Acquisitions	12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]
Acquisitions	2. Acquisitions On December 12, 2016, the Company entered into an Agreement and Plan of Merger (the “merger agreement”) with Seventy Seven Energy Inc. (“SSE”) pursuant to which a subsidiary of the Company will be merged with and into SSE, with SSE continuing as the surviving entity and one of the Company’s wholly owned subsidiaries (the “SSE merger”). Under the terms of the merger agreement, the Company will acquire all of the issued and outstanding shares of common stock of SSE, in exchange for approximately 49.6 million shares of common stock of the Company, subject to certain downward adjustments set forth in the merger agreement. SSE provides contract drilling, pressure pumping and oilfield rental services in many of the most active oil and natural gas plays onshore in the United States. SSE owns a fleet of 40 AC drilling rigs, approximately 93% of which are pad capable, including 28 fit- for-purpose PeakeRigs™. The remainder of SSE’s rig fleet includes 51 SCR rigs. Additionally, SSE owns approximately 500,000 horsepower of modern, efficient fracturing equipment located in the Anadarko Basin and Eagle Ford Shale. The SSE oilfield rentals business has a modern, well-maintained fleet of premium rental tools, and it provides specialized services for land-based oil and natural gas drilling, completion and workover activities. The completion of the merger is subject to satisfaction or waiver of certain closing conditions, including, but not limited to, approval by the Company’s and SSE’s respective stockholders and other closing conditions set forth in the merger agreement. Subject to closing conditions, the merger is expected to be completed late in the first quarter or early in the second quarter of 2017. Additionally, during September 2016, the Company issued 353,804 shares of its common stock, valued at $6.7 million, in connection with the acquisition of Warrior Rig Ltd. and certain related entities (“Warrior”). Based in Calgary, Warrior manufactures and sells pipe handling components and related technology for drilling contractors in North America and other select markets. This acquisition was not significant to the Company’s consolidated financial statements.

Acquisitions

12 Months Ended

Dec. 31, 2016

2. Acquisitions

On December 12, 2016, the Company entered into an Agreement and Plan of Merger (the “merger agreement”) with Seventy Seven Energy Inc. (“SSE”) pursuant to which a subsidiary of the Company will be merged with and into SSE, with SSE continuing as the surviving entity and one of the Company’s wholly owned subsidiaries (the “SSE merger”). Under the terms of the merger agreement, the Company will acquire all of the issued and outstanding shares of common stock of SSE, in exchange for approximately 49.6 million shares of common stock of the Company, subject to certain downward adjustments set forth in the merger agreement.

SSE provides contract drilling, pressure pumping and oilfield rental services in many of the most active oil and natural gas plays onshore in the United States. SSE owns a fleet of 40 AC drilling rigs, approximately 93% of which are pad capable, including 28 fit- for-purpose PeakeRigs™. The remainder of SSE’s rig fleet includes 51 SCR rigs. Additionally, SSE owns approximately 500,000 horsepower of modern, efficient fracturing equipment located in the Anadarko Basin and Eagle Ford Shale. The SSE oilfield rentals business has a modern, well-maintained fleet of premium rental tools, and it provides specialized services for land-based oil and natural gas drilling, completion and workover activities. The completion of the merger is subject to satisfaction or waiver of certain closing conditions, including, but not limited to, approval by the Company’s and SSE’s respective stockholders and other closing conditions set forth in the merger agreement. Subject to closing conditions, the merger is expected to be completed late in the first quarter or early in the second quarter of 2017.

Additionally, during September 2016, the Company issued 353,804 shares of its common stock, valued at $6.7 million, in connection with the acquisition of Warrior Rig Ltd. and certain related entities (“Warrior”). Based in Calgary, Warrior manufactures and sells pipe handling components and related technology for drilling contractors in North America and other select markets. This acquisition was not significant to the Company’s consolidated financial statements.