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Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net
Property and equipment, net include the following (in millions):
Estimated Useful Life
(years)
September 30, 2025December 31, 2024
High specification rigs15$157.5 $150.2 
Machinery and equipment
3 - 30
218.7 216.0 
Vehicles
3 - 15
52.4 55.1 
Other property and equipment
5 - 25
21.6 21.4 
Property and equipment450.2 442.7 
Less: accumulated depreciation(246.5)(229.0)
Construction in progress11.2 10.6 
Property and equipment, net$214.9 $224.3