Company: NE-WTA
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038188
Chunk: 63

Company: Noble Corp plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 63
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 the following:June 30, 2025December 31, 2024Drilling equipment and facilities$6,787,350 $6,650,034 Construction in progress136,933 197,789 Other75,004 56,908 Property and equipment, at cost$6,999,287 $6,904,731 Capital additions, including capitalized interest, during the three months ended June 30, 2025 and 2024, totaled $115.0 million and $151.7 million, respectively, and during the six months ended June 30, 2025 and 2024, totaled $204.3 million and $266.6 million, respectively.During the second quarter of 2025, we sold the Pacific Scirocco for total proceeds of $15.6 million, resulting in a gain of $4.8 million.

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NOBLE CORPORATION plc AND SUBSIDIARIESNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unless otherwise indicated, dollar and share amounts in tables are in thousands, except per share data)

As of June 30, 2025, the rigs Noble Highlander and Pacific Meltem qualified as held for sale and were included in “Other assets” on our Consolidated Balance Sheet at their carrying values of $60.0 million and $21.0 million, respectively.

Note 6 — DebtAmended and Restated Senior Secured Revolving Credit AgreementIn April 2023, Noble entered into the Amended and Restated Senior Secured Revolving Credit Agreement, dated April 18, 2023, and as amended on June 24, 2024 (the “2023 Revolving Credit Agreement”), by and among Noble Finance II LLC (“Noble Finance II”), Noble International Finance Company, Noble Drilling A/S, and certain additional subsidiaries of Noble Finance II as from time to time designated by Noble Finance II, as borrowers, the lenders and issuing banks party thereto from time to time, and JPMorgan Chase Bank, N.A., as administrative agent, collateral agent, and security trustee. The revolving credit facility under the 2023 Revolving Credit Agreement (the “2023 Revolving Credit Facility”) provides for commitments of $550.0 million with maturity in 2028. The guarantors (the “Guarantors”) under the 2023 Revolving Credit Facility are the