Valaris Limited (previously ENSCO-Rowan plc) is an contractor headquartered in Houston, Texas, and incorporated in . It is the largest and company in the world, and owns 52 rigs, including 36 offshore , 11 , and 5 . In 2022, the company's largest customer was (15% of revenues).
[pdf] Precision is equipping its U.S. rig fleet with upgrades to handle the increasing demand for ERL wells, particularly in plays like the Permian Basin, Eagle Ford, and Haynesville. These investments include: Higher torque top drives for better drilling power.
[pdf] The current status of the rig fleet is illustrated below: The idle Borgland Dolphin remains a financial drag, incurring daily operating expenses of USD 26,000 while generating no revenue. Management continues to actively market this rig from its current location in Las Palmas.
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