v3.23.1
Debt - PPL Newbuild Financing (Details)
$ in Millions
1 Months Ended 2 Months Ended 9 Months Ended 12 Months Ended
Nov. 15, 2022
USD ($)
rig
Jan. 31, 2021
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Oct. 31, 2022
USD ($)
Aug. 31, 2022
USD ($)
Oct. 31, 2017
rig
Dec. 31, 2022
USD ($)
rig
Dec. 31, 2023
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2017
USD ($)
Debt Instrument [Line Items]                                
Delivery financing per rig                               $ 87.0
Proceeds from sale of fixed assets                       $ 0.7 $ 2.7 $ 37.7    
Book value of jackup rigs pledged as collateral for long-term debt facilities       $ 2,396.2       $ 2,396.2       $ 2,396.2 2,730.8      
Jack-up rig equipment and machinery                                
Debt Instrument [Line Items]                                
Proceeds from sale of fixed assets $ 120.0                              
PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Extension fee           $ 7.5                    
Equity offerings used to repay facility       20.00%       20.00%       20.00%        
Number of jack-up rigs secured by mortgage | rig 9             8                
Long-term debt       $ 669.6       $ 669.6       $ 669.6 $ 753.3      
Interest Paid, Including Capitalized Interest, Operating and Investing Activities       24.0 $ 13.9             37.9        
PPL Delivery Financing | Forecast                                
Debt Instrument [Line Items]                                
Payment % to be made                 50.00% 50.00%            
Principal payment                   $ 64.0 $ 60.0          
PPL Delivery Financing | Subsequent event                                
Debt Instrument [Line Items]                                
Interest Paid, Including Capitalized Interest, Operating and Investing Activities     $ 20.0                          
Period 1 | PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Interest payable                             $ 1.0  
Interim payment 2021   $ 6.0                            
Value of rigs, 2021   70.0                            
Period 2 | PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Interim payment 2022   12.0                            
Value of rigs, 2022   75.0                            
Period 3 | PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Minimum liquidity covenant levels, amount   5.0                            
Period 4 | PPL Delivery Financing | Period 1                                
Debt Instrument [Line Items]                                
Minimum liquidity covenant levels, amount   10.0                            
Period 5 | PPL Delivery Financing | Period 2                                
Debt Instrument [Line Items]                                
Minimum liquidity covenant levels, amount   15.0                            
Period 6 | PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Value of rigs, thereafter   $ 80.0                            
PPL Delivery Financing                                
Debt Instrument [Line Items]                                
Number of premium jack up rigs agreed to acquire | rig             9                  
Term of guaranteed maturity             60 months                  
Book value of jackup rigs pledged as collateral for long-term debt facilities       $ 1,084.0       $ 1,084.0       $ 1,084.0