Segments and Geographic Area Analysis

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Segments and Geographic Area Analysis

14. 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, 2021, our active drilling rigs were located offshore four countries in addition to the United States. Revenues by geographic area are presented by attributing revenues to the individual country where the services were performed.

The following tables provide information about disaggregated revenue by country (in thousands):

	Successor
	Period from April 24, 2021 through June 30, 2021
	Total Contract Drilling Revenues		Revenues Related to Reimbursable Expenses		Total
United States	$	50,777	$	8,723	$	59,500
Australia		23,949		5,280		29,229
United Kingdom		12,915		953		13,868
Myanmar		7,168		1,922		9,090
Brazil		3,224		—		3,224
Total	$	98,033	$	16,878	$	114,911

	Predecessor
	Period from April 1, 2021 through April 23, 2021
	Total Contract Drilling Revenues		Revenues Related to Reimbursable Expenses		Total
United States	$	19,171	$	1,055	$	20,226
Australia		5,357		1,543		6,900
United Kingdom		3,876		350		4,226
Myanmar		2,407		803		3,210
Brazil		—		—		—
Total	$	30,811	$	3,751	$	34,562

	Predecessor
	Period from January 1, 2021 through April 23, 2021
	Total Contract Drilling Revenues		Revenues Related to Reimbursable Expenses		Total
United States	$	93,215	$	7,048	$	100,263
United Kingdom		27,967		2,300		30,267
Australia		17,031		4,697		21,728
Myanmar		11,730		1,970		13,700
Brazil		3,421		—		3,421
Total	$	153,364	$	16,015	$	169,379

	Predecessor
	Three Months Ended June 30, 2020
	Total Contract Drilling Revenues		Revenues Related to Reimbursable Expenses		Total
United States	$	82,154	$	3,284	$	85,438
Brazil		56,968		14		56,982
United Kingdom		29,173		1,633		30,806
Australia		16,195		3,283		19,478
Malaysia (1)		4,147		1,352		5,499
Total	$	188,637	$	9,566	$	198,203

	Predecessor
	Six Months Ended June 30, 2020
	Total Contract Drilling Revenues		Revenues Related to Reimbursable Expenses			Total
United States	$	187,054	$	6,427		$	193,481
Brazil		120,147		(39	)		120,108
United Kingdom		61,772		4,878			66,650
Australia		33,383		8,112			41,495
Malaysia (1)		4,147		1,492			5,639
Total	$	406,503	$	20,870		$	427,373

⁽¹⁾ Revenue earned by the Ocean Monarch during a standby period in Malaysia while awaiting clearance to begin operations in Myanmar waters.