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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2018	Jul. 20, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Superior Energy Services Inc
Entity Central Index Key	0000886835
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		154,525,627
Trading Symbol	spn

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 118,512	$ 172,000
Accounts receivable, net of allowance for doubtful accounts of $19,534 and $29,037 at June 30, 2018 and December 31, 2017, respectively	441,983	398,056
Income taxes receivable		959
Prepaid expenses	43,188	42,128
Inventory and other current assets	158,765	134,032
Assets held for sale		13,644
Total current assets	762,448	760,819
Property, plant and equipment, net of accumulated depreciation and depletion of $2,848,297 and $2,736,620 at June 30, 2018 and December 31, 2017, respectively	1,240,703	1,316,944
Goodwill	806,813	807,860
Notes receivable	62,041	60,149
Restricted cash	11,631	20,483
Intangible and other long-term assets, net of accumulated amortization of $89,561 and $83,359 at June 30, 2018 and December 31, 2017, respectively	137,349	143,970
Total assets	3,020,985	3,110,225
Current liabilities:
Accounts payable	162,125	119,716
Accrued expenses	201,665	221,757
Current portion of decommissioning liabilities	24,156	27,261
Liabilities held for sale		6,463
Total current liabilities	387,946	375,197
Deferred income taxes	41,758	61,058
Decommissioning liabilities	103,088	103,136
Long-term debt, net	1,281,145	1,279,771
Other long-term liabilities	154,333	158,634
Stockholders' equity:
Preferred stock of $0.01 par value. Authorized - 5,000,000 shares; none issued
Common stock of $0.001 par value, Authorized - 250,000,000, Issued and Outstanding - 154,525,627 at June 30, 2018, Authorized - 250,000,000, Issued and Outstanding - 153,263,097 at December 31, 2017	155	153
Additional paid in capital	2,722,224	2,713,161
Accumulated other comprehensive loss, net	(70,092)	(67,427)
Retained deficit	(1,599,572)	(1,513,458)
Total stockholders' equity	1,052,715	1,132,429
Total liabilities and stockholders' equity	$ 3,020,985	$ 3,110,225

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 19,534	$ 29,037
Accumulated depreciation and depletion on Property, plant and equipment	2,848,297	2,736,620
Accumulated amortization of Intangible and other long-term assets	$ 89,561	$ 83,359
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	154,525,627	153,263,097
Common stock, shares outstanding	154,525,627	153,263,097

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues:
Total revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Costs and expenses:
Cost of services (exclusive of depreciation, depletion, amortization and accretion)	333,126	322,795	644,265	619,229
Cost of rentals (exclusive of depreciation, depletion, amortization and accretion)	36,684	29,007	69,005	54,559
Depreciation, depletion, amortization and accretion - services	81,740	92,953	169,487	188,283
Depreciation, depletion, amortization and accretion - rentals	16,233	15,166	34,205	34,117
General and administrative expenses	69,896	76,708	145,716	152,201
Loss from operations	(2,131)	(66,561)	(44,812)	(177,385)
Other income (expense):
Interest expense, net	(24,894)	(23,333)	(49,781)	(47,583)
Other income (expense)	(2,382)	(2,156)	(4,117)	(1,507)
Loss from continuing operations before income taxes	(29,407)	(92,050)	(98,710)	(226,475)
Income taxes	(3,970)	(30,011)	(13,325)	(74,775)
Net loss from continuing operations	(25,437)	(62,039)	(85,385)	(151,700)
Loss from discontinued operations, net of income tax	(953)	(1,767)	(729)	(3,765)
Net loss	$ (26,390)	$ (63,806)	$ (86,114)	$ (155,465)
Basic and diluted:
Net loss from continuing operations	$ (0.16)	$ (0.41)	$ (0.56)	$ (1.00)
Loss from discontinued operations	(0.01)	(0.01)		(0.02)
Net loss	$ (0.17)	$ (0.42)	$ (0.56)	$ (1.02)
Weighted average common shares used in computing loss per share:
Basic and diluted	154,278	152,857	153,728	152,317
Services [Member]
Revenues:
Total revenues	$ 446,812	$ 404,131	$ 846,580	$ 738,581
Rentals [Member]
Revenues:
Total revenues	$ 88,736	$ 65,937	$ 171,286	$ 132,423

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Consolidated Statement of Comprehensive Loss [Abstract]
Net loss	$ (26,390)	$ (63,806)	$ (86,114)	$ (155,465)
Change in cumulative translation adjustment, net of tax	(7,053)	6,022	(2,665)	7,746
Comprehensive loss	$ (33,443)	$ (57,784)	$ (88,779)	$ (147,719)

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net loss	$ (86,114)	$ (155,465)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, depletion, amortization and accretion	203,692	222,400
Deferred income taxes	(19,300)	(61,322)
Stock based compensation expense	16,552	20,027
Other reconciling items, net	(2,595)	(1,603)
Changes in operating assets and liabilities:
Accounts receivable	(44,415)	(89,324)
Inventory and other current assets	(24,854)	(10,192)
Accounts payable	32,852	26,499
Accrued expenses	(35,729)	(11,202)
Income taxes	1,255	98,561
Other, net	(1,929)	(21,232)
Net cash provided by operating activities	39,415	17,147
Cash flows from investing activities:
Payments for capital expenditures	(119,841)	(56,649)
Proceeds from sales of assets	23,297	4,090
Net cash used in investing activities	(96,544)	(52,559)
Cash flows from financing activities:
Tax withholdings for vested restricted stock units	(5,183)	(8,298)
Other	1,283	1,324
Net cash used in financing activities	(3,900)	(6,974)
Effect of exchange rate changes on cash	(1,311)	2,093
Net decrease in cash, cash equivalents, and restricted cash	(62,340)	(40,293)
Cash, cash equivalents, and restricted cash at beginning of period	192,483	246,092
Cash, cash equivalents, and restricted cash at end of period	$ 130,143	$ 205,799

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2018
Basis of Presentation [Abstract]
Basis of Presentation	(1)Basis of Presentation Certain information and footnote disclosures normally in financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (SEC); however, management believes the disclosures that are made are adequate to make the information presented not misleading. These financial statements and notes should be read in conjunction with the consolidated financial statements and notes thereto included in Superior Energy Services, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2017, and Management’s Discussion and Analysis of Financial Condition and Results of Operations herein. The financial information of Superior Energy Services, Inc. and its subsidiaries (the Company) for the three and six months ended June 30, 2018 and 2017 has not been audited. However, in the opinion of management, all adjustments necessary to present fairly the results of operations for the periods presented have been included therein. Certain previously reported amounts have been reclassified to conform to the 2018 presentation. The results of operations for the first six months of the year are not necessarily indicative of the results of operations that might be expected for the entire year. Due to the nature of the Company’s business, the Company is involved, from time to time, in routine litigation or subject to disputes or claims regarding its business activities. Legal costs related to these matters are expensed as incurred. In management’s opinion, none of the pending litigation, disputes or claims is expected to have a material adverse effect on the Company’s financial condition, results of operations or liquidity. The Company evaluates events that occur after the balance sheet date but before the financial statements are issued for potential recognition or disclosure. Based on the evaluation, the Company determined that there were no material subsequent events for recognition or disclosure.

Revenue

6 Months Ended

Jun. 30, 2018

Revenue [Abstract]

Revenue

(2)Revenue

Adoption of Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers

Effective January 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The Company adopted this ASU using the modified retrospective adoption method. There was no impact on the condensed consolidated financial statements and no cumulative effect adjustment was recognized.

Revenue Recognition

Revenues are recognized when performance obligations are satisfied in accordance with contractual terms, in an amount that reflects the consideration the Company expects to be entitled to in exchange for services rendered or rentals provided. Taxes collected from customers and remitted to governmental authorities and revenues are reported on a net basis in the Company’s financial statements.

Performance Obligations

A performance obligation arises under contracts with customers to render services or provide rentals, and is the unit of account under Topic 606. The Company accounts for services rendered and rentals provided separately if they are distinct and the service or rental is separately identifiable from other items provided to a customer and if a customer can benefit from the services rendered or rentals provided on its own or with other resources that are readily available to the customer. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. A contract’s standalone selling prices are determined based on the prices that the Company charges for its services rendered and rentals provided. The majority of the Company’s performance obligations are satisfied over time, which is generally represented by a period of 30 days or less. The Company’s payment terms vary by the type of products or services offered. The term between invoicing and when the payment is due is typically 30 days.

Services revenue primarily represents amounts charged to customers for the completion of services rendered, including labor, products and supplies necessary to perform the service. Rates for these services vary depending on the type of services provided and can be based on a per job, per hour or per day basis.

Rentals revenue is, primarily priced on a per day, per man hour or similar basis and consists of fees charged to customers for use of the Company’s rental equipment over the term of the rental period, which is generally less than twelve months.

The Company expenses sales commissions when incurred because the amortization period would have been one year or less.

Disaggregation of revenue

The following table presents the Company’s revenues by segment disaggregated by geography (in thousands):




	Three Months Ended June 30,				Six Months Ended June 30,
		2018		2017		2018		2017
U.S. land
Drilling Products and Services	$	43,394	$	27,770	$	84,111	$	48,932
Onshore Completion and Workover Services		276,242		249,079		507,731		454,058
Production Services		47,944		33,062		100,401		56,497
Technical Solutions		7,858		7,921		14,691		17,006
Total U.S. land	$	375,438	$	317,832	$	706,934	$	576,493

Gulf of Mexico
Drilling Products and Services	$	23,261	$	22,266	$	44,250	$	45,751
Onshore Completion and Workover Services		-		-		-		-
Production Services		13,634		19,937		31,134		37,683
Technical Solutions		35,333		42,030		72,895		75,747
Total Gulf of Mexico	$	72,228	$	84,233	$	148,279	$	159,181

International
Drilling Products and Services	$	27,378	$	18,791	$	50,874	$	42,575
Onshore Completion and Workover Services		-		-		-		-
Production Services		40,426		35,607		71,186		63,031
Technical Solutions		20,078		13,605		40,593		29,724
Total International	$	87,882	$	68,003	$	162,653	$	135,330
Total Revenues	$	535,548	$	470,068	$	1,017,866	$	871,004

The following table presents the Company’s revenues by segment disaggregated by type (in thousands):




	Three Months Ended June 30,				Six Months Ended June 30,
		2018		2017		2018		2017
Services
Drilling Products and Services	$	27,461	$	19,629	$	51,466	$	36,500
Onshore Completion and Workover Services		266,071		240,461		487,418		439,907
Production Services		93,678		82,575		188,292		145,857
Technical Solutions		59,602		61,466		119,404		116,317
Total services	$	446,812	$	404,131	$	846,580	$	738,581

Rentals
Drilling Products and Services	$	66,572	$	49,198	$	127,769	$	100,758
Onshore Completion and Workover Services		10,171		8,618		20,313		14,151
Production Services		8,326		6,031		14,429		11,354
Technical Solutions		3,667		2,090		8,775		6,160
Total rentals	$	88,736	$	65,937	$	171,286	$	132,423
Total Revenues	$	535,548	$	470,068	$	1,017,866	$	871,004

Inventory

6 Months Ended

Jun. 30, 2018

Inventory [Abstract]

Inventory

(3)Inventory

Inventories are stated at the lower of cost or net realizable value. The Company applies net realizable value and obsolescence to the gross value of the inventory. Cost is determined using the first-in, first-out or weighted-average cost methods for finished goods and work-in-process. Supplies and consumables primarily consist of products used in our services provided to customers. The components of the inventory balances are as follows (in thousands):



	June 30, 2018		December 31, 2017
Finished goods	$	72,884	$	61,764
Raw materials		14,955		13,727
Work-in-process		10,051		6,174
Supplies and consumables		26,309		24,923
Total	$	124,199	$	106,588

Notes Receivable	6 Months Ended
Notes Receivable	Jun. 30, 2018
Notes Receivable [Abstract]
Notes Receivable	(4)Notes Receivable Notes receivable consist of a commitment from the seller of an oil and gas property acquired by the Company related to costs associated with the abandonment of the acquired property. Pursuant to an agreement with the seller, the Company will invoice the seller an agreed upon amount at the completion of certain decommissioning activities. The gross amount of this obligation totals $115.0 million and is recorded at present value using an effective interest rate of 6.58%. The related discount is amortized to interest income based on the expected timing of completion of the decommissioning activities. The Company recorded interest income related to notes receivable of $1.9 million and $1.7 million for the six months ended June 30, 2018 and 2017, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Decommissioning Liabilities	6 Months Ended
Decommissioning Liabilities	Jun. 30, 2018
Decommissioning Liabilities [Abstract]
Decommissioning Liabilities	(5)Decommissioning Liabilities The Company’s decommissioning liabilities associated with an oil and gas property and its related assets consist of costs related to the plugging of wells, the removal of the related platform and equipment, and site restoration. The Company reviews the adequacy of its decommissioning liabilities whenever indicators suggest that the estimated cash flows needed to satisfy the liabilities have changed materially. The Company had decommissioning liabilities of $127.2 million and $130.4 million at June 30, 2018 and December 31, 2017, respectively.

Debt

6 Months Ended

Jun. 30, 2018

Debt [Abstract]

Debt

(6)Debt

The Company’s outstanding debt is as follows (in thousands):



	June 30, 2018		December 31, 2017
	Long-term		Long-term
Senior unsecured notes due September 2024	$	500,000	$	500,000
Senior unsecured notes due December 2021		800,000		800,000
Total debt, gross		1,300,000		1,300,000
Unamortized debt issuance costs		(18,855)		(20,229)
Total debt, net	$	1,281,145	$	1,279,771

Credit Facility

The Company has a $300 million asset-based revolving credit facility which matures in October 2022. The borrowing base under the credit facility is calculated based on a formula referencing the borrower’s and the subsidiary guarantors’ eligible accounts receivable, eligible inventory and eligible premium rental drill pipe less reserves. Availability under the credit facility is the lesser of (i) the commitments, (ii) the borrowing base and (iii) the highest principal amount permitted to be secured under the indenture governing the 7 1/8% senior unsecured notes due 2021. At June 30, 2018, the borrowing base was $263.0 million and the Company had $37.9 million of letters of credit outstanding that reduced its borrowing availability under the revolving credit facility. The credit agreement contains various covenants, including, but not limited to, limitations on the incurrence of indebtedness, permitted investments, liens on assets, making distributions, transactions with affiliates, merger, consolidations, dispositions of assets and other provisions customary in similar types of agreements.

Senior Unsecured Notes

The Company has outstanding $500 million of 7 3/4% senior unsecured notes due September 2024. The indenture governing the 7 3/4% senior unsecured notes due 2024 requires semi-annual interest payments on March 15th and September 15th of each year, beginning on March 15, 2018, through the maturity date of September 15, 2024.

The Company also has outstanding $800 million of 7 1/8% senior unsecured notes due December 2021. The indenture governing the 7 1/8% senior unsecured notes due 2021 requires semi-annual interest payments on June 15th and December 15th of each year through the maturity date of December 15, 2021.

Fair Value Measurements

6 Months Ended

Jun. 30, 2018

Fair Value Measurements [Abstract]

Fair Value Measurements

(7) Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date. Inputs used in determining fair value are characterized according to a hierarchy that prioritizes those inputs based on the degree to which they are observable. The three input levels of the fair value hierarchy are as follows.

Level 1: Unadjusted quoted prices in active markets for identical assets and liabilities.

Level 2: Observable inputs other than those included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical assets or liabilities in inactive markets; or model-derived valuations or other inputs that can be corroborated by observable market data.

Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability.

The following tables provide a summary of the financial assets and liabilities measured at fair value on a recurring basis (in thousands):




	Fair Value at June 30, 2018
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net
Non-qualified deferred compensation assets	$	373	$	13,904	$	-	$	14,277
Accounts payable
Non-qualified deferred compensation liabilities	$	-	$	1,163	$	-	$	1,163
Other long-term liabilities
Non-qualified deferred compensation liabilities	$	-	$	21,081	$	-	$	21,081

	Fair Value at December 31, 2017
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net
Non-qualified deferred compensation assets	$	370	$	13,817	$	-	$	14,187
Accounts payable
Non-qualified deferred compensation liabilities	$	-	$	1,253	$	-	$	1,253
Other long-term liabilities
Non-qualified deferred compensation liabilities	$	-	$	21,085	$	-	$	21,085

The Company’s non-qualified deferred compensation plans allow officers, certain highly compensated employees and non-employee directors to defer receipt of a portion of their compensation and contribute such amounts to one or more hypothetical investment funds. These investments are reported at fair value based on unadjusted quoted prices in active markets for identifiable assets and observable inputs for similar assets and liabilities, which represent Levels 1 and 2, respectively, in the fair value hierarchy.

The fair value of the Company’s cash equivalents and accounts receivable approximates their carrying amounts. The fair value of the Company’s long-term debt was approximately $1,321.0 million and $1,347.0 million as of June 30, 2018 and December 31, 2017, respectively. The fair value of these debt instruments is determined by reference to the market value of the instruments as quoted in over-the-counter markets, which are Level 1 inputs.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Segment Information

6 Months Ended

Jun. 30, 2018

Segment Information [Abstract]

Segment Information

(8) Segment Information

Business Segments

The Drilling Products and Services segment rents and sells premium drill pipe, bottom hole assemblies, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, completion, production and workover activities. It also provides on-site accommodations and machining services. The Onshore Completion and Workover Services segment provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a variety of well completion, workover and maintenance services. The Production Services segment provides intervention services such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment provides services typically requiring specialized engineering, manufacturing or project planning, including well control services, stimulation and sand control services and well plug and abandonment services. It also includes production and sale of oil and gas.

The Company evaluates the performance of its reportable segments based on income or loss from operations excluding allocated corporate expenses. The segment measure is calculated as follows: segment revenues less segment operating expenses, depreciation, depletion, amortization and accretion expense and reduction in value of assets. The Company uses this segment measure to evaluate its reportable segments because it is the measure that is most consistent with how the Company organizes and manages its business operations. Corporate and other costs primarily include expenses related to support functions, salaries and benefits for corporate employees and stock-based compensation expense.

Summarized financial information for the Company’s segments is as follows (in thousands):



Three Months Ended June 30, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	94,033	$	276,242	$	102,004	$	63,269	$	-	$	535,548
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		36,599		210,206		85,129		37,876		-		369,810
Depreciation, depletion, amortization
and accretion		28,590		47,423		14,303		6,273		1,384		97,973
General and administrative expenses		13,843		11,102		9,696		13,323		21,932		69,896
Income (loss) from operations		15,001		7,511		(7,124)		5,797		(23,316)		(2,131)
Interest income (expense), net		-		-		-		971		(25,865)		(24,894)
Other expense		-		-		-		-		(2,382)		(2,382)
Income (loss) from continuing operations
before income taxes	$	15,001	$	7,511	$	(7,124)	$	6,768	$	(51,563)	$	(29,407)



Three Months Ended June 30, 2017

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	68,827	$	249,079	$	88,606	$	63,556	$	-	$	470,068
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		33,002		207,021		71,377		40,402		-		351,802
Depreciation, depletion, amortization
and accretion		33,619		44,621		20,193		8,255		1,431		108,119
General and administrative expenses		12,739		11,804		11,886		13,828		26,451		76,708
Income (loss) from operations		(10,533)		(14,367)		(14,850)		1,071		(27,882)		(66,561)
Interest income (expense), net		-		-		-		911		(24,244)		(23,333)
Other expense		-		-		-		-		(2,156)		(2,156)
Income (loss) from continuing operations
before income taxes	$	(10,533)	$	(14,367)	$	(14,850)	$	1,982	$	(54,282)	$	(92,050)



Six Months Ended June 30, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	179,235	$	507,731	$	202,721	$	128,179	$	-	$	1,017,866
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		71,669		390,857		171,065		79,679		-		713,270
Depreciation, depletion, amortization
and accretion		58,231		95,078		33,583		14,003		2,797		203,692
General and administrative expenses		26,367		24,328		19,289		27,383		48,349		145,716
Income/(loss) from operations		22,968		(2,532)		(21,216)		7,114		(51,146)		(44,812)
Interest income (expense), net		-		-		-		1,927		(51,708)		(49,781)
Other expense		-		-		-		-		(4,117)		(4,117)
Income/(loss) from continuing operations
before income taxes	$	22,968	$	(2,532)	$	(21,216)	$	9,041	$	(106,971)	$	(98,710)



Six Months Ended June 30, 2017

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	137,258	$	454,058	$	157,211	$	122,477	$	-	$	871,004
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		62,060		400,710		132,157		78,861		-		673,788
Depreciation, depletion, amortization
and accretion		68,348		93,768		40,782		16,631		2,871		222,400
General and administrative expenses		25,705		23,075		23,167		27,396		52,858		152,201
Loss from operations		(18,855)		(63,495)		(38,895)		(411)		(55,729)		(177,385)
Interest income (expense), net		-		-		-		1,701		(49,284)		(47,583)
Other income		-		-		-		-		(1,507)		(1,507)
Income (loss) from continuing operations
before income taxes	$	(18,855)	$	(63,495)	$	(38,895)	$	1,290	$	(106,520)	$	(226,475)



Identifiable Assets
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
June 30, 2018	$	578,083	$	1,553,343	$	491,859	$	345,196	$	52,504	$	3,020,985
December 31, 2017	$	662,968	$	1,501,214	$	512,256	$	377,549	$	56,238	$	3,110,225

Geographic Segments

The Company attributes revenue to various countries based on the location of where services are performed or the destination of the drilling products or equipment sold or rented. Long-lived assets consist primarily of property, plant and equipment and are attributed to various countries based on the physical location of the asset at the end of a period. The Company’s revenue attributed to the U.S. and to other countries and the value of its long-lived assets by those locations are as follows (in thousands):



Revenues
	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
United States	$	447,666	$	402,065	$	855,213	$	735,674
Other countries		87,882		68,003		162,653		135,330
Total	$	535,548	$	470,068	$	1,017,866	$	871,004

Long-Lived Assets

	June 30, 2018		December 31, 2017
United States	$	1,001,738	$	1,064,823
Other countries		238,965		252,121
Total	$	1,240,703	$	1,316,944

Stock-Based Compensation Plans	6 Months Ended
Stock-Based Compensation Plans	Jun. 30, 2018
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	(9)Stock-Based Compensation Plans The Company maintains various stock incentive plans that provide long-term incentives to the Company’s key employees, including officers, directors, consultants and advisors (Eligible Participants). Under the stock incentive plans, the Company may grant incentive stock options, restricted stock, restricted stock units, stock appreciation rights, other stock-based awards or any combination thereof to Eligible Participants. The Company’s total compensation expense related to these plans was approximately $16.3 million and $19.7 million for the six months ended June 30, 2018 and 2017, respectively, which is reflected in general and administrative expenses.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2018
Income Taxes [Abstract]
Income Taxes	(10) Income Taxes The Company had $30.7 million of unrecorded tax benefits as of June 30, 2018 and December 31, 2017, all of which would impact the Company’s effective tax rate if recognized. It is the Company’s policy to recognize interest and applicable penalties, if any, related to uncertain tax positions in income tax expense. The Company continues to evaluate the impact of the Tax Cuts and Jobs Act of 2017 and no revisions were recorded during the six months ended June 30, 2018.

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	(11) Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed in the same manner as basic earnings per share except that the denominator is increased to include the number of additional common shares that could have been outstanding assuming the exercise of stock options and the conversion of restricted stock units. For the three and six months ended June 30, 2018 and 2017, the Company incurred a loss from continuing operations; therefore the impact of any incremental shares would be anti-dilutive.

Supplemental Guarantor Information

6 Months Ended

Jun. 30, 2018

Supplemental Guarantor Information [Abstract]

Supplemental Guarantor Information

(12) Supplemental Guarantor Information

SESI, L.L.C. (the Issuer), a 100% owned subsidiary of Superior Energy Services, Inc. (Parent), has $500 million of 7 3/4% senior unsecured notes due 2024. The Parent, along with certain of its 100% owned domestic subsidiaries, fully and unconditionally guaranteed such senior unsecured notes, and such guarantees are joint and several.



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	68,807	$	1,243	$	48,462	$	-	$	118,512
Accounts receivable, net		-		(924)		372,274		70,633		-		441,983
Intercompany accounts receivable		-		8,920		68,283		5,533		(82,736)		-
Other current assets		-		12,190		153,887		35,876		-		201,953
Total current assets		-		88,993		595,687		160,504		(82,736)		762,448

Property, plant and equipment, net		-		10,609		1,035,229		194,865		-		1,240,703
Goodwill		-		-		657,099		149,714		-		806,813
Notes receivable		-		-		62,041		-		-		62,041
Long-term intercompany accounts receivable		2,230,531		-		2,058,093		180,246		(4,468,870)		-
Equity investments of consolidated subsidiaries		(1,177,514)		4,461,755		6,223		-		(3,290,464)		-
Restricted cash		-		-		11,586		45		-		11,631
Intangible and other long-term assets, net		-		21,217		108,503		7,629		-		137,349
Total assets	$	1,053,017	$	4,582,574	$	4,534,461	$	693,003	$	(7,842,070)	$	3,020,985

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	12,184	$	128,478	$	21,463	$	-	$	162,125
Accrued expenses		302		103,998		74,908		22,457		-		201,665
Intercompany accounts payable		-		724		8,250		73,762		(82,736)		-
Current portion of decommissioning liabilities		-		-		20,670		3,486		-		24,156
Total current liabilities		302		116,906		232,306		121,168		(82,736)		387,946

Deferred income taxes		-		(156,705)		194,992		3,471		-		41,758
Decommissioning liabilities		-		-		103,088		-		-		103,088
Long-term debt, net		-		1,281,145		-		-		-		1,281,145
Long-term intercompany accounts payable		-		4,468,870		-		-		(4,468,870)		-
Other long-term liabilities		-		49,872		78,276		26,185		-		154,333
Total stockholders' equity (deficit)		1,052,715		(1,177,514)		3,925,799		542,179		(3,290,464)		1,052,715
Total liabilities and stockholders' equity	$	1,053,017	$	4,582,574	$	4,534,461	$	693,003	$	(7,842,070)	$	3,020,985



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
December 31, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	126,533	$	440	$	45,027	$	-	$	172,000
Accounts receivable, net		-		-		332,402		70,889		(5,235)		398,056
Income taxes receivable		-		-		(221)		1,180		-		959
Intercompany accounts receivable		-		6,460		58,375		5,865		(70,700)		-
Other current assets		-		11,895		129,970		34,295		-		176,160
Assets held for sale		-		-		-		13,644		-		13,644
Total current assets		-		144,888		520,966		170,900		(75,935)		760,819

Property, plant and equipment, net		-		12,055		1,093,446		211,443		-		1,316,944
Goodwill		-		-		657,099		150,761		-		807,860
Notes receivable		-		-		60,149		-		-		60,149
Long-term intercompany accounts receivable		2,221,697		-		2,032,056		177,842		(4,431,595)		-
Equity investments of consolidated subsidiaries		(1,088,736)		4,481,702		6,590		-		(3,399,556)		-
Restricted cash		-		-		20,483		-		-		20,483
Intangible and other long-term assets, net		-		22,118		113,632		8,220		-		143,970
Total assets	$	1,132,961	$	4,660,763	$	4,504,421	$	719,166	$	(7,907,086)	$	3,110,225

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	14,339	$	89,714	$	20,898	$	(5,235)	$	119,716
Accrued expenses		532		116,767		80,825		23,633		-		221,757
Intercompany accounts payable		-		724		7,918		62,058		(70,700)		-
Current portion of decommissioning liabilities		-		-		25,670		1,591		-		27,261
Liabilities held for sale		-		-		-		6,463		-		6,463
Total current liabilities		532		131,830		204,127		114,643		(75,935)		375,197

Deferred income taxes		-		(147,116)		205,386		2,788		-		61,058
Decommissioning liabilities		-		-		101,293		1,843		-		103,136
Long-term debt, net		-		1,279,771		-		-		-		1,279,771
Long-term intercompany accounts payable		-		4,431,595		-		-		(4,431,595)		-
Other long-term liabilities		-		53,419		79,061		26,154		-		158,634
Total stockholders' equity (deficit)		1,132,429		(1,088,736)		3,914,554		573,738		(3,399,556)		1,132,429
Total liabilities and stockholders' equity	$	1,132,961	$	4,660,763	$	4,504,421	$	719,166	$	(7,907,086)	$	3,110,225



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	473,724	$	73,289	$	(11,465)	$	535,548
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(2,963)		334,169		50,069		(11,465)		369,810
Depreciation, depletion, amortization and
accretion		-		990		85,501		11,482		-		97,973
General and administrative expenses		-		21,098		35,668		13,130		-		69,896
Loss from operations		-		(19,125)		18,386		(1,392)		-		(2,131)

Other income (expense):
Interest expense, net		-		(25,884)		980		10		-		(24,894)
Other income (expense)		-		(186)		264		(2,460)		-		(2,382)
Equity in losses of consolidated subsidiaries		(26,390)		11,361		(200)		-		15,229		-
Loss from continuing operations before income taxes		(26,390)		(33,834)		19,430		(3,842)		15,229		(29,407)
Income taxes		-		(7,444)		3,001		473		-		(3,970)
Net loss from continuing operations		(26,390)		(26,390)		16,429		(4,315)		15,229		(25,437)
Loss from discontinued operations, net of income tax		-		-		-		(953)		-		(953)
Net loss	$	(26,390)	$	(26,390)	$	16,429	$	(5,268)	$	15,229	$	(26,390)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(26,390)	$	(26,390)	$	16,429	$	(5,268)	$	15,229	$	(26,390)
Change in cumulative translation adjustment, net of tax		(7,053)		(7,053)		-		(7,053)		14,106		(7,053)
Comprehensive loss	$	(33,443)	$	(33,443)	$	16,429	$	(12,321)	$	29,335	$	(33,443)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	416,328	$	56,311	$	(2,571)	$	470,068
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		1,500		311,009		41,864		(2,571)		351,802
Depreciation, depletion, amortization and
accretion		-		1,035		94,031		13,053		-		108,119
General and administrative expenses		-		25,948		37,732		13,028		-		76,708
Loss from operations		-		(28,483)		(26,444)		(11,634)		-		(66,561)

Other income (expense):
Interest expense, net		-		(24,370)		957		80		-		(23,333)
Other income (expense)		-		(311)		206		(2,051)		-		(2,156)
Equity in losses of consolidated subsidiaries		(63,806)		(24,545)		(148)		-		88,499		-
Loss from continuing operations before income taxes		(63,806)		(77,709)		(25,429)		(13,605)		88,499		(92,050)
Income taxes		-		(13,903)		(15,278)		(830)		-		(30,011)
Net income (loss) from continuing operations		(63,806)		(63,806)		(10,151)		(12,775)		88,499		(62,039)
Loss from discontinued operations, net of income tax		-		-		-		(1,767)		-		(1,767)
Net loss	$	(63,806)	$	(63,806)	$	(10,151)	$	(14,542)	$	88,499	$	(63,806)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(63,806)	$	(63,806)	$	(10,151)	$	(14,542)	$	88,499	$	(63,806)
Change in cumulative translation adjustment, net of tax		6,022		6,022		-		6,022		(12,044)		6,022
Comprehensive loss	$	(57,784)	$	(57,784)	$	(10,151)	$	(8,520)	$	76,455	$	(57,784)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	908,858	$	126,548	$	(17,540)	$	1,017,866
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(5,589)		645,233		91,166		(17,540)		713,270
Depreciation, depletion, amortization and
accretion		-		2,009		178,215		23,468		-		203,692
General and administrative expenses		-		46,762		74,357		24,597		-		145,716
Loss from operations		-		(43,182)		11,053		(12,683)		-		(44,812)

Other income (expense):
Interest expense, net		-		(51,754)		1,947		26		-		(49,781)
Other income (expense)		-		(252)		538		(4,403)		-		(4,117)
Equity in losses of consolidated subsidiaries		(86,114)		(6,109)		(368)		-		92,591		-
Loss from continuing operations before income taxes		(86,114)		(101,297)		13,170		(17,060)		92,591		(98,710)
Income taxes		-		(15,183)		1,925		(67)		-		(13,325)
Net loss from continuing operations		(86,114)		(86,114)		11,245		(16,993)		92,591		(85,385)
Loss from discontinued operations, net of income tax		-		-		-		(729)		-		(729)
Net loss	$	(86,114)	$	(86,114)	$	11,245	$	(17,722)	$	92,591	$	(86,114)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(86,114)	$	(86,114)	$	11,245	$	(17,722)	$	92,591	$	(86,114)
Change in cumulative translation adjustment, net of tax		(2,665)		(2,665)		-		(2,665)		5,330		(2,665)
Comprehensive loss	$	(88,779)	$	(88,779)	$	11,245	$	(20,387)	$	97,921	$	(88,779)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	770,188	$	108,499	$	(7,683)	$	871,004
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		2,260		595,969		83,242		(7,683)		673,788
Depreciation, depletion, amortization and
accretion		-		2,081		194,599		25,720		-		222,400
General and administrative expenses		-		51,883		74,876		25,442		-		152,201
Loss from operations		-		(56,224)		(95,256)		(25,905)		-		(177,385)

Other income (expense):
Interest expense, net		-		(49,611)		1,759		269		-		(47,583)
Other income (expense)		-		(722)		447		(1,232)		-		(1,507)
Equity in losses of consolidated subsidiaries		(155,465)		(79,107)		(208)		-		234,780		-
Loss from continuing operations before income taxes		(155,465)		(185,664)		(93,258)		(26,868)		234,780		(226,475)
Income taxes		-		(30,199)		(44,246)		(330)		-		(74,775)
Net income (loss) from continuing operations		(155,465)		(155,465)		(49,012)		(26,538)		234,780		(151,700)
Loss from discontinued operations, net of income tax		-		-		-		(3,765)		-		(3,765)
Net loss	$	(155,465)	$	(155,465)	$	(49,012)	$	(30,303)	$	234,780	$	(155,465)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(155,465)	$	(155,465)	$	(49,012)	$	(30,303)	$	234,780	$	(155,465)
Change in cumulative translation adjustment, net of tax		7,746		7,746		-		7,746		(15,492)		7,746
Comprehensive loss	$	(147,719)	$	(147,719)	$	(49,012)	$	(22,557)	$	219,288	$	(147,719)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	12,342	$	(91,600)	$	131,729	$	(1,787)	$	(11,269)	$	39,415

Cash flows from investing activities:
Payments for capital expenditures		-		(549)		(114,360)		(4,932)		-		(119,841)
Proceeds from sales of assets		-		-		10,150		13,147		-		23,297
Net cash used in investing activities		-		(549)		(104,210)		8,215		-		(96,544)

Cash flows from financing activities:
Intercompany dividends		-		-		-		(11,269)		11,269		-
Changes in notes with affiliated companies, net		(8,834)		34,815		(35,613)		9,632		-		-
Other		(3,508)		(392)		-		-		-		(3,900)
Net cash provided by (used in) financing activities		(12,342)		34,423		(35,613)		(1,637)		11,269		(3,900)
Effect of exchange rate changes on cash		-		-		-		(1,311)		-		(1,311)
Net decrease in cash, cash equivalents, and restricted cash		-		(57,726)		(8,094)		3,480		-		(62,340)

Cash, cash equivalents, and restricted cash at beginning of period		-		126,533		20,923		45,027		-		192,483
Cash, cash equivalents, and restricted cash at end of period	$	-	$	68,807	$	12,829	$	48,507	$	-	$	130,143



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	13,572	$	11,674	$	(520)	$	(7,579)	$	17,147

Cash flows from investing activities:
Payments for capital expenditures		-		(461)		(45,506)		(10,682)		(56,649)
Other		-		-		4,090		-		4,090
Net cash used in investing activities		-		(461)		(41,416)		(10,682)		(52,559)

Cash flows from financing activities:
Changes in notes with affiliated companies, net		(6,822)		(7,812)		11,026		3,608		-
Other		(6,750)		(224)		-		-		(6,974)
Net cash used in financing activities		(13,572)		(8,036)		11,026		3,608		(6,974)
Effect of exchange rate changes on cash		-		-		-		2,093		2,093
Net decrease in cash, cash equivalents, and restricted cash		-		3,177		(30,910)		(12,560)		(40,293)

Cash, cash equivalents, and restricted cash at beginning of period		-		127,445		51,789		66,858		246,092
Cash, cash equivalents, and restricted cash at end of period	$	-	$	130,622	$	20,879	$	54,298	$	205,799

Discontinued Operations	6 Months Ended
Discontinued Operations	Jun. 30, 2018
Discontinued Operations [Abstract]
Discontinued Operations	(13) Discontinued Operations During the six months ended June 30, 2018, the remaining marine vessels and equipment of the Company’s former subsea construction business were disposed of, resulting in $0.8 million loss on sale. Loss from discontinued operations for the three and six months ended June 30, 2018 was $1.0 million and $0.7 million, respectively. Loss from discontinued operations for the three and six months ended June 30, 2017 was $1.8 million and $3.8 million, respectively.

New Accounting Pronouncements	6 Months Ended
New Accounting Pronouncements	Jun. 30, 2018
New Accounting Pronouncements
New Accounting Pronouncements	(14) New Accounting Pronouncements Standards adopted In May 2017, the Financial Accounting Standards Board (FASB) issued ASU 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting. The guidance in this ASU applies to all entities that change the terms or conditions of a share-based payment award. The amendments provide clarity and reduce diversity in practice as well as cost and complexity when applying the guidance in Topic 718, Compensation – Stock Compensation, to the modification of the terms and conditions of a share-based payment award. The amendments in ASU 2017-09 include guidance on determining which changes to the terms and conditions of share-based payment awards require an entity to apply modification accounting under Topic 718. The Company adopted the accounting guidance as of January 1, 2018. The adoption of this ASU did not have a material impact on the Company’s condensed consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. The amendments affect all companies and other reporting organizations that must determine whether they have acquired or sold a business. The amendments are intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a more robust framework to use in determining when a set of assets and activities is a business. The Company adopted the accounting guidance as of January 1, 2018. The adoption of this ASU did not have a material impact on the Company’s condensed consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, Statements of Cash Flows (Topic 230): Restricted Cash. The guidance in this ASU requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. As a result, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The Company adopted the accounting guidance as of January 1, 2018 and applied it retrospectively to the periods presented in the Company’s condensed consolidated statements of cash flows. For the six months ended June 30, 2017, net cash used in investing activities was adjusted to exclude the change in restricted cash related to cash held in escrow for the future decommissioning obligations associated with an oil and gas property. The adjustment resulted in a $30.6 million decrease in net cash used in investing activities for the six months ended June 30, 2018. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. The guidance in this ASU requires entities to recognize at the transaction date the income tax consequences of intercompany asset transfers other than inventory. The Company adopted the accounting guidance as of January 1, 2018. The adoption of this ASU did not have a material impact on the Company’s condensed consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which replaced most existing revenue recognition guidance in GAAP. The guidance in this ASU requires an entity to recognize the amount of revenue that it expects to be entitled for the transfer of promised goods or services to customers. The Company adopted the accounting guidance as of January 1, 2018. The Company adopted this ASU using the modified retrospective adoption method. There was no impact on the condensed consolidated financial statements and no cumulative effect adjustment was recognized. Standards not yet adopted In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which requires lessees to recognize the assets and liabilities arising from leases on the balance sheet. This new ASU will require the lessee to recognize a lease liability equal to the present value of the lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for all leases longer than 12 months. For leases with a term of 12 month or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and liabilities and recognize the lease expense for such leases generally on a straight-line basis over the lease term. Under the new guidance, the Company will revise its leasing policies to require most of the leases, where the Company is the lessee, to be recognized on the balance sheet as a lease and lease liability. Further, the Company will separate leases from other contracts where the Company is either the lessor or lessee when the rights conveyed under the contracts indicate there is a lease. The Company is evaluating the effect ASU 2016-02 will have on its condensed consolidated financial statements. The Company anticipates that its assets and liabilities will increase by a significant amount. The new standard is effective for the Company beginning on January 1, 2019.

Revenue (Tables)

6 Months Ended

Jun. 30, 2018

Revenue [Abstract]

Disaggregation Of Revenues




	Three Months Ended June 30,				Six Months Ended June 30,
		2018		2017		2018		2017
U.S. land
Drilling Products and Services	$	43,394	$	27,770	$	84,111	$	48,932
Onshore Completion and Workover Services		276,242		249,079		507,731		454,058
Production Services		47,944		33,062		100,401		56,497
Technical Solutions		7,858		7,921		14,691		17,006
Total U.S. land	$	375,438	$	317,832	$	706,934	$	576,493

Gulf of Mexico
Drilling Products and Services	$	23,261	$	22,266	$	44,250	$	45,751
Onshore Completion and Workover Services		-		-		-		-
Production Services		13,634		19,937		31,134		37,683
Technical Solutions		35,333		42,030		72,895		75,747
Total Gulf of Mexico	$	72,228	$	84,233	$	148,279	$	159,181

International
Drilling Products and Services	$	27,378	$	18,791	$	50,874	$	42,575
Onshore Completion and Workover Services		-		-		-		-
Production Services		40,426		35,607		71,186		63,031
Technical Solutions		20,078		13,605		40,593		29,724
Total International	$	87,882	$	68,003	$	162,653	$	135,330
Total Revenues	$	535,548	$	470,068	$	1,017,866	$	871,004

The following table presents the Company’s revenues by segment disaggregated by type (in thousands):




	Three Months Ended June 30,				Six Months Ended June 30,
		2018		2017		2018		2017
Services
Drilling Products and Services	$	27,461	$	19,629	$	51,466	$	36,500
Onshore Completion and Workover Services		266,071		240,461		487,418		439,907
Production Services		93,678		82,575		188,292		145,857
Technical Solutions		59,602		61,466		119,404		116,317
Total services	$	446,812	$	404,131	$	846,580	$	738,581

Rentals
Drilling Products and Services	$	66,572	$	49,198	$	127,769	$	100,758
Onshore Completion and Workover Services		10,171		8,618		20,313		14,151
Production Services		8,326		6,031		14,429		11,354
Technical Solutions		3,667		2,090		8,775		6,160
Total rentals	$	88,736	$	65,937	$	171,286	$	132,423
Total Revenues	$	535,548	$	470,068	$	1,017,866	$	871,004

Inventory (Tables)

6 Months Ended

Jun. 30, 2018

Inventory [Abstract]

Components Of Inventory



	June 30, 2018		December 31, 2017
Finished goods	$	72,884	$	61,764
Raw materials		14,955		13,727
Work-in-process		10,051		6,174
Supplies and consumables		26,309		24,923
Total	$	124,199	$	106,588

Debt (Tables)

6 Months Ended

Jun. 30, 2018

Debt [Abstract]

Schedule Of Long-Term Debt



	June 30, 2018		December 31, 2017
	Long-term		Long-term
Senior unsecured notes due September 2024	$	500,000	$	500,000
Senior unsecured notes due December 2021		800,000		800,000
Total debt, gross		1,300,000		1,300,000
Unamortized debt issuance costs		(18,855)		(20,229)
Total debt, net	$	1,281,145	$	1,279,771

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Measurements [Abstract]

Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis




	Fair Value at June 30, 2018
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net
Non-qualified deferred compensation assets	$	373	$	13,904	$	-	$	14,277
Accounts payable
Non-qualified deferred compensation liabilities	$	-	$	1,163	$	-	$	1,163
Other long-term liabilities
Non-qualified deferred compensation liabilities	$	-	$	21,081	$	-	$	21,081

	Fair Value at December 31, 2017
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net
Non-qualified deferred compensation assets	$	370	$	13,817	$	-	$	14,187
Accounts payable
Non-qualified deferred compensation liabilities	$	-	$	1,253	$	-	$	1,253
Other long-term liabilities
Non-qualified deferred compensation liabilities	$	-	$	21,085	$	-	$	21,085

Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Information [Abstract]

Schedule Of Segment Reporting Information By Segment



Three Months Ended June 30, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	94,033	$	276,242	$	102,004	$	63,269	$	-	$	535,548
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		36,599		210,206		85,129		37,876		-		369,810
Depreciation, depletion, amortization
and accretion		28,590		47,423		14,303		6,273		1,384		97,973
General and administrative expenses		13,843		11,102		9,696		13,323		21,932		69,896
Income (loss) from operations		15,001		7,511		(7,124)		5,797		(23,316)		(2,131)
Interest income (expense), net		-		-		-		971		(25,865)		(24,894)
Other expense		-		-		-		-		(2,382)		(2,382)
Income (loss) from continuing operations
before income taxes	$	15,001	$	7,511	$	(7,124)	$	6,768	$	(51,563)	$	(29,407)



Three Months Ended June 30, 2017

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	68,827	$	249,079	$	88,606	$	63,556	$	-	$	470,068
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		33,002		207,021		71,377		40,402		-		351,802
Depreciation, depletion, amortization
and accretion		33,619		44,621		20,193		8,255		1,431		108,119
General and administrative expenses		12,739		11,804		11,886		13,828		26,451		76,708
Income (loss) from operations		(10,533)		(14,367)		(14,850)		1,071		(27,882)		(66,561)
Interest income (expense), net		-		-		-		911		(24,244)		(23,333)
Other expense		-		-		-		-		(2,156)		(2,156)
Income (loss) from continuing operations
before income taxes	$	(10,533)	$	(14,367)	$	(14,850)	$	1,982	$	(54,282)	$	(92,050)



Six Months Ended June 30, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	179,235	$	507,731	$	202,721	$	128,179	$	-	$	1,017,866
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		71,669		390,857		171,065		79,679		-		713,270
Depreciation, depletion, amortization
and accretion		58,231		95,078		33,583		14,003		2,797		203,692
General and administrative expenses		26,367		24,328		19,289		27,383		48,349		145,716
Income/(loss) from operations		22,968		(2,532)		(21,216)		7,114		(51,146)		(44,812)
Interest income (expense), net		-		-		-		1,927		(51,708)		(49,781)
Other expense		-		-		-		-		(4,117)		(4,117)
Income/(loss) from continuing operations
before income taxes	$	22,968	$	(2,532)	$	(21,216)	$	9,041	$	(106,971)	$	(98,710)



Six Months Ended June 30, 2017

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	137,258	$	454,058	$	157,211	$	122,477	$	-	$	871,004
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		62,060		400,710		132,157		78,861		-		673,788
Depreciation, depletion, amortization
and accretion		68,348		93,768		40,782		16,631		2,871		222,400
General and administrative expenses		25,705		23,075		23,167		27,396		52,858		152,201
Loss from operations		(18,855)		(63,495)		(38,895)		(411)		(55,729)		(177,385)
Interest income (expense), net		-		-		-		1,701		(49,284)		(47,583)
Other income		-		-		-		-		(1,507)		(1,507)
Income (loss) from continuing operations
before income taxes	$	(18,855)	$	(63,495)	$	(38,895)	$	1,290	$	(106,520)	$	(226,475)

Identifiable Assets



Identifiable Assets
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
June 30, 2018	$	578,083	$	1,553,343	$	491,859	$	345,196	$	52,504	$	3,020,985
December 31, 2017	$	662,968	$	1,501,214	$	512,256	$	377,549	$	56,238	$	3,110,225

Revenue By Geographic Area



Revenues
	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
United States	$	447,666	$	402,065	$	855,213	$	735,674
Other countries		87,882		68,003		162,653		135,330
Total	$	535,548	$	470,068	$	1,017,866	$	871,004

Long-Lived Assets

	June 30, 2018		December 31, 2017
United States	$	1,001,738	$	1,064,823
Other countries		238,965		252,121
Total	$	1,240,703	$	1,316,944

Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2018

Supplemental Guarantor Information [Abstract]

Condensed Consolidating Balance Sheets



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	68,807	$	1,243	$	48,462	$	-	$	118,512
Accounts receivable, net		-		(924)		372,274		70,633		-		441,983
Intercompany accounts receivable		-		8,920		68,283		5,533		(82,736)		-
Other current assets		-		12,190		153,887		35,876		-		201,953
Total current assets		-		88,993		595,687		160,504		(82,736)		762,448

Property, plant and equipment, net		-		10,609		1,035,229		194,865		-		1,240,703
Goodwill		-		-		657,099		149,714		-		806,813
Notes receivable		-		-		62,041		-		-		62,041
Long-term intercompany accounts receivable		2,230,531		-		2,058,093		180,246		(4,468,870)		-
Equity investments of consolidated subsidiaries		(1,177,514)		4,461,755		6,223		-		(3,290,464)		-
Restricted cash		-		-		11,586		45		-		11,631
Intangible and other long-term assets, net		-		21,217		108,503		7,629		-		137,349
Total assets	$	1,053,017	$	4,582,574	$	4,534,461	$	693,003	$	(7,842,070)	$	3,020,985

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	12,184	$	128,478	$	21,463	$	-	$	162,125
Accrued expenses		302		103,998		74,908		22,457		-		201,665
Intercompany accounts payable		-		724		8,250		73,762		(82,736)		-
Current portion of decommissioning liabilities		-		-		20,670		3,486		-		24,156
Total current liabilities		302		116,906		232,306		121,168		(82,736)		387,946

Deferred income taxes		-		(156,705)		194,992		3,471		-		41,758
Decommissioning liabilities		-		-		103,088		-		-		103,088
Long-term debt, net		-		1,281,145		-		-		-		1,281,145
Long-term intercompany accounts payable		-		4,468,870		-		-		(4,468,870)		-
Other long-term liabilities		-		49,872		78,276		26,185		-		154,333
Total stockholders' equity (deficit)		1,052,715		(1,177,514)		3,925,799		542,179		(3,290,464)		1,052,715
Total liabilities and stockholders' equity	$	1,053,017	$	4,582,574	$	4,534,461	$	693,003	$	(7,842,070)	$	3,020,985



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
December 31, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	126,533	$	440	$	45,027	$	-	$	172,000
Accounts receivable, net		-		-		332,402		70,889		(5,235)		398,056
Income taxes receivable		-		-		(221)		1,180		-		959
Intercompany accounts receivable		-		6,460		58,375		5,865		(70,700)		-
Other current assets		-		11,895		129,970		34,295		-		176,160
Assets held for sale		-		-		-		13,644		-		13,644
Total current assets		-		144,888		520,966		170,900		(75,935)		760,819

Property, plant and equipment, net		-		12,055		1,093,446		211,443		-		1,316,944
Goodwill		-		-		657,099		150,761		-		807,860
Notes receivable		-		-		60,149		-		-		60,149
Long-term intercompany accounts receivable		2,221,697		-		2,032,056		177,842		(4,431,595)		-
Equity investments of consolidated subsidiaries		(1,088,736)		4,481,702		6,590		-		(3,399,556)		-
Restricted cash		-		-		20,483		-		-		20,483
Intangible and other long-term assets, net		-		22,118		113,632		8,220		-		143,970
Total assets	$	1,132,961	$	4,660,763	$	4,504,421	$	719,166	$	(7,907,086)	$	3,110,225

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	14,339	$	89,714	$	20,898	$	(5,235)	$	119,716
Accrued expenses		532		116,767		80,825		23,633		-		221,757
Intercompany accounts payable		-		724		7,918		62,058		(70,700)		-
Current portion of decommissioning liabilities		-		-		25,670		1,591		-		27,261
Liabilities held for sale		-		-		-		6,463		-		6,463
Total current liabilities		532		131,830		204,127		114,643		(75,935)		375,197

Deferred income taxes		-		(147,116)		205,386		2,788		-		61,058
Decommissioning liabilities		-		-		101,293		1,843		-		103,136
Long-term debt, net		-		1,279,771		-		-		-		1,279,771
Long-term intercompany accounts payable		-		4,431,595		-		-		(4,431,595)		-
Other long-term liabilities		-		53,419		79,061		26,154		-		158,634
Total stockholders' equity (deficit)		1,132,429		(1,088,736)		3,914,554		573,738		(3,399,556)		1,132,429
Total liabilities and stockholders' equity	$	1,132,961	$	4,660,763	$	4,504,421	$	719,166	$	(7,907,086)	$	3,110,225

Condensed Consolidating Statements of Operations And Comprehensive Income



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	473,724	$	73,289	$	(11,465)	$	535,548
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(2,963)		334,169		50,069		(11,465)		369,810
Depreciation, depletion, amortization and
accretion		-		990		85,501		11,482		-		97,973
General and administrative expenses		-		21,098		35,668		13,130		-		69,896
Loss from operations		-		(19,125)		18,386		(1,392)		-		(2,131)

Other income (expense):
Interest expense, net		-		(25,884)		980		10		-		(24,894)
Other income (expense)		-		(186)		264		(2,460)		-		(2,382)
Equity in losses of consolidated subsidiaries		(26,390)		11,361		(200)		-		15,229		-
Loss from continuing operations before income taxes		(26,390)		(33,834)		19,430		(3,842)		15,229		(29,407)
Income taxes		-		(7,444)		3,001		473		-		(3,970)
Net loss from continuing operations		(26,390)		(26,390)		16,429		(4,315)		15,229		(25,437)
Loss from discontinued operations, net of income tax		-		-		-		(953)		-		(953)
Net loss	$	(26,390)	$	(26,390)	$	16,429	$	(5,268)	$	15,229	$	(26,390)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(26,390)	$	(26,390)	$	16,429	$	(5,268)	$	15,229	$	(26,390)
Change in cumulative translation adjustment, net of tax		(7,053)		(7,053)		-		(7,053)		14,106		(7,053)
Comprehensive loss	$	(33,443)	$	(33,443)	$	16,429	$	(12,321)	$	29,335	$	(33,443)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	416,328	$	56,311	$	(2,571)	$	470,068
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		1,500		311,009		41,864		(2,571)		351,802
Depreciation, depletion, amortization and
accretion		-		1,035		94,031		13,053		-		108,119
General and administrative expenses		-		25,948		37,732		13,028		-		76,708
Loss from operations		-		(28,483)		(26,444)		(11,634)		-		(66,561)

Other income (expense):
Interest expense, net		-		(24,370)		957		80		-		(23,333)
Other income (expense)		-		(311)		206		(2,051)		-		(2,156)
Equity in losses of consolidated subsidiaries		(63,806)		(24,545)		(148)		-		88,499		-
Loss from continuing operations before income taxes		(63,806)		(77,709)		(25,429)		(13,605)		88,499		(92,050)
Income taxes		-		(13,903)		(15,278)		(830)		-		(30,011)
Net income (loss) from continuing operations		(63,806)		(63,806)		(10,151)		(12,775)		88,499		(62,039)
Loss from discontinued operations, net of income tax		-		-		-		(1,767)		-		(1,767)
Net loss	$	(63,806)	$	(63,806)	$	(10,151)	$	(14,542)	$	88,499	$	(63,806)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(63,806)	$	(63,806)	$	(10,151)	$	(14,542)	$	88,499	$	(63,806)
Change in cumulative translation adjustment, net of tax		6,022		6,022		-		6,022		(12,044)		6,022
Comprehensive loss	$	(57,784)	$	(57,784)	$	(10,151)	$	(8,520)	$	76,455	$	(57,784)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	908,858	$	126,548	$	(17,540)	$	1,017,866
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(5,589)		645,233		91,166		(17,540)		713,270
Depreciation, depletion, amortization and
accretion		-		2,009		178,215		23,468		-		203,692
General and administrative expenses		-		46,762		74,357		24,597		-		145,716
Loss from operations		-		(43,182)		11,053		(12,683)		-		(44,812)

Other income (expense):
Interest expense, net		-		(51,754)		1,947		26		-		(49,781)
Other income (expense)		-		(252)		538		(4,403)		-		(4,117)
Equity in losses of consolidated subsidiaries		(86,114)		(6,109)		(368)		-		92,591		-
Loss from continuing operations before income taxes		(86,114)		(101,297)		13,170		(17,060)		92,591		(98,710)
Income taxes		-		(15,183)		1,925		(67)		-		(13,325)
Net loss from continuing operations		(86,114)		(86,114)		11,245		(16,993)		92,591		(85,385)
Loss from discontinued operations, net of income tax		-		-		-		(729)		-		(729)
Net loss	$	(86,114)	$	(86,114)	$	11,245	$	(17,722)	$	92,591	$	(86,114)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(86,114)	$	(86,114)	$	11,245	$	(17,722)	$	92,591	$	(86,114)
Change in cumulative translation adjustment, net of tax		(2,665)		(2,665)		-		(2,665)		5,330		(2,665)
Comprehensive loss	$	(88,779)	$	(88,779)	$	11,245	$	(20,387)	$	97,921	$	(88,779)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	770,188	$	108,499	$	(7,683)	$	871,004
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		2,260		595,969		83,242		(7,683)		673,788
Depreciation, depletion, amortization and
accretion		-		2,081		194,599		25,720		-		222,400
General and administrative expenses		-		51,883		74,876		25,442		-		152,201
Loss from operations		-		(56,224)		(95,256)		(25,905)		-		(177,385)

Other income (expense):
Interest expense, net		-		(49,611)		1,759		269		-		(47,583)
Other income (expense)		-		(722)		447		(1,232)		-		(1,507)
Equity in losses of consolidated subsidiaries		(155,465)		(79,107)		(208)		-		234,780		-
Loss from continuing operations before income taxes		(155,465)		(185,664)		(93,258)		(26,868)		234,780		(226,475)
Income taxes		-		(30,199)		(44,246)		(330)		-		(74,775)
Net income (loss) from continuing operations		(155,465)		(155,465)		(49,012)		(26,538)		234,780		(151,700)
Loss from discontinued operations, net of income tax		-		-		-		(3,765)		-		(3,765)
Net loss	$	(155,465)	$	(155,465)	$	(49,012)	$	(30,303)	$	234,780	$	(155,465)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(155,465)	$	(155,465)	$	(49,012)	$	(30,303)	$	234,780	$	(155,465)
Change in cumulative translation adjustment, net of tax		7,746		7,746		-		7,746		(15,492)		7,746
Comprehensive loss	$	(147,719)	$	(147,719)	$	(49,012)	$	(22,557)	$	219,288	$	(147,719)

Condensed Consolidating Statements Of Cash Flows



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Six Months Ended June 30, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	12,342	$	(91,600)	$	131,729	$	(1,787)	$	(11,269)	$	39,415

Cash flows from investing activities:
Payments for capital expenditures		-		(549)		(114,360)		(4,932)		-		(119,841)
Proceeds from sales of assets		-		-		10,150		13,147		-		23,297
Net cash used in investing activities		-		(549)		(104,210)		8,215		-		(96,544)

Cash flows from financing activities:
Intercompany dividends		-		-		-		(11,269)		11,269		-
Changes in notes with affiliated companies, net		(8,834)		34,815		(35,613)		9,632		-		-
Other		(3,508)		(392)		-		-		-		(3,900)
Net cash provided by (used in) financing activities		(12,342)		34,423		(35,613)		(1,637)		11,269		(3,900)
Effect of exchange rate changes on cash		-		-		-		(1,311)		-		(1,311)
Net decrease in cash, cash equivalents, and restricted cash		-		(57,726)		(8,094)		3,480		-		(62,340)

Cash, cash equivalents, and restricted cash at beginning of period		-		126,533		20,923		45,027		-		192,483
Cash, cash equivalents, and restricted cash at end of period	$	-	$	68,807	$	12,829	$	48,507	$	-	$	130,143



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Six Months Ended June 30, 2017
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	13,572	$	11,674	$	(520)	$	(7,579)	$	17,147

Cash flows from investing activities:
Payments for capital expenditures		-		(461)		(45,506)		(10,682)		(56,649)
Other		-		-		4,090		-		4,090
Net cash used in investing activities		-		(461)		(41,416)		(10,682)		(52,559)

Cash flows from financing activities:
Changes in notes with affiliated companies, net		(6,822)		(7,812)		11,026		3,608		-
Other		(6,750)		(224)		-		-		(6,974)
Net cash used in financing activities		(13,572)		(8,036)		11,026		3,608		(6,974)
Effect of exchange rate changes on cash		-		-		-		2,093		2,093
Net decrease in cash, cash equivalents, and restricted cash		-		3,177		(30,910)		(12,560)		(40,293)

Cash, cash equivalents, and restricted cash at beginning of period		-		127,445		51,789		66,858		246,092
Cash, cash equivalents, and restricted cash at end of period	$	-	$	130,622	$	20,879	$	54,298	$	205,799

Revenue (Narrative) (Details)	6 Months Ended
Revenue (Narrative) (Details)	Jun. 30, 2018
Revenue [Abstract]
Revenue performance obligation period	30 days

Revenue (Disaggregation Of Revenues, By Geography) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
Total revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	94,033	68,827	179,235	137,258
Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	276,242	249,079	507,731	454,058
Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	102,004	88,606	202,721	157,211
Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	63,269	63,556	128,179	122,477
U.S. Land [Member]
Disaggregation of Revenue [Line Items]
Total revenues	375,438	317,832	706,934	576,493
U.S. Land [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	43,394	27,770	84,111	48,932
U.S. Land [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	276,242	249,079	507,731	454,058
U.S. Land [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	47,944	33,062	100,401	56,497
U.S. Land [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	7,858	7,921	14,691	17,006
Gulf Of Mexico [Member]
Disaggregation of Revenue [Line Items]
Total revenues	72,228	84,233	148,279	159,181
Gulf Of Mexico [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	23,261	22,266	44,250	45,751
Gulf Of Mexico [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	13,634	19,937	31,134	37,683
Gulf Of Mexico [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	35,333	42,030	72,895	75,747
International [Member]
Disaggregation of Revenue [Line Items]
Total revenues	87,882	68,003	162,653	135,330
International [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	27,378	18,791	50,874	42,575
International [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	40,426	35,607	71,186	63,031
International [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 20,078	$ 13,605	$ 40,593	$ 29,724

Revenue (Disaggregation Of Revenues, By Type) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
Total revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	94,033	68,827	179,235	137,258
Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	276,242	249,079	507,731	454,058
Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	102,004	88,606	202,721	157,211
Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	63,269	63,556	128,179	122,477
Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	446,812	404,131	846,580	738,581
Services [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	27,461	19,629	51,466	36,500
Services [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	266,071	240,461	487,418	439,907
Services [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	93,678	82,575	188,292	145,857
Services [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	59,602	61,466	119,404	116,317
Rentals [Member]
Disaggregation of Revenue [Line Items]
Total revenues	88,736	65,937	171,286	132,423
Rentals [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	66,572	49,198	127,769	100,758
Rentals [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	10,171	8,618	20,313	14,151
Rentals [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	8,326	6,031	14,429	11,354
Rentals [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 3,667	$ 2,090	$ 8,775	$ 6,160

Inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Inventory [Abstract]
Finished Goods	$ 72,884	$ 61,764
Raw materials	14,955	13,727
Work-in-process	10,051	6,174
Supplies and consumables	26,309	24,923
Total	$ 124,199	$ 106,588

Notes Receivable (Details) - USD ($) $ in Millions	6 Months Ended
Notes Receivable (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jun. 30, 2017
Notes Receivable [Abstract]
Amount of notes receivable	$ 115.0
Interest rate percentage to record present value of notes receivable	6.58%
Company recorded interest income	$ 1.9	$ 1.7

Decommissioning Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Summary of the activity for the Company's decommissioning liabilities
Decommissioning liabilities	$ 127.2	$ 130.4

Debt (Narrative) (Details)	Jun. 30, 2018 USD ($)
Debt Instrument [Line Items]
Current borrowing capacity	$ 263,000,000
Letters of Credit Outstanding, Amount	37,900,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	300,000,000
Senior Unsecured Notes Due 2021 [Member]
Debt Instrument [Line Items]
Debt issuance	$ 800,000,000
Stated interest rate on unsecured senior notes	7.125%
Senior Unsecured Notes Due 2024 [Member]
Debt Instrument [Line Items]
Debt issuance	$ 500,000,000
Stated interest rate on unsecured senior notes	7.75%

Debt (Schedule Of Long Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt, gross	$ 1,300,000	$ 1,300,000
Unamortized debt issuance costs	(18,855)	(20,229)
Total debt, net	1,281,145	1,279,771
Senior Unsecured Notes Due 2024 [Member]
Debt Instrument [Line Items]
Total debt, gross	500,000	500,000
Senior Unsecured Notes Due 2021 [Member]
Debt Instrument [Line Items]
Total debt, gross	$ 800,000	$ 800,000

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fair Value Measurements [Abstract]
Fair value of long term debt	$ 1,321.0	$ 1,347.0

Fair Value Measurements (Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net	$ 14,277	$ 14,187
Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable	1,163	1,253
Other long-term liabilities	21,081	21,085
Level 1 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net	373	370
Level 1 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable
Other long-term liabilities
Level 2 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net	13,904	13,817
Level 2 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable	1,163	1,253
Other long-term liabilities	21,081	21,085
Level 3 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net
Level 3 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable
Other long-term liabilities

Segment Information (Schedule Of Segment Reporting Information By Segment And Identifiable Assets) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	369,810	351,802	713,270	673,788
Depreciation, depletion, amortization and accretion	97,973	108,119	203,692	222,400
General and administrative expenses	69,896	76,708	145,716	152,201
Loss from operations	(2,131)	(66,561)	(44,812)	(177,385)
Interest income (expense), net	(24,894)	(23,333)	(49,781)	(47,583)
Other expense	(2,382)	(2,156)	(4,117)	(1,507)
Loss from continuing operations before income taxes	(29,407)	(92,050)	(98,710)	(226,475)
Identifiable Assets	3,020,985		3,020,985		$ 3,110,225
Drilling Products and Services [Member]
Segment Reporting Information [Line Items]
Total revenues	94,033	68,827	179,235	137,258
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	36,599	33,002	71,669	62,060
Depreciation, depletion, amortization and accretion	28,590	33,619	58,231	68,348
General and administrative expenses	13,843	12,739	26,367	25,705
Loss from operations	15,001	(10,533)	22,968	(18,855)
Loss from continuing operations before income taxes	15,001	(10,533)	22,968	(18,855)
Identifiable Assets	578,083		578,083		662,968
Onshore Completion and Workover Services [Member]
Segment Reporting Information [Line Items]
Total revenues	276,242	249,079	507,731	454,058
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	210,206	207,021	390,857	400,710
Depreciation, depletion, amortization and accretion	47,423	44,621	95,078	93,768
General and administrative expenses	11,102	11,804	24,328	23,075
Loss from operations	7,511	(14,367)	(2,532)	(63,495)
Loss from continuing operations before income taxes	7,511	(14,367)	(2,532)	(63,495)
Identifiable Assets	1,553,343		1,553,343		1,501,214
Production Services [Member]
Segment Reporting Information [Line Items]
Total revenues	102,004	88,606	202,721	157,211
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	85,129	71,377	171,065	132,157
Depreciation, depletion, amortization and accretion	14,303	20,193	33,583	40,782
General and administrative expenses	9,696	11,886	19,289	23,167
Loss from operations	(7,124)	(14,850)	(21,216)	(38,895)
Loss from continuing operations before income taxes	(7,124)	(14,850)	(21,216)	(38,895)
Identifiable Assets	491,859		491,859		512,256
Technical Solutions [Member]
Segment Reporting Information [Line Items]
Total revenues	63,269	63,556	128,179	122,477
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	37,876	40,402	79,679	78,861
Depreciation, depletion, amortization and accretion	6,273	8,255	14,003	16,631
General and administrative expenses	13,323	13,828	27,383	27,396
Loss from operations	5,797	1,071	7,114	(411)
Interest income (expense), net	971	911	1,927	1,701
Loss from continuing operations before income taxes	6,768	1,982	9,041	1,290
Identifiable Assets	345,196		345,196		377,549
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Depreciation, depletion, amortization and accretion	1,384	1,431	2,797	2,871
General and administrative expenses	21,932	26,451	48,349	52,858
Loss from operations	(23,316)	(27,882)	(51,146)	(55,729)
Interest income (expense), net	(25,865)	(24,244)	(51,708)	(49,284)
Other expense	(2,382)	(2,156)	(4,117)	(1,507)
Loss from continuing operations before income taxes	(51,563)	$ (54,282)	(106,971)	$ (106,520)
Identifiable Assets	$ 52,504		$ 52,504		$ 56,238

Segment Information (Revenue By Geographic Area) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Long-lived assets	1,240,703		1,240,703		$ 1,316,944
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	447,666	402,065	855,213	735,674
Long-lived assets	1,001,738		1,001,738		1,064,823
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	87,882	$ 68,003	162,653	$ 135,330
Long-lived assets	$ 238,965		$ 238,965		$ 252,121

Stock-Based Compensation Plans (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Awards, Excluding ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 16.3	$ 19.7

Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Income Taxes [Abstract]
Unrecorded tax benefits	$ 30.7	$ 30.7

Supplemental Guarantor Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2018 USD ($)
Condensed Financial Statements, Captions [Line Items]
Subsidiary ownership	100.00%
Unsecured Senior Notes Due 2024 [Member]
Condensed Financial Statements, Captions [Line Items]
Unsecured senior notes	$ 500,000
Stated interest rate on unsecured senior notes	7.75%

Supplemental Guarantor Information (Condensed Consolidating Balance Sheets) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 118,512	$ 172,000
Accounts receivable, net	441,983	398,056
Income taxes receivable		959
Other current assets	201,953	176,160
Assets held for sale		13,644
Total current assets	762,448	760,819
Property, plant and equipment, net	1,240,703	1,316,944
Goodwill	806,813	807,860
Notes receivable	62,041	60,149
Restricted cash	11,631	20,483
Intangible and other long-term assets, net	137,349	143,970
Total assets	3,020,985	3,110,225
Current liabilities:
Accounts payable	162,125	119,716
Accrued expenses	201,665	221,757
Current portion of decommissioning liabilities	24,156	27,261
Liabilities held for sale		6,463
Total current liabilities	387,946	375,197
Deferred income taxes	41,758	61,058
Decommissioning liabilities	103,088	103,136
Long-term debt, net	1,281,145	1,279,771
Other long-term liabilities	154,333	158,634
Total stockholders' equity	1,052,715	1,132,429
Total liabilities and stockholders' equity	3,020,985	3,110,225
Eliminations [Member]
Current assets:
Accounts receivable, net		(5,235)
Intercompany accounts receivable	(82,736)	(70,700)
Total current assets	(82,736)	(75,935)
Long-term intercompany accounts receivable	(4,468,870)	(4,431,595)
Equity investments of consolidated subsidiaries	(3,290,464)	(3,399,556)
Total assets	(7,842,070)	(7,907,086)
Current liabilities:
Accounts payable		(5,235)
Intercompany accounts payable	(82,736)	(70,700)
Total current liabilities	(82,736)	(75,935)
Long-term intercompany accounts payable	(4,468,870)	(4,431,595)
Total stockholders' equity	(3,290,464)	(3,399,556)
Total liabilities and stockholders' equity	(7,842,070)	(7,907,086)
Parent [Member]
Current assets:
Long-term intercompany accounts receivable	2,230,531	2,221,697
Equity investments of consolidated subsidiaries	(1,177,514)	(1,088,736)
Total assets	1,053,017	1,132,961
Current liabilities:
Accrued expenses	302	532
Total current liabilities	302	532
Total stockholders' equity	1,052,715	1,132,429
Total liabilities and stockholders' equity	1,053,017	1,132,961
Issuer [Member]
Current assets:
Cash and cash equivalents	68,807	126,533
Accounts receivable, net	(924)
Intercompany accounts receivable	8,920	6,460
Other current assets	12,190	11,895
Total current assets	88,993	144,888
Property, plant and equipment, net	10,609	12,055
Equity investments of consolidated subsidiaries	4,461,755	4,481,702
Intangible and other long-term assets, net	21,217	22,118
Total assets	4,582,574	4,660,763
Current liabilities:
Accounts payable	12,184	14,339
Accrued expenses	103,998	116,767
Intercompany accounts payable	724	724
Total current liabilities	116,906	131,830
Deferred income taxes	(156,705)	(147,116)
Long-term debt, net	1,281,145	1,279,771
Long-term intercompany accounts payable	4,468,870	4,431,595
Other long-term liabilities	49,872	53,419
Total stockholders' equity	(1,177,514)	(1,088,736)
Total liabilities and stockholders' equity	4,582,574	4,660,763
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	1,243	440
Accounts receivable, net	372,274	332,402
Income taxes receivable		(221)
Intercompany accounts receivable	68,283	58,375
Other current assets	153,887	129,970
Total current assets	595,687	520,966
Property, plant and equipment, net	1,035,229	1,093,446
Goodwill	657,099	657,099
Notes receivable	62,041	60,149
Long-term intercompany accounts receivable	2,058,093	2,032,056
Equity investments of consolidated subsidiaries	6,223	6,590
Restricted cash	11,586	20,483
Intangible and other long-term assets, net	108,503	113,632
Total assets	4,534,461	4,504,421
Current liabilities:
Accounts payable	128,478	89,714
Accrued expenses	74,908	80,825
Intercompany accounts payable	8,250	7,918
Current portion of decommissioning liabilities	20,670	25,670
Total current liabilities	232,306	204,127
Deferred income taxes	194,992	205,386
Decommissioning liabilities	103,088	101,293
Other long-term liabilities	78,276	79,061
Total stockholders' equity	3,925,799	3,914,554
Total liabilities and stockholders' equity	4,534,461	4,504,421
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	48,462	45,027
Accounts receivable, net	70,633	70,889
Income taxes receivable		1,180
Intercompany accounts receivable	5,533	5,865
Other current assets	35,876	34,295
Assets held for sale		13,644
Total current assets	160,504	170,900
Property, plant and equipment, net	194,865	211,443
Goodwill	149,714	150,761
Long-term intercompany accounts receivable	180,246	177,842
Restricted cash	45
Intangible and other long-term assets, net	7,629	8,220
Total assets	693,003	719,166
Current liabilities:
Accounts payable	21,463	20,898
Accrued expenses	22,457	23,633
Intercompany accounts payable	73,762	62,058
Current portion of decommissioning liabilities	3,486	1,591
Liabilities held for sale		6,463
Total current liabilities	121,168	114,643
Deferred income taxes	3,471	2,788
Decommissioning liabilities		1,843
Other long-term liabilities	26,185	26,154
Total stockholders' equity	542,179	573,738
Total liabilities and stockholders' equity	$ 693,003	$ 719,166

Supplemental Guarantor Information (Condensed Consolidating Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Revenues	$ 535,548	$ 470,068	$ 1,017,866	$ 871,004
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	369,810	351,802	713,270	673,788
Depreciation, depletion, amortization and accretion	97,973	108,119	203,692	222,400
General and administrative expenses	69,896	76,708	145,716	152,201
Loss from operations	(2,131)	(66,561)	(44,812)	(177,385)
Other income (expense):
Interest expense, net	(24,894)	(23,333)	(49,781)	(47,583)
Other income (expense)	(2,382)	(2,156)	(4,117)	(1,507)
Loss from continuing operations before income taxes	(29,407)	(92,050)	(98,710)	(226,475)
Income taxes	(3,970)	(30,011)	(13,325)	(74,775)
Net loss from continuing operations	(25,437)	(62,039)	(85,385)	(151,700)
Loss from discontinued operations, net of income tax	(953)	(1,767)	(729)	(3,765)
Net loss	(26,390)	(63,806)	(86,114)	(155,465)
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	(11,465)	(2,571)	(17,540)	(7,683)
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	(11,465)	(2,571)	(17,540)	(7,683)
Other income (expense):
Equity in losses of consolidated subsidiaries	15,229	88,499	92,591	234,780
Loss from continuing operations before income taxes	15,229	88,499	92,591	234,780
Net loss from continuing operations	15,229	88,499	92,591	234,780
Net loss	15,229	88,499	92,591	234,780
Parent [Member]
Other income (expense):
Equity in losses of consolidated subsidiaries	(26,390)	(63,806)	(86,114)	(155,465)
Loss from continuing operations before income taxes	(26,390)	(63,806)	(86,114)	(155,465)
Net loss from continuing operations	(26,390)	(63,806)	(86,114)	(155,465)
Net loss	(26,390)	(63,806)	(86,114)	(155,465)
Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	(2,963)	1,500	(5,589)	2,260
Depreciation, depletion, amortization and accretion	990	1,035	2,009	2,081
General and administrative expenses	21,098	25,948	46,762	51,883
Loss from operations	(19,125)	(28,483)	(43,182)	(56,224)
Other income (expense):
Interest expense, net	(25,884)	(24,370)	(51,754)	(49,611)
Other income (expense)	(186)	(311)	(252)	(722)
Equity in losses of consolidated subsidiaries	11,361	(24,545)	(6,109)	(79,107)
Loss from continuing operations before income taxes	(33,834)	(77,709)	(101,297)	(185,664)
Income taxes	(7,444)	(13,903)	(15,183)	(30,199)
Net loss from continuing operations	(26,390)	(63,806)	(86,114)	(155,465)
Net loss	(26,390)	(63,806)	(86,114)	(155,465)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	473,724	416,328	908,858	770,188
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	334,169	311,009	645,233	595,969
Depreciation, depletion, amortization and accretion	85,501	94,031	178,215	194,599
General and administrative expenses	35,668	37,732	74,357	74,876
Loss from operations	18,386	(26,444)	11,053	(95,256)
Other income (expense):
Interest expense, net	980	957	1,947	1,759
Other income (expense)	264	206	538	447
Equity in losses of consolidated subsidiaries	(200)	(148)	(368)	(208)
Loss from continuing operations before income taxes	19,430	(25,429)	13,170	(93,258)
Income taxes	3,001	(15,278)	1,925	(44,246)
Net loss from continuing operations	16,429	(10,151)	11,245	(49,012)
Net loss	16,429	(10,151)	11,245	(49,012)
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	73,289	56,311	126,548	108,499
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	50,069	41,864	91,166	83,242
Depreciation, depletion, amortization and accretion	11,482	13,053	23,468	25,720
General and administrative expenses	13,130	13,028	24,597	25,442
Loss from operations	(1,392)	(11,634)	(12,683)	(25,905)
Other income (expense):
Interest expense, net	10	80	26	269
Other income (expense)	(2,460)	(2,051)	(4,403)	(1,232)
Loss from continuing operations before income taxes	(3,842)	(13,605)	(17,060)	(26,868)
Income taxes	473	(830)	(67)	(330)
Net loss from continuing operations	(4,315)	(12,775)	(16,993)	(26,538)
Loss from discontinued operations, net of income tax	(953)	(1,767)	(729)	(3,765)
Net loss	$ (5,268)	$ (14,542)	$ (17,722)	$ (30,303)

Supplemental Guarantor Information (Consolidating Statements of Comprehensive Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Net loss	$ (26,390)	$ (63,806)	$ (86,114)	$ (155,465)
Change in cumulative translation adjustment, net of tax	(7,053)	6,022	(2,665)	7,746
Comprehensive loss	(33,443)	(57,784)	(88,779)	(147,719)
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	15,229	88,499	92,591	234,780
Change in cumulative translation adjustment, net of tax	14,106	(12,044)	5,330	(15,492)
Comprehensive loss	29,335	76,455	97,921	219,288
Parent [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	(26,390)	(63,806)	(86,114)	(155,465)
Change in cumulative translation adjustment, net of tax	(7,053)	6,022	(2,665)	7,746
Comprehensive loss	(33,443)	(57,784)	(88,779)	(147,719)
Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	(26,390)	(63,806)	(86,114)	(155,465)
Change in cumulative translation adjustment, net of tax	(7,053)	6,022	(2,665)	7,746
Comprehensive loss	(33,443)	(57,784)	(88,779)	(147,719)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	16,429	(10,151)	11,245	(49,012)
Comprehensive loss	16,429	(10,151)	11,245	(49,012)
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	(5,268)	(14,542)	(17,722)	(30,303)
Change in cumulative translation adjustment, net of tax	(7,053)	6,022	(2,665)	7,746
Comprehensive loss	$ (12,321)	$ (8,520)	$ (20,387)	$ (22,557)

Supplemental Guarantor Information (Condensed Consolidating Statements of Cash Flows) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$ 39,415	$ 17,147
Cash flows from investing activities:
Payments for capital expenditures	(119,841)	(56,649)
Proceeds from sales of assets	23,297	4,090
Net cash used in investing activities	(96,544)	(52,559)
Cash flows from financing activities:
Other	(3,900)	(6,974)
Net cash provided by (used in) financing activities	(3,900)	(6,974)
Effect of exchange rate changes on cash	(1,311)	2,093
Net decrease in cash, cash equivalents, and restricted cash	(62,340)	(40,293)
Cash, cash equivalents, and restricted cash at beginning of period	192,483	246,092
Cash, cash equivalents, and restricted cash at end of period	130,143	205,799
Eliminations [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(11,269)
Cash flows from financing activities:
Intercompany dividends	11,269
Net cash provided by (used in) financing activities	11,269
Parent [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	12,342	13,572
Cash flows from financing activities:
Changes in notes with affiliated companies, net	(8,834)	(6,822)
Other	(3,508)	(6,750)
Net cash provided by (used in) financing activities	(12,342)	(13,572)
Issuer [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(91,600)	11,674
Cash flows from investing activities:
Payments for capital expenditures	(549)	(461)
Net cash used in investing activities	(549)	(461)
Cash flows from financing activities:
Changes in notes with affiliated companies, net	34,815	(7,812)
Other	(392)	(224)
Net cash provided by (used in) financing activities	34,423	(8,036)
Net decrease in cash, cash equivalents, and restricted cash	(57,726)	3,177
Cash, cash equivalents, and restricted cash at beginning of period	126,533	127,445
Cash, cash equivalents, and restricted cash at end of period	68,807	130,622
Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	131,729	(520)
Cash flows from investing activities:
Payments for capital expenditures	(114,360)	(45,506)
Proceeds from sales of assets	10,150	4,090
Net cash used in investing activities	(104,210)	(41,416)
Cash flows from financing activities:
Changes in notes with affiliated companies, net	(35,613)	11,026
Net cash provided by (used in) financing activities	(35,613)	11,026
Net decrease in cash, cash equivalents, and restricted cash	(8,094)	(30,910)
Cash, cash equivalents, and restricted cash at beginning of period	20,923	51,789
Cash, cash equivalents, and restricted cash at end of period	12,829	20,879
Non-Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(1,787)	(7,579)
Cash flows from investing activities:
Payments for capital expenditures	(4,932)	(10,682)
Proceeds from sales of assets	13,147
Net cash used in investing activities	8,215	(10,682)
Cash flows from financing activities:
Intercompany dividends	(11,269)
Changes in notes with affiliated companies, net	9,632	3,608
Net cash provided by (used in) financing activities	(1,637)	3,608
Effect of exchange rate changes on cash	(1,311)	2,093
Net decrease in cash, cash equivalents, and restricted cash	3,480	(12,560)
Cash, cash equivalents, and restricted cash at beginning of period	45,027	66,858
Cash, cash equivalents, and restricted cash at end of period	$ 48,507	$ 54,298

Discontinued Operations (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Discontinued Operations [Abstract]
Loss from discontinued operations before income tax	$ 1.0	$ 1.8	$ 0.7	$ 3.8
Pre-tax gain loss after sale			$ 0.8

- Definition

Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

New Accounting Pronouncements (Details) $ in Millions	6 Months Ended
New Accounting Pronouncements (Details) $ in Millions	Jun. 30, 2018 USD ($)
Accounting Standards Update 2016-18 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effect of change in accounting principle	$ 30.6