v3.24.1.u1

Property, Plant, and Equipment (Tables)

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment Table

A summary of the historical cost of property, plant, and equipment is as follows:

thousands						Estimated Useful Life						March 31, 2024						December 31, 2023
Land						N/A						$	12,442					$	12,504
Gathering systems – pipelines						30 years						5,935,848						5,890,607
Gathering systems – compressors						15 years						2,602,110						2,553,602
Processing complexes and treating facilities						25 years						3,775,379						3,745,332
Transportation pipeline and equipment						3 to 48 years						259,227						259,314
Produced-water disposal systems						20 years						1,103,001						1,098,616
Assets under construction						N/A						560,417						479,368
Other						3 to 40 years						909,211						906,088
Total property, plant, and equipment												15,157,635						14,945,431
Less accumulated depreciation												5,432,343						5,290,415
Net property, plant, and equipment												$	9,725,292					$	9,655,016

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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