Valaris Earnings Report slide image

Valaris Earnings Report

Largest fleet of high-specification assets |||||||||||||||| Fleet Quality of Major International Offshore Drillers Valaris² 28 Transocean 12 12 Shelf 7 60 6 Transocean 16 6 151 Noble 8 38 88 Valaris² Seadrill³ 16 7 36 Noble 18 11 21 32 Borr 20 20 4 Seadrill³ 11 6 2 19 Diamond 4 14 3 12 Q1 Q2 Q3 Q4 VALARIS 24 24 Diamond Shelf Drilling Floaters 12 14 16 Q1 Q2 Q3 Jackups 19 FOCUSED VALUE DRIVEN RESPONSIBLE 60 Q4 Valaris2 Borr Drilling Noble 13 Seadrill³ 5 Q1 Q2 Q3 Q4 24 Source: S&P Global Petrodata as of April 2023; Rystad Energy. Rigs ranked into quartiles using Rystad Rig Score (Q1 = top quartile). Floaters and jackups ranked separately. 1 Average age includes delivered rigs only; 2 Excludes two drillships that Valaris has the option to purchase before year-end 2023. Includes eight jackup rigs leased to ARO Drilling; 3 Includes rigs owned by Seadrill Ltd 38 88 Avg. Age1 12 10 9 11 26 36 36 29 35 15 6 ΘΘ 11 11 7
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