Nabors Industries Ltd. provided operating guidance for the second quarter of 2022. For the period the company expects on U.S. Drilling, An increase in average Lower 48 rig count of 6 to 7 rigs over the first quarter average; Lower 48 adjusted gross margin per day of approximately $8,500, reflecting a significant increase in average daily revenue from the strengthening of company's leading-edge dayrates, somewhat offset by higher labor expenses and inflation; and offshore slightly above the first quarter levels and higher average dayrates in Alaska. International: An increase in average rig count of 2 to 3 rigs over the first quarter average.