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| | |
| Name | Country | Nature of business |
| Paragon Offshore Drilling LLC | Delaware | Holding company; rig owner |
| Paragon Offshore Enterprises Ltd. | Cayman Islands | Payroll/personnel entity for North Sea Operations |
| Paragon Offshore Finance Company | Cayman Islands | Financing company |
| Paragon Offshore Holdings US Inc. | Delaware | Holding company |
| Paragon Offshore International Ltd. | Cayman Islands | Contracting;
international personnel; rig owner |
| Paragon Offshore Leasing (Luxembourg) S.à r.l. | Luxembourg | Rig owner |
| Paragon Offshore Leasing (Switzerland) GmbH | Switzerland | Rig owner |
| Paragon Offshore Management Services, S. de R.L. de C.V. | Mexico | Management; administrative; payroll |
| Paragon Offshore Services LLC | United States | Management; administrative; payroll |
| Paragon Offshore Sterling Ltd. | Cayman Islands | Holding company |
| Paragon Offshore USA Inc. | Delaware | Contracting; operator; rig owner; payroll |
| Paragon Offshore Ven, C.A. | Venezuela | Dormant |
| Paragon Operating (M E) Ltd. | Cayman Islands | Contracting entity; operator |
| Paragon Seillean AS | Norway | Holding company |
| PGN Offshore Drilling (Malaysia) Sdn. Bhd. | Malaysia | Operator; services company |
| Prospector Finance II S.A. | Luxembourg | Financing company |
| Prospector Finance S.à.r.l. | Luxembourg | Financing company |
| Prospector New Building S.à.r.l. | Luxembourg | Marketing Service Company |
| Prospector Offshore Drilling (Singapore) PTE. LTD. | Singapore | Payroll/personnel entity for North Sea Operations |
| Prospector Offshore Drilling (UK) Ltd. | Scotland | Logistic support for North Sea Operations |
| Prospector Offshore Drilling Limited | Cyprus | Dormant |
| Prospector Offshore Drilling Rig Construction S.à.r.l. | Luxembourg | administrative on new rig constructions |
| Prospector Offshore Drilling S.A. | Luxembourg | Holding company |
| Prospector Rig 1 Contracting Company S.à.r.l. | Luxembourg | Contracting entity |
| Prospector Rig 1 Owning Company S.à.r.l. | Luxembourg | Rig owner |
| Prospector Rig 1 S.à.r.l. | Luxembourg | Financing company |
| Prospector Rig 5 Contracting Company S.à.r.l. | Luxembourg | Contracting entity |
| Prospector Rig 5 Owning Company S.à.r.l. | Luxembourg | Rig owner |
| Prospector Rig 6 Owning Company S.à.r.l. | Luxembourg | Rig owner |
| Prospector Rig 7 Owning Company S.à.r.l. | Luxembourg | Rig owner |
| Prospector Rig 8 Owning Company S.à.r.l. | Luxembourg | Rig owner |
| Prospector Support Services, Inc. | Texas | Management; administrative; payroll |
| Resolute Insurance Group Ltd. | Bermuda | Dormant |
