Segments and Geographic Area Analysis

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segments and Geographic Area Analysis

. 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 June 30, 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 June 30, 2022
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	79,171	$	15,964	$	95,135
Australia		32,162		3,442		35,604
Senegal		26,704		4,103		30,807
United Kingdom		19,089		2,459		21,548
Brazil		19,753		—		19,753
Myanmar		—		2,855		2,855
Total	$	176,879	$	28,823	$	205,702

	Successor
	Six Months Ended June 30, 2022
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	155,453	$	42,203	$	197,656
Australia		47,860		6,046		53,906
Senegal		53,820		5,849		59,669
United Kingdom		21,395		3,887		25,282
Brazil		39,019		—		39,019
Myanmar		9,584		6,825		16,409
Total	$	327,131	$	64,810	$	391,941

	Successor
	Period from April 24, 2021 through June 30, 2021
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	50,777	$	8,723	$	59,500
Australia		23,949		5,280		29,229
United Kingdom		12,915		953		13,868
Brazil		3,224		—		3,224
Myanmar		7,168		1,922		9,090
Total	$	98,033	$	16,878	$	114,911

	Predecessor
	Period from April 1, 2021 through April 23, 2021
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	19,171	$	1,055	$	20,226
Australia		5,357		1,543		6,900
United Kingdom		3,876		350		4,226
Myanmar		2,407		803		3,210
Total	$	30,811	$	3,751	$	34,562

	Predecessor
	Period from January 1, 2021 through April 23, 2021
	Total  Contract  Drilling  Revenues		Revenues  Related to  Reimbursable  Expenses		Total
United States	$	93,215	$	7,048	$	100,263
Australia		17,031		4,697		21,728
United Kingdom		27,967		2,300		30,267
Brazil		3,421		—		3,421
Myanmar		11,730		1,970		13,700
Total	$	153,364	$	16,015	$	169,379