Revenue and Accounts Receivable

9 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue and Accounts Receivable

(2) Revenue and Accounts Receivable

Disaggregation of Revenue

The following table presents our revenues by segment disaggregated by geography:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
U.S. land
Rentals	$	28,934	$	37,478	$	100,653	$	127,341
Well Services		7,027		8,223		20,735		20,384
Total U.S. land		35,961		45,701		121,388		147,725
U.S. offshore
Rentals		32,228		44,681		100,123		117,867
Well Services		17,489		14,459		69,486		54,185
Total U.S. offshore		49,717		59,140		169,609		172,052
International
Rentals		36,695		31,042		105,023		89,225
Well Services		74,934		74,502		211,002		265,993
Total International		111,629		105,544		316,025		355,218
Total Revenues	$	197,307	$	210,385	$	607,022	$	674,995

The following table presents our revenues by segment disaggregated by type:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Services
Rentals	$	16,119	$	17,073	$	56,129	$	52,093
Well Services		66,224		63,883		181,238		228,283
Total Services		82,343		80,956		237,367		280,376
Rentals
Rentals		74,360		84,682		221,592		248,404
Well Services		2,771		4,666		12,960		11,915
Total Rentals		77,131		89,348		234,552		260,319
Product Sales
Rentals		7,378		11,446		28,078		33,936
Well Services		30,455		28,635		107,025		100,364
Total Product Sales		37,833		40,081		135,103		134,300
Total Revenues	$	197,307	$	210,385	$	607,022	$	674,995

Accounts Receivable, net

Our allowance for credit losses as of September 30, 2024 and December 31, 2023 was approximately $5.6 million and $6.3 million, respectively.