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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 134,817 $ 229,170
Operating expenses:    
Depreciation 74,626 93,043
General and administrative 12,366 16,345
Impairment of assets 197,027 774,028
Gain on disposition of assets (5,401) (3,433)
Total operating expenses 432,028 1,075,607
Operating loss (297,211) (846,437)
Other income (expense):    
Interest income 30 389
Interest expense, net of amounts capitalized (excludes $28,266 of contractual interest expense on debt subject to compromise for the three-month period ended March 31, 2021) (32,562) (32,321)
Foreign currency transaction gain 625 207
Reorganization items, net (35,252)  
Other, net 489 323
Loss before income tax expense (363,881) (877,839)
Income tax benefit 2,200 15,899
Net loss $ (361,681) $ (861,940)
Loss per share, Basic and Diluted $ (2.62) $ (6.25)
Weighted-average shares outstanding, Basic and Diluted 138,054 137,831
Contract Drilling [Member]    
Revenues:    
Total revenues $ 122,553 $ 217,866
Operating expenses:    
Contract drilling, excluding depreciation 141,573 184,511
Reimbursable Expenses [Member]    
Revenues:    
Total revenues 12,264 11,304
Operating expenses:    
Contract drilling, excluding depreciation $ 11,837 $ 11,113