v3.22.2.2
Segment Reporting (Details)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2021
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
segment
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting            
Number of reportable segments | segment       3    
Revenues   $ 177.0 $ 81.7 $ 454.2 $ 170.0  
Cost of services   138.1 74.0 376.1 152.2  
General and administrative   11.0 7.1 32.4 16.7  
Depreciation and amortization   10.8 8.7 33.8 24.9  
Impairment of fixed assets   0.2 0.0 1.3 0.0  
Gain (loss) on sale of assets   1.1 0.0 0.0 (0.1)  
Operating income (loss)   18.0 (8.1) 10.6 (23.9)  
Interest expense, net   1.8 1.2 5.7 2.5  
Tax (benefit) expense   3.4 (0.2) 1.0 0.1  
Gain on bargain purchase, net of tax $ (40.0) (0.8) 0.0 (3.6) 0.0  
Net income (loss)   13.6 (9.1) 7.5 (26.5)  
Capital expenditures   5.2 3.0 12.9 6.5  
Accounts receivable, net   95.0   95.0   $ 80.8
Property and equipment, net   226.2   226.2   270.6
Total assets   408.2   408.2   393.1
Operating Segments | High specification rigs            
Segment Reporting            
Revenues   79.7 29.9 220.6 80.6  
Cost of services   62.7 25.1 175.3 68.1  
General and administrative   0.0 0.0 0.0 0.0  
Depreciation and amortization   6.3 4.1 20.8 13.6  
Impairment of fixed assets   0.0   0.0    
Gain (loss) on sale of assets   0.0   0.0    
Operating income (loss)   10.7 0.7 24.5 (1.1)  
Interest expense, net   0.0 0.0 0.0 0.0  
Tax (benefit) expense   0.0   0.0 0.0  
Gain on bargain purchase, net of tax   0.0   0.0    
Net income (loss)   10.7 0.7 24.5 (1.1)  
Capital expenditures   2.8 2.2 5.7 4.6  
Accounts receivable, net   49.0   49.0   40.9
Property and equipment, net   128.8   128.8   155.0
Total assets           219.1
Operating Segments | Wireline services            
Segment Reporting            
Revenues   60.6 45.4 148.7 73.1  
Cost of services   49.2 44.0 134.8 70.4  
General and administrative   0.0 0.0 0.0 0.0  
Depreciation and amortization   2.8 2.7 8.3 5.5  
Impairment of fixed assets   0.0   0.0    
Gain (loss) on sale of assets   0.0   0.0    
Operating income (loss)   8.6 (1.3) 5.6 (2.8)  
Interest expense, net   0.0 0.0 0.0 0.0  
Tax (benefit) expense   0.0 0.0 0.0 0.0  
Gain on bargain purchase, net of tax   0.0   0.0    
Net income (loss)   8.6 (1.3) 5.6 (2.8)  
Capital expenditures   0.4 0.6 2.0 1.4  
Accounts receivable, net   29.7   29.7   26.8
Property and equipment, net   34.4   34.4   41.5
Total assets           76.4
Operating Segments | Processing solutions and ancillary services            
Segment Reporting            
Revenues   36.7 6.4 84.9 16.3  
Cost of services   26.2 4.9 66.0 13.7  
General and administrative   0.0 0.0 0.0 0.0  
Depreciation and amortization   1.3 1.5 3.3 4.7  
Impairment of fixed assets   0.0   0.0    
Gain (loss) on sale of assets   0.0   0.0    
Operating income (loss)   9.2 0.0 15.6 (2.1)  
Interest expense, net   0.0 0.0 0.0 0.0  
Tax (benefit) expense   0.0 0.0 0.0 0.0  
Gain on bargain purchase, net of tax   0.0   0.0    
Net income (loss)   9.2 0.0 15.6 (2.1)  
Capital expenditures   2.0 0.2 5.2 0.5  
Accounts receivable, net   16.3   16.3   13.1
Property and equipment, net   45.7   45.7   48.9
Total assets           69.4
Segment Reconciling Items            
Segment Reporting            
Revenues   0.0 0.0 0.0 0.0  
Cost of services   0.0 0.0 0.0 0.0  
General and administrative   11.0 7.1 32.4 16.7  
Depreciation and amortization   0.4 0.4 1.4 1.1  
Impairment of fixed assets   0.2   1.3    
Gain (loss) on sale of assets   1.1   0.0    
Operating income (loss)   (10.5) (7.5) (35.1) (17.9)  
Interest expense, net   1.8 1.2 5.7 2.5  
Tax (benefit) expense   3.4 (0.2) 1.0 0.1  
Gain on bargain purchase, net of tax   (0.8)   (3.6)    
Net income (loss)   (14.9) (8.5) (38.2) (20.5)  
Capital expenditures   0.0 $ 0.0 0.0 $ 0.0  
Accounts receivable, net   0.0   0.0   0.0
Property and equipment, net   $ 17.3   $ 17.3   25.2
Total assets           $ 28.2