v3.25.2
Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net
Property and equipment, net include the following (in millions):
Estimated Useful Life
(years)
June 30, 2025December 31, 2024
High specification rigs15$155.5 $150.2 
Machinery and equipment
3 - 30
215.2 216.0 
Vehicles
3 - 15
53.1 55.1 
Other property and equipment
5 - 25
21.6 21.4 
Property and equipment445.4 442.7 
Less: accumulated depreciation(237.3)(229.0)
Construction in progress10.5 10.6 
Property and equipment, net$218.6 $224.3