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Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill from December 31, 2023 to June 30, 2024, were as follows (in thousands):
Artificial Lift and Downhole
Goodwill, December 31, 2023$— 
Acquisitions63,941 
Impact on non-U.S. local currency translation(1,252)
Goodwill, June 30, 2024$62,689 
Schedule of Intangible Assets
Intangible assets consisted of the following as of June 30, 2024 and December 31, 2023, respectively (in thousands):
June 30, 2024
Gross Carrying AmountAccumulated AmortizationNet IntangiblesAmortization Period (In Years)
Customer relationships$364,622 $(179,305)$185,317 
10 - 35
Patents and technology89,001 (43,944)45,057 
5 - 19
Trade names46,574 (29,921)16,653 
7 - 19
Trademarks5,089 (2,290)2,799 
15
Non-compete agreements189 (189)— 
5
Total intangible assets$505,475 $(255,649)$249,826 
December 31, 2023
Gross Carrying AmountAccumulated AmortizationNet IntangiblesAmortization Period (In Years)
Customer relationships$267,838 $(164,672)$103,166 
10 - 35
Patents and technology89,151 (41,189)47,962 
5 - 19
Trade names42,847 (28,974)13,873 
7 - 19
Trademarks5,089 (2,120)2,969 
15
Non-compete agreements190 (190)— 
5
Total intangible assets$405,115 $(237,145)$167,970