We foresee a continuation of the positive trend in day rates for both drillships and jackups due to strong demand and a constrained supply.

Source: https://seekingalpha.com/article/4639212-valaris-uncovering-cash-flow-potential-to-buy-back-shares?source=feed_all_articles

What I will say at a high end macro level, this is a 50-50 venture with the biggest user of 9 jackups in the world, in a market where some could say colloquially, the last well in the world will be drilled.

Source: https://seekingalpha.com/article/4580321-valaris-limited-val-q4-2022-earnings-call-transcript?source=feed_all_articles