| 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, | | | 2026 | | 2025 | | 2026 | | 2025 | Floaters | | $ | 550,926 | | | $ | 684,320 | | | 1,171,482 | | | 1,377,771 | | Jackups | | 128,518 | | | 127,757 | | | 250,515 | | | 266,734 | | Total | | $ | 679,444 | | | $ | 812,077 | | | $ | 1,421,997 | | | $ | 1,644,505 | |
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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, 2026 | | December 31, 2025 | Current customer contract assets | | $ | 9,380 | | | $ | 29,525 | | Noncurrent customer contract assets | | 158 | | | 1,112 | | Total customer contract assets | | 9,538 | | | 30,637 | | | | | | | Current deferred revenue | | (53,827) | | | (64,400) | | Noncurrent deferred revenue | | (38,889) | | | (32,718) | | Total deferred revenue | | $ | (92,716) | | | $ | (97,118) | |
Significant changes in the remaining performance obligation contract assets and contract liabilities balances for the six months ended June 30, 2026 and 2025, are as follows: | | | | | | | | | | | | | | | | | Contract Assets | | Contract Liabilities | Net balance at December 31, 2025 | | $ | 30,637 | | | $ | (97,118) | | | | | | | Additions to deferred costs | | 7,197 | | | — | | Additions to deferred revenue | | — | | | (33,951) | | Amortization of deferred costs | | (28,296) | | | — | | Amortization of deferred revenue | | — | | | 38,353 | | Total | | (21,099) | | | 4,402 | | | | | | | Net balance at June 30, 2026 | | $ | 9,538 | | | $ | (92,716) | | | | | | | 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) | |
| | | | | | | | | | | | | | | | | Unfavorable contracts | | Favorable contracts | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2024 | | $ | (8,580) | | | $ | 214 | | | | | | | Amortization | | 8,580 | | | (214) | | Balance at June 30, 2025 | | $ | — | | | $ | — | |
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