Drilling and Other Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Summary of Cost and Accumulated Depreciation of Drilling and Other Property and Equipment

Cost and accumulated depreciation of drilling and other property and equipment are summarized as follows (in thousands):

	September 30,			December 31,
	2023			2022
Drilling rigs and equipment	$	1,219,768		$	1,126,793
Finance lease right of use asset		174,571			174,571
Land and buildings		10,034			10,001
Office equipment and other		3,492			2,515
Cost		1,407,865			1,313,880
Less: accumulated depreciation		(250,528	)		(171,972	)
Drilling and other property and equipment, net	$	1,157,337		$	1,141,908