CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 05, 2021	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022
Operating revenues
Operating revenues	$ 77,481	$ 770,325	$ 2,589,018	$ 1,413,847
Operating costs and expenses
Depreciation and amortization	20,622	89,535	301,345	146,879
General and administrative	5,727	62,476	128,413	82,177
Merger and integration costs	0	24,792	60,335	84,668
(Gain) loss on sale of operating assets, net	0	(185,934)	0	(90,230)
Hurricane losses and (recoveries), net	0	23,350	(19,703)	60
Total operating costs and expenses	76,051	709,493	2,014,313	1,185,077
Operating income (loss)	1,430	60,832	574,705	228,770
Other income (expense)
Interest expense, net of amounts capitalized	(229)	(31,735)	(59,139)	(42,722)
Gain (loss) on extinguishment of debt, net	0	0	(26,397)	(8,912)
Interest income and other, net	399	10,945	18,069	14,365
Gain on bargain purchase	0	62,305	5,005	0
Reorganization items, net	252,051	0	0	0
Income (loss) before income taxes	253,651	102,347	512,243	191,501
Income tax benefit (provision)	(3,423)	(365)	(30,341)	(22,553)
Net income (loss)	$ 250,228	$ 101,982	$ 481,902	$ 168,948
Basic earnings (loss) per share (usd per share)	$ 1.00	$ 1.61	$ 3.48	$ 1.99
Diluted earnings (loss) per share (usd per share)	$ 0.98	$ 1.51	$ 3.32	$ 1.73
Weighted Average Shares Outstanding
Basic (in shares)	251,115	63,186	138,380	85,055
Diluted (in shares)	256,571	67,628	145,197	97,607
Contract drilling services
Operating revenues
Operating revenues	$ 74,051	$ 708,131	$ 2,461,715	$ 1,332,841
Operating costs and expenses
Cost of services	46,965	639,442	1,452,281	897,096
Reimbursables and other
Operating revenues
Operating revenues	3,430	62,194	127,303	81,006
Operating costs and expenses
Cost of services	$ 2,737	$ 55,832	$ 91,642	$ 64,427