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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue Recognition |
Schedule of revenue, disaggregated by geographical region | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | March 31, 2024
​ | ​ | ​ | U.S. Drilling | ​ | ​ | International Drilling | ​ | ​ | Drilling Solutions | ​ | ​ | Rig Technologies | ​ | ​ | Other | ​ | ​ | Total
​ | ​ | (In thousands)
Lower 48 | ​ | $ | 232,124 | ​ | $ | — | ​ | $ | 44,704 | ​ | $ | 24,060 | ​ | $ | — | ​ | $ | 300,888
U.S. Offshore Gulf of Mexico | ​ |  | 28,694 | ​ |  | — | ​ |  | 2,857 | ​ |  | — | ​ |  | — | ​ | ​ | 31,551
Alaska | ​ |  | 11,171 | ​ |  | — | ​ |  | 681 | ​ |  | — | ​ |  | — | ​ | ​ | 11,852
Canada | ​ |  | — | ​ |  | — | ​ |  | 434 | ​ |  | 1,723 | ​ |  | — | ​ | ​ | 2,157
Middle East & Asia | ​ |  | — | ​ |  | 251,240 | ​ |  | 10,955 | ​ |  | 19,173 | ​ |  | — | ​ | ​ | 281,368
Latin America | ​ |  | — | ​ |  | 84,300 | ​ |  | 15,715 | ​ |  | 3,770 | ​ |  | — | ​ | ​ | 103,785
Europe, Africa & CIS | ​ |  | — | ​ |  | 13,819 | ​ |  | 228 | ​ |  | 1,430 | ​ |  | — | ​ | ​ | 15,477
Eliminations & other | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (13,374) | ​ |  | (13,374)
Total | ​ | $ | 271,989 | ​ | $ | 349,359 | ​ | $ | 75,574 | ​ | $ | 50,156 | ​ | $ | (13,374) | ​ | $ | 733,704
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | March 31, 2023
​ | ​ | ​ | U.S. Drilling | ​ | ​ | International Drilling | ​ | ​ | Drilling Solutions | ​ | ​ | Rig Technologies | ​ | ​ | Other | ​ | ​ | Total
​ | ​ | (In thousands)
Lower 48 | ​ | $ | 306,118 | ​ | $ | — | ​ | $ | 51,782 | ​ | $ | 32,959 | ​ | $ | — | ​ | $ | 390,859
U.S. Offshore Gulf of Mexico | ​ |  | 31,659 | ​ |  | — | ​ |  | 2,833 | ​ |  | — | ​ |  | — | ​ | ​ | 34,492
Alaska | ​ |  | 12,875 | ​ |  | — | ​ |  | 451 | ​ |  | — | ​ |  | — | ​ | ​ | 13,326
Canada | ​ |  | — | ​ |  | — | ​ |  | 358 | ​ |  | 1,869 | ​ |  | — | ​ | ​ | 2,227
Middle East & Asia | ​ |  | — | ​ |  | 222,952 | ​ |  | 10,268 | ​ |  | 17,729 | ​ |  | — | ​ | ​ | 250,949
Latin America | ​ |  | — | ​ |  | 81,052 | ​ |  | 9,071 | ​ |  | 2,314 | ​ |  | — | ​ | ​ | 92,437
Europe, Africa & CIS | ​ |  | — | ​ |  | 16,044 | ​ |  | 280 | ​ |  | 3,608 | ​ |  | — | ​ | ​ | 19,932
Eliminations & other | ​ |  | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (25,083) | ​ |  | (25,083)
Total | ​ | $ | 350,652 | ​ | $ | 320,048 | ​ | $ | 75,043 | ​ | $ | 58,479 | ​ | $ | (25,083) | ​ | $ | 779,139
Summary of receivables, contract assets, current and long-term contract liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Contract | ​ | Contract | ​ | Contract | ​ | Contract
​ | ​ | Contract | ​ | Assets | ​ | Assets | ​ | Liabilities | ​ | Liabilities
​ |  | Receivables |  | (Current) |  | (Long-term) |  | (Current) |  | (Long-term)
​ | ​ | (In millions)
As of December 31, 2023 | ​ | $ | 397.1 | ​ | $ | 8.4 | ​ | $ | 3.0 | ​ | $ | 20.3 | ​ | $ | 2.0
As of March 31, 2024 | ​ | $ | 467.7 | ​ | $ | 10.1 | ​ | $ | 3.8 | ​ | $ | 23.2 | ​ | $ | 1.9

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