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Revenue and Customers (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Rig Types
The following table provides information about contract drilling revenue by rig types:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Floaters$493,983 $202,690 $970,216 343,903 
Jackups112,197 59,773 211,254 113,595 
Total$606,180 $262,463 $1,181,470 $457,498 
Schedule of Contract Assets and Contract Liabilities
The following table provides information about contract assets and contract liabilities from contracts with customers:
June 30, 2023December 31, 2022
Current customer contract assets$9,051 $11,169 
Noncurrent customer contract assets289 368 
Total customer contract assets9,340 11,537 
Current deferred revenue(26,163)(40,214)
Noncurrent deferred revenue(14,727)(19,583)
Total deferred revenue$(40,891)$(59,797)
Significant changes in the remaining performance obligation contract assets and the contract liabilities balances for the six months ended June 30, 2023 and 2022 are as follows:
Contract AssetsContract Liabilities
Net balance at December 31, 2022$11,537 $(59,797)
Amortization of deferred costs(14,206)— 
Additions to deferred costs12,009 — 
Amortization of deferred revenue— 38,481 
Additions to deferred revenue— (19,575)
Total(2,197)18,906 
Net balance at June 30, 2023$9,340 $(40,891)
Net balance at December 31, 2021$5,744 $(27,755)
Amortization of deferred costs(13,870)— 
Additions to deferred costs21,323 — 
Amortization of deferred revenue— 29,462 
Additions to deferred revenue— (46,507)
Total7,453 (17,045)
Net balance at June 30, 2022$13,197 $(44,800)
Unfavorable contractsFavorable
contracts
Balance at December 31, 2022$(181,883)$34,372 
Additions— — 
Amortization102,091 (17,354)
Balance at June 30, 2023$(79,792)$17,018 
Balance at December 31, 2021$— $61,849 
Additions— — 
Amortization— (28,355)
Balance at June 30, 2022$— $33,494 
Estimated future amortization over the expected remaining contract periods:
For the Years Ended December 31,
202320242025Total
Unfavorable contracts$31,145 $40,439 $8,208 $79,792 
Favorable contracts$(6,394)$(10,624)$— $(17,018)
Total$24,751 $29,815 $8,208 $62,774 
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
The following table reflects revenue expected to be recognized in the future related to deferred revenue, by rig type, as of June 30, 2023:
For the Years Ended December 31,
20232024202520262027 and beyondTotal
Floaters$19,341 $8,268 $6,846 $— $— $34,455 
Jackups1,164 2,228 2,205 622 — 6,219 
Other217 — — — — 217 
Total $20,722 $10,496 $9,051 $622 $— $40,891