Property and Equipment

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 5— Property and Equipment

Property and equipment, at cost, for Noble consisted of the following:

	June 30, 2023		December 31, 2022
Drilling equipment and facilities	$	4,100,796	$	3,997,498
Construction in progress	188,062		123,911
Other	40,144		41,796
Property and equipment, at cost	$	4,329,002	$	4,163,205

Capital expenditures, including capitalized interest, during the three months ended June 30, 2023 and 2022, totaled $115.9 million and $31.3 million, respectively, and totaled $170.9 million and $76.1 million during the six months ended June 30, 2023 and 2022, respectively.

During the first quarter of 2022, we sold the Noble Clyde Boudreaux for total net proceeds of $14.2 million, resulting in a gain of $6.8 million, which was offset by additional costs related to the sale of rigs in Saudi Arabia in 2021.