Segment Information - Financial Information by Segment (Details) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2026
USD ($)
|
Jun. 30, 2025
USD ($)
|
Jun. 30, 2026
USD ($)
segment
|
Jun. 30, 2025
USD ($)
|
|
| Segment Information | ||||
| Number of reportable segments | segment | 4 | |||
| Operating revenues | $ 814,795 | $ 832,788 | $ 1,598,343 | $ 1,568,974 |
| Direct costs | (507,551) | (488,881) | (1,001,020) | (936,181) |
| Depreciation and amortization | (160,549) | (175,061) | (316,735) | (329,699) |
| Other segment expenses | (85,584) | (95,448) | (170,850) | (177,989) |
| Capital expenditures | 158,223 | 198,536 | 317,534 | 349,045 |
| Operating Segments | ||||
| Segment Information | ||||
| Operating revenues | 833,081 | 847,218 | 1,627,165 | 1,597,026 |
| Direct costs | (522,132) | (500,510) | (1,023,749) | (956,336) |
| Depreciation and amortization | (157,364) | (173,229) | (310,512) | (326,037) |
| Other segment expenses | (43,142) | (45,554) | (87,096) | (84,923) |
| Total adjusted operating income (loss) | 110,443 | 127,925 | 205,808 | 229,730 |
| Capital expenditures | 159,498 | 197,764 | 317,624 | 345,747 |
| Operating Segments | U.S. Drilling | ||||
| Segment Information | ||||
| Operating revenues | 252,459 | 255,438 | 493,603 | 486,184 |
| Direct costs | (151,713) | (147,288) | (297,787) | (279,216) |
| Depreciation and amortization | (63,120) | (62,033) | (126,561) | (123,145) |
| Other segment expenses | (6,665) | (6,329) | (13,670) | (12,436) |
| Total adjusted operating income (loss) | 30,961 | 39,788 | 55,585 | 71,387 |
| Capital expenditures | 61,818 | 35,499 | 99,812 | 67,899 |
| Operating Segments | International Drilling | ||||
| Segment Information | ||||
| Operating revenues | 432,497 | 384,970 | 851,993 | 766,688 |
| Direct costs | (283,390) | (247,946) | (562,247) | (496,386) |
| Depreciation and amortization | (84,673) | (81,607) | (165,197) | (164,135) |
| Other segment expenses | (18,574) | (19,366) | (37,932) | (37,158) |
| Total adjusted operating income (loss) | 45,860 | 36,051 | 86,617 | 69,009 |
| Capital expenditures | 93,487 | 127,383 | 211,043 | 235,511 |
| Operating Segments | Drilling Solutions | ||||
| Segment Information | ||||
| Operating revenues | 110,640 | 170,283 | 216,862 | 263,462 |
| Direct costs | (59,728) | (80,482) | (116,618) | (124,705) |
| Depreciation and amortization | (7,888) | (26,136) | (14,678) | (34,076) |
| Other segment expenses | (10,899) | (13,300) | (21,569) | (21,403) |
| Total adjusted operating income (loss) | 32,125 | 50,365 | 63,997 | 83,278 |
| Capital expenditures | 3,820 | 34,414 | 5,964 | 41,586 |
| Operating Segments | Rig Technologies | ||||
| Segment Information | ||||
| Operating revenues | 37,485 | 36,527 | 64,707 | 80,692 |
| Direct costs | (27,301) | (24,794) | (47,097) | (56,029) |
| Depreciation and amortization | (1,683) | (3,453) | (4,076) | (4,681) |
| Other segment expenses | (7,004) | (6,559) | (13,925) | (13,926) |
| Total adjusted operating income (loss) | 1,497 | 1,721 | (391) | 6,056 |
| Capital expenditures | 373 | 468 | 805 | 751 |
| Other items | ||||
| Segment Information | ||||
| Operating revenues | (18,286) | (14,430) | (28,822) | (28,052) |
| Direct costs | 14,581 | 11,629 | 22,729 | 20,155 |
| Depreciation and amortization | (3,185) | (1,832) | (6,223) | (3,662) |
| Other segment expenses | (42,442) | (49,894) | (83,754) | (93,066) |
| Capital expenditures | $ (1,275) | $ 772 | $ (90) | $ 3,298 |