Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Operating Segment

Goodwill by operating segment as of September 30, 2023 and changes for the nine months then ended are as follows (in thousands):

	Completion		Drilling
	Services		Products		Total
Balance at beginning of period	$	—	$	—	$	—
Goodwill acquired		921,656		451,341		1,372,997
Balance at end of period	$	921,656	$	451,341	$	1,372,997

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, 2023 and December 31, 2022 (in thousands):

	September 30, 2023							December 31, 2022
	Gross					Net		Gross					Net
	Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	Amount		Amortization			Amount		Amount		Amortization			Amount
Customer relationships	$	785,866	$	(7,915	)	$	777,951	$	1,800	$	(1,071	)	$	729
Developed technology		202,772		(6,404	)		196,368		7,772		(3,773	)		3,999
Trade name		101,000		(1,083	)		99,917		—		—			—
Other		1,352		(630	)		722		1,450		(333	)		1,117
Intangible assets, net	$	1,090,990	$	(16,032	)	$	1,074,958	$	11,022	$	(5,177	)	$	5,845