Property and Equipment |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | Note 5 — Property and Equipment Property and equipment, at cost, for Noble consisted of the following:
Capital additions, including capitalized interest, during the three months ended June 30, 2025 and 2024, totaled $115.0 million and $151.7 million, respectively, and during the six months ended June 30, 2025 and 2024, totaled $204.3 million and $266.6 million, respectively. During the second quarter of 2025, we sold the Pacific Scirocco for total proceeds of $15.6 million, resulting in a gain of $4.8 million. As of June 30, 2025, the rigs Noble Highlander and Pacific Meltem qualified as held for sale and were included in “Other assets” on our Consolidated Balance Sheet at their carrying values of $60.0 million and $21.0 million, respectively.
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