Superior Energy Services 10-Q 2 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	1-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Superior Energy Services Inc	'
Entity Central Index Key	'0000886835	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	156,599,118
Entity Well-known Seasoned Issuer	'Yes	'
Trading Symbol	'spn	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$145,848	$196,047
Accounts receivable, net of allowance for doubtful accounts of $17,392 and $17,484 at June 30, 2012 and December 31, 2011, respectively	906,235	937,195
Deferred Tax Assets, Net, Current	6,367	8,785
Income tax receivable	'	5,532
Prepaid expenses	69,031	70,421
Inventory and other current assets	202,027	258,449
Assets Held-for-sale, at Carrying Value	321,484	'
Total current assets	1,650,992	1,476,429
Property, plant and equipment, net of accumulated depreciation and depletion of $984,221 and $970,137 at June 30, 2012 and December 31, 2011, respectively	2,779,345	3,002,194
Goodwill	2,458,409	2,458,109
Notes receivable	24,073	23,708
Intangible and other long-term assets, net of accumulated amortization of $26,174 and $20,123 at June 30, 2012 and December 31, 2011, respectively	435,209	450,867
Total assets	7,348,028	7,411,307
Current liabilities:	'	'
Accounts payable	205,029	216,029
Accrued expenses	310,282	376,049
Income taxes payable	3,034	'
Current portion of decommissioning liabilities	27,322	27,322
Current maturities of long-term debt	20,000	20,000
Total current liabilities	650,120	639,400
Liabilities of Assets Held-for-sale	84,453	'
Deferred income taxes	734,842	736,080
Decommissioning liabilities	57,330	56,197
Long-term debt, net	1,641,242	1,646,535
Other long-term liabilities	168,816	201,651
Stockholders' equity:	'	'
Preferred stock of $0.01 par value. Authorized, 5,000,000 shares; none issued	'	'
Common stock of $0.001 par value. Authorized - 250,000,000, Issued - 156,920,904, Outstanding - 157,516,128 at June 30, 2012 Authorized - 125,000,000, Issued and Outstanding, 82,425,443 at December 31, 2011	157	159
Additional paid in capital	2,799,885	2,873,579
Accumulated other comprehensive loss, net	-16,109	-17,500
Retained earnings	1,311,745	1,275,206
Total stockholders' equity	4,095,678	4,131,444
Total liabilities and stockholders' equity	$7,348,028	$7,411,307

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Consolidated Balance Sheets [Abstract]	'	'
Allowance for doubtful accounts	$27,822	$31,030
Accumulated depreciation and depletion on Property, plant and equipment	1,913,531	1,827,011
Accumulated amortization of Intangible and other long-term assets	$93,163	$84,567
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	157,021,329	158,976,784
Common stock, shares outstanding	157,089,128	159,158,022

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Condensed Consolidated Statements of Operations [Abstract]	'	'
Revenues	$1,061,418	$1,086,872
Costs and expenses:	'	'
Cost of services (exclusive of items shown separately below)	651,605	651,594
Depreciation, depletion, amortization and accretion	162,318	144,964
General and administrative expenses	155,919	145,896
Income from operations	91,576	144,418
Other income (expense):	'	'
Interest expense, net	-23,881	-28,261
Other Nonoperating Income (Expense)	-35	4,575
Income from continuing operations before income taxes	67,660	120,732
Income taxes	25,034	40,114
Net income (loss) from continuing operations	42,626	80,618
Income (loss) from discontinued operations, net of tax	-5,954	-16,891
Net income	$36,672	$63,727
Earnings per share information:	'	'
Continuing operations	$0.27	$0.51
Discontinued operations	($0.04)	($0.11)
Basic earnings per share	$0.23	$0.40
Continuing operations	$0.27	$0.51
Discontinued operations	($0.04)	($0.11)
Diluted earnings per share	$0.23	$0.40
Common Stock, Dividends, Per Share, Cash Paid	$0.08	'
Weighted average common shares used in computing earnings per share:	'	'
Basic	158,212	158,946
Incremental common shares from stock based compensation	2,700	1,487
Diluted	160,912	160,433

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Consolidated Statement of Comprehensive Income [Abstract]	'	'
Net income	$36,672	$63,727
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	64	-988
Change in cumulative translation adjustment	1,327	-11,362
Comprehensive income	$38,063	$51,377

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Net income	$36,672	$63,727
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation, depletion, amortization and accretion	165,288	149,634
Deferred income taxes	6,495	19,724
Stock based and performance share unit compensation expense	11,116	7,979
Amortization of debt acquisition costs and note discount	2,071	2,394
Other reconciling items, net	-7,593	-585
Changes in operating assets and liabilities, net of acquisitions and dispositions:	'	'
Accounts receivable	-5,035	17,343
Inventory and other current assets	-605	-26,431
Accounts payable	7,498	3,327
Accrued expenses	-8,485	-11,504
Income taxes	8,603	-115,007
Other, net	-8,085	26,120
Net Cash Provided by (Used in) Operating Activities, Total	207,940	136,721
Cash flows from investing activities:	'	'
Payments for capital expenditures	-159,768	-157,715
Acquisitions of businesses, net of cash acquired	-2,079	-23,797
Other	2,974	305
Net Cash Provided by (Used in) Investing Activities, Total	-158,873	-181,207
Cash flows from financing activities:	'	'
Principal payments of long-term debt	-5,000	-5,000
Payments of Ordinary Dividends, Common Stock	12,689	'
Proceeds from exercise of stock options	5,047	5,100
Payments for purchase and retirement of Common Stock	-82,291	'
Other	-4,298	-2,165
Net Cash Provided by (Used in) Financing Activities, Total	-99,231	32,935
Repayments of Long-term Lines of Credit	-5,624	-161,350
Proceeds from Long-term Lines of Credit	5,624	196,350
Effect of exchange rate changes on cash	-35	-2,573
Net increase in cash and cash equivalents	-50,199	-14,124
Cash and cash equivalents at beginning of period	196,047	91,199
Cash and cash equivalents at end of period	$145,848	$77,075

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
	(1)Basis of Presentation
	Certain information and footnote disclosures normally in financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission; however, management believes the disclosures that are made are adequate to make the information presented not misleading.  These financial statements and notes should be read in conjunction with the consolidated financial statements and notes thereto included in Superior Energy Services, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2013, and Management’s Discussion and Analysis of Financial Condition and Results of Operations herein.
	The financial information of Superior Energy Services, Inc. and subsidiaries (the Company) for the three months ended March 31, 2014 and 2013 has not been audited.  However, in the opinion of management, all adjustments necessary to present fairly the results of operations for the periods presented have been included therein.  The results of operations for the first three months of the year are not necessarily indicative of the results of operations that might be expected for the entire year.  Certain previously reported amounts have been reclassified to conform to the 2014 presentation.
	Due to the nature of the Company’s business, the Company is involved, from time to time, in routine litigation or subject to disputes or claims regarding its business activities. Legal costs related to these matters are expensed as incurred.  In management’s opinion, none of the pending litigation, disputes or claims is expected to have a material adverse effect on the Company’s financial condition, results of operations or liquidity.
	The Company evaluates events that occur after the balance sheet date but before the financial statements are issued for potential recognition or disclosure.  Based on the evaluation, the Company determined that there were no material subsequent events for recognition or disclosure other than those disclosed herein.

Dispositions

Dispositions	3 Months Ended
	Mar. 31, 2014
Dispositions [Abstract]	'
Dispositions	'
	(2)Discontinued Operations
	During the first quarter of 2014, the Company conducted a strategic review and analysis of its subsea construction business.  As of March 31, 2014, the Company was committed to sell its subsea construction business, which is expected to be completed within a year.
	During the first quarter of 2014, the Company also made a decision to discontinue its conventional decommissioning business.  As of March 31, 2014, the Company was committed to sell the assets and exit that business.  The disposition of the assets is expected to be completed within a year.
	The subsea construction and conventional decommissioning businesses were included in the Technical Solutions segment, formerly referred to as the Subsea and Technical Solutions segment.  As of March 31, 2014, the assets and liabilities of these businesses were classified as held for sale.  For the three months ended March 31, 2014 and 2013, the results of operations of these businesses were reported as discontinued operations in the consolidated statements of operations.
	The following summarizes certain financial information of the businesses reported as discontinued operations (in thousands):
		Three Months Ended March 31,
		2014		2013
	Revenues	$	39,002	$	48,607
	Loss from discontinued operations, net of  tax benefit of $2,758 and
	$2,687, respectively		-5,954		-16,891
	The following summarizes the assets and liabilities related to the discontinued operations (in thousands):
		31-Mar-14		31-Dec-13
	Accounts receivable, net	$	30,351	$	26,858
	Prepaid expenses		7,848		8,164
	Inventory and other current assets		64,577		63,618
	Current assets	$	102,776	$	98,640
	Property, plant and equipment, net		213,893		217,089
	Intangible and other long-term assets, net		4,815		4,854
	Long-term assets	$	218,708	$	221,943
	Accounts payable	$	16,121	$	13,449
	Accrued expenses		48,025		52,133
	Current liabilities	$	64,146	$	65,582
	Other long-term liabilities	$	20,307	$	21,801
	Assets and liabilities held for sale include a capital lease for a dynamically positioned subsea vessel.  The amount of the asset and liability under this capital lease is recorded at the present value of the lease payments.  The vessel’s gross asset value under the capital lease was approximately $37.6 million at inception and accumulated depreciation through March 31, 2014 and December 31, 2013 was approximately $17.4 million and $16.4 million, respectively.  As of March 31, 2014,  $20.3 million of other long-term liabilities and $4.3 million of accounts payable related to this capital lease were included in the liabilities held for sale.  As of December 31, 2013,  $21.4 million was included in other long-term liabilities and $4.2 million was included in accounts payable related to this capital lease.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2014
Acquisitions [Abstract]	'
Acquisitions	'
	(3)Acquisitions
	In March 2013, the Company acquired 100% of the equity interest in a company that provides cementing services to oil and gas companies in Colombia.  The Company paid approximately $20.4 million at closing and repaid $3.0 million of the acquired company’s debt.  During the three months ended March 31, 2014, the Company paid $2.1 million as a result of a post-closing process to reconcile the net working capital of the acquired company and settlement of certain liabilities.  The Company will pay up to an additional $1.7 million over the next twelve months, subject to the settlement of certain liabilities.  Goodwill of approximately $15.1 million was recognized as a result of this acquisition and was calculated as the excess of the consideration paid over the net assets recognized and represents estimated future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. None of the goodwill related to this acquisition will be deductible for tax purposes. All of the goodwill was assigned to the Production Services segment.

Accelerated_Share_Repurchases

Accelerated Share Repurchases	3 Months Ended
	Mar. 31, 2014
Accelerated Share Repurchase Program [Abstract]	'
Accelerated Share Repurchases Program [Text Block]	'
	(4)Accelerated Share Repurchase Program
	In March 2014, the Company entered into an accelerated share repurchase program with a third-party financial institution to purchase $75.0 million of the Company’s outstanding common stock.  The Company paid $75.0 million and received and retired an initial delivery of 1,899,055 shares, estimated to be approximately 75% of the total number of shares to be repurchased under the agreement.  The value of the initial shares received on the date of purchase was $56.3 million, reflecting a $29.62 price per share. The Company recorded the remaining $18.7 million as a forward contract indexed to its own common stock in additional paid-in capital.  In April 2014, the accelerated share repurchase program was completed and the Company received and retired 633,485 additional shares.

Stock_Based_Compensation_and_R

Stock Based Compensation and Retirement Plans	3 Months Ended
	Mar. 31, 2014
Stock Based Compensation and Retirement Plans [Abstract]	'
Stock Based Compensation and Retirement Plans	'
	(6)Stock-Based Compensation Plans
	The Company maintains various stock incentive plans that provide long-term incentives to the Company’s key employees, including officers, directors, consultants and advisors (Eligible Participants).  Under the stock incentive plans, the Company may grant incentive stock options, non-qualified stock options, restricted stock, restricted stock units, stock appreciation rights, other stock-based awards or any combination thereof to Eligible Participants.  The Company’s total compensation expense related to these plans was approximately $11.4 million and $9.0 million for the three months ended March 31, 2014 and 2013, respectively, which is reflected in general and administrative expenses.

Inventory_and_Other_Current_As

Inventory and Other Current Assets	3 Months Ended
	Mar. 31, 2014
Inventory and Other Current Assets [Abstract]	'
Inventory and Other Current Assets	'
	(7)Inventory and Other Current Assets
	Inventory and other current assets includes approximately $169.0 million and $162.9 million of inventory as of March 31, 2014 and December 31, 2013, respectively.    Inventories are stated at the lower of cost or market.  Cost is determined using the first-in, first-out or weighted-average cost methods for finished goods and work-in-process.  Supplies and consumables consist principally of products used in our services provided to customers. The components of the inventory balances are as follows (in thousands):
		31-Mar-14		31-Dec-13
	Finished goods	$	70,369	$	65,621
	Raw materials		33,301		20,764
	Work-in-process		22,351		20,064
	Supplies and consumables		42,974		56,470
	Total	$	168,995	$	162,919
	Inventory and other current assets also includes approximately $8.9 million and $8.8 million of available-for-sale securities recorded at fair value as of March 31, 2014 and December 31, 2013, respectively. These available-for-sale securities constitute approximately 1.4 million shares of SandRidge Energy, Inc. (SandRidge) common stock held by the Company as of March 31, 2014 and December 31, 2013.
	The following table summarizes the components of unrealized gains and losses, net of tax included in comprehensive income (loss) related to changes in the fair value of available-for-sale securities (in thousands):
		Three Months Ended March 31,
		2014		2013
	Unrealized gain (loss) on available-for-sale securities	$	102	$	-1,568
	Tax (benefit) expense		38		-580
	Unrealized net gain (loss) on available-for-sale securities, net of tax	$	64	$	-988
	The Company evaluates whether unrealized losses on investments in available-for-sale securities are other-than-temporary, and if it is believed the unrealized losses are other-than-temporary, an impairment charge is recorded. There were no other-than-temporary impairment losses recognized during the three months ended March 31, 2014 and 2013.

Debt

Debt	3 Months Ended
	Mar. 31, 2014
Debt [Abstract]	'
Debt	'
	(8)Debt
	Credit Facility
	The Company has a $1.0 billion bank credit facility, comprised of a $600 million revolving credit facility and a $400 million term loan.  The principal balance of the term loan is payable in installments of $5.0 million on the last day of each fiscal quarter, which began on June 30, 2012.  As of March 31, 2014, the Company had $360 million outstanding under the term loan.  As of March 31, 2014, the Company had no amounts outstanding under the revolving portion of its credit facility.  The Company had approximately $47.5 million of letters of credit outstanding, which reduce the Company’s borrowing availability under the revolving portion of the credit facility.
	All amounts outstanding under the bank credit facility are due on February 7, 2017.  Amounts borrowed under the credit facility bear interest at LIBOR plus margins that depend on the Company’s leverage ratio.  Indebtedness under the credit facility is secured by substantially all of the Company’s assets, including the pledge of the stock of the Company’s principal domestic subsidiaries.
	Senior Unsecured Notes
	The Company has outstanding $500 million of 6 3/8% unsecured senior notes due 2019.  The indenture governing the 6 3/8% senior notes requires semi-annual interest payments on May 1st and November 1st of each year through the maturity date of May 1, 2019.
	The Company also has outstanding $800 million of 7 1/8% unsecured senior notes due 2021.  The indenture governing the 7 1/8% senior notes requires semi-annual interest payments on June 15th and December 15th of each year through the maturity date of December 15, 2021.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings per Share	'
	(5)Earnings per Share
	Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period.  The weighted average number of common shares outstanding excludes the shares of non-vested restricted stock that were assumed by the Company as a result of the acquisition of Complete Production Services, Inc. (Complete).  Diluted earnings per share is computed in the same manner as basic earnings per share except that the denominator is increased to include the number of additional common shares that could have been outstanding assuming the exercise of stock options, conversion of restricted stock units and the vesting of outstanding restricted stock issued in the acquisition of Complete.
	Stock options for approximately 1,600,000 and 1,900,000 shares of the Company’s common stock for the three months ended March 31, 2014 and 2013, respectively, were excluded in the computation of diluted earnings per share for these periods as the effect would have been anti-dilutive.

Decommissioning_Liabilities

Decommissioning Liabilities	3 Months Ended
	Mar. 31, 2014
Decommissioning Liabilities [Abstract]	'
Decommissioning Liabilities	'
	(9)Decommissioning Liabilities
	The Company records estimated future decommissioning liabilities in accordance with the authoritative guidance related to asset retirement obligations, which requires entities to record the fair value of a liability for an asset retirement obligation in the period in which it is incurred, with a corresponding increase in the carrying amount of the related long-lived asset.  Subsequent to initial measurement, the decommissioning liability is required to be accreted each period to present value.
	The Company has decommissioning liabilities associated with a platform and related assets which consist of costs related to the plugging of wells, the removal of the related facilities and equipment, and site restoration.  Whenever practical, the Company utilizes its own equipment and labor services to perform well abandonment and decommissioning work.  When the Company performs these services, all recorded intercompany revenues and related costs of services are eliminated in the condensed consolidated financial statements.  The recorded decommissioning liability associated with a specific property is fully extinguished when the property is abandoned.  The recorded liability is first reduced by all cash expenses incurred to abandon and decommission the property.  If the recorded liability exceeds (or is less than) the Company’s total costs, then the difference is reported as an increase or decrease in revenue during the period in which the work is performed.
	The Company reviews the adequacy of its decommissioning liabilities whenever indicators suggest that the estimated cash flows needed to satisfy the liabilities have changed materially.  The Company reviews its estimates for the timing of these expenditures on a quarterly basis.
	The following table summarizes the activity for the Company’s decommissioning liabilities for the three months ended March 31, 2014 and 2013 (in thousands):
		Three Months Ended March 31,
		2014		2013
	Decommissioning liabilities, December 31, 2013 and 2012, respectively	$	83,519	$	93,053
	Liabilities acquired and incurred		-		360
	Liabilities settled		-		-87
	Accretion		1,133		1,239
	Total decommissioning liabilities, March 31, 2014 and 2013 , respectively	$	84,652	$	94,565

Notes_Receivable

Notes Receivable	3 Months Ended
	Mar. 31, 2014
Notes Receivable [Abstract]	'
Notes Receivable	'
	(10) Notes Receivable
	Notes receivable consist of a commitment from the seller of an oil and gas property acquired by the Company towards the abandonment of the acquired property.  Pursuant to an agreement with the seller, the Company will invoice the seller an agreed upon amount at the completion of certain decommissioning activities.  The gross amount of this obligation totaled $115.0 million and is recorded at present value using an effective interest rate of 6.58%.  The related discount is amortized to interest income based on the expected timing of completion of the decommissioning activities.  The Company recorded interest income related to notes receivable of $0.4 million and $0.7 million for the three months ended March 31, 2014 and 2013, respectively.

Segment_Information

Segment Information	3 Months Ended
	Mar. 31, 2014
Segment Information [Abstract]	'
Segment Information	'
	(11) Segment Information
	Business Segments
	The Drilling Products and Services segment rents and sells bottom hole assemblies, premium drill pipe, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, completion, production and workover activities.  It also provides on-site accommodations and bolting and machining services.  The Onshore Completion and Workover Services segment provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a variety of well completion, workover and maintenance services.  The Production Services segment provides intervention services such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. It also provides specialized pressure control tools used to manage and control pressure throughout the life of a well.
	For the three months ended March 31, 2014 and 2013, operating results for the Company’s subsea construction and conventional decommissioning businesses are reported in discontinued operations (see note 2).  As a result, the Subsea and Technical Solutions segment was renamed the Technical Solutions segment to more specifically reflect the focus of this segment.  The Technical Solutions segment provides services typically requiring specialized engineering, manufacturing or project planning, including well control services, well containment systems, stimulation and sand control services and well plug and abandonment services. It also includes production handling arrangements and the production and sale of oil and gas.
	Summarized financial information for the Company’s segments for the three months ended March 31, 2014 and 2013 is shown in the following tables (in thousands):
	Three Months Ended March 31, 2014
				Onshore
		Drilling		Completion
		Products and		and Workover		Production		Technical				Consolidated
		Services		Services		Services		Solutions		Unallocated		Total
	Revenues	$	220,210	$	389,877	$	321,235	$	130,096	$	-	$	1,061,418
	Cost of services
	(exclusive of items shown separately below)		67,152		284,235		227,225		72,993		-		651,605
	Depreciation, depletion, amortization and accretion		45,017		60,604		41,808		14,889				162,318
	General and administrative expenses		41,160		38,968		47,188		28,603		-		155,919
	Income from operations		66,881		6,070		5,014		13,611		-		91,576
	Interest expense, net		-		-		-		365		-24,246		-23,881
	Other expense		-		-		-		-		-35		-35
	Income (loss) from continuing operations
	before income taxes	$	66,881	$	6,070	$	5,014	$	13,976	$	-24,281	$	67,660
	Three Months Ended March 31, 2013
				Onshore
		Drilling		Completion
		Products and		and Workover		Production		Technical				Consolidated
		Services		Services		Services		Solutions		Unallocated		Total
	Revenues	$	193,979	$	425,983	$	367,397	$	99,513	$	-	$	1,086,872
	Cost of services
	(exclusive of items shown separately below)		64,645		281,739		253,055		52,155		-		651,594
	Depreciation, depletion, amortization and accretion		41,344		53,822		41,877		7,921		-		144,964
	General and administrative expenses		31,796		41,187		48,771		24,142		-		145,896
	Income from operations		56,194		49,235		23,694		15,295		-		144,418
	Interest expense, net		-		-		-		720		-28,981		-28,261
	Other income		-		-		-		-		4,575		4,575
	Income (loss) from continuing operations
	before income taxes	$	56,194	$	49,235	$	23,694	$	16,015	$	-24,406	$	120,732
	Identifiable Assets
				Onshore
		Drilling		Completion
		Products and		and Workover		Production		Technical				Consolidated
		Services		Services		Services		Solutions		Unallocated		Total
	31-Mar-14	$	1,216,491	$	2,938,089	$	2,131,191	$	1,062,257	$	-	$	7,348,028
	31-Dec-13	$	1,245,501	$	2,973,916	$	2,176,785	$	1,015,105	$	-	$	7,411,307
	As of March 31, 2014, the Technical Solutions segment included $321.5 million of identifiable assets of the subsea construction and conventional decommissioning businesses that were classified as assets held for sale on the consolidated balance sheet.
	Geographic Segments
	The Company attributes revenue to various countries based on the location of where services are performed or the destination of the drilling products or equipment sold or leased.  Long-lived assets consist primarily of property, plant and equipment and are attributed to various countries based on the physical location of the asset at the end of a period.  As of March 31, 2014, the assets of the subsea construction and conventional decommissioning businesses were classified as assets held for sale on the consolidated balance sheet.  The Company’s revenue by geographic area for the three months ended March 31, 2014 and 2013 and long-lived assets by geographic area as of March 31, 2014 and December 31, 2013 are as follows (in thousands):
	Revenues:
		Three Months Ended March 31,
		2014		2013
	United States	$	892,319	$	919,655
	Other Countries		169,099		167,217
	Total	$	1,061,418	$	1,086,872
	Long-Lived Assets:
		31-Mar-14		31-Dec-13
	United States	$	2,444,256	$	2,476,792
	Other Countries		335,089		525,402
	Total, net	$	2,779,345	$	3,002,194

Guarantee

Guarantee	3 Months Ended
	Mar. 31, 2014
Guarantee [Abstract]	'
Guarantee	'
	(12)  Guarantee
	In accordance with authoritative guidance related to guarantees, the Company has assigned an estimated value of $2.6 million as of March 31, 2014 and December 31, 2013 related to decommissioning activities in connection with oil and gas properties acquired by its former subsidiary, SPN Resources, prior to its sale to Dynamic Offshore.  The guarantee is reflected in other long-term liabilities.  The Company believes that the likelihood of being required to perform these guarantees is remote.  In the unlikely event of default on any remaining decommissioning liabilities, the total maximum potential obligation under these guarantees is estimated to be approximately $98.1 million, net of the contractual right to receive payments from third parties, which is approximately $24.6 million, as of March 31, 2014.  The total maximum potential obligation will decrease over time as the underlying obligations are fulfilled.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	(13)    Fair Value Measurements
	The Company follows the authoritative guidance for fair value measurements relating to financial and nonfinancial assets and liabilities, including presentation of required disclosures herein.  This guidance establishes a fair value framework requiring the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets and liabilities.  Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment.  The three levels are defined as follows:
	Level 1:  Unadjusted quoted prices in active markets for identical assets and liabilities.
	Level 2:  Observable inputs other than those included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical assets or liabilities in inactive markets; or model-derived valuations or other inputs that can be corroborated by observable market data.
	Level 3:  Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability.
	The following tables provide a summary of the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013 (in thousands):
				Fair Value Measurements at Reporting Date Using
		31-Mar-14		Level 1		Level 2		Level 3
	Inventory and other current assets
	Available-for-sale securities	$	8,919	$	8,919		-		-
	Intangible and other long-term assets, net
	Non-qualified deferred compensation assets	$	11,779	$	342	$	11,437		-
	Interest rate swaps	$	973		-	$	973		-
	Accounts payable
	Non-qualified deferred compensation liabilities	$	1,788		-	$	1,788		-
	Other long-term liabilities
	Non-qualified deferred compensation liabilities	$	14,172		-	$	14,172		-
		31-Dec-13		Level 1		Level 2		Level 3
	Inventory and other current assets
	Available-for-sale securities	$	8,817	$	8,817		-		-
	Intangible and other long-term assets, net
	Non-qualified deferred compensation assets	$	13,731	$	2,330	$	11,401		-
	Interest rate swap	$	337		-	$	337		-
	Accounts payable
	Non-qualified deferred compensation liabilities	$	1,944		-	$	1,944		-
	Other long-term liabilities
	Non-qualified deferred compensation liabilities	$	14,986		-	$	14,986		-
	Available-for-sale securities is comprised of approximately 1.4 million shares of SandRidge common stock.  The securities are reported at fair value based on the closing price of the shares as reported on the New York Stock Exchange (see note 7).
	The Company’s non-qualified deferred compensation plans allow officers, certain highly compensated employees and non-employee directors to defer receipt of a portion of their compensation and contribute such amounts to one or more hypothetical investment funds.  The Company entered into separate trust agreements, subject to general creditors, to segregate assets of each plan and reports the accounts of the trusts in its condensed consolidated financial statements.  These investments are reported at fair value based on unadjusted quoted prices in active markets for identifiable assets and observable inputs for similar assets and liabilities, which represent Levels 1 and 2, respectively, in the fair value hierarchy.
	The Company has three interest rate swap agreements related to its fixed rate debt maturing in 2021 for notional amounts of $100 million each, whereby the Company is entitled to receive semi-annual interest payments at a fixed rate of 7 1/8% per annum and is obligated to make semi-annual interest payments at floating rates, which are adjusted every 90 days, based on LIBOR plus a fixed margin. The swap agreements, scheduled to terminate on December 15, 2021, are designated as fair value hedges of a portion of the Company’s 7 1/8% senior notes, as the derivatives have been tested to be highly effective in offsetting changes in the fair value of the underlying note.  As these derivatives are classified as fair value hedges, the changes in the fair value of the derivatives are offset against the changes in the fair value of the underlying note in interest expense, net (see note 14).
	The fair value of the Company’s cash equivalents, accounts receivable and current maturities of long-term debt approximates their carrying amounts.  The fair value of the Company’s long-term debt was approximately $1,786.7 million and $1,789.0 million as of March 31, 2014 and December 31, 2013, respectively.  The fair value of these debt instruments is determined by reference to the market value of the instruments as quoted in over-the-counter markets, which are Level 1 inputs.

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2014
Derivative Financial Instruments [Abstract]	'
Derivative Financial Instruments	'
	(14)    Derivative Financial Instruments
	From time to time, the Company may employ interest rate swaps in an attempt to achieve a more balanced debt portfolio.  The Company does not use derivative financial instruments for trading or speculative purposes.
	The Company has three interest rate swaps for notional amounts of $100 million each related to its 7 1/8% senior notes maturing in December 2021.  These interest rate swaps are accounted for as fair value hedges since the swaps hedge against the change in fair value of fixed rate debt resulting from changes in interest rates.  The Company recorded a derivative asset relating to these swaps of $0.9 million and $0.3 million within intangible and other long term assets in the consolidated balance sheets as of March 31, 2014 and December 31, 2013, respectively.
	The changes in fair value of the interest rate swaps are included in the adjustments to reconcile net income to net cash provided by operating activities in the consolidated statement of cash flows. The effect and location of the derivative instruments in the condensed consolidated statement of operations, presented on a pre-tax basis, are as follows (in thousands):
			Three Months Ended March 31,
	Effect of derivative instrument	Location of (gain) loss	2014		2013
		recognized
	Interest rate swap	Interest expense, net	$	-4,084	$	1,063
	Hedged item - debt	Interest expense, net		3,448		-1,191
			$	-636	$	-128
	For the three months ended March 31, 2014 and 2013, approximately $0.6 million and $0.1 million of interest income, respectively, was related to the ineffectiveness associated with these fair value hedges.  Hedge ineffectiveness represents the difference between the changes in fair value of the derivative instruments and the changes in fair value of the fixed rate debt attributable to changes in the benchmark interest rate.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	(15)    Income Taxes
	The Company follows authoritative guidance surrounding accounting for uncertainty in income taxes. It is the Company’s policy to recognize interest and applicable penalties, if any, related to uncertain tax positions in income tax expense.  The Company had approximately $29.9 million of unrecorded tax benefits as of March 31, 2014 and December 31, 2013, all of which would impact the Company’s effective tax rate if recognized.

Related_Party_Disclosures

Related Party Disclosures	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Disclosures	'
	(16)  Related Party Disclosures
	The Company purchases services, products and equipment, as well as leases certain facilities, from companies affiliated with an officer of one of its subsidiaries.  The Company believes the transactions reflected below with these related parties are on terms and conditions no less favorable to the Company than transactions with unaffiliated parties.  For the three months ended March 31, 2014 and 2013, these purchases totaled approximately $53.1 million and $45.4 million, respectively.  For the three months ended March 31, 2014, approximately $20.4 million was purchased from ORTEQ Energy Services, a heavy equipment construction company which also manufactures pressure pumping equipment, approximately $0.6 million was purchased from Ortowski Construction, primarily related to the manufacture of pressure pumping units, approximately $3.4 million was paid to Resource Transport, LLC, related to the transportation of sand used in pressure pumping activities, approximately $17.7 million was purchased from Texas Specialty Sands, LLC, primarily for the purchase of sand used for pressure pumping activities, approximately $10.0 million was purchased from ProFuel, LLC, primarily related to the purchase of diesel used to operate equipment and trucks and approximately $1.0 million was related to facilities leased from Timber Creek Real Estate Partners.  For the three months ended March 31, 2013, approximately $16.0 million was purchased from ORTEQ Energy Services, approximately $0.1 million was purchased from Ortowski Construction, approximately $4.0 million was paid to Resource Transport, LLC, approximately $19.8 million was purchased from Texas Specialty Sands, LLC, approximately $5.3 million was purchased from ProFuel, LLC and approximately $0.2 million was related to facilities leased from Timber Creek Real Estate Partners.
	As of March 31, 2014, the Company’s trade accounts payable includes amounts due to these companies totaling approximately $21.4 million, of which approximately $7.7 million was due ORTEQ Energy Services, approximately $1.6 million was due Resource Transport, LLC, approximately $9.3 million was due Texas Specialty Sands, LLC, approximately $2.1 million was due ProFuel, LLC and approximately $0.7 million was due Timber Creek Real Estate Partners.  As of December 31, 2013, the Company’s trade accounts payable includes amounts due to these companies totaling approximately $14.6 million, of which approximately $7.8 million was due ORTEQ Energy Services, approximately $0.9 million was due Resource Transport, LLC, approximately $2.0 million was due Texas Specialty Sands, LLC, approximately $2.6 million was due ProFuel, LLC and approximately $1.3 million was due Timber Creek Real Estate Partners.
	The Company’s President and Chief Executive Officer serves as an independent director of the board of Linn Energy, LLC (Linn), an independent oil and gas development company with focus areas in the Rockies, Mid-Continent, the Hugoton Basin, California, the Permian Basin, Michigan, Illinois and east Texas.  The Company recorded revenues from Linn and its subsidiaries of approximately $6.0 million and $6.8 million for the three months ended March 31, 2014 and 2013, respectively.  The Company had trade receivables from Linn and its subsidiaries of approximately $2.6 million and $2.9 million as of March 31, 2014 and December 31, 2013, respectively.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements, Policy [Policy Text Block]	'
	(17)  Recently Issued Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board issued updated accounting guidance that changes the definition of discontinued operations.  The guidance permits only those disposed components (or components held-for-sale) representing a strategic shift that have (or will have) a major effect on operations and financial results to be reported in discontinued operations.  The accounting guidance is effective prospectively for disposals (or classifications as held-for-sale) that occur after December 31, 2014.  The Company elected not to early adopt the accounting guidance.

Dispositions_Tables

Dispositions (Tables)	3 Months Ended
	Mar. 31, 2014
Dispositions [Abstract]	'
Components of income (loss) from discontinued operations	'
		Three Months Ended March 31,
		2014		2013
	Revenues	$	39,002	$	48,607
	Loss from discontinued operations, net of  tax benefit of $2,758 and
	$2,687, respectively		-5,954		-16,891
Assets and liabilities of disposal groups	'
		31-Mar-14		31-Dec-13
	Accounts receivable, net	$	30,351	$	26,858
	Prepaid expenses		7,848		8,164
	Inventory and other current assets		64,577		63,618
	Current assets	$	102,776	$	98,640
	Property, plant and equipment, net		213,893		217,089
	Intangible and other long-term assets, net		4,815		4,854
	Long-term assets	$	218,708	$	221,943
	Accounts payable	$	16,121	$	13,449
	Accrued expenses		48,025		52,133
	Current liabilities	$	64,146	$	65,582
	Other long-term liabilities	$	20,307	$	21,801

Inventory_and_Other_Current_As1

Inventory and Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		31-Mar-14		31-Dec-13
	Finished goods	$	70,369	$	65,621
	Raw materials		33,301		20,764
	Work-in-process		22,351		20,064
	Supplies and consumables		42,974		56,470
	Total	$	168,995	$	162,919
Unrealized Gain (Loss) on Investments [Table Text Block]	'
		Three Months Ended March 31,
		2014		2013
	Unrealized gain (loss) on available-for-sale securities	$	102	$	-1,568
	Tax (benefit) expense		38		-580
	Unrealized net gain (loss) on available-for-sale securities, net of tax	$	64	$	-988

Decommissioning_Liabilities_Ta

Decommissioning Liabilities (Tables)	3 Months Ended
	Mar. 31, 2014
Decommissioning Liabilities [Abstract]	'
Summary the activity for company's decommissioning liabilities	'
		Three Months Ended March 31,
		2014		2013
	Decommissioning liabilities, December 31, 2013 and 2012, respectively	$	83,519	$	93,053
	Liabilities acquired and incurred		-		360
	Liabilities settled		-		-87
	Accretion		1,133		1,239
	Total decommissioning liabilities, March 31, 2014 and 2013 , respectively	$	84,652	$	94,565

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2014													Mar. 31, 2013
Segment Information [Abstract]	'													'
Identifiable Assets	'													'
	Identifiable Assets
				Onshore
		Drilling		Completion
		Products and		and Workover		Production		Technical				Consolidated
		Services		Services		Services		Solutions		Unallocated		Total
	31-Mar-14	$	1,216,491	$	2,938,089	$	2,131,191	$	1,062,257	$	-	$	7,348,028
	31-Dec-13	$	1,245,501	$	2,973,916	$	2,176,785	$	1,015,105	$	-	$	7,411,307
Company's information by geographic area	'													'
	Revenues:
		Three Months Ended March 31,
		2014		2013
	United States	$	892,319	$	919,655
	Other Countries		169,099		167,217
	Total	$	1,061,418	$	1,086,872
	Long-Lived Assets:
		31-Mar-14		31-Dec-13
	United States	$	2,444,256	$	2,476,792
	Other Countries		335,089		525,402
	Total, net	$	2,779,345	$	3,002,194
Schedule Of Segment Reporting Information By Segment [Text Block]	'													'
	Three Months Ended March 31, 2014													Three Months Ended March 31, 2013
				Onshore													Onshore
		Drilling		Completion											Drilling		Completion
		Products and		and Workover		Production		Technical				Consolidated			Products and		and Workover		Production		Technical				Consolidated
		Services		Services		Services		Solutions		Unallocated		Total			Services		Services		Services		Solutions		Unallocated		Total
	Revenues	$	220,210	$	389,877	$	321,235	$	130,096	$	-	$	1,061,418	Revenues	$	193,979	$	425,983	$	367,397	$	99,513	$	-	$	1,086,872
	Cost of services													Cost of services
	(exclusive of items shown separately below)		67,152		284,235		227,225		72,993		-		651,605	(exclusive of items shown separately below)		64,645		281,739		253,055		52,155		-		651,594
	Depreciation, depletion, amortization and accretion		45,017		60,604		41,808		14,889				162,318	Depreciation, depletion, amortization and accretion		41,344		53,822		41,877		7,921		-		144,964
	General and administrative expenses		41,160		38,968		47,188		28,603		-		155,919	General and administrative expenses		31,796		41,187		48,771		24,142		-		145,896
	Income from operations		66,881		6,070		5,014		13,611		-		91,576	Income from operations		56,194		49,235		23,694		15,295		-		144,418
	Interest expense, net		-		-		-		365		-24,246		-23,881	Interest expense, net		-		-		-		720		-28,981		-28,261
	Other expense		-		-		-		-		-35		-35	Other income		-		-		-		-		4,575		4,575
	Income (loss) from continuing operations													Income (loss) from continuing operations
	before income taxes	$	66,881	$	6,070	$	5,014	$	13,976	$	-24,281	$	67,660	before income taxes	$	56,194	$	49,235	$	23,694	$	16,015	$	-24,406	$	120,732

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Measurements [Abstract]	'
Summary of financial assets and liabilities measured at fair value on recurring basis	'
				Fair Value Measurements at Reporting Date Using
		31-Mar-14		Level 1		Level 2		Level 3
	Inventory and other current assets
	Available-for-sale securities	$	8,919	$	8,919		-		-
	Intangible and other long-term assets, net
	Non-qualified deferred compensation assets	$	11,779	$	342	$	11,437		-
	Interest rate swaps	$	973		-	$	973		-
	Accounts payable
	Non-qualified deferred compensation liabilities	$	1,788		-	$	1,788		-
	Other long-term liabilities
	Non-qualified deferred compensation liabilities	$	14,172		-	$	14,172		-
		31-Dec-13		Level 1		Level 2		Level 3
	Inventory and other current assets
	Available-for-sale securities	$	8,817	$	8,817		-		-
	Intangible and other long-term assets, net
	Non-qualified deferred compensation assets	$	13,731	$	2,330	$	11,401		-
	Interest rate swap	$	337		-	$	337		-
	Accounts payable
	Non-qualified deferred compensation liabilities	$	1,944		-	$	1,944		-
	Other long-term liabilities
	Non-qualified deferred compensation liabilities	$	14,986		-	$	14,986		-

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2014
Derivative Financial Instruments [Abstract]	'
Location and effect of the derivative instrument on the statements of operations	'
			Three Months Ended March 31,
	Effect of derivative instrument	Location of (gain) loss	2014		2013
		recognized
	Interest rate swap	Interest expense, net	$	-4,084	$	1,063
	Hedged item - debt	Interest expense, net		3,448		-1,191
			$	-636	$	-128

Dispositions_Components_of_inc

Dispositions (Components of income (loss) from discontinued operations, net of tax) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Dispositions [Abstract]	'	'
Revenues	$39,002	$48,607
Income (loss) from discontinued operations, net of tax	-5,954	-16,891
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	($5,954)	($16,891)

Dispositions_Assets_and_liabil

Dispositions (Assets and liabilities of disposal groups) (Details) (Segment, Discontinued Operations [Member], USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Segment, Discontinued Operations [Member]	'	'
Accounts receivable, net	$30,351	$26,858
Prepaid expenses	7,848	8,164
Inventory and other current assets	64,577	63,618
Current assets of discontinued operations	102,776	98,640
Property, plant and equipment, net	213,893	217,089
Intangible and other long-term assets, net	4,815	4,854
Long-term assets of discontinued operations	218,708	221,943
Accounts payable	16,121	13,449
Accrued expenses	48,025	52,133
Current liabilities of discontinued operations	64,146	65,582
Disposal Group, Including Discontinued Operation, Other Noncurrent Liabilities	$20,307	$21,801

Acquisitions_Narrative_Details

Acquisitions (Narrative) (Details) (Cementing Service Acquisitioin[Member], USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2013	Mar. 31, 2014
Cementing Service Acquisitioin[Member]	'	'
Business Acquisition [Line Items]	'	'
Business acquisition, purchase price payable over next two years	'	$1.70
Cash paid to acquire equity interest	20.4	'
Company will repay of complete debt	3	'
Goodwill acquired	15.1	'
Additional consideration attributable to acquisition	'	$2.10
Business Acquisition, Percentage of Voting Interests Acquired	100.00%	'

Accelerated_Share_Repurchases_

Accelerated Share Repurchases (Details) (USD $)	1 Months Ended	3 Months Ended
In Millions, except Share data, unless otherwise specified	Apr. 30, 2014	Mar. 31, 2014
Accelerated Share Repurchases, Cash or Stock Settlement	'In April 2014, the accelerated share repurchase program was completed and the Company received and retired 633,485 additional shares.	'
Accelerated Share Repurchases, Initial Price Paid Per Share	'	$29.62
Accelerated Share Repurchases, Settlement	633,485	'
Accelerated Share Repurchases [Member]	'	'
Stock Repurchased During Period, Value	'	$75
Stock Repurchased During Period, Shares	'	1,899,055
Accelerated Share Repurchases, Percent of shares Authorized for Repurchase	'	75.00%
Stock Repurchased and Retired During Period, Value	'	56.3
Additional Paid-in Capital [Member]	'	'
Stock Repurchased and Retired During Period, Value	'	$18.70

StockBased_Compensation_and_Re

Stock-Based Compensation and Retirement Plans (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Stock Based Compensation and Retirement Plans [Abstract]	'	'
Compensation expense	$11.40	$9

Inventory_and_Other_Current_As2

Inventory and Other Current Assets (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory and Other Current Assets [Abstract]	'	'
Inventory	$168,995	$162,919
Finished Goods	70,369	65,621
Work in progress	22,351	20,064
Raw materials	33,301	20,764
Supplies and consumables	$42,974	$56,470

Inventory_and_Other_Current_As3

Inventory and Other Current Assets Additional Information (Details) (USD $)	3 Months Ended
Share data in Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Available-for-sale Securities [Abstract]	'	'	'
Number of shares comprising Available for Sale Securities	1.4	'	'
Available-for-sale Securities, Income Tax Expense on Change in Unrealized Holding Gain (Loss)	$38,000	($580,000)	'
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax	64,000	-988,000	'
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss) before Taxes	102,000	-1,568,000	'
Available-for-sale Securities, Current	$8,900,000	'	$8,800,000

Debt_Details

Debt (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Sep. 30, 2012	Mar. 31, 2014
	Credit Facility [Member]	Unsecured Senior Notes Due 2019 [Member]	Unsecured Senior Notes Due 2019 [Member]	Unsecured Senior Notes Due 2021 [Member]
Debt Instrument [Line Items]	'	'	'	'
Credit Facility, Term Loan Amount Outstanding	$360,000,000	'	'	'
Credit facility, total borrowing capacity	1,000,000,000	'	'	'
Line of credit facility, revolving borrowing capacity	600,000,000	'	'	'
Aggregate principal amount of term loan	400,000,000	'	'	'
Line of Credit Facility, Periodic Payment	5,000,000	'	'	'
Letters of Credit Outstanding, Amount	47,500,000	'	'	'
Senior Notes	'	500,000,000	'	800,000,000
Stated interest rate on unsecured senior notes	'	'	6.38%	'
Line of Credit Facility, Amount Outstanding	$0	'	'	'

Earnings_per_Share_Details

Earnings per Share (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Stock options	1,600,000	1,900,000

Decommissioning_Liabilities_De

Decommissioning Liabilities (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Summary of the activity for the Company's decommissioning liabilities	'	'	'
Decommissioning liabilities, December 31, 2011 and 2010, respectively	$83,519	$93,053	'
Liabilities acquired and incurred	'	360	'
Liabilities settled	'	-87	'
Accretion	1,133	1,239	'
Total decommissioning liabilities, June 30, 2012 and 2011, respectively	84,652	94,565	'
Less: current portion of decommissioning liabilities at June 30, 2012 and 2011, respectively	27,322	'	27,322
Long-term decommissioning liabilities, June 30, 2012 and 2011, respectively	$57,330	'	$56,197

Notes_Receivable_Details

Notes Receivable (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Notes Receivable [Abstract]	'	'
Amount of notes receivable net	$115	'
Interest rate percentage to record present value of notes receivable	6.58%	'
Company recorded interest income	$0.40	$0.70

Segment_Information_Financial_

Segment Information (Financial information for Company's segments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'
Revenues	$1,061,418	$1,086,872	'
Cost of services (exclusive of items shown separately below)	651,605	651,594	'
Depreciation, depletion, amortization and accretion	162,318	144,964	'
General and administrative expenses	155,919	145,896	'
Income from operations	91,576	144,418	'
Interest income (expense), net	-23,881	-28,261	'
Other Nonoperating Income (Expense)	-35	4,575	'
Income (loss) from continuing operations before income taxes	67,660	120,732	'
Identifiable Assets	7,348,028	'	7,411,307
Assets Held-for-sale, at Carrying Value	321,484	'	'
Subsea and Technical Solutions [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	130,096	99,513	'
Cost of services (exclusive of items shown separately below)	72,993	52,155	'
Depreciation, depletion, amortization and accretion	14,889	7,921	'
General and administrative expenses	28,603	24,142	'
Income from operations	13,611	15,295	'
Interest income (expense), net	365	720	'
Income (loss) from continuing operations before income taxes	13,976	16,015	'
Identifiable Assets	1,062,257	'	1,015,105
Production Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	321,235	367,397	'
Cost of services (exclusive of items shown separately below)	227,225	253,055	'
Depreciation, depletion, amortization and accretion	41,808	41,877	'
General and administrative expenses	47,188	48,771	'
Income from operations	5,014	23,694	'
Income (loss) from continuing operations before income taxes	5,014	23,694	'
Identifiable Assets	2,131,191	'	2,176,785
Onshore Completion and Workover Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	389,877	425,983	'
Cost of services (exclusive of items shown separately below)	284,235	281,739	'
Depreciation, depletion, amortization and accretion	60,604	53,822	'
General and administrative expenses	38,968	41,187	'
Income from operations	6,070	49,235	'
Income (loss) from continuing operations before income taxes	6,070	49,235	'
Identifiable Assets	2,938,089	'	2,973,916
Drilling Products and Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	220,210	193,979	'
Cost of services (exclusive of items shown separately below)	67,152	64,645	'
Depreciation, depletion, amortization and accretion	45,017	41,344	'
General and administrative expenses	41,160	31,796	'
Income from operations	66,881	56,194	'
Income (loss) from continuing operations before income taxes	66,881	56,194	'
Identifiable Assets	1,216,491	'	1,245,501
Unallocated [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Interest income (expense), net	-24,246	-28,981	'
Other Nonoperating Income (Expense)	-35	4,575	'
Income (loss) from continuing operations before income taxes	-24,281	-24,406	'
Segment, Discontinued Operations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Assets Held-for-sale, at Carrying Value	$321,500	'	'

Segment_Information_Companys_i

Segment Information (Company's information by geographic area) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Segment Information [Abstract]	'	'	'
United States, Revenue	$892,319	$919,655	'
Other Countries, Revenue	169,099	167,217	'
Total, Revenues	1,061,418	1,086,872	'
United States, Long-lived assets	2,444,256	'	2,476,792
Other Countries, Long-lived assets	335,089	'	525,402
Total, Long-lived assets	$2,779,345	'	$3,002,194

Guarantee_Details

Guarantee (Details) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Guarantee [Abstract]	'
Decommissioning performance guarantees, estimated value	$2.60
Maximum potential obligation under Decommissioning performance guarantees	98.1
Contractual right to receive payments from third parties	$24.60

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narrative) (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value Measurements [Abstract]	'	'
Adjustment Interval of Variable Rate on Interest Rate Swap	90	'
Number of shares comprising Available for Sale Securities	1.4	'
Interest rate swap agreement for notional amount	$100	'
Fair value of long term debt	$1,786.70	$1,789

Fair_Value_Measurements_Financ

Fair Value Measurements (Financial assets and liabilities measured at fair value on a recurring basis) (Details) (Fair Value, Measurements, Recurring [Member], USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Fair Value Disclosure	$8,919	$8,817
Non-Qualified Deferred Compensation Assets [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	11,779	13,731
Interest Rate Swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	973	337
Non Qualified Deferred Compensation Liabilities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Accounts payable	1,788	1,944
Other long-term liabilities	14,172	14,986
Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Fair Value Disclosure	8,919	8,817
Level 1 [Member] | Non-Qualified Deferred Compensation Assets [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	342	2,330
Level 1 [Member] | Interest Rate Swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	'	'
Level 1 [Member] | Non Qualified Deferred Compensation Liabilities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Accounts payable	'	'
Other long-term liabilities	'	'
Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Fair Value Disclosure	'	'
Level 2 [Member] | Non-Qualified Deferred Compensation Assets [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	11,437	11,401
Level 2 [Member] | Interest Rate Swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	973	337
Level 2 [Member] | Non Qualified Deferred Compensation Liabilities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Accounts payable	1,788	1,944
Other long-term liabilities	14,172	14,986
Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Available-for-sale Securities, Fair Value Disclosure	'	'
Level 3 [Member] | Non-Qualified Deferred Compensation Assets [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	'	'
Level 3 [Member] | Interest Rate Swap [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Intangible and other long-term assets	'	'
Level 3 [Member] | Non Qualified Deferred Compensation Liabilities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Accounts payable	'	'
Other long-term liabilities	'	'

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Narrative) (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Derivatives, Fair Value [Line Items]	'	'	'
Adjustment Interval of Variable Rate on Interest Rate Swap	90	'	'
Derivative asset	$0.90	'	$0.30
Interest income (expense) related to the ineffectiveness associated with the fair value hedge	0.6	0.1	'
Interest rate swap agreement for notional amount	100	'	'
July 2013 Interest Rate Swap [Member]	'	'	'
Derivatives, Fair Value [Line Items]	'	'	'
Interest rate swap agreement for notional amount	$100	'	'

Derivative_Financial_Instrumen3

Derivative Financial Instruments (The location and effect of the derivative instrument on the condensed consolidated statement of operations, pre-tax basis) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Derivative Instruments, (Gain) Loss [Line Items]	'	'
Amount of (gain) loss recognized	($636)	($128)
Hedged Item Debt [Member] | Interest Expense, Net [Member]	'	'
Derivative Instruments, (Gain) Loss [Line Items]	'	'
Amount of (gain) loss recognized	3,448	-1,191
Interest Rate Swap [Member] | Interest Expense, Net [Member]	'	'
Derivative Instruments, (Gain) Loss [Line Items]	'	'
Amount of (gain) loss recognized	($4,084)	$1,063

Income_Taxes_Details

Income Taxes (Details) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Income Taxes [Abstract]	'
Unrecorded tax benefits	$29.90

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Commitments and Contingencies (Textual) [Abstract]	'	'
Vessel's gross asset value under the capital lease at inception	$37.60	'
Vessel's gross asset value under the capital lease at depreciation	17.4	16.4
Other long-term liabilities	'	21.4
Accounts Payable Related to Obligations Under Capital Lease	'	4.2
Segment, Discontinued Operations [Member]	'	'
Commitments and Contingencies (Textual) [Abstract]	'	'
Other long-term liabilities	20.3	'
Accounts Payable Related to Obligations Under Capital Lease	$4.30	'

Related_Party_Disclosure_Detai

Related Party Disclosure (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	$53.10	$45.40	'
Trade Accounts Payable	21.4	'	14.6
Ortowski Construction [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	0.6	0.1	'
ORTEQ Energy Services [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	20.4	16	'
Trade Accounts Payable	7.7	'	7.8
Resource Transport [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	3.4	4	'
Trade Accounts Payable	1.6	'	0.9
Texas Specialty Sands [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	17.7	19.8	'
Trade Accounts Payable	9.3	'	2
ProFuel LLC [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	10	5.3	'
Trade Accounts Payable	2.1	'	2.6
TIMBER CREEK REAL ESTATE PARTNERS [Member]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Purchase of services	1	0.2	'
Trade Accounts Payable	0.7	'	1.3
LINNENERGY[MEMBER]	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'
Revenue from Related Parties	6	6.8	'
Accounts Receivable, Related Parties, Current	$2.60	'	$2.90