Key Energy Services (KEGX) 10-K 12 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Mar. 12, 2020	Jun. 28, 2019
Document Documentand Entity Information [Abstract]
Entity Registrant Name	KEY ENERGY SERVICES INC
Entity Central Index Key	0000318996
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Trading Symbol	KEGXD
Amendment Flag	false
Entity Common Stock, Shares Outstanding		13,775,267
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Public Float			$ 16.6

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 14,426	$ 50,311
Restricted cash	250	0
Accounts receivable, net of allowance for doubtful accounts of $881 and $1,056	51,091	74,253
Inventories	13,565	15,861
Other current assets	22,260	18,073
Total current assets	101,592	158,498
Property and equipment, gross	432,917	439,043
Accumulated depreciation	(205,352)	(163,333)
Property and equipment, net	227,565	275,710
Other intangible assets, net	347	404
Other assets	18,366	8,562
TOTAL ASSETS	347,870	443,174
Current liabilities:
Accounts payable	8,700	13,587
Other current liabilities	90,715	87,377
Current portion of long-term debt	2,919	2,500
Total current liabilities	102,334	103,464
Long-term debt	240,007	241,079
Workers’ compensation, vehicular and health insurance liabilities	26,072	24,775
Other non-current liabilities	30,710	28,336
Commitments and contingencies
Equity:
Common stock, $0.01 par value; 2,000,000 shares authorized, 410,990 and 407,264 outstanding	206	204
Additional paid-in capital	265,588	264,945
Retained earnings deficit	(317,047)	(219,629)
Total equity	(51,253)	45,520
TOTAL LIABILITIES AND EQUITY	$ 347,870	$ 443,174

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounts receivable, allowance for doubtful accounts	$ 881	$ 1,056
Preferred stock, shares authorized (shares)	10,000,000
Common stock, par value (usd per share)	$ 0.50	$ 0.5
Common stock, shares authorized (shares)	2,000,000	2,000,000
Common stock, shares issued (shares)	410,990	407,264
Common stock, shares outstanding (shares)	410,990	407,264

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 413,854	$ 521,695	$ 436,165
COSTS AND EXPENSES:
Direct operating expenses	333,462	406,396	332,332
Depreciation and amortization expense	56,969	82,639	84,542
General and administrative expenses	91,309	91,626	115,284
Impairment expense	0	0	187
Operating loss	(67,886)	(58,966)	(96,180)
Reorganization items, net	0	0	1,501
Interest expense, net of amounts capitalized	35,523	34,163	31,797
Other income, net	(2,016)	(2,354)	(7,187)
Loss before income taxes	(101,393)	(90,775)	(122,291)
Income tax benefit	3,975	1,979	1,702
NET LOSS	$ (97,418)	$ (88,796)	$ (120,589)
Loss per share:
Basic and diluted (usd per share)	$ (238.77)	$ (219.25)	$ (299.97)
Weighted Average Shares Outstanding:
Basic and diluted (shares)	408	405	402

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Net loss	$ (97,418)	$ (88,796)	$ (120,589)
Other comprehensive loss:
Foreign currency translation loss	0	0	(239)
COMPREHENSIVE LOSS	$ (97,418)	$ (88,796)	$ (120,828)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (97,418)	$ (88,796)	$ (120,589)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	56,969	82,639	84,542
Impairment expense	0	0	187
Bad debt expense	912	286	1,420
Accretion of asset retirement obligations	168	164	221
Loss from equity method investments	0	0	560
Amortization and write-off of deferred financing costs and premium on debt	433	476	476
Deferred income tax benefit	0	0	(35)
Gain on disposal of assets, net	(5,870)	(9,618)	(27,583)
Share-based compensation	684	5,910	7,591
Changes in working capital:
Accounts receivable	22,250	(5,220)	669
Other current assets	(1,891)	6,486	7,764
Accounts payable and accrued liabilities	(1,061)	(564)	(13,017)
Share-based compensation liability awards	(71)	253	0
Other assets and liabilities	(4,116)	6,139	6,427
Net cash used in operating activities	(29,011)	(1,845)	(51,367)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(18,302)	(37,535)	(16,079)
Proceeds from sale of fixed assets	14,563	15,403	32,992
Net cash provided by (used in) investing activities	(3,739)	(22,132)	16,913
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of long-term debt	(1,875)	(2,500)	(2,500)
Repayments of financing lease obligations	160	0	0
Payment of deferred financing costs	(811)	0	(350)
Repurchases of common stock	(39)	(280)	(697)
Proceeds from exercise warrants	0	3	0
Net cash used in financing activities	(2,885)	(2,777)	(3,547)
Effect of changes in exchange rates on cash	0	0	(146)
Net decrease in cash, cash equivalents and restricted cash	(35,635)	(26,754)	(38,147)
Cash, cash equivalents, restricted cash at beginning of period	50,311	77,065	115,212
Cash, cash equivalents, restricted cash at end of period	$ 14,676	$ 50,311	$ 77,065

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss	Retained Earnings
Beginning Balance (in shares) at Dec. 31, 2016		402
Beginning Balance at Dec. 31, 2016	$ 242,617	$ 201	$ 252,421	$ 239	$ (10,244)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation	(239)	$ 0	0	(239)	0
Common stock purchases (in shares)		(1)
Common stock purchases	(697)	$ (1)	(696)	0	0
Exercise of warrants	0
Share-based compensation (in shares)		3
Share-based compensation	7,591	$ 2	7,589	0	0
Net loss	(120,589)	$ 0	0	0	(120,589)
Ending Balance (in shares) at Dec. 31, 2017		404
Ending Balance at Dec. 31, 2017	128,683	$ 202	259,314	0	(130,833)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation	0
Common stock purchases (in shares)		(1)
Common stock purchases	(280)	$ 0	(280)	0	0
Exercise of warrants	3	$ 0	3	0	0
Share-based compensation (in shares)		4
Share-based compensation	5,910	$ 2	5,908	0	0
Net loss	(88,796)	$ 0	0	0	(88,796)
Ending Balance (in shares) at Dec. 31, 2018		407
Ending Balance at Dec. 31, 2018	45,520	$ 204	264,945	0	(219,629)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation	0
Common stock purchases (in shares)		(1)
Common stock purchases	$ (39)	$ 0	(39)	0	0
Exercise of stock warrants (in shares)	0
Exercise of warrants	$ 0
Share-based compensation (in shares)		5
Share-based compensation	684	$ 2	682	0	0
Net loss	(97,418)	$ 0	0	0	(97,418)
Ending Balance (in shares) at Dec. 31, 2019		411
Ending Balance at Dec. 31, 2019	$ (51,253)	$ 206	$ 265,588	$ 0	$ (317,047)

ORGANIZATION AND SUMMARY OF SIG

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Notes)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Key Energy Services, Inc., and its wholly owned subsidiaries (collectively, “Key,” the “Company,” “we,” “us,” “its,” and “our”) provide a full range of well services to major oil companies, independent oil and natural gas production companies. Our services include rig-based and coiled tubing-based well maintenance and workover services, well completion and recompletion services, fluid management services, fishing and rental services, and other ancillary oilfield services. Additionally, certain of our rigs are capable of specialty drilling applications. We operate in most major oil and natural gas producing regions of the continental United States. We previously had operations in Canada and Russia, which were sold in the second and third quarters of 2017, respectively. Basis of Presentation The consolidated financial statements included in this Annual Report on Form 10-K present our financial position, results of operations and cash flows for the periods presented in accordance with GAAP. The preparation of these consolidated financial statements requires us to develop estimates and to make assumptions that affect our financial position, results of operations and cash flows. These estimates also impact the nature and extent of our disclosure, if any, of our contingent liabilities. Among other things, we use estimates to (i) analyze assets for possible impairment, (ii) determine depreciable lives for our assets, (iii) assess future tax exposure and realization of deferred tax assets, (iv) determine amounts to accrue for contingencies, (v) value tangible and intangible assets, (vi) assess workers’ compensation, vehicular liability, self-insured risk accruals and other insurance reserves, (vii) provide allowances for our uncollectible accounts receivable, (viii) value our asset retirement obligations, and (ix) value our equity-based compensation. We review all significant estimates on a recurring basis and record the effect of any necessary adjustments prior to publication of our financial statements. Adjustments made with respect to the use of estimates relate to improved information not previously available. Because of the limitations inherent in this process, our actual results may differ materially from these estimates. We believe that our estimates are reasonable. We have evaluated events occurring after the balance sheet date included in this Annual Report on Form 10-K for possible disclosure as a subsequent event. Management monitored for subsequent events through the date that these financial statements were issued. Principles of Consolidation Within our consolidated financial statements, we include our accounts and the accounts of our majority-owned or controlled subsidiaries. We eliminate intercompany accounts and transactions. When we have an interest in an entity for which we do not have significant control or influence, we account for that interest using the cost method. When we have an interest in an entity and can exert significant influence but not control, we account for that interest using the equity method. Restructuring and Reverse Stock Split On March 6, 2020, we closed the previously announced restructuring of our capital structure and indebtedness (the “Restructuring”) pursuant to the Restructuring Support Agreement, dated as of January 24, 2020 (the “RSA”), with lenders under our Prior Term Loan Facility (as defined below) collectively holding over 99.5% (the “Supporting Term Lenders”) of the principal amount of the Company’s then outstanding term loans. Pursuant to the RSA and the Restructuring contemplated thereby, among other things we effected the following transactions and changes to our capital structure and governance: • pursuant to exchange agreements entered into at the closing of the Restructuring, we exchanged approximately $241.9 million aggregate outstanding principal of our term loans (together with accrued interest thereon) held by Supporting Term Lenders under our Prior Term Loan Facility into (i) approximately 13.4 million newly issued shares of common stock representing 97% of the Company’s outstanding shares after giving effect to such issuance (and without giving effect to dilution by the New Warrants and MIP (each as defined below)) and (ii) $20 million of term loans under our new $51.2 million term loan facility (the “New Term Loan Facility”), each on a pro rata basis based on their holdings of term loans under the Prior Term Loan Facility; • distributed to our common stockholders of record as of February 18, 2020 two series of warrants (the “New Warrants”); • entered into the $51.2 million New Term Loan Facility, of which (i) $30 million was funded at closing of the Restructuring with new cash proceeds from the Supporting Term Lenders and $20 million was issued in exchange for term loans held by the Supporting Term Lenders under the Prior Term Loan Facility as described above and (ii) an approximate $1.2 million was a senior secured term loan tranche in respect of term loans held by lenders under the Prior Term Loan Facility who were not Supporting Term Lenders; • entered into the New ABL Facility (as defined below); • adopted a new management incentive plan (the “MIP”) representing up to 9% of the Company’s outstanding shares after giving effect to the issuance of shares described above; and • made certain changes to the Company’s governance, including changes to our Board of Directors (the “Board”), amendments to our governing documents and entry into the Stockholders Agreement (as defined below) with the Supporting Term Lenders. In accordance with the RSA at the closing of the Restructuring, the Company amended and restated its certificate of incorporation and entered into a stockholders agreement (the “Stockholders Agreement”) with the Supporting Term Lenders in order to, among other things, provide for a Board of seven members. Pursuant to the Stockholders Agreement, our Board consists of our chief executive officer and six other members appointed by various Supporting Term Lenders. Specifically, pursuant to the Stockholders Agreement, Supporting Term Lenders who hold more than 25% of the Company’s outstanding shares as of the closing of the Restructuring are entitled to nominate two directors and Supporting Term Lenders who hold between 10% and 25% of the Company’s outstanding shares as of the closing of the Restructuring are entitled to nominate one director. All appointees or nominees of Supporting Term Lenders, other than any directed appointed or nominated by Soter Capital LLC (“Soter”), must meet the “independent director” requirements set forth in Section 303A of the NYSE Listed Company Manual. In addition, pursuant to the Stockholders Agreement, Supporting Term Lenders are entitled to appoint a non-voting board observer subject to specified ownership thresholds. In accordance with the RSA and following the closing of the Restructuring, the Company distributed to stockholders of record as of February 18, 2020 the New Warrants. The New Warrants were issued in two series each with a four-year exercise period. The first series entitles the holders to purchase in the aggregate 1,669,730 newly issued shares of common stock, representing 10% of the Company’s common shares at the closing of the Restructuring on an as-exercised basis (after giving effect to the exercise of all New Warrants, but subject to dilution by issuances under the MIP). The aggregate exercise price of the first series of New Warrants is $19.23 and was determined based on the aggregate outstanding principal amount of term loans under the Prior Term Loan Facility plus accrued interest thereon at the default rate as of the closing of the Restructuring. The second series of New Warrants entitles the holders to purchase in the aggregate 1,252,297 newly issued shares of common stock, representing 7.5% of the Company’s common shares at the closing of the Restructuring on an as-exercised basis (after giving effect to the exercise of all New Warrants, but subject to dilution by issuances under the MIP). The aggregate strike price of the second series of New Warrants is $28.85 and was determined based on the product of (i) the aggregate outstanding principal amount of term loans under the Prior Term Loan Facility plus accrued interest thereon at the default rate as of the closing of the Restructuring, multiplied by (ii) 1.50. For more information on our New Term Loan Facility and New ABL Facility entered into in connection with the Restructuring, see “Note 12. Long-Term Debt.” Effective immediately following the closing of the Restructuring, we completed a 1-for-50 reverse stock split of our outstanding common stock. As a result of this stock split, our issued and outstanding common stock decreased from approximately 20.7 million shares to approximately 410,000 shares. Accordingly, all share and per share information contained in these financial statements has been restated to retroactively show the effect of this stock split. Acquisitions From time to time, we acquire businesses or assets that are consistent with our long-term growth strategy. Results of operations for acquisitions are included in our financial statements beginning on the date of acquisition and are accounted for using the acquisition method. For all business combinations (whether partial, full or in stages), the acquirer records 100% of all assets and liabilities of the acquired business, including goodwill, at their fair values; including contingent consideration. Final valuations of assets and liabilities are obtained and recorded as soon as practicable no later than one year from the date of the acquisition. Revenue Recognition We recognize revenue when all of the following criteria have been met: (i) contract with a customer is identified, (ii) performance obligations in the contract is identified, (iii) transaction price is determined (iv) transaction price is allocated to the performance obligations and (v) revenue is recognized when (or as) the performance obligation(s) are satisfied. • Identifying the contract with the customer ensures that there is an understanding between the company and the customer, about the specific nature and terms of a transaction, has been finalized. • At the inception of a contract, the company assesses the goods or services promised in a contract with a customer, and identifies a performance obligation for each promise to transfer to the customer either: (i) a good or service (or a bundle of goods or services) that is distinct or (ii) a series of distinct goods or services that are substantially the same and have the same pattern of transfer to the customer. • The transaction price is the amount of consideration to which a company expects to be entitled in exchange for transferring promised goods or services to a customer, excluding amounts collected on behalf of third parties. The transaction price may include fixed amounts, variable amounts, or both. By its nature, variable amounts of a transaction price have inherent uncertainty as the amount ultimately expected to be realized is not determinable at the outset of a contract. However, the company shall estimate the amount of variable consideration at contract inception, subject to certain limitations. • Once the separate performance obligations are identified and the transaction price has been determined, the company allocates the transaction price to the performance obligations. This is generally done in proportion to their standalone selling prices. As a result, any discount within the contract is generally allocated proportionally to all of the separate performance obligations in the contract. • Revenue is only recognized when it satisfies an identified performance obligation by transferring a promised good or service to a customer. A good or service is considered transferred when the customer obtains control. While not typical for our business, our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. For combined products and services within a contract, we account for individual products and services separately if they are distinct- i.e. if a product or service is separately identifiable from other items in the contract and if a customer can benefit from it on its own or with other resources that are readily available to the customer. The consideration (including any discounts) is allocated between separate products and services within a contract based on the prices at which we separately sell our services. For items that are not sold separately, we estimate the standalone selling prices using the expected cost-plus margin approach. Cash and Cash Equivalents We consider short-term investments with an original maturity of less than three months to be cash equivalents. As of December 31, 2019 , all of our obligations under our Prior ABL Facility and Prior Term Loan Facility were secured by most of our assets, including assets held by our subsidiaries, which includes our cash and cash equivalents. We restrict investment of cash to financial institutions with high credit standing and limit the amount of credit exposure to any one financial institution. We maintain our cash in bank deposit and brokerage accounts which exceed federally insured limits. As of December 31, 2019 , accounts were guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 and substantially all of our accounts held deposits in excess of the FDIC limits. Certain of our cash accounts are zero-balance controlled disbursement accounts that do not have right of offset against our other cash balances. We present the outstanding checks written against these zero-balance accounts as a component of accounts payable in the accompanying consolidated balance sheets. Accounts Receivable and Allowance for Doubtful Accounts We establish provisions for losses on accounts receivable if we determine that there is a possibility that we will not collect all or part of the outstanding balances. We regularly review accounts over 150 days past due from the invoice date for collectability and establish or adjust our allowance as necessary using the specific identification method. If we exhaust all collection efforts and determine that the balance will never be collected, we write off the accounts receivable and the associated provision for uncollectible accounts. From time to time we are entitled to proceeds under our insurance policies for amounts that we have reserved in our self-insurance liability. We present these insurance receivables gross on our balance sheet as a component of other assets, separate from the corresponding liability. Concentration of Credit Risk and Significant Customers Our customers include major oil and natural gas production companies, independent oil and natural gas production companies, and natural gas production companies. We perform ongoing credit evaluations of our customers and usually do not require material collateral. We maintain reserves for potential credit losses when necessary. Our results of operations and financial position should be considered in light of the fluctuations in demand experienced by oilfield service companies as changes in oil and gas producers’ expenditures and budgets occur. These fluctuations can impact our results of operations and financial position as supply and demand factors directly affect utilization and hours which are the primary determinants of our net cash provided by operating activities. During the year ended 2017, Chevron Texaco Exploration and Production accounted for approximately 12% of our consolidated revenue. No other customer accounted for more than 10% of our consolidated revenue during the years ended December 31, 2019, 2018 and 2017 . No customers accounted for more than 10% of our total accounts receivable as of December 31, 2019 and 2018 . Inventories Inventories, which consist primarily of equipment parts and spares for use in our operations and supplies held for consumption, are valued at the lower of average cost or market. Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is provided for our assets over the estimated depreciable lives of the assets using the straight-line method. Depreciation expense for the years ended December 31, 2019, 2018 and 2017 were $56.9 million , $82.6 million and $84.5 million , respectively. We depreciate our operational assets over their depreciable lives to their salvage value, which is a value higher than the assets’ value as scrap. Salvage value approximates 10% of an operational asset’s acquisition cost. When an operational asset is stacked or taken out of service, we review its physical condition, depreciable life and ultimate salvage value to determine if the asset is operable and whether the remaining depreciable life and salvage value should be adjusted. When we scrap an asset, we accelerate the depreciation of the asset down to its salvage value. When we dispose of an asset, a gain or loss is recognized. As of December 31, 2019 , the estimated useful lives of our asset classes are as follows: Description Years Well service rigs and components 3-15 Oilfield trucks, vehicles and related equipment 4-7 Fishing and rental tools, coiled tubing units and equipment, tubulars and pressure control equipment 3-10 Disposal wells 15 Furniture and equipment 3-7 Buildings and improvements 15-30 A long-lived asset or asset group should be tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. For purposes of testing for impairment, we group our long-lived assets along our lines of business based on the services provided, which is the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. We would record an impairment charge, reducing the net carrying value to estimated fair value, if the asset group’s estimated future cash flows were less than its net carrying value. Events or changes in circumstance that cause us to evaluate our fixed assets for recoverability and possible impairment may include changes in market conditions, such as adverse movements in the prices of oil and natural gas, or changes of an asset group, such as its expected future life, intended use or physical condition, which could reduce the fair value of certain of our property and equipment. The development of future cash flows and the determination of fair value for an asset group involves significant judgment and estimates. See “Note 6. Property and Equipment,” for further discussion. Asset Retirement Obligations We recognize a liability for the fair value of all legal obligations associated with the retirement of tangible long-lived assets and capitalize an equal amount as a cost of the asset. We depreciate the additional cost over the estimated useful life of the assets. Our obligations to perform our asset retirement activities are unconditional, despite the uncertainties that may exist surrounding an individual retirement activity. Accordingly, we recognize a liability for the fair value of a conditional asset retirement obligation if the fair value can be reasonably estimated. In determining the fair value, we examine the inputs that we believe a market participant would use if we were to transfer the liability. We probability-weight the potential costs a third-party would charge, adjust the cost for inflation for the estimated life of the asset, and discount this cost using our credit adjusted risk free rate. Significant judgment is involved in estimating future cash flows associated with such obligations, as well as the ultimate timing of those cash flows. If our estimates of the amount or timing of the cash flows change, such changes may have a material impact on our results of operations. See “Note 10. Asset Retirement Obligations.” Deposits Due to capacity constraints on equipment manufacturers, we are sometimes required to make advanced payments for certain oilfield service equipment and other items used in the normal course of business. As of the years ended December 31, 2019 and 2018 , deposits totaled $8.7 million and $1.3 million , respectively. Deposits consist primarily of deposit requirements of insurance companies and payments made related to high demand long-lead time items. Capitalized Interest Interest is capitalized on the average amount of accumulated expenditures for major capital projects under construction using an effective interest rate based on related debt until the underlying assets are placed into service. The capitalized interest is added to the cost of the assets and amortized to depreciation expense over the useful life of the assets, and is included in the depreciation and amortization line in the accompanying consolidated statements of operations. Deferred Financing Costs Deferred financing costs associated with long-term debt are carried at cost and are amortized to interest expense using the effective interest method over the life of the related debt instrument. When the related debt instrument is retired, any remaining unamortized costs are included in the determination of the gain or loss on the extinguishment of the debt. We record gains and losses from the extinguishment of debt as a part of continuing operations. In accordance with ASU 2015-03, we record debt financing costs as a reduction of our long-term debt. See “Note 12. Long-term Debt,” for further discussion. Valuation of Tangible and Finite-Lived Intangible Assets Our fixed assets and finite-lived intangibles are tested for potential impairment when circumstances or events indicate a possible impairment may exist. These circumstances or events are referred to as “trigger events” and examples of such trigger events include, but are not limited to, an adverse change in market conditions, a significant decrease in benefits being derived from an acquired business, a change in the use of an asset, or a significant disposal of a particular asset or asset class. If a trigger event occurs, an impairment test is performed based on an undiscounted cash flow analysis. To perform an impairment test, we make judgments, estimates and assumptions regarding long-term forecasts of revenues and expenses relating to the assets subject to review. Market conditions, energy prices, estimated depreciable lives of the assets, discount rate assumptions and legal factors impact our operations and have a significant effect on the estimates we use to determine whether our assets are impaired. If the results of the undiscounted cash flow analysis indicate that the carrying value of the assets being tested for impairment are not recoverable, then we record an impairment charge to write the carrying value of the assets down to their fair value. Using different judgments, assumptions or estimates, we could potentially arrive at a materially different fair value for the assets being tested for impairment, which may result in an impairment charge. Internal-Use Software We capitalize costs incurred during the application development stage of internal-use software and amortize these costs over the software’s estimated useful life, generally five to seven years. Costs incurred related to selection or maintenance of internal-use software are expensed as incurred. Litigation When estimating our liabilities related to litigation, we take into account all available facts and circumstances in order to determine whether a loss is probable and reasonably estimable. Various suits and claims arising in the ordinary course of business are pending against us. We conduct business throughout the continental United States and may be subject to jury verdicts or arbitrations that result in outcomes in favor of the plaintiffs. We continually assess our contingent liabilities, including potential litigation liabilities, as well as the adequacy of our accruals and our need for the disclosure of these items. We establish a provision for a contingent liability when it is probable that a liability has been incurred and the amount is reasonably estimable. See “Note 13. Commitments and Contingencies.” Environmental Our operations routinely involve the storage, handling, transport and disposal of bulk waste materials, some of which contain oil, contaminants, and regulated substances. These operations are subject to various federal, state and local laws and regulations intended to protect the environment. Environmental expenditures are expensed or capitalized depending on their future economic benefit. Expenditures that relate to an existing condition caused by past operations and that have no future economic benefits are expensed. We record liabilities on an undiscounted basis when our remediation efforts are probable and the costs to conduct such remediation efforts can be reasonably estimated. While our litigation reserves reflect the application of our insurance coverage, our environmental reserves do not reflect management’s assessment of the insurance coverage that may apply to the matters at issue. See “Note 13. Commitments and Contingencies.” Self-Insurance We are primarily self-insured against physical damage to our equipment and automobiles as well as workers’ compensation claims. The accruals that we maintain on our consolidated balance sheet relate to these deductibles and self-insured retentions, which we estimate through the use of historical claims data and trend analysis. To assist management with the liability amount for our self-insurance reserves, we utilize the services of a third party actuary. The actual outcome of any claim could differ significantly from estimated amounts. We adjust loss estimates in the calculation of these accruals, based upon actual claim settlements and reported claims. See “Note 13. Commitments and Contingencies.” Income Taxes We account for deferred income taxes using the asset and liability method and provide income taxes for all significant temporary differences. Management determines our current tax liability as well as taxes incurred as a result of current operations, yet deferred until future periods. Current taxes payable represent our liability related to our income tax returns for the current year, while net deferred tax expense or benefit represents the change in the balance of deferred tax assets and liabilities reported on our consolidated balance sheets. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Further, management makes certain assumptions about the timing of temporary tax differences for the differing treatment of certain items for tax and accounting purposes or whether such differences are permanent. The final determination of our tax liability involves the interpretation of local tax laws, tax treaties, and related authorities in each jurisdiction as well as the significant use of estimates and assumptions regarding the scope of future operations and results achieved and the timing and nature of income earned and expenditures incurred. We record valuation allowances to reduce deferred tax assets if we determine that it is more likely than not (e.g., a likelihood of more than 50%) that some or all of the deferred tax assets will not be realized in future periods. To assess the likelihood, we use estimates and judgment regarding our future taxable income, as well as the jurisdiction in which this taxable income is generated, to determine whether a valuation allowance is required. The ultimate realization of the deferred tax assets depends on the ability to generate sufficient taxable income of the appropriate character and in the related jurisdiction in the future. Evidence supporting this ability can include our current financial position, our results of operations, both actual and forecasted results, the reversal of deferred tax liabilities, and tax planning strategies as well as the current and forecasted business economics of our industry. Additionally, we record uncertain tax positions in the financial statements at their net recognizable amount, based on the amount that management deems is more likely than not to be sustained upon ultimate settlement with the tax authorities in the domestic and international tax jurisdictions in which we operate. If our estimates or assumptions regarding our current and deferred tax items are inaccurate or are modified, these changes could have potentially material negative impacts on our earnings. See “Note 11. Income Taxes” for further discussion of accounting for income taxes, changes in our valuation allowance, components of our tax rate reconciliation and realization of loss carryforwards. Earnings Per Share Basic earnings per common share is determined by dividing net earnings applicable to common stock by the weighted average number of common shares actually outstanding during the period. Diluted earnings per common share is based on the increased number of shares that would be outstanding assuming conversion of dilutive outstanding convertible securities using the treasury stock and “as if converted” methods. See “Note 8. Earnings Per Share.” Share-Based Compensation We issue or have issued time-based vesting and performance-based vesting stock options, time-based vesting and performance-based vesting restricted stock units, and restricted stock awards to our employees as part of those employees’ compensation and as a retention tool for non-employee directors. We calculate the fair value of the awards on the grant date and amortize that fair value to compensation expense ratably over the vesting period of the award, net of forfeitures. The grant-date fair value of our time-based restricted stock units and restricted stock awards is determined using our stock price on the grant date. The grant-date fair value of our performance-based restricted stock units is determined using our stock price on the grant date assuming a 1.0x payout target, however, a maximum 2.0x payout could be achieved if certain EBITDA-based performance measures are met. The fair value of our stock option awards are estimated using a Black-Scholes fair value model. The valuation of our stock options requires us to estimate the expected term of award, which we estimate using the simplified method, as we do not have sufficient historical exercise information. Additionally, the valuation of our stock option awards is also dependent on historical stock price volatility. In view of the limited amount of time elapsed since our reorganization, volatility is calculated based on historical stock price volatility of our peer group with a lookback period equivalent to the expected term of the award. Fair value of performance-based stock options and restricted stock units is estimated in the same manner as our time-based awards and assumes that performance goals will be achieved and the awards will vest. If the performance based awards do not vest, any previously recognized compensation costs will be reversed. We record share-based compensation as a component of general and administrative or direct operating expense based on the role of the applicable individual. See “Note 16. Share-Based Compensation.” Foreign Currency Gains and Losses With respect to our former operations in Russia, which were sold in the third quarter of 2017, where the local currency was the functional currency, assets and liabilities were translated at the rates of exchange in effect on the balance sheet date, while income and expense items were translated at average rates of exchange during the period. The resulting gains or losses arising from the translation of accounts from the functional currency to the U.S. dollar were included as a separate component of stockholders’ equity in other comprehensive income until a partial or complete sale or liquidation of our net investment in the foreign entity. From time to time our former foreign subsidiaries may have entered into transactions that are denominated in currencies other than their functional currency. These transactions were initially recorded in the functional currency of that subsidiary based on the applicable exchange rate in effect on the date of the transaction. At the end of each month, those transacti

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS (Notes)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	REVENUE FROM CONTRACTS WITH CUSTOMERS Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The following table presents our revenues disaggregated by revenue source (in thousands). Sales taxes are excluded from revenues. Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Rig Services $ 250,532 $ 296,969 $ 248,830 Fishing and Rental Services 54,511 64,691 59,172 Coiled Tubing Services 37,964 71,013 41,866 Fluid Management Services 70,847 89,022 80,726 International — — 5,571 Total $ 413,854 $ 521,695 $ 436,165 Disaggregation of Revenue We have disaggregated our revenues by our reportable segments including Rig Services, Fishing & Rental Services, Coiled Tubing Services and Fluid Management Services. Rig Services Our Rig Services include the completion of newly drilled wells, workover and recompletion of existing oil and natural gas wells, well maintenance, and the plugging and abandonment of wells at the end of their useful lives. We also provide specialty drilling services to oil and natural gas producers with certain of our larger rigs that are capable of providing conventional and horizontal drilling services. Our rigs encompass various sizes and capabilities, allowing us to service all types of oil and gas wells. We recognize revenue within the Rig Services segment by measuring progress toward satisfying the performance obligation in a manner that best depicts the transfer of goods or services to the customer. The control over services is transferred as the services are rendered to the customer. Specifically, we recognize revenue as the services are provided, typically daily, as we have the right to invoice the customer for the services performed. Rig Services are billed monthly. Payment terms for Rig Services are usually 30 days from invoice receipt. Fishing and Rental Services We offer a full line of services and rental equipment designed for use in providing drilling and workover services. Fishing services involve recovering lost or stuck equipment in the wellbore utilizing a broad array of “fishing tools.” Our rental tool inventory consists of drill pipe, tubulars, handling tools (including our patented Hydra-Walk® pipe-handling units and services), pressure-control equipment, pumps, power swivels, reversing units, foam air units. We recognize revenue within the Fishing and Rental Services segment by measuring progress toward satisfying the performance obligation in a manner that best depicts the transfer of goods or services to the customer. The control over services is transferred as the services are rendered to the customer. Specifically, we recognize revenue as the services are provided, typically daily, as we have the right to invoice the customer for the services performed. Fishing and Rental Services are billed and paid monthly. Payment terms for Fishing and Rental Services are usually 30 days from invoice receipt. Coiled Tubing Services Coiled Tubing Services involve the use of a continuous metal pipe spooled onto a large reel, which is then deployed into oil and natural gas wells to perform various applications, such as wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations utilizing acid and chemical treatments. Coiled tubing is also used for a number of horizontal well applications such as milling temporary isolation plugs that separate frac zones, and various other pre- and post-hydraulic fracturing well preparation services. We recognize revenue within the Coiled Tubing Services segment by measuring progress toward satisfying the performance obligation in a manner that best depicts the transfer of goods or services to the customer. The control over services is transferred as the services are rendered to the customer. Specifically, we recognize revenue, typically daily, as the services are provided as we have the right to invoice the customer for the services performed. Coiled Tubing Services are billed and paid monthly. Payment terms for Coiled Tubing Services are usually 30 days from invoice receipt. Fluid Management Services We provide transportation and well-site storage services for various fluids utilized in connection with drilling, completions, workover and maintenance activities. We also provide disposal services for fluids produced subsequent to well completion. These fluids are removed from the well site and transported for disposal in saltwater disposal wells owned by us or a third party. We recognize revenue within the Fluid Management Services segment by measuring progress toward satisfying the performance obligation in a manner that best depicts the transfer of goods or services to the customer. The control over services is transferred as the services are rendered to the customer. Specifically, we recognize revenue as the services are provided, typically daily, as we have the right to invoice the customer for the services performed. Fluid Management Services are billed and paid monthly. Payment terms for Fluid Management Services are usually 30 days from invoice receipt. International Our International segment included our former operations in Canada and Russia. We completed the sale of our Canadian subsidiary and Russian subsidiary in the second and third quarters of 2017, respectively. Our services in Russia consisted of rig-based services such as the maintenance, workover, and recompletion of existing oil wells, completion of newly-drilled wells, and plugging and abandonment of wells at the end of their useful lives. Our Canadian subsidiary was a technology development and control systems business focused on the development of hardware and software related to oilfield service equipment controls, data acquisition and digital information flow. We recognized revenue within the International segment by measuring progress toward satisfying the performance obligation in a manner that best depicted the transfer of goods or services to the customer. The control over services was transferred as the services were rendered to the customer. Specifically, we recognized revenue as the services were provided, typically daily, as we had the right to invoice the customer for the services performed. Services within the international segment were billed and paid monthly. Payment terms for services within the International segment were usually 30 days from invoice receipt. Arrangements with Multiple Performance Obligations While not typical for our business, our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. For combined products and services within a contract, we account for individual products and services separately if they are distinct- i.e. if a product or service is separately identifiable from other items in the contract and if a customer can benefit from it on its own or with other resources that are readily available to the customer. The consideration (including any discounts) is allocated between separate products and services within a contract based on the prices at which we separately sell our services. For items that are not sold separately, we estimate the standalone selling prices using the expected cost-plus margin approach. Contract Balances Under our revenue contracts, we invoice customers once our performance obligations have been satisfied, at which point payment is unconditional. Accordingly, our revenue contracts do not give rise to contract assets or liabilities under ASC 606. Practical Expedients and Exemptions We generally expense sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within general and administrative expenses. The majority of our services are short-term in nature with a contract term of one year or less. For those contracts, we have utilized the practical expedient in ASC 606-10-50-14 exempting the Company from disclosure of the transaction price allocated to remaining performance obligations if the performance obligation is part of a contract that has an original expected duration of one year or less. Additionally, our payment terms are short-term in nature with settlements of one year or less. We have, therefore, utilized the practical expedient in ASC 606-10-32-18 exempting the Company from adjusting the promised amount of consideration for the effects of a significant financing component given that the period between when the entity transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less. Further, in many of our service contracts we have a right to consideration from a customer in an amount that corresponds directly with the value to the customer of the entity’s performance completed to date (for example, a service contract in which an entity bills a fixed amount for each hour of service provided). For those contracts, we have utilized the practical expedient in ASC 606-10-55-18 exempting the Company from disclosure of the entity to recognize revenue in the amount to which the Company has a right to invoice. Accordingly, we do not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.

OTHER BALANCE SHEET INFORMATION

OTHER BALANCE SHEET INFORMATION (Notes)	12 Months Ended
	Dec. 31, 2019
Balance Sheet Disclosures [Abstract]
OTHER BALANCE SHEET INFORMATION	OTHER BALANCE SHEET INFORMATION The table below presents comparative detailed information about other current assets at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other current assets: Prepaid current assets $ 13,118 $ 11,207 Reinsurance receivable 6,475 6,365 Operating lease right-of-use assets 2,394 — Other 273 501 Total $ 22,260 $ 18,073 The table below presents comparative detailed information about other non-current assets at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other non-current assets: Reinsurance receivable $ 6,887 $ 6,743 Deposits 8,689 1,309 Operating lease right-of-use assets 2,404 — Other 386 510 Total $ 18,366 $ 8,562 The table below presents comparative detailed information about other current liabilities at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other current liabilities: Accrued payroll, taxes and employee benefits $ 14,463 $ 19,346 Accrued operating expenditures 12,919 15,861 Income, sales, use and other taxes 5,115 8,911 Self-insurance reserves 25,366 25,358 Accrued interest 15,476 7,105 Accrued insurance premiums 4,990 5,651 Unsettled legal claims 7,020 4,356 Accrued severance 2,636 83 Operating leases 2,502 — Other 228 706 Total $ 90,715 $ 87,377 The table below presents comparative detailed information about other non-current liabilities at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other non-current liabilities: Asset retirement obligations $ 9,035 $ 9,018 Environmental liabilities 2,047 2,227 Accrued sales, use and other taxes 17,005 17,024 Operating leases 2,590 — Other 33 67 Total $ 30,710 $ 28,336

OTHER INCOME, NET (Notes)

OTHER INCOME, NET (Notes)	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
OTHER INCOME, NET	OTHER INCOME, NET The table below presents comparative detailed information about our other income and expense for years ended December 31, 2019 , 2018 and 2017 (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Interest income $ (723 ) $ (820 ) $ (711 ) Other (1,293 ) (1,534 ) (6,476 ) Total $ (2,016 ) $ (2,354 ) $ (7,187 )

ALLOWANCE FOR DOUBTFUL ACCOUNTS

ALLOWANCE FOR DOUBTFUL ACCOUNTS (Notes)	12 Months Ended
	Dec. 31, 2019
Valuation Allowance [Abstract]
ALLOWANCE FOR DOUBTFUL ACCOUNTS	ALLOWANCE FOR DOUBTFUL ACCOUNTS The table below presents a rollforward of our allowance for doubtful accounts for the years ended December 31, 2019, 2018 and 2017 (in thousands): Balance at Beginning of Period Charged to Expense Deductions Balance at End of Period As of December 31, 2019 $ 1,056 $ 912 $ (1,087 ) $ 881 As of December 31, 2018 875 286 (105 ) 1,056 As of December 31, 2017 168 1,420 (713 ) 875

PROPERTY AND EQUIPMENT (Notes)

PROPERTY AND EQUIPMENT (Notes)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Property and equipment consist of the following (in thousands): December 31, 2019 2018 Major classes of property and equipment: Oilfield service equipment $ 286,345 $ 284,943 Disposal wells 41,127 30,863 Motor vehicles 11,416 44,286 Furniture and equipment 31,216 6,469 Buildings and land 60,097 65,328 Work in progress 956 7,154 Right-of-use assets under finance leases 1,760 — Gross property and equipment 432,917 439,043 Accumulated depreciation (205,352 ) (163,333 ) Net property and equipment $ 227,565 $ 275,710

INTANGIBLE ASSETS (Notes)

INTANGIBLE ASSETS (Notes)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	INTANGIBLE ASSETS The components of our intangible assets as of December 31, 2019 and 2018 are as follows (in thousands): December 31, 2019 2018 Gross carrying value $ 520 $ 520 Accumulated amortization (173 ) (116 ) Net carrying value $ 347 $ 404 The weighted average remaining amortization periods and expected amortization expense for the next five years for our definite lived intangible assets are as follows (in thousands): Weighted average remaining amortization period (years) Expected Amortization Expense 2020 2021 2022 2023 2024 Trademarks 6.0 $ 58 $ 58 $ 58 $ 58 $ 58 Amortization expense for our intangible assets was less than $0.1 million for the years ended December 31, 2019 , 2018 and 2017 .

EARNINGS PER SHARE (Notes)

EARNINGS PER SHARE (Notes)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table presents our basic and diluted earnings per share (“EPS ” ) for the years ended December 31, 2019 , 2018 and 2017 (in thousands, except per share amounts): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Basic and diluted EPS Calculation: Numerator Net loss $ (97,418 ) $ (88,796 ) $ (120,589 ) Denominator Weighted average shares outstanding 408 405 402 Basic loss per share $ (238.77 ) $ (219.25 ) $ (299.97 ) Stock options, warrants and stock appreciation rights (“SARs”) are included in the computation of diluted earnings per share using the treasury stock method. Restricted stock awards are legally considered issued and outstanding when granted and are included in basic weighted average shares outstanding. The company has issued potentially dilutive instruments such as RSUs, stock options, SARs and warrants. However, the company did not include these instruments in its calculation of diluted loss per share during the periods presented, because to include them would be anti-dilutive. The following table shows potentially dilutive instruments (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 RSUs 37 24 36 Stock options 1 3 14 Warrants 37 37 37 Total 75 64 87 There have been no material changes in share amounts subsequent to the balance sheet date that would have a material impact on the earnings per share calculation.

ESTIMATED FAIR VALUE OF FINANCI

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Notes)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS	ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS Cash, cash equivalents, accounts receivable, accounts payable and accrued liabilities. These carrying amounts approximate fair value because of the short maturity of the instruments or because the carrying value is equal to the fair value of those instruments on the balance sheet date. Prior Term Loan Facility due 2021 . Because the variable interest rates of these loans approximate current market rates, the fair values of the loans borrowed under this facility approximate their carrying values. The Prior Term Loan was replaced with the New Term Loan on March 9, 2020, which also has variable interest rates.

ASSET RETIREMENT OBLIGATIONS (N

ASSET RETIREMENT OBLIGATIONS (Notes)	12 Months Ended
	Dec. 31, 2019
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATIONS	ASSET RETIREMENT OBLIGATIONS In connection with our well servicing activities, we operate a number of saltwater disposal (“SWD”) facilities. Our operations involve the transportation, handling and disposal of fluids in our SWD facilities that are by-products of the drilling process. SWD facilities used in connection with our fluid hauling operations are subject to future costs associated with the retirement of these properties. As a result, we have incurred costs associated with the proper storage and disposal of these materials. Annual accretion of the assets associated with the asset retirement obligations were $0.2 million , $0.2 million and $0.2 million for the years ended December 31, 2019 , 2018 and 2017 . A summary of changes in our asset retirement obligations is as follows (in thousands): Balance at December 31, 2016 $ 9,069 Additions 36 Costs incurred (147 ) Accretion expense 221 Disposals (248 ) Balance at December 31, 2017 8,931 Additions 340 Costs incurred (417 ) Accretion expense 164 Balance at December 31, 2018 9,018 Costs incurred (151 ) Accretion expense 168 Balance at December 31, 2019 $ 9,035

INCOME TAXES (Notes)

INCOME TAXES (Notes)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The U.S. Tax Cuts and Jobs Act (the “2017 Tax Act”) was enacted on December 22, 2017. The 2017 Tax Act is comprehensive tax reform legislation that contains significant changes to corporate taxation. Provisions on the enacted law include a permanent reduction of the corporate income tax rate from 35% to 21% , imposing a mandatory one-time tax on un-repatriated accumulated earnings of foreign subsidiaries, a partial limitation on the deductibility of business interest expense, a limitation on net operating losses to 80% of taxable income each year, a shift of the U.S. taxation of multinational corporations from a tax on worldwide income to a partial territorial system (along with rules that create a new U.S. minimum tax on earnings of foreign subsidiaries), and other related provisions to maintain the U.S. tax base. We recognized the income tax effects of the 2017 Tax Act in accordance with Staff Accounting Bulletin No. 118 ("SAB 118") during 2017. SAB 118 provided SEC staff guidance for the application of ASC Topic 740, Income Taxes, and allowed for a measurement period of up to one year after the enactment date to finalize the recording of the related tax impacts. As such, our 2017 financial results reflected the provisional income tax effects of the 2017 Tax Act for which the accounting under ASC Topic 740 was incomplete but a reasonable estimate could be determined. We did not identify any items for which the income tax effects of the 2017 Tax Act could not be reasonably estimated as of December 31, 2017. Additional clarifying guidance and law corrections were issued by the U.S. government during 2018 related to the 2017 Tax Act, which provided further insight into properly accounting for the impacts of U.S. tax reform. During 2018, we finalized our accounting for this matter and concluded that no adjustments were required from our provisionally recorded amounts from 2017. We no longer have any provisionally recorded items related to the enactment of the 2017 Tax Act as of December 31, 2018. In addition, there were no material 2017 Tax Act changes or clarifications that affected our accounting for the year ended December 31, 2019. The components of our income tax expense are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Current income tax benefit $ 3,975 $ 1,979 $ 1,667 Deferred income tax benefit — — 35 Total income tax benefit $ 3,975 $ 1,979 $ 1,702 We made federal income tax payments of zero for the years ended December 31, 2019, 2018 and 2017 . In addition, we received federal income tax refunds of $4.4 million , 1.1 million and zero during the years ended December 31, 2019, 2018 and 2017 , respectively. Income tax (expense) benefit differs from amounts computed by applying the statutory federal rate as follows: Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Income tax benefit computed at Federal statutory rate 21.0 % 21.0 % 35.0 % State taxes (0.4 )% (0.2 )% — % Meals and entertainment (0.2 )% (0.4 )% (0.4 )% Foreign rate difference — % — % 0.4 % Non-taxable cancellation of debt income — % 2.6 % — % Penalties and other non-deductible expenses (0.1 )% — % — % Change in valuation allowance (20.4 )% (20.1 )% (33.8 )% Equity compensation (0.4 )% (0.7 )% (1.0 )% U.S. tax reform - impact to deferred tax assets and liabilities — % — % (67.4 )% U.S. tax reform - change in valuation allowance — % — % 67.4 % Other 4.4 % — % 1.2 % Effective income tax rate 3.9 % 2.2 % 1.4 % As of December 31, 2019 and 2018 , our deferred tax assets and liabilities consisted of the following (in thousands): December 31, 2019 2018 Deferred tax assets: Net operating loss and tax credit carryforwards $ 115,811 $ 113,230 Capital loss carryforwards 15,320 15,826 Foreign tax credit carryforward 17,095 17,095 Self-insurance reserves 8,619 8,581 Interest expense limitation 12,943 6,055 Accrued liabilities 9,842 9,213 Share-based compensation 507 1,221 Intangible assets 37,099 44,748 Other 2,333 670 Total deferred tax assets 219,569 216,639 Valuation allowance for deferred tax assets (201,666 ) (190,791 ) Net deferred tax assets 17,903 25,848 Deferred tax liabilities: Property and equipment (16,817 ) (25,848 ) Other (1,086 ) — Total deferred tax liabilities (17,903 ) (25,848 ) Net deferred tax asset (liability), net of valuation allowance $ — $ — The December 31, 2019 net deferred tax asset is comprised of $219.6 million deferred tax assets before valuation allowance, and $17.9 million deferred tax liabilities. The valuation allowance against the net deferred tax asset increased by approximately $10.9 million from December 31, 2018 to December 31, 2019 . Deferred tax assets and liabilities are recognized for the estimated future tax effects of temporary differences between the tax basis of an asset or liability and its reported amount in the Consolidated Financial Statements. The measurement of deferred tax assets and liabilities is based on enacted tax laws and rates currently in effect in each of the jurisdictions in which we have operations. In recording deferred income tax assets, we consider whether it is more likely than not that some portion or all of the deferred income tax assets will be realized. The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income of the appropriate character during the periods in which those deferred income tax assets would be deductible. We consider the scheduled reversal of deferred income tax liabilities and projected future taxable income for this determination. Due to the history of losses in recent years and the continued challenges in the oil and gas industry, management continues to believe that it is more likely than not that we will not be able to realize our net deferred tax assets, and therefore a valuation allowance remains on the net deferred tax asset balance. We estimate that as of December 31, 2019 , 2018 and 2017 , we have available $465.3 million , $434.2 million and $373.1 million (after attribute reduction), respectively, of federal net operating loss carryforwards. However, Internal Revenue Code Sections 382 and 383 impose limitations on a corporation’s ability to utilize tax attributes if the corporation experiences an “ownership change.” The Company experienced an ownership change on December 15, 2016, as the emergence of the Company and certain of its domestic subsidiaries from chapter 11 bankruptcy proceedings is considered a change in ownership for purposes of IRC Section 382. With the completion of the Company's Restructuring on March 6, 2020 an ownership change occurred which will cause the Company’s use of remaining U.S. tax attributes may be further limited. We estimate that as of December 31, 2019 , 2018 and 2017 , we have available $453.4 million , $429.3 million and $485.6 million , respectively, of state net operating loss carryforwards that will expire between 2020 and 2039 . We estimate that we have remaining capital loss carryforward of $73.0 million . Our remaining capital loss carryforwards will expire in 2021 . We are no longer subject examination for tax years before 2015 in federal and most state jurisdictions. Upon emergence from bankruptcy on December 15, 2016, a substantial portion of the Company’s pre-petition debt securities, revolving credit facility and other obligations were extinguished. Absent an exception, a debtor recognizes cancellation of indebtedness income (“CODI”) upon discharge of its outstanding indebtedness for an amount of consideration that is less than its adjusted issue price. The Internal Revenue Code of 1986, as amended (“IRC”), provides that a debtor in a bankruptcy case may exclude CODI from taxable income but must reduce certain of its tax attributes by the amount of any CODI realized as a result of the consummation of a plan of reorganization. The amount of CODI realized by a taxpayer is the adjusted issue price of any indebtedness discharged less the sum of (i) the amount of cash paid, (ii) the issue price of any new indebtedness issued and (iii) the fair market value of any other consideration, including equity, issued. As a result of the market value of equity upon emergence from chapter 11 bankruptcy proceedings, the estimated amount of U.S. CODI is approximately $295.8 million , which reduced the value of Key’s U.S. net operating losses including federal and state that had a value of $518.8 million as of December 15, 2016. The actual reduction in tax attributes did not occur until the first day of the Company’s tax year subsequent to the date of emergence, or December 16, 2016. Uncertainty in Income Taxes As of December 31, 2019, 2018 and 2017, we had zero , zero and $0.1 million , respectively, of unrecognized tax benefits which, if recognized, would impact our effective tax rate. For the years ended December 31, 2019, 2018 and 2017, we recognized a net tax benefit of zero , $0.1 million and $0.3 million , respectively, for statutes of limitations expiration. As of December 31, 2019 our ending balance for uncertain tax position remains at zero, due to the statute of limitations lapse. A reconciliation of the gross change in the unrecognized tax benefits is as follows (in thousands): Balance at December 31, 2016 $ 360 Reductions as a result of a lapse of the applicable statute of limitations (252 ) Balance at December 31, 2017 108 Reductions as a result of a lapse of the applicable statute of limitations (108 ) Balance at December 31, 2018 — Balance at December 31, 2019 $ —

LONG-TERM DEBT (Notes)

LONG-TERM DEBT (Notes)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT The components of our long-term debt as of December 31, 2019 and 2018 are as set forth in the table below (in thousands). Subsequent to the periods presented, this debt was substantially exchanged for shares of our common stock pursuant to the Restructuring. See below for additional information. December 31, 2019 2018 Term Loan Facility due 2021 $ 243,125 $ 245,000 Unamortized debt issuance costs (1,799 ) (1,421 ) Finance lease obligation 1,600 — Total 242,926 243,579 Less current portion (2,919 ) (2,500 ) Long-term debt $ 240,007 $ 241,079 Prior Long-Term Debt Arrangements As previously announced, on October 29, 2019, the Company entered into a forbearance agreement (as amended on December 6, 2019, December 20, 2019, January 10, 2020 and January 31, 2020, the “ABL Forbearance Agreement”) with Bank of America, N.A., as administrative agent (the “Administrative Agent”), and all of the lenders party thereto (the “Lenders”) regarding a cross-default under the Loan and Security Agreement, dated as of December 15, 2016, by and among Key, the Administrative Agent and the Lenders. On February 28, 2020, the Company and the Lenders party thereto amended the ABL Forbearance Agreement (the “Forbearance Agreement Amendment”). Pursuant to the Forbearance Agreement Amendment, the Lenders party thereto have agreed, among other things, to extend the forbearance period until the earliest of (i) March 6, 2020, (ii) the occurrence of certain specified early termination events and (iii) the date on which the previously announced Restructuring Support Agreement between the Company and certain lenders under the Company’s term loan facility is terminated in accordance with its terms. In connection with the forbearance agreement, the Company elected not to make a scheduled interest payments due October 18, 2019 and January 20, 2020 under the Term Loan Facility. The Company’s failure to make these interest payments resulted in a default under the Term Loan Facility and a cross default under the ABL Facility (such defaults, the “Specified Defaults”). Prior to the Restructuring, the Company was party to two credit facilities. The Company and Key Energy Services, LLC, were borrowers (the “ABL Borrowers”) under an ABL Facility with the financial institutions party thereto from time to time as lenders (the “ABL Lenders”), Bank of America, N.A., as administrative agent for the lenders (the “Administrative Agent”) and Bank of America, N.A., as sole collateral agent for the lenders, providing for aggregate commitments from the ABL Lenders of $100 million (the “Prior ABL Facility”). In addition, on December 15, 2016, the Company entered into the term loan facility among the Company, as borrower, certain subsidiaries of the Company named as guarantors therein, the financial institutions party thereto from time to time as Lenders (collectively, the “Term Loan Lenders”) and Cortland Capital Market Services LLC and Cortland Products Corp., as agent for the Lenders (the “Prior Term Loan Facility”). Effective March 6, 2020 upon the closing of the Restructuring, we entered into the New Term Loan Facility and the New ABL Facility, which superseded the Prior Term Loan Facility and Prior ABL Facility. A description of each of the new and prior facilities follows. New ABL Facility On March 6, 2020, the Company and Key Energy Services, LLC, as borrowers (the “ABL Borrowers”), entered into Amendment No. 3 to the Company’s existing ABL facility, dated as of December 15, 2016 (as amended, the “New ABL Facility”) with the financial institutions party thereto from time to time as lenders (the “ABL Lenders”) and Bank of America, N.A., as administrative agent and collateral agent (the “ABL Agent”) for the ABL Lenders. The New ABL Facility provides for aggregate commitments from the ABL Lenders of $70 million, which mature on the earlier of (x) April 5, 2024 and (y) 181 days prior to the scheduled maturity date of the Company’s term loan facility or the scheduled maturity date of the Company’s other material debt in an aggregate principal amount exceeding $15 million. The New ABL Facility provides the ABL Borrowers with the ability to borrow up to an aggregate principal amount equal to the lesser of (i) the aggregate revolving commitments then in effect and (ii) the sum of (a) 85% of the value of eligible accounts receivable plus (b) 80% of the value of eligible unbilled accounts receivable, subject to a limit equal to the greater of (x) $30 million and (y) 25% of the commitments. The amount that may be borrowed under the New ABL Facility is subject to increase or reduction based on certain segregated cash or reserves provided for by the New ABL Facility. In addition, the percentages of accounts receivable and unbilled accounts receivable included in the calculation described above is subject to reduction to the extent of certain bad debt write-downs and other dilutive items provided in the New ABL Facility. Borrowings under the New ABL Facility will bear interest, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.75% to 3.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR plus 1.0% plus (b) an applicable margin that varies from 1.75% to 2.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time. The New ABL Facility provides that, in the event LIBOR becomes unascertainable for the requested interest period or otherwise becomes unavailable or replaced by other benchmark interest rates, then the Company and the ABL Agent may amend the New ABL Facility for the purpose of replacing LIBOR with one or more SOFR-based rates or another alternate benchmark rate giving consideration to the general practice in similar U.S. dollar denominated syndicated credit facilities. In addition, the New ABL Facility provides for unused line fees of 0.5% to 0.375% per year, depending on utilization, letter of credit fees and certain other factors. The New ABL Facility may in the future be guaranteed by certain of the Company’s existing and future subsidiaries (the “ABL Guarantors,” and together with the ABL Borrowers, the “ABL Loan Parties”). To secure their obligations under the New ABL Facility, each of the ABL Loan Parties has granted or will grant, as applicable, to the ABL Agent a first-priority security interest for the benefit of the ABL Lenders in its present and future accounts receivable, inventory and related assets and proceeds of the foregoing (the “ABL Priority Collateral”). In addition, the obligations of the ABL Loan Parties under the ABL Facility are secured by second-priority liens on the Term Priority Collateral (as described below under “New Term Loan Facility”). The revolving loans under the New ABL Facility may be voluntarily prepaid, in whole or in part, without premium or penalty, subject to breakage or similar costs. The New ABL Facility contains certain affirmative and negative covenants, including covenants that restrict the ability of the ABL Loan Parties to take certain actions including, among other things and subject to certain significant exceptions, the incurrence of debt, the granting of liens, the making of investments, entering into transactions with affiliates, the payment of dividends and the sale of assets. The New ABL Facility also contains a requirement that the ABL Borrowers comply, during certain periods, with a fixed charge coverage ratio of 1.00 to 1.00. As of March 6, 2020, we had no borrowings outstanding under the New ABL Facility and $36.3 million of letters of credit outstanding with borrowing capacity of $13.6 million available subject to covenant constraints under our New ABL Facility. New Term Loan Facility On March 6, 2020, the Company entered into the amendment and restatement agreement with the Supporting Term Lenders and Cortland Capital Market Services LLC and Cortland Products Corp., as agent (the “Term Agent”), which amended and restated the Prior Term Loan Facility, among the Company, as borrower, certain subsidiaries of the Company named as guarantors therein, the financial institutions party thereto from time to time as lenders and the Term Agent (as amended and restated by the amendment and restatement agreement, the “New Term Loan Facility”). Prior to the closing of the Restructuring, there were approximately $243.1 million aggregate principal amount of term loans outstanding under the Prior Term Loan Facility. Following the closing of the Restructuring, the New Term Loan Facility is comprised of (i) $30 million new money term loans funded by the Supporting Term Lenders and $20 million amended term loans issued in exchange for existing term loans held by the Supporting Term Lenders (collectively, the “New Term Loans”) and (ii) an approximate $1.2 million senior secured term loan tranche in respect of the existing term loans held by lenders who are not Supporting Term Lenders (the “Continuing Term Loans”). The New Term Loan Facility will mature on August 28, 2025, with respect to the New Term Loans, and on December 15, 2021 with respect to the Continuing Term Loans. Such maturity date may, at the Company’s request, be extended by one or more of the term loan lenders pursuant to the terms of the New Term Loan Facility. The New Term Loans will bear interest at a per annum rate equal to LIBOR for six months, plus 10.25%. The Company has the option to pay interest in kind at an annual rate of LIBOR plus 12.25% on the outstanding principal amount of the New Term Loans for the first two years following the closing of the Restructuring. The Continuing Term Loans will bear interest at a per annum rate equal to LIBOR for one, two, three, six or, with the consent of all term loan lenders, up to 12 months, and the Company has the option to pay interest in kind of up to 100 basis points of the per annum interest due on the Continuing Term Loans. The New Term Loan Facility is guaranteed by certain of the Company’s existing and future subsidiaries (the “Term Loan Guarantors,” and together with the Company, the “Term Loan Parties”). To ensure their obligations under the New Term Loan Facility, each of the Term Loan Parties has granted or will grant, as applicable, to the Term Agent a first-priority security interest for the benefit of the Term Loan Lenders in substantially all of each Term Loan Party’s assets other than certain excluded assets and the ABL Priority Collateral (the “Term Priority Collateral”). In addition, the obligations of the Term Loan Parties under the New Term Loan Facility are secured by second-priority liens on the ABL Priority Collateral (as described above under “ABL Facility”). The New Term Loans may be prepaid at the Company’s option, subject to the payment of a prepayment premium (which may be waived by lenders holding New Term Loans under the New Term Loan Facility representing at least two-thirds of the aggregate outstanding principal amount of the New Term Loans) in certain circumstances as provided in the New Term Loan Facility. If a prepayment is made prior to the first anniversary of the closing of the Restructuring, such prepayment premium is equal to 3% of the principal amount of the New Term Loans prepaid; if a prepayment is made from the first anniversary to the second anniversary of the closing of the Restructuring, the prepayment premium is equal to 2% of the principal amount of the New Term Loans prepaid; if a prepayment is made from the second anniversary to the third anniversary of the closing of the Restructuring, the prepayment premium is equal to 1% of the principal amount of the New Term Loans prepaid; and there is no prepayment premium thereafter. The Company is required to make principal payments in respect of the Continuing Term Loans in the amount of $3,125 per quarter commencing with the quarter ending March 31, 2020, and is required to pay $1,190,625 on the maturity date of the Continuing Term Loans. In addition, pursuant to the New Term Loan Facility, the Company must prepay or offer to prepay, as applicable, term loans with the net cash proceeds of certain debt incurrences and asset sales, excess cash flow, receipt of extraordinary cash proceeds (e.g., tax and insurance) and upon certain change of control transactions, subject in each case to certain exceptions. The New Term Loan Facility contains certain affirmative and negative covenants, including covenants that restrict the ability of the Term Loan Parties to take certain actions including, among other things and subject to certain significant exceptions, the incurrence of debt, the granting of liens, the making of investments, entering into transactions with affiliates, the payment of dividends and the sale of assets. The New Term Loan Facility also contains a financial covenant requiring that the Company maintain Liquidity (as defined in the New Term Loan Facility) of not less than $10 million as of the last day of any fiscal quarter, subject to certain exceptions and cure rights. Prior ABL Facility As described above, the Company and Key Energy Services, LLC were borrowers under the Prior ABL Facility that provided for aggregate commitments from the ABL Lenders of $80 million. On April 5, 2019, the ABL Borrowers, as borrowers, the financial institutions party thereto as lenders and Bank of America, N.A. (the “ABL Agent”), as administrative agent for the lenders, entered into Amendment No. 1 (“Amendment No. 1”) to the Prior ABL Facility, among the ABL Borrowers, the financial institutions party thereto from time to time as lenders, the ABL Agent and the co-collateral agents for the lenders, Bank of America, N.A. and Wells Fargo Bank, National Association. The amendment, among other things, lowered the applicable margin for borrowings to (i) from between 2.50% and 4.50% to between 2.00% and 2.50% for LIBOR borrowings and (ii) from 1.50% and 3.50% to between 1.00% and 1.50% for base rate borrowings. On December 20, 2019, the Company and the Lenders amended the ABL Forbearance Agreement and the Loan Agreement to, among other things, (i) reduce the minimum availability Key is required to maintain under the ABL Forbearance Agreement from $12.5 million to $10 million and (ii) reduce the aggregate revolving commitments under the Loan Agreement from $100 million to $80 million. The Prior ABL Facility provided the ABL Borrowers with the ability to borrow up to an aggregate principal amount equal to the lesser of (i) the aggregate revolving commitments then in effect and (ii) the sum of (a) 85% of the value of eligible accounts receivable plus (b) 80% of the value of eligible unbilled accounts receivable, subject to a limit equal to the greater of (x) $35 million and (y) 25% of the Commitments. The contractual interest rates under the Prior ABL Facility were, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.50% to 4.50% depending on the ABL Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR, plus 1.0% plus (b) an applicable margin that varied from 1.50% to 3.50% depending on the ABL Borrowers’ fixed charge coverage ratio at such time. In addition, the Prior ABL Facility provided for unused line fees of 1.0% to 1.25% per year, depending on utilization, letter of credit fees and certain other factors. As of December 31, 2019 , we had no borrowings outstanding under the ABL Facility and $34.6 million of letters of credit outstanding with borrowing capacity of $11.9 million available subject to covenant constraints under our ABL Facility. Prior Term Loan Facility As described above, the Company and certain subsidiaries were parties to the Prior Term Loan Facility, which had an initial outstanding principal amount of $250 million . Borrowings under the Prior Term Loan Facility bore interest, at the Company’s option, at a per annum rate equal to (i) LIBOR for one, two, three, six, or, with the consent of the Term Loan Lenders, 12 months, plus 10.25% or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the Federal Funds rate, plus 0.50% and (z) 30-day LIBOR, plus 1.0% plus (b) 9.25% . The weighted average interest rates on the outstanding borrowings under the Prior Term Loan Facility for the year ended December 31, 2019 was as follows: Year Ended December 31, 2019 Term Loan Facility 13.11 % Long-Term Debt Principal Repayment and Interest Expense Presented below is a schedule of the repayment requirements of long-term debt as of December 31, 2019 (in thousands). Subsequent to December 31, 2019, the debt described below was substantially exchanged for shares of our common stock pursuant to the Restructuring. Principal Amount of Long-Term Debt 2020 $ 2,500 2021 240,625 Total long-term debt $ 243,125 Interest expense for the years ended December 31, 2019, 2018 and 2017 consisted of the following (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Cash payments $ 34,129 $ 32,718 $ 30,397 Commitment and agency fees paid 608 969 924 Amortization of deferred financing costs 433 476 476 Leases 353 — — Net interest expense $ 35,523 $ 34,163 $ 31,797 Deferred Financing Costs A summary of deferred financing costs including capitalized costs and amortization are presented in the table below (in thousands): Balance at December 31, 2016 $ 2,023 Capitalized costs 350 Amortization (476 ) Balance at December 31, 2017 1,897 Capitalized costs — Amortization (476 ) Balance at December 31, 2018 1,421 Capitalized costs 811 Amortization (433 ) Balance at December 31, 2019 $ 1,799

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Notes)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Operating Lease Arrangements We lease certain property and equipment under non-cancelable operating leases that expire at various dates through 2030, with varying payment dates throughout each month. In addition, we have a number of leases scheduled to expire during 2020. As of December 31, 2019 , the future minimum lease payments under non-cancelable operating leases are as follows (in thousands): Lease Payments 2020 $ 5,013 2021 3,358 2022 1,934 2023 1,868 2024 1,489 Thereafter 1,311 Total $ 14,973 We are also party to a significant number of month-to-month leases that can be cancelled at any time. Operating lease expenses were $4.6 million , $4.8 million and $6.4 million for the years ended December 31, 2019, 2018 and 2017 , respectively. Litigation Various suits and claims arising in the ordinary course of business are pending against us. We conduct business throughout the continental United States and may be subject to jury verdicts or arbitrations that result in outcomes in favor of the plaintiffs. We continually assess our contingent liabilities, including potential litigation liabilities, as well as the adequacy of our accruals and the need for disclosure of these items, if any. We establish a provision for a contingent liability when it is probable that a liability has been incurred and the amount is reasonably estimable. As of December 31, 2019 , the aggregate amount of our liabilities related to litigation that are deemed probable and reasonably estimable is $7.0 million . We do not believe that the disposition of any of these matters will result in an additional loss materially in excess of amounts that have been recorded. Our liabilities related to litigation matters that were deemed probable and reasonably estimable as of December 31, 2018 were $4.4 million . Tax Audits We are routinely the subject of audits by tax authorities, and in the past have received material assessments from tax auditors. As of December 31, 2019 and 2018 , we have recorded reserves that management feels are appropriate for future potential liabilities as a result of prior audits. While we believe we have fully reserved for these assessments, the ultimate amount of settlements can vary from our estimates. Self-Insurance Reserves We maintain reserves for workers’ compensation and vehicle liability on our balance sheet based on our judgment and estimates using an actuarial method based on claims incurred. We estimate general liability claims on a case-by-case basis. We maintain insurance policies for workers’ compensation, vehicular liability and general liability claims. These insurance policies carry self-insured retention limits or deductibles on a per occurrence basis. The retention limits or deductibles are accounted for in our accrual process for all workers’ compensation, vehicular liability and general liability claims. The deductibles have a $5 million maximum per vehicular liability claim, and a $2 million maximum per general liability claim and a $1 million maximum per workers’ compensation claim. As of December 31, 2019 and 2018 , we have recorded $51.4 million and $50.1 million , respectively, of self-insurance reserves related to workers’ compensation, vehicular liabilities and general liability claims. Partially offsetting these liabilities, we had approximately $13.4 million and $13.1 million of insurance receivables as of December 31, 2019 and 2018 , respectively. We believe that the liabilities we have recorded are appropriate based on the known facts and circumstances and do not expect further losses materially in excess of the amounts already accrued for existing claims. Environmental Remediation Liabilities For environmental reserve matters, including remediation efforts for current locations and those relating to previously-disposed properties, we record liabilities when our remediation efforts are probable and the costs to conduct such remediation efforts can be reasonably estimated. As of December 31, 2019 and 2018 , we have recorded $2.0 million and $2.2 million , respectively, for our environmental remediation liabilities. We believe that the liabilities we have recorded are appropriate based on the known facts and circumstances and do not expect further losses materially in excess of the amounts already accrued. We provide performance bonds to provide financial surety assurances for the remediation and maintenance of our SWD properties to comply with environmental protection standards. Costs for SWD properties may be mandatory (to comply with applicable laws and regulations), in the future (required to divest or cease operations), or for optimization (to improve operations, but not for safety or regulatory compliance).

EMPLOYEE BENEFIT PLANS (Notes)

EMPLOYEE BENEFIT PLANS (Notes)	12 Months Ended
	Dec. 31, 2019
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS We maintain a 401(k) plan as part of our employee benefits package. In the third quarter of 2015, management suspended the 401(k) matching program as part of our cost cutting efforts. The 401(k) matching program was reinstated January 1, 2019, pursuant to which we matched 100% of employee contributions up to 4% of the employee’s salary, which vest immediately, into our 401(k) plan, subject to maximums of $11,200 , $11,000 and $10,800 for the years ended December 31, 2019 , 2018 and 2017 , respectively. Our matching contributions were $4.5 million , zero and zero for the years ended December 31, 2019, 2018 and 2017 , respectively. We do not offer participants the option to purchase shares of our common stock through a 401(k) plan fund.

STOCKHOLDERS' EQUITY (Notes)

STOCKHOLDERS' EQUITY (Notes)	12 Months Ended
	Dec. 31, 2019
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY Preferred Stock As of December 31, 2019 , we had 10,000,000 shares of preferred stock authorized with a par value of $0.50 per share. As of December 31, 2019 , the sole share of the Company’s Series A Preferred Stock, which conferred certain rights to elect directors (but has no economic rights), was held by Soter. Subsequent to December 31, 2019, in connection with the completion of the Restructuring, the share of Series A Preferred Stock was redeemed and cancelled for no consideration and the Series A Preferred Stock was eliminated from our certificate of incorporation. Common Stock As of December 31, 2019 and December 31, 2018 , we had 2,000,000 shares of common stock authorized of which 410,990 and 407,264 shares were issued and outstanding, respectively. Subsequent to December 31, 2019, in connection with the completion of the Restructuring, we increased the number of shares of common stock authorized to 150,000,000 and 13,775,267 shares were issued and outstanding, after giving effect to the 1-for-50 reverse stock split, as of the closing of the Restructuring. During 2019 , 2018 and 2017 , no dividends were declared or paid and we currently do not intend to pay dividends. Tax Withholding We repurchase shares of restricted common stock that have been previously granted to certain of our employees, pursuant to an agreement under which those individuals are permitted to sell shares back to us in order to satisfy the minimum income tax withholding requirements related to vesting of these grants. We repurchased a total of 826 shares, 968 shares and 1,127 shares for an aggregate cost of less than $0.1 million , $0.3 million , $0.7 million during the years ended December 31, 2019, 2018 and 2017 , respectively, which represented the fair market value of the shares based on the price of our stock on the dates of purchase.

SHARE-BASED COMPENSATION (Notes

SHARE-BASED COMPENSATION (Notes)	12 Months Ended
	Dec. 31, 2019
Share-based Compensation [Abstract]
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION Equity and Cash Incentive Plan On May 1, 2019, our stockholders approved the 2019 Equity and Cash Incentive Plan (the “2019 Incentive Plan”). The 2019 Incentive Plan was established as a successor incentive compensation plan to the 2016 (the “2016 Incentive Plan”) and provide the Company with an omnibus plan under which the Company may continue to design and structure awards of restricted stock, restricted stock units, options, stock appreciation rights and cash-based awards, for distribution to officers, directors and employees of the Company and its subsidiaries as determined by the Board. The Board or an authorized committee thereof is authorized, without further approval of Key equity holders, to execute and deliver all agreements, documents, instruments and certificates relating to the 2019 Incentive Plan and to perform their obligations thereunder in accordance with, and subject to, the terms of the 2019 Incentive Plan. On March 6, 2020, the Board approved an amendment and restatement of the 2019 Incentive Plan to, among other things, reserve 1,239,775 shares of our common stock for the grant of awards under the plan following the closing of the Restructuring, in addition to any shares remaining available for grant under the 2016 Plan and any additional shares that become available for grant due to the termination, expiration, forfeiture, cancellation, or cash settlement of awards. Stock Option Awards Stock option awards granted under our 2016 Incentive Plans have a maximum contractual term of ten years from the date of grant. Shares issuable upon exercise of a stock option are issued from authorized but unissued shares of our common stock. The following tables summarize the stock option activity for the year ended December 31, 2019 (shares in thousands): Year Ended December 31, 2019 Options Weighted Average Exercise Price Weighted Average Fair Value Outstanding at beginning of period 1.48 $ 1,746.00 $ 541.00 Granted — $ — $ — Exercised — $ — $ — Cancelled or expired (0.40 ) $ 1,912.32 $ 666.47 Outstanding at end of period 1.08 $ 1,683.50 $ 493.79 Exercisable at end of period 1.08 $ 1,683.50 $ 493.79 No stock options were granted or exercised for the year ended December 31, 2019 . The total fair value of stock options vested during the year ended December 31, 2019 , 2018 and 2017 was zero , zero and $1.7 million , respectively. For the years ended December 31, 2019, 2018 and 2017 , we recognized zero , zero and $1.8 million of pre-tax expenses related to stock options, respectively. All outstanding stock options are vested as of December 31, 2019 . The weighted average remaining contractual term for stock option awards exercisable as of December 31, 2019 is 7.0 years. Common Stock Awards Our common stock awards under our 2019 and 2016 Incentive Plans include restricted stock awards and restricted stock units. The weighted average grant date fair market value of all common stock awards granted during the years ended December 31, 2019 , 2018 and 2017 were $111.84 , $687.00 and $618.50 , respectively. The total fair market value of all common stock awards vested during the years ended December 31, 2019 , 2018 and 2017 were $2.0 million , $2.3 million , $6.2 million , respectively. The following tables summarize information for the year ended December 31, 2019 about our unvested common stock awards that we have outstanding (shares in thousands): Year Ended December 31, 2019 Outstanding Weighted Average Issuance Price Shares at beginning of period 14.58 $ 626.00 Granted 28.44 $ 111.84 Vested (4.55 ) $ 447.13 Cancelled (24.55 ) $ 285.38 Shares at end of period 13.92 $ 235.03 The grant-date fair value of our time-based restricted stock units and restricted stock awards is determined using our stock price on the grant date. The grant-date fair value of our performance-based restricted stock units is determined using our stock price on the grant date assuming a 1.0x payout target, however, a maximum 2.0x payout could be achieved if certain EBITDA-based performance measures are met. We recognize compensation expense ratably over the graded vesting period of the grant, net of forfeitures. For the years ended December 31, 2019 , 2018 and 2017 , we recognized $0.7 million , $5.9 million and $5.7 million , respectively, of pre-tax expenses from continuing operations associated with common stock awards. For the unvested common stock awards outstanding as of December 31, 2019 , we anticipate that we will recognize $1.0 million of pre-tax expense over the next 0.9 years weighted average years. Phantom Share Plan In December 2017, we implemented a “Phantom Share Plan,” in which certain of our employees were granted “Phantom Shares.” Phantom Shares vest ratably over a three-year period and convey the right to the grantee to receive a cash payment on the anniversary date of the grant equal to the fair market value of the Phantom Shares vesting on that date. Grantees are not permitted to defer this payment to a later date. The Phantom Shares are a “liability” type award and we account for these awards at fair value. We recognize compensation expense related to the Phantom Shares based on the change in the fair value of the awards during the period and the percentage of the service requirement that has been performed, net of forfeitures, with an offsetting liability recorded on our consolidated balance sheets. For the years ended December 31, 2019 , 2018 and 2017 , we recognized less than $0.1 million , $0.3 million and zero , respectively, of pre-tax expenses from continuing operations associated with phantom share awards. For the unvested phantom share awards outstanding as of December 31, 2019 , we anticipate that we will recognize zero of pre-tax expense over the next 1 weighted average year.

TRANSACTIONS WITH RELATED PARTI

TRANSACTIONS WITH RELATED PARTIES (Notes)	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
TRANSACTIONS WITH RELATED PARTIES	TRANSACTIONS WITH RELATED PARTIES The Company has purchased or sold equipment or services from a few affiliates of certain directors. Additionally, the Company was previously party to a corporate advisory services agreement with Platinum Equity Advisors, LLC (“Platinum”) pursuant to which Platinum provided certain business advisory services to the Company. The corporate advisory services agreement expired in 2019. The dollar amounts related to these related party activities are not material to the Company’s condensed consolidated financial statements. The Company is also party to the Stockholders Agreement with the Supporting Term Lenders who are also lenders under our New Term Loan Facility.

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION (Notes)	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION Presented below is a schedule of noncash investing and financing activities and supplemental cash flow entries (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Supplemental cash flow information: Cash paid for interest $ 34,129 $ 32,718 $ 30,397 Cash paid for taxes 284 40 — Tax refunds 6,208 1,097 — Cash paid for interest includes cash payments for interest on our long-term debt and finance lease obligations, and commitment and agency fees paid.

SEGMENT INFORMATION (Notes)

SEGMENT INFORMATION (Notes)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Our reportable business segments are Rig Services, Fishing and Rental Services, Coiled Tubing Services and Fluid Management Services. Our reportable business segments previously included an International segment. We also have a “Functional Support” segment associated with overhead and other costs in support of our reportable segments. Our Rig Services, Fishing and Rental Services, Coiled Tubing Services, Fluid Management Services operate geographically within the United States. Our International segment included our former operations in Canada and Russia. We completed the sale of our Canadian subsidiary and Russian subsidiary in the second and third quarters of 2017, respectively. We evaluate the performance of our segments based on gross margin measures. All inter-segment sales pricing is based on current market conditions. We aggregate services that create our reportable segments in accordance with ASC 280, and the accounting policies for our segments are the same as those described in “Note 1. Organization and Summary of Significant Accounting Policies” above. Rig Services Our Rig Services include the completion of newly drilled wells, workover and recompletion of existing oil and natural gas wells, well maintenance, and the plugging and abandonment of wells at the end of their useful lives. We also provide specialty drilling services to oil and natural gas producers with certain of our larger rigs that are capable of providing conventional and horizontal drilling services. Our rigs encompass various sizes and capabilities, allowing us to service all types of oil and gas wells. Many of our rigs are outfitted with our proprietary KeyView ® technology, which captures and reports well site operating data and provides safety control systems. We believe that this technology allows our customers and our crews to better monitor well site operations, improves efficiency and safety, and adds value to the services that we offer. The completion and recompletion services provided by our rigs prepare wells for production, whether newly drilled, or recently extended through a workover operation. The completion process may involve selectively perforating the well casing to access production zones, stimulating and testing these zones, and installing tubular and downhole equipment. We typically provide a well service rig and may also provide other equipment to assist in the completion process. Completion services vary by well and our work may take a few days to several weeks to perform, depending on the nature of the completion. The workover services that we provide are designed to enhance the production of existing wells and generally are more complex and time consuming than normal maintenance services. Workover services can include deepening or extending wellbores into new formations by drilling horizontal or lateral wellbores, sealing off depleted production zones and accessing previously bypassed production zones, converting former production wells into injection wells for enhanced recovery operations and conducting major subsurface repairs due to equipment failures. Workover services may last from a few days to several weeks, depending on the complexity of the workover. Maintenance services provided with our rig fleet are generally required throughout the life cycle of an oil or natural gas well. Examples of these maintenance services include routine mechanical repairs to the pumps, tubing and other equipment, removing debris and formation material from wellbores, and pulling rods and other downhole equipment from wellbores to identify and resolve production problems. Maintenance services are generally less complicated than completion and workover related services and require less time to perform. Our rig fleet is also used in the process of permanently shutting-in oil or natural gas wells that are at the end of their productive lives. These plugging and abandonment services generally require auxiliary equipment in addition to a well servicing rig. The demand for plugging and abandonment services is not significantly impacted by the demand for oil and natural gas because well operators are required by state regulations to plug wells that are no longer productive. Fishing and Rental Services We offer a full line of services and rental equipment designed for use in providing drilling and workover services. Fishing services involve recovering lost or stuck equipment in the wellbore utilizing a broad array of “fishing tools.” Our rental tool inventory consists of drill pipe, tubulars, handling tools (including our patented Hydra-Walk ® pipe-handling units and services), pressure-control equipment, pumps, power swivels, reversing units, foam air units. Our rental inventory also included frac stack equipment used to support hydraulic fracturing operations and the associated flowback of frac fluids, proppants, oil and natural gas. We also had provided well-testing services. Our frac stack equipment and well-testing services business were sold in the second quarter of 2017. Demand for our Fishing and Rental Services is closely related to capital spending by oil and natural gas producers, which is generally driven by oil and natural gas prices. Coiled Tubing Services Coiled Tubing Services involve the use of a continuous metal pipe spooled onto a large reel which is then deployed into oil and natural gas wells to perform various applications, such as wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations utilizing acid and chemical treatments. Coiled tubing is also used for a number of horizontal well applications such as milling temporary isolation plugs that separate frac zones, and various other pre- and post- hydraulic fracturing well preparation services. Fluid Management Services We provide transportation and well-site storage services for various fluids utilized in connection with drilling, completions, workover and maintenance activities. We also provide disposal services for fluids produced subsequent to well completion. These fluids are removed from the well site and transported for disposal in SWD wells owned by us or a third party. In addition, we operate a fleet of hot oilers capable of pumping heated fluids used to clear soluble restrictions in a wellbore. Demand and pricing for these services generally correspond to demand for our well service rigs. International Our International segment included our former operations in Canada and Russia. We completed the sale of our Canadian subsidiary and Russian subsidiary in the second and third quarters of 2017, respectively. Our services in Russia consisted of rig-based services such as the maintenance, workover, and recompletion of existing oil wells, completion of newly-drilled wells, and plugging and abandonment of wells at the end of their useful lives. Our Canadian subsidiary was a technology development and control systems business focused on the development of hardware and software related to oilfield service equipment controls, data acquisition and digital information flow. Functional Support Our Functional Support segment includes unallocated overhead costs associated with administrative support for our U.S. and International reporting segments. Financial Summary The following table presents our segment information as of and for the years ended December 31, 2019, 2018 and 2017 (in thousands): As of and for the year ended December 31, 2019 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services Functional Support(2) Reconciling Eliminations Total Revenues from external customers $ 250,532 $ 54,511 $ 37,964 $ 70,847 $ — $ — $ 413,854 Intersegment revenues 478 1,623 — 147 — (2,248 ) — Depreciation and amortization 24,037 16,212 5,276 8,856 2,588 — 56,969 Other operating expenses 210,633 45,782 36,529 61,578 70,249 — 424,771 Operating income (loss) 15,862 (7,483 ) (3,841 ) 413 (72,837 ) — (67,886 ) Interest expense, net of amounts capitalized 105 27 55 45 35,291 — 35,523 Income (loss) before taxes 15,817 (7,497 ) (3,893 ) 390 (106,210 ) — (101,393 ) Long-lived assets(1) 118,013 37,915 16,443 44,607 28,957 343 246,278 Total assets 156,552 48,142 22,523 54,927 55,957 9,769 347,870 Capital expenditures 4,237 2,801 4,494 2,146 4,624 — 18,302 As of and for the year ended December 31, 2018 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services Functional Support Reconciling Eliminations Total Revenues from external customers $ 296,969 $ 64,691 $ 71,013 $ 89,022 $ — $ — $ 521,695 Intersegment revenues 710 2,465 48 1,101 — (4,324 ) — Depreciation and amortization 31,519 23,361 5,223 20,091 2,445 — 82,639 Other operating expenses 245,898 49,983 60,594 77,781 63,766 — 498,022 Operating income (loss) 19,552 (8,653 ) 5,196 (8,850 ) (66,211 ) — (58,966 ) Interest expense, net of amounts capitalized — — — — 34,163 — 34,163 Income (loss) before taxes 19,689 (8,622 ) 5,201 (8,773 ) (98,270 ) — (90,775 ) Long-lived assets(1) 141,469 50,629 17,274 55,263 19,637 404 284,676 Total assets 192,376 65,711 27,283 70,003 80,507 7,294 443,174 Capital expenditures 18,126 3,671 4,872 2,907 7,959 — 37,535 As of and for the year ended December 31, 2017 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services International Functional Support Reconciling Eliminations Total Revenues from external customers $ 248,830 $ 59,172 $ 41,866 $ 80,726 $ 5,571 $ — $ — $ 436,165 Intersegment revenues 325 3,181 60 1,218 — — (4,784 ) — Depreciation and amortization 31,493 23,454 5,187 21,917 791 1,700 — 84,542 Impairment expense — — — — 187 — — 187 Other operating expenses 220,957 28,212 35,048 78,341 9,586 75,472 — 447,616 Operating income (loss) (3,620 ) 7,506 1,631 (19,532 ) (4,993 ) (77,172 ) — (96,180 ) Reorganization items, net — — — — — 1,501 — 1,501 Interest expense, net of amounts capitalized — — — — — 31,797 — 31,797 Income (loss) before taxes (3,449 ) 7,748 1,643 (19,537 ) (298 ) (108,398 ) — (122,291 ) Long-lived assets(1) 160,170 63,340 19,064 74,591 7 122,965 (97,819 ) 342,318 Total assets 287,856 360,581 41,523 (985 ) 9,473 513,393 (682,720 ) 529,121 Capital expenditures 8,375 741 886 3,288 475 2,314 — 16,079 (1) Long-lived assets include: fixed assets, goodwill, intangibles and other assets.

UNAUDITED QUARTERLY RESULTS OF

UNAUDITED QUARTERLY RESULTS OF OPERATIONS (Notes)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
UNAUDITED QUARTERLY RESULTS OF OPERATIONS	UNAUDITED QUARTERLY RESULTS OF OPERATIONS The following table presents our summarized, unaudited quarterly information for the two most recent years covered by these consolidated financial statements (in thousands, except for per share data): Quarter Ended March 31 June 30 September 30 December 31 Year Ended December 31, 2019: Revenues $ 109,273 $ 112,943 $ 106,523 $ 85,115 Direct operating expenses 88,194 90,564 87,956 66,748 Net loss (23,441 ) (18,303 ) (25,489 ) (30,185 ) Loss per share (1) : Basic and diluted (57.59 ) (44.86 ) (62.32 ) (73.62 ) Quarter Ended March 31 June 30 September 30 December 31 Year Ended December 31, 2018: Revenues $ 125,316 $ 144,405 $ 134,721 $ 117,253 Direct operating expenses 98,211 109,747 106,103 92,335 Net loss (24,963 ) (16,895 ) (23,860 ) (23,078 ) Loss per share(1): Basic and Diluted (61.79 ) (41.72 ) (58.91 ) 56.84 (1) Quarterly earnings per common share are based on the weighted average number of shares outstanding during the quarter, and the sum of the quarters may not equal annual earnings per common share.

LEASES (Notes)

LEASES (Notes)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	LEASES We have operating leases for certain corporate offices and operating locations and finance leases for certain vehicles. We determine if a contract is a lease or contains an embedded lease at the inception of the contract. Operating lease right-of-use (“ROU”) assets are included in other current and other non-current assets, operating lease liabilities are included in other current and other non-current liabilities in our consolidated balance sheets. Finance lease ROU assets are included in property and equipment, net, and finance lease liabilities are included in our current portion of long-term debt, and long-term debt on our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating and finance lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our risk adjusted incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. Our lease terms may include options to extend or terminate the lease. Our leases have remaining lease terms of less than one year to five years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year. Lease expense for lease payments is recognized on a straight-line basis over the non-cancelable term of the lease. We recognized $3 million of costs related to our operating leases during the twelve months ended December 31, 2019 . As of December 31, 2019 , our operating leases have a weighted average remaining lease term of 2.6 years and a weighted average discount rate of 5.88% . We recognized $0.2 million of costs related to our finance leases during the twelve months ended December 31, 2019 . As of December 31, 2019 , our finance leases have a weighted average remaining lease term of 3.6 years and a weighted average discount rate of 4.77% . Supplemental balance sheet information related to leases as of December 31, 2019 are as follows (in thousands): December 31, 2019 Right-of-Use Assets under Operating Leases Operating lease right-of-use assets, current portion $ 2,394 Operating lease right-of-use assets, non-current portion 2,404 Total operating lease assets $ 4,798 Operating lease liabilities, current portion $ 2,502 Operating lease liabilities, non-current portion 2,590 Total operating lease liabilities $ 5,092 Right-of-Use Assets under Finance Leases Property and equipment, at cost $ 1,760 Less accumulated depreciation 183 Property and equipment, net $ 1,577 Current portion of long-term debt $ 419 Long-term debt 1,181 Total finance lease liabilities $ 1,600 The maturities of our operating and finance lease liabilities as of December 31, 2019 are as follows (in thousands): December 31, 2019 Operating Leases Finance Leases 2020 $ 2,719 $ 485 2021 1,552 485 2022 519 485 2023 493 282 2024 188 — Total lease payments 5,471 1,737 Less imputed interest (379 ) (137 ) Total $ 5,092 $ 1,600

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements included in this Annual Report on Form 10-K present our financial position, results of operations and cash flows for the periods presented in accordance with GAAP. The preparation of these consolidated financial statements requires us to develop estimates and to make assumptions that affect our financial position, results of operations and cash flows. These estimates also impact the nature and extent of our disclosure, if any, of our contingent liabilities. Among other things, we use estimates to (i) analyze assets for possible impairment, (ii) determine depreciable lives for our assets, (iii) assess future tax exposure and realization of deferred tax assets, (iv) determine amounts to accrue for contingencies, (v) value tangible and intangible assets, (vi) assess workers’ compensation, vehicular liability, self-insured risk accruals and other insurance reserves, (vii) provide allowances for our uncollectible accounts receivable, (viii) value our asset retirement obligations, and (ix) value our equity-based compensation. We review all significant estimates on a recurring basis and record the effect of any necessary adjustments prior to publication of our financial statements. Adjustments made with respect to the use of estimates relate to improved information not previously available. Because of the limitations inherent in this process, our actual results may differ materially from these estimates. We believe that our estimates are reasonable. We have evaluated events occurring after the balance sheet date included in this Annual Report on Form 10-K for possible disclosure as a subsequent event. Management monitored for subsequent events through the date that these financial statements were issued.
Principles of Consolidation	Principles of Consolidation Within our consolidated financial statements, we include our accounts and the accounts of our majority-owned or controlled subsidiaries. We eliminate intercompany accounts and transactions. When we have an interest in an entity for which we do not have significant control or influence, we account for that interest using the cost method. When we have an interest in an entity and can exert significant influence but not control, we account for that interest using the equity method.
Acquisitions	Acquisitions From time to time, we acquire businesses or assets that are consistent with our long-term growth strategy. Results of operations for acquisitions are included in our financial statements beginning on the date of acquisition and are accounted for using the acquisition method. For all business combinations (whether partial, full or in stages), the acquirer records 100% of all assets and liabilities of the acquired business, including goodwill, at their fair values; including contingent consideration. Final valuations of assets and liabilities are obtained and recorded as soon as practicable no later than one year from the date of the acquisition.
Revenue Recognition	Revenue Recognition We recognize revenue when all of the following criteria have been met: (i) contract with a customer is identified, (ii) performance obligations in the contract is identified, (iii) transaction price is determined (iv) transaction price is allocated to the performance obligations and (v) revenue is recognized when (or as) the performance obligation(s) are satisfied. • Identifying the contract with the customer ensures that there is an understanding between the company and the customer, about the specific nature and terms of a transaction, has been finalized. • At the inception of a contract, the company assesses the goods or services promised in a contract with a customer, and identifies a performance obligation for each promise to transfer to the customer either: (i) a good or service (or a bundle of goods or services) that is distinct or (ii) a series of distinct goods or services that are substantially the same and have the same pattern of transfer to the customer. • The transaction price is the amount of consideration to which a company expects to be entitled in exchange for transferring promised goods or services to a customer, excluding amounts collected on behalf of third parties. The transaction price may include fixed amounts, variable amounts, or both. By its nature, variable amounts of a transaction price have inherent uncertainty as the amount ultimately expected to be realized is not determinable at the outset of a contract. However, the company shall estimate the amount of variable consideration at contract inception, subject to certain limitations. • Once the separate performance obligations are identified and the transaction price has been determined, the company allocates the transaction price to the performance obligations. This is generally done in proportion to their standalone selling prices. As a result, any discount within the contract is generally allocated proportionally to all of the separate performance obligations in the contract. • Revenue is only recognized when it satisfies an identified performance obligation by transferring a promised good or service to a customer. A good or service is considered transferred when the customer obtains control. While not typical for our business, our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenues to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost-plus margin. For combined products and services within a contract, we account for individual products and services separately if they are distinct- i.e. if a product or service is separately identifiable from other items in the contract and if a customer can benefit from it on its own or with other resources that are readily available to the customer. The consideration (including any discounts) is allocated between separate products and services within a contract based on the prices at which we separately sell our services. For items that are not sold separately, we estimate the standalone selling prices using the expected cost-plus margin approach
Cash and Cash Equivalents	Cash and Cash Equivalents We consider short-term investments with an original maturity of less than three months to be cash equivalents. As of December 31, 2019 , all of our obligations under our Prior ABL Facility and Prior Term Loan Facility were secured by most of our assets, including assets held by our subsidiaries, which includes our cash and cash equivalents. We restrict investment of cash to financial institutions with high credit standing and limit the amount of credit exposure to any one financial institution. We maintain our cash in bank deposit and brokerage accounts which exceed federally insured limits. As of December 31, 2019 , accounts were guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 and substantially all of our accounts held deposits in excess of the FDIC limits. Certain of our cash accounts are zero-balance controlled disbursement accounts that do not have right of offset against our other cash balances. We present the outstanding checks written against these zero-balance accounts as a component of accounts payable in the accompanying consolidated balance sheets.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts We establish provisions for losses on accounts receivable if we determine that there is a possibility that we will not collect all or part of the outstanding balances. We regularly review accounts over 150 days past due from the invoice date for collectability and establish or adjust our allowance as necessary using the specific identification method. If we exhaust all collection efforts and determine that the balance will never be collected, we write off the accounts receivable and the associated provision for uncollectible accounts. From time to time we are entitled to proceeds under our insurance policies for amounts that we have reserved in our self-insurance liability. We present these insurance receivables gross on our balance sheet as a component of other assets, separate from the corresponding liability.
Concentration of Credit Risk and Significant Customers	Concentration of Credit Risk and Significant Customers Our customers include major oil and natural gas production companies, independent oil and natural gas production companies, and natural gas production companies. We perform ongoing credit evaluations of our customers and usually do not require material collateral. We maintain reserves for potential credit losses when necessary. Our results of operations and financial position should be considered in light of the fluctuations in demand experienced by oilfield service companies as changes in oil and gas producers’ expenditures and budgets occur. These fluctuations can impact our results of operations and financial position as supply and demand factors directly affect utilization and hours which are the primary determinants of our net cash provided by operating activities. During the year ended 2017, Chevron Texaco Exploration and Production accounted for approximately 12% of our consolidated revenue. No other customer accounted for more than 10% of our consolidated revenue during the years ended December 31, 2019, 2018 and 2017 . No customers accounted for more than 10% of our total accounts receivable as of December 31, 2019 and 2018 .
Inventories	Inventories Inventories, which consist primarily of equipment parts and spares for use in our operations and supplies held for consumption, are valued at the lower of average cost or market.
Property and Equipment	Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is provided for our assets over the estimated depreciable lives of the assets using the straight-line method. Depreciation expense for the years ended December 31, 2019, 2018 and 2017 were $56.9 million , $82.6 million and $84.5 million , respectively. We depreciate our operational assets over their depreciable lives to their salvage value, which is a value higher than the assets’ value as scrap. Salvage value approximates 10% of an operational asset’s acquisition cost. When an operational asset is stacked or taken out of service, we review its physical condition, depreciable life and ultimate salvage value to determine if the asset is operable and whether the remaining depreciable life and salvage value should be adjusted. When we scrap an asset, we accelerate the depreciation of the asset down to its salvage value. When we dispose of an asset, a gain or loss is recognized. As of December 31, 2019 , the estimated useful lives of our asset classes are as follows: Description Years Well service rigs and components 3-15 Oilfield trucks, vehicles and related equipment 4-7 Fishing and rental tools, coiled tubing units and equipment, tubulars and pressure control equipment 3-10 Disposal wells 15 Furniture and equipment 3-7 Buildings and improvements 15-30 A long-lived asset or asset group should be tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. For purposes of testing for impairment, we group our long-lived assets along our lines of business based on the services provided, which is the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. We would record an impairment charge, reducing the net carrying value to estimated fair value, if the asset group’s estimated future cash flows were less than its net carrying value. Events or changes in circumstance that cause us to evaluate our fixed assets for recoverability and possible impairment may include changes in market conditions, such as adverse movements in the prices of oil and natural gas, or changes of an asset group, such as its expected future life, intended use or physical condition, which could reduce the fair value of certain of our property and equipment. The development of future cash flows and the determination of fair value for an asset group involves significant judgment and estimates. See “Note 6. Property and Equipment,” for further discussion.
Asset Retirement Obligations	Asset Retirement Obligations We recognize a liability for the fair value of all legal obligations associated with the retirement of tangible long-lived assets and capitalize an equal amount as a cost of the asset. We depreciate the additional cost over the estimated useful life of the assets. Our obligations to perform our asset retirement activities are unconditional, despite the uncertainties that may exist surrounding an individual retirement activity. Accordingly, we recognize a liability for the fair value of a conditional asset retirement obligation if the fair value can be reasonably estimated. In determining the fair value, we examine the inputs that we believe a market participant would use if we were to transfer the liability. We probability-weight the potential costs a third-party would charge, adjust the cost for inflation for the estimated life of the asset, and discount this cost using our credit adjusted risk free rate. Significant judgment is involved in estimating future cash flows associated with such obligations, as well as the ultimate timing of those cash flows. If our estimates of the amount or timing of the cash flows change, such changes may have a material impact on our results of operations. See “Note 10. Asset Retirement Obligations.”
Deposits	Deposits Due to capacity constraints on equipment manufacturers, we are sometimes required to make advanced payments for certain oilfield service equipment and other items used in the normal course of business. As of the years ended December 31, 2019 and 2018 , deposits totaled $8.7 million and $1.3 million , respectively. Deposits consist primarily of deposit requirements of insurance companies and payments made related to high demand long-lead time items.
Capitalized Interest	Capitalized Interest Interest is capitalized on the average amount of accumulated expenditures for major capital projects under construction using an effective interest rate based on related debt until the underlying assets are placed into service. The capitalized interest is added to the cost of the assets and amortized to depreciation expense over the useful life of the assets, and is included in the depreciation and amortization line in the accompanying consolidated statements of operations.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs associated with long-term debt are carried at cost and are amortized to interest expense using the effective interest method over the life of the related debt instrument. When the related debt instrument is retired, any remaining unamortized costs are included in the determination of the gain or loss on the extinguishment of the debt. We record gains and losses from the extinguishment of debt as a part of continuing operations. In accordance with ASU 2015-03, we record debt financing costs as a reduction of our long-term debt. See “Note 12. Long-term Debt,” for further discussion.
Goodwill and Other Intangible Assets	Valuation of Tangible and Finite-Lived Intangible Assets Our fixed assets and finite-lived intangibles are tested for potential impairment when circumstances or events indicate a possible impairment may exist. These circumstances or events are referred to as “trigger events” and examples of such trigger events include, but are not limited to, an adverse change in market conditions, a significant decrease in benefits being derived from an acquired business, a change in the use of an asset, or a significant disposal of a particular asset or asset class. If a trigger event occurs, an impairment test is performed based on an undiscounted cash flow analysis. To perform an impairment test, we make judgments, estimates and assumptions regarding long-term forecasts of revenues and expenses relating to the assets subject to review. Market conditions, energy prices, estimated depreciable lives of the assets, discount rate assumptions and legal factors impact our operations and have a significant effect on the estimates we use to determine whether our assets are impaired. If the results of the undiscounted cash flow analysis indicate that the carrying value of the assets being tested for impairment are not recoverable, then we record an impairment charge to write the carrying value of the assets down to their fair value. Using different judgments, assumptions or estimates, we could potentially arrive at a materially different fair value for the assets being tested for impairment, which may result in an impairment charge.
Internal-Use Software	Internal-Use Software We capitalize costs incurred during the application development stage of internal-use software and amortize these costs over the software’s estimated useful life, generally five to seven years. Costs incurred related to selection or maintenance of internal-use software are expensed as incurred.
Litigation	Litigation When estimating our liabilities related to litigation, we take into account all available facts and circumstances in order to determine whether a loss is probable and reasonably estimable. Various suits and claims arising in the ordinary course of business are pending against us. We conduct business throughout the continental United States and may be subject to jury verdicts or arbitrations that result in outcomes in favor of the plaintiffs. We continually assess our contingent liabilities, including potential litigation liabilities, as well as the adequacy of our accruals and our need for the disclosure of these items. We establish a provision for a contingent liability when it is probable that a liability has been incurred and the amount is reasonably estimable. See “Note 13. Commitments and Contingencies.”
Environmental	Environmental Our operations routinely involve the storage, handling, transport and disposal of bulk waste materials, some of which contain oil, contaminants, and regulated substances. These operations are subject to various federal, state and local laws and regulations intended to protect the environment. Environmental expenditures are expensed or capitalized depending on their future economic benefit. Expenditures that relate to an existing condition caused by past operations and that have no future economic benefits are expensed. We record liabilities on an undiscounted basis when our remediation efforts are probable and the costs to conduct such remediation efforts can be reasonably estimated. While our litigation reserves reflect the application of our insurance coverage, our environmental reserves do not reflect management’s assessment of the insurance coverage that may apply to the matters at issue. See “Note 13. Commitments and Contingencies.”
Self-Insurance	Self-Insurance We are primarily self-insured against physical damage to our equipment and automobiles as well as workers’ compensation claims. The accruals that we maintain on our consolidated balance sheet relate to these deductibles and self-insured retentions, which we estimate through the use of historical claims data and trend analysis. To assist management with the liability amount for our self-insurance reserves, we utilize the services of a third party actuary. The actual outcome of any claim could differ significantly from estimated amounts. We adjust loss estimates in the calculation of these accruals, based upon actual claim settlements and reported claims. See “Note 13. Commitments and Contingencies.”
Income Taxes	Income Taxes We account for deferred income taxes using the asset and liability method and provide income taxes for all significant temporary differences. Management determines our current tax liability as well as taxes incurred as a result of current operations, yet deferred until future periods. Current taxes payable represent our liability related to our income tax returns for the current year, while net deferred tax expense or benefit represents the change in the balance of deferred tax assets and liabilities reported on our consolidated balance sheets. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Further, management makes certain assumptions about the timing of temporary tax differences for the differing treatment of certain items for tax and accounting purposes or whether such differences are permanent. The final determination of our tax liability involves the interpretation of local tax laws, tax treaties, and related authorities in each jurisdiction as well as the significant use of estimates and assumptions regarding the scope of future operations and results achieved and the timing and nature of income earned and expenditures incurred. We record valuation allowances to reduce deferred tax assets if we determine that it is more likely than not (e.g., a likelihood of more than 50%) that some or all of the deferred tax assets will not be realized in future periods. To assess the likelihood, we use estimates and judgment regarding our future taxable income, as well as the jurisdiction in which this taxable income is generated, to determine whether a valuation allowance is required. The ultimate realization of the deferred tax assets depends on the ability to generate sufficient taxable income of the appropriate character and in the related jurisdiction in the future. Evidence supporting this ability can include our current financial position, our results of operations, both actual and forecasted results, the reversal of deferred tax liabilities, and tax planning strategies as well as the current and forecasted business economics of our industry. Additionally, we record uncertain tax positions in the financial statements at their net recognizable amount, based on the amount that management deems is more likely than not to be sustained upon ultimate settlement with the tax authorities in the domestic and international tax jurisdictions in which we operate. If our estimates or assumptions regarding our current and deferred tax items are inaccurate or are modified, these changes could have potentially material negative impacts on our earnings. See “Note 11. Income Taxes” for further discussion of accounting for income taxes, changes in our valuation allowance, components of our tax rate reconciliation and realization of loss carryforwards.
Earnings Per Share	Earnings Per Share Basic earnings per common share is determined by dividing net earnings applicable to common stock by the weighted average number of common shares actually outstanding during the period. Diluted earnings per common share is based on the increased number of shares that would be outstanding assuming conversion of dilutive outstanding convertible securities using the treasury stock and “as if converted” methods. See “Note 8. Earnings Per Share.”
Share-Based Compensation	Share-Based Compensation We issue or have issued time-based vesting and performance-based vesting stock options, time-based vesting and performance-based vesting restricted stock units, and restricted stock awards to our employees as part of those employees’ compensation and as a retention tool for non-employee directors. We calculate the fair value of the awards on the grant date and amortize that fair value to compensation expense ratably over the vesting period of the award, net of forfeitures. The grant-date fair value of our time-based restricted stock units and restricted stock awards is determined using our stock price on the grant date. The grant-date fair value of our performance-based restricted stock units is determined using our stock price on the grant date assuming a 1.0x payout target, however, a maximum 2.0x payout could be achieved if certain EBITDA-based performance measures are met. The fair value of our stock option awards are estimated using a Black-Scholes fair value model. The valuation of our stock options requires us to estimate the expected term of award, which we estimate using the simplified method, as we do not have sufficient historical exercise information. Additionally, the valuation of our stock option awards is also dependent on historical stock price volatility. In view of the limited amount of time elapsed since our reorganization, volatility is calculated based on historical stock price volatility of our peer group with a lookback period equivalent to the expected term of the award. Fair value of performance-based stock options and restricted stock units is estimated in the same manner as our time-based awards and assumes that performance goals will be achieved and the awards will vest. If the performance based awards do not vest, any previously recognized compensation costs will be reversed. We record share-based compensation as a component of general and administrative or direct operating expense based on the role of the applicable individual. See “Note 16. Share-Based Compensation.”
Foreign Currency Gains and Losses	Foreign Currency Gains and Losses With respect to our former operations in Russia, which were sold in the third quarter of 2017, where the local currency was the functional currency, assets and liabilities were translated at the rates of exchange in effect on the balance sheet date, while income and expense items were translated at average rates of exchange during the period. The resulting gains or losses arising from the translation of accounts from the functional currency to the U.S. dollar were included as a separate component of stockholders’ equity in other comprehensive income until a partial or complete sale or liquidation of our net investment in the foreign entity. From time to time our former foreign subsidiaries may have entered into transactions that are denominated in currencies other than their functional currency. These transactions were initially recorded in the functional currency of that subsidiary based on the applicable exchange rate in effect on the date of the transaction. At the end of each month, those transactions were remeasured to an equivalent amount of the functional currency based on the applicable exchange rates in effect at that time. Any adjustment required to remeasure a transaction to the equivalent amount of the functional currency at the end of the month was recorded in the income or loss of the foreign subsidiary as a component of other income, net.
Comprehensive Income	Comprehensive Loss We display comprehensive loss and its components in our financial statements, and we classify items of comprehensive income (loss) by their nature in our financial statements and display the accumulated balance of other comprehensive income (loss) separately in our stockholders’ equity.
Leases	Leases We lease real property and equipment through various leasing arrangements. When we enter into a leasing arrangement, we analyze the terms of the arrangement to determine whether the lease should be accounted for as an operating lease or a capital lease. We periodically incur costs to improve the assets that we lease under these arrangements. If the value of the leasehold improvements exceeds our threshold for capitalization, we record the improvement as a component of our property and equipment and amortize the improvement over the useful life of the improvement or the lease term, whichever is shorter. Certain of our operating lease agreements are structured to include scheduled and specified rent increases over the term of the lease agreement. These increases may be the result of an inducement or “rent holiday” conveyed to us early in the lease, or are included to reflect the anticipated effects of inflation. We recognize scheduled and specified rent increases on a straight-line basis over the term of the lease agreement. In addition, certain of our operating lease agreements contain incentives to induce us to enter into the lease agreement, such as up-front cash payments to us, payment by the lessor of our costs, such as moving expenses, or the assumption by the lessor of our pre-existing lease agreements with third parties. Any payments made to us or on our behalf represent incentives that we consider to be a reduction of our rent expense, and are recognized on a straight-line basis over the term of the lease agreement.
Recent Accounting Developments	Recent Accounting Developments ASU 2016-13. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments that will change how companies measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. The standard will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For available-for-sale debt securities, entities will be required to record allowances rather than reduce the carrying amount. The amendments in this update will be effective for annual periods beginning after December 15, 2019 and interim periods within those annual periods. The adoption of ASU 2016-13 is not expected to have a material impact on our consolidated financial statements. ASU 2016-02 . In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) , which replaced the existing lease guidance. The new standard is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use assets and corresponding lease liabilities on the balance sheet. Additional disclosure requirements include qualitative disclosures along with specific quantitative disclosures with the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for the Company for annual reporting periods beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. As part of our assessment, we have created additional internal controls over financial reporting and made changes in business practices and processes related to the ASU. Key has elected the new prospective “Comparatives Under 840” transition method as defined in ASU 2018-11 and adopted the new standard as of January 1, 2019. As part of the adoption, the Company elected several practical expedients which, for contracts that existed at the time of the adoption, allowed the Company to not reassess whether existing contracts are or contained leases, classification of a lease (i.e., operating leases will remain operating leases), initial direct costs and land easement arrangements. As part of the adoption, the Company also made several accounting policy elections which allow the Company to not apply the standard to short term leases as well as to choose not to separate non-lease components from lease components and instead account for all components as a single lease component. The adoption of this standard did not have an impact on our consolidated statement of operations or consolidated statement of cash flows and had an immaterial impact on our consolidated balance sheet. Right of use assets obtained in exchange for operating leases liabilities was $4.1 million at the time of the adoption of the standard.

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Estimated Useful Lives of Asset Classes	As of December 31, 2019 , the estimated useful lives of our asset classes are as follows: Description Years Well service rigs and components 3-15 Oilfield trucks, vehicles and related equipment 4-7 Fishing and rental tools, coiled tubing units and equipment, tubulars and pressure control equipment 3-10 Disposal wells 15 Furniture and equipment 3-7 Buildings and improvements 15-30

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The following table presents our revenues disaggregated by revenue source (in thousands). Sales taxes are excluded from revenues. Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Rig Services $ 250,532 $ 296,969 $ 248,830 Fishing and Rental Services 54,511 64,691 59,172 Coiled Tubing Services 37,964 71,013 41,866 Fluid Management Services 70,847 89,022 80,726 International — — 5,571 Total $ 413,854 $ 521,695 $ 436,165

Other Balance Sheet Informati_2

Other Balance Sheet Information (Tables)	12 Months Ended
	Dec. 31, 2019
Balance Sheet Disclosures [Abstract]
Other Current Assets	The table below presents comparative detailed information about other current assets at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other current assets: Prepaid current assets $ 13,118 $ 11,207 Reinsurance receivable 6,475 6,365 Operating lease right-of-use assets 2,394 — Other 273 501 Total $ 22,260 $ 18,073
Other Non-Current Assets	The table below presents comparative detailed information about other non-current assets at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other non-current assets: Reinsurance receivable $ 6,887 $ 6,743 Deposits 8,689 1,309 Operating lease right-of-use assets 2,404 — Other 386 510 Total $ 18,366 $ 8,562
Other Current Liabilities	The table below presents comparative detailed information about other current liabilities at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other current liabilities: Accrued payroll, taxes and employee benefits $ 14,463 $ 19,346 Accrued operating expenditures 12,919 15,861 Income, sales, use and other taxes 5,115 8,911 Self-insurance reserves 25,366 25,358 Accrued interest 15,476 7,105 Accrued insurance premiums 4,990 5,651 Unsettled legal claims 7,020 4,356 Accrued severance 2,636 83 Operating leases 2,502 — Other 228 706 Total $ 90,715 $ 87,377
Other Non-Current Liabilities	The table below presents comparative detailed information about other non-current liabilities at December 31, 2019 and 2018 (in thousands): December 31, 2019 2018 Other non-current liabilities: Asset retirement obligations $ 9,035 $ 9,018 Environmental liabilities 2,047 2,227 Accrued sales, use and other taxes 17,005 17,024 Operating leases 2,590 — Other 33 67 Total $ 30,710 $ 28,336

Other Income, Net (Tables)

Other Income, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
Other Income, Net	The table below presents comparative detailed information about our other income and expense for years ended December 31, 2019 , 2018 and 2017 (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Interest income $ (723 ) $ (820 ) $ (711 ) Other (1,293 ) (1,534 ) (6,476 ) Total $ (2,016 ) $ (2,354 ) $ (7,187 )

Allowance for Doubtful Accoun_2

Allowance for Doubtful Accounts (Tables)	12 Months Ended
	Dec. 31, 2019
Valuation Allowance [Abstract]
Allowance for Doubtful Accounts	The table below presents a rollforward of our allowance for doubtful accounts for the years ended December 31, 2019, 2018 and 2017 (in thousands): Balance at Beginning of Period Charged to Expense Deductions Balance at End of Period As of December 31, 2019 $ 1,056 $ 912 $ (1,087 ) $ 881 As of December 31, 2018 875 286 (105 ) 1,056 As of December 31, 2017 168 1,420 (713 ) 875

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consist of the following (in thousands): December 31, 2019 2018 Major classes of property and equipment: Oilfield service equipment $ 286,345 $ 284,943 Disposal wells 41,127 30,863 Motor vehicles 11,416 44,286 Furniture and equipment 31,216 6,469 Buildings and land 60,097 65,328 Work in progress 956 7,154 Right-of-use assets under finance leases 1,760 — Gross property and equipment 432,917 439,043 Accumulated depreciation (205,352 ) (163,333 ) Net property and equipment $ 227,565 $ 275,710

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets	The components of our intangible assets as of December 31, 2019 and 2018 are as follows (in thousands): December 31, 2019 2018 Gross carrying value $ 520 $ 520 Accumulated amortization (173 ) (116 ) Net carrying value $ 347 $ 404
Weighted Average Remaining Amortization Periods and Expected Amortization Expense for the Next Five Years for Intangible	The weighted average remaining amortization periods and expected amortization expense for the next five years for our definite lived intangible assets are as follows (in thousands): Weighted average remaining amortization period (years) Expected Amortization Expense 2020 2021 2022 2023 2024 Trademarks 6.0 $ 58 $ 58 $ 58 $ 58 $ 58

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The company has issued potentially dilutive instruments such as RSUs, stock options, SARs and warrants. However, the company did not include these instruments in its calculation of diluted loss per share during the periods presented, because to include them would be anti-dilutive. The following table shows potentially dilutive instruments (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 RSUs 37 24 36 Stock options 1 3 14 Warrants 37 37 37 Total 75 64 87
Earnings Per Share	The following table presents our basic and diluted earnings per share (“EPS ” ) for the years ended December 31, 2019 , 2018 and 2017 (in thousands, except per share amounts): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Basic and diluted EPS Calculation: Numerator Net loss $ (97,418 ) $ (88,796 ) $ (120,589 ) Denominator Weighted average shares outstanding 408 405 402 Basic loss per share $ (238.77 ) $ (219.25 ) $ (299.97 )

Asset Retirement Obligations (T

Asset Retirement Obligations (Tables)	12 Months Ended
	Dec. 31, 2019
Asset Retirement Obligation Disclosure [Abstract]
Summary of Changes in Asset Retirement Obligations	A summary of changes in our asset retirement obligations is as follows (in thousands): Balance at December 31, 2016 $ 9,069 Additions 36 Costs incurred (147 ) Accretion expense 221 Disposals (248 ) Balance at December 31, 2017 8,931 Additions 340 Costs incurred (417 ) Accretion expense 164 Balance at December 31, 2018 9,018 Costs incurred (151 ) Accretion expense 168 Balance at December 31, 2019 $ 9,035

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Components of Income Tax Expense	The components of our income tax expense are as follows (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Current income tax benefit $ 3,975 $ 1,979 $ 1,667 Deferred income tax benefit — — 35 Total income tax benefit $ 3,975 $ 1,979 $ 1,702
Income Tax Expense Computed by Applying the Statutory Federal Rate	Income tax (expense) benefit differs from amounts computed by applying the statutory federal rate as follows: Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Income tax benefit computed at Federal statutory rate 21.0 % 21.0 % 35.0 % State taxes (0.4 )% (0.2 )% — % Meals and entertainment (0.2 )% (0.4 )% (0.4 )% Foreign rate difference — % — % 0.4 % Non-taxable cancellation of debt income — % 2.6 % — % Penalties and other non-deductible expenses (0.1 )% — % — % Change in valuation allowance (20.4 )% (20.1 )% (33.8 )% Equity compensation (0.4 )% (0.7 )% (1.0 )% U.S. tax reform - impact to deferred tax assets and liabilities — % — % (67.4 )% U.S. tax reform - change in valuation allowance — % — % 67.4 % Other 4.4 % — % 1.2 % Effective income tax rate 3.9 % 2.2 % 1.4 %
Deferred Tax Assets and Liabilities	As of December 31, 2019 and 2018 , our deferred tax assets and liabilities consisted of the following (in thousands): December 31, 2019 2018 Deferred tax assets: Net operating loss and tax credit carryforwards $ 115,811 $ 113,230 Capital loss carryforwards 15,320 15,826 Foreign tax credit carryforward 17,095 17,095 Self-insurance reserves 8,619 8,581 Interest expense limitation 12,943 6,055 Accrued liabilities 9,842 9,213 Share-based compensation 507 1,221 Intangible assets 37,099 44,748 Other 2,333 670 Total deferred tax assets 219,569 216,639 Valuation allowance for deferred tax assets (201,666 ) (190,791 ) Net deferred tax assets 17,903 25,848 Deferred tax liabilities: Property and equipment (16,817 ) (25,848 ) Other (1,086 ) — Total deferred tax liabilities (17,903 ) (25,848 ) Net deferred tax asset (liability), net of valuation allowance $ — $ —
Liabilities for Uncertain Tax Positions	Uncertainty in Income Taxes As of December 31, 2019, 2018 and 2017, we had zero , zero and $0.1 million , respectively, of unrecognized tax benefits which, if recognized, would impact our effective tax rate. For the years ended December 31, 2019, 2018 and 2017, we recognized a net tax benefit of zero , $0.1 million and $0.3 million , respectively, for statutes of limitations expiration. As of December 31, 2019 our ending balance for uncertain tax position remains at zero, due to the statute of limitations lapse. A reconciliation of the gross change in the unrecognized tax benefits is as follows (in thousands): Balance at December 31, 2016 $ 360 Reductions as a result of a lapse of the applicable statute of limitations (252 ) Balance at December 31, 2017 108 Reductions as a result of a lapse of the applicable statute of limitations (108 ) Balance at December 31, 2018 — Balance at December 31, 2019 $ —

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Long-Term Debt	December 31, 2019 2018 Term Loan Facility due 2021 $ 243,125 $ 245,000 Unamortized debt issuance costs (1,799 ) (1,421 ) Finance lease obligation 1,600 — Total 242,926 243,579 Less current portion (2,919 ) (2,500 ) Long-term debt $ 240,007 $ 241,079
Weighted Average Interest Rates [Table Text Block]	The weighted average interest rates on the outstanding borrowings under the Prior Term Loan Facility for the year ended December 31, 2019 was as follows: Year Ended December 31, 2019 Term Loan Facility 13.11 %
Schedule of Repayment Requirements of Long-Term Debt	Presented below is a schedule of the repayment requirements of long-term debt as of December 31, 2019 (in thousands). Subsequent to December 31, 2019, the debt described below was substantially exchanged for shares of our common stock pursuant to the Restructuring. Principal Amount of Long-Term Debt 2020 $ 2,500 2021 240,625 Total long-term debt $ 243,125
Interest Expense	Interest expense for the years ended December 31, 2019, 2018 and 2017 consisted of the following (in thousands): Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Cash payments $ 34,129 $ 32,718 $ 30,397 Commitment and agency fees paid 608 969 924 Amortization of deferred financing costs 433 476 476 Leases 353 — — Net interest expense $ 35,523 $ 34,163 $ 31,797
Summary of Deferred Financing Costs Including Cost Capitalized, Amortized, and Written Off in Determination of Loss on Extinguishment of Debt	A summary of deferred financing costs including capitalized costs and amortization are presented in the table below (in thousands): Balance at December 31, 2016 $ 2,023 Capitalized costs 350 Amortization (476 ) Balance at December 31, 2017 1,897 Capitalized costs — Amortization (476 ) Balance at December 31, 2018 1,421 Capitalized costs 811 Amortization (433 ) Balance at December 31, 2019 $ 1,799

Commitments and Contingencies_2

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	As of December 31, 2019 , the future minimum lease payments under non-cancelable operating leases are as follows (in thousands): Lease Payments 2020 $ 5,013 2021 3,358 2022 1,934 2023 1,868 2024 1,489 Thereafter 1,311 Total $ 14,973

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Compensation [Abstract]
Summary of Stock Option Activity	The following tables summarize the stock option activity for the year ended December 31, 2019 (shares in thousands): Year Ended December 31, 2019 Options Weighted Average Exercise Price Weighted Average Fair Value Outstanding at beginning of period 1.48 $ 1,746.00 $ 541.00 Granted — $ — $ — Exercised — $ — $ — Cancelled or expired (0.40 ) $ 1,912.32 $ 666.47 Outstanding at end of period 1.08 $ 1,683.50 $ 493.79 Exercisable at end of period 1.08 $ 1,683.50 $ 493.79
Summary of Common Share Awards Issued	The following tables summarize information for the year ended December 31, 2019 about our unvested common stock awards that we have outstanding (shares in thousands): Year Ended December 31, 2019 Outstanding Weighted Average Issuance Price Shares at beginning of period 14.58 $ 626.00 Granted 28.44 $ 111.84 Vested (4.55 ) $ 447.13 Cancelled (24.55 ) $ 285.38 Shares at end of period 13.92 $ 235.03

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Supplemental cash flow information: Cash paid for interest $ 34,129 $ 32,718 $ 30,397 Cash paid for taxes 284 40 — Tax refunds 6,208 1,097 —

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Segment Information	The following table presents our segment information as of and for the years ended December 31, 2019, 2018 and 2017 (in thousands): As of and for the year ended December 31, 2019 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services Functional Support(2) Reconciling Eliminations Total Revenues from external customers $ 250,532 $ 54,511 $ 37,964 $ 70,847 $ — $ — $ 413,854 Intersegment revenues 478 1,623 — 147 — (2,248 ) — Depreciation and amortization 24,037 16,212 5,276 8,856 2,588 — 56,969 Other operating expenses 210,633 45,782 36,529 61,578 70,249 — 424,771 Operating income (loss) 15,862 (7,483 ) (3,841 ) 413 (72,837 ) — (67,886 ) Interest expense, net of amounts capitalized 105 27 55 45 35,291 — 35,523 Income (loss) before taxes 15,817 (7,497 ) (3,893 ) 390 (106,210 ) — (101,393 ) Long-lived assets(1) 118,013 37,915 16,443 44,607 28,957 343 246,278 Total assets 156,552 48,142 22,523 54,927 55,957 9,769 347,870 Capital expenditures 4,237 2,801 4,494 2,146 4,624 — 18,302 As of and for the year ended December 31, 2018 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services Functional Support Reconciling Eliminations Total Revenues from external customers $ 296,969 $ 64,691 $ 71,013 $ 89,022 $ — $ — $ 521,695 Intersegment revenues 710 2,465 48 1,101 — (4,324 ) — Depreciation and amortization 31,519 23,361 5,223 20,091 2,445 — 82,639 Other operating expenses 245,898 49,983 60,594 77,781 63,766 — 498,022 Operating income (loss) 19,552 (8,653 ) 5,196 (8,850 ) (66,211 ) — (58,966 ) Interest expense, net of amounts capitalized — — — — 34,163 — 34,163 Income (loss) before taxes 19,689 (8,622 ) 5,201 (8,773 ) (98,270 ) — (90,775 ) Long-lived assets(1) 141,469 50,629 17,274 55,263 19,637 404 284,676 Total assets 192,376 65,711 27,283 70,003 80,507 7,294 443,174 Capital expenditures 18,126 3,671 4,872 2,907 7,959 — 37,535 As of and for the year ended December 31, 2017 Rig Services Fishing and Rental Services Coiled Tubing Services Fluid Management Services International Functional Support Reconciling Eliminations Total Revenues from external customers $ 248,830 $ 59,172 $ 41,866 $ 80,726 $ 5,571 $ — $ — $ 436,165 Intersegment revenues 325 3,181 60 1,218 — — (4,784 ) — Depreciation and amortization 31,493 23,454 5,187 21,917 791 1,700 — 84,542 Impairment expense — — — — 187 — — 187 Other operating expenses 220,957 28,212 35,048 78,341 9,586 75,472 — 447,616 Operating income (loss) (3,620 ) 7,506 1,631 (19,532 ) (4,993 ) (77,172 ) — (96,180 ) Reorganization items, net — — — — — 1,501 — 1,501 Interest expense, net of amounts capitalized — — — — — 31,797 — 31,797 Income (loss) before taxes (3,449 ) 7,748 1,643 (19,537 ) (298 ) (108,398 ) — (122,291 ) Long-lived assets(1) 160,170 63,340 19,064 74,591 7 122,965 (97,819 ) 342,318 Total assets 287,856 360,581 41,523 (985 ) 9,473 513,393 (682,720 ) 529,121 Capital expenditures 8,375 741 886 3,288 475 2,314 — 16,079 (1) Long-lived assets include: fixed assets, goodwill, intangibles and other assets.

Unaudited Quarterly Results o_2

Unaudited Quarterly Results of Operations (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Summarized Quarterly Information	our summarized, unaudited quarterly information for the two most recent years covered by these consolidated financial statements (in thousands, except for per share data): Quarter Ended March 31 June 30 September 30 December 31 Year Ended December 31, 2019: Revenues $ 109,273 $ 112,943 $ 106,523 $ 85,115 Direct operating expenses 88,194 90,564 87,956 66,748 Net loss (23,441 ) (18,303 ) (25,489 ) (30,185 ) Loss per share (1) : Basic and diluted (57.59 ) (44.86 ) (62.32 ) (73.62 ) Quarter Ended March 31 June 30 September 30 December 31 Year Ended December 31, 2018: Revenues $ 125,316 $ 144,405 $ 134,721 $ 117,253 Direct operating expenses 98,211 109,747 106,103 92,335 Net loss (24,963 ) (16,895 ) (23,860 ) (23,078 ) Loss per share(1): Basic and Diluted (61.79 ) (41.72 ) (58.91 ) 56.84 (1) Quarterly earnings per common share are based on the weighted average number of shares outstanding during the quarter, and the sum of the quarters may not equal annual earnings per common share.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Lessee, Operating Lease, Disclosure	Supplemental balance sheet information related to leases as of December 31, 2019 are as follows (in thousands): December 31, 2019 Right-of-Use Assets under Operating Leases Operating lease right-of-use assets, current portion $ 2,394 Operating lease right-of-use assets, non-current portion 2,404 Total operating lease assets $ 4,798 Operating lease liabilities, current portion $ 2,502 Operating lease liabilities, non-current portion 2,590 Total operating lease liabilities $ 5,092 Right-of-Use Assets under Finance Leases Property and equipment, at cost $ 1,760 Less accumulated depreciation 183 Property and equipment, net $ 1,577 Current portion of long-term debt $ 419 Long-term debt 1,181 Total finance lease liabilities $ 1,600
Lessee, Operating Lease, Liability, Maturity	The maturities of our operating and finance lease liabilities as of December 31, 2019 are as follows (in thousands): December 31, 2019 Operating Leases Finance Leases 2020 $ 2,719 $ 485 2021 1,552 485 2022 519 485 2023 493 282 2024 188 — Total lease payments 5,471 1,737 Less imputed interest (379 ) (137 ) Total $ 5,092 $ 1,600

Organization and Summary of S_4

Organization and Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 06, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)shares	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)
Significant Accounting Policies [Line Items]
Common stock, shares issued (shares) | shares		410,990	407,264
Depreciation expense		$ 56,900,000	$ 82,600,000	$ 84,500,000
Deposits		$ 8,689,000	$ 1,309,000
Salvage value as a percentage of operational asset's acquisition cost		10.00%
Customer Concentration Risk | Sales Revenue, Net [Member] | Chevron Texaco Exploration and Production [Member]
Significant Accounting Policies [Line Items]
Concentration of risk percentage				12.00%
Maximum
Significant Accounting Policies [Line Items]
Cash in bank deposit and brokerage accounts guaranteed by FDIC		$ 250,000
Capitalized internal-use software, useful life		7 years
Minimum
Significant Accounting Policies [Line Items]
Accounts reviewed for collectability, days past due from invoice date		150 days
Capitalized internal-use software, useful life		5 years
Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Extinguishment of Debt, Amount	$ 241,900,000
Common stock, shares issued (shares) | shares	13,400,000
Long-term Debt, Gross	$ 51,200,000
Stockholders' Equity Note, Stock Split, Conversion Ratio	50
New Cash Proceeds [Member] | Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Long-term Debt, Gross	$ 30,000,000
Cash Proceeds For Supporting Term Lenders [Member] | Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Long-term Debt, Gross	20,000,000
Cash Proceeds For Non-Supporting Term Lenders [Member] | Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Long-term Debt, Gross	$ 1,200,000
Warrants - Series 1 [Member] | Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Class of Warrant or Right, Outstanding | shares	1,669,730
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 19.23
Warrants - Series 2 [Member] | Subsequent Event [Member]
Significant Accounting Policies [Line Items]
Class of Warrant or Right, Outstanding | shares	1,252,297
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 28.85

Organization and Summary of S_5

Organization and Summary of Significant Accounting Policies - Estimated Useful Lives of Asset Classes (Detail)	12 Months Ended
	Dec. 31, 2019
Well Service Rigs And Components | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	3 years
Well Service Rigs And Components | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	15 years
Oilfield Trucks, Vehicles And Related Equipment | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	4 years
Oilfield Trucks, Vehicles And Related Equipment | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	7 years
Fishing and rental tools, coiled tubing units and equipment, tubulars and pressure control equipment | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	3 years
Fishing and rental tools, coiled tubing units and equipment, tubulars and pressure control equipment | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	10 years
Disposal Wells | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	15 years
Disposal Wells | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	15 years
Furniture and equipment | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	3 years
Furniture and equipment | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	7 years
Building and Improvements | Minimum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	15 years
Building and Improvements | Maximum
Property, Plant and Equipment [Line Items]
Property plant and equipment, useful life	30 years

Other Balance Sheet Informati_3

Other Balance Sheet Information - Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Other current assets:
Prepaid current assets	$ 13,118	$ 11,207
Reinsurance receivable	6,475	6,365
Operating lease right-of-use assets	2,394	0
Other	273	501
Total	$ 22,260	$ 18,073

Other Balance Sheet Informati_4

Other Balance Sheet Information - Other-Non Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Other non-current assets:
Reinsurance receivable	$ 6,887	$ 6,743
Deposits	8,689	1,309
Operating lease right-of-use assets	2,404	0
Other	386	510
Total	$ 18,366	$ 8,562

Other Balance Sheet Informati_5

Other Balance Sheet Information - Other Current Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Other current liabilities:
Accrued payroll, taxes and employee benefits	$ 14,463	$ 19,346
Accrued operating expenditures	12,919	15,861
Income, sales, use and other taxes	5,115	8,911
Self-insurance reserves	25,366	25,358
Accrued interest	15,476	7,105
Accrued insurance premiums	4,990	5,651
Unsettled legal claims	7,020	4,356
Accrued severance	2,636	83
Operating leases	2,502	0
Other	228	706
Total	$ 90,715	$ 87,377

Other Balance Sheet Informati_6

Other Balance Sheet Information - Other Non-Current Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Other non-current liabilities:
Asset retirement obligations	$ 9,035	$ 9,018
Environmental liabilities	2,047	2,227
Accrued sales, use and other taxes	17,005	17,024
Operating leases	2,590	0
Other	33	67
Total	$ 30,710	$ 28,336

Other Income, Net (Detail)

Other Income, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Income, Net [Line Items]
Interest income	$ (723)	$ (820)	$ (711)
Other	(1,293)	(1,534)	(6,476)
Total	$ (2,016)	$ (2,354)	$ (7,187)

Allowance for Doubtful Accoun_3

Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 1,056	$ 875	$ 168
Charged to Expense	912	286	1,420
Deductions	(1,087)	(105)	(713)
Balance at End of Period	$ 881	$ 1,056	$ 875

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 432,917	$ 439,043
Accumulated depreciation	(205,352)	(163,333)
Property and equipment, net	227,565	275,710
Oilfield service equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	286,345	284,943
Disposal Wells
Property, Plant and Equipment [Line Items]
Property and equipment, gross	41,127	30,863
Motor vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	11,416	44,286
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	31,216	6,469
Buildings and land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	60,097	65,328
Work in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	956	7,154
Right-of-use assets under finance leases
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,760	$ 0

Intangible Assets - Other Intan

Intangible Assets - Other Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Intangible Assets [Line Items]
Gross carrying value	$ 520	$ 520
Accumulated amortization	(173)	(116)
Net carrying value	$ 347	$ 404

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense for Intangible Assets with Determinable Lives (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets [Line Items]
Intangible asset amortization expense	$ 0.1	$ 0.1	$ 0.1

Intangible Assets - Weighted Av

Intangible Assets - Weighted Average Remaining Amortization Periods and Expected Amortization Expense for the Next Five Years for Intangible Assets (Detail) - Patents, trademarks and tradename $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Intangible Assets [Line Items]
Weighted Average Remaining Amortization Period	6 years
2020	$ 58
2021	58
2022	58
2023	58
2024	$ 58

Earnings Per Share (Detail)

Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2019	[1]	Sep. 30, 2019	[1]	Jun. 30, 2019	[1]	Mar. 31, 2019	[1]	Dec. 31, 2018	[1]	Sep. 30, 2018	[1]	Jun. 30, 2018	[1]	Mar. 31, 2018	[1]	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Numerator
NET LOSS																	$ (97,418)	$ (88,796)	$ (120,589)
Denominator
Basic and diluted (shares)																	408	405	402
Basic and Diluted (usd per share)	$ (73.62)		$ (62.32)		$ (44.86)		$ (57.59)		$ 56.84		$ (58.91)		$ (41.72)		$ (61.79)		$ (238.77)	$ (219.25)	$ (299.97)
Anti-dilutive securities excluded from diluted earnings per share calculation																	75	64	87
Restricted Stock Units (RSUs)
Denominator
Anti-dilutive securities excluded from diluted earnings per share calculation																	37	24	36
Stock Option
Denominator
Anti-dilutive securities excluded from diluted earnings per share calculation																	1	3	14
Warrant [Member]
Denominator
Anti-dilutive securities excluded from diluted earnings per share calculation																	37	37	37
[1]	Quarterly earnings per common share are based on the weighted average number of shares outstanding during the quarter, and the sum of the quarters may not equal annual earnings per common share.

Asset Retirement Obligations -

Asset Retirement Obligations - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accretion expense	$ 168	$ 164	$ 221

Asset Retirement Obligations _2

Asset Retirement Obligations - Summary of Changes in Asset Retirement Obligations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Beginning balance	$ 9,018	$ 8,931	$ 9,069
Additions		340	36
Costs incurred	(151)	(417)	(147)
Accretion expense	168	164	221
Disposals			(248)
Ending balance	$ 9,035	$ 9,018	$ 8,931

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	11 Months Ended	12 Months Ended
	Dec. 15, 2016	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Income tax benefit computed at Federal statutory rate		21.00%	21.00%	35.00%
2017TaxReformNewFederalIncomeTaxRate			21.00%
Deferred Tax Assets, Net of Valuation Allowance		$ 17,903	$ 25,848
Deferred Tax Liabilities, Gross, Noncurrent		17,903	25,848
Income tax payments		284	40	$ 0
Income tax refund		6,208	1,097	0
Net operating loss carryforwards	$ 518,800
Deferred Tax Assets, Gross		219,569	216,639
Capital loss carryforwards		$ 15,320	15,826
Capital Loss Carryforward, Expiration Date		Dec. 31, 2021
Deferred tax asset, valuation allowance		$ 201,666	190,791
Unrecognized tax benefits, if recognized, would impact effective tax rate		0	0	100
Net tax benefit for expirations of statutes of limitations		0	100	300
Cancellation Of Indebtedness Income	$ 295,800
Federal
Income Taxes [Line Items]
Income tax payments		0	0	0
Income tax refund		4,400	1,100	0
Net operating loss carryforwards		465,300	434,200	373,100
State
Income Taxes [Line Items]
Net operating loss carryforwards		453,400	$ 429,300	$ 485,600
Capital loss carryforwards		$ 73,000
State | Minimum
Income Taxes [Line Items]
Operating Loss Carryforwards, Expiration Date		Jan. 1, 2020
State | Maximum
Income Taxes [Line Items]
Operating Loss Carryforwards, Expiration Date		Dec. 31, 2039

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current income tax (expense) benefit:
Current income tax (expense) benefit, total	$ 3,975	$ 1,979	$ 1,667
Deferred income tax (expense) benefit:
Deferred income tax (expense) benefit, total	0	0	35
Total income tax (expense) benefit	$ 3,975	$ 1,979	$ 1,702

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense Computed by Applying the Statutory Federal Rate (Detail)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Effective Income Tax Rate Reconciliation [Line Items]
Income tax benefit computed at Federal statutory rate	21.00%	21.00%	35.00%
State taxes	(0.40%)	(0.20%)	0.00%
Meals and entertainment	(0.20%)	(0.40%)	(0.40%)
Foreign rate difference	0.00%	0.00%	0.40%
Non-taxable cancellation of debt income	0.00%	2.60%	0.00%
Penalties and other non-deductible expenses	(0.10%)	0.00%	0.00%
Change in valuation allowance	(20.40%)	(20.10%)	(33.80%)
Equity compensation	(0.40%)	(0.70%)	(1.00%)
U.S. tax reform - impact to deferred tax assets and liabilities	0.00%	0.00%	(67.40%)
U.S. tax reform - change in valuation allowance	0.00%	0.00%	67.40%
Other	4.40%	0.00%	1.20%
Effective income tax rate	3.90%	2.20%	1.40%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Net operating loss and tax credit carryforwards	$ 115,811	$ 113,230
Capital loss carryforwards	15,320	15,826
Foreign tax credit carryforward	17,095	17,095
Self-insurance reserves	8,619	8,581
Interest expense limitation	12,943	6,055
Accrued liabilities	9,842	9,213
Share-based compensation	507	1,221
Intangible assets	37,099	44,748
Other	2,333	670
Total deferred tax assets	219,569	216,639
Valuation allowance for deferred tax assets	(201,666)	(190,791)
Net deferred tax assets	17,903	25,848
Deferred tax liabilities:
Property and equipment	(16,817)	(25,848)
Other	(1,086)
Total deferred tax liabilities	(17,903)	(25,848)
Net deferred tax asset (liability), net of valuation allowance	$ 0	$ 0

Income Taxes - Liabilities for

Income Taxes - Liabilities for Uncertain Tax Positions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	$ 108	$ 360
Reductions for tax positions from prior years	(108)	(252)
Ending Balance	$ 108	$ 360	$ 0	$ 0

Long-Term Debt (Detail)

Long-Term Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Term Loan Facility due 2021	$ 243,125	$ 245,000
Unamortized debt issuance costs	(1,799)	(1,421)
Finance lease obligation	1,600	0
Total	242,926	243,579
Less current portion	(2,919)	(2,500)
Long-term debt	$ 240,007	$ 241,079

Long-Term Debt - ABL Facility (

Long-Term Debt - ABL Facility (Details) - ABL Facility [Member] - USD ($) $ in Millions	Mar. 06, 2020	Dec. 31, 2019
Line of Credit Facility [Line Items]
Line of Credit Facility, Borrowing Capacity, Description		The ABL Facility provides the ABL Borrowers with the ability to borrow up to an aggregate principal amount equal to the lesser of (i) the aggregate revolving commitments then in effect and (ii) the sum of  85% of the value of eligible accounts receivable plus (b) 80% of the value of eligible unbilled accounts receivable, subject to a limit equal to the greater of (x) $35 million and (y) 25% of the Commitments.
Debt Instrument, Description of Variable Rate Basis		Borrowings under the ABL Facility will bear interest, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.5% to 4.5% depending on the Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR, plus 1.0% plus (b) an applicable margin that varies from 1.50% to 3.50% depending on the Borrowers’ fixed charge coverage ratio at such time.
Line of Credit Facility, Maximum Borrowing Capacity		$ 100
Eligible Accounts Receivable for ABL Facility Borrowings		85.00%
Eligible Unbilled Accounts Receivable For ABL Facility Borrowings		80.00%
Maximum Eligible Unbilled Accounts Receivable For ABL Facility Borrowings		$ 35
Maximum Percent Of Commitment For ABL Facility Borrowings		25.00%
Long-term Line of Credit, Noncurrent		$ 0
Letters of Credit Outstanding, Amount		34.6
Line of Credit Facility, Remaining Borrowing Capacity		$ 11.9
Maximum
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		1.25%
Minimum
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		1.00%
Subsequent Event [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Description of Variable Rate Basis	Borrowings under the New ABL Facility will bear interest, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.75% to 3.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR plus 1.0% plus (b) an applicable margin that varies from 1.75% to 2.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time.
Line of Credit Facility, Maximum Borrowing Capacity	$ 70
Eligible Accounts Receivable for ABL Facility Borrowings	85.00%
Eligible Unbilled Accounts Receivable For ABL Facility Borrowings	80.00%
Maximum Eligible Unbilled Accounts Receivable For ABL Facility Borrowings	$ 30
Maximum Percent Of Commitment For ABL Facility Borrowings	25.00%
fixed charge coverage ratio	1
Long-term Line of Credit, Noncurrent	$ 0
Letters of Credit Outstanding, Amount	36.3
Line of Credit Facility, Remaining Borrowing Capacity	$ 13.6
Subsequent Event [Member] | Maximum
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.50%
Subsequent Event [Member] | Minimum
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.375%
Federal Funds rate, plus 0.50% [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
Federal Funds rate, plus 0.50% [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Federal Funds [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
Federal Funds [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
30-day LIBOR [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
30-day LIBOR [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Prime Rate [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
Prime Rate [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Prime Rate [Member] | Subsequent Event [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Prime Rate [Member] | Subsequent Event [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
London Interbank Offered Rate (LIBOR) [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		4.50%
London Interbank Offered Rate (LIBOR) [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.50%
London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.25%
London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.75%
30-day LIBOR, plus 1.0% [Member] | Maximum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
30-day LIBOR, plus 1.0% [Member] | Minimum
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%

Long-Term Debt - Term Loan Faci

Long-Term Debt - Term Loan Facility (Details) - USD ($)	Mar. 06, 2020	Dec. 31, 2019	Dec. 15, 2016
Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis		Borrowings under the Term Loan Facility will bear interest, at the Company’s option, at a per annum rate equal to (i) LIBOR for one, two, three, six, or, with the consent of the Term Loan Lenders, 12 months, plus 10.25% or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the Federal Funds rate, plus 0.50% and (z) 30-day LIBOR, plus 1.0%  plus (b) 9.25%.
Long-term Debt, Gross			$ 250,000,000
Long-term Debt, Weighted Average Interest Rate, at Point in Time		13.11%
Federal Funds rate, plus 0.50% [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		9.25%
London Interbank Offered Rate (LIBOR) [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		10.25%
Federal Funds [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
30-day LIBOR [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Prime Rate [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		9.25%
30-day LIBOR, plus 1.0% [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		9.25%
ABL Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis		Borrowings under the ABL Facility will bear interest, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.5% to 4.5% depending on the Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR, plus 1.0% plus (b) an applicable margin that varies from 1.50% to 3.50% depending on the Borrowers’ fixed charge coverage ratio at such time.
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000,000
Eligible Accounts Receivable for ABL Facility Borrowings		85.00%
Eligible Unbilled Accounts Receivable For ABL Facility Borrowings		80.00%
Maximum Eligible Unbilled Accounts Receivable For ABL Facility Borrowings		$ 35,000,000
Maximum Percent Of Commitment For ABL Facility Borrowings		25.00%
Letters of Credit Outstanding, Amount		$ 34,600,000
Line of Credit Facility, Remaining Borrowing Capacity		11,900,000
Long-term Line of Credit, Noncurrent		$ 0
ABL Facility [Member] | Minimum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		1.00%
ABL Facility [Member] | Maximum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		1.25%
ABL Facility [Member] | Federal Funds rate, plus 0.50% [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
ABL Facility [Member] | Federal Funds rate, plus 0.50% [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
ABL Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.50%
ABL Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		4.50%
ABL Facility [Member] | Federal Funds [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
ABL Facility [Member] | 30-day LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
ABL Facility [Member] | Prime Rate [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
ABL Facility [Member] | Prime Rate [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
ABL Facility [Member] | 30-day LIBOR, plus 1.0% [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
ABL Facility [Member] | 30-day LIBOR, plus 1.0% [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.50%
Subsequent Event [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 51,200,000
Debt Payment At Maturity	1,190,625
Subsequent Event [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Payment Terms	$ 3,125
Subsequent Event [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	10.25%
Interest Rate For Option In Kind Interest Payments	12.25%
Subsequent Event [Member] | ABL Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	Borrowings under the New ABL Facility will bear interest, at the ABL Borrowers’ option, at a per annum rate equal to (i) LIBOR for 30, 60, 90, 180, or, with the consent of the ABL Lenders, 360 days, plus an applicable margin that varies from 2.75% to 3.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time or (ii) a base rate equal to the sum of (a) the greatest of (x) the prime rate, (y) the federal funds rate, plus 0.50% or (z) 30-day LIBOR plus 1.0% plus (b) an applicable margin that varies from 1.75% to 2.25% depending on the ABL Borrowers’ fixed charge coverage ratio at such time.
Line of Credit Facility, Maximum Borrowing Capacity	$ 70,000,000
Eligible Accounts Receivable for ABL Facility Borrowings	85.00%
Eligible Unbilled Accounts Receivable For ABL Facility Borrowings	80.00%
Maximum Eligible Unbilled Accounts Receivable For ABL Facility Borrowings	$ 30,000,000
Maximum Percent Of Commitment For ABL Facility Borrowings	25.00%
Letters of Credit Outstanding, Amount	$ 36,300,000
Line of Credit Facility, Remaining Borrowing Capacity	13,600,000
Long-term Line of Credit, Noncurrent	$ 0
Subsequent Event [Member] | ABL Facility [Member] | Minimum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.375%
Subsequent Event [Member] | ABL Facility [Member] | Maximum
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.50%
Subsequent Event [Member] | ABL Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Subsequent Event [Member] | ABL Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.25%
Subsequent Event [Member] | ABL Facility [Member] | Federal Funds [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Subsequent Event [Member] | ABL Facility [Member] | 30-day LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Subsequent Event [Member] | ABL Facility [Member] | Prime Rate [Member] | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Subsequent Event [Member] | ABL Facility [Member] | Prime Rate [Member] | Maximum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Cash Proceeds For Supporting Term Lenders [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 20,000,000
New Cash Proceeds [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	30,000,000
Cash Proceeds For Non-Supporting Term Lenders [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,200,000

Long-Term Debt - Schedule of Re

Long-Term Debt - Schedule of Repayment Requirements of Long-Term Debt (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Debt Disclosure [Abstract]
2020	$ 2,500
2021	240,625
Total long-term debt	$ 243,125

Long-Term Debt - Interest Expen

Long-Term Debt - Interest Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest Expense [Line Items]
Cash payments	$ 34,129	$ 32,718	$ 30,397
Commitment and agency fees paid	608	969	924
Amortization of deferred financing costs	433	476	476
Leases	353
Net interest expense	$ 35,523	$ 34,163	$ 31,797

Long-Term Debt - Summary of Def

Long-Term Debt - Summary of Deferred Financing Costs Including Cost Capitalized, Amortized, and Written Off in Determination of Loss on Extinguishment of Debt (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Deferred Finance Costs [Roll Forward]
Beginning Balance	$ 1,421	$ 1,897	$ 2,023
Capitalized costs	811	0	350
Amortization of deferred financing costs	(433)	(476)	(476)
Ending Balance	$ 1,799	$ 1,421	$ 1,897

Commitments and Contingencies -

Commitments and Contingencies - Future Minimum Lease Payments Under Non-Cancelable Operating Leases (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
2020	$ 5,013
2021	3,358
2022	1,934
2023	1,868
2024	1,489
Thereafter	1,311
Total	$ 14,973

Commitments and Contingencies_3

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Commitments and Contingencies Disclosure [Line Items]
Operating lease expense	$ 4,600	$ 4,800	$ 6,400
Aggregate amount of contingent litigation liabilities	7,000	4,400
Maximum Vehicular Liability Claim Deductible	5,000
Maximum General Liability Claim Deductible	2,000
Maximum Workers Compensation Claim Deductible	1,000
Self-insurance liabilities related to workers' compensation, vehicular liabilities, and general liability claims recorded	51,400	50,100
Insurance receivables which partially offset self-insurance liabilities	13,400	13,100
Environmental liabilities	$ 2,047	$ 2,227

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Percentage of employee contributions matched	100.00%
Percentage of employee's salary matched, maximum	4.00%
Defined contribution plan, maximum annual contributions per employee, amount	$ 11,200	$ 11,000	$ 10,800
Matching contributions	$ 4,500,000	$ 0	$ 0

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Stockholders' Equity Note [Abstract]
Preferred stock, shares authorized (shares)	10,000,000
Common stock, shares authorized (shares)	2,000,000	2,000,000
Common stock, par value (usd per share)	$ 0.50	$ 0.5
Common stock, shares outstanding (shares)	410,990	407,264
Common stock, shares issued (shares)	410,990	407,264
Restricted common stock, shares repurchased (shares)	826	968	1,127
Restricted common stock, aggregate cost	$ 0.1	$ 0.3	$ 0.7

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) shares in Millions	Dec. 31, 2019shares
2014 Equity and Cash Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under Incentive Plan (shares)	1.2

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Options
Beginning Balance (shares)	1
Granted (shares)	0
Exercised (shares)	0
Cancelled or expired (shares)	0
Ending Balance (shares)	1	1
Exercisable at end of period (shares)	1
Weighted Average Exercise Price
Beginning Balance (usd per share)	$ 1,746
Granted (usd per share)	0
Exercised (usd per share)	0
Cancelled or expired (usd per share)	1,912.32
Ending Balance (usd per share)	1,683.50	$ 1,746
Exercisable at end of period (usd per share)	1,683.50
Weighted Average Fair Value
Beginning Balance (usd per share)	541
Granted (usd per share)	0
Exercised (usd per share)	0
Cancelled or expired (usd per share)	666.47
Ending Balance (usd per share)	493.79	$ 541
Exercisable at end of period (usd per share)	$ 493.79
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value	$ 0	$ 0	$ 1.7
Allocated Share-based Compensation Expense	$ 0	$ 0	$ 1.8
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	7 years

Share-Based Compensation - Su_2

Share-Based Compensation - Summary of Common Share Awards Issued (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 1
Allocated Share-based Compensation Expense	$ 0.7	$ 5.9	$ 5.7
Outstanding
Shares at beginning of period (shares)	15
Awards granted during period (shares)	28
Previously issued shares vesting during period (shares)	(5)
Shares cancelled during period (shares)	(25)
Shares at end of period (shares)	14	15
Weighted Average Issuance Price
Shares at beginning of period (usd per share)	$ 626
Shares issued during period (usd per share)	111.84	$ 687	$ 618.50
Previously issued shares vesting during period (usd per share)	447.13
Shares cancelled during period (usd per share)	285.38
Shares at end of period (usd per share)	$ 235.03	$ 626
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value	$ 2	$ 2.3	$ 6.2
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	10 months 24 days
Phantom Share Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 0
Allocated Share-based Compensation Expense	$ 0.1	$ 0.3	$ 0
Weighted Average Issuance Price
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Noncash investing and financing activities:
Cash paid for interest	$ 34,129	$ 32,718	$ 30,397
Cash paid for taxes	284	40	0
Income tax refund	$ 6,208	$ 1,097	$ 0

Segment Information (Detail)

Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenues		$ 85,115	$ 106,523	$ 112,943	$ 109,273	$ 117,253	$ 134,721	$ 144,405	$ 125,316	$ 413,854	$ 521,695	$ 436,165
Intersegment revenues										0	0	0
Depreciation and amortization										56,969	82,639	84,542
Impairment expense										0	0	187
Other operating expenses										424,771	498,022	447,616
Operating income (loss)										(67,886)	(58,966)	(96,180)
Reorganization items, net										0	0	1,501
Interest expense, net of amounts capitalized										35,523	34,163	31,797
Income (loss) before tax										(101,393)	(90,775)	(122,291)
Long-lived assets		246,278				284,676				246,278	284,676	342,318	[1]
Total assets		347,870				443,174				347,870	443,174	529,121
Capital expenditures										(18,302)	(37,535)	(16,079)
Rig Services
Segment Reporting Information [Line Items]
Revenues										250,532	296,969	248,830
Intersegment revenues										478	710	325
Depreciation and amortization										24,037	31,519	31,493
Impairment expense												0
Other operating expenses										210,633	245,898	220,957
Operating income (loss)										15,862	19,552	(3,620)
Reorganization items, net												0
Interest expense, net of amounts capitalized										105	0	0
Income (loss) before tax										15,817	19,689	(3,449)
Long-lived assets		118,013				141,469				118,013	141,469	160,170	[1]
Total assets		156,552				192,376				156,552	192,376	287,856
Capital expenditures										(4,237)	(18,126)	(8,375)
Fishing And Rental Services
Segment Reporting Information [Line Items]
Revenues										54,511	64,691	59,172
Intersegment revenues										1,623	2,465	1,218
Depreciation and amortization										16,212	23,361	23,454
Impairment expense												0
Other operating expenses										45,782	49,983	28,212
Operating income (loss)										(7,483)	(8,653)	7,506
Reorganization items, net												0
Interest expense, net of amounts capitalized										27	0	0
Income (loss) before tax										(7,497)	(8,622)	7,748
Long-lived assets		37,915				50,629				37,915	50,629	63,340	[1]
Total assets		48,142				65,711				48,142	65,711	360,581
Capital expenditures										(2,801)	(3,671)	(741)
Coiled Tubing Services
Segment Reporting Information [Line Items]
Revenues										37,964	71,013	41,866
Intersegment revenues										0	48	60
Depreciation and amortization										5,276	5,223	5,187
Impairment expense												0
Other operating expenses										36,529	60,594	35,048
Operating income (loss)										(3,841)	5,196	1,631
Reorganization items, net												0
Interest expense, net of amounts capitalized										55	0	0
Income (loss) before tax										(3,893)	5,201	1,643
Long-lived assets		16,443				17,274				16,443	17,274	19,064	[1]
Total assets		22,523				27,283				22,523	27,283	41,523
Capital expenditures										(4,494)	(4,872)	(886)
Fluid Management Services
Segment Reporting Information [Line Items]
Revenues										70,847	89,022	80,726
Intersegment revenues										147	1,101	3,181
Depreciation and amortization										8,856	20,091	21,917
Impairment expense												0
Other operating expenses										61,578	77,781	78,341
Operating income (loss)										413	(8,850)	(19,532)
Reorganization items, net												0
Interest expense, net of amounts capitalized										45	0	0
Income (loss) before tax										390	(8,773)	(19,537)
Long-lived assets		44,607				55,263				44,607	55,263	74,591	[1]
Total assets		54,927				70,003				54,927	70,003	(985)
Capital expenditures										(2,146)	(2,907)	(3,288)
International
Segment Reporting Information [Line Items]
Revenues										0	0	5,571
Intersegment revenues												0
Depreciation and amortization												791
Impairment expense												187
Other operating expenses												9,586
Operating income (loss)												(4,993)
Reorganization items, net												0
Interest expense, net of amounts capitalized												0
Income (loss) before tax												(298)
Long-lived assets	[1]											7
Total assets												9,473
Capital expenditures												(475)
Other Segments [Member]
Segment Reporting Information [Line Items]
Revenues	[2]									0	0	0
Intersegment revenues	[2]									0	0	0
Depreciation and amortization	[2]									2,588	2,445	1,700
Impairment expense	[2]											0
Other operating expenses	[2]									70,249	63,766	75,472
Operating income (loss)	[2]									(72,837)	(66,211)	(77,172)
Reorganization items, net	[2]											1,501
Interest expense, net of amounts capitalized	[2]									35,291	34,163	31,797
Income (loss) before tax	[2]									(106,210)	(98,270)	(108,398)
Long-lived assets	[2]	28,957				19,637				28,957	19,637	122,965	[1]
Total assets	[2]	55,957				80,507				55,957	80,507	513,393
Capital expenditures	[2]									(4,624)	(7,959)	(2,314)
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues										0	0	0
Intersegment revenues										(2,248)	(4,324)	(4,784)
Depreciation and amortization										0	0	0
Impairment expense												0
Other operating expenses										0	0	0
Operating income (loss)										0	0	0
Reorganization items, net												0
Interest expense, net of amounts capitalized										0	0	0
Income (loss) before tax										0	0	0
Long-lived assets		343				404				343	404	(97,819)	[1]
Total assets		$ 9,769				$ 7,294				9,769	7,294	(682,720)
Capital expenditures										$ 0	$ 0	$ 0
[1]	Long-lived assets include: fixed assets, goodwill, intangibles and other assets.
[2]	.

Unaudited Quarterly Results o_3

Unaudited Quarterly Results of Operations - Summarized Quarterly Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2019		Sep. 30, 2019		Jun. 30, 2019		Mar. 31, 2019		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 85,115		$ 106,523		$ 112,943		$ 109,273		$ 117,253		$ 134,721		$ 144,405		$ 125,316		$ 413,854	$ 521,695	$ 436,165
Direct operating expenses	66,748		87,956		90,564		88,194		92,335		106,103		109,747		98,211		333,462	406,396	332,332
Net loss	$ (30,185)		$ (25,489)		$ (18,303)		$ (23,441)		$ (23,078)		$ (23,860)		$ (16,895)		$ (24,963)		$ (97,418)	$ (88,796)	$ (120,589)
Earnings (loss) per share:
Basic and Diluted (usd per share)	$ (73.62)	[1]	$ (62.32)	[1]	$ (44.86)	[1]	$ (57.59)	[1]	$ 56.84	[1]	$ (58.91)	[1]	$ (41.72)	[1]	$ (61.79)	[1]	$ (238.77)	$ (219.25)	$ (299.97)
[1]	Quarterly earnings per common share are based on the weighted average number of shares outstanding during the quarter, and the sum of the quarters may not equal annual earnings per common share.

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Lease, Cost	$ 3,000
Operating Lease, Weighted Average Remaining Lease Term	2 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	5.90%
Finance Lease, Interest Expense	$ 200	$ 0	$ 0
Finance Lease, Weighted Average Remaining Lease Term	3 years 7 months 6 days
Finance Lease, Weighted Average Discount Rate, Percent	4.80%
Operating lease right-of-use assets, current portion	$ 2,394	0
Operating lease right-of-use assets, non-current portion	2,404	0
Total operating lease assets	4,798
Operating lease liabilities, current portion	2,502	0
Operating lease liabilities, non-current portion	2,590	0
Total operating lease liabilities	5,092
Finance lease, at cost	1,760
Finance less - accumulated depreciation	183
Finance Lease, net accumulated depreciation	1,577
Finance Lease, Liability, Current	419
Finance Lease, Liability, Noncurrent	1,181
Finance lease obligation	1,600	$ 0
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	2,719
Lessee, Operating Lease, Liability, Payments, Due Year Two	1,552
Lessee, Operating Lease, Liability, Payments, Due Year Three	519
Lessee, Operating Lease, Liability, Payments, Due Year Four	493
Lessee, Operating Lease, Liability, Payments, Due Year Five	188
Lessee, Operating Lease, Liability, Payments, Due	5,471
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(379)
Finance Lease, Liability, Payments, Remainder of Fiscal Year	485
Finance Lease, Liability, Payments, Due Year Two	485
Finance Lease, Liability, Payments, Due Year Three	485
Finance Lease, Liability, Payments, Due Year Four	282
Finance Lease, Liability, Payments, Due Year Five	0
Finance Lease, Liability, Payments, Due	1,737
Finance Lease, Liability, Undiscounted Excess Amount	$ (137)
Minimum
Lessee, Operating Lease, Term of Contract	1 year
Lessee, Operating Lease, Renewal Term	1 year
Maximum
Lessee, Operating Lease, Term of Contract	5 years
Lessee, Operating Lease, Renewal Term	5 years