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Revenue
12 Months Ended
Dec. 31, 2023
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

 

 

 

For the Year Ended
December 31, 2023

 

 

For the 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

 

U.S. land

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

166,938

 

 

$

160,742

 

 

$

87,432

 

 

 

$

4,917

 

Well Services

 

 

25,572

 

 

 

24,558

 

 

 

20,133

 

 

 

 

3,379

 

Total U.S. land

 

 

192,510

 

 

 

185,300

 

 

 

107,565

 

 

 

 

8,296

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. offshore

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

161,771

 

 

 

140,881

 

 

 

103,646

 

 

 

 

8,196

 

Well Services

 

 

106,565

 

 

 

122,848

 

 

 

93,412

 

 

 

 

7,371

 

Total U.S. offshore

 

 

268,336

 

 

 

263,729

 

 

 

197,058

 

 

 

 

15,567

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

International

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

123,540

 

 

 

101,319

 

 

 

77,617

 

 

 

 

5,226

 

Well Services

 

 

335,034

 

 

 

333,612

 

 

 

266,514

 

 

 

 

16,839

 

Total International

 

 

458,574

 

 

 

434,931

 

 

 

344,131

 

 

 

 

22,065

 

Total Revenues

 

$

919,420

 

 

$

883,960

 

 

$

648,754

 

 

 

$

45,928

 

 

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

 

 

 

Successor

 

 

 

Predecessor

 

 

 

For the Year Ended
December 31, 2023

 

 

For the 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

 

Services

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

$

71,088

 

 

$

53,029

 

 

$

33,629

 

 

 

$

2,005

 

Well Services

 

 

286,848

 

 

 

333,746

 

 

 

272,070

 

 

 

 

17,229

 

Total Services

 

 

357,936

 

 

 

386,775

 

 

 

305,699

 

 

 

 

19,234

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

330,475

 

 

 

299,128

 

 

 

197,050

 

 

 

 

14,082

 

Well Services

 

 

16,253

 

 

 

10,186

 

 

 

11,901

 

 

 

 

352

 

Total Rentals

 

 

346,728

 

 

 

309,314

 

 

 

208,951

 

 

 

 

14,434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals

 

 

50,686

 

 

 

50,786

 

 

 

38,016

 

 

 

 

2,252

 

Well Services

 

 

164,070

 

 

 

137,085

 

 

 

96,088

 

 

 

 

10,008

 

Total Product Sales

 

 

214,756

 

 

 

187,871

 

 

 

134,104

 

 

 

 

12,260

 

Total Revenues

 

$

919,420

 

 

$

883,960

 

 

$

648,754

 

 

 

$

45,928