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ASSETS HELD FOR SALE
6 Months Ended
Mar. 31, 2024
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]  
ASSETS HELD FOR SALE ASSETS HELD FOR SALE
Contract Drilling Segment Property and Equipment

During the quarter ended March 31, 2024, the Company commenced the marketing of a portion of the contract drilling segment's property and equipment, the majority of which was already fully depreciated. There was no impairment related to the classification change from held and used to held for sale as the fair value, less estimated selling costs, of the disposal group exceeded its carrying value. The property and equipment deemed necessary to complete the contract drilling segment's contracts in backlog will continue to be classified as held and used.