Seadrill Limited · NYSE:SDRL

Seadrill — Q1 2026 Earnings Presentation

4 slides from Seadrill's earnings presentation, May 11, 2026

  1. Slide 1: Fleet Status Report

    Fleet Status Report May 11, 2026 This Fleet Status Report (“Report”) includes forward-looking statements within the meaning of U.S. federal securities laws. All statements other than statements of historical facts included in this Report, including, without limitation, those regarding Seadrill Limit

  2. Slide 2: Contract Coverage

    Contract Coverage Ordered by contract completion Firm contract Priced option period Out-of-service time Contract preparation 2026 2027 2028 Rig Name Location A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S Sevan Louisiana U.S. Gulf Active Rig Count by Location West Carina Brazil West Gem

  3. Slide 3: Fleet Contract Status

    Fleet Contract Status Year in Start End Rig Name Rig Type Location Customer Notes Service Date Date Drillships and Benign Semi-Submersible (10) Undisclosed Mar-26 May-26 Sevan Louisiana 2013 Semi-Sub U.S. Gulf Walter Oil & Gas Jun-26 Jun-26 West Auriga 2013 Drillship Brazil Petrobras Dec-24 Nov-27 T

  4. Slide 4: Fleet Contract Status

    Fleet Contract Status Year in Start End Rig Name Rig Type Location Customer Notes Service Date Date Harsh Environment Rigs (1) ConocoPhillips May-18 Sep-26 Sep-26 total contract value at signing was ~$78m, including mobilization. Accommodation contract includes West Elara 2011 CJ 70 Norway Equinor S

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