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Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill from December 31, 2023 to September 30, 2024, were as follows (in thousands):
Artificial Lift and Downhole
Goodwill, December 31, 2023$— 
Acquisitions66,778 
Impact on non-U.S. local currency translation(1,159)
Goodwill, September 30, 2024$65,619 
Schedule of Intangible Assets
Intangible assets consisted of the following as of September 30, 2024 and December 31, 2023, respectively (in thousands):
September 30, 2024
Gross Carrying AmountAccumulated AmortizationNet IntangiblesAmortization Period (In Years)
Customer relationships$367,596 $(187,983)$179,613 
10 - 35
Patents and technology89,356 (45,576)43,780 
5 - 19
Trade names46,841 (30,618)16,223 
7 - 19
Trademarks5,089 (2,375)2,714 
15
Non-compete agreements191 (191)— 
5
Total intangible assets$509,073 $(266,743)$242,330 
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