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Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Reconciliation of Segment Adjusted EBITDA to Net Loss

The following table presents a reconciliation of Segment Adjusted EBITDA to net (loss) income (in thousands of U.S. dollars):



	Year Ended December 31,
	2019			2018			2017
Segment Adjusted EBITDA:
Directional Drilling	$	34,093		$	23,694		$	17,498
Pressure Pumping	(5,053		)	28,700			27,784
Pressure Control	10,958			18,389			6,539
Wireline	(1,122		)	1,362			(1,794		)
Corporate and Other	(21,454		)	(33,573		)	(17,459		)
Impairment and other charges	(41,559		)	—			—
Income tax expense	(444		)	(621		)	(91		)
Interest expense	(3,213		)	(11,825		)	(11,251		)
Depreciation and amortization	(49,519		)	(46,683		)	(45,687		)
Gain on disposition of assets	1,914			2,375			2,639
Other (expense) income	(37		)	—			666
Net loss	$	(75,436	)	$	(18,182	)	$	(21,156	)

Schedule of Financial Information Related to Assets Position

Financial information related to the Company’s total assets position as of December 31, 2019 and December 31, 2018, by segment, is as follows (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Directional Drilling	$	99,456	$	96,942
Pressure Pumping	45,875		121,824
Pressure Control	67,685		70,401
Wireline	21,304		28,039
Total	$	234,320	$	317,206
Corporate & Other	6,209		7,343
Total assets	$	240,529	$	324,549

Schedule of Financial Information with Respect to Reportable Segments



	Year Ended December 31, 2019
	Directional Drilling		Pressure Pumping		Pressure Control		Wireline		Total
Revenues	$	227,949	$	90,185	$	106,594	$	59,555	$	484,283
Depreciation and amortization	$	12,509	$	20,370	$	12,662	$	3,978	$	49,519
Capital expenditures	$	14,966	$	5,208	$	13,170	$	1,903	$	35,247

	Year Ended December 31, 2018
	Directional Drilling		Pressure Pumping		Pressure Control		Wireline		Total
Revenues	$	192,491	$	214,154	$	122,620	$	75,089	$	604,354
Depreciation and amortization	$	10,849	$	22,571	$	9,207	$	4,056	$	46,683
Capital expenditures	$	13,003	$	29,235	$	20,125	$	2,594	$	64,957

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 14,730	$ 13,804
Accounts receivable, net of allowance of $4,057 and $1,841	66,309	101,620
Unbilled receivables	6,913	13,766
Inventories (Note 3)	21,601	23,464
Prepaid expenses and other current assets	8,410	7,481
Total current assets	117,963	160,135
Property, plant and equipment, net (Note 4)	110,375	153,878
Operating lease right-of-use asset (Note 8)	10,943
Intangible assets, net (Note 5)	0	9,019
Other assets	1,248	1,517
Total assets	240,529	324,549
Current liabilities:
Accounts payable	34,478	51,568
Accrued liabilities (Note 4)	29,521	37,533
Current lease liabilities	7,224	422
Total current liabilities	71,223	89,523
Long-term debt (Note 5)	21,000	29,500
Long-term operating lease liabilities	7,970
Long-term finance lease liabilities (Note 8)	7,961
Long-term finance lease liabilities (Note 8)		3,451
Deferred tax liability, net	112	130
Other long-term liabilities	2	125
Total liabilities	108,268	122,729
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred shares, $0.01 par value, 10,000,000 authorized; none issued and outstanding	0	0
Common shares, $0.01 par value, 150,000,000 authorized; 34,558,877 issued; 33,333,547 outstanding	356	344
Additional paid-in-capital	357,996	349,080
Treasury shares, at cost, 1,225,330 and 232,892 common shares	(4,872)	(1,821)
Accumulated deficit	(221,219)	(145,783)
Total shareholders’ equity	132,261	201,820
Total liabilities and shareholders’ equity	$ 240,529	$ 324,549

Consolidated Statement of Shareholder's Equity - USD ($) $ in Thousands	Total	Members' Equity	Common Stock	Additional Paid in Capital	Treasury Stock	Accumulated Deficit
Members' Equity, beginning balance (shares) at Dec. 31, 2016		417,441,000
Members' Equity, beginning balance at Dec. 31, 2016		$ 212,630
Balance at beginning of period (shares) at Dec. 31, 2016			0
Balance at beginning of period at Dec. 31, 2016	$ 106,124		$ 0	$ 0	$ 0	$ (106,506)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(21,156)					(21,156)
Members' Equity, ending balance (shares) at Dec. 31, 2017		417,441,074
Members' Equity, ending balance at Dec. 31, 2017		$ 212,630
Balance at end of period (shares) at Dec. 31, 2017			0
Balance at end of period at Dec. 31, 2017	84,968		$ 0	0	0	(127,662)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ (1,546)					(1,546)
Balance at end of period (shares) at Feb. 13, 2018	32,857,660
Members' Equity, beginning balance (shares) at Dec. 31, 2017		417,441,074
Members' Equity, beginning balance at Dec. 31, 2017		$ 212,630
Balance at beginning of period (shares) at Dec. 31, 2017			0
Balance at beginning of period at Dec. 31, 2017	$ 84,968		$ 0	0	0	(127,662)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Effect of Reorganization Transactions (shares)		(417,441,000)	23,598,000
Effect of Reorganization Transactions	33,631	$ (212,630)	$ 238	246,023
Issuance of common stock sold in initial public offering, net of offering costs (shares)			9,632,000
Issuance of common stock sold in initial public offering, net of offering costs	90,542		$ 96	90,446
Net (loss) income	(18,182)
Cost incurred for stock issuance	(5,277)			(5,277)
Equity-based compensation (shares)			544,000
Equity-based compensation	17,898		$ 10	17,888
Tax withholding on stock vesting (shares)			(137,000)
Tax withholding on stock vesting	(1,284)				(1,284)
Opening deferred tax adjustment	61					61
Stock buyback plan activity (shares)			(96,000)
Stock buyback plan activity	$ (537)				(537)
Members' Equity, ending balance (shares) at Dec. 31, 2018		0
Members' Equity, ending balance at Dec. 31, 2018		$ 0
Balance at end of period (shares) at Dec. 31, 2018	33,333,547		33,541,000
Balance at end of period at Dec. 31, 2018	$ 201,820		$ 344	349,080	(1,821)	(145,783)
Balance at beginning of period (shares) at Feb. 13, 2018	32,857,660
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ (16,636)					(16,636)
Members' Equity, ending balance (shares) at Dec. 31, 2018		0
Members' Equity, ending balance at Dec. 31, 2018		$ 0
Balance at end of period (shares) at Dec. 31, 2018	33,333,547		33,541,000
Balance at end of period at Dec. 31, 2018	$ 201,820		$ 344	349,080	(1,821)	(145,783)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(75,436)					(75,436)
Equity-based compensation (shares)			774,000
Equity-based compensation	8,928		$ 12	8,916
Tax withholding on stock vesting (shares)			(218,000)
Tax withholding on stock vesting	(1,024)				(1,024)
Stock buyback plan activity (shares)			(764,000)
Stock buyback plan activity	$ (2,027)				(2,027)
Members' Equity, ending balance (shares) at Dec. 31, 2019		0
Members' Equity, ending balance at Dec. 31, 2019		$ 0
Balance at end of period (shares) at Dec. 31, 2019	33,333,547		33,333,000
Balance at end of period at Dec. 31, 2019	$ 132,261		$ 356	$ 357,996	$ (4,872)	$ (221,219)

Accrued Liabilities - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current accrued liabilities:
Accrued payables	$ 7,985	$ 12,943
Payroll and payroll taxes	7,665	7,051
Bonus	3,147	6,117
Workers compensation insurance premiums	1,328	1,532
Sales tax	1,813	2,599
Ad valorem tax	648	581
Health insurance claims	1,010	921
Other accrued liabilities	5,925	5,789
Total accrued liabilities	$ 29,521	$ 37,533

Revenue - Narrative (Details)	Dec. 31, 2019 USD ($)
Revenue from Contract with Customer [Abstract]
Contract assets recognized related to contracts with customers	$ 0
Contract liabilities recognized related to contracts with customers	$ 0

Impairments and Other Charges

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Impairment and Other Charges

Impairments and Other Charges

The following table presents impairment charges by asset group and related segment along with other charges that were recorded for the year-ended December 31, 2019 in the consolidated Statements of Operations (in thousands of U.S. dollars):



	Pressure Pumping		Wireline		Pressure Control		Corporate		Year Ended December 31, 2019
Property, plant and equipment	$	26,350	$	318	$	—	$	—	$	26,668
Intangible assets	7,659		—		—		—		7,659
Operating lease right of use assets	169		1,719		—		—		1,888
Total impairment	34,178		2,037		—		—		36,215
Restructuring charges	1,600		1,576		162		2,006		5,344
Total impairment and restructuring	$	35,778	$	3,613	$	162	$	2,006	$	41,559

We evaluate our long-lived assets for impairment whenever there are changes in facts which suggest that the carrying value of the asset is not recoverable. During the third quarter of 2019, we conducted a review of our Wireline and Pressure Pumping asset groups in consideration of the completion of our fourth quarter 2019 forecast which provided additional insights into expectations of lower growth and margins for the Wireline and Pressure Pumping asset groups. As a result of our review, we determined that the sum of the estimated undiscounted future cash flows of these asset groups were below their respective carrying amounts and thus were not recoverable. As a result, we performed an impairment assessment for these asset groups as of September 30, 2019 using the market and income approaches to determine fair value. The review included an assessment of certain assumptions, including, but not limited to, the evaluation of expected future cash flow estimates, discount rates, capital expenditures, and estimated economic useful lives. As a result of our impairment assessment, we impaired the carrying value to estimated fair value and recognized a non-cash impairment loss of $36.2 million.

QES also recorded $5.3 million in restructuring charges during the third quarter of 2019. The Company implemented a corporate restructuring program to align its cost structure with the current and anticipated market conditions for onshore oilfield service providers. As a result, QES recorded $2.2 million in severance costs related to leadership and organizational structure changes primarily in its Corporate segment, $1.3 million write down of inventory at its Wireline segment due to changes in its business model, $1.6 million related to the early termination of a supply contract in its Pressure Pumping segment, and $0.2 million related to the abandonment of a facility lease at its Pressure Control segment.

Segment Information - Reconciliation of Segment Adjusted EBITDA to Net Loss (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Impairment and other expense	$ (16)	$ (41,543)	$ 0	$ 0					$ (41,559)	$ 0	$ 0
Income tax expense	51	(164)	(154)	(177)	$ (37)	$ (207)	$ (326)	$ (51)	(444)	(621)	(91)
Interest expense									(3,213)	(11,825)	(11,251)
Depreciation and amortization	(10,734)	(13,229)	(13,116)	(12,440)	(12,417)	(12,033)	(11,155)	(11,078)	(49,519)	(46,683)	(45,687)
Gain on disposition of assets, net	622	1,116	153	23	$ 1,046	$ 629	$ 594	$ 106	1,914	2,375	2,639
Other income (expense), net	$ (37)	$ 0	$ 0	$ 0					(37)	0	666
Net loss									(75,436)	(18,182)	(21,156)
Directional Drilling
Segment Reporting, Revenue Reconciling Item [Line Items]
Depreciation and amortization									(12,509)	(10,849)	(11,994)
Pressure Pumping
Segment Reporting, Revenue Reconciling Item [Line Items]
Depreciation and amortization									(20,370)	(22,571)	(22,867)
Pressure Control
Segment Reporting, Revenue Reconciling Item [Line Items]
Depreciation and amortization									(12,662)	(9,207)	(6,560)
Wireline
Segment Reporting, Revenue Reconciling Item [Line Items]
Depreciation and amortization									(3,978)	(4,056)	(4,266)
Operating Segments \| Directional Drilling
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment Adjusted EBITDA									34,093	23,694	17,498
Operating Segments \| Pressure Pumping
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment Adjusted EBITDA									(5,053)	28,700	27,784
Impairment and other expense									(35,778)
Operating Segments \| Pressure Control
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment Adjusted EBITDA									10,958	18,389	6,539
Impairment and other expense									(162)
Operating Segments \| Wireline
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment Adjusted EBITDA									(1,122)	1,362	(1,794)
Impairment and other expense									(3,613)
Corporate and Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment Adjusted EBITDA									(21,454)	$ (33,573)	$ (17,459)
Impairment and other expense									$ (2,006)

Property, Plant, and Equipment - Capital Leased Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Capital leased assets, gross		$ 2,485
Less: Accumulated depreciation		(676)
Capital leased assets, net		1,809
Machinery and equipment
Property, Plant and Equipment [Line Items]
Capital leased assets, gross		233
Estimated useful life	3 years
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Capital leased assets, gross		$ 2,252
Estimated useful life	20 years

Income Taxes

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

Quintana Energy Services LP was originally organized as a limited partnership and treated as a flow-through entity for federal and most state income tax purposes. As such, taxable income and any related tax credits were passed through to its members and included in their respective tax returns. As a result of the IPO and related Organizational Transactions, QES was formed as a corporation to hold all of the operational assets of QES LP and its subsidiaries. Due to the fact that QES is a taxable entity, the Company established a provision for deferred income taxes as of February 8, 2018. Accordingly, a provision for federal and state corporate income taxes has been made only for the operations of QES from February 8, 2018 through December 31, 2018 in the accompanying consolidated and combined financial statements.

As the Company does not operate internationally, income from continuing operations is sourced exclusively from the United States. The provision for income taxes consisted of the following (in thousands of dollars):



	Year Ended December 31,
	2019			2018			2017
Current income tax (expense) benefit
Federal	$	—		$	(22	)	$	(40	)
State	(502		)	(507		)	(1		)
Total current income tax (expense)	(502		)	(529		)	(41		)
Deferred income tax (expense) benefit
Federal	—			—			(45		)
State	58			(92		)	(5		)
Total deferred income tax (expense) benefit	58			(92		)	(50		)
	$	(444	)	$	(621	)	$	(91	)

The following table presents the reconciliation of our income taxes calculated at the statutory federal tax rate, currently 21.0%, to the income tax provision in our financial statements. The Company’s effective tax rate for 2019 of (0.6)% differs from the statutory rate, primarily due to nondeductible expenses, state taxes and a valuation allowance. The Company's effective tax rate for 2018 and 2017 was (3.9)% and (0.4)%, respectively.



	Year Ended December 31,
	2019		2018		2017
Income tax provision computed at the statutory federal rate	21.0	%	21.0	%	34.0	%
State income taxes, net of federal tax benefit	(0.5	)	(3.7	)	—
Non-deductible wages	(0.3	)	(4.1	)	—
Non-deductible meals and entertainment	(1.0	)	(4.1	)	—
Stock based compensation	(2.6	)	(6.5	)	—
Valuation allowance	(12.5	)	(6.3	)	—
Flow through income not taxable	—		—		(34.4	)
Other differences	—		(0.2	)	—
Change in rate and return to provision	(4.7	)	—		—
Effective tax rate	(0.6	)%	(3.9	)%	(0.4	)%

The preceding table shows the Company’s effective tax rate for 2019, 2018, and 2017 of (0.6)%, (3.9)%, and (0.4)%, respectively. For 2017, the Company’s effective tax rate of (0.4)% differed from the statutory tax rate of 34.0% primarily due to flow through income that is taxable to the owners. As the majority of the Company’s operations in 2017 were taxable to the Company’s owners, the Company’s tax rate in 2017 is attributable to federal and state income tax on the Company’s wholly-owned corporate subsidiaries and Texas franchise taxes. For 2018, the Company’s effective tax rate of (3.9)% differed from the statutory tax rate of 21.0% primarily due to nondeductible expenses, state taxes, and a valuation allowance. Due to the Company’s restructuring related to its Initial Public Offering, unlike in prior years, the majority of the Company’s operations in 2018 were taxable to the Company. For 2019, the Company’s effective tax rate of (0.6)% differed from the statutory tax rate of 21.0% primarily due to nondeductible expenses, state taxes, valuation allowance, and change in rate and return to provision. The year-over-year change in the Company’s effective tax rate from (3.9)% to (0.6)% was primarily driven by a significant increase in the Company’s book loss, however Texas franchise tax expense remained constant since it is a marginal tax.

On December 22, 2017, the US enacted the Tax Cuts and Jobs Act of 2017 (“US Tax Reform”), a comprehensive U.S. tax reform package that, effective January 1, 2018, among other things, lowered the corporate income tax rate from 35% to 21% and moved the country toward a territorial tax system. Under ASC 740 “Income Taxes,” companies are required to recognize the effects of changes in tax laws and tax rates on deferred tax assets and liabilities in the period in which the new legislation is enacted. As a result, all deferred tax assets and liabilities were appropriately measured at the effective rate. The accounting for income tax effects of US Tax Reform was completed in 2018 and the Company did not record any material measurement period adjustments in 2018.

Deferred income taxes are provided to reflect the future tax consequences or benefits of differences between the tax basis of assets and liabilities and their reported amounts in the financial statements using enacted tax rates. Deferred tax assets and liabilities were classified in the consolidated balance sheet as follows (in thousands of dollars):



	Year Ended December 31,
	2019			2018			2017
Deferred tax assets:
Reserves & accruals	$	2,109		$	1,698		$	—
Stock based compensation	994			1,844			—
Intangible assets	52,855			60,978			—
Net operating loss carryforwards	42,241			40,987			—
Other	49			56			—
Operating lease liabilities	2,872			—			—
Total deferred tax assets	$	101,120		$	105,563		$	—
Deferred tax liability:
Prepaid expenses	(131		)	(180		)	—
Property plant and equipment	(10,687		)	(15,486		)	(185		)
Financing lease assets	(922		)	—			—
Operating lease assets	(2,170		)	—			—
Total deferred tax liabilities	$	(13,910	)	$	(15,666	)	$	(185	)
Valuation allowance	(87,322		)	(90,027		)	—
Net deferred tax liability	$	(112	)	$	(130	)	$	(185	)

As of December 31, 2019, the Company had total U.S. federal tax net operating loss (“NOL”) carryforwards of $162.1 million and state NOL carryforwards of $203.8 million. Of these amounts, for U.S. federal purposes, $66.7 million related to the Company’s current year federal tax loss, and the remaining $95.4 million was generated in prior years. In regard to the state NOL carryforwards, $92.0 million is related to the Company’s current year state tax losses and the remaining $111.8 million was generated in prior years. As a result of the US Tax Reform enacted in January 2018, federal net operating losses generated after December 31, 2017 can be carried forward indefinitely. As such, $15.6 million of the Company’s federal carryforwards will begin to expire in 2029 and the remaining carryforwards have no expiration. The Company’s state NOL carryforwards will begin to expire in 2019.

ASC 740, "Income Taxes", requires the Company to reduce its deferred tax assets by a valuation allowance if, based on the weight of the available evidence, it is more likely than not that all or a portion of a deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences are deductible. As a result of the Company’s evaluation of both the positive and negative evidence, the Company determined it does not believe it is more likely than not that its deferred tax assets will be utilized in the foreseeable future and has recorded a valuation allowance.

Changes in the valuation allowance for deferred tax assets were as follows (in thousands of dollars):



Valuation allowance as of the beginning of January 1, 2019	$	(90,027	)
Charged to income tax provision for current year activity	2,705
Valuation allowance as of December 31, 2019	$	(87,322	)

There were no unrecognized tax positions or unrecognized tax benefits nor any accrued interest or penalties associated with unrecognized tax positions during the years ended December 31, 2019, 2018 and 2017. The Company believes it has appropriate support for the income tax positions taken and to be taken on the Company's tax returns and its accruals for tax liabilities are adequate for all open years based on our assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter. The Company's tax returns are open to audit under the statute of limitations for the years ended December 31, 2016 through December 31, 2018 for federal tax purposes and for the years ended December 31, 2016 through December 31, 2018 for state tax purposes.

Business Concentration - Narrative (Details)	12 Months Ended
Business Concentration - Narrative (Details)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue \| Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	10.10%	11.90%	10.30%

Long-Term Debt - Narrative (Details)		3 Months Ended	12 Months Ended
Long-Term Debt - Narrative (Details)	Feb. 13, 2018 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2019 USD ($) d	Dec. 31, 2018 USD ($)
Debt Instrument [Line Items]
Remaining borrowing capacity			$ 61,700,000
Cash and cash equivalents			14,730,000	$ 13,804,000
Letters of credit outstanding			2,800,000
Former Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing facility	$ 110,000,000
Maximum loan to value ratio (as a percent)	70.00%
Minimum liquidity amount	$ 7,500,000
Loss on extinguishment of unamortized deferred costs		$ 300,000
Former Term Loan
Debt Instrument [Line Items]
Term Loan			40,000,000
Former Term Loan \| Archer Well Company Inc.
Debt Instrument [Line Items]
Maximum loan to value ratio (as a percent)	77.00%
Minimum liquidity amount	$ 6,800,000
Term of debt instrument	4 years
Term Loan	$ 40,000,000
Interest rate on unpaid principal amount (as a percent)	10.00%
Loan prepayment fee rate (as a percent)	3.00%
Prepayment fee	$ 1,300,000
Unamortized discount expense		5,400,000
Unamortized deferred financing cost		$ 1,700,000
New ABL Facility
Debt Instrument [Line Items]
Maximum borrowing facility	$ 100,000,000
Term of debt instrument	5 years
Term Loan	$ 13,000,000		21,000,000
Remaining borrowing capacity	$ 77,600,000		$ 37,700,000
Loan interest rate on borrowings outstanding (as a percent)			4.50%
Total liquidity position			$ 52,400,000
Minimum fixed charge coverage ratio			1
Threshold consecutive days \| d			30

Segment Information - Financial Information with Respect to Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 95,909	$ 121,082	$ 125,627	$ 141,665	$ 159,653	$ 150,897	$ 152,536	$ 141,268	$ 484,283	$ 604,354	$ 438,033
Depreciation and amortization	$ 10,734	$ 13,229	$ 13,116	$ 12,440	$ 12,417	$ 12,033	$ 11,155	$ 11,078	49,519	46,683	45,687
Capital expenditures									35,247	64,957	21,244
Directional Drilling
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									227,949	192,491	145,230
Depreciation and amortization									12,509	10,849	11,994
Capital expenditures									14,966	13,003	9,038
Pressure Pumping
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									90,185	214,154	153,118
Depreciation and amortization									20,370	22,571	22,867
Capital expenditures									5,208	29,235	5,268
Pressure Control
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									106,594	122,620	89,912
Depreciation and amortization									12,662	9,207	6,560
Capital expenditures									13,170	20,125	6,446
Wireline
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									59,555	75,089	49,773
Depreciation and amortization									3,978	4,056	4,266
Capital expenditures									$ 1,903	$ 2,594	$ 492

Subsequent Event (Notes)	12 Months Ended
Subsequent Event (Notes)	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event In order to appropriately reflect changes in how the CODM plans to manage its business, reviews and assesses operating performance and allocates resources during the first quarter of 2020, the Company has announced that it will begin reporting results under two reportable segments: Drilling and Completion and Production. Upon the Company's finalization of its restructuring and reporting structure in the first quarter of 2020, the results for the Pressure Pumping segment, Pressure Control segment and Wireline segment which are disclosed as three separate segments in this Form 10-K, consistent with the manner in which the Company's CODM evaluated the business for the year ended December 31, 2019, will begin to be combined into the new Completion and Production segment.

Impairments and Other Charges - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Impairment expense		$ 36,200	$ 36,215	$ 0
Restructuring charges		$ 5,300	$ 5,344
Employee Severance
Property, Plant and Equipment [Line Items]
Restructuring charges	$ 2,200
Write-Down Of Inventory \| Wireline
Property, Plant and Equipment [Line Items]
Restructuring charges	1,300
Contract Termination \| Pressure Pumping
Property, Plant and Equipment [Line Items]
Restructuring charges	1,600
Lease Abandonment \| Pressure Pumping
Property, Plant and Equipment [Line Items]
Restructuring charges	$ 200

Segment Information - Narrative (Details)	12 Months Ended
Segment Information - Narrative (Details)	Dec. 31, 2019 Segment
Segment Reporting [Abstract]
Number of reportable segments	4

Selected Quarterly Financial Data Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data

The following tables sets forth certain financial and operating information for each quarter in the years ended December 31, 2019 and 2018. The quarterly information includes all adjustments that, in the opinion of management, are necessary for the fair presentation of the information presented. Operating results for interim periods are not necessarily indicative of the results that may be expected for a full fiscal year.



	Year Ended December 31, 2019
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenue	$	141,665		$	125,627		$	121,082		$	95,909
Cost and Expenses:
Direct operating costs	121,551			109,075			101,737			79,361
General and administrative	15,710			13,862			12,056			13,509
Depreciation and amortization	12,440			13,116			13,229			10,734
Gain on disposition of assets	(23		)	(153		)	(1,116		)	(622		)
Impairment and other charges	—			—			41,543			16
Operating loss	(8,013		)	(10,273		)	(46,367		)	(7,089		)
Interest expense	(671		)	(853		)	(898		)	(791		)
Other expense	—			—			—			(37		)
Net loss before income taxes	(8,684		)	(11,126		)	(47,265		)	(7,917		)
Income tax (expense) benefit	(177		)	(154		)	(164		)	51
Net loss attributable to Quintana Energy Services Inc.	$	(8,861	)	$	(11,280	)	$	(47,429	)	$	(7,866	)
Net loss per common share:
Basic	$	(0.26	)	$	(0.33	)	$	(1.41	)	$	(0.24	)
Diluted	$	(0.26	)	$	(0.33	)	$	(1.41	)	$	(0.24	)



	Year Ended December 31, 2018
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenue	$	141,268		$	152,536		$	150,897		$	159,653
Cost and Expenses:
Direct operating costs	116,097			124,592			126,925			135,412
General and administrative	20,312			14,489			14,140			13,815
Depreciation and amortization	11,078			11,155			12,033			12,417
Gain on disposition of assets	(106		)	(594		)	(629		)	(1,046		)
Operating (loss) income	(6,113		)	2,894			(1,572		)	(945		)
Interest expense, net	(10,192		)	(433		)	(574		)	(626		)
(Loss) income before income taxes	(16,305		)	2,461			(2,146		)	(1,571		)
Income tax expense	(51		)	(326		)	(207		)	(37		)
Net (loss) income	(16,356		)	2,135			(2,353		)	(1,608		)
Net loss attributable to Predecessor	(1,546		)	—			—			—
Net (loss) income attributable to Quintana Energy Services Inc.	$	(14,810	)	$	2,135		$	(2,353	)	$	(1,608	)
Net (loss) income per common share:
Basic	$	(0.44	)	$	0.06		$	(0.07	)	$	(0.05	)
Diluted	$	(0.44	)	$	0.06		$	(0.07	)	$	(0.05	)

Intangible Assets - Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Finite-lived Intangible Assets [Roll Forward]
Gross amount at end of year	$ 18,020	$ 18,020
Accumulated Amortization	(18,020)	(9,001)
Intangible assets, net	0	9,019
Trademarks
Finite-lived Intangible Assets [Roll Forward]
Gross amount at end of year	1,750	1,750
Accumulated Amortization	(1,750)	(1,750)
Intangible assets, net	0	0
Customer Relationships
Finite-lived Intangible Assets [Roll Forward]
Gross amount at end of year	11,710	11,710
Accumulated Amortization	(11,710)	(3,603)
Intangible assets, net	0	8,107
Non-compete Agreement
Finite-lived Intangible Assets [Roll Forward]
Gross amount at end of year	4,560	4,560
Accumulated Amortization	(4,560)	(3,648)
Intangible assets, net	$ 0	$ 912

Leases - Lease Cost (Details) $ in Thousands	12 Months Ended
Leases - Lease Cost (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Leases [Abstract]
Operating lease cost:	$ 9,339
Short-term lease cost:	803
Finance lease cost:
Amortization of ROU assets	2,091
Interest on lease liabilities	840
Total finance lease cost	$ 2,931

Leases - Supplemental Cash Flow Information Related to Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 7,940
Operating cash flows for finance leases	784
Financing cash flows for finance leases	1,990
ROU assets obtained in exchange for lease obligations:
Operating leases	907
Finance leases	$ 8,887

Property, Plant, and Equipment - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Assets classified as held for sale	$ 3.3
Depreciation expense	46.2	$ 44.9	$ 43.3
Gain on assets lost in hole	9.0	5.4	7.9
Gain (loss) on sale of PP&E	$ (1.9)	$ 2.4	$ 2.6

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
Reserves & accruals	$ 2,109	$ 1,698	$ 0
Stock based compensation	994	1,844	0
Intangible assets	52,855	60,978	0
Net operating loss carryforwards	42,241	40,987	0
Other	49	56	0
Operating lease liabilities	2,872
Total deferred tax assets	101,120	105,563	0
Deferred tax liability:
Prepaid expenses	(131)	(180)	0
Property plant and equipment	(10,687)	(15,486)	(185)
Financing lease assets	(922)
Operating lease assets	(2,170)
Total deferred tax liabilities	(13,910)	(15,666)	(185)
Valuation allowance	(87,322)	(90,027)	0
Net deferred tax liability	$ (112)	$ (130)	$ (185)

Stock-Based Compensation - Status and Changes of Non-vested RSUs and PSUs (Details) - $ / shares				3 Months Ended		12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Mar. 31, 2019	Jun. 30, 2018	Dec. 31, 2019	Dec. 31, 2018
Restricted stock units
Number of Shares (in thousands)
Balance at beginning of period (shares)				2,000		2,000	2,000
Granted (shares)				897,967	476,042	1,000	0
Forfeited (shares)						0	0
Vested (shares)						(1,000)	(1,000)
Balance at end of period (shares)	2,000	2,000	2,000			2,000	2,000
Grant Date Fair Value per Share
Outstanding at beginning of period (USD per share)				$ 15.74		$ 15.74	$ 17.73
Granted (USD per share)						4.26	8.92
Forfeited (USD per share)						7.77	8.92
Vested (USD per share)						9.41	10.00
Outstanding at end of period (USD per share)	$ 11.53	$ 15.74	$ 17.73			$ 11.53	$ 15.74
Weighted Average Remaining Life (in years)
Outstanding at beginning of period	1 year 7 months 5 days	2 years 4 months 9 days	3 years 5 months 16 days			2 years 1 month 15 days	2 years 1 month 9 days
Outstanding at end of period	1 year 7 months 5 days	2 years 4 months 9 days	3 years 5 months 16 days			2 years 1 month 15 days	2 years 1 month 9 days
Performance stock units
Number of Shares (in thousands)
Balance at beginning of period (shares)				425,000		425,000	0
Granted (shares)						323,000	425,000
Forfeited (shares)						(389,000)	0
Vested (shares)						(44,000)	0
Balance at end of period (shares)	315,000	425,000	0			315,000	425,000
Grant Date Fair Value per Share
Outstanding at beginning of period (USD per share)				$ 5.49		$ 5.49	$ 0.00
Granted (USD per share)						3.98	5.49
Forfeited (USD per share)						5.45	0.00
Vested (USD per share)						5.49	0.00
Outstanding at end of period (USD per share)	$ 4.84	$ 5.49	$ 0.00			$ 4.84	$ 5.49
Weighted Average Remaining Life (in years)
Outstanding at beginning of period	1 year 10 months 28 days	2 years 1 month 9 days				2 years 1 month 14 days	2 years 4 months 9 days
Outstanding at end of period	1 year 10 months 28 days	2 years 1 month 9 days				2 years 1 month 14 days	2 years 4 months 9 days

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Environmental Regulations & Liabilities The Company is subject to various federal, state and local environmental laws and regulations that establish standards and requirements for the protection of the environment. The Company continues to monitor the status of these laws and regulations. However, the Company cannot predict the future impact of such standards and requirements on its business, which are subject to change and can have retroactive effectiveness. Currently, the Company has not been fined, cited or notified of any environmental violations or liabilities that would have a material adverse effect upon its condensed consolidated financial position, results of operations, liquidity or capital resources. However, management does recognize that by the very nature of its business, material costs could be incurred in the future to maintain compliance. The amount of such future expenditures is not determinable due to several factors, including the unknown magnitude of possible regulation or liabilities, the unknown timing and extent of the corrective actions which may be required, the determination of the Company’s liability in proportion to other responsible parties and the extent to which such expenditures are recoverable from insurance or indemnification. Litigation The Company is a defendant or otherwise involved in a number of lawsuits in the ordinary course of business. Estimates of the range of liability related to pending litigation are made when the Company believes the amount and range of loss can be estimated and records its best estimate of a loss when the loss is considered probable. When a liability is probable, and there is a range of estimated loss with no best estimate in the range, the minimum estimated liability related to the lawsuits or claims is recorded. As additional information becomes available, the potential liability related to pending litigation and claims is assessed and the estimate is revised. Due to uncertainties related to the resolution of lawsuits and claims, the ultimate outcome may differ from estimates. The Company’s ultimate exposure with respect to pending lawsuits and claims is not expected to have a material adverse effect on our financial position, results of operations or cash flows. The Company previously disclosed a class action filed in 2016 against one of the Company’s subsidiaries alleging violations of state based wage and hour laws and the FLSA relating to non-payment of overtime pay. The Company believes its pay practices comply with the FLSA and presented a vigorous defense. In September 2019, the District Court for the Southern District of Texas issued a Final Judgment in favor of the Company on all claims, and the time for claimants to appeal has passed. Other Commitments and Contingencies The Company is not aware of any other matter that may have a material effect on its financial position or results of operations. Leases See Note 8 - Leases for additional information about our lease liabilities and commitments.

Property, Plant, and Equipment - Schedule of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 371,314	$ 403,059
Less: Accumulated depreciation	(265,293)	(255,843)
Property, plant and equipment, net, before construction in progress	106,021	147,216
Construction in progress	4,354	6,662
Property, plant and equipment, net	110,375	153,878
Land
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	2,732	3,740
Service equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 259,958	298,782
Service equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Service equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 80,672	70,749
Machinery and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Machinery and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 14,000	24,648
Buildings and leasehold improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Buildings and leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Software
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 3,031	2,348
Software \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Software \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Office furniture and equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 2,499	2,792
Office furniture and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Office furniture and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
ROU assets, net - finance leases
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 8,422	$ 0
ROU assets, net - finance leases \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
ROU assets, net - finance leases \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years

Long-Term Debt	12 Months Ended
Long-Term Debt	Dec. 31, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Former Revolving Credit Facility The Company had a revolving credit facility (“the Former Revolving Credit Facility”), which had a maximum borrowing facility of $110.0 million that was scheduled to mature on September 19, 2018. All obligations under the credit agreement for the Former Revolving Credit Facility were collateralized by substantially all of the assets of the Company. The Revolving Credit Facility’s credit agreement contained customary restrictive covenants that required the Company not to exceed or fall below two key ratios, a maximum loan to value ratio of 70% and a minimum liquidity of $7.5 million. In connection with the closing of the IPO on February 13, 2018, we fully repaid and terminated the Former Revolving Credit Facility. No early termination fees were incurred by the Company in connection with the termination of the Former Revolving Credit Facility. A loss on extinguishment of $0.3 million relating to unamortized deferred costs was recognized in interest expense during the first quarter of 2018. Former Term Loan The Company also had a four-year, $40.0 million term loan agreement (the "Former Term Loan") with a lending group, which included Geveran Investments Limited, Archer Holdco LLC and Robertson QES Investment LLC, an affiliate of Quintana Capital Group, L.P., that was scheduled to mature on December 19, 2020. The Former Term Loan agreement contained customary restrictive covenants that required the Company not to exceed or fall below two key ratios, a maximum loan to value ratio of 77% and a minimum liquidity of $6.8 million. The interest rate on the unpaid principal was 10.0% interest per annum and accrued on a daily basis. At the end of each quarter all accrued and unpaid interest was paid in kind by capitalizing and adding to the outstanding principal balance. In connection with the closing of the IPO on February 13, 2018, the Former Term Loan was settled in full by cash and common shares in the Company. In connection with the settlement of the Former Term Loan, a prepayment fee of 3%, or approximately $1.3 million was paid. The prepayment fee is recorded as a loss on extinguishment and included within interest expense. The Company also recognized within interest expense $5.4 million of unamortized discount expense and $1.7 million of unamortized deferred financing cost in interest expense during the first quarter of 2018. ABL Facility In connection with the closing of the IPO on February 13, 2018, we entered into a new five year asset-based revolving credit agreement (the “ABL Facility”) with each lender party thereto and Bank of America, N.A. as administrative agent and collateral agent. The ABL Facility replaced the Former Revolving Credit Facility, which was terminated in conjunction with the effectiveness of the ABL Facility. The ABL Facility provides for a $100.0 million revolving credit facility subject to a borrowing base. Upon closing of the ABL Facility, the borrowing capacity was $77.6 million and $13.0 million was immediately drawn. As of December 31, 2019 our borrowing capacity was $61.7 million. The loan interest rate on the $21.0 million borrowings outstanding at December 31, 2019 was 4.5%. The outstanding balance is recorded as long-term debt under the ABL Facility. At December 31, 2019, we had $14.7 million of cash and cash equivalents and $37.7 million availability on the ABL Facility, which resulted in a total liquidity position of $52.4 million. The ABL Facility contains various affirmative and negative covenants, including financial reporting requirements and limitations on indebtedness, liens, mergers, consolidations, liquidations and dissolutions, sales of assets, dividends and other restricted payments, investments (including acquisitions) and transactions with affiliates. Certain affirmative covenants, including certain reporting requirements and requirements to establish cash dominion accounts with the administrative agent, are triggered by failing to maintain availability under the ABL Facility at or above specified thresholds or by the existence of an event of default under the ABL Facility. The ABL Facility provides for some exemptions to its negative covenants allowing the Company to make certain restricted payments and investments; subject to maintaining availability under the ABL Facility at or above a specified threshold and the absence of a default. The ABL Facility contains a minimum fixed charge coverage ratio of 1.0 to 1.0 that is triggered when availability under the ABL Facility falls below a specified threshold and is tested until availability exceeds a separate specified threshold for 30 consecutive days. The ABL Facility contains events of default customary for facilities of this nature, including, but not limited, to: (i) events of default resulting from the Company's failure or the failure of any credit other party to comply with covenants (including the above-referenced financial covenant during periods in which the financial covenant is tested); (ii) the occurrence of a change of control; (iii) the institution of insolvency or similar proceedings against QES or any other credit party; and (iv) the occurrence of a default under any other material indebtedness that any credit party may have. Upon the occurrence and during the continuation of an event of default, subject to the terms and conditions of the ABL Facility, the lenders will be able to declare any outstanding principal balance of our ABL Facility, together with accrued and unpaid interest, to be immediately due and payable and exercise other remedies, including remedies against the collateral, as more particularly specified in the ABL Facility. As of December 31, 2019 the Company was in compliance with all debt covenants. QES uses standby letters of credit, arranged through our ABL facility, to facilitate commercial transactions with third parties and to secure our performance to certain vendors. Under these arrangements, QES has payment obligations to the issuing bank that are triggered by a draw by certain third parties in the event QES fails to perform according to the terms of its underlying contract. As of December 31, 2019, QES had issued a letter of credit for $2.8 million. The unused amount under the letter of credit was $2.8 million. To the extent liabilities are incurred as a result of the activities covered by the letter of credit, such liabilities are included on the accompanying consolidated balance sheets.

Revenue

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenue

Performance Obligations and Transaction Price

Customers generally contract with us to provide an integrated service of personnel and equipment for directional drilling, pressure pumping, pressure control or wireline services. The Company is seen by the operator as the overseer of its services and is compensated to provide an entire suite of services. QES determined that each service contract contains a single performance obligation, which is each day’s service. In addition, each day’s service is within the scope of the series guidance as both criteria of series guidance are met per ASC 606: 1) each distinct increment of service (i.e. days available to supervise or number of stages determined at contract inception) that the Company agrees to transfer represents a performance obligation that meets the criteria for recognizing revenue over time, and 2) the Company would use the same method for measuring progress toward satisfaction of the performance obligation for each distinct increment of service in the series. Therefore, the Company has determined that each service contract contains one single performance obligation, which is the series of each distinct daily service rendered.

The transaction price for the Company’s service contracts is based on the amount of consideration the Company expects to receive for providing the services over the specified term and includes both fixed amounts and unconstrained variable amounts. In addition, the contract term may impact the determination and allocation of the transaction price and recognition of revenue. As the Company’s contracts do not stipulate substantive termination penalties, the contract is treated as day to day. Typically, the only fixed or known consideration at contract inception is initial mobilization and demobilization (where it is contractually guaranteed). In cases where the demobilization fee is not fixed, the Company estimates the variable consideration using the expected value method and includes this in the transaction price to the extent it is not constrained. Variable consideration is generally constrained if it is probable that a significant reversal in the amount of cumulative revenue recognized will occur when the uncertainty associated with the variable consideration is subsequently resolved. As the contracts are not enforceable, the contract price should not include any estimation for the day rate or stage rate charges.

Recognition of Revenue

use to the contractor since the well/asset being worked on is owned by the customer. Therefore, the Company’s measure of progress for our contracts are hours available to provide the services over the contracted duration. This unit of measure is representative of an output method as described in ASC 606.

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

Disaggregation of Revenue

The Company discloses a reconciliation of the disaggregated revenue with the reported results in "Note 13 - Segment Information."

Future Performance Obligations and Financing Arrangements

As our contracts are day to day and short-term in nature, the Company determined that it does not have material future performance obligations or financing arrangements under its service contracts. Payments are typically due within 30 days after the services are rendered. The timing between the recognition of revenue and receipt of payment is not significant.

No contract assets or liabilities were recognized related to contracts with our customers.

Leases

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Leases

The Company adopted Topic 842, effective January 1, 2019. The adoption of this standard resulted in the recording of a right of use asset and lease liability of approximately $29.1 million as of January 1, 2019, with no related impact on our consolidated statement of shareholders' equity or consolidated statement of operations. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at the lease commencement.

We have operating and finance leases for administrative offices, operations and manufacturing facilities, and certain equipment. Our leases have remaining lease terms of one year to eight years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year. Options to extend a lease term are considered within the lease term when the lessee is reasonably certain to exercise the option while termination options are considered within the lease term when they are reasonably certain not to be exercised.

The components of lease expense were as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Operating lease cost:	$	9,339
Short-term lease cost:	$	803

Finance lease cost:
Amortization of ROU assets	2,091
Interest on lease liabilities	840
Total finance lease cost	2,931

Supplemental cash flow information related to leases was as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	7,940
Operating cash flows for finance leases	784
Financing cash flows for finance leases	1,990

ROU assets obtained in exchange for lease obligations:
Operating leases	$	907
Finance leases	8,887

Supplemental balance sheet information related to leases was as follows (in thousands of U.S. dollars, except lease term and discount rate):



	December 31, 2019
Operating Leases
Operating lease ROU assets	$	10,943

Other current liabilities	$	4,445
Long-term operating lease liabilities	7,970
Total operating lease liabilities	$	12,415

Finance Leases
Property and equipment, net	$	8,422

Other current liabilities	$	2,779
Long-term finance lease liabilities	7,961
Total finance lease liabilities	$	10,740

Weighted Average Remaining Lease Term
Operating leases (in years)	3.6
Finance leases (in years)	4.3

Weighted Average Discount Rate
Operating leases	6.7		%
Finance leases	8.1		%

Maturities of lease liabilities were as follows at December 31, 2019 (in thousands of U.S. dollars):



	Operating Leases			Finance Leases
2020	$	5,409		$	3,749
2021	4,440			3,709
2022	2,539			2,993
2023	917			1,148
2024	524			631
Thereafter	1,083			1,307
Total lease payments	14,912			13,537
Less: imputed interest	(2,497		)	(2,797		)
Total	$	12,415		$	10,740

At December 31, 2018, future minimum lease payments under the Company's finance leases for the five years ending December 31, 2019 through December 31, 2023 and thereafter are as follows: $0.7 million, $0.7 million, $0.6 million, $0.6 million, $0.6 million and $1.9 million, respectively.

At December 31, 2018, future minimum lease payments under the Company's operating leases for the five years ending December 31, 2019 through December 31, 2023 and thereafter are as follows: $11.0 million, $6.9 million, $6.3 million, $4.5 million, $1.1 million and $1.2 million, respectively.

Leases

The components of lease expense were as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Operating lease cost:	$	9,339
Short-term lease cost:	$	803

Finance lease cost:
Amortization of ROU assets	2,091
Interest on lease liabilities	840
Total finance lease cost	2,931

Supplemental cash flow information related to leases was as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	7,940
Operating cash flows for finance leases	784
Financing cash flows for finance leases	1,990

ROU assets obtained in exchange for lease obligations:
Operating leases	$	907
Finance leases	8,887

Supplemental balance sheet information related to leases was as follows (in thousands of U.S. dollars, except lease term and discount rate):



	December 31, 2019
Operating Leases
Operating lease ROU assets	$	10,943

Other current liabilities	$	4,445
Long-term operating lease liabilities	7,970
Total operating lease liabilities	$	12,415

Finance Leases
Property and equipment, net	$	8,422

Other current liabilities	$	2,779
Long-term finance lease liabilities	7,961
Total finance lease liabilities	$	10,740

Weighted Average Remaining Lease Term
Operating leases (in years)	3.6
Finance leases (in years)	4.3

Weighted Average Discount Rate
Operating leases	6.7		%
Finance leases	8.1		%

Maturities of lease liabilities were as follows at December 31, 2019 (in thousands of U.S. dollars):



	Operating Leases			Finance Leases
2020	$	5,409		$	3,749
2021	4,440			3,709
2022	2,539			2,993
2023	917			1,148
2024	524			631
Thereafter	1,083			1,307
Total lease payments	14,912			13,537
Less: imputed interest	(2,497		)	(2,797		)
Total	$	12,415		$	10,740

Selected Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended			3 Months Ended								11 Months Ended		12 Months Ended
	Mar. 31, 2018	Feb. 13, 2018	Feb. 13, 2017	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenues				$ 95,909	$ 121,082	$ 125,627	$ 141,665	$ 159,653	$ 150,897	$ 152,536	$ 141,268			$ 484,283	$ 604,354	$ 438,033
Direct operating costs				79,361	101,737	109,075	121,551	135,412	126,925	124,592	116,097			411,724	503,026	361,465
General and administrative				13,509	12,056	13,862	15,710	13,815	14,140	14,489	20,312			55,137	62,756	44,000
Depreciation and amortization				10,734	13,229	13,116	12,440	12,417	12,033	11,155	11,078			49,519	46,683	45,687
Loss (gain) on disposition of assets, net				(622)	(1,116)	(153)	(23)	(1,046)	(629)	(594)	(106)			(1,914)	(2,375)	(2,639)
Impairment and other charges				16	41,543	0	0							41,559	0	0
Operating loss				(7,089)	(46,367)	(10,273)	(8,013)	(945)	(1,572)	2,894	(6,113)			(71,742)	(5,736)	(10,480)
Interest expense, net				(791)	(898)	(853)	(671)	(626)	(574)	(433)	(10,192)			(3,213)	(11,825)	(11,251)
Other income (expense), net				(37)	0	0	0							(37)	0	666
Loss before income tax				(7,917)	(47,265)	(11,126)	(8,684)	(1,571)	(2,146)	2,461	(16,305)			(74,992)	(17,561)	(21,065)
Income tax (expense) benefit				51	(164)	(154)	(177)	(37)	(207)	(326)	(51)			(444)	(621)	(91)
Net (loss) income	$ (14,810)	$ (1,546)	$ (21,156)	$ (7,866)	$ (47,429)	$ (11,280)	$ (8,861)	$ (1,608)	$ (2,353)	$ 2,135	$ (16,356)	$ (16,636)	$ 0	$ (75,436)	$ (18,182)	$ (21,156)
Net loss per common share:
Basic (USD per share)				$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)			$ (2.24)	$ (0.50)	$ 0.00
Diluted (USD per share)				$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)			$ (2.24)	$ (0.50)	$ 0.00

Leases - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Leases - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating lease ROU assets	$ 10,943
Operating lease liability	$ 12,415
Renewal term, operating and finance leases	5 years
Termination period, operating and finance leases	1 year
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2019			$ 700
2020			700
2021			600
2022			600
2023			600
Thereafter			1,900
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2019			11,000
2020			6,900
2021			6,300
2022			4,500
2023			1,100
Thereafter			$ 1,200
Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease ROU assets		$ 29,100
Operating lease liability		$ 29,100
Minimum
Lessee, Lease, Description [Line Items]
Remaining contract term, operating and finance leases	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining contract term, operating and finance leases	8 years

Selected Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information



	Year Ended December 31, 2019
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenue	$	141,665		$	125,627		$	121,082		$	95,909
Cost and Expenses:
Direct operating costs	121,551			109,075			101,737			79,361
General and administrative	15,710			13,862			12,056			13,509
Depreciation and amortization	12,440			13,116			13,229			10,734
Gain on disposition of assets	(23		)	(153		)	(1,116		)	(622		)
Impairment and other charges	—			—			41,543			16
Operating loss	(8,013		)	(10,273		)	(46,367		)	(7,089		)
Interest expense	(671		)	(853		)	(898		)	(791		)
Other expense	—			—			—			(37		)
Net loss before income taxes	(8,684		)	(11,126		)	(47,265		)	(7,917		)
Income tax (expense) benefit	(177		)	(154		)	(164		)	51
Net loss attributable to Quintana Energy Services Inc.	$	(8,861	)	$	(11,280	)	$	(47,429	)	$	(7,866	)
Net loss per common share:
Basic	$	(0.26	)	$	(0.33	)	$	(1.41	)	$	(0.24	)
Diluted	$	(0.26	)	$	(0.33	)	$	(1.41	)	$	(0.24	)



	Year Ended December 31, 2018
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenue	$	141,268		$	152,536		$	150,897		$	159,653
Cost and Expenses:
Direct operating costs	116,097			124,592			126,925			135,412
General and administrative	20,312			14,489			14,140			13,815
Depreciation and amortization	11,078			11,155			12,033			12,417
Gain on disposition of assets	(106		)	(594		)	(629		)	(1,046		)
Operating (loss) income	(6,113		)	2,894			(1,572		)	(945		)
Interest expense, net	(10,192		)	(433		)	(574		)	(626		)
(Loss) income before income taxes	(16,305		)	2,461			(2,146		)	(1,571		)
Income tax expense	(51		)	(326		)	(207		)	(37		)
Net (loss) income	(16,356		)	2,135			(2,353		)	(1,608		)
Net loss attributable to Predecessor	(1,546		)	—			—			—
Net (loss) income attributable to Quintana Energy Services Inc.	$	(14,810	)	$	2,135		$	(2,353	)	$	(1,608	)
Net (loss) income per common share:
Basic	$	(0.44	)	$	0.06		$	(0.07	)	$	(0.05	)
Diluted	$	(0.44	)	$	0.06		$	(0.07	)	$	(0.05	)

Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Transactions with Related Parties

At December 31, 2019, 2018 and 2017 QES had the following transactions with related parties (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Accounts payable to affiliates of Quintana Capital Group, L.P.	$	23	$	—
Accounts payable to affiliates of Archer Well Company Inc.	$	21	$	40



	Year Ended December 31,
	2019		2018		2017
Operating expenses from affiliates of Quintana Capital Group, L.P.	$	408	$	384	$	529
Operating expenses from affiliates of Archer Well Company Inc.	$	26	$	81	$	10

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies - Fees Found in a Service Contract (Details)	12 Months Ended
	Dec. 31, 2019
Day rate
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Recognized (gross of costs incurred) at the amount billed to the customer.

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2019	Feb. 28, 2020	Jun. 30, 2019
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Entity Ex Transition Period	true
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Registrant Name	Quintana Energy Services Inc.
Entity Central Index Key	0001704235
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Emerging Growth Company	true
Small Business	true
Entity Shell Company	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		33,809,640
Entity Public Float			$ 12.4

Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consist of the following (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Current accrued liabilities:
Accrued payables	$	7,985	$	12,943
Payroll and payroll taxes	7,665		7,051
Bonus	3,147		6,117
Workers compensation insurance premiums	1,328		1,532
Sales tax	1,813		2,599
Ad valorem tax	648		581
Health insurance claims	1,010		921
Other accrued liabilities	5,925		5,789
Total accrued liabilities	$	29,521	$	37,533

Stock-Based Compensation

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation

As of December 31, 2019, the Company had three types of stock-based compensation under the Company's 2018 Long-Term Incentive Plan (i) restricted stock awards ("RSA") issued to directors (ii) restricted stock units (“RSU”) issued to executive officers and other key employees and (iii) performance stock units (“PSU”), which are RSUs with performance requirements, issued to executive officers and other senior management. Stock-based compensation issued prior to the Company’s IPO was subject to a dual vesting requirement, one of which was the time vesting component and the other was the consummation of a specified transaction, which included an initial public offering. As the initial public offering occurred on February 9, 2018, there was no stock-based compensation expense recognized in periods prior to the IPO. The stock-based compensation awards and units are classified as equity awards as they are settled in shares of QES common stock.

The following table summarizes stock-based compensation costs for the years ended December 31, 2019, 2018 and 2017(in thousands of U.S. dollars):



	Years Ended December 31,
	2019		2018		2017
Restricted stock awards	$	600	$	438	$	—
Restricted stock units	7,276		16,293		—
Performance stock units	1,052		1,167		—
Stock-based compensation expense⁽¹⁾	$	8,928	$	17,898	$	—

⁽¹⁾During the third quarter of 2019, $0.3 million of restructuring costs related to the termination of certain key members of management is included within the total $8.9 million of stock based compensation for the year-ended December 31, 2019.

i.Restricted Stock Awards

In January 2019, the Company's Compensation Committee of the Board of Directors approved the issuance of RSAs to the Company's non-executive directors. During the first quarter 2019, we granted 140,844 RSAs, which had a grant date fair value of $4.26 per share. The stock awards fully vested in February 2020.

In March 2018, the Company's Compensation Committee of the Board of Directors approved the issuance of RSAs to the Company's non-executive directors. During the second quarter 2018, we granted 57,145 RSAs, which had a grant date fair value of $8.75 per share. The stock awards fully vested in February 2019.

The Company recognized these RSAs at fair value based on the closing price of the Company's common stock on the date of grant. The compensation expense associated with these RSAs will be amortized into income on a straight-line basis over the vesting period.

As of December 31, 2019 and 2018, the total unamortized compensation costs related to the non-executive RSAs was $0.1 million and zero, which the Company expects to recognize over the remaining vesting period of 0.1 years.

ii. Restricted Stock Units

During the first quarter 2019, executive officers and key employees were granted a total of 897,967 RSUs, net of forfeitures, under the 2018 Long-Term Incentive Plan. These RSUs vest ratably over a three-year service condition with one-third vesting on each anniversary of the RSU's grant date provided that the employee remains employed by the Company at the applicable vesting date.

During the second quarter 2018, executive officers and key employees were granted a total of 476,042 RSUs, net of forfeitures, under the 2018 Long-Term Incentive Plan. These RSUs vest ratably over a three-year service condition with one-third vesting on each anniversary of the Company’s IPO provided that the employee remains employed by the Company at the applicable vesting date.

The Company recognized these RSUs at fair value based on the closing price of the Company's common stock on the date of grant. The compensation expense associated with these RSUs will be amortized into income on a straight-line basis over the vesting period.

As of December 31, 2019 and 2018 total unamortized compensation cost related to unvested restricted stock units were $8.6 million and $16.9 million, respectively, which the Company expects to recognize over the remaining weighted-average period of 1.60 years.

During the year ended December 31, 2019, the Company made certain changes to its leadership and organizational structure, which included the departure of certain officers and employees of the Company. As a result of the departures, 168,659 RSUs were forfeited and the $1.7 million of previously recognized RSU stock compensation expense was reversed during 2019. In addition to the forfeitures, 181,948 previously unvested RSUs were accelerated resulting in $0.3 million of stock compensation expense recognized as a part of the departures.

A summary of the status and changes during the year ended December 31, 2019 of the Company’s shares of non-vested RSUs is as follows:



	Number of Shares (in thousands)		Grant Date Fair Value per Share		Weighted Average Remaining Life (in years)
Outstanding at December 31, 2017:	1,627		$	17.73	3.46
Granted	476		8.92		2.11
Forfeited	(8	)	8.92
Vested	(544	)	10.00
Outstanding at December 31, 2018:	1,551		$	15.74	2.36
Granted	898		4.26		2.12
Forfeited	(169	)	7.77
Vested	(691	)	9.41
Outstanding at December 31, 2019:	1,589		$	11.53	1.60

iii. Performance Stock Units

During the first quarter 2019, executive officers and senior management were awarded a total of 646,966 PSUs under the 2018 Long-Term Incentive Plan. The PSUs are subject to both a performance and service requirement. Under current accounting guidance 323,483 of the awarded 646,966 PSU are accounted for as being granted. These 323,483 PSUs still require the achievement of a certain performance as measured on December 31, 2019, based on the Company’s performance with respect to relative total stockholder return and the other 323,483 PSUs, which were awarded but are not yet considered granted, are based on the performance of management and the Company during the period between January 1, 2019 and December 31, 2019 determined by the Board's compensation committee. Any PSUs that have not been earned at the end of a performance period will be forfeited. Should the grantee satisfy the service requirement applicable to such earned performance share unit, vesting shall occur in equal installments on the first three anniversaries of the award date.

During the second quarter 2018, executive officers and senior management were granted a total of 425,083 PSUs under the 2018 Long-Term Incentive Plan. The PSUs were subject to both a performance and service requirement. The PSUs required the achievement of a certain performance as measured on December 31, 2018, based on (i) the Company’s performance with respect to relative total stockholder return and (ii) the Company’s performance with respect to absolute total stockholder return. Any PSUs that were not earned at the end of the performance period were forfeited. As a result of not fully achieving the performance measure, 297,558 PSUs were forfeited. The remaining 127,525 PSUs were earned and should the grantee satisfy the service requirement applicable to such earned performance share unit, vesting shall occur in equal installments on the first three anniversaries of the Company’s IPO.

The Company recognized the 323,483 PSUs deemed granted at their fair value determined using the Monte Carlo simulation model. The compensation expense associated with these PSUs will be amortized on a graded straight line basis over the vesting period. The PSUs that were awarded but not yet granted will be deemed granted on the date the Board's compensation committee determines how many PSUs have been earned. These additional earned PSUs will then be amortized on a straight line basis over the remaining vesting period, based on the grant date stock price upon approval by the compensation committee.

As of December 31, 2019 and 2018, the total unamortized compensation cost related to unvested PSUs was $0.7 million and $1.2 million, respectively. The Company expects to recognize the expense over the remaining weighted-average period of 1.91 years.

During the year ended December 31, 2019 the Company made certain changes to its leadership and organizational structure, which included the departure of certain officers and employees of the Company. As a result of the departures, 77,507 PSUs were forfeited and the $0.4 million of previously recognized PSU stock compensation expense was reversed during the third and fourth quarter of 2019.

A summary of the outstanding PSUs for the years ended December 31, 2019, 2018 and 2017 is as follows:



	Number of Shares (in thousands)		Grant Date Fair Value per Share		Weighted Average Remaining Life (in years)
Outstanding at December 31, 2017:	—		$	—	—
Granted	425		5.49		2.36
Forfeited	—		—		—
Vested	—		—		—
Outstanding at December 31, 2018:	425		$	5.49	2.11
Granted	323		3.98		2.12
Forfeited	(389	)	5.45		—
Vested	(44	)	5.49		—
Outstanding at December 31, 2019	315		$	4.84	1.91

Subsequent Event (Details) - Segment		12 Months Ended
Subsequent Event (Details) - Segment	Jan. 01, 2020	Dec. 31, 2019	Mar. 05, 2020
Subsequent Event [Line Items]
Number of reportable segments		4
Subsequent Event
Subsequent Event [Line Items]
Number of reportable segments	2
Number of reportable segments being restructured			3

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for accounts receivable, net	$ 4,057	$ 1,841
Deferred financing costs, net	$ 0	$ 0
Preferred shares, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock authorized (shares)	10,000,000	10,000,000
Preferred stock issued (shares)	0	0
Preferred stock outstanding (shares)	0	0
Common shares, par value (USD per share)	$ 0.01	$ 0.01
Common stock authorized (shares)	150,000,000	150,000,000
Common stock issued (shares)	34,558,877	34,558,877
Common stock outstanding (shares)	33,333,547	33,333,547
Common treasury stock (shares)	1,225,330	232,892

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Organization and Nature of Operations and Basis of Presentation

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies

Quintana Energy Services Inc. (either individually or together with its subsidiaries, as the context requires, the “Company,” “QES,” “we,” “us,” and “our”) is a Delaware corporation that was incorporated on April 13, 2017. Our accounting predecessor, Quintana Energy Services LP (“QES LP” and “Predecessor”), was formed as a Delaware partnership on November 3, 2014. In connection with our initial public offering (the “IPO”) which closed on February 13, 2018, the existing investors in QES LP and QES Holdco LLC contributed all of their direct and indirect equity interests to QES in exchange for shares of common stock in QES, and we became the holding company for the reorganized QES LP and its subsidiaries.

We are a diversified oilfield services provider of leading onshore oil and natural gas exploration and production (“E&P”) companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. The Company operates through four reporting segments which are Directional Drilling, Pressure Pumping, Pressure Control and Wireline.

Initial Public Offering

As of December 31, 2017, our Predecessor had approximately 417,441,074 common units outstanding and 227,885,579 warrants to purchase common units outstanding. Immediately prior to the IPO on February 13, 2018, the warrants were net settled for 223,394,762 common units, and immediately thereafter our Predecessor and affiliated entities were reorganized through mergers and related transactions and 20,235,193 shares of our common stock were issued to the holders of equity in our Predecessor at a ratio of 1 share of our common stock for 31.669363 common units of our Predecessor (with elimination of fractional shares) (the “Merger Transactions”). On February 13, 2018, immediately after the Merger Transactions, but prior to our IPO, our Predecessor’s Former Term Loan (as defined below) was extinguished and in partial consideration therefore 3,363,208 shares were issued to our Predecessor’s Former Term Loan lenders based on the price to the public of our IPO (representing 1 share of common stock for each $10.00 in Former Term Loan obligations converted) (together with the “Merger Transactions”, the “Reorganization Transactions”).

The gross proceeds of the IPO to the Company, at the public offering price of $10.00 per share, were $92.6 million, which resulted in net proceeds to the Company of approximately $87.0 million, after deducting $5.6 million of underwriting discounts and commissions associated with the shares sold by the Company, excluding approximately $5.3 million in offering expenses payable by the Company. Taking together the Reorganization Transactions and the issuance of 9,259,259 shares of our common stock to the public in our IPO, as of February 13, 2018, we had 32,857,660 shares outstanding immediately following our IPO. Subsequent to our IPO, we issued 139,921 shares in connection with the vesting of awards under our Predecessor’s 2015 LTIP Plan on February 22, 2018, and 260,529 shares of our common stock were issued on March 8, 2018 in consideration of vesting of awards under our Predecessor’s 2017 LTIP which we assumed. In connection with both awards, certain shares were withheld to satisfy tax obligations of the holder of the award, which shares are currently treasury shares totaling 136,585 shares of common stock. Also in connection with the consummation of the IPO, on March 9, 2018, the underwriters exercised their overallotment option to purchase an additional 372,824 shares of common stock of QES, which resulted in additional net proceeds of approximately $3.5 million (the “Option Exercise”), net of underwriter’s discounts and commission of $0.1 million. Upon the completion of the Reorganization Transactions, the IPO and the Option Exercise, QES had 33,630,934 shares of common stock outstanding.

The net proceeds received from the IPO and a $13.0 million drawdown on the ABL Facility (described below) were used to fully repay the Company’s revolving credit facility balance of $81.1 million and repay $12.6 million of the Company’s $40.0 million, 10% Former Term Loan due 2020, as described in “Note 7 - Long-Term Debt”. The remaining proceeds from the IPO were used for general corporate purposes.

Basis of Presentation and Principles of Consolidation

The accompanying consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The consolidated financial accounts include all QES accounts and all of our subsidiaries where we exercise control. All inter-company transactions and account balances have been eliminated upon consolidation.

Certain reclassifications have been made to the prior year financial statements to conform to the current period financial statement presentation. This reclassification of costs between direct operating costs and general and administrative costs ("G&A") has no net impact to the consolidated statements of income or to total segment reporting. Historically, and through December 31, 2018, certain direct operating costs related to business operations were classified and reported as G&A. The historical classification was consistent with the information used by our chief operating decision maker ("CODM") to assess performance of our segments and make resource allocation decisions, and the classification of such costs within the consolidated statements of income was aligned with the segment presentation. Effective January 1, 2019, we changed the classification of certain of these costs in our segment reporting disclosures and within the consolidated statements of income to reflect a change in the presentation of the information used by the Company’s CODM. For the year ended December 31, 2018, we reclassified certain costs from G&A to direct operating costs, which decreased G&A $34.5 million and direct operating cost increased by $34.5 million. For the year ended December 31, 2017, we reclassified certain costs from G&A to direct operating costs, which decreased G&A $25.9 million and direct operating cost increased by $25.9 million.

This reclassification of costs between direct operating costs and G&A has no net impact to the consolidated statements of income or to total segment reporting. The change will better reflect the CODM's philosophy on assessing performance and allocating resources, as well as improve comparability to our peer group. This is a change in costs classification and has been reflected retrospectively for all periods presented.

Segment Reporting

The Company’s reportable segments are: (1) Pressure Pumping, (2) Directional Drilling, (3) Pressure Control, and (4) Wireline.

The Company routinely evaluates whether its separate operating and reportable segments continue to reflect the way its Chief Operating Decision Maker (“CODM”) evaluates the business. The determination is based on the following factors: (1) how the Company’s CODM is currently managing each operating segment as a separate business and evaluating the performance of each segment and making resource allocation decisions distinctly and expects to do so for the foreseeable future, and (2) whether discrete financial information for each operating segment is available. The Company considers its Chief Executive Officer to be its CODM.

The QES segment structure in place at December 31, 2019 continues to reflect the financial information and reports used by the Company’s management, specifically its CODM, to make decisions regarding the Company’s business, including resource allocations and performance assessments. See “Note 13 - Segment Information” for further discussion regarding the Company’s reportable segments.

Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.

Revenue Recognition

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers. This ASU amended the existing accounting standards for revenue recognition and requires companies to recognize revenue when control of the promised goods or services is transferred to a customer at an amount that reflects the consideration a company expects to receive in exchange for those goods or services. QES adopted this ASU on January 1, 2018 using the modified retrospective transition method applied to those contracts which were not completed as of January 1, 2018. Prior to the adoption of ASU No. 2014-09, Revenue from Contracts with Customers (“ASC 606”), on January 1, 2018, the revenue was recognized when persuasive evidence of an arrangement existed, services are performed, the sales price was fixed or determinable and collectability was reasonably assured.

QES recognizes revenue upon the transfer of control of promised products or services to customers at an amount that reflects the consideration it expects to receive in exchange for these products or services. The vast majority of our services and product offerings are short-term in nature, generally between 30 to 60 days. Services are sold without warranty and QES generates revenue from multiple sources within its four operating segments outlined as follows:

Pressure Pumping revenue. Through its Pressure Pumping segment, the Company provides completion and production services based upon a purchase order, contract or on a spot market basis. Services are provided based on the price book and bid on a stage rate (for hydraulic fracturing services) or job basis (for cementing and acidizing services), contracted or hourly basis, and revenue is recognized when the stage or job is completed. Jobs for these services are typically short-term in nature and range from a few hours to multiple days. Revenue is recognized upon the completion of each day’s work (or job, if longer than a day) based upon a completed field ticket, which includes the charges for the services performed, mobilization of the equipment to the location and the personnel involved in such services or mobilization. Additional revenue is generated through labor charges and reimbursable consumable supplies that are incidental to the service being performed. Labor charges and the use of consumable supplies are included on completed field tickets.

Directional Drilling revenue. Through its directional drilling segment, the Company provides directional drilling services on a day rate or hourly basis, and recognizes the revenue as the services are provided. QES recognizes mobilization revenue and costs for day-work over the days of actual drilling. Included in revenue are proceeds from customers for the cost of oilfield downhole tools and other equipment that are involuntarily damaged or lost-in-hole.

Pressure Control revenue. Through its Pressure Control segment, the Company provides a range of coiled tubing, snubbing, well control and other well completion and production-related services, including nitrogen and fluid pumping services, on both a contract and spot market basis. Jobs for these services are typically short-term in nature and range from a few hours to multiple days. Revenue is recognized upon completion of each day’s work based upon a completed field ticket. The field ticket includes charges for the services performed and any related consumables (such as friction reducers and nitrogen materials) used during the course of the services, which are reported as product sales. The field ticket may also include charges for the mobilization and set-up of equipment, the personnel on the job, any additional equipment used on the job, and other miscellaneous consumables.

Wireline revenue. Through its Wireline segment, the Company provides cased-hole production logging, casing evaluation logging, through tubing and casing perforating, pressure control, pipe recovery, plug setting, dump-bailing, and other complementary services, on a spot market basis or subject to a negotiated pricing agreement. Jobs for these services are typically short-term in nature, lasting anywhere from a few hours to a few weeks. The Company typically charges the customer for these services on a per job basis at agreed-upon spot market rates. Revenue is normally recognized based on a field ticket issued upon the completion of the job. However, for large stage jobs that starts in one period and finishes in another, revenue is recognized on the stages completed for which a field ticket is issued.

The timing of revenue recognition may differ from contract billing or payment schedules, resulting in revenues that have been earned but not billed (“unbilled revenue”) or amounts that have been collected, but not earned.

Typical Contractual Arrangements

The Company typically provides the services based upon a combination of a Master Service Agreement (“MSA”) or its General Terms & Conditions (T&Cs”) and a purchase order or other similar forms of work requests that primarily operate on a spot market basis for a defined work scope on a particular well or well pad. Services are provided based on a price book and bid on a day rate, stage rate or job basis. QES may also charge for the mobilization and set-up of equipment and for materials and consumables used in the services. Contracts generally are short-term in nature, ranging from a few hours to multiple weeks. Contracts typically do not stipulate substantive early termination penalties for either party. As such, the Company determined that its contracts are day to day, even though parties typically do not terminate the contract early during the normal course of business. In cases where the customer terminates the contract early, the Company has an enforceable right to payment for services performed to date. Under day rate contracts, we generally receive a contractual day rate for each day we are performing services. The contractual day rate may vary based on the status of the operations and generally includes a full operating rate and a standby rate. Other fees may be stipulated in the contract related to mobilization and setup of equipment and reimbursements for consumables and cost of tools and equipment, that are involuntarily damaged or lost-in-hole.

Performance Obligations and Transaction Price

Customers generally contract with us to provide an integrated service of personnel and equipment for directional drilling, pressure pumping, pressure control or wireline services. The Company is seen by the operator as the overseer of its services and is compensated to provide an entire suite for its scope of services. QES determined that each service contract contains a single performance obligation, which is each day’s service. In addition, each day’s service is within the scope of the series guidance as both criteria of series guidance are met: 1) each distinct increment of service (i.e. days available to supervise or number of stages determined at contract inception) that the Company agrees to transfer represents a performance obligation that meets the criteria for recognizing revenue over time, and 2) the Company would use the same method for measuring progress toward satisfaction of the performance obligation for each distinct increment of service in the series. Therefore, the Company has determined that each service contract contains one single performance obligation, which is the series of each distinct stage or day’s service.

Recognition of Revenue

Directional drilling, pressure pumping, pressure control and wireline services are consumed as the services are performed and generally enhances the customer or operators well site. Work performed on a well site does not create an asset with an alternative use to the contractor since the well/asset being worked on is owned by the customer. Therefore, the Company’s measure of progress for our contracts are hours available to provide the services over the contracted duration. This unit of measure is representative of an output method as described in ASC 606.

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

Disaggregation of Revenue

The Company discloses a reconciliation of the disaggregated revenue with the reported results in "Note 13 - Segment Information."

Future Performance Obligations and Financing Arrangements

No contract assets or liabilities were recognized related to contracts with our customers.

The Company has also exercised the following practical expedients and accounting policy elections provided by ASC 606 for all its service contracts.

QES occasionally pays commissions to its sales staff for successfully obtaining a contract. The commission payment is incremental costs of obtaining a contract and should be capitalized and amortized over the contract period. However, ASC 340-40-25-4 provides a practical expedient, which states that “an entity may recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that the entity otherwise would have recognized is one year or less.” Management has elected to use this practical expedient as most of the Company’s service contracts are less than a month. Accordingly, the Company expenses the commission expense as incurred.


2)	In May 2016, the FASB issued ASU 2016-12 that allows an entity to make an accounting policy election to exclude from the transaction price certain types of taxes collected from a customer (i.e. present revenue net of these taxes), including sales, use, value-added and some excise taxes.

Cash and Cash Equivalents

For purposes of reporting cash flows, cash and cash equivalents consist of cash on hand, and certificates of deposits. QES considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

The Company maintains its cash and cash equivalents in various financial institutions, which at times may exceed federally insured amounts. Management believes that this risk is not significant.

Accounts Receivable and Allowance for Doubtful Accounts

QES grants credit to qualified customers, which potentially subjects the Company to credit risk resulting from, among other factors, adverse changes in the industry in which the Company operates and the financial condition of its customers. Estimated losses on accounts receivable are provided through an allowance for doubtful accounts. The level of allowance is determined by specifically evaluating customers deemed to be an elevated credit risk, as well as a general analysis of the overall aging of our accounts. As the financial condition of any party changes, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required. As of December 31, 2019, 2018 and 2017, the allowance for doubtful accounts was approximately $4.1 million, $1.8 million and $0.8 million, respectively. Bad debt expense of $2.4 million, $1.1 million and $0.3 million was included in selling, general and administration expenses on the consolidated statement of operations for the years ended December 31, 2019, 2018 and 2017, respectively.

Activity in our allowance for doubtful accounts during the years ended December 31, 2019, 2018 and 2017 is set forth in the table below (in thousands of dollars):



	Balance at beginning of period		Charged to costs and expenses		Deductions ⁽¹⁾			Balance at end of period
2019
Allowance for doubtful accounts	$	1,841	$	2,423	$	(207	)	$	4,057
2018
Allowance for doubtful accounts	776		1,103		(38		)	1,841
2017
Allowance for doubtful accounts	$	880	$	289	$	(393	)	$	776

⁽¹⁾ Accounts receivable balances written off during the period, net of recoveries.

Unbilled Receivables

Unbilled receivables are the amounts of recoverable revenue that have been earned and not billed at the balance sheet date. Unbilled receivables relate principally to revenue that is billed in the month after services are performed. These items are expected to be collected in the normal course of business.

Inventories

Inventories consisting primarily of cement mix, sand, fuel, chemicals, proppants, and downhole tool spare parts are stated at the lower of cost or net realizable value. The average cost method is used for inventory held by all segments.

Property, Plant, and Equipment

Property, plant, and equipment (“PP&E”) are stated at cost less accumulated depreciation. Maintenance and repairs are charged to expense as incurred while the cost of additions and improvements that substantially extend the useful life and/or the functionality of a particular asset are capitalized. The cost and related accumulated depreciation of assets retired or otherwise disposed of are eliminated from the accounts, and any resulting gains or losses are recognized in operations in the period of disposal.

PP&E are evaluated to identify events or changes in circumstances (“triggering events”) that indicate that the carrying value of certain PP&E may not be recoverable. PP&E are reviewed for impairment upon the occurrence of a triggering event. An impairment loss is recorded in the period in which it is determined that the carrying amount of PP&E is not recoverable. The determination of recoverability is made based upon the estimated undiscounted future net cash flows of assets grouped at the lowest level for which there are identifiable cash flows independent of the cash flows of other groups of assets with such cash flows to be realized over the estimated remaining useful life of the primary asset within the asset group. If the estimated undiscounted future net cash flows for a given asset group is less than the carrying amount of the related assets, an impairment loss is determined by comparing the estimated fair value with the carrying value of the related assets.

Based on management’s assessment and consideration of the current business environment, the financial performance of the business, and the current outlook, it was determined there was an impairment during the third quarter of 2019 and the Company recorded a non-cash impairment loss of $36.2 million. See Note 2 - Impairments and Other Charges for more details. No impairment of PP&E was recorded for the years ended December 31, 2018 and 2017.

Definite-Lived Intangible Assets

Definite-lived intangible assets are amortized over their estimated useful lives. When events or changes in circumstances (a triggering event) indicate that the asset may have a net book value in excess of their recoverable value, the Company performs a recoverability test on its definite-lived intangible assets by comparing the estimated future net undiscounted cash flows expected to be generated from the use of the asset to the carrying amount of the asset. If the estimated undiscounted cash flows exceed the carrying amount of the asset, an impairment does not exist, and a loss will not be recognized. If the undiscounted cash flows are less than the carrying amount of the asset, the asset is deemed to not be recoverable, and the amount of impairment must be determined by fair valuing the asset.

Deferred Financing Costs

Costs incurred to obtain financing are capitalized and amortized over the term of the loan using the effective interest method. These costs are classified within interest expense on the consolidated statements of operations.

Income Taxes

The asset and liability method is used in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carryforwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. If applicable, a valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that such assets will be realized. The Company’s policy is to account for interest and penalties with respect to income taxes as operating expenses.

On December 22, 2017, the President of the United States signed into law legislation informally known as the Tax Cuts and Jobs Act (the “Act”). The Act represents major tax reform legislation that, among other provisions, reduces the U.S. corporate tax rate.

Comprehensive Income (loss)

Any comprehensive income (loss) and its components are displayed in our financial statements. When they arise, we classify items of comprehensive income by their nature in the financial statements and display the accumulated balance and other comprehensive income in members’ equity. Comprehensive income equals net income for all periods presented in the accompanying consolidated financial statements.

Fair Value of Financial Instruments

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. A hierarchy has been established for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability, and are developed based on market data obtained from sources independent of QES. Unobservable inputs are inputs that reflect QES’ assumptions of what market participants would use in pricing the asset or liability based on the best information available in the circumstances. The financial and nonfinancial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. The hierarchy is broken down into three levels based on the reliability of the inputs.



	Level 1	Quoted prices are available in active markets for identical assets or liabilities;



	Level 2	Quoted prices in active markets for similar assets and liabilities that are observable for the asset or liability; or



	Level 3	Unobservable pricing inputs that are generally less observable from objective sources, such as discounted cash flow models or valuations.

Stock-based compensation

The Company records compensation relating to stock-based compensation transactions and includes such costs in general and administrative expenses in the consolidated statement of operations. The cost is measured at the grant date and based on the calculated fair value of the award. See “Note 14 - Stock-Based Compensation” for additional information related to stock-based compensation.

Accounting Pronouncements

Recently Adopted Accounting Standard Update

Leases

In February 2016, the FASB issued ASU No. 2016-2, Leases ("Topic 842"), to provide guidance for the accounting for leasing transactions. The standard requires the lessee to recognize a lease liability along with a right-of-use ("ROU") asset for all leases with a term longer than one year. For all leases with a term of 12 months or less, we elected the practical expedient to not recognize lease assets and liabilities. We recognize lease expense for these short-term leases on a straight-line basis over the lease term. The provisions of this standard also apply to situations where the Company is the lessor. The Company adopted this new guidance effective January 1, 2019. ASC 842 requires a modified retrospective approach to each lease that existed at the date of initial application as well as leases entered into after that date. Under the transition method selected by QES, leases existing at, or entered into after, January 1, 2019 were required to be recognized and measured. Prior period amounts have not been adjusted and continue to be reflected in accordance with QES historical accounting. The adoption of ASU No. 2016-02 is discussed below and in Note 8 to our consolidated financial statements herein.

The standard had a material impact on our consolidated balance sheets, but did not have an impact on our consolidated income statements. The most significant impact was the recognition of ROU assets and lease liabilities for operating leases, while our accounting for finance leases remained substantially unchanged.

The Company has elected to adopt the following practical expedients upon the transition date to Topic 842 on January 1, 2019:


•	Transitional practical expedients package: An entity may elect to apply the listed practical expedients as a package to all the leases that commenced before the effective date. The practical expedients are:


◦	The entity need not reassess whether any expired or existing contracts are or contain leases;


◦	The entity need not reassess the lease classification for expired or existing contracts;


◦	The entity need not reassess initial direct costs for any existing leases.

•

Use of portfolio approach: An entity can apply this guidance to a portfolio of leases with similar characteristics if the entity reasonably expects that the application of the lease model to the portfolio would not differ materially from the application of the lease model to the individual leases in that portfolio. This approach can also be applied to other aspects of the lease guidance for which lessees/lessors need to make judgments and estimates, such as determining the discount rate and determining and reassessing the lease term.

Accounting Standard Update not yet adopted

In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This ASU is intended to update the measurement of credit losses on financial instruments. This update improves financial reporting by requiring earlier recognition of credit losses on financing receivables and other financial assets in scope by using the Current Expected Credit Losses model (CECL). This guidance is effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted. The new accounting standard introduces the current expected credit losses methodology (CECL) for estimating allowances for credit losses. QES is an oil field service company and as of the year ended December 31, 2019 had a third party accounts receivable balance, net of allowance for doubtful accounts, of $66.3 million.

Topic 326 will not have a material impact on our consolidated balance sheets or our consolidated income statements. The accounting for our trade receivables, allowance for doubtful accounts and bad debt expense remains unchanged.

In June 2018, the FASB issued ASU No. 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. This ASU is intended to simplify aspects of stock-based compensation issued to non-employees by making the guidance consistent with the accounting for employee stock-based compensation. The guidance is effective for the Company for the fiscal year beginning January 1, 2020. While the exact impact of this standard is not known, the guidance is not expected to have a material impact on the Company’s consolidated financial statements, as non-employee stock compensation is nominal relative to the Company's total expenses as of December 31, 2019.

In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This ASU is intended to simplify aspects of income taxes approach for intraperiod tax allocations when there is a loss from continuing operations and income or a gain from other items, general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Topic 740 will also provide guidance to simplify how an entity recognizes a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, evaluations of when step ups in the tax basis of goodwill should be considered part of the business combination. Companies should also reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date. The guidance is effective for the Company for the fiscal year beginning January 1, 2021.

Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Schedule of Reconciliation of Number of Shares Used for the Basic EPS Computation

A reconciliation of the number of shares used for the basic EPS computation is as follows (in thousands, except per share amounts):



	Year Ended December 31,
	2019			2018
Numerator:
Net loss attributed to common share holders	$	(75,436	)	$	(16,636	)
Denominator:
Weighted average common shares outstanding - basic	33,611			33,573
Weighted average common shares outstanding - diluted	33,611			33,573
Net loss per common share:
Basic	$	(2.24	)	$	(0.50	)
Diluted	$	(2.24	)	$	(0.50	)
Potentially dilutive securities excluded as anti-dilutive ¹	1,919			2,050

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Basis of Presentation and Principles of Consolidation

Segment Reporting

The Company’s reportable segments are: (1) Pressure Pumping, (2) Directional Drilling, (3) Pressure Control, and (4) Wireline.

Use of Estimates

Revenue Recognition

Typical Contractual Arrangements

Performance Obligations and Transaction Price

Customers generally contract with us to provide an integrated service of personnel and equipment for directional drilling, pressure pumping, pressure control or wireline services. The Company is seen by the operator as the overseer of its services and is compensated to provide an entire suite for its scope of services. QES determined that each service contract contains a single performance obligation, which is each day’s service. In addition, each day’s service is within the scope of the series guidance as both criteria of series guidance are met: 1) each distinct increment of service (i.e. days available to supervise or number of stages determined at contract inception) that the Company agrees to transfer represents a performance obligation that meets the criteria for recognizing revenue over time, and 2) the Company would use the same method for measuring progress toward satisfaction of the performance obligation for each distinct increment of service in the series. Therefore, the Company has determined that each service contract contains one single performance obligation, which is the series of each distinct stage or day’s service.

Recognition of Revenue

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

Disaggregation of Revenue

The Company discloses a reconciliation of the disaggregated revenue with the reported results in "Note 13 - Segment Information."

Future Performance Obligations and Financing Arrangements

No contract assets or liabilities were recognized related to contracts with our customers.

The Company has also exercised the following practical expedients and accounting policy elections provided by ASC 606 for all its service contracts.


2)	In May 2016, the FASB issued ASU 2016-12 that allows an entity to make an accounting policy election to exclude from the transaction price certain types of taxes collected from a customer (i.e. present revenue net of these taxes), including sales, use, value-added and some excise taxes.

Cash and Cash Equivalents

The Company maintains its cash and cash equivalents in various financial institutions, which at times may exceed federally insured amounts. Management believes that this risk is not significant.

Accounts Receivable and Allowance for Doubtful Accounts

Unbilled Receivables

Inventories

Property, Plant, and Equipment

Definite-Lived Intangible Assets

Deferred Financing Costs

Income Taxes

The Company’s effective tax rate for 2019 of (0.6)% differs from the statutory rate, primarily due to nondeductible expenses, state taxes and a valuation allowance. The Company's effective tax rate for 2018 and 2017 was (3.9)% and (0.4)%, respectively.

Comprehensive Income (loss)

Fair Value of Financial Instruments



	Level 1	Quoted prices are available in active markets for identical assets or liabilities;



	Level 2	Quoted prices in active markets for similar assets and liabilities that are observable for the asset or liability; or



	Level 3	Unobservable pricing inputs that are generally less observable from objective sources, such as discounted cash flow models or valuations.

Stock-based compensation

Accounting Pronouncements

Recently Adopted Accounting Standard Update

Leases

The Company has elected to adopt the following practical expedients upon the transition date to Topic 842 on January 1, 2019:


•	Transitional practical expedients package: An entity may elect to apply the listed practical expedients as a package to all the leases that commenced before the effective date. The practical expedients are:


◦	The entity need not reassess whether any expired or existing contracts are or contain leases;


◦	The entity need not reassess the lease classification for expired or existing contracts;


◦	The entity need not reassess initial direct costs for any existing leases.

•

Accounting Standard Update not yet adopted

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consisted of the following (in thousands of dollars):



	Year Ended December 31,
	2019			2018			2017
Current income tax (expense) benefit
Federal	$	—		$	(22	)	$	(40	)
State	(502		)	(507		)	(1		)
Total current income tax (expense)	(502		)	(529		)	(41		)
Deferred income tax (expense) benefit
Federal	—			—			(45		)
State	58			(92		)	(5		)
Total deferred income tax (expense) benefit	58			(92		)	(50		)
	$	(444	)	$	(621	)	$	(91	)

Schedule of Effective Income Tax Rate Reconciliation



	Year Ended December 31,
	2019		2018		2017
Income tax provision computed at the statutory federal rate	21.0	%	21.0	%	34.0	%
State income taxes, net of federal tax benefit	(0.5	)	(3.7	)	—
Non-deductible wages	(0.3	)	(4.1	)	—
Non-deductible meals and entertainment	(1.0	)	(4.1	)	—
Stock based compensation	(2.6	)	(6.5	)	—
Valuation allowance	(12.5	)	(6.3	)	—
Flow through income not taxable	—		—		(34.4	)
Other differences	—		(0.2	)	—
Change in rate and return to provision	(4.7	)	—		—
Effective tax rate	(0.6	)%	(3.9	)%	(0.4	)%

Schedule of Deferred Tax Assets and Liabilities



	Year Ended December 31,
	2019			2018			2017
Deferred tax assets:
Reserves & accruals	$	2,109		$	1,698		$	—
Stock based compensation	994			1,844			—
Intangible assets	52,855			60,978			—
Net operating loss carryforwards	42,241			40,987			—
Other	49			56			—
Operating lease liabilities	2,872			—			—
Total deferred tax assets	$	101,120		$	105,563		$	—
Deferred tax liability:
Prepaid expenses	(131		)	(180		)	—
Property plant and equipment	(10,687		)	(15,486		)	(185		)
Financing lease assets	(922		)	—			—
Operating lease assets	(2,170		)	—			—
Total deferred tax liabilities	$	(13,910	)	$	(15,666	)	$	(185	)
Valuation allowance	(87,322		)	(90,027		)	—
Net deferred tax liability	$	(112	)	$	(130	)	$	(185	)

Summary of Valuation Allowance

Changes in the valuation allowance for deferred tax assets were as follows (in thousands of dollars):



Valuation allowance as of the beginning of January 1, 2019	$	(90,027	)
Charged to income tax provision for current year activity	2,705
Valuation allowance as of December 31, 2019	$	(87,322	)

Business Concentration	12 Months Ended
Business Concentration	Dec. 31, 2019
Risks and Uncertainties [Abstract]
Business Concentration	Business Concentration Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Concentrations of credit risk with respect to accounts receivable are limited because the Company performs credit evaluations, sets credit limits, and monitors the payment patterns of its customers. Cash balances on deposits with financial institutions, at times, may exceed federally insured limits. The Company regularly monitors the institutions’ financial condition. The majority of the Company’s business is conducted with large, midsized, small, and independent oil and gas operators and exploration and production (“E&P”) companies. The Company evaluates the financial strength of customers and provide allowances for probable credit losses when deemed necessary. The market for the Company’s services is the oil and gas industry in the United States. This market has historically experienced significant volatility. As of the years ended December 31, 2019, 2018 and 2017 one customer represented 10.1%, 11.9% and 10.3% respectively, of the Company’s consolidated revenue.

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule Of Changes In Allowance For Doubtful Accounts Receivable [Table Text Block]

Activity in our allowance for doubtful accounts during the years ended December 31, 2019, 2018 and 2017 is set forth in the table below (in thousands of dollars):



	Balance at beginning of period		Charged to costs and expenses		Deductions ⁽¹⁾			Balance at end of period
2019
Allowance for doubtful accounts	$	1,841	$	2,423	$	(207	)	$	4,057
2018
Allowance for doubtful accounts	776		1,103		(38		)	1,841
2017
Allowance for doubtful accounts	$	880	$	289	$	(393	)	$	776

⁽¹⁾ Accounts receivable balances written off during the period, net of recoveries.

Schedule of Types of Fees in Typical Service Contract and Related Recognition

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

Related Party Transactions

12 Months Ended

Dec. 31, 2019

Related Party Transactions

The Company utilizes some Quintana Capital Group, L.P. affiliate employees for certain accounting and risk management functions and incurs some tool rental and maintenance charges from Archer Well Company Inc. These amounts are reimbursed by the Company on a monthly basis.

At December 31, 2019, 2018 and 2017 QES had the following transactions with related parties (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Accounts payable to affiliates of Quintana Capital Group, L.P.	$	23	$	—
Accounts payable to affiliates of Archer Well Company Inc.	$	21	$	40



	Year Ended December 31,
	2019		2018		2017
Operating expenses from affiliates of Quintana Capital Group, L.P.	$	408	$	384	$	529
Operating expenses from affiliates of Archer Well Company Inc.	$	26	$	81	$	10

Loss Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Loss Per Share

Basic loss per share (“EPS”) is based on the weighted average number of common shares outstanding during the period. A reconciliation of the number of shares used for the basic EPS computation is as follows (in thousands, except per share amounts):



	Year Ended December 31,
	2019			2018
Numerator:
Net loss attributed to common share holders	$	(75,436	)	$	(16,636	)
Denominator:
Weighted average common shares outstanding - basic	33,611			33,573
Weighted average common shares outstanding - diluted	33,611			33,573
Net loss per common share:
Basic	$	(2.24	)	$	(0.50	)
Diluted	$	(2.24	)	$	(0.50	)
Potentially dilutive securities excluded as anti-dilutive ¹	1,919			2,050

¹The Company's potentially dilutive securities include outstanding RSAs, RSUs and PSUs.

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	2 Months Ended			3 Months Ended								11 Months Ended		12 Months Ended
	Mar. 31, 2018	Feb. 13, 2018	Feb. 13, 2017	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Revenues				$ 95,909	$ 121,082	$ 125,627	$ 141,665	$ 159,653	$ 150,897	$ 152,536	$ 141,268			$ 484,283	$ 604,354	$ 438,033
Costs and expenses:
Direct operating costs				79,361	101,737	109,075	121,551	135,412	126,925	124,592	116,097			411,724	503,026	361,465
General and administrative				13,509	12,056	13,862	15,710	13,815	14,140	14,489	20,312			55,137	62,756	44,000
Depreciation and amortization				10,734	13,229	13,116	12,440	12,417	12,033	11,155	11,078			49,519	46,683	45,687
Gain on disposition of assets				(622)	(1,116)	(153)	(23)	(1,046)	(629)	(594)	(106)			(1,914)	(2,375)	(2,639)
Impairment and other charges				16	41,543	0	0							41,559	0	0
Operating loss				(7,089)	(46,367)	(10,273)	(8,013)	(945)	(1,572)	2,894	(6,113)			(71,742)	(5,736)	(10,480)
Non-operating loss expense:
Interest expense				(791)	(898)	(853)	(671)	(626)	(574)	(433)	(10,192)			(3,213)	(11,825)	(11,251)
Other (expense) income				(37)	0	0	0							(37)	0	666
Loss before income tax				(7,917)	(47,265)	(11,126)	(8,684)	(1,571)	(2,146)	2,461	(16,305)			(74,992)	(17,561)	(21,065)
Income tax expense				51	(164)	(154)	(177)	(37)	(207)	(326)	(51)			(444)	(621)	(91)
Net (loss) income	$ (14,810)	$ (1,546)	$ (21,156)	$ (7,866)	$ (47,429)	$ (11,280)	$ (8,861)	$ (1,608)	$ (2,353)	$ 2,135	$ (16,356)	$ (16,636)	$ 0	$ (75,436)	$ (18,182)	$ (21,156)
Net loss per common share:
Basic (USD per share)				$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)			$ (2.24)	$ (0.50)	$ 0.00
Diluted (USD per share)				$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)			$ (2.24)	$ (0.50)	$ 0.00
Weighted average common shares outstanding:
Basic (shares)														33,611	33,573	0
Diluted (shares)														33,611	33,573	0

Leases - Maturities of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Operating Leases
2020	$ 5,409
2021	4,440
2022	2,539
2023	917
2024	524
Thereafter	1,083
Total lease payments	14,912
Less: imputed interest	(2,497)
Total	12,415
Finance Leases
2020	3,749
2021	3,709
2022	2,993
2023	1,148
2024	631
Thereafter	1,307
Total lease payments	13,537
Less: imputed interest	(2,797)
Total	$ 10,740

Loss Per Share - Reconciliation of Number of Shares Used for the Basic EPS Computation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Numerator:
Net loss attributed to common share holders									$ (75,436)	$ (16,636)
Denominator:
Weighted average common shares outstanding - basic (shares)									33,611,000	33,573,000	0
Weighted average common shares outstanding - diluted (shares)									33,611,000	33,573,000	0
Net loss per common share:
Basic (USD per share)	$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)	$ (2.24)	$ (0.50)	$ 0.00
Diluted (USD per share)	$ (0.24)	$ (1,410.00)	$ (330.00)	$ (260.00)	$ (50.00)	$ (70.00)	$ 60.00	$ (440.00)	$ (2.24)	$ (0.50)	$ 0.00
Potentially dilutive securities excluded as anti-dilutive									1,919	2,050

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

Stock-Based Compensation - Compensation Costs (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 8,928	$ 17,898	$ 0
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		600	438	0
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		7,276	16,293	0
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 1,052	$ 1,167	$ 0
Key Members Of Management
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restructuring costs	$ 300

Segment Information

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Segment Information

QES currently has four reportable segments: Directional Drilling, Pressure Pumping, Pressure Control and Wireline. These segments have been selected based on the Company’s CODM assessment of resource allocation and performance. The Company considers its Chief Executive Officer to be its CODM. The CODM evaluates the performance of our segments based on revenue and income measures, which include Adjusted EBITDA.

Directional Drilling

Our Directional Drilling segment is comprised of directional drilling services, downhole navigational and rental tools businesses and support services, including well planning and site supervision, which assists customers in the drilling and placement of complex directional and horizontal wellbores. This segment utilizes its fleet of in-house positive pulse measurement-while-drilling navigational tools, mud motors and ancillary downhole tools, as well as electromagnetic navigational systems. The demand for these services tends to be influenced primarily by customer drilling-related activity levels. We provide directional drilling and associated services to E&P companies in many of the most active areas of onshore oil and natural gas development in the United States, including the Permian Basin, Eagle Ford Shale, Mid-Continent region, Marcellus/Utica Shale and DJ/Powder River Basin.

Pressure Pumping

Our Pressure Pumping segment provides hydraulic fracturing stimulation services, cementing services and acidizing services. The majority of the revenues generated in this segment are derived from pressure pumping services focused on fracturing, cementing and acidizing services in the Permian Basin, Mid-Continent region and the DJ/Powder River Basin. These pressure pumping and stimulation services are primarily used in the completion, production and maintenance of oil and gas wells. Customers for this segment include large public E&P operators as well as independent oil and gas producers.

Pressure Control

Our Pressure Control segment supplies a wide variety of equipment, services and expertise in support of completion and workover operations throughout the United States. Its capabilities include coiled tubing, snubbing, fluid pumping, nitrogen, well control and other pressure control related services. Our Pressure Control equipment is tailored to the unconventional resources market with the ability to operate under high pressures without having to delay or cease production during completion operations. We provide our pressure control services primarily in the Mid-Continent region, Eagle Ford Shale, Permian Basin, DJ/Powder River Basin, Haynesville Shale and East Texas Basin.

Wireline

Our Wireline segment provides new well wireline conveyed tight-shale reservoir perforating services across many of the major U.S. shale basins and also offers a range of services such as cased-hole investigation and production logging services, conventional wireline, mechanical services and pipe recovery services. These services are offered in both new well completions and for remedial work. The majority of the revenues generated in our Wireline segment are derived from the Permian Basin, Eagle Ford Shale, Mid-Continent region (including the SCOOP/STACK), Haynesville Shale and East Texas Basin as well as in industrial and petrochemical facilities.

Segment Adjusted EBITDA

The Company views Adjusted EBITDA as an important indicator of segment performance. The Company defines Segment Adjusted EBITDA as net income (loss) plus income taxes, net interest expense, depreciation and amortization, impairment charges, net (gain) loss on disposition of assets - excluding (gain) loss of lost in hole assets, stock based compensation, transaction expenses, rebranding expenses, settlement expenses, restructuring expenses, impairment expenses, severance expenses and equipment stand-up expense. The CODM uses Segment Adjusted EBITDA as the primary measure of segment operating performance.

The following table presents a reconciliation of Segment Adjusted EBITDA to net (loss) income (in thousands of U.S. dollars):



	Year Ended December 31,
	2019			2018			2017
Segment Adjusted EBITDA:
Directional Drilling	$	34,093		$	23,694		$	17,498
Pressure Pumping	(5,053		)	28,700			27,784
Pressure Control	10,958			18,389			6,539
Wireline	(1,122		)	1,362			(1,794		)
Corporate and Other	(21,454		)	(33,573		)	(17,459		)
Impairment and other charges	(41,559		)	—			—
Income tax expense	(444		)	(621		)	(91		)
Interest expense	(3,213		)	(11,825		)	(11,251		)
Depreciation and amortization	(49,519		)	(46,683		)	(45,687		)
Gain on disposition of assets	1,914			2,375			2,639
Other (expense) income	(37		)	—			666
Net loss	$	(75,436	)	$	(18,182	)	$	(21,156	)

Financial information related to the Company’s total assets position as of December 31, 2019 and December 31, 2018, by segment, is as follows (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Directional Drilling	$	99,456	$	96,942
Pressure Pumping	45,875		121,824
Pressure Control	67,685		70,401
Wireline	21,304		28,039
Total	$	234,320	$	317,206
Corporate & Other	6,209		7,343
Total assets	$	240,529	$	324,549



	Year Ended December 31, 2019
	Directional Drilling		Pressure Pumping		Pressure Control		Wireline		Total
Revenues	$	227,949	$	90,185	$	106,594	$	59,555	$	484,283
Depreciation and amortization	$	12,509	$	20,370	$	12,662	$	3,978	$	49,519
Capital expenditures	$	14,966	$	5,208	$	13,170	$	1,903	$	35,247

	Year Ended December 31, 2018
	Directional Drilling		Pressure Pumping		Pressure Control		Wireline		Total
Revenues	$	192,491	$	214,154	$	122,620	$	75,089	$	604,354
Depreciation and amortization	$	10,849	$	22,571	$	9,207	$	4,056	$	46,683
Capital expenditures	$	13,003	$	29,235	$	20,125	$	2,594	$	64,957



	Year Ended December 31, 2017
	Directional Drilling		Pressure Pumping		Pressure Control		Wireline		Total
Revenues	$	145,230	$	153,118	$	89,912	$	49,773	$	438,033
Depreciation and amortization	$	11,994	$	22,867	$	6,560	$	4,266	$	45,687
Capital expenditures	$	9,038	$	5,268	$	6,446	$	492	$	21,244

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current income tax (expense) benefit
Federal									$ 0	$ (22)	$ (40)
State									(502)	(507)	(1)
Total current income tax (expense)									(502)	(529)	(41)
Deferred income tax (expense) benefit
Federal									0	0	(45)
State									58	(92)	(5)
Total deferred income tax (expense) benefit									58	(92)	(50)
Income tax expense (benefit)	$ 51	$ (164)	$ (154)	$ (177)	$ (37)	$ (207)	$ (326)	$ (51)	$ (444)	$ (621)	$ (91)

Inventories (Tables)

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consisted of the following (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Inventories:
Consumables and materials	$	4,968	$	7,566
Spare parts	16,633		15,898
Total Inventories	$	21,601	$	23,464

Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Inventories:
Consumables and materials	$	4,968	$	7,566
Spare parts	16,633		15,898
Total Inventories	$	21,601	$	23,464

Intangible Assets

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Definite-Lived Intangible Assets

As a result of the Company's third quarter 2019 impairment assessment, we recognized a non-cash impairment loss of $36.2 million, $7.7 million of the impairment loss related to QES intangibles assets. The remaining carrying values of the customer relationships and non-compete agreement intangible assets were written down to zero, their respective fair market values, as of September 30, 2019. There were no impairment triggering events during 2018 and 2017. The changes in the carrying amounts of other intangible assets for the year ended December 31, 2019, 2018 and 2017 are as follows (in thousands of dollars):



	Trademarks			Customer Relationships			Non-compete Agreement			Total
Gross Amount as of December 31, 2018	$	1,750		$	11,710		$	4,560		$	18,020
Accumulated Amortization	(1,750		)	(3,603		)	(3,648		)	(9,001		)
Net Balance as of December 31, 2018	—			8,107			912			9,019
Gross Amount as of December 31, 2019	1,750			11,710			4,560			18,020
Accumulated Amortization	(1,750		)	(11,710		)	(4,560		)	(18,020		)
Net Balance as of December 31, 2019	$	—		$	—		$	—		$	—

Amortization expense for the years ended December 31, 2019, 2018 and 2017 were $1.4 million, $1.8 million and $2.4 million, respectively. As noted in Note 2 - Impairments and other charges, during the third quarter of 2019, the Company impaired the remaining $7.7 million of customer relationship and non-compete agreement intangibles. At December 31, 2019, QES's intangible asset balance was zero.

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
Income Taxes - Narrative (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Loss Carryforwards [Line Items]
Tax rate (as a percent)	(0.60%)	(3.90%)	(0.40%)
Accrued liability for uncertain tax positions	$ 0
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	162,100,000
Deferred tax assets, loss carryforward subject to expiration	95,400,000
State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	203,800,000
Current Year Loss Carry forward \| Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	66,700,000
Current Year Loss Carry forward \| State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards		$ 111,800,000
Carryforward Generated Prior To Initial Public Offering \| Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 15,600,000
Carryforward Generated Prior To Initial Public Offering \| State and Local Jurisdiction
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards		$ 92,000,000

Inventories - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Consumables and materials	$ 4,968	$ 7,566
Spare parts	16,633	15,898
Total Inventories	$ 21,601	$ 23,464

Property, Plant, and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Major Classifications of Property, Plant, and Equipment

Major classifications of PP&E and their respective useful lives were as follows (in thousands of dollars):



	Estimated	As of December 31,
	Useful Lives	2019			2018
Land	Indefinite	$	2,732		$	3,740
Service equipment	3-10 years	259,958			298,782
Machinery and equipment	7-15 years	80,672			70,749
Buildings and leasehold improvements	5-39 years	14,000			24,648
Software	3-5 years	3,031			2,348
Office furniture and equipment	3-10 years	2,499			2,792
ROU assets, net - finance leases	7-15 years	8,422			—
		371,314			403,059
Less: Accumulated depreciation		(265,293		)	(255,843		)
		106,021			147,216
Construction in progress		4,354			6,662
Property, plant and equipment, net		$	110,375		$	153,878

Property, Plant, and Equipment Under Capital Leases

Property, plant and equipment under capital leases included in the above are as follows:



	Estimated	As of December 31,
	Useful Lives	2018
Machinery and equipment	3 Years	$	233
Buildings and leasehold improvements	20 Years	2,252
		2,485
Less: Accumulated amortization		(676		)
		$	1,809

Leases - Supplemental Balance Sheet Information Related to Leases (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Operating Leases
Operating lease ROU assets	$ 10,943
Other current liabilities	4,445
Long-term operating lease liabilities	7,970
Total operating lease liabilities	12,415
Finance Leases
Property and equipment, net	8,422
Other current liabilities	2,779
Long-term finance lease liabilities	7,961
Total finance lease liabilities	$ 10,740
Weighted Average Remaining Lease Term
Operating leases (in years)	3 years 7 months 6 days
Finance leases (in years)	4 years 3 months 19 days
Weighted Average Discount Rate
Operating leases	6.70%
Finance leases	8.10%

Impairments and Other Charges (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Schedule of Impairments and Other Charges



	Pressure Pumping		Wireline		Pressure Control		Corporate		Year Ended December 31, 2019
Property, plant and equipment	$	26,350	$	318	$	—	$	—	$	26,668
Intangible assets	7,659		—		—		—		7,659
Operating lease right of use assets	169		1,719		—		—		1,888
Total impairment	34,178		2,037		—		—		36,215
Restructuring charges	1,600		1,576		162		2,006		5,344
Total impairment and restructuring	$	35,778	$	3,613	$	162	$	2,006	$	41,559

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net loss	$ (75,436)	$ (18,182)	$ (21,156)
Adjustments to reconcile net loss to net cash
Depreciation and amortization	49,519	46,683	45,687
Impairment expense	36,215	0
Gain on disposition of assets	(10,897)	(7,785)	(10,500)
Non-cash interest expense	351	1,032	5,960
Loss on debt extinguishment	0	8,594	0
Provision for doubtful accounts	2,423	1,103	289
Deferred income tax expense	(58)	92	50
Stock-based compensation	8,928	17,898	0
Changes in operating assets and liabilities:
Accounts receivable	32,888	(19,398)	(46,869)
Unbilled receivables	6,852	(4,121)	(1,953)
Inventories	1,862	(770)	(3,144)
Prepaid expenses and other current assets	6,174	1,442	1,812
Other noncurrent assets	(79)	(3)	(1,439)
Accounts payable	(14,415)	10,647	6,969
Accrued liabilities	(7,919)	2,767	12,810
Other long-term liabilities	(131)	(60)	(56)
Net cash provided (used in) by operating activities	36,277	39,939	(11,540)
Cash flows from investing activities:
Purchases of property, plant and equipment	(35,247)	(64,957)	(21,244)
Proceeds from sale of property, plant and equipment	16,810	10,744	35,754
Net cash (used in) provided by investing activities	(18,437)	(54,213)	14,510
Cash flows from financing activities:
Proceeds from revolving debt	7,500	41,500	11,035
Payments on revolving debt	(16,000)	(91,071)	(21,964)
Proceeds from term loans	0	0	5,000
Payments on term loans	0	(11,225)	0
Payments on finance leases	(1,990)	(380)	(315)
Payments on financed payables	(3,373)	(2,139)	0
Payment of deferred financing costs	0	(1,564)	(194)
Prepayment premiums on early debt extinguishment	0	(1,346)	0
Payments for treasury shares	(3,051)	(1,816)	0
Proceeds from new shares issuance, net of underwriting commissions	0	90,542	0
Costs incurred for stock issuance	0	(3,174)	0
Net cash (used in) provided by financing activities	(16,914)	19,327	(6,438)
Net increase (decrease) in cash and cash equivalents	926	5,053	(3,468)
Cash and cash equivalents beginning of period	13,804	8,751	12,219
Cash and cash equivalents end of period	14,730	13,804	8,751
Supplemental cash flow information
Cash paid for interest	2,805	2,087	5,755
Income taxes paid	491	105	77
Supplemental non-cash investing and financing activities
Non-cash proceeds from sale of assets held for sale	0	0	3,990
Fixed asset purchases in accounts payable and accrued liabilities	2,999	4,900	934
Financed payables	3,627	2,994	1,666
Non-cash finance lease additions	8,887	53	70
Non-cash payment for property, plant and equipment	0	3,279	711
Debt conversion of Former Term Loan to equity	0	33,631	0
Conversion of accrued interest to debt	0	0	4,202
Issuance of common shares for members’ equity	$ 0	$ 212,630	$ 0

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies - Narrative (Details)						3 Months Ended								12 Months Ended
	Mar. 09, 2018 USD ($) shares	Mar. 08, 2018 shares	Feb. 22, 2018 shares	Feb. 13, 2018 USD ($) $ / shares shares	Dec. 31, 2017 USD ($) shares	Dec. 31, 2019 USD ($) shares	Sep. 30, 2019 USD ($)	Jun. 30, 2019 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($) shares	Sep. 30, 2018 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2019 USD ($) Segment shares	Dec. 31, 2018 USD ($) shares	Dec. 31, 2017 USD ($) shares	Mar. 10, 2018 shares	Dec. 31, 2016 USD ($) shares
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Third party accounts receivable						$ 66,300,000								$ 66,300,000
Contract liabilities recognized related to contracts with customers						0								0
Contract assets recognized related to contracts with customers						$ 0								0
Impairment expense							$ 36,200,000							$ 36,215,000	$ 0
Number of reportable segments \| Segment														4
Warrants to purchase common units outstanding (warrants) \| shares					227,885,579											227,885,579
Stock issued holders of equity (shares) \| shares					20,235,193
Offering expense														$ 0	$ 3,174,000	$ 0
Common stock outstanding (shares) \| shares				32,857,660		33,333,547				33,333,547				33,333,547	33,333,547		33,630,934
Stock withheld to satisfy tax obligations of holder of award (shares) \| shares		136,585
Repayment of revolving credit facility														$ 16,000,000	$ 91,071,000	21,964,000
Decrease to general and administrative costs						$ (13,509,000)	(12,056,000)	$ (13,862,000)	$ (15,710,000)	$ (13,815,000)	$ (14,140,000)	$ (14,489,000)	$ (20,312,000)	(55,137,000)	(62,756,000)	(44,000,000)
Increase to direct operating costs						79,361,000	$ 101,737,000	$ 109,075,000	$ 121,551,000	135,412,000	$ 126,925,000	$ 124,592,000	$ 116,097,000	411,724,000	503,026,000	361,465,000
Accounts Receivable, Allowance for Credit Loss					$ 776,000	4,057,000				$ 1,841,000				4,057,000	1,841,000	776,000		$ 880,000
Bad debt expense														2,400,000	$ 1,100,000	$ 300,000
Monthly bad debt expense average amount														100,000
2015 Long Term Incentive Plan
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stock issued in connection with vesting of awards (shares) \| shares			139,921
2017 Long Term Incentive Plan
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stock issued in connection with vesting of awards (shares) \| shares		260,529
IPO
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Gross proceeds from public offering				$ 92,600,000
Net proceeds on issuance of common stock after deducting underwriting discounts and commissions				87,000,000
Underwriting discounts and commissions				5,600,000
Offering expense				$ 5,300,000
Issuance of common stock sold in initial public offering, net of offering costs (shares) \| shares				9,259,259
Over-Allotment Option
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net proceeds on issuance of common stock after deducting underwriting discounts and commissions	$ 3,500,000
Underwriting discounts and commissions	$ 100,000
Issuance of common stock sold in initial public offering, net of offering costs (shares) \| shares	372,824
Former Term Loan
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stock issued to settle debt (shares) \| shares				3,363,208
Public offering price (USD per share) \| $ / shares				$ 10
Term Loan						$ 40,000,000								40,000,000
Repayment of term loan														$ 12,600,000
Interest rate (as a percent)						10.00%								10.00%
Term loan maturity period														2020
New ABL Facility
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Term Loan				$ 13,000,000		$ 21,000,000								$ 21,000,000
Revolving credit facility
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Repayment of revolving credit facility														$ 81,100,000
Member Units
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Common units outstanding with Predecessor (units) \| shares					417,441,074	0				0				0	0	417,441,074		417,441,000
Ratio of shares issued					31.669363
Warrant
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stock issued to settle warrants (shares) \| shares					223,394,762
Restatement Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to general and administrative costs															$ 34,500,000	$ 25,900,000
Increase to direct operating costs															$ 34,500,000	$ 25,900,000

Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of Lease Expense and Supplemental Information Related to Leases

The components of lease expense were as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Operating lease cost:	$	9,339
Short-term lease cost:	$	803

Finance lease cost:
Amortization of ROU assets	2,091
Interest on lease liabilities	840
Total finance lease cost	2,931

Supplemental cash flow information related to leases was as follows (in thousands of U.S. dollars):



	Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	7,940
Operating cash flows for finance leases	784
Financing cash flows for finance leases	1,990

ROU assets obtained in exchange for lease obligations:
Operating leases	$	907
Finance leases	8,887

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in thousands of U.S. dollars, except lease term and discount rate):



	December 31, 2019
Operating Leases
Operating lease ROU assets	$	10,943

Other current liabilities	$	4,445
Long-term operating lease liabilities	7,970
Total operating lease liabilities	$	12,415

Finance Leases
Property and equipment, net	$	8,422

Other current liabilities	$	2,779
Long-term finance lease liabilities	7,961
Total finance lease liabilities	$	10,740

Weighted Average Remaining Lease Term
Operating leases (in years)	3.6
Finance leases (in years)	4.3

Weighted Average Discount Rate
Operating leases	6.7		%
Finance leases	8.1		%

Maturities of Lease Liabilities

Maturities of lease liabilities were as follows at December 31, 2019 (in thousands of U.S. dollars):



	Operating Leases			Finance Leases
2020	$	5,409		$	3,749
2021	4,440			3,709
2022	2,539			2,993
2023	917			1,148
2024	524			631
Thereafter	1,083			1,307
Total lease payments	14,912			13,537
Less: imputed interest	(2,497		)	(2,797		)
Total	$	12,415		$	10,740

Maturities of Lease Liabilities

Maturities of lease liabilities were as follows at December 31, 2019 (in thousands of U.S. dollars):



	Operating Leases			Finance Leases
2020	$	5,409		$	3,749
2021	4,440			3,709
2022	2,539			2,993
2023	917			1,148
2024	524			631
Thereafter	1,083			1,307
Total lease payments	14,912			13,537
Less: imputed interest	(2,497		)	(2,797		)
Total	$	12,415		$	10,740

Organization and Nature of Operations, Basis of Presentation and Significant Accounting Policies - Allowance for Doubtful Accounts (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 1,841,000	$ 776,000	$ 880,000
Charged to costs and expenses	2,423,000	1,103,000	289,000
Deductions	(207,000)	(38,000)	(393,000)
Balance at end of period	$ 4,057,000	$ 1,841,000	$ 776,000

Related Party Transactions - Summary (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quintana Capital Group
Related Party Transaction [Line Items]
Accounts payable to affiliates	$ 23	$ 0
Operating expenses from affiliates	408	384	$ 529
Archer Well Company Inc.
Related Party Transaction [Line Items]
Accounts payable to affiliates	21	40
Operating expenses from affiliates	$ 26	$ 81	$ 10

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Costs

The following table summarizes stock-based compensation costs for the years ended December 31, 2019, 2018 and 2017(in thousands of U.S. dollars):



	Years Ended December 31,
	2019		2018		2017
Restricted stock awards	$	600	$	438	$	—
Restricted stock units	7,276		16,293		—
Performance stock units	1,052		1,167		—
Stock-based compensation expense⁽¹⁾	$	8,928	$	17,898	$	—

Schedule of Status and Changes of Non-vested RSUs

A summary of the status and changes during the year ended December 31, 2019 of the Company’s shares of non-vested RSUs is as follows:



	Number of Shares (in thousands)		Grant Date Fair Value per Share		Weighted Average Remaining Life (in years)
Outstanding at December 31, 2017:	1,627		$	17.73	3.46
Granted	476		8.92		2.11
Forfeited	(8	)	8.92
Vested	(544	)	10.00
Outstanding at December 31, 2018:	1,551		$	15.74	2.36
Granted	898		4.26		2.12
Forfeited	(169	)	7.77
Vested	(691	)	9.41
Outstanding at December 31, 2019:	1,589		$	11.53	1.60

Schedule of Status and Changes of Outstanding PSUs

A summary of the outstanding PSUs for the years ended December 31, 2019, 2018 and 2017 is as follows:



	Number of Shares (in thousands)		Grant Date Fair Value per Share		Weighted Average Remaining Life (in years)
Outstanding at December 31, 2017:	—		$	—	—
Granted	425		5.49		2.36
Forfeited	—		—		—
Vested	—		—		—
Outstanding at December 31, 2018:	425		$	5.49	2.11
Granted	323		3.98		2.12
Forfeited	(389	)	5.45		—
Vested	(44	)	5.49		—
Outstanding at December 31, 2019	315		$	4.84	1.91

Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment expense	$ 36,200	$ 36,215	$ 0
Impairment of intangible assets	$ 7,700	7,659
Amortization expense		$ 1,400	$ 1,800	$ 2,400

Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax provision computed at the statutory federal rate	21.00%	21.00%	34.00%
State income taxes, net of federal tax benefit	(0.50%)	(3.70%)	0.00%
Non-deductible wages	(0.30%)	(4.10%)	0.00%
Non-deductible meals and entertainment	(1.00%)	(4.10%)	0.00%
Stock based compensation	(2.60%)	(6.50%)	0.00%
Valuation allowance	(12.50%)	(6.30%)	0.00%
Flow through income not taxable	0.00%	0.00%	(34.40%)
Other differences	0.00%	(0.20%)	0.00%
Change in rate and return to provision	(4.70%)	0.00%	0.00%
Effective tax rate	(0.60%)	(3.90%)	(0.40%)

Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Depreciation of assets is computed using the straight-line method over the lesser of the estimated useful lives of the respective assets or the lease term, if shorter. Depreciation expense and capital lease amortization expense for the years ended December 31, 2019, 2018 and 2017 was $46.2 million, $44.9 million and $43.3 million, respectively. A substantial portion of the Company’s equipment and tools are designed for specific applications in oil and gas exploration. Gains recorded for assets lost in hole for the years ended December 31, 2019, 2018 and 2017 were $9.0 million, $5.4 million and $7.9 million, respectively. Gain/(loss) related to the sale of PP&E for the years ended December 31, 2019, 2018 and 2017 were $1.9 million, $2.4 million and $2.6 million, respectively.

Major classifications of PP&E and their respective useful lives were as follows (in thousands of dollars):



	Estimated	As of December 31,
	Useful Lives	2019			2018
Land	Indefinite	$	2,732		$	3,740
Service equipment	3-10 years	259,958			298,782
Machinery and equipment	7-15 years	80,672			70,749
Buildings and leasehold improvements	5-39 years	14,000			24,648
Software	3-5 years	3,031			2,348
Office furniture and equipment	3-10 years	2,499			2,792
ROU assets, net - finance leases	7-15 years	8,422			—
		371,314			403,059
Less: Accumulated depreciation		(265,293		)	(255,843		)
		106,021			147,216
Construction in progress		4,354			6,662
Property, plant and equipment, net		$	110,375		$	153,878

Property, plant and equipment under capital leases included in the above are as follows:



	Estimated	As of December 31,
	Useful Lives	2018
Machinery and equipment	3 Years	$	233
Buildings and leasehold improvements	20 Years	2,252
		2,485
Less: Accumulated amortization		(676		)
		$	1,809

Assets Held for Sale

As of December 31, 2019, our consolidated balance sheet includes assets classified as held for sale of $3.3 million. The assets held for sale are reported within prepaid and other current assets on the consolidated balance sheet and represent the value of one operational facility in our Pressure Pumping segment and one operational facility in our Wireline segment. These assets are being actively marketed for sale as of December 31, 2019 and are recorded at the lower of their carrying value or fair value less costs to sell. The decision to sell these assets were supported by additional insights into expectations of lower growth and margins for the Wireline and Pressure Pumping asset groups provided during our impairment trigger review performed during the fourth quarter of 2019.

Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Types of Fees in Typical Service Contract and Related Recognition

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

The following chart details the types of fees found in a typical service contract and the related recognition method under ASC 606:



Fee type		Revenue Recognition
Day rate		Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization		Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization		Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement		Recognized (gross of costs incurred) at the amount billed to the customer.

Segment Information - Financial Information Related to Assets Position (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	$ 240,529	$ 324,549
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	234,320	317,206
Operating Segments \| Directional Drilling
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	99,456	96,942
Operating Segments \| Pressure Pumping
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	45,875	121,824
Operating Segments \| Pressure Control
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	67,685	70,401
Operating Segments \| Wireline
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	21,304	28,039
Corporate and Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Total assets	$ 6,209	$ 7,343

Income Taxes - Change in Valuation Allowance (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)
Deferred Tax Asset Valuation Allowance [Roll Forward]
Valuation allowance as of the beginning of January 1, 2019	$ (90,027)
Valuation allowance as of December 31, 2018	(87,322)
Charged to equity
Deferred Tax Asset Valuation Allowance [Roll Forward]
Valuation allowance as of December 31, 2018	(87,322)
Charged to income tax provision for current year activity
Deferred Tax Asset Valuation Allowance [Roll Forward]
Charged to income tax provision for current year activity	$ 2,705

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

he changes in the carrying amounts of other intangible assets for the year ended December 31, 2019, 2018 and 2017 are as follows (in thousands of dollars):



	Trademarks			Customer Relationships			Non-compete Agreement			Total
Gross Amount as of December 31, 2018	$	1,750		$	11,710		$	4,560		$	18,020
Accumulated Amortization	(1,750		)	(3,603		)	(3,648		)	(9,001		)
Net Balance as of December 31, 2018	—			8,107			912			9,019
Gross Amount as of December 31, 2019	1,750			11,710			4,560			18,020
Accumulated Amortization	(1,750		)	(11,710		)	(4,560		)	(18,020		)
Net Balance as of December 31, 2019	$	—		$	—		$	—		$	—

Accrued Liabilities

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Accrued Liabilities

Accrued liabilities consist of the following (in thousands of U.S. dollars):



	December 31, 2019		December 31, 2018
Current accrued liabilities:
Accrued payables	$	7,985	$	12,943
Payroll and payroll taxes	7,665		7,051
Bonus	3,147		6,117
Workers compensation insurance premiums	1,328		1,532
Sales tax	1,813		2,599
Ad valorem tax	648		581
Health insurance claims	1,010		921
Other accrued liabilities	5,925		5,789
Total accrued liabilities	$	29,521	$	37,533

Impairments and Other Charges - Schedule of Impairments and Other Charges (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment					$ 26,668
Intangible assets		$ 7,700			7,659
Operating lease right of use assets					1,888
Total impairment		36,200			36,215	$ 0
Restructuring charges		5,300			5,344
Total impairment and restructuring	$ 16	$ 41,543	$ 0	$ 0	41,559	$ 0	$ 0
Operating Segments \| Pressure Pumping
Property, Plant and Equipment [Line Items]
Property, plant and equipment					26,350
Intangible assets					7,659
Operating lease right of use assets					169
Total impairment					34,178
Restructuring charges					1,600
Total impairment and restructuring					35,778
Operating Segments \| Wireline
Property, Plant and Equipment [Line Items]
Property, plant and equipment					318
Intangible assets					0
Operating lease right of use assets					1,719
Total impairment					2,037
Restructuring charges					1,576
Total impairment and restructuring					3,613
Operating Segments \| Pressure Control
Property, Plant and Equipment [Line Items]
Property, plant and equipment					0
Intangible assets					0
Operating lease right of use assets					0
Total impairment					0
Restructuring charges					162
Total impairment and restructuring					162
Corporate and Other
Property, Plant and Equipment [Line Items]
Property, plant and equipment					0
Intangible assets					0
Operating lease right of use assets					0
Total impairment					0
Restructuring charges					2,006
Total impairment and restructuring					$ 2,006

Revenue - Fees Type in Typical Service Contract and Related Recognition (Details)	12 Months Ended
	Dec. 31, 2019
Day rate
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Revenue is recognized based on the day rates earned as it relates to the level of service provided for each day throughout the contract.
Initial mobilization
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Revenue is estimated at contract inception and included in the transaction price to be recognized ratably over contract term.
Demobilization
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Unconstrained demobilization revenue is estimated at contract inception, included in the transaction price, and recognized ratably over the contract term.
Reimbursement
Revenue from Contract with Customers [Line Items]
Revenue Recognition	Recognized (gross of costs incurred) at the amount billed to the customer.

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended				12 Months Ended
	Jan. 31, 2019	Dec. 31, 2019	Sep. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Previously recognized RSU expense						$ (8,928)	$ (17,898)	$ 0
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (shares)	140,844				57,145
Fair value of grants (USD per share)	$ 4.26				$ 8.75
Previously recognized RSU expense						(600)	(438)	$ 0
Restricted stock awards \| Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized compensation costs		$ 100				$ 100	$ 0
Award vesting period						1 month
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (shares)				897,967	476,042	1,000	0
Fair value of grants (USD per share)		$ 11.53				$ 11.53	$ 15.74	$ 17.73
Unamortized compensation costs		$ 8,600				$ 8,600	$ 16,900
Award vesting period				3 years	3 years	1 year 7 months 5 days
Number of awards forfeited during period (shares)						0	0
Previously recognized RSU expense						$ (7,276)	$ (16,293)	$ 0
Restricted stock units \| Officers And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards forfeited during period (shares)		168,659	123,046
Previously recognized RSU expense		$ 1,700	$ 1,300
Shares previously unvested, accelerated vesting (shares)		181,948
Accelerated vesting stock compensation expense		$ 300
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (shares)						323,000	425,000
Fair value of grants (USD per share)		$ 4.84				$ 4.84	$ 5.49	$ 0.00
Unamortized compensation costs		$ 700				$ 700	$ 1,200
Award vesting period						1 year 10 months 28 days
Number of awards forfeited during period (shares)						389,000	0
Previously recognized RSU expense						$ (1,052)	$ (1,167)	$ 0
Performance stock units \| Officers And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of awards forfeited during period (shares)		77,507	77,507
Previously recognized RSU expense		$ 400	$ 400
2018 \| Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (shares)				323,483	425,083	323,483
Number of awards forfeited during period (shares)							297,558
Number of awards earned during period (shares)							127,525
Number of awards awarded during period (shares)				646,966
Number of awards awarded but not yet considered granted in period (shares)						323,483
Year 1 \| 2018 \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				33.00%	33.00%
Year 2 \| 2018 \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				33.00%	33.00%
Year 3 \| 2018 \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				33.00%	33.00%