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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Operating Segment Goodwill by reportable segment as of September 30, 2024 and changes for the nine months then ended are as follows (in thousands):
Completion
Services
Drilling
Products
Total
Balance at January 1, 2024
$922,125 $457,616 $1,379,741 
Measurement period adjustment— (7,113)(7,113)
Impairment(885,240)— (885,240)
Balance at September 30, 2024
$36,885 $450,503 $487,388 
Gross Carrying Amount and Accumulated Amortization of Intangible Assets The following table presents the gross carrying amount and accumulated amortization of our intangible assets as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$785,055 $(78,374)$706,681 $786,715 $(25,563)$761,152 
Developed technology202,772 (46,529)156,243 202,772 (16,435)186,337 
Trade name101,000 (10,906)90,094 101,000 (3,406)97,594 
Other12,260 (2,683)9,577 7,345 (731)6,614 
Intangible assets, net$1,101,087 $(138,492)$962,595 $1,097,832 $(46,135)$1,051,697