Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v3.20.2
Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment as of September 30, 2020 and December 31, 2019 consisted of the following (in thousands):

 

 

 

Estimated

Useful

Life

 

September 30, 2020

 

 

December 31, 2019

 

Fracturing equipment

 

1.5 to 25 years

 

$

258,218

 

 

$

651,162

 

Light duty vehicles

 

5 years

 

 

2,184

 

 

 

8,188

 

Furniture and fixtures

 

5 years

 

 

67

 

 

 

277

 

IT equipment

 

3 years

 

 

1,676

 

 

 

6,724

 

Auxiliary equipment

 

2 to 20 years

 

 

12,720

 

 

 

38,502

 

Leasehold improvements

 

Term of lease

 

 

287

 

 

 

725

 

 

 

 

 

 

275,152

 

 

 

705,578

 

Less: Accumulated depreciation and amortization

 

 

 

 

(32,342

)

 

 

(263,968

)

Property and equipment, net

 

 

 

$

242,810

 

 

$

441,610