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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment  
Property, Plant and Equipment

NOTE 6. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment include the following (in millions):

 

 

 

 

 

 

 

 

 

 

    

Estimated

    

 

 

    

 

 

 

 

Useful Life

 

March 31, 

 

December 31, 

 

 

(years)

 

2018

 

2017

Machinery and equipment

 

5 - 30

 

$

3.7

 

$

3.7

Vehicles

 

3 - 5

 

 

2.7

 

 

2.6

Mechanical refrigeration units

 

30

 

 

17.2

 

 

17.1

NGL storage tanks

 

15

 

 

4.3

 

 

4.3

Workover rigs

 

5 - 20

 

 

188.7

 

 

174.9

Other property, plant and equipment

 

3 - 30

 

 

14.1

 

 

12.0

Property, plant and equipment

 

  

 

 

230.7

 

 

214.6

Less: accumulated depreciation

 

  

 

 

(30.8)

 

 

(25.4)

Property, plant and equipment, net

 

  

 

$

199.9

 

$

189.2

 

Depreciation expense was $5.9 million and $3.5 million for the three months ended March 31, 2018 and 2017, respectively.