{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-25-000137","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.692962+00:00","generated_at":"2026-05-17T02:35:57.504300+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Valaris secures ~$190M in new contracts; backlog $4.5B; sells jackup for $108M","bullets":["Five-well floater contract with BP for VALARIS DS-12 in Egypt, TCV ~$140M, starts Q2 2026.","Jackup VALARIS 121 extension with Shell (194 days, >$25M) and VALARIS Norway extension with Ithaca (150 days, ~$18M).","VALARIS 247 sold for $108M in August 2025.","Total contract backlog $4.5B as of Oct 23, 2025, with floaters at $2.6B and jackups at $1.3B.","Out-of-service days planned for several rigs in 2025-2027, impacting Q4 2025 and beyond."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-25-000137","json":"https://secwatch.observer/filing/0000314808-25-000137.json","markdown":"https://secwatch.observer/filing/0000314808-25-000137.md","text":"https://secwatch.observer/filing/0000314808-25-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000137/0000314808-25-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000137/val-20251023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:35:57.504300+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"}