Pay vs Performance Disclosure Unit_pure in Millions | 5 Months Ended | 7 Months Ended | 12 Months Ended |
May 21, 2020 | Dec. 31, 2020 | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) |
Pay vs Performance Disclosure [Table] | | | | | |
Pay vs Performance [Table Text Block] | | | Pay versus Performance Table As discussed in the CD&A above, our Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our NEOs’ realized compensation to the achievement 2022 Pay versus Performance Table Value of Initial $ in millions Year Summary (1) ($) Summary (1) ($) Compensation ($) Compensation ($) Average (2) ($) Average (2) ($) TSR (3) ($) Peer (3) ($) Net Adjusted (4) 2022 — 8,374,467 — 33,943,858 2,261,706 7,091,051 152.36 127.17 169 165 2021 — 25,270,516 — 38,425,385 5,033,297 7,445,966 100.24 79.17 352 (95 ) 2020 7,222,019 4,882,286 2,100,895 3,316,957 1,887,617 1,057,824 N/A N/A (3,978 ) 151 (1) The Company had two CEOs during 2020. Effective as of the close of the Company’s Annual General Meeting of Shareholders held on May 21, 2020, Ms. Robertson stepped down from her positions of President and Chief Executive Officer of the Company and transitioned to the position of Executive Chairman, and Mr. Eifler, who formerly served as Senior Vice President - Commercial, succeeded Ms. Robertson as President and Chief Executive Officer. On February 5, 2021, when the Company successfully completed its financial restructuring and the Debtors emerged from the Chapter 11 Cases, Ms. Robertson retired from her position as Executive Chairman. (2) The other named executive officers for each applicable year are as follows: • 2022: Richard B. Barker, William E. Turcotte, Joey M. Kawaja and Blake A. Denton • 2021: Richard B. Barker, William E. Turcotte, Joey M. Kawaja and Blake A. Denton • 2020: Richard B. Barker, William E. Turcotte, Joey M. Kawaja, Barry Smith and Stephen M Butz (3) TSR is determined based on the value of an initial fixed investment of $100. The peer group TSR represents TSR of OSX. Dividends are net of corporate taxes and the value assumes 0% reinvestment of dividends into the OSX index. Legacy Noble filed its petition for bankruptcy and delisted from the NYSE on July 31, 2020 and therefore, in accordance the rules of the SEC, the Company is not providing a TSR or Peer Group TSR for 2020. For 2021, the TSR and the Peer Group TSR reflects the period from our listing on the NYSE on June 9, 2021, following the Company’s emergence from bankruptcy, through December 31, 2021. For 2022, the TSR and the Peer Group TSR reflects the period from June 9, 2021 through December 31, 2022. (4) Adjusted free cash flow is defined as earnings before interest, taxes, depreciation and amortization (EBITDA) less cash interest, less cash taxes, plus or minus changes in working capital, and plus or minus other adjustments. Adjustments to 2022 and 2021 free cash flow remove impacts of one-off events which include, among others, rig sale proceeds, restructuring related items, and merger and integration related costs. SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “compensation actually paid” as reported in the Pay versus Performance Table. The following table details these adjustments: Year Executive(s) Summary ($) Pension Valuation Adjustments Equity Award Adjustments Deduct ($) Pension cost ($) Prior cost ($) Deduct ($) Include year-end ($) Change in ($) Dividends ($) 2022 CEO 8,374,467 — — — (6,851,915 ) 9,538,793 22,882,513 ( 5 — Other NEOs ( 2 2,261,706 — — — (1,605,943 ) 2,235,691 4,199,598 — 2021 CEO 25,270,516 — — — (23,298,341 ) 36,460,294 (7,084 ) — Other NEOs ( 2 5,033,297 — — — (4,275,914 ) 6,691,510 (2,927 ) — 2020 CEO 4,882,286 — — — (1,114,516 ) — (450,813 ) — CEO former (1) 7,222,019 (839,291 ) — — (1,322,559 ) — (2,959,274 ) — Other NEOs ( 2 1,887,617 (18,152 ) — — (584,520 ) — (227,121 ) — (5) Reflects changes in value related to the grants awarded at Legacy Noble’s emergence from bankruptcy. The Emergence Grant equity awards were made using a price per share of $13.46 based on third-party implied market prices immediately prior to emergence, and in consultation with the Company’s creditors. Please see “Explanatory Note” on page v and “2021 Emergence Grants” on page 37 for additional information. | | |
Company Selected Measure Name | | | Adjusted free cash flow | | |
Named Executive Officers, Footnote [Text Block] | | | (2) The other named executive officers for each applicable year are as follows: • 2022: Richard B. Barker, William E. Turcotte, Joey M. Kawaja and Blake A. Denton • 2021: Richard B. Barker, William E. Turcotte, Joey M. Kawaja and Blake A. Denton • 2020: Richard B. Barker, William E. Turcotte, Joey M. Kawaja, Barry Smith and Stephen M Butz | | |
Peer Group Issuers, Footnote [Text Block] | | | TSR is determined based on the value of an initial fixed investment of $100. The peer group TSR represents TSR of OSX. Dividends are net of corporate taxes and the value assumes 0% reinvestment of dividends into the OSX index. Legacy Noble filed its petition for bankruptcy and delisted from the NYSE on July 31, 2020 and therefore, in accordance the rules of the SEC, the Company is not providing a TSR or Peer Group TSR for 2020. For 2021, the TSR and the Peer Group TSR reflects the period from our listing on the NYSE on June 9, 2021, following the Company’s emergence from bankruptcy, through December 31, 2021. For 2022, the TSR and the Peer Group TSR reflects the period from June 9, 2021 through December 31, 2022. | | |
Adjustment To PEO Compensation, Footnote [Text Block] | | | Year Executive(s) Summary ($) Pension Valuation Adjustments Equity Award Adjustments Deduct ($) Pension cost ($) Prior cost ($) Deduct ($) Include year-end ($) Change in ($) Dividends ($) 2022 CEO 8,374,467 — — — (6,851,915 ) 9,538,793 22,882,513 ( 5 — Other NEOs ( 2 2,261,706 — — — (1,605,943 ) 2,235,691 4,199,598 — 2021 CEO 25,270,516 — — — (23,298,341 ) 36,460,294 (7,084 ) — Other NEOs ( 2 5,033,297 — — — (4,275,914 ) 6,691,510 (2,927 ) — 2020 CEO 4,882,286 — — — (1,114,516 ) — (450,813 ) — CEO former (1) 7,222,019 (839,291 ) — — (1,322,559 ) — (2,959,274 ) — Other NEOs ( 2 1,887,617 (18,152 ) — — (584,520 ) — (227,121 ) — | | |
Non-PEO NEO Average Total Compensation Amount | | | $ 2,261,706 | $ 5,033,297 | $ 1,887,617 |
Non-PEO NEO Average Compensation Actually Paid Amount | | | $ 7,091,051 | 7,445,966 | 1,057,824 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | | | Year Executive(s) Summary ($) Pension Valuation Adjustments Equity Award Adjustments Deduct ($) Pension cost ($) Prior cost ($) Deduct ($) Include year-end ($) Change in ($) Dividends ($) 2022 CEO 8,374,467 — — — (6,851,915 ) 9,538,793 22,882,513 ( 5 — Other NEOs ( 2 2,261,706 — — — (1,605,943 ) 2,235,691 4,199,598 — 2021 CEO 25,270,516 — — — (23,298,341 ) 36,460,294 (7,084 ) — Other NEOs ( 2 5,033,297 — — — (4,275,914 ) 6,691,510 (2,927 ) — 2020 CEO 4,882,286 — — — (1,114,516 ) — (450,813 ) — CEO former (1) 7,222,019 (839,291 ) — — (1,322,559 ) — (2,959,274 ) — Other NEOs ( 2 1,887,617 (18,152 ) — — (584,520 ) — (227,121 ) — | | |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | | | | | |
Compensation Actually Paid vs. Net Income [Text Block] | | | | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | | | | | |
Total Shareholder Return Vs Peer Group [Text Block] | | | | | |
Tabular List [Table Text Block] | | | Pay-for-Performance Alignment The following table identifies what we believe to be three of our key financial performance measures used by our Compensation Committee to link the “compensation actually paid” (CAP) to our CEO and other NEOs in 2022 to company performance, in no particular order. The role of each of these performance measures on our NEOs’ compensation is discussed in the CD&A above. Financial Performance Measures Adjusted Free Cash Flow Contract Drilling Margin Less G&A Absolute and Relative Total Shareholder Return (Matrix) | | |
Total Shareholder Return Amount | | | $ 152.36 | 100.24 | |
Peer Group Total Shareholder Return Amount | | | 127.17 | 79.17 | |
Net Income (Loss) | | | $ 169,000,000 | $ 352,000,000 | $ (3,978,000,000) |
Company Selected Measure Amount | | | 165 | (95) | 151 |
PEO Name | Ms. Robertson | Mr. Eifler | Mr. Eifler | | |
Measure [Axis]: 1 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Financial Performance Measures | | |
Measure [Axis]: 2 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Adjusted Free Cash Flow | | |
Measure [Axis]: 3 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Contract Drilling Margin Less G&A | | |
Measure [Axis]: 4 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Absolute and Relative Total Shareholder Return (Matrix) | | |
Robertson [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
PEO Total Compensation Amount | | | $ 0 | $ 0 | $ 7,222,019 |
PEO Actually Paid Compensation Amount | | | 0 | 0 | 2,100,895 |
Eifler [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
PEO Total Compensation Amount | | | 8,374,467 | 25,270,516 | 4,882,286 |
PEO Actually Paid Compensation Amount | | | 33,943,858 | 38,425,385 | 3,316,957 |
PEO [Member] | Robertson [Member] | Deduct change in pension value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | (839,291) |
PEO [Member] | Robertson [Member] | Pension service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | 0 |
PEO [Member] | Robertson [Member] | Prior service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | 0 |
PEO [Member] | Robertson [Member] | Deduct stock awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | (1,322,559) |
PEO [Member] | Robertson [Member] | Include yearend equity value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | 0 |
PEO [Member] | Robertson [Member] | Change in value of prior equity awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | (2,959,274) |
PEO [Member] | Robertson [Member] | Dividends Interest Accrued [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | | 0 |
PEO [Member] | Eifler [Member] | Deduct change in pension value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
PEO [Member] | Eifler [Member] | Pension service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
PEO [Member] | Eifler [Member] | Prior service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
PEO [Member] | Eifler [Member] | Deduct stock awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (6,851,915) | (23,298,341) | (1,114,516) |
PEO [Member] | Eifler [Member] | Include yearend equity value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 9,538,793 | 36,460,294 | 0 |
PEO [Member] | Eifler [Member] | Change in value of prior equity awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 22,882,513 | (7,084) | (450,813) |
PEO [Member] | Eifler [Member] | Dividends Interest Accrued [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
Non-PEO NEO [Member] | Deduct change in pension value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | (18,152) |
Non-PEO NEO [Member] | Pension service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
Non-PEO NEO [Member] | Prior service cost adjustment [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 0 | 0 | 0 |
Non-PEO NEO [Member] | Deduct stock awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (1,605,943) | (4,275,914) | (584,520) |
Non-PEO NEO [Member] | Include yearend equity value [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 2,235,691 | 6,691,510 | 0 |
Non-PEO NEO [Member] | Change in value of prior equity awards [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 4,199,598 | (2,927) | (227,121) |
Non-PEO NEO [Member] | Dividends Interest Accrued [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | $ 0 | $ 0 | $ 0 |