Property and Equipment

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 5 — Property and Equipment

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

	March 31, 2025		December 31, 2024
Drilling equipment and facilities	$	6,749,303	$	6,650,034
Construction in progress	143,835		197,789
Other	61,932		56,908
Property and equipment, at cost	$	6,955,070	$	6,904,731

Capital additions, including capitalized interest, during the three months ended March 31, 2025 and 2024, totaled $89.5 million and $114.9 million, respectively.

As of March 31, 2025, the rigs Pacific Meltem and Pacific Scirocco qualified as held for sale and were included in “Other assets” on our Consolidated Balance Sheet at their carrying values of $22.7 million and $8.9 million, respectively.