Transocean Ltd. announced that its ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig.

The Dhirubhai Deepwater KG1 (UDW Drillship) recently drilled a well in 10,411 feet (3,174 meters) of water while working for India's Oil and Natural Gas Corporation Limited (ONGC) off the east coast of India.

"This accomplishment surpasses Transocean’s prior world record of 10,385 feet of water (3,165 meters) also set by the KG1 while working for ONGC in India in February," Transocean said in a press release.

ONGC reported that well # 1-D-1 in Exploratory Block KG-DWN-2005/1 was spud June 18. Exploration well # 1-D-1 is the third well to be drilled beyond the 10,000 feet water depth mark.

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