| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2025-10-01 | North America | North America Solutions | USD 98 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap 30 rigs and auxiliary equipment. Charge represents non-cash impairment/write-down to fair value less cost to sell. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2025-10-01 | Offshore | Offshore Solutions | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap three rigs. Charge represents non-cash impairment/write-down to fair value less cost to sell. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-03-01 | International | International Solutions | USD 23 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Identification of one international drilling rig for sale/scrap. Charge represents write-down to scrap value. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-06-01 | International | International Solutions | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Identification of two additional international drilling rigs for sale/scrap. Charge represents write-down to fair value less cost to sell. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | North America Solutions [Member] | USD 393,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | International Solutions Segment [Member] | USD 498,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Offshore Solutions [Member] | USD 58,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Operating Segments [Member] | USD 949,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | 2025-10-01 | North America | North America Solutions | USD 98 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap 30 rigs and auxiliary equipment. Non-cash impairment charge of $97.9 million recognized. Employee count not disclosed. | |||
| 2026-03-31 | restructuring | in_progress | 2025-10-01 | International | International Solutions | USD 26 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Identification of assets held-for-sale including six land rigs. Non-cash impairment charge of $26.1 million recognized. Employee count not disclosed. | |||
| 2026-03-31 | restructuring | in_progress | 2025-10-01 | Offshore | Offshore Solutions | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap three rigs. Non-cash impairment charge of $2.1 million recognized. Employee count not disclosed. | |||
| 2026-03-31 | restructuring | in_progress | North America Solutions [Member] | USD 402,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | International Solutions Segment [Member] | USD 302,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Offshore Solutions [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Operating Segments [Member] | USD 704,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | International | International Solutions | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge of $1,318 thousand recorded in International Solutions for the quarter; no employee count or completion date disclosed. | ||||
| 2025-12-31 | restructuring | in_progress | United States | Other (BENTEC manufacturing/engineering, real estate, captive insurance) | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge of $273 thousand recorded in Other segment for the quarter; no employee count or completion date disclosed. | ||||
| 2025-12-31 | restructuring | completed | 2025-12-31 | 2025-12-31 | North America | North America Solutions | USD 98 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap 30 rigs and auxiliary equipment; 10 previously decommissioned. Non-cash impairment charge recognized. | ||
| 2025-12-31 | restructuring | completed | 2025-12-31 | 2025-12-31 | Offshore | Offshore Solutions | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to scrap three rigs. Non-cash impairment charge recognized. | ||
| 2025-12-31 | restructuring | completed | 2025-12-31 | 2025-12-31 | International | International Solutions | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges recorded in International Solutions segment. | ||
| 2025-12-31 | restructuring | in_progress | North America Solutions [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | International Solutions Segment [Member] | USD 1,318,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Offshore Solutions [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Operating Segments [Member] | USD 1,318,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | reduction_in_force | in_progress | USD 12 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Workforce reduction plan initiated in the third quarter of fiscal 2025 (April–June 2025) to improve operating margins by cutting direct and indirect support costs; costs were primarily one-time severance for involuntarily terminated employees. No affected-employee count or completion timeline disclosed. Exact charge $12.131 million; per Note 17 segment disclosures, charges of approximately $4.1M (North America Solutions), $4.9M (International Solutions), $0.3M (Offshore Solutions) and $0.5M (Other), with the remainder of the $12.1M in corporate. | ||||||
| 2025-09-30 | acquisition_addition | completed | 2024-07-25 | 2025-01-16 | International — Middle East, South America, Europe, Northern Africa; plus North Sea offshore management contracts | International Solutions (land operations), Offshore Solutions (management contract operations), Other (BENTEC manufacturing and engineering) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of KCA Deutag closed January 16, 2025 (deal announced July 25, 2024); expected_completion_date reflects the actual closing date on which the workforce addition became effective. Aggregate cash consideration approximately $2.0 billion. Acquired-employee headcount is not separately disclosed; the acquisition expanded the workforce into the Middle East, South America, Europe and Africa and introduced unionized international employees and non-US pension/end-of-service benefit obligations. | |||
| 2025-09-30 | restructuring | in_progress | Primarily United States | Direct and indirect support functions across all segments | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan initiated in the third quarter of fiscal 2025; specific announcement date, employee count, and completion date not disclosed. Charge comprises one-time severance for involuntarily terminated employees; segment charges were $4.1M North America, $4.9M International, $0.3M Offshore, $0.5M Other, with the remainder at corporate. | ||||
| 2025-09-30 | acquisition_addition | completed | 2024-07-25 | 2025-01-16 | Middle East, South America, Europe, Northern Africa, North Sea and other international locations | International Solutions, Offshore Solutions, and Other (BENTEC manufacturing and engineering) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of KCA Deutag International Limited closed January 16, 2025 for approximately $2.0 billion cash consideration; results included for 258 days of the fiscal year. Headcount added through the acquisition is not disclosed; international headcount of approximately 9,500 at year-end reflects the acquired workforce. | |||
| 2025-09-30 | restructuring | completed | 2025-07-01 | 2025-09-30 | Global | Various | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q3 FY2025. Charge primarily for one-time severance payments to involuntarily terminated employees. Employee count not disclosed. | ||
| 2025-09-30 | acquisition_addition | completed | 2025-01-16 | 2025-01-16 | Global | Various | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of KCA Deutag. Specific headcount added not disclosed in filing, but total employee count increased significantly. | |||
| 2025-09-30 | restructuring | in_progress | North America Solutions [Member] | USD 4,121,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | International Solutions Segment [Member] | USD 4,945,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Offshore Gulfof Mexico [Member] | USD 266,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] | USD 9,332,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Direct and indirect support functions | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan begun in Q3 FY2025 to reduce support costs; charges are primarily one-time severance for involuntarily terminated employees. No employee count, announcement date, or completion date disclosed. | |||||
| 2025-06-30 | acquisition_addition | completed | 2025-01-16 | 2025-01-16 | Middle East, Europe, South America, Northern Africa, North Sea | International Solutions, Offshore Solutions, Other (Kenera) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | KCA Deutag acquisition closed 2025-01-16 for ~$2.0B cash consideration; acquired workforce headcount not disclosed in this filing. | |||
| 2025-06-30 | restructuring | in_progress | 2025-04-01 | Global | Direct and indirect support costs | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q3 FY25 to improve operating margins; costs primarily related to one-time severance payments to involuntarily terminated employees. | |||
| 2025-03-31 | acquisition_addition | completed | 2025-01-16 | Global (Middle East, Europe, South America, Africa, North Sea) | International Solutions, Offshore Solutions, Other (Kenera) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | KCA Deutag acquisition closed 2025-01-16; no employee headcount added disclosed in filing. | ||||
| 2025-03-31 | acquisition_addition | completed | 2025-01-16 | Global | All Segments | USD 2,036 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | H&P completed acquisition of KCA Deutag International Limited. Total cash consideration was approximately $2.0 billion. Specific headcount added is not disclosed in the 10-Q. | |||
| 2024-12-31 | acquisition_addition | completed | 2024-07-25 | 2025-01-16 | Global (Middle East, South America, Europe, Africa, North Sea, Angola, Azerbaijan, Canada) | International Solutions; Offshore Solutions (management contracts); Kenera manufacturing/engineering | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 2025-01-16 for ~$2.0 billion cash consideration; no employee headcount acquired disclosed. Business combination accounting incomplete at filing date. Post-close, International Solutions contracted rigs expected to rise to ~89 from 20; Offshore segment to ~37 from six. | |||
| 2024-09-30 | acquisition_addition | announced | 2024-07-25 | 2024-12-31 | Global — KCA Deutag land drilling in the Middle East, South America, Europe and Africa; offshore management contracts in the North Sea, Angola, Azerbaijan and Canada | Land drilling; asset-light offshore management contracts; Kenera manufacturing and engineering (including Bentec) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Purchase Agreement signed July 25, 2024 for roughly $2.0 billion total cash consideration, comprising a $0.9 billion share purchase price plus $1.1 billion to retire certain KCA Deutag debt. Transaction was pending at fiscal year-end, with closing expected before calendar year-end 2024 subject to customary conditions and regulatory approvals. No employee headcount impact was disclosed; completion would add KCA Deutag's global workforce and substantially expand the Company's Middle East and offshore management contract presence. | |||
| 2024-09-30 | acquisition_addition | announced | 2024-07-25 | 2024-12-31 | Middle East, South America, Europe, Africa, North Sea | International Solutions / drilling and offshore management services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of KCA Deutag for approximately $2.0 billion total cash consideration; expected to close prior to calendar 2024 year end. No employee headcount associated with the transaction is disclosed. Approximately $15.0 million of acquisition transaction costs recognized in FY2024 (legal and advisory), not severance. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-25 | 2024-12-31 | Global (KCA Deutag operations) | Drilling services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire KCA Deutag for ~$946.4M cash; no headcount disclosed. Closing expected before end of calendar 2024, subject to antitrust and other conditions. | |||
| 2022-09-30 | divestiture_reduction | completed | 2021 | 2021-11-15 | North America Solutions — FlexServices (trucking and casing running services) | USD 3 (millions) | other f5-10k / GLM-5.3-flash-HTML | Plan to divest two lower-margin service lines was formalized during fiscal 2021 (assets classified as held-for-sale at 2021-09-30 with a $14.4M impairment) and executed in fiscal 2022 via two transactions: trucking assets sold 2021-11-03 and casing running assets sold 2021-11-15, producing a combined $3.4M loss on sale recognized in fiscal 2022. Headcount impact is not disclosed; the filing frames the action as an asset sale. Prior-year restructuring items (IT reorganization, Argentina voluntary separation program, Houston facility relocation) are attributed to fiscal 2021 and excluded to avoid double-counting; the $0.8M fiscal 2022 restructuring charge is not tied to any described workforce action. | |||
| 2022-09-30 | restructuring | in_progress | USD 1 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 restructuring charges of $0.8 million (income statement: $838 thousand); no employee counts, scope, or timeline disclosed for FY2022 activity. | ||||||
| 2022-09-30 | divestiture_reduction | completed | 2021-10-01 | 2021-11-03 | United States | North America Solutions — trucking services | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of trucking service assets closed 2021-11-03; associated $14.4 million impairment was recorded in FY2021. Headcount impact not disclosed. | |||
| 2022-09-30 | divestiture_reduction | completed | 2021-10-01 | 2021-11-15 | United States | North America Solutions — casing running services | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of casing running service assets closed 2021-11-15 for $6.0 million less costs to sell, resulting in a $3.4 million loss in FY2022. Headcount impact not disclosed. | |||
| 2022-09-30 | restructuring | completed | 2022-01-01 | 2022-09-30 | North America | North America Solutions | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Incurred $0.5 million in restructuring charges during fiscal year 2022. | ||
| 2022-09-30 | restructuring | completed | 2022-01-01 | 2022-09-30 | Corporate | Corporate | USD 0 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Total restructuring charges were $0.8 million for fiscal year 2022, with $0.5 million in North America Solutions and remaining in Corporate/Other. | ||
| 2022-06-30 | restructuring | completed | North America | North America Solutions | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Incurred $0.5 million in restructuring charges during the nine months ended June 30, 2022. Employee count not disclosed. | ||||
| 2022-06-30 | restructuring | completed | North America | North America Solutions | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Incurred $0.03 million in restructuring charges during the three months ended June 30, 2022. Employee count not disclosed. | ||||
| 2022-03-31 | restructuring | completed | North America | North America Solutions | USD 1 (millions) | financial_statements f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $0.8 million recognized for the six months ended March 31, 2022. No specific employee count disclosed. | ||||
| 2021-12-31 | restructuring | completed | North America | North America Solutions | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $0.5 million recognized in Q1 FY2022. | ||||
| 2021-12-31 | restructuring | completed | Corporate | Corporate | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring charges included in unallocated amounts. | ||||
| 2021-09-30 | restructuring | in_progress | 2020-10-01 | United States | Corporate — Information Technology | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | IT operations reorganized in Q2 FY2021 with select functions moved to a managed service provider; severance for involuntarily terminated employees, some termination dates extending beyond 2021-09-30. Combined IT reorganization and Argentina separation program costs were $1.5 million; not split between the two programs. | ||||
| 2021-09-30 | voluntary_separation | completed | 2020-10-01 | Argentina | International Solutions | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation program commenced in Q3 FY2021 at the local Argentina office; one-time severance for voluntary terminations. Combined with the IT reorganization, total costs were $1.5 million. Footnote shows $0.2 million of employee termination benefits in the International Solutions segment for FY2021. | ||||
| 2021-09-30 | restructuring | completed | 2020-10-01 | United States | North America Solutions — assembly and storage facilities | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | One-time moving expenses from downsizing and relocating the Houston assembly facility (new Galena Park, TX lease commenced 2021-01-01) and downsizing storage yards for idle rigs. Footnote reports $4,450 thousand of other restructuring expenses; MD&A rounds this to $4.5 million. | |||
| 2021-09-30 | divestiture_reduction | completed | 2021-11-03 | 2021-11-03 | United States | North America Solutions — trucking services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of lower-margin trucking service assets closed after fiscal year-end; assets had been written down to fair value less cost to sell and classified held-for-sale at 2021-09-30. No headcount disclosed. | |||
| 2021-09-30 | divestiture_reduction | completed | 2021-11-15 | 2021-11-15 | United States | North America Solutions — casing running services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of lower-margin casing running service assets closed after fiscal year-end for combined cash consideration with the trucking sale of $5.8 million less costs to sell, plus possible earnout. Trucking and casing running together contributed about 2.8% of FY2021 consolidated revenue. No headcount disclosed. | |||
| 2021-09-30 | other | completed | 1,800 | 2020-10-01 | 2021-09-30 | United States | Rig-based field operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,800 former employees were recalled during fiscal 2021 as activity recovered; described as recalls of experienced prior employees rather than external hires. | ||
| 2021-09-30 | restructuring | completed | 2021-06-30 | 2021-09-30 | United States | IT Operations | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | IT reorganization and move to managed service provider. Charge includes severance for involuntarily terminated employees. | ||
| 2021-09-30 | voluntary_separation | completed | 2021-07-01 | 2021-09-30 | Argentina | International Solutions | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary separation program at local office in Argentina. Included in total $1.5M severance charge. | |||
| 2021-09-30 | restructuring | completed | 2021-10-01 | 2021-09-30 | United States | Operations | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | One-time moving expenses due to downsizing and relocation of Houston assembly facility and storage yards. | ||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / North America Solutions [Member] | USD 54,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / International Solutions Segment [Member] | USD 207,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Employee Severance [Member] | USD 1,215,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 1,476,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / Other Restructuring [Member] / North America Solutions [Member] | USD 3,815,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / Other Restructuring [Member] / International Solutions Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Other Restructuring [Member] | USD 635,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 4,450,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / North America Solutions [Member] | USD 3,869,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Operating Segments [Member] / International Solutions Segment [Member] | USD 207,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 1,850,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | USD 5,926,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-06-30 | restructuring | in_progress | 2021-01-01 | United States | Corporate / IT | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IT operations reorganized with select functions moved to a managed service provider; includes one-time severance for involuntary terminations, some extending beyond quarter-end. Charge shown is Q3 FY2021 total across all segments. | |||
| 2021-06-30 | voluntary_separation | in_progress | 2021-04-01 | Argentina | International Solutions | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation program commenced at local Argentina office during Q3 FY2021; one-time severance charges for voluntary terminations. Charge shown is Q3 FY2021 International Solutions restructuring total. | |||
| 2021-06-30 | plant_closure | in_progress | 2021-01-01 | United States | North America Solutions — Houston assembly facility | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Houston assembly facility downsized and relocated; new Galena Park, TX lease commenced 2021-01-01. Charge shown is nine-month FY2021 North America Solutions restructuring total, primarily moving-related expenses. | |||
| 2021-06-30 | restructuring | in_progress | 2021-04-01 | North America | IT Operations | USD 1,387 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reorganization of IT operations and moving select functions to a managed service provider. Charges include severance benefits and moving expenses related to downsizing Houston assembly facility. | |||
| 2021-06-30 | voluntary_separation | in_progress | 2021-04-01 | Argentina | International Solutions | USD 207 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary separation program at local office in Argentina. Charges incurred for employees who were voluntarily terminated. | |||
| 2021-06-30 | restructuring | in_progress | 2021-04-01 | Corporate | Corporate | USD 516 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | One-time severance benefits to employees who were involuntarily terminated as part of ongoing cost structure measures. | |||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / North America Solutions [Member] | USD 10,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / International Solutions Segment [Member] | USD 207,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Employee Severance [Member] | USD 516,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 733,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / Other Restructuring [Member] / North America Solutions [Member] | USD 1,377,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / Other Restructuring [Member] / International Solutions Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 1,377,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / North America Solutions [Member] | USD 1,387,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Operating Segments [Member] / International Solutions Segment [Member] | USD 207,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 516,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | USD 2,110,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-03-31 | restructuring | in_progress | 2020-10-01 | United States | IT / Corporate; North America Solutions (Houston assembly facility) | USD 1,746 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated program covering IT reorganization with severance and Houston assembly facility downsizing/relocation. Charges of $1,608K in Q2 and $1,746K YTD. No employee count disclosed. Some terminations extend beyond quarter-end. | |||
| 2021-03-31 | restructuring | in_progress | 2021-03-31 | United States | Information Technology | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reorganization of IT operations and move to managed service provider; one-time severance benefits to involuntarily terminated employees. Employee count not disclosed. | |||
| 2021-03-31 | restructuring | completed | 2021-03-31 | United States | Operations | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Downsizing and relocation of Houston assembly facility; moving related expenses. Employee count not disclosed. | |||
| 2021-03-31 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / North America Solutions [Member] | USD 17,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Corporate, Non-Segment [Member] / Employee Severance [Member] | USD 165,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 182,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Operating Segments [Member] / Moving Related Expenses [Member] / North America Solutions [Member] | USD 1,564,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Corporate, Non-Segment [Member] / Moving Related Expenses [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Moving Related Expenses [Member] | USD 1,564,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Operating Segments [Member] / North America Solutions [Member] | USD 1,581,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 165,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | USD 1,746,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-03-31 | restructuring | in_progress | Accounts Payable [Member] | USD 1,539,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Accrued Liabilities [Member] | USD 207,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | United States | North America Solutions | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer reports a $138 thousand restructuring charge for the quarter but discloses no employee count or completion timing. MD&A indicates further cost reductions in North America and International Solutions may lead to additional restructuring charges in future periods. | ||||
| 2020-12-31 | restructuring | completed | Global | Corporate / North America Solutions | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $138,000 recorded in Q1 FY2021. Part of broader FY2020 restructuring efforts to reduce fixed overhead and SG&A. | ||||
| 2020-09-30 | restructuring | in_progress | 2020-05-01 | Global | North America Solutions; Offshore Gulf of Mexico; International Solutions; Other; Corporate G&A | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges comprise $19.5M of employee termination benefits net of a $3.5M stock-compensation benefit; $19.0M paid in cash during FY2020 with $0.6M accrued at year-end. No employee count disclosed. Began in Q3 FY2020 in response to weak commodity prices and COVID-19. | |||
| 2020-09-30 | divestiture_reduction | completed | 2019-12-01 | 2019-12-31 | United States | North America Solutions (TerraVici Drilling Solutions, Inc.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of wholly-owned subsidiary TerraVici for approximately $15.1M with a $15.0M gain; no headcount associated with the divestiture disclosed. | |||
| 2020-09-30 | restructuring | completed | 2020-07-01 | 2020-09-30 | Global | Corporate and Operating Segments | USD 16 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction in staffing levels and organizational changes. Employee count not explicitly disclosed, only charges ($16.0M total, including $19.5M severance offset by $3.5M stock comp benefit). | ||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / U.S. Land Segment [Member] | USD 10,041,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / Offshore Segment [Member] | USD 1,432,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / International Land Segment [Member] | USD 2,991,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Employee Severance [Member] / Other Segments [Member] | USD 321,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Employee Severance [Member] | USD 4,745,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 19,530,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Stock-Based Compensation Expense (Benefit) [Member] / U.S. Land Segment [Member] | USD 3,036,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Stock-Based Compensation Expense (Benefit) [Member] / Offshore Segment [Member] | USD 178,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Stock-Based Compensation Expense (Benefit) [Member] / International Land Segment [Member] | USD 11,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Stock-Based Compensation Expense (Benefit) [Member] / Other Segments [Member] | USD 61,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Stock-Based Compensation Expense (Benefit) [Member] | USD 197,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Stock-Based Compensation Expense (Benefit) [Member] | USD 3,483,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / U.S. Land Segment [Member] | USD 7,005,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Offshore Segment [Member] | USD 1,254,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / International Land Segment [Member] | USD 2,980,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Operating Segments [Member] / Other Segments [Member] | USD 260,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 4,548,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | USD 16,047,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-06-30 | restructuring | in_progress | United States | North America Solutions | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program began in Q3 FY2020 in response to weak commodity prices, COVID-19 and market volatility; includes severance, forfeitures and stock-comp modification costs. Employee headcount affected not disclosed. Accrued balance of $7.0 million remained at 2020-06-30. | ||||
| 2020-06-30 | restructuring | in_progress | United States | Offshore Gulf of Mexico | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the consolidated FY2020 restructuring program; employee headcount affected not disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | International (Argentina, Bahrain, Colombia, United Arab Emirates) | International Solutions | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the consolidated FY2020 restructuring program; employee headcount affected not disclosed. MD&A states further cost reductions are anticipated in International Solutions, subject to local jurisdictional regulations. | ||||
| 2020-06-30 | restructuring | in_progress | United States | Other (real estate, incubator, captive insurance) | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the consolidated FY2020 restructuring program; employee headcount affected not disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | United States | Corporate G&A | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the consolidated FY2020 restructuring program; employee headcount affected not disclosed. Segment charges net of a $3.483 million stock-based compensation benefit total $15.495 million, matching the income statement restructuring charge line. | ||||
| 2020-06-30 | divestiture_reduction | completed | 2019-12-31 | United States | Former H&P Technologies (TerraVici Drilling Solutions, Inc.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of wholly-owned subsidiary TerraVici closed December 2019 for approximately $15.1 million with a $15.0 million gain; headcount removed through the sale not disclosed. Filer states the transaction is not a strategic shift. | ||||
| 2020-06-30 | restructuring | in_progress | 2020-04-01 | Global | Corporate G&A, North America Solutions, Offshore Gulf of Mexico, International Solutions | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring to accommodate scale during industry downturn. Includes severance benefits and stock-based compensation modifications. Employee count not explicitly disclosed in footnote. | |||
| 2020-06-30 | restructuring | in_progress | USD 3,536,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 18,978,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | completed | 2019-06 | 2019-06-30 | United States | U.S. Land | USD 217 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Domestic FlexRig4 fleet downsized from 71 marketed rigs to 20; decommissioned rigs used for capital spares. Charge is an asset impairment, not severance; no employee impact disclosed. | ||
| 2019-09-30 | restructuring | completed | 2019-06 | 2019-06-30 | International | International Land | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | International FlexRig4 fleet downsized from 10 marketed rigs to 8. Charge is an asset impairment, not severance; no employee impact disclosed. | ||
| 2019-09-30 | acquisition_addition | completed | 2019-08-21 | 2019-08-21 | France (headquarters) and international locations | H&P Technologies | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of DrillScan Energy SAS for approximately $32.7 million total consideration; acquired headcount not disclosed. | |||
| 2019-09-30 | acquisition_addition | completed | 2018-11-01 | 2018-11-01 | United Kingdom | H&P Technologies | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Angus Jamieson Consulting for approximately $3.4 million; acquired headcount not disclosed. Completed in fiscal year 2019 (first quarter). | |||
| 2019-09-30 | other | announced | 2019-11 | 2019-11 | Argentina | International Land | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Worker strike after fiscal year-end impacted six rigs in Argentina for approximately twenty-four hours; number of employees involved not disclosed. | |||
| 2019-03-31 | acquisition_addition | completed | 2018-11-01 | Inverness, Scotland | H&P Technologies | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed acquisition of Angus Jamieson Consulting for approximately $3.4 million total consideration (including $3.1 million goodwill); headcount added through the acquisition is not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-11-01 | Scotland | H&P Technologies | USD 3 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Angus Jamieson Consulting (AJC) completed Nov 1, 2018 for $3.4M. AJC is a software-based training and consultancy company. Specific headcount added is not disclosed. | |||
| 2018-09-30 | acquisition_addition | completed | 2017-12-08 | 2017-12-08 | United States (Colorado) | Other non-reportable segments — drilling technology services (MagVAR) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Magnetic Variation Services, LLC completed December 8, 2017; headcount added not disclosed. Transaction costs of approximately $1.2 million recorded in SG&A. | |||
| 2018-09-30 | divestiture_reduction | completed | 2018-09-30 | 2018-11-30 | Ecuador | International Land segment | USD 11 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operations ceased in Ecuador in Q4 FY2018; six conventional rigs sold for recycling (sale completed November 2018) with $9.2M plus $1.4M impairment charges. No employee count disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017-12-08 | Other (Non-reportable) | USD 48 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Magnetic Variation Services, LLC. Headcount not disclosed. Cash consideration of $47.8 million. | ||||
| 2017-09-30 | acquisition_addition | completed | 2017-06-02 | 2017-06-02 | United States | Other (non-reportable segments) — drilling technology | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MOTIVE Drilling Technologies merger completed June 2, 2017; $3.2M transaction costs in G&A. Headcount added not disclosed. | ||
| 2017-09-30 | restructuring | completed | United States | Corporate / operations | USD 6 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee workforce reductions starting in 2015 and continuing into 2016 caused a partial 401(k)/Thrift Plan termination; $6.3M additional employer contributions accrued in FY2016. No FY2017 workforce reduction disclosed; included for context only as prior-period activity. | ||||
| 2017-09-30 | restructuring | completed | 2016-09-30 | 2016-09-30 | United States | Corporate / General | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Partial plan termination of 401(k)/Employee Thrift Plan due to workforce reductions started in 2015 and continued into 2016. Affected participants became fully vested. Specific headcount not disclosed. | ||
| 2017-09-30 | acquisition_addition | completed | 2017-06-02 | 2017-06-02 | United States | Technology / Other | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of MOTIVE Drilling Technologies, Inc. Headcount added not explicitly disclosed. | |||
| 2016-09-30 | restructuring | in_progress | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer attributes higher FY2016 G&A expense partly to employee workforce reductions and related severance; reductions began in FY2015 and continued into FY2016 due to reduced drilling activity. No affected-employee count or severance amount is quantified. The reductions triggered a partial plan termination of the 401(k)/Thrift Plan, resulting in $6.3 million of additional employer contributions (not a severance charge). | |||||||
| 2016-09-30 | restructuring | completed | United States | Corporate / General | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Employee workforce reductions resulted in a partial plan termination of the 401(k)/Thrift Plan. Additional employer contributions of $6.3 million were recorded due to full vesting of affected participants. | ||||
| 2016-06-30 | restructuring | in_progress | United States; International (Argentina, Colombia, Ecuador, Bahrain, U.A.E.) | U.S. Land, Offshore, International Land | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A discloses severance expense per revenue day for early retirement and workforce reductions in each segment ($363/day U.S. Land, $1,236/day Offshore, $924/day International Land for Q3 FY2016) but gives no affected-employee count, total charge, announcement date, or completion date. No restructuring footnote is provided. Consolidated into one record because the filer does not present sub-component headcounts. | |||||
| 2016-06-30 | restructuring | in_progress | Global | Corporate and Operating Segments | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing discloses 'employee severance expense for early retirement and workforce reductions' impacting per-day operating expenses across U.S. Land, Offshore, and International Land segments. Specific headcount affected is not disclosed. | |||||
| 2011-09-30 | other | completed | 2010-06-30 | Venezuela | International Land drilling (Venezuelan subsidiary) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Government decree ordered forceful acquisition of the Venezuelan subsidiary's 11 rigs and related property, effective June 30, 2010 (prior fiscal year); operations reclassified as discontinued operations. No employee headcount impact quantified; recovery litigation and arbitrations remain pending. | ||||
| 2011-09-30 | other | completed | International Land | MD&A f5-10k / GLM-5.3-flash-HTML | Labor union interruptions in one country cited as a primary driver of lower fiscal 2011 segment operating income; country, timing, and number of employees affected are not disclosed. | ||||||
| 2010-09-30 | other | completed | 2010-06-30 | 2010-06-30 | Venezuela | International Land segment (Venezuelan subsidiary) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Venezuelan government seized 11 rigs and associated property; operations reclassified as discontinued operations. No employee headcount affected is disclosed; related charges (approx. $70.2M asset derecognition, $21.1M cash impairment, $20.4M exchange loss) are asset/currency items, not severance. | |||
| 2009-09-30 | other | completed | 2008-12-31 | 2009-09-30 | Venezuela | International Land segment | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company decided during second fiscal quarter 2009 to wind down PDVSA work as contracts expired amid collectability concerns; eleven active rigs at end of 2008 reduced to one by fiscal year-end (since idle). No employee headcount impact quantified. Announcement date approximated to the disclosed quarter (Oct–Dec 2008). | |||
| 2009-06-30 | other | completed | 2009-07-30 | Latin America | Customs/logistics operations of a subsidiary | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Disciplinary action taken against certain employees tied to the FCPA matter, including some employment terminations; no headcount, timing detail, or severance amounts disclosed. | ||||
| 2008-09-30 | acquisition_addition | completed | 2008-05-21 | Other/non-reportable segments (rotary steerable drilling technology R&D) | USD 12 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of TerraVici Drilling Solutions completed May 21, 2008 for $12.2 million, including $1.2 million of acquisition-related fees; also included an $11.1 million in-process R&D charge. Number of employees acquired is not disclosed. Charge value shown is the acquisition purchase price (label 'other'), not a severance charge. | ||||
| 2008-09-30 | acquisition_addition | completed | 2008-05-21 | 2008-05-21 | United States | Other (rotary steerable technology / R&D) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of TerraVici Drilling Solutions for $12.2 million completed 2008-05-21; headcount added through the acquisition not disclosed. | |||
| 2008-09-30 | acquisition_addition | completed | 2008-05-21 | 2008-05-21 | United States | Research and Development | USD 12 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired TerraVici for $12.2 million. Specific headcount added not disclosed. | ||
| 2003-09-30 | divestiture_reduction | completed | 2002-09-30 | Exploration and production business (Cimarex Energy Co.) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Spin-off of Cimarex Energy Co., the Company's former E&P division, completed September 30, 2002 — the final day of fiscal 2002, immediately before the fiscal 2003 period covered by this filing — removing that workforce from continuing operations. The number of employees transferred to Cimarex is not disclosed. The stock distribution was recorded as a dividend reducing shareholders' equity by roughly $152.2 million; this is an equity distribution, not a severance or restructuring charge, so no charge value is captured. | |||||
| 2002-09-30 | divestiture_reduction | completed | 2002-02-23 | 2002-09-30 | Exploration and Production (spun off as Cimarex Energy Co.) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Spin-off completed September 30, 2002: 100% of Cimarex Energy Co. stock, holding the E&P business, was distributed to shareholders, removing the E&P workforce from the Company; number of employees transferred not disclosed. The distribution was recorded as a dividend reducing stockholders' equity by roughly $152.2 million (informational, not a severance charge). The Company also adopted an E&P Severance Plan effective August 26, 2002 covering regular full-time E&P Division employees in US locations in connection with the transaction. | ||||
| 2002-09-30 | divestiture_reduction | completed | 2002-02-23 | 2002-09-30 | United States | Exploration and Production (E&P) Division | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Cimarex Energy Co. completed 2002-09-30; E&P employees transferred to Cimarex, headcount not disclosed | |||
| 2002-09-30 | voluntary_separation | completed | 2002-08-26 | United States | Exploration and Production (E&P) Division | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance plan effective 2002-08-26 for E&P employees in connection with change of control; no affected-employee count or charge disclosed | ||||
| 1996-09-30 | divestiture_reduction | completed | 1996-08-23 | 1996-08-30 | United States (Baytown, Texas) | Chemical operations — Natural Gas Odorizing, Inc. | USD 24 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Chemical subsidiary sold to Occidental Petroleum effective August 30, 1996 for 2,018,928 shares (~$48 million); recorded as a gain on sale, not a charge, and net of ~$14.8 million deferred income taxes. Headcount transferred with the business was not disclosed. | ||
| 1996-09-30 | divestiture_reduction | completed | 1996-08-23 | 1996-08-30 | United States (Baytown, Texas) | Chemical Operations (Natural Gas Odorizing, Inc.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | NGO sold to Occidental Petroleum subsidiary for 2,018,928 shares (~$48M). Employee headcount transferred not disclosed. | |||
| 1995-09-30 | restructuring | completed | 1995-09 | United States | Exploration and Production division | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Reorganization consolidated or eliminated several management positions and eliminated several consulting geologists; formed geographic exploitation teams. Most division employees were retained, and division headcount expected to remain approximately the same in fiscal 1996. | ||||
| 1995-09-30 | restructuring | completed | 1995-09-01 | 1995-09-30 | United States | Exploration and Production Division | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | September 1995 reorganization consolidated or eliminated several management positions and several consulting geologists, and formed geographic exploitation teams; no headcount or charge quantified | |||
| 1995-09-30 | restructuring | completed | 1995-09-30 | 1995-09-30 | United States | Oil and Gas Exploration and Production | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Reorganization resulted in consolidation or elimination of several management positions and elimination of several consulting geologists. Total number of employees expected to remain approximately the same. |