Drilling and Other Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2021

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):

	Successor			Predecessor
	June 30,			December 31,
	2021			2020
Drilling rigs and equipment	$	1,182,243		$	6,987,630
Land and buildings		9,803			41,072
Office equipment and other		2,177			83,016
Finance lease right of use asset		174,571			—
Cost		1,368,794			7,111,718
Less: accumulated depreciation		(18,736	)		(2,988,909	)
Drilling and other property and equipment, net	$	1,350,058		$	4,122,809