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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment  
Major Components of Property, Plant and Equipment

December 31,

 

    

2019

    

2018

 

(In thousands)

 

Land

$

33,931

$

43,187

Buildings

 

132,603

 

123,619

Drilling rigs and related equipment

 

12,948,504

 

13,021,580

Oilfield hauling and mobile equipment

 

270,826

 

267,223

Other machinery and equipment

 

192,081

 

197,094

Oil and gas properties

12,286

12,286

Construction-in-process (1)

 

25,391

 

30,395

$

13,615,622

$

13,695,384

Less: accumulated depreciation and amortization

 

(8,685,073)

 

(8,227,514)

$

4,930,549

$

5,467,870

(1)Relates primarily to amounts capitalized for new or substantially new drilling rigs and related equipment that were under construction and had not yet been placed in service as of December 31, 2019 or 2018.