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Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. | text | 632.9 | monetaryItemType | text: <entity> 632.9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:Depreciation |
Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. | text | 644.9 | monetaryItemType | text: <entity> 644.9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:Depreciation |
Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. | text | 663.1 | monetaryItemType | text: <entity> 663.1 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense included in depreciation and amortization expense in our consolidated statements of income (loss) totaled $ 632.9 million, $ 644.9 million and $ 663.1 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:Depreciation |
Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. | text | 199.2 | monetaryItemType | text: <entity> 199.2 </entity> <entity type> monetaryItemType </entity type> <context> Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:CostOfPropertyRepairsAndMaintenance |
Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. | text | 228.2 | monetaryItemType | text: <entity> 228.2 </entity> <entity type> monetaryItemType </entity type> <context> Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:CostOfPropertyRepairsAndMaintenance |
Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. | text | 202.5 | monetaryItemType | text: <entity> 202.5 </entity> <entity type> monetaryItemType </entity type> <context> Repair and maintenance expense included in direct costs in our consolidated statements of income (loss) totaled $ 199.2 million, $ 228.2 million and $ 202.5 million during 2024, 2023 and 2022, respectively. </context> | us-gaap:CostOfPropertyRepairsAndMaintenance |
As of December 31, 2024, approximately 33 % and 26 % of our net accounts receivable balance was related to our operations in Saudi Arabia and Mexico, respectively. Management considers this credit risk to be limited due to the financial resources of our primary customer in each of these countries. Nabors’ receivables ... | text | 33 | percentItemType | text: <entity> 33 </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024, approximately 33 % and 26 % of our net accounts receivable balance was related to our operations in Saudi Arabia and Mexico, respectively. Management considers this credit risk to be limited due to the financial... | us-gaap:ConcentrationRiskPercentage1 |
As of December 31, 2024, approximately 33 % and 26 % of our net accounts receivable balance was related to our operations in Saudi Arabia and Mexico, respectively. Management considers this credit risk to be limited due to the financial resources of our primary customer in each of these countries. Nabors’ receivables ... | text | 26 | percentItemType | text: <entity> 26 </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024, approximately 33 % and 26 % of our net accounts receivable balance was related to our operations in Saudi Arabia and Mexico, respectively. Management considers this credit risk to be limited due to the financial... | us-gaap:ConcentrationRiskPercentage1 |
Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior exchangeable notes, 7.50 % and 8.875 % senior guaranteed notes and 7.375 % and 9.125 %... | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior e... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior exchangeable notes, 7.50 % and 8.875 % senior guaranteed notes and 7.375 % and 9.125 %... | text | 7.50 | percentItemType | text: <entity> 7.50 </entity> <entity type> percentItemType </entity type> <context> Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior e... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior exchangeable notes, 7.50 % and 8.875 % senior guaranteed notes and 7.375 % and 9.125 %... | text | 8.875 | percentItemType | text: <entity> 8.875 </entity> <entity type> percentItemType </entity type> <context> Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior exchangeable notes, 7.50 % and 8.875 % senior guaranteed notes and 7.375 % and 9.125 %... | text | 7.375 | percentItemType | text: <entity> 7.375 </entity> <entity type> percentItemType </entity type> <context> Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior exchangeable notes, 7.50 % and 8.875 % senior guaranteed notes and 7.375 % and 9.125 %... | text | 9.125 | percentItemType | text: <entity> 9.125 </entity> <entity type> percentItemType </entity type> <context> Our financial instruments that are potentially sensitive to changes in interest rates include our floating rate debt instruments comprised of the 2024 Credit Agreement and our fixed rate debt securities comprised of our 1.75 % senior ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 474.1 | monetaryItemType | text: <entity> 474.1 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued ... | us-gaap:DebtInstrumentRepurchasedFaceAmount |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 5.75 | percentItemType | text: <entity> 5.75 </entity> <entity type> percentItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued an... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 487.0 | monetaryItemType | text: <entity> 487.0 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued ... | us-gaap:DebtInstrumentRepurchaseAmount |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued an... | us-gaap:DebtInstrumentUnamortizedPremium |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 11.5 | monetaryItemType | text: <entity> 11.5 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued a... | us-gaap:InterestPayableCurrentAndNoncurrent |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 555.9 | monetaryItemType | text: <entity> 555.9 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued ... | us-gaap:DebtInstrumentRepurchasedFaceAmount |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 7.25 | percentItemType | text: <entity> 7.25 </entity> <entity type> percentItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued an... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 568.3 | monetaryItemType | text: <entity> 568.3 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued ... | us-gaap:DebtInstrumentRepurchaseAmount |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 10.1 | monetaryItemType | text: <entity> 10.1 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued a... | us-gaap:DebtInstrumentUnamortizedPremium |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 2.4 | monetaryItemType | text: <entity> 2.4 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued an... | us-gaap:InterestPayableCurrentAndNoncurrent |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 14.9 | monetaryItemType | text: <entity> 14.9 </entity> <entity type> monetaryItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued a... | us-gaap:GainLossOnRepurchaseOfDebtInstrument |
During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued and unpaid interest. We also fully redeemed the $ 555.9 million remaining balance of th... | text | 0.75 | percentItemType | text: <entity> 0.75 </entity> <entity type> percentItemType </entity type> <context> During 2024, we fully redeemed the $ 474.1 million remaining balance of the 5.75 % senior notes due February 2025 for approximately $ 487.0 million in cash, including principal, premium of $ 1.4 million and $ 11.5 million in accrued an... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On July 22, 2024, Nabors issued $ 550.0 million in aggregate principal amount of 8.875 % senior guaranteed notes, which are fully and unconditionally guaranteed by Nabors and certain of Nabors’ indirect wholly-owned subsidiaries. Interest on the notes is payable on February 15 and August 15 of each year. The notes ha... | text | 550.0 | monetaryItemType | text: <entity> 550.0 </entity> <entity type> monetaryItemType </entity type> <context> On July 22, 2024, Nabors issued $ 550.0 million in aggregate principal amount of 8.875 % senior guaranteed notes, which are fully and unconditionally guaranteed by Nabors and certain of Nabors’ indirect wholly-owned subsidiaries. In... | us-gaap:DebtInstrumentCarryingAmount |
On July 22, 2024, Nabors issued $ 550.0 million in aggregate principal amount of 8.875 % senior guaranteed notes, which are fully and unconditionally guaranteed by Nabors and certain of Nabors’ indirect wholly-owned subsidiaries. Interest on the notes is payable on February 15 and August 15 of each year. The notes ha... | text | 8.875 | percentItemType | text: <entity> 8.875 </entity> <entity type> percentItemType </entity type> <context> On July 22, 2024, Nabors issued $ 550.0 million in aggregate principal amount of 8.875 % senior guaranteed notes, which are fully and unconditionally guaranteed by Nabors and certain of Nabors’ indirect wholly-owned subsidiaries. Int... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 % per year payable semiannually on June 15 and December 15 of each year, beginning on D... | text | 250.0 | monetaryItemType | text: <entity> 250.0 </entity> <entity type> monetaryItemType </entity type> <context> In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 ... | us-gaap:DebtInstrumentFaceAmount |
In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 % per year payable semiannually on June 15 and December 15 of each year, beginning on D... | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 % ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 % per year payable semiannually on June 15 and December 15 of each year, beginning on D... | text | 250.0 | monetaryItemType | text: <entity> 250.0 </entity> <entity type> monetaryItemType </entity type> <context> In February 2023, Nabors Delaware issued $ 250.0 million in aggregate principal amount of 1.75 % senior exchangeable notes due 2029, which are fully and unconditionally guaranteed by Nabors. The notes bear interest at a rate of 1.75 ... | us-gaap:DebtInstrumentCarryingAmount |
The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 212.51 per common share). Upon any exchange, Nabors will settle its exchange obligati... | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ ... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 212.51 per common share). Upon any exchange, Nabors will settle its exchange obligati... | text | 212.51 | perShareItemType | text: <entity> 212.51 </entity> <entity type> perShareItemType </entity type> <context> The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately... | us-gaap:DebtInstrumentConvertibleConversionPrice1 |
The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 212.51 per common share). Upon any exchange, Nabors will settle its exchange obligati... | text | 130 | percentItemType | text: <entity> 130 </entity> <entity type> percentItemType </entity type> <context> The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 2... | us-gaap:DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger |
The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 212.51 per common share). Upon any exchange, Nabors will settle its exchange obligati... | text | 20 | integerItemType | text: <entity> 20 </entity> <entity type> integerItemType </entity type> <context> The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 21... | us-gaap:DebtInstrumentConvertibleThresholdTradingDays |
The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 212.51 per common share). Upon any exchange, Nabors will settle its exchange obligati... | text | 30 | integerItemType | text: <entity> 30 </entity> <entity type> integerItemType </entity type> <context> The 1.75 % exchangeable notes are exchangeable, only under certain conditions, at an exchange rate of 4.7056 common shares of Nabors per $1,000 principal amount of exchangeable notes (equivalent to an exchange price of approximately $ 21... | us-gaap:DebtInstrumentConvertibleThresholdConsecutiveTradingDays1 |
The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of the consolidated property, plant and equipment of the Company. The facility matures on t... | text | 7.375 | percentItemType | text: <entity> 7.375 </entity> <entity type> percentItemType </entity type> <context> The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of th... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of the consolidated property, plant and equipment of the Company. The facility matures on t... | text | 7.50 | percentItemType | text: <entity> 7.50 </entity> <entity type> percentItemType </entity type> <context> The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of the... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of the consolidated property, plant and equipment of the Company. The facility matures on t... | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> The Company is required to maintain an interest coverage ratio (EBITDA/interest expense) of 2.75 :1.00, and a minimum guarantor value, requiring the guarantors (other than the Company) and their subsidiaries to own at least 90 % of the... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 was 8.04 %. In order to make any future borrowings under the 2024 Credit Agreement, Nab... | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 was... | us-gaap:LineOfCredit |
As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 was 8.04 %. In order to make any future borrowings under the 2024 Credit Agreement, Nab... | text | 51.6 | monetaryItemType | text: <entity> 51.6 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 w... | us-gaap:LettersOfCreditOutstandingAmount |
As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 was 8.04 %. In order to make any future borrowings under the 2024 Credit Agreement, Nab... | text | 8.04 | percentItemType | text: <entity> 8.04 </entity> <entity type> percentItemType </entity type> <context> As of December 31, 2024, we had no borrowings and $ 51.6 million of letters of credit outstanding under our 2024 Credit Agreement. The weighted average interest rate on borrowings under the 2024 Credit Agreement at December 31, 2024 wa... | us-gaap:DebtWeightedAverageInterestRate |
Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well as changes in the amount and the geographic mix of our pre-tax earnings (losses) in th... | text | 56.9 | monetaryItemType | text: <entity> 56.9 </entity> <entity type> monetaryItemType </entity type> <context> Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well ... | us-gaap:IncomeTaxExpenseBenefit |
Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well as changes in the amount and the geographic mix of our pre-tax earnings (losses) in th... | text | 79.2 | monetaryItemType | text: <entity> 79.2 </entity> <entity type> monetaryItemType </entity type> <context> Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well ... | us-gaap:IncomeTaxExpenseBenefit |
Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well as changes in the amount and the geographic mix of our pre-tax earnings (losses) in th... | text | 11.8 | monetaryItemType | text: <entity> 11.8 </entity> <entity type> monetaryItemType </entity type> <context> Our worldwide income tax expense for 2024 was $ 56.9 million compared to $ 79.2 million for 2023. The decrease in tax expense was primarily attributable to tax expense of $ 11.8 million in 2023 related to an audit settlement as well ... | us-gaap:IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority |
As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire between 2025 and 2045 if not utilized. We provide a valuation allowance against NOL carryfo... | text | 599.5 | monetaryItemType | text: <entity> 599.5 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire betw... | us-gaap:OperatingLossCarryforwards |
As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire between 2025 and 2045 if not utilized. We provide a valuation allowance against NOL carryfo... | text | 792.4 | monetaryItemType | text: <entity> 792.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire betw... | us-gaap:OperatingLossCarryforwards |
As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire between 2025 and 2045 if not utilized. We provide a valuation allowance against NOL carryfo... | text | 16.3 | monetaryItemType | text: <entity> 16.3 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire betwe... | us-gaap:OperatingLossCarryforwards |
As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire between 2025 and 2045 if not utilized. We provide a valuation allowance against NOL carryfo... | text | 7.9 | monetaryItemType | text: <entity> 7.9 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire betwee... | us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration |
As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire between 2025 and 2045 if not utilized. We provide a valuation allowance against NOL carryfo... | text | 3.8 | monetaryItemType | text: <entity> 3.8 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had federal, state, and foreign net operating loss (“NOL”) carryforwards of approximately $ 599.5 million, $ 792.4 million and $ 16.3 billion, respectively. Of those amounts, $ 7.9 billion will expire betwee... | us-gaap:OperatingLossCarryforwardsValuationAllowance |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 23.3 | monetaryItemType | text: <entity> 23.3 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 milli... | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 8.2 | monetaryItemType | text: <entity> 8.2 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 millio... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 11.1 | monetaryItemType | text: <entity> 11.1 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 milli... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 17.0 | monetaryItemType | text: <entity> 17.0 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 milli... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 2.9 | monetaryItemType | text: <entity> 2.9 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 millio... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 6.0 | monetaryItemType | text: <entity> 6.0 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 millio... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 2.6 | monetaryItemType | text: <entity> 2.6 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 millio... | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 10.0 | monetaryItemType | text: <entity> 10.0 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 milli... | us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities |
If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 million, respectively, of interest and penalties related to uncertain tax positions. During... | text | 1.8 | monetaryItemType | text: <entity> 1.8 </entity> <entity type> monetaryItemType </entity type> <context> If the unrecognized tax benefits of $ 23.3 million are realized, this would favorably impact the worldwide effective tax rate. As of December 31, 2024, 2023 and 2022, we had approximately $ 8.2 million, $ 11.1 million and $ 17.0 millio... | us-gaap:IncomeTaxExaminationPenaltiesAndInterestAccrued |
Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in one or more classes or series, full, limited or no voting rights, designations, prefe... | text | 32.0 | sharesItemType | text: <entity> 32.0 </entity> <entity type> sharesItemType </entity type> <context> Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in o... | us-gaap:CommonStockSharesAuthorized |
Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in one or more classes or series, full, limited or no voting rights, designations, prefe... | text | 0.05 | perShareItemType | text: <entity> 0.05 </entity> <entity type> perShareItemType </entity type> <context> Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in... | us-gaap:CommonStockParOrStatedValuePerShare |
Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in one or more classes or series, full, limited or no voting rights, designations, prefe... | text | 25.0 | sharesItemType | text: <entity> 25.0 </entity> <entity type> sharesItemType </entity type> <context> Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in o... | us-gaap:PreferredStockSharesAuthorized |
Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable in one or more classes or series, full, limited or no voting rights, designations, prefe... | text | 0.001 | perShareItemType | text: <entity> 0.001 </entity> <entity type> perShareItemType </entity type> <context> Our authorized share capital consists of 57.0 million shares of which 32.0 million are common shares, par value $ 0.05 per share, and 25.0 million are preferred shares, par value $ 0.001 per share. The preferred shares are issuable i... | us-gaap:PreferredStockParOrStatedValuePerShare |
On May 27, 2021, the Board declared a distribution of warrants to purchase its common shares (the “Warrants”) to holders of the Company’s common shares. Holders of Nabors common shares received two -fifths of a warrant per common share held as of the record date (rounded down for any fractional warrant). Nabors issued... | text | 2.5 | sharesItemType | text: <entity> 2.5 </entity> <entity type> sharesItemType </entity type> <context> On May 27, 2021, the Board declared a distribution of warrants to purchase its common shares (the “Warrants”) to holders of the Company’s common shares. Holders of Nabors common shares received two -fifths of a warrant per common share ... | us-gaap:ClassOfWarrantOrRightOutstanding |
Each Warrant represents the right to purchase one common share at an initial exercise price of $ 166.66667 per Warrant, subject to certain adjustments (the “Exercise Price”). Payment of the exercise price may be in cash at this time. The Exercise Price and the number of common shares issuable upon exercise are subject ... | text | one | sharesItemType | text: <entity> one </entity> <entity type> sharesItemType </entity type> <context> Each Warrant represents the right to purchase one common share at an initial exercise price of $ 166.66667 per Warrant, subject to certain adjustments (the “Exercise Price”). Payment of the exercise price may be in cash at this time. The... | us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight |
Each Warrant represents the right to purchase one common share at an initial exercise price of $ 166.66667 per Warrant, subject to certain adjustments (the “Exercise Price”). Payment of the exercise price may be in cash at this time. The Exercise Price and the number of common shares issuable upon exercise are subject ... | text | 166.66667 | perShareItemType | text: <entity> 166.66667 </entity> <entity type> perShareItemType </entity type> <context> Each Warrant represents the right to purchase one common share at an initial exercise price of $ 166.66667 per Warrant, subject to certain adjustments (the “Exercise Price”). Payment of the exercise price may be in cash at this t... | us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 |
The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until... | text | 9.0 | monetaryItemType | text: <entity> 9.0 </entity> <entity type> monetaryItemType </entity type> <context> The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting p... | us-gaap:WarrantsAndRightsOutstanding |
The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until... | text | 25.9 | monetaryItemType | text: <entity> 25.9 </entity> <entity type> monetaryItemType </entity type> <context> The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting ... | us-gaap:WarrantsAndRightsOutstanding |
The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until... | text | 16.9 | monetaryItemType | text: <entity> 16.9 </entity> <entity type> monetaryItemType </entity type> <context> The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting ... | us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet |
The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until... | text | 54.7 | monetaryItemType | text: <entity> 54.7 </entity> <entity type> monetaryItemType </entity type> <context> The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting ... | us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet |
The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until... | text | 99.2 | monetaryItemType | text: <entity> 99.2 </entity> <entity type> monetaryItemType </entity type> <context> The Warrants are recognized as derivative liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the Warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting ... | us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet |
During 2017, Nabors and Saudi Aramco each contributed $ 20 million in cash for the purpose of capitalizing the joint venture upon formation. In addition, since inception Nabors and Saudi Aramco have each contributed a combination of drilling rigs, drilling rig equipment and other assets, including cash, each with a val... | text | 20 | monetaryItemType | text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> During 2017, Nabors and Saudi Aramco each contributed $ 20 million in cash for the purpose of capitalizing the joint venture upon formation. In addition, since inception Nabors and Saudi Aramco have each contributed a combination of dri... | us-gaap:PaymentsToAcquireInterestInJointVenture |
in equity and Saudi Aramco’s share of the redeemable ownership interests as redeemable noncontrolling interest in subsidiary, classified as mezzanine equity. As of December 31, 2024 and December 31, 2023, the amount included in redeemable noncontrolling interest was $ 453.3 million and $ 423.6 million, respectively. Th... | text | 453.3 | monetaryItemType | text: <entity> 453.3 </entity> <entity type> monetaryItemType </entity type> <context> in equity and Saudi Aramco’s share of the redeemable ownership interests as redeemable noncontrolling interest in subsidiary, classified as mezzanine equity. As of December 31, 2024 and December 31, 2023, the amount included in redee... | us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount |
in equity and Saudi Aramco’s share of the redeemable ownership interests as redeemable noncontrolling interest in subsidiary, classified as mezzanine equity. As of December 31, 2024 and December 31, 2023, the amount included in redeemable noncontrolling interest was $ 453.3 million and $ 423.6 million, respectively. Th... | text | 423.6 | monetaryItemType | text: <entity> 423.6 </entity> <entity type> monetaryItemType </entity type> <context> in equity and Saudi Aramco’s share of the redeemable ownership interests as redeemable noncontrolling interest in subsidiary, classified as mezzanine equity. As of December 31, 2024 and December 31, 2023, the amount included in redee... | us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount |
Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these individuals and, in some instances, members of their families. These agreements provide... | text | 6.6 | monetaryItemType | text: <entity> 6.6 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these in... | us-gaap:PaymentToAcquireLifeInsurancePolicyOperatingActivities |
Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these individuals and, in some instances, members of their families. These agreements provide... | text | 4.7 | monetaryItemType | text: <entity> 4.7 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these in... | us-gaap:CashSurrenderValueOfLifeInsurance |
Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these individuals and, in some instances, members of their families. These agreements provide... | text | 4.9 | monetaryItemType | text: <entity> 4.9 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and certain current and former key employees, including Mr. Petrello, entered into split-dollar life insurance agreements, pursuant to which we pay a portion of the premiums under life insurance policies with respect to these in... | us-gaap:CashSurrenderValueOfLifeInsurance |
In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related to our former equity method investment in Nabors Arabia. During 2017, our joint ventur... | text | 881.8 | monetaryItemType | text: <entity> 881.8 </entity> <entity type> monetaryItemType </entity type> <context> In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related... | us-gaap:RevenueNotFromContractWithCustomer |
In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related to our former equity method investment in Nabors Arabia. During 2017, our joint ventur... | text | 782.7 | monetaryItemType | text: <entity> 782.7 </entity> <entity type> monetaryItemType </entity type> <context> In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related... | us-gaap:RevenueNotFromContractWithCustomer |
In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related to our former equity method investment in Nabors Arabia. During 2017, our joint ventur... | text | 682.7 | monetaryItemType | text: <entity> 682.7 </entity> <entity type> monetaryItemType </entity type> <context> In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related... | us-gaap:RevenueNotFromContractWithCustomer |
In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related to our former equity method investment in Nabors Arabia. During 2017, our joint ventur... | text | 115.9 | monetaryItemType | text: <entity> 115.9 </entity> <entity type> monetaryItemType </entity type> <context> In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related... | us-gaap:AccountsReceivableGross |
In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related to our former equity method investment in Nabors Arabia. During 2017, our joint ventur... | text | 92.7 | monetaryItemType | text: <entity> 92.7 </entity> <entity type> monetaryItemType </entity type> <context> In the ordinary course of business, we enter into various rig leases, rig transportation and related oilfield services agreements with our unconsolidated affiliates at market prices. Historically, these transactions primarily related ... | us-gaap:AccountsReceivableGross |
In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some of which have provided services to us in the ordinary course of business, including i... | text | 7.9 | monetaryItemType | text: <entity> 7.9 </entity> <entity type> monetaryItemType </entity type> <context> In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some ... | us-gaap:OperatingCostsAndExpenses |
In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some of which have provided services to us in the ordinary course of business, including i... | text | 13.2 | monetaryItemType | text: <entity> 13.2 </entity> <entity type> monetaryItemType </entity type> <context> In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some... | us-gaap:OperatingCostsAndExpenses |
In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some of which have provided services to us in the ordinary course of business, including i... | text | 11.4 | monetaryItemType | text: <entity> 11.4 </entity> <entity type> monetaryItemType </entity type> <context> In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some... | us-gaap:OperatingCostsAndExpenses |
In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some of which have provided services to us in the ordinary course of business, including i... | text | 1.8 | monetaryItemType | text: <entity> 1.8 </entity> <entity type> monetaryItemType </entity type> <context> In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some ... | us-gaap:AccountsPayableCurrentAndNoncurrent |
In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some of which have provided services to us in the ordinary course of business, including i... | text | 2.0 | monetaryItemType | text: <entity> 2.0 </entity> <entity type> monetaryItemType </entity type> <context> In addition, Mr. Crane, one of our independent directors, is Chairman and Chief Executive Officer of Crane Capital Group Inc. (“CCG”), an investment company that indirectly owns a majority interest in several operating companies, some ... | us-gaap:AccountsPayableCurrentAndNoncurrent |
Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million and $ 15.0 million for the years ended December 31, 2024, 2023 and 2022, respectively. ... | text | 15.7 | monetaryItemType | text: <entity> 15.7 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million a... | us-gaap:OperatingLeaseExpense |
Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million and $ 15.0 million for the years ended December 31, 2024, 2023 and 2022, respectively. ... | text | 17.2 | monetaryItemType | text: <entity> 17.2 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million a... | us-gaap:OperatingLeaseExpense |
Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million and $ 15.0 million for the years ended December 31, 2024, 2023 and 2022, respectively. ... | text | 15.0 | monetaryItemType | text: <entity> 15.0 </entity> <entity type> monetaryItemType </entity type> <context> Nabors and its subsidiaries occupy various facilities and lease certain equipment under various lease agreements. Rental expense relating to operating leases with terms greater than 30 days amounted to $ 15.7 million, $ 17.2 million a... | us-gaap:OperatingLeaseExpense |
In March 2011, the Court of Ouargla entered a judgment of approximately $ 20.8 million (at December 31, 2024 exchange rates) against us relating to alleged violations of Algeria’s foreign currency exchange controls, which require that goods and services provided locally be invoiced and paid in local currency. The case ... | text | 20.8 | monetaryItemType | text: <entity> 20.8 </entity> <entity type> monetaryItemType </entity type> <context> In March 2011, the Court of Ouargla entered a judgment of approximately $ 20.8 million (at December 31, 2024 exchange rates) against us relating to alleged violations of Algeria’s foreign currency exchange controls, which require that... | us-gaap:LitigationSettlementAmountAwardedToOtherParty |
Diluted earnings (losses) per share is computed using the weighted-average number of common and common equivalent shares outstanding during the periods utilizing the two-class method for stock options and unvested restricted shares and the if-converted method for the 1.75 % senior exchangeable notes due June 2029 as th... | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> Diluted earnings (losses) per share is computed using the weighted-average number of common and common equivalent shares outstanding during the periods utilizing the two-class method for stock options and unvested restricted shares and... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Additionally for the years ended December 31, 2024 and 2023, we excluded 1.2 million common shares from the computation of diluted shares related to the conversion of the 1.75 % senior exchangeable notes due June 2029, because their effect would be anti-dilutive under the if-converted method, respectively. | text | 1.75 | percentItemType | text: <entity> 1.75 </entity> <entity type> percentItemType </entity type> <context> Additionally for the years ended December 31, 2024 and 2023, we excluded 1.2 million common shares from the computation of diluted shares related to the conversion of the 1.75 % senior exchangeable notes due June 2029, because their ef... | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Our business consists of four reportable segments: U.S. Drilling, International Drilling, Drilling Solutions and Rig Technologies. Our reportable segments include operating segments that have been aggregated based on the nature of the products and services provided. The accounting policies of the segments are the same... | text | four | integerItemType | text: <entity> four </entity> <entity type> integerItemType </entity type> <context> Our business consists of four reportable segments: U.S. Drilling, International Drilling, Drilling Solutions and Rig Technologies. Our reportable segments include operating segments that have been aggregated based on the nature of the ... | us-gaap:NumberOfReportableSegments |
During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material to our consolidated operating revenue during any of the three periods presented. | text | 927.7 | monetaryItemType | text: <entity> 927.7 </entity> <entity type> monetaryItemType </entity type> <context> During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material t... | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material to our consolidated operating revenue during any of the three periods presented. | text | 821.1 | monetaryItemType | text: <entity> 821.1 </entity> <entity type> monetaryItemType </entity type> <context> During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material t... | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material to our consolidated operating revenue during any of the three periods presented. | text | 712.8 | monetaryItemType | text: <entity> 712.8 </entity> <entity type> monetaryItemType </entity type> <context> During the years ended December 31, 2024, 2023 and 2022, $ 927.7 million, $ 821.1 million and $ 712.8 million of our consolidated operating revenue was from Saudi Arabia. No other individual country outside of the U.S. was material t... | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
One customer accounted for approximately 31 %, 26 % and 26 % of our consolidated operating revenues during the years ended December 31, 2024, 2023 and 2022, respectively, and is included primarily in our International Drilling reportable segment. | text | 31 | percentItemType | text: <entity> 31 </entity> <entity type> percentItemType </entity type> <context> One customer accounted for approximately 31 %, 26 % and 26 % of our consolidated operating revenues during the years ended December 31, 2024, 2023 and 2022, respectively, and is included primarily in our International Drilling reportable... | us-gaap:ConcentrationRiskPercentage1 |
One customer accounted for approximately 31 %, 26 % and 26 % of our consolidated operating revenues during the years ended December 31, 2024, 2023 and 2022, respectively, and is included primarily in our International Drilling reportable segment. | text | 26 | percentItemType | text: <entity> 26 </entity> <entity type> percentItemType </entity type> <context> One customer accounted for approximately 31 %, 26 % and 26 % of our consolidated operating revenues during the years ended December 31, 2024, 2023 and 2022, respectively, and is included primarily in our International Drilling reportable... | us-gaap:ConcentrationRiskPercentage1 |
Approximately 69 % of the contract liability balance at the beginning of the period was recognized as revenue during 2024 and 18 % is expected to be recognized in 2025 . The remaining 13 % of the contract liability balance at the beginning of the period is expected to be recognized as revenue during 2026 or thereafter. | text | 18 | percentItemType | text: <entity> 18 </entity> <entity type> percentItemType </entity type> <context> Approximately 69 % of the contract liability balance at the beginning of the period was recognized as revenue during 2024 and 18 % is expected to be recognized in 2025 . The remaining 13 % of the contract liability balance at the beginni... | us-gaap:RevenueRemainingPerformanceObligationPercentage |
Approximately 69 % of the contract liability balance at the beginning of the period was recognized as revenue during 2024 and 18 % is expected to be recognized in 2025 . The remaining 13 % of the contract liability balance at the beginning of the period is expected to be recognized as revenue during 2026 or thereafter. | text | 13 | percentItemType | text: <entity> 13 </entity> <entity type> percentItemType </entity type> <context> Approximately 69 % of the contract liability balance at the beginning of the period was recognized as revenue during 2024 and 18 % is expected to be recognized in 2025 . The remaining 13 % of the contract liability balance at the beginni... | us-gaap:RevenueRemainingPerformanceObligationPercentage |
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