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Revenue
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue

(3) Revenue

Disaggregation of Revenue

 

The following table presents revenues by segment disaggregated by geography (in thousands):

 

 

 

Successor

 

 

 

Predecessor

 

 

 

Year Ended December 31, 2022

 

 

For the Period
February 3, 2021
through
December 31, 2021

 

 

 

For the Period
January 1, 2021
through
February 2, 2021

 

 

For the Twelve Months Ended December 31, 2020

 

U.S. land

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

160,742

 

 

$

87,432

 

 

 

$

4,917

 

 

$

78,537

 

Well Services

 

 

24,558

 

 

 

20,133

 

 

 

 

3,379

 

 

 

26,924

 

Total U.S. land

 

 

185,300

 

 

 

107,565

 

 

 

 

8,296

 

 

 

105,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. offshore

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

140,881

 

 

 

103,646

 

 

 

 

8,196

 

 

 

129,021

 

Well Services

 

 

122,848

 

 

 

93,412

 

 

 

 

7,371

 

 

 

104,559

 

Total U.S. offshore

 

 

263,729

 

 

 

197,058

 

 

 

 

15,567

 

 

 

233,580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

International

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

101,319

 

 

 

77,617

 

 

 

 

5,226

 

 

 

90,277

 

Well Services

 

 

333,612

 

 

 

266,514

 

 

 

 

16,839

 

 

 

237,931

 

Total International

 

 

434,931

 

 

 

344,131

 

 

 

 

22,065

 

 

 

328,208

 

Total Revenues

 

$

883,960

 

 

$

648,754

 

 

 

$

45,928

 

 

$

667,249

 

 

The following table presents revenues by segment disaggregated by type (in thousands):

 

 

 

Successor

 

 

 

Predecessor

 

 

 

Year Ended December 31, 2022

 

 

For the Period
February 3, 2021
through
December 31, 2021

 

 

 

For the Period
January 1, 2021
through
February 2, 2021

 

 

For the Twelve Months Ended December 31, 2020

 

Services

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

53,029

 

 

$

33,629

 

 

 

$

2,005

 

 

$

45,226

 

Well Services

 

 

333,746

 

 

 

272,070

 

 

 

 

17,229

 

 

 

254,157

 

Total Services

 

 

386,775

 

 

 

305,699

 

 

 

 

19,234

 

 

 

299,383

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

299,128

 

 

 

197,050

 

 

 

 

14,082

 

 

 

215,163

 

Well Services

 

 

10,186

 

 

 

11,901

 

 

 

 

352

 

 

 

10,200

 

Total Rentals

 

 

309,314

 

 

 

208,951

 

 

 

 

14,434

 

 

 

225,363

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

50,786

 

 

 

38,016

 

 

 

 

2,252

 

 

 

37,446

 

Well Services

 

 

137,085

 

 

 

96,088

 

 

 

 

10,008

 

 

 

105,057

 

Total Product Sales

 

 

187,871

 

 

 

134,104

 

 

 

 

12,260

 

 

 

142,503

 

Total Revenues

 

$

883,960

 

 

$

648,754

 

 

 

$

45,928

 

 

$

667,249