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Drilling and Other Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2017
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:

 

     September 30,      December 31,  
     2017      2016  
     (In thousands)  

Drilling rigs and equipment

   $ 8,279,491      $ 8,950,385  

Land and buildings

     63,309        64,449  

Office equipment and other

     78,909        73,108  
  

 

 

    

 

 

 

Cost

     8,421,709        9,087,942  

Less: accumulated depreciation

     (2,989,020      (3,361,007
  

 

 

    

 

 

 

Drilling and other property and equipment, net

   $ 5,432,689      $ 5,726,935