Drilling and Other Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2024

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):

	June 30,			December 31,
	2024			2023
Drilling rigs and equipment	$	1,290,755		$	1,244,798
Finance lease right of use asset		174,571			174,571
Land and buildings		10,098			10,040
Office equipment and other		5,552			5,180
Cost		1,480,976			1,434,589
Less: accumulated depreciation		(341,174	)		(278,221	)
Drilling and other property and equipment, net	$	1,139,802		$	1,156,368