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Revenue (Tables)
9 Months Ended
Sep. 30, 2022
Revenue by Geography [Member]  
Disaggregation of Revenue [Line Items]  
Disaggregation Of Revenues

The following table presents our revenues by segment disaggregated by geography (in thousands):

 

 

 

For the Three Months Ended

 

 

 

September 30, 2022

 

 

 

2022

 

 

2021

 

U.S. land

 

 

 

 

 

 

Rentals

 

$

39,673

 

 

$

25,627

 

Well Services

 

 

9,808

 

 

 

6,638

 

Total U.S. land

 

 

49,481

 

 

 

32,265

 

 

 

 

 

 

 

 

U.S. offshore

 

 

 

 

 

 

Rentals

 

 

37,829

 

 

 

28,997

 

Well Services

 

 

23,609

 

 

 

22,756

 

Total U.S. offshore

 

 

61,438

 

 

 

51,753

 

 

 

 

 

 

 

 

International

 

 

 

 

 

 

Rentals

 

 

27,055

 

 

 

21,593

 

Well Services

 

 

84,313

 

 

 

72,972

 

Total International

 

 

111,368

 

 

 

94,565

 

Total Revenues

 

$

222,287

 

 

$

178,583

 

 

 

 

 

Successor

 

 

 

Predecessor

 

 

 

For the Nine Months Ended September 30, 2022

 

 

For the Period
February 3, 2021
through
September 30, 2021

 

 

 

For the Period
January 1, 2021
through
February 2, 2021

 

U.S. land

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

117,426

 

 

$

57,525

 

 

 

$

4,917

 

Well Services

 

 

18,507

 

 

 

15,545

 

 

 

 

3,379

 

Total U.S. land

 

 

135,933

 

 

 

73,070

 

 

 

 

8,296

 

 

 

 

 

 

 

 

 

 

 

 

U.S. offshore

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

106,913

 

 

 

76,290

 

 

 

 

8,196

 

Well Services

 

 

84,499

 

 

 

68,751

 

 

 

 

7,371

 

Total U.S. offshore

 

 

191,412

 

 

 

145,041

 

 

 

 

15,567

 

 

 

 

 

 

 

 

 

 

 

 

International

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

72,703

 

 

 

52,087

 

 

 

 

5,226

 

Well Services

 

 

244,809

 

 

 

180,120

 

 

 

 

16,839

 

Total International

 

 

317,512

 

 

 

232,207

 

 

 

 

22,065

 

Total Revenues

 

$

644,857

 

 

$

450,318

 

 

 

$

45,928

 

Revenue by Type [Member]  
Disaggregation of Revenue [Line Items]  
Disaggregation Of Revenues

The following table presents our revenues by segment disaggregated by type (in thousands):

 

 

 

For the Three Months Ended

 

 

 

September 30, 2022

 

 

 

2022

 

 

2021

 

Services

 

 

 

 

 

 

Rentals

 

$

15,301

 

 

$

8,735

 

Well Services

 

 

84,462

 

 

 

76,932

 

Total Services

 

 

99,763

 

 

 

85,667

 

 

 

 

 

 

 

 

Rentals

 

 

 

 

 

 

Rentals

 

 

77,561

 

 

 

56,743

 

Well Services

 

 

2,612

 

 

 

2,677

 

Total Rentals

 

 

80,173

 

 

 

59,420

 

 

 

 

 

 

 

 

Product Sales

 

 

 

 

 

 

Rentals

 

 

11,695

 

 

 

10,739

 

Well Services

 

 

30,656

 

 

 

22,757

 

Total Product Sales

 

 

42,351

 

 

 

33,496

 

Total Revenues

 

$

222,287

 

 

$

178,583

 

 

 

 

Successor

 

 

 

Predecessor

 

 

 

For the Nine Months Ended September 30, 2022

 

 

For the Period
February 3, 2021
through
September 30, 2021

 

 

 

For the Period
January 1, 2021
through
February 2, 2021

 

Services

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

39,113

 

 

$

24,591

 

 

 

$

2,005

 

Well Services

 

 

252,155

 

 

 

184,542

 

 

 

 

17,229

 

Total Services

 

 

291,268

 

 

 

209,133

 

 

 

 

19,234

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

216,371

 

 

 

133,231

 

 

 

 

14,082

 

Well Services

 

 

7,957

 

 

 

10,741

 

 

 

 

352

 

Total Rentals

 

 

224,328

 

 

 

143,972

 

 

 

 

14,434

 

 

 

 

 

 

 

 

 

 

 

 

Product Sales

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

41,558

 

 

 

28,080

 

 

 

 

2,252

 

Well Services

 

 

87,703

 

 

 

69,133

 

 

 

 

10,008

 

Total Product Sales

 

 

129,261

 

 

 

97,213

 

 

 

 

12,260

 

Total Revenues

 

$

644,857

 

 

$

450,318

 

 

 

$

45,928