Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Revenues and Operating (Loss) Income by Reportable Segment

The following tables present revenues, significant expenses and operating (loss) income by reportable segment:

	Three Months Ended
		March 31, 2026
		Rocky Mountains		Southwest		Northeast /Mid-Con		Eliminations		Total
Revenues		$	38.6	$	53.7	$	52.6	$	(0.2)	$	144.7
Less
Cost of sales		33.8		45.8		38.8		(0.2)
Depreciation and amortization		5.9		7.9		7.9
Selling, general and administrative(1)		1.9		3.1		1.6
Other segment items		0.8		0.3		1.3
Segment operating income		$	(3.8)	$	(3.4)	$	3.0	$	—	$	(4.2)
Reconciliation of profit or loss (segment profit/(loss))
Unallocated corporate expenses(2)										(7.9)
Interest income										0.0
Interest expense										(11.7)
Loss before income tax										$	(23.8)

(1) Note that the Selling, general and administrative line item in the Consolidated Statement of Operations contains the Other segment items line item here, less the Research and development costs line item.

(2) For the three months ended March 31, 2026, these consist of $0.9 of cost of sales, $0.2 of depreciation and amortization, $6.4 of selling, general and administrative, and $0.4 of other expenses.

	Three Months Ended
		March 31, 2025
		Rocky Mountains		Southwest		Northeast /Mid-Con		Eliminations		Total
Revenues		$	47.9	$	65.4	$	41.0	$	(0.3)	$	154.0
Less
Cost of sales		37.7		49.7		35.8		(0.3)
Depreciation and amortization		6.8		8.3		9.0
Selling, general and administrative(1)		1.9		3.4		1.6
Other segment items		1.7		1.0		2.7
Segment operating income		$	(0.2)	$	3.0	$	(8.1)	$	—	$	(5.3)
Reconciliation of profit or loss (segment profit/(loss))
Unallocated corporate expenses(2)										(11.2)
Interest income										0.3
Interest expense										(10.3)
Loss on debt extinguishment										(1.2)
Loss before income tax										$	(27.7)

(1) Note that the Selling, general and administrative line item in the Consolidated Statement of Operations contains the Other segment items line item here, less the Research and development costs line item.

(2) For the three months ended March 31, 2025, these consist of $0.8 of cost of sales, $0.6 of depreciation and amortization, $9.4 of selling, general and administrative, and $0.4 of other expenses.

Schedule of Revenues by Service Offering by Reportable Segment

The following tables present revenues by service offering by reportable segment:

	Three Months Ended
	March 31, 2026
	Rocky Mountains		Southwest		Northeast /Mid-Con		Eliminations		Total
Drilling	$	5.9	$	10.7	$	12.5	$	(0.2)	$	28.9
Completion	17.7		28.2		32.1				78.0
Production	10.7		9.5		3.7				23.9
Intervention	4.3		5.3		4.3				13.9
Total revenues	$	38.6	$	53.7	$	52.6	$	(0.2)	$	144.7

	Three Months Ended
	March 31, 2025
	Rocky Mountains		Southwest		Northeast /Mid-Con		Eliminations		Total
Drilling	$	7.5	$	12.0	$	11.4	$	(0.3)	$	30.6
Completion	22.3		32.9		22.9				78.1
Production	12.4		12.4		2.9				27.7
Intervention	5.7		8.1		3.8				17.6
Total revenues	$	47.9	$	65.4	$	41.0	$	(0.3)	$	154.0

Schedule of Total Assets by Reportable Segment

The following table presents total assets by segment:

	Three Months Ended
	March 31, 2026		December 31, 2025
Rocky Mountains	$	90.5	$	103.0
Southwest	134.2		139.2
Northeast/Mid-Con	101.2		92.4
Total	325.9		334.6
Unallocated corporate assets	5.6		5.7
Total assets	$	331.5	$	340.3

Schedule of Cash Capital Expenditures by Reportable Segment

The following table presents cash capital expenditures by reportable segment:

	Three Months Ended
	March 31, 2026		March 31, 2025
Rocky Mountains	$	1.7	$	1.5
Southwest	1.8		6.1
Northeast/Mid-Con	5.2		7.1
Unallocated corporate expenditures	—		0.3
Total capital expenditures	$	8.7	$	15.0