Risk Concentrations

6 Months Ended

Jun. 30, 2017

Risk Concentrations

Risk Concentrations

NOTE 9. RISK CONCENTRATIONS

Customer Concentrations

For the six months ended June 30, 2017, two customers (EOG Resources and PDC Energy—Well Services segment) accounted for approximately 14.5% and 24.7%, respectively, of the Company’s total revenues. For the three months ended June 30, 2017, two customers (EOG Resources and PDC Energy—Well Services segment) accounted for approximately 13.1% and 23.1%, respectively, of the Company’s total revenues. At June 30, 2017, approximately 21.2% of the accounts receivable balance was due from these customers.

For the three and six months ended June 30, 2016, one customer (EOG Resources—Well Services segment) accounted for 47.6% and 55.1%, respectively, of the Company’s total revenues. At June 30, 2016, approximately 13.2% of the accounts receivable balance was due from this customer.