Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411 feet (3,174 meters) of water while working for 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.