001 |title=Transocean Sedco Forex to close pending merger with R&B Falcon on January 31, 2001 |url=http://www.prnewswire.co.uk/cgi/news/release?id=62234 |url-status=live |archive-url=https://web.archive.org/web/20120527094840/http://www2.prnewswire.co.uk/cgi/news/release?id=62234 |archive-date=27 May 2012 |access-date=23 June 2010 |newspaper=PR Newswire}} – date of publication verifiable on [https://web.archive.org/web/20100624153155/http://www.highbeam.com/doc/1G1-69685498.html]] by [[Hyundai Heavy Industries]] in [[Ulsan]], South Korea. Construction started in December 1998, the [[keel]] was laid on 21 March 2000,[{{cite web |title=ABS Record: ''Deepwater Horizon'' |url=http://www.eagle.org/safenet/record/record_vesseldetailsprinparticular?Classno=0139290 |publisher=American Bureau of Shipping |date=21 March 2000 |access-date=9 June 2010 |archive-date=9 November 2017 |archive-url=https://web.archive.org/web/20171109191217/http://www.eagle.org/safenet/record/record_vesseldetailsprinparticular?Classno=0139290 |url-status=live }}] and the rig was delivered on 23 February 2001, after the acquisition of R&B Falcon by Transocean. Until 29 December 2004, the rig was registered in the [[Republic of Panama]].[{{cite report |title=Deepwater Horizon Marine Casualty Investigation Report |date=17 August 2011 |url=http://www.register-iri.com/forms/upload/Republic_of_the_Marshall_Islands_DEEPWATER_HORIZON_Marine_Casualty_Investigation_Report-Low_Resolution.pdf |publisher=Office of the Maritime Administrator |access-date=25 February 2013 |archive-date=28 September 2018 |archive-url=https://web.archive.org/web/20180928111525/http://www.register-iri.com/forms/upload/Republic_of_the_Marshall_Islands_DEEPWATER_HORIZON_Marine_Casualty_Investigation_Report-Low_Resolution.pdf |url-status=live }}] |
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''Deepwater Horizon'' was built for R&B Falcon (which later became part of [[Transocean]])[{{cite news |date=29 January 2001 |title=Transocean Sedco Forex to close pending merger with R&B Falcon on January 31, 2001 |url=http://www.prnewswire.co.uk/cgi/news/release?id=62234 |url-status=live |archive-url=https://web.archive.org/web/20120527094840/http://www2.prnewswire.co.uk/cgi/news/release?id=62234 |archive-date=27 May 2012 |access-date=23 June 2010 |newspaper=PR Newswire}} – date of publication verifiable on [https://web.archive.org/web/20100624153155/http://www.highbeam.com/doc/1G1-69685498.html]] by [[Hyundai Heavy Industries]] in [[Ulsan]], South Korea. Construction started in December 1998, the [[keel]] was laid on 21 March 2000,[{{cite web |title=ABS Record: ''Deepwater Horizon'' |url=http://www.eagle.org/safenet/record/record_vesseldetailsprinparticular?Classno=0139290 |publisher=American Bureau of Shipping |date=21 March 2000 |access-date=9 June 2010 |archive-date=9 November 2017 |archive-url=https://web.archive.org/web/20171109191217/http://www.eagle.org/safenet/record/record_vesseldetailsprinparticular?Classno=0139290 |url-status=live }}] and the rig was delivered on 23 February 2001, after the acquisition of R&B Falcon by Transocean. Until 29 December 2004, the rig was registered in the [[Republic of Panama]].[{{cite report |title=Deepwater Horizon Marine Casualty Investigation Report |date=17 August 2011 |url=http://www.register-iri.com/forms/upload/Republic_of_the_Marshall_Islands_DEEPWATER_HORIZON_Marine_Casualty_Investigation_Report-Low_Resolution.pdf |publisher=Office of the Maritime Administrator |access-date=25 February 2013 |archive-date=28 September 2018 |archive-url=https://web.archive.org/web/20180928111525/http://www.register-iri.com/forms/upload/Republic_of_the_Marshall_Islands_DEEPWATER_HORIZON_Marine_Casualty_Investigation_Report-Low_Resolution.pdf |url-status=live }}] |
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Transocean, through its [[Steinhausen, Switzerland]][{{cite web |title=Entry for Triton Asset Leasing GmbH |url=http://www.moneyhouse.ch/en/u/triton_asset_leasing_gmbh_CH-170.4.009.095-7.htm |publisher=Moneyhouse.ch "Commercial register and company data" |access-date=23 June 2010 |archive-date=20 January 2011 |archive-url=https://web.archive.org/web/20110120151804/http://www.moneyhouse.ch/en/u/triton_asset_leasing_gmbh_CH-170.4.009.095-7.htm |url-status=live }}] subsidiary[{{cite web |title=Transocean Inc 10-K filings, Exhibit 21: Subsidiaries (SEC File 333-75899, Accession Number 1140361-7-4583) |url=http://www.secinfo.com/d12Pk6.u4f8.c.htm |publisher=SEC EDGAR database, for the [[U.S. Securities and Exchange Commission]] |access-date=23 June 2010 |archive-date=28 February 2021 |archive-url=https://web.archive.org/web/20210228151536/http://www.secinfo.com/d12Pk6.u4f8.c.htm }}] Triton Asset Leasing GmbH,[{{cite web |url=http://edgar.secdatabase.com/1568/145150510000023/filing-main.htm |title=Transocean Ltd., Form 10-K, Annual Report, Filing Date Feb 24, 2010 |publisher=secdatabase.com |access-date=15 May 2018 |archive-date=24 February 2021 |archive-url=https://web.archive.org/web/20210224170129/http://edgar.secdatabase.com/1568/145150510000023/filing-main.htm |url-status=live }}] operated the rig under the [[Marshall Islands|Marshallese]] [[flag of convenience]].[{{cite news |first=Braden |last=Reddall |title=Transocean rig loss's financial impact mulled |date=22 April 2010 |url=https://www.reuters.com/article/idUSN2211325420100422 |work=[[Reuters]] |access-date=1 May 2010 |archive-date=8 March 2021 |archive-url=https://web.archive.org/web/20210308230910/https://www.reuters.com/article/idUSN2211325420100422 |url-status=live }}] The rig was leased to BP by a three-year contract for deployment in the [[Gulf of Mexico]] after construction.[{{cite web |title=Deepwater Horizon launched by TSF |url=http://www.offshore-mag.com/index/article-display/105846/articles/offshore/volume-61/issue-6/departments/vessels-rigsupgrade/deepwater-horizon-launched-by-tsf.html |publisher=Offshore Deepwater Horizon launched by TSF magazine |access-date=23 June 2010 |date=1 June 2001 |archive-url=https://web.archive.org/web/20100624153111/http://www.offshore-mag.com/index/article-display/105846/articles/offshore/volume-61/issue-6/departments/vessels-rigsupgrade/deepwater-horizon-launched-by-tsf.html |archive-date=24 June 2010 }}] The lease was renewed in 2004 for a year,[{{cite web |title=Transocean Receives Contract Extensions for High-Specification Rigs Discoverer Enterprise and Deepwater Horizon. |url=http://www.businesswire.com/news/home/20040426006148/en/Transocean-Receives-Contract-Extensions-High-Specification-Rigs-Discoverer |publisher=[[Business Wire]] |access-date=23 June 2010 |date=26 April 2004 |archive-date=25 February 2021 |archive-url=https://web.archive.org/web/20210225053155/https://www.businesswire.com/news/home/20040426006148/en/Transocean-Receives-Contract-Extensions-High-Specification-Rigs-Discoverer |url-status=live }}] 2005 for five years,[{{cite web |title=Transocean Inc. Announces Contract Awards for Two High-Specification Semisubmersible Rigs. |url=http://goliath.ecnext.com/coms2/gi_0199-4124320/Transocean-Inc-Announces-Contract-Awards.html |publisher=[[Business Wire]] |access-date=23 June 2010 |date=28 April 2005 |archive-url=https://web.archive.org/web/20110920151627/http://goliath.ecnext.com/coms2/gi_0199-4124320/Transocean-Inc-Announces-Contract-Awards.html |archive-date=20 September 2011 }}] and 2009 for three years covering 2010 to 2013.[ The last contract was worth $544 million, or $496,800 a day,][{{cite news |url=http://www.chron.com/disp/story.mpl/business/6672098.html |title=The Well |date=17 October 2009 |work=The Houston Chronicle |access-date=22 April 2010 |archive-date=10 May 2010 |archive-url=https://web.archive.org/web/20100510020808/http://www.chron.com/disp/story.mpl/business/6672098.html |url-status=live }}] for a "bare rig",[{{cite web |author1=Bartley J. Eckhardt, PE |author2=Arthur Faherty |title=Forensic Anatomy of the Events on the Deepwater Horizon |url=http://www.robsonforensic.com/LibraryFiles/Articles/forensic-anatomy-of-deap-water-horizon.pdf |publisher=Robson Forensic |access-date=23 June 2010 |page=8 |date=20 May 2010 |archive-url=https://web.archive.org/web/20100624153307/http://www.robsonforensic.com/LibraryFiles/Articles/forensic-anatomy-of-deap-water-horizon.pdf |archive-date=24 June 2010 }}] with crew, gear and support vessels estimated to cost the same. |
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Transocean, through its [[Steinhausen, Switzerland]][{{cite web |title=Entry for Triton Asset Leasing GmbH |url=http://www.moneyhouse.ch/en/u/triton_asset_leasing_gmbh_CH-170.4.009.095-7.htm |publisher=Moneyhouse.ch "Commercial register and company data" |access-date=23 June 2010 |archive-date=20 January 2011 |archive-url=https://web.archive.org/web/20110120151804/http://www.moneyhouse.ch/en/u/triton_asset_leasing_gmbh_CH-170.4.009.095-7.htm |url-status=live }}] subsidiary[{{cite web |title=Transocean Inc 10-K filings, Exhibit 21: Subsidiaries (SEC File 333-75899, Accession Number 1140361-7-4583) |url=http://www.secinfo.com/d12Pk6.u4f8.c.htm |publisher=SEC EDGAR database, for the [[U.S. Securities and Exchange Commission]] |access-date=23 June 2010 |archive-date=28 February 2021 |archive-url=https://web.archive.org/web/20210228151536/http://www.secinfo.com/d12Pk6.u4f8.c.htm }}] Triton Asset Leasing GmbH,[{{cite web |url=http://edgar.secdatabase.com/1568/145150510000023/filing-main.htm |title=Transocean Ltd., Form 10-K, Annual Report, Filing Date Feb 24, 2010 |publisher=secdatabase.com |access-date=15 May 2018 |archive-date=24 February 2021 |archive-url=https://web.archive.org/web/20210224170129/http://edgar.secdatabase.com/1568/145150510000023/filing-main.htm |url-status=live }}] operated the rig under the [[Marshall Islands|Marshallese]] [[flag of convenience]].[{{cite news |first=Braden |last=Reddall |title=Transocean rig loss's financial impact mulled |date=22 April 2010 |url=https://www.reuters.com/article/idUSN2211325420100422 |work=[[Reuters]] |access-date=1 May 2010 |archive-date=8 March 2021 |archive-url=https://web.archive.org/web/20210308230910/https://www.reuters.com/article/idUSN2211325420100422 |url-status=live }}] The rig was leased to BP by a three-year contract for deployment in the [[Gulf of Mexico]] after construction.[{{cite web |title=Deepwater Horizon launched by TSF |url=http://www.offshore-mag.com/index/article-display/105846/articles/offshore/volume-61/issue-6/departments/vessels-rigsupgrade/deepwater-horizon-launched-by-tsf.html |publisher=Offshore Deepwater Horizon launched by TSF magazine |access-date=23 June 2010 |date=1 June 2001 |archive-url=https://web.archive.org/web/20100624153111/http://www.offshore-mag.com/index/article-display/105846/articles/offshore/volume-61/issue-6/departments/vessels-rigsupgrade/deepwater-horizon-launched-by-tsf.html |archive-date=24 June 2010 }}] The lease was renewed in 2004 for a year,[{{cite web |title=Transocean Receives Contract Extensions for High-Specification Rigs Discoverer Enterprise and Deepwater Horizon. |url=http://www.businesswire.com/news/home/20040426006148/en/Transocean-Receives-Contract-Extensions-High-Specification-Rigs-Discoverer |publisher=[[Business Wire]] |access-date=23 June 2010 |date=26 April 2004 |archive-date=25 February 2021 |archive-url=https://web.archive.org/web/20210225053155/https://www.businesswire.com/news/home/20040426006148/en/Transocean-Receives-Contract-Extensions-High-Specification-Rigs-Discoverer |url-status=live }}] 2005 for five years,[{{cite web |title=Transocean Inc. Announces Contract Awards for Two High-Specification Semisubmersible Rigs. |url=http://goliath.ecnext.com/coms2/gi_0199-4124320/Transocean-Inc-Announces-Contract-Awards.html |publisher=[[Business Wire]] |access-date=23 June 2010 |date=28 April 2005 |archive-url=https://web.archive.org/web/20110920151627/http://goliath.ecnext.com/coms2/gi_0199-4124320/Transocean-Inc-Announces-Contract-Awards.html |archive-date=20 September 2011 }}] and 2009 for three years covering 2010 to 2013.[/> The last contract was worth $544 million, or $496,800 a day,][{{cite news |url=http://www.chron.com/disp/story.mpl/business/6672098.html |title=The Well |date=17 October 2009 |work=The Houston Chronicle |access-date=22 April 2010 |archive-date=10 May 2010 |archive-url=https://web.archive.org/web/20100510020808/http://www.chron.com/disp/story.mpl/business/6672098.html |url-status=live }}] for a "bare rig",[{{cite web |author1=Bartley J. Eckhardt, PE |author2=Arthur Faherty |title=Forensic Anatomy of the Events on the Deepwater Horizon |url=http://www.robsonforensic.com/LibraryFiles/Articles/forensic-anatomy-of-deap-water-horizon.pdf |publisher=Robson Forensic |access-date=23 June 2010 |page=8 |date=20 May 2010 |archive-url=https://web.archive.org/web/20100624153307/http://www.robsonforensic.com/LibraryFiles/Articles/forensic-anatomy-of-deap-water-horizon.pdf |archive-date=24 June 2010 }}] with crew, gear and support vessels estimated to cost the same. |
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According to R&B Falcon's filings to [[Securities & Exchange Commission|SEC]] in 2001, the transfer document between R&B Falcon and Transocean was dated 17 August 2001,[{{cite web |url=http://edgar.secdatabase.com/2442/101540201502602/filing-main.htm |title=R&B FALCON CORP, Form 8-K, Current Report, Filing Date Aug 31, 2001 |publisher=secdatabase.com |access-date=15 May 2018 |archive-date=24 February 2021 |archive-url=https://web.archive.org/web/20210224230108/http://edgar.secdatabase.com/2442/101540201502602/filing-main.htm |url-status=live }}] and the rig was specified as "official registration number of 29273-PEXT-1, IMO number of 8764597, with gross tonnage of 32,588 and net tonnage of 9,778" and the transfer value as {{nowrap|US$340 million}}. {{as of|2010}}, the rig was insured for {{Nowrap|US$560 million}} covering the replacement cost and wreckage removal. |
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According to R&B Falcon's filings to [[Securities & Exchange Commission|SEC]] in 2001, the transfer document between R&B Falcon and Transocean was dated 17 August 2001,[{{cite web |url=http://edgar.secdatabase.com/2442/101540201502602/filing-main.htm |title=R&B FALCON CORP, Form 8-K, Current Report, Filing Date Aug 31, 2001 |publisher=secdatabase.com |access-date=15 May 2018 |archive-date=24 February 2021 |archive-url=https://web.archive.org/web/20210224230108/http://edgar.secdatabase.com/2442/101540201502602/filing-main.htm |url-status=live }}] and the rig was specified as "official registration number of 29273-PEXT-1, IMO number of 8764597, with gross tonnage of 32,588 and net tonnage of 9,778" and the transfer value as {{nowrap|US$340 million}}. {{as of|2010}}, the rig was insured for {{Nowrap|US$560 million}} covering the replacement cost and wreckage removal. |