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COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2019

COMMITMENTS AND CONTINGENCIES

Schedule of rig termination commitments

As of September 30, 2019, the Company has the following rig termination commitment related to a historical rig contract (in thousands):

Remaining period in 2019		$	—
2020			3,000
2021			—
2022			—
2023			—
Thereafter			—
Total		$	3,000

Schedule of purchase commitments related to equipment

As of September 30, 2019, the Company has the following purchase commitments related to equipment (in thousands):

Remaining period in 2019		$	389
2020			—
2021			—
2022			—
2023			—
Thereafter			—
Total		$	389

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