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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

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December 31,

 

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2019

    

2018

 

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(In thousands)

 

Land

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$

33,931

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$

43,187

​

Buildings

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132,603

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123,619

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Drilling rigs and related equipment

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12,948,504

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13,021,580

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Oilfield hauling and mobile equipment

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270,826

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267,223

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Other machinery and equipment

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192,081

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197,094

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Oil and gas properties

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​

12,286

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​

12,286

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Construction-in-process (1)

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25,391

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30,395

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​

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$

13,615,622

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$

13,695,384

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Less: accumulated depreciation and amortization

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(8,685,073)

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(8,227,514)

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​

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$

4,930,549

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$

5,467,870

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(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.