Segments and Geographic Area Analysis

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segments and Geographic Area Analysis

9. Segments and Geographic Area Analysis

We provide contract drilling services with different types of offshore drilling rigs and also provide such services in many geographic locations. However, we have aggregated these operations into one reportable segment based on the similarity of economic characteristics due to the nature of the revenue-earning process as it relates to the offshore drilling industry over the operating lives of our drilling rigs and other qualitative factors such as (i) the nature of services provided (contract drilling), (ii) similarity in operations (interchangeable rig crews and shared management and marketing, engineering, marine and maintenance support) (iii) similar regulatory environment (depending on customer and/or location), and (iv) similar contractual arrangements with customers.

Our drilling rigs are highly mobile and may be moved to other markets throughout the world in response to market conditions or customer needs. At March 31, 2022, our active drilling rigs were located offshore four countries in addition to the United States. Revenues by geographic area are presented by attributing revenues to the individual country where the services were performed.

The following tables provide information about disaggregated revenue by country (in thousands):

	Successor
	Three Months Ended March 31, 2022
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	76,283	$	26,239	$	102,522
Senegal		27,116		1,746		28,862
Brazil		19,266		—		19,266
Australia		15,697		2,604		18,301
Myanmar		9,584		3,970		13,554
United Kingdom		2,306		1,428		3,734
Total	$	150,252	$	35,987	$	186,239

	Predecessor
	Three Months Ended March 31, 2021
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	74,046	$	5,993	$	80,039
Brazil		3,421		—		3,421
Australia		11,673		3,154		14,827
Myanmar		9,322		1,167		10,489
United Kingdom		24,091		1,950		26,041
Total	$	122,553	$	12,264	$	134,817