PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 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)	June 30, 2024			December 31, 2023
Rental tools and equipment	5-10		198,349			188,949
Buildings and improvements	5-40		6,739			6,672
Office furniture, fixtures and equipment	3-5		2,356			2,389
Transportation and equipment	3-5		746			793
Total property, plant and equipment			208,190			198,803
Less: accumulated deprecation			(136,976	)		(133,003	)
Property, plant and equipment, net (excluding construction in progress)			71,214			65,800
Construction in progress			9			-
Property, plant and equipment, net		$	71,223		$	65,800