Transitions

Fleet transition intelligence

Contract endings, confirmed follow-ons, customer changes and regional moves from accepted assignments. Short administrative gaps, maintenance windows and unknown placeholder geographies/customers are de-emphasized.

Transition rows use the production-backed asset universe. Unknown regions and undisclosed customers are excluded from regional/customer movement counts and handled as coverage quality elsewhere.

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Transition mix

Decision filters below keep production assignment rows source-backed.

43transition rows

0high significance

0medium significance

6verified confidence

25contract endings

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43 production transition results

Useful production results from current and next assignments; every row shows commercial significance and confidence.

Asset	Current customer / region	Current contract end	Next customer / region	Next start	Transition type	Gap	Commercial significance	Confidence	Last verified	Evidence
VALARIS 120 Valaris	Eni United Kingdom	Aug 2026	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 120 KFELS Super A 2013 Eni UK Jan 26 Aug 26 VALARIS 120 will substitute for VALARIS 248 from Jan 2026 to Aug 2026, while VALARIS 248 Next evidence: Excerpt not available Open source sourceUrl
VALARIS 122 Valaris	Adura United Kingdom	Aug 2026	INEOS United Kingdom	Sept 2026	Customer change	4 days	low	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 122 KFELS Super A 2014 Adura UK Jan 26 Aug 26 Contracted revenue backlog of approx. $28 million for extensions totaling 243 days. The extensions Next evidence: INEOS UK Sep 26 Feb 27 $115,000 Options with an estimated total duration of 825 days for work in the UK and Danish North Sea Open source sourceUrl
VALARIS 123 Valaris	TAQA Netherlands	Aug 2026	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: TAQA Netherlands Jan 26 Aug 26 $80,000 Accommodation support Next evidence: Excerpt not available Open source sourceUrl
VALARIS 249 Valaris	BP Trinidad And Tobago	Aug 2026	Shell Trinidad And Tobago	Oct 2026	Customer change	34 days	low	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: BP Trinidad Apr 26 Aug 26 TCV of $16.8 million based on duration of 100 days. Expect approx. 60 days out of service for Next evidence: Shell Trinidad Oct 26 Oct 27 Contracted revenue backlog of approx. $66 million based on estimated duration of 365 days. Three Open source sourceUrl
VALARIS DS-15 Valaris	No current assignment identified Côte d’Ivoire	Schedule not disclosed	CNR Côte d’Ivoire	Sept 2026	Confirmed follow-on	Gap unknown	coverage	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Excerpt not available Next evidence: CNR Cote d'Ivoire Sep 26 May 27 TCV, based on an estimated duration of 250 days, is approx. $135 million, including upfront Open source sourceUrl
VALARIS 107 Valaris	ExxonMobil Australia	Oct 2026	GB Energy Australia	Nov 2026	Customer change	4 days	low	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 107 KFELS MOD V-B 2006 ExxonMobil Australia Nov 25 Oct 26 $163,000 Next evidence: GB Energy Australia Nov 26 Mar 27 TCV of approx. $27 million based on estimated duration of 150 days Open source sourceUrl
VALARIS 121 Valaris	Adura United Kingdom	Oct 2026	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Adura UK Feb 26 Oct 26 Contracted revenue backlog of over $25 million based on estimated duration of 194 days. Option with Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-18 Valaris	No current assignment identified U.S. Gulf of Mexico	Schedule not disclosed	Occidental U.S. Gulf of Mexico	Dec 2026	Confirmed follow-on	Gap unknown	coverage	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Excerpt not available Next evidence: VALARIS DS-18 GustoMSC P10000 2015 Occidental Gulf of America Dec 26 Jun 29 914-day contract for DS-18 and 940-day contract extension for DS-16. Combined addition to Open source sourceUrl
VALARIS DS-8 Valaris	Petrobras Brazil	Dec 2026	Shell Brazil	Mar 2027	Customer change	63 days	low	verified	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS DS-8 Samsung GF12000 2015 Petrobras Brazil Dec 23 Dec 26 $428,000 Plus mobilization fee of approx. $30 million. Contract includes additional services. Expect approx. Next evidence: Shell Brazil Mar 27 May 29 TCV of approx. $300 million, excluding additional services, based on estimated duration of 800 Open source sourceUrl
VALARIS Norway Valaris	Ithaca Energy United Kingdom	Feb 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Ithaca Energy UK May 26 Feb 27 Contracted revenue backlog of approx. $36 million based on duration of 300 days Next evidence: Excerpt not available Open source sourceUrl
VALARIS 108 Valaris	ARO Drilling Saudi Arabia	Mar 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 108 KFELS MOD V-B 2007 ARO Drilling Saudi Arabia Mar 24 Mar 27 Expect approx. 15 days out of service for planned maintenance in 2Q26. 1-year priced Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-12 Valaris	BP Egypt	Apr 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS DS-12 DSME 12000 2013 BP Egypt Apr 26 Apr 27 TCV, based on estimated duration of 350 days, is approx. $140 million, inclusive of MPD and Next evidence: Excerpt not available Open source sourceUrl
VALARIS 92 Valaris	Shell United Kingdom	Aug 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 92 LT 116-C 1982 Shell UK Aug 25 Aug 27 Options with total duration of up to one year Next evidence: Excerpt not available Open source sourceUrl
VALARIS Stavanger Valaris	NEO NEXT+ United Kingdom	Aug 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS Stavanger KFELS N Class 2011 NEO NEXT+ UK Jan 26 Aug 27 TCV of over $75 million based on 600-day priced extension. Two 200-day priced options Next evidence: Excerpt not available Open source sourceUrl
VALARIS 72 Valaris	Eni United Kingdom	Sept 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 72 Hitachi 300C 1981 Eni UK Oct 25 Sep 27 Next evidence: Excerpt not available Open source sourceUrl
VALARIS 144 Valaris	Azule Energy Angola	Oct 2027	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 144 LT Super 116-E 2010 Azule Energy Angola Sep 25 Oct 27 TCV estimated to be between $149 million and $156 million based on contract duration of Next evidence: Excerpt not available Open source sourceUrl
VALARIS 248 Valaris	Eni United Kingdom	Jan 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Eni UK Aug 26 Jan 28 TCV of approx. $84 million for 730-day contract to perform P&A and CCS work. Two 3-month options. Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-17 Valaris	Equinor Brazil	Jan 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS DS-17 GustoMSC P10000 2014 Equinor Brazil Mar 26 Jan 28 Estimated total contract value ("TCV") of $498 million, inclusive of MPD, additional services and Next evidence: Excerpt not available Open source sourceUrl
VALARIS 106 Valaris	BP Indonesia	Jun 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: BP Indonesia Jul 26 Jun 28 TCV of approx. $74 million based on estimated duration of two years. Four 1-well options Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-10 Valaris	Shell Nigeria	Jul 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Shell Nigeria Jun 26 Jul 28 TCV of $352 million based on duration of two years. TCV does not include the provision of Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-9 Valaris	ExxonMobil Angola	Jul 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: ExxonMobil Angola Jul 26 Jul 28 Operating day rate is in line with recent market rates in the region. Two 6-month options Next evidence: Excerpt not available Open source sourceUrl
VALARIS 118 Valaris	BP Trinidad And Tobago	Aug 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 118 LT 240-C 2012 BP Trinidad Nov 25 Aug 28 TCV of approx. $168 million based on duration of three years. Two 1-year options Next evidence: Excerpt not available Open source sourceUrl
VALARIS DS-16 Valaris	Occidental U.S. Gulf of Mexico	Dec 2028	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: Occidental Gulf of America Jun 26 Dec 28 940-day contract extension for DS-16 and 914-day contract for DS-18. Combined addition to Next evidence: Excerpt not available Open source sourceUrl
VALARIS 110 Valaris	NOC Qatar	Oct 2029	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 110 KFELS MOD V-B 2015 NOC Qatar Oct 25 Oct 29 Contracted revenue backlog for the four-year extension is approx. $117 million. 1-year Next evidence: Excerpt not available Open source sourceUrl
VALARIS 116 Valaris	ARO Drilling Saudi Arabia	Apr 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 116 LT 240-C 2008 ARO Drilling Saudi Arabia May 25 Apr 30 Expect approx. 120 days out of service for planned maintenance in 2Q/3Q26. Next evidence: Excerpt not available Open source sourceUrl
VALARIS 140 Valaris	ARO Drilling Saudi Arabia	Apr 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 140 LT Super 116-E 2016 ARO Drilling Saudi Arabia May 25 Apr 30 Expect approx. 30 days out of service for planned maintenance in 2Q26 Next evidence: Excerpt not available Open source sourceUrl
VALARIS 146 Valaris	ARO Drilling Saudi Arabia	Apr 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 146 LT Super 116-E 2011 ARO Drilling Saudi Arabia May 25 Apr 30 Expect approx. 90 days out of service for planned maintenance in 3Q/4Q26 Next evidence: Excerpt not available Open source sourceUrl
VALARIS 250 Valaris	ARO Drilling Saudi Arabia	Apr 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 250 LT Super Gorilla XL 2003 ARO Drilling Saudi Arabia May 25 Apr 30 Expect approx. 120 days out of service for planned maintenance in 2Q/3Q26. Next evidence: Excerpt not available Open source sourceUrl
VALARIS 141 Valaris	ARO Drilling Saudi Arabia	Aug 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 141 LT Super 116-E 2016 ARO Drilling Saudi Arabia Aug 25 Aug 30 Expect approx. 10 days out of service for planned maintenance in 2Q26 Next evidence: Excerpt not available Open source sourceUrl
VALARIS 76 Valaris	ARO Drilling Saudi Arabia	Dec 2030	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Valaris Fleet Status Report Current evidence: VALARIS 76 LT Super 116-C 2000 ARO Drilling Saudi Arabia Dec 25 Dec 30 Priced options of up to two years Next evidence: Excerpt not available Open source sourceUrl
VALARIS 104 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 109 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 111 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 117 Valaris	No current assignment identified Trinidad And Tobago	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Contract ending	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 143 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 147 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS 148 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS DPS-1 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS DS-11 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS DS-13 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS DS-14 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS MS-1 Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable
VALARIS Viking Valaris	No current assignment identified Region not verified	Schedule not disclosed	Customer undisclosed Region not verified	Schedule not disclosed	Stacked	Gap unknown	watch	schedule unclear	Jul 2026	Evidence Source title: Not identified Current evidence: Excerpt not available Next evidence: Excerpt not available Source link unavailable