PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Summary of Component of Property, Plant and Equipment, Net

The following table shows the component of property, plant and equipment, net (in thousands):

	Estimated Useful Lives (in Years)	March 31, 2024			December 31, 2023
Rental tools and equipment	5-10		195,460			188,949
Buildings and improvements	5-40		6,686			6,672
Office furniture, fixtures and equipment	3-5		2,269			2,389
Transportation and equipment	3-5		783			793
Total property, plant and equipment			205,198			198,803
Less: accumulated deprecation			(134,602	)		(133,003	)
Property, plant and equipment, net (excluding construction in progress)			70,596			65,800
Construction in progress			-			-
Property, plant and equipment, net		$	70,596		$	65,800