XML 23 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Related Party Transactions
 9 Months Ended
Sep. 30, 2020
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS –
Comstock operates wells for partnerships owned by the Company's majority stockholder. As operator, Comstock charges the partnerships for the costs incurred to drill and operate the wells in addition to customary drilling and operating overhead fees that it charges other working interest owners. Comstock received $2.4 million and $78.4 million from the partnerships related to these wells for the three months and nine months ended September 30, 2020, respectively, and $12.1 million and $13.7 million for the three months and nine months ended September 30, 2019, respectively.
The Company also provides natural gas marketing services to the partnerships, including evaluating potential markets and providing hedging services, and receives a fee equal to $0.02 per Mcf for natural gas marketed.
Comstock had a $2.2 million receivable from the partnerships at September 30, 2020, which was collected in full on November 4, 2020.