Mammoth Energy Services, Inc. Current report filing

Current report filing

Property, Plant and Equipment (Tables)

Property, Plant and Equipment (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment include the following:



			March 31,				December 31,
	Useful Life		2017				2016
Land			$	5,040,482			$	5,040,482
Land improvements	15 years or life of lease		3,640,976				3,640,976
Buildings	15-39 years		55,102,313				54,833,021
Drilling rigs and related equipment	3-15 years		139,101,541				138,526,519
Pressure pumping equipment	3-5 years		101,580,322				96,500,592
Coil tubing equipment	4-10 years		28,006,153				28,019,217
Rail improvements	10-20 years		4,276,928				4,276,928
Other machinery and equipment	7-20 years		36,171,379				35,548,357
Vehicles, trucks and trailers	5-10 years		33,226,910				33,140,599
Other property and equipment	3-12 years		11,482,525				11,461,839
			417,629,529				410,988,530
Deposits on equipment and equipment in process of assembly			40,036,012				9,427,307
			457,665,541				420,415,837
Less: accumulated depreciation			192,938,099				178,296,174
Property, plant and equipment, net			$	264,727,442			$	242,119,663

Schedule Of Depreciation, Depletion, Accretion And Amortization Expense

A summary of depreciation, depletion, accretion and amortization expense is shown below:



		Three Months Ended March 31,
		2017				2,016
Depreciation expense		$	14,966,798			$	15,483,322
Accretion expense (see Note 2)		433				—
Depletion expense (see Note 2)		2,270				—
Amortization expense (see Note 5)		2,267,750				2,267,750
Depreciation, depletion, accretion and amortization		$	17,237,251			$	17,751,072