Parker Wellbore Annual report pursuant to Section 13 and 15(d)

Property Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2018

The components of our property, plant and equipment balance are as follows:



	December 31,
Dollars in Thousands	2018		2017
Property, plant and equipment, at cost:
Drilling equipment	$	720,037	$	1,228,443
Rental tools	581,107		552,461
Building, land and improvements	58,193		60,309
Other	115,977		115,910
Construction in progress	10,855		11,753
Total property, plant and equipment, at cost	1,486,169		1,968,876
Less: Accumulated depreciation and amortization	951,798		1,343,105
Property, plant, and equipment, net	$	534,371	$	625,771