{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-24-000056","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.522136+00:00","generated_at":"2026-06-03T03:23:51.837105+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Valaris reports $480M in new contracts, backlog rises to $4.0B, but two rig contracts suspended","bullets":["New contract awards and extensions add ~$480M to backlog; total backlog $4.0B (up from $3.9B in Feb).","Three-year extension with BP for Mad Dog and Thunder Horse rigs valued at ~$259M total.","ARO Drilling suspends contract for jackup VALARIS 143; termination expected, rig returns to Valaris.","VALARIS 92 receives suspension notice from Feb 2025, reducing backlog by ~$35M.","Two new drillships (DS-14, DS-13) arrive in Las Palmas, Spain for stacking until contracted."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-24-000056","json":"https://secwatch.observer/filing/0000314808-24-000056.json","markdown":"https://secwatch.observer/filing/0000314808-24-000056.md","text":"https://secwatch.observer/filing/0000314808-24-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480824000056/0000314808-24-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480824000056/val-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:23:51.837105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}