| Property and Equipment |
Property and equipment consist of the following: | | | | | | | | | | | | | | | | | | | Estimated
useful lives
(in years) | | June 30, | | December 31, | | ($ in thousands) | | 2024 | | 2023 | | Land | N/A | | $ | 30,428 | | | $ | 29,384 | | | Field services equipment | 2-10 | | 2,760,182 | | | 2,520,336 | | | Vehicles | 4-7 | | 62,868 | | | 63,423 | | | Lease equipment | 10 | | 143,117 | | | 138,781 | | | Buildings and facilities | 5-30 | | 163,652 | | | 149,876 | | | Mineral reserves | >25 | | 80,323 | | | 76,823 | | | Office equipment and furniture | 2-7 | | 12,591 | | | 11,836 | | | | | 3,253,161 | | | 2,990,459 | | | Less accumulated depreciation and depletion | | | (1,718,390) | | | (1,501,685) | | | | | 1,534,771 | | | 1,488,774 | | | Construction in-progress | N/A | | 216,206 | | | 156,594 | | | Property and equipment, net | | | $ | 1,750,977 | | | $ | 1,645,368 | |
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