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Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
2. REVENUE FROM CONTRACTS WITH CUSTOMERS

The following table summarizes revenue from contracts with customers:
Three Months Ended March 31,
thousands20262025
Revenue from customers
Service revenues – fee based$933,302 $823,197 
Service revenues – product based88,767 59,252 
Product sales99,616 34,469
Total revenue from customers1,121,685 916,918
Revenue from other than customers
Other1,894 198 
Total revenues and other$1,123,579 $917,116 

Contract balances. Receivables from customers, which are included in accounts receivable, net on the consolidated balance sheets, were $807.5 million and $737.0 million as of March 31, 2026, and December 31, 2025, respectively.
Contract assets primarily relate to (i) revenue accrued but not yet billed under cost-of-service contracts with fixed and variable fees and (ii) accrued deficiency fees the Partnership expects to charge customers once the related performance periods are completed. The following table summarizes activity related to contract assets from contracts with customers:
thousands
Contract assets balance at December 31, 2025$10,515 
Amounts transferred to Accounts receivable, net that were included in the contract assets balance at the beginning of the period(867)
Additional estimated revenues recognized7,154 
Contract assets balance at March 31, 2026$16,802 
 
Contract assets at March 31, 2026
Other current assets$10,013 
Other assets6,789 
Total contract assets from contracts with customers$16,802 
2. REVENUE FROM CONTRACTS WITH CUSTOMERS

Contract liabilities primarily relate to (i) consideration received from customers for which revenue recognition is deferred, (ii) aid-in-construction payments received from customers that must be recognized over the expected period of customer benefit, and (iii) fees that are charged to customers for only a portion of the contract term and must be recognized as revenues over the expected period of customer benefit.

The following table summarizes activity related to contract liabilities from contracts with customers:
thousands
Contract liabilities balance at December 31, 2025$767,148 
Cash received or receivable, excluding revenues recognized during the period6,197 
Revenues recognized that were included in the contract liability balance at the beginning of the period(32,262)
Non-cash consideration received for WES unit redemption from Occidental, net of revenues recognized in the period (1)
594,271 
Contract liabilities balance at March 31, 2026$1,335,354 
 
Contract liabilities at March 31, 2026
Accrued liabilities$185,942 
Other liabilities1,149,412 
Total contract liabilities from contracts with customers$1,335,354 
________________________________________________________________________________________
(1)See Note 6.

Transaction price allocated to remaining performance obligations. Revenues expected to be recognized from certain performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2026, are presented in the table below. The Partnership applies the optional exemptions in Revenue from Contracts with Customers (Topic 606) and does not disclose consideration for remaining performance obligations with an original expected duration of one year or less or for variable consideration related to unsatisfied (or partially unsatisfied) performance obligations. Therefore, the following table represents only a portion of expected future revenues from existing contracts, as most future revenues from customers are dependent on future variable customer volumes and, in some cases, variable commodity prices for those volumes.
thousands
Remainder of 2026$1,142,973 
20271,660,240 
20281,182,021 
2029872,245 
2030727,346 
Thereafter2,395,391 
Total$7,980,216