v3.25.4
Property, Plant and Equipment (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property, plant and equipment, net include the following (in thousands):
December 31,
Useful Life20252024
Machinery and equipment
7-20 years
$53,774 $114,366 
Aviation equipment(a)
3-10 years
43,498 3,742 
Buildings and leasehold improvements
15-39 years
30,100 38,039 
Drilling rigs and directional drilling equipment
3-15 years
13,062 96,120 
Vehicles, trucks and trailers
5-10 years
13,044 19,716 
Rail improvements
10-20 years
11,759 13,445 
LandN/A6,025 11,679 
Other property, plant and equipment
3-15 years
6,721 17,305 
177,983 314,412 
Equipment not yet placed in service25,970 3,094 
203,953 317,506 
Less: Accumulated depreciation(b)
97,856 250,855 
Total property, plant and equipment, net$106,097 $66,651 
a.This equipment relates to assets leased to customers under operating leases.
b.Includes accumulated depreciation of $5.7 million and $2.7 million at December 31, 2025 and 2024, respectively, related to assets under operating leases.
Schedule of Depreciation, Depletion, Accretion and Amortization Expense
A summary of depreciation, depletion, amortization and accretion is shown below (in thousands):
Years Ended December 31,
20252024
Depreciation expense$8,669 $10,245 
Depletion and accretion expense1,568 1,415 
Amortization expense55 55 
Depreciation, depletion, amortization and accretion$10,292 $11,715