| Schedule of Disaggregation of Revenue by Rig Types |
The following table provides information about contract drilling services revenue by rig types: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | Floaters | | $ | 684,320 | | | $ | 517,755 | | | 1,377,771 | | | 1,012,222 | | | Jackups | | 127,757 | | | 142,955 | | | 266,734 | | | 260,913 | | | Total | | $ | 812,077 | | | $ | 660,710 | | | $ | 1,644,505 | | | $ | 1,273,135 | |
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| Schedule of Contract Assets and Contract Liabilities |
The following table provides information about contract assets and contract liabilities from contracts with customers: | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | Current customer contract assets | | $ | 25,366 | | | $ | 26,049 | | | Noncurrent customer contract assets | | 7,344 | | | 11,042 | | | Total customer contract assets | | 32,710 | | | 37,091 | | | | | | | | Current deferred revenue | | (53,122) | | | (61,506) | | | Noncurrent deferred revenue | | (40,511) | | | (40,439) | | | Total deferred revenue | | $ | (93,633) | | | $ | (101,945) | |
Significant changes in the remaining performance obligation contract assets and the contract liabilities balances for the six months ended June 30, 2025 and 2024, are as follows: | | | | | | | | | | | | | | | | | Contract Assets | | Contract Liabilities | Net balance at December 31, 2024 | | $ | 37,091 | | | $ | (101,945) | | | | | | | | Additions to deferred costs | | 25,409 | | | — | | | Additions to deferred revenue | | — | | | (92,321) | | | Amortization of deferred costs | | (29,790) | | | — | | | Amortization of deferred revenue | | — | | | 100,633 | | | Total | | (4,381) | | | 8,312 | | | | | | | Net balance at June 30, 2025 | | $ | 32,710 | | | $ | (93,633) | | | | | | | Net balance at December 31, 2023 | | $ | 4,416 | | | $ | (43,072) | | | | | | | | Additions to deferred costs | | 37,691 | | | — | | | Additions to deferred revenue | | — | | | (52,484) | | | Amortization of deferred costs | | (7,029) | | | — | | | Amortization of deferred revenue | | — | | | 23,710 | | | Total | | 30,662 | | | (28,774) | | | | | | | Net balance at June 30, 2024 | | $ | 35,078 | | | $ | (71,846) | |
| | | | | | | | | | | | | | | | | | Unfavorable contacts | | Favorable contracts | | Balance at December 31, 2024 | | $ | (8,580) | | | $ | 214 | | | | | | | | | | Amortization | | 8,580 | | | (214) | | | Balance at June 30, 2025 | | $ | — | | | $ | — | | | | | | | | | Balance at December 31, 2023 | | $ | (50,863) | | | $ | 10,128 | | | | | | | | | | Amortization | | 48,622 | | | (5,772) | | | Balance at June 30, 2024 | | $ | (2,241) | | | $ | 4,356 | | |
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