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, 2021, we owned or leased maintenance facilities, yards and field offices around the U.S. and our material properties include the following:
Facility Location and Description Size of Location Leased / Owned Lease
Expiration
High Specification Rigs (square feet) (acres)
Milliken, Colorado 131,390 23.0 Leased 2036
Pleasanton, Texas 7,800 3.0 Owned *
Hobbs, New Mexico 25,950 4.5 Owned *
Andrews, Texas 13,000 9.0 Owned *
Belfield, North Dakota 34,280 34.5 Owned *
Big Spring, Texas 21,420 7.5 Owned *
Denver City, Texas 23,000 60.4 Owned *
Midland, Texas 14,000 16.7 Owned *
Midland, Texas 47,000 25.9 Owned *
Midland, Texas 20,330 11.0 Owned *
Midland, Texas 23,010 8.0 Owned *
Odessa, Texas 17,500 1.3 Owned *
Wireline Services
Milliken, Colorado 131,390 23.3 Leased 2036
Midland, Texas 36,230 12.0 Leased 2027
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* Not applicable.
In addition to the properties listed above, we own and lease several smaller facilities, which generally have shorter terms. 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.