v3.26.1
Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net
Property and equipment, net include the following (in millions):
Estimated Useful Life
(Years)
March 31, 2026December 31, 2025
High specification rigs15$194.2 $191.8 
Machinery and equipment
3 - 30
250.0 247.4 
Vehicles
3 - 15
63.5 63.4 
Other property and equipment
5 - 25
24.9 24.5 
Property and equipment532.6 527.1 
Less: accumulated depreciation(271.9)(256.8)
Construction in progress23.4 10.6 
Property and equipment, net$284.1 $280.9