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Segments and Geographic Area Analysis
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segments and Geographic Area Analysis

11. Segments and Geographic Area Analysis

Although we provide contract drilling services with different types of offshore drilling rigs and also provide such services in many geographic locations, 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.

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, 2019, our active drilling rigs were located offshore three countries in addition to the United States. Revenues by geographic area are presented by attributing revenues to the individual country or areas where the services were performed and, unless otherwise noted, reflect earnings attributable to our floater rigs (drillships and semisubmersibles).

The following tables provide information about disaggregated revenue by primary geographical market (in thousands):

 

 

 

Three Months Ended June 30, 2019

 

 

 

Total

Contract

Drilling

Revenues

 

 

Revenues

Related to

Reimbursable

Expenses

 

 

Total

 

United States

 

$

117,423

 

 

$

1,603

 

 

$

119,026

 

South America

 

 

29,139

 

 

 

(23

)

 

 

29,116

 

Europe

 

 

39,413

 

 

 

2,930

 

 

 

42,343

 

Australia

 

 

21,298

 

 

 

4,923

 

 

 

26,221

 

Total

 

$

207,273

 

 

$

9,433

 

 

$

216,706

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

Total

Contract

Drilling

Revenues

 

 

Revenues

Related to

Reimbursable

Expenses

 

 

Total

 

United States

 

$

256,055

 

 

$

3,551

 

 

$

259,606

 

South America

 

 

82,423

 

 

 

6

 

 

 

82,429

 

Europe

 

 

64,022

 

 

 

4,836

 

 

 

68,858

 

Australia

 

 

31,470

 

 

 

7,885

 

 

 

39,355

 

Total

 

$

433,970

 

 

$

16,278

 

 

$

450,248

 

 

 

 

Three Months Ended June 30, 2018

 

 

 

Total

Contract

Drilling

Revenues

 

 

Revenues

Related to

Reimbursable

Expenses

 

 

Total

 

United States(1)

 

$

162,202

 

 

$

1,172

 

 

$

163,374

 

South America

 

 

26,288

 

 

 

-

 

 

 

26,288

 

Europe

 

 

18,738

 

 

 

1,742

 

 

 

20,480

 

Australia/Asia

 

 

58,125

 

 

 

594

 

 

 

58,719

 

Total

 

$

265,353

 

 

$

3,508

 

 

$

268,861

 

 

(1)

Includes $3.6 million in loss-of-hire insurance proceeds received in 2018 related to early contract terminations in prior years for two jack-up rigs that previously worked in Mexico.

 

 

 

Six Months Ended June 30, 2018

 

 

 

Total

Contract

Drilling

Revenues

 

 

Revenues

Related to

Reimbursable

Expenses

 

 

Total

 

United States(1)

 

$

326,641

 

 

$

3,309

 

 

$

329,950

 

South America

 

 

80,556

 

 

 

1

 

 

 

80,557

 

Europe

 

 

30,130

 

 

 

3,120

 

 

 

33,250

 

Australia/Asia

 

 

115,952

 

 

 

4,662

 

 

 

120,614

 

Total

 

$

553,279

 

 

$

11,092

 

 

$

564,371

 

 

(1)

Includes $8.4 million in loss-of-hire insurance proceeds received in 2018 related to early contract terminations in prior years for two jack-up rigs that previously worked in Mexico.