v3.22.2.2
Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net
Property and equipment, net include the following (in millions):
Estimated Useful Life
(years)
September 30, 2022December 31, 2021
High specification rigs20$130.5 $145.4 
High specification rigs machinery and equipment
5 - 10
61.5 63.1 
Wireline services machinery and equipment
5 - 10
54.3 53.1 
Processing solutions and ancillary services machinery and equipment
3 - 30
66.9 69.4 
Vehicles
3 - 15
45.1 46.3 
Other property and equipment
5 - 25
21.0 30.9 
Property and equipment379.3 408.2 
Less: accumulated depreciation(157.1)(140.5)
Construction in progress4.0 2.9 
Property and equipment, net$226.2 $270.6