XML 40 R26.htm IDEA: XBRL DOCUMENT v3.24.3
Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2024
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, 2024December 31, 2023
High specification rigs15$149.2 $138.4 
Machinery and equipment
3 - 30
207.7 189.2 
Vehicles
3 - 15
53.0 53.8 
Other property and equipment
5 - 25
21.2 19.9 
Property and equipment431.1 401.3 
Less: accumulated depreciation(221.2)(196.6)
Construction in progress17.0 21.6 
Property and equipment, net$226.9 $226.3