Segmented Information (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of operating segments [abstract]

Summary of Operating Segments

The Corporation operates primarily in Canada, the United States and certain international locations, in two industry segments; Contract Drilling Services and Completion and Production Services. Contract Drilling Services includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services includes service rigs, oilfield equipment rental, and camp and catering services.

Year ended December 31, 2023	Contract Drilling Services			Completion and Production Services			Corporate and Other			Inter- Segment Eliminations			Total
Revenue	$	1,704,265		$	240,716		$	—		$	(7,127	)	$	1,937,854
Earnings before income taxes, gain on    repurchase of unsecured senior notes,    gain on acquisition, loss (gain) on    investments and other assets, finance    charges, foreign exchange, loss on asset    decommissioning, gain on asset disposals    and depreciation and amortization		630,761			51,224			(70,867	)		—			611,118
Depreciation and amortization		269,133			14,654			13,770			—			297,557
Gain on asset disposals		(23,378	)		(973	)		(118	)		—			(24,469	)
Loss on asset decommissioning		9,592			—			—			—			9,592
Total assets		2,565,495			271,724			181,816			—			3,019,035
Capital expenditures		213,660			9,984			3,105			—			226,749

Year ended December 31, 2022	Contract Drilling Services			Completion and Production Services			Corporate and Other			Inter- Segment Eliminations			Total
Revenue	$	1,436,134		$	187,171		$	—		$	(6,111	)	$	1,617,194
Earnings before income taxes, gain on    repurchase of unsecured senior notes,    gain on acquisition, loss (gain) on    investments and other assets, finance    charges, foreign exchange, loss on asset    decommissioning, gain on asset disposals    and depreciation and amortization		397,753			38,147			(124,295	)		—			311,605
Depreciation and amortization		255,286			14,381			9,368			—			279,035
Gain on asset disposals		(25,495	)		(3,233	)		(1,198	)		—			(29,926	)
Total assets		2,574,867			179,226			122,030			—			2,876,123
Capital expenditures		177,844			5,325			1,081			—			184,250

Summary of Detailed Information About Reconciliation of Operating Gain (Loss) to Net Gain (Loss) Explanatory

	2023			2022
Earnings before income taxes, gain on repurchase    of unsecured senior notes, gain on acquisition,    loss (gain) on investments and other assets,    finance charges, foreign exchange, loss on    asset decommissioning, gain on asset disposals    and depreciation and amortization	$	611,118		$	311,605
Deduct:
Depreciation and amortization		297,557			279,035
Gain on asset disposals		(24,469	)		(29,926	)
Loss on asset decommissioning		9,592			—
Foreign exchange		(1,667	)		1,278
Finance charges		83,414			87,813
Loss (gain) on investments and other assets		6,810			(12,452	)
Gain on acquisition		(25,761	)		—
Gain on repurchase of unsecured senior notes		(137	)		—
Income taxes		(23,465	)		20,150
Net earnings (loss)	$	289,244		$	(34,293	)

Summary of Operating Segments by Geographic Locations

The Corporation’s operations are carried on in the following geographic locations:

Year ended December 31, 2023	United States		Canada		International		Total
Revenue	$	861,915	$	929,639	$	146,300	$	1,937,854
Total assets		1,226,256		1,246,069		546,710		3,019,035

Year ended December 31, 2022	United States		Canada		International		Total
Revenue	$	745,630	$	725,560	$	146,004	$	1,617,194
Total assets		1,376,413		1,056,093		443,617		2,876,123