Item 2. Properties
Item 2. Properties
We lease our principal executive offices, which are located at 10350 Richmond, Suite 550, Houston, Texas 77042. As of December 31, 2020, we owned or leased maintenance facilities, yards and field offices around the U.S. and include the following:
Facility Location and Description Purpose Size of Location Leased / Owned Lease
Expiration
High Specification Rigs (square feet) (acres)
Dickinson, North Dakota Maintenance facility, Yard, Field office 11,120 3.5 Owned *
Milliken, Colorado Maintenance facility, Yard, Field office 124,000 23.0 Owned *
Newtown, North Dakota Maintenance facility, Yard, Field office 10,000 3.5 Owned *
Odessa, Texas Maintenance facility, Yard, Field office 5,000 5.0 Leased 2025
Pleasanton, Texas Maintenance facility, Yard, Field office 7,800 3.0 Owned *
Completion and Other Services
Midland, Texas Maintenance facility, Yard, Field office 36,231 12.0 Leased 2027
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* Not applicable.
Additionally, we lease several smaller facilities, which generally have shorter terms. We believe that our facilities are adequate for our operations and their locations allow us to efficiently serve our customers. We do not believe that any single facility is material to our operations and, if necessary, we could readily obtain a replacement facility.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.