Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contracts with Customers

Schedule of revenue from contracts with customers by segment

	Year Ended December 31,
(in thousands)	2023		2022		2021
Contract operations:
0 ― 1,000 horsepower per unit	$	170,320	$	159,140	$	175,457
1,001 ― 1,500 horsepower per unit		350,961		285,758		267,191
Over 1,500 horsepower per unit		287,183		231,923		204,893
Other (1)		975		980		770
Total contract operations revenue (2)		809,439		677,801		648,311
Aftermarket services:
Services		98,803		88,728		69,876
OTC parts and components sales		82,095		79,039		63,274
Total aftermarket services revenue (3)		180,898		167,767		133,150
Total revenue	$	990,337	$	845,568	$	781,461

(1) Primarily relates to fees associated with owned non–compression equipment.

(2) Includes $4.2 million, $3.2 million and $4.0 million during the years ended December 31, 2023, 2022 and 2021, respectively, related to billable maintenance on owned compressors that was recognized at a point in time. All other contract operations revenue is recognized over time.

(3) Services revenue within aftermarket services is recognized over time. OTC parts and components sales revenue is recognized at a point in time.

Schedule of remaining performance obligations

(in thousands)	2024		2025		2026		2027		2028		Total
Remaining performance obligations	$	267,825	$	114,456	$	42,574	$	10,082	$	5,181	$	440,118