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PROPERTY, PLANT AND EQUIPMENT (Tables)
3 Months Ended
Dec. 31, 2018
PROPERTY, PLANT AND EQUIPMENT  
Summary of property, plant and equipment

Property, plant and equipment as of December 31, 2018 and September 30, 2018 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

Estimated Useful Lives

    

December 31, 2018

    

September 30, 2018

Contract drilling equipment

 

4 - 15 years

 

$

8,534,720

 

$

8,442,081

Real estate properties

 

10 - 45 years

 

 

69,420

 

 

68,888

Other

 

2 - 23 years

 

 

478,604

 

 

471,310

Construction in progress

 

  

 

 

192,983

 

 

163,968

 

 

  

 

 

9,275,727

 

 

9,146,247

Accumulated depreciation

 

  

 

 

(4,375,388)

 

 

(4,288,865)

Property, plant and equipment, net

 

  

 

$

4,900,339

 

$

4,857,382