XML 41 R87.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidating Financial Statements - Schedule of Consolidating Statement of Operations (Detail) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues                      
Oil and gas revenues                 $ 1,304,004,000us-gaap_OilAndGasSalesRevenue $ 1,084,412,000us-gaap_OilAndGasSalesRevenue $ 670,491,000us-gaap_OilAndGasSalesRevenue
Well services and midstream revenues                 86,224,000us-gaap_RevenueOilAndGasServices 57,587,000us-gaap_RevenueOilAndGasServices 16,177,000us-gaap_RevenueOilAndGasServices
Total revenues 299,672,000us-gaap_OilAndGasRevenue 368,659,000us-gaap_OilAndGasRevenue 372,378,000us-gaap_OilAndGasRevenue 349,519,000us-gaap_OilAndGasRevenue 333,615,000us-gaap_OilAndGasRevenue 305,498,000us-gaap_OilAndGasRevenue 254,582,000us-gaap_OilAndGasRevenue 248,304,000us-gaap_OilAndGasRevenue 1,390,228,000us-gaap_OilAndGasRevenue 1,141,999,000us-gaap_OilAndGasRevenue 686,668,000us-gaap_OilAndGasRevenue
Expenses                      
Lease operating expenses                 169,600,000us-gaap_LeaseOperatingExpense 94,634,000us-gaap_LeaseOperatingExpense 54,924,000us-gaap_LeaseOperatingExpense
Well services and midstream operating expenses                 50,252,000us-gaap_WellServiceExpense 30,713,000us-gaap_WellServiceExpense 11,774,000us-gaap_WellServiceExpense
Marketing, transportation and gathering expenses                 29,133,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 25,924,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 9,257,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
Production taxes                 127,648,000us-gaap_ProductionTaxExpense 100,537,000us-gaap_ProductionTaxExpense 62,965,000us-gaap_ProductionTaxExpense
Depreciation, depletion and amortization                 412,334,000us-gaap_DepreciationDepletionAndAmortization 307,055,000us-gaap_DepreciationDepletionAndAmortization 206,734,000us-gaap_DepreciationDepletionAndAmortization
Exploration expenses                 3,064,000us-gaap_ExplorationExpense 2,260,000us-gaap_ExplorationExpense 3,250,000us-gaap_ExplorationExpense
Impairment of oil and gas properties                 47,238,000us-gaap_ImpairmentOfOilAndGasProperties 1,168,000us-gaap_ImpairmentOfOilAndGasProperties 3,581,000us-gaap_ImpairmentOfOilAndGasProperties
General and administrative expenses                 92,306,000us-gaap_GeneralAndAdministrativeExpense 75,310,000us-gaap_GeneralAndAdministrativeExpense 57,190,000us-gaap_GeneralAndAdministrativeExpense
Total expenses                 931,575,000us-gaap_CostsAndExpenses 637,601,000us-gaap_CostsAndExpenses 409,675,000us-gaap_CostsAndExpenses
Gain on sale of properties                 186,999,000us-gaap_GainLossOnSaleOfProperty 0us-gaap_GainLossOnSaleOfProperty 0us-gaap_GainLossOnSaleOfProperty
Operating income 15,924,000us-gaap_OperatingIncomeLoss 134,103,000us-gaap_OperatingIncomeLoss 166,545,000us-gaap_OperatingIncomeLoss 329,080,000us-gaap_OperatingIncomeLoss 122,133,000us-gaap_OperatingIncomeLoss 150,862,000us-gaap_OperatingIncomeLoss 113,450,000us-gaap_OperatingIncomeLoss 117,953,000us-gaap_OperatingIncomeLoss 645,652,000us-gaap_OperatingIncomeLoss 504,398,000us-gaap_OperatingIncomeLoss 276,993,000us-gaap_OperatingIncomeLoss
Other income (expense)                      
Net gain (loss) on derivative instruments                 327,011,000us-gaap_DerivativeGainLossOnDerivativeNet (35,432,000)us-gaap_DerivativeGainLossOnDerivativeNet 34,164,000us-gaap_DerivativeGainLossOnDerivativeNet
Interest expense, net of capitalized interest                 (158,390,000)us-gaap_InterestExpense (107,165,000)us-gaap_InterestExpense (70,143,000)us-gaap_InterestExpense
Other income (expense)                 195,000us-gaap_OtherNonoperatingIncomeExpense 1,216,000us-gaap_OtherNonoperatingIncomeExpense 4,860,000us-gaap_OtherNonoperatingIncomeExpense
Total other income (expense)                 168,816,000us-gaap_NonoperatingIncomeExpense (141,381,000)us-gaap_NonoperatingIncomeExpense (31,119,000)us-gaap_NonoperatingIncomeExpense
Income before income taxes                 814,468,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 363,017,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 245,874,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax benefit (expense)                 (307,591,000)us-gaap_IncomeTaxExpenseBenefit (135,058,000)us-gaap_IncomeTaxExpenseBenefit (92,486,000)us-gaap_IncomeTaxExpenseBenefit
Net income 176,504,000us-gaap_NetIncomeLoss 121,587,000us-gaap_NetIncomeLoss 38,833,000us-gaap_NetIncomeLoss 169,953,000us-gaap_NetIncomeLoss 54,490,000us-gaap_NetIncomeLoss 54,499,000us-gaap_NetIncomeLoss 67,119,000us-gaap_NetIncomeLoss 51,851,000us-gaap_NetIncomeLoss 506,877,000us-gaap_NetIncomeLoss 227,959,000us-gaap_NetIncomeLoss 153,388,000us-gaap_NetIncomeLoss
Parent/Issuer [Member]                      
Expenses                      
General and administrative expenses                 23,528,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
14,044,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
12,591,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total expenses                 23,528,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
14,044,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
12,591,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Operating income                 (23,528,000)us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(14,044,000)us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(12,591,000)us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other income (expense)                      
Equity in earnings of subsidiaries                 613,601,000oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
299,459,000oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
202,924,000oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Interest expense, net of capitalized interest                 (147,230,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(99,663,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(67,651,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other income (expense)                 5,000us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(335,000)us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1,118,000us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Total other income (expense)                 466,376,000us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
199,461,000us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
136,391,000us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income before income taxes                 442,848,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
185,417,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
123,800,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Income tax benefit (expense)                 64,029,000us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
42,542,000us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
29,588,000us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net income                 506,877,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
227,959,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
153,388,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Combined Guarantor Subsidiaries [Member]                      
Revenues                      
Oil and gas revenues                 1,304,004,000us-gaap_OilAndGasSalesRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
1,084,412,000us-gaap_OilAndGasSalesRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
670,491,000us-gaap_OilAndGasSalesRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Well services and midstream revenues                 86,224,000us-gaap_RevenueOilAndGasServices
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
57,587,000us-gaap_RevenueOilAndGasServices
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
16,177,000us-gaap_RevenueOilAndGasServices
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Total revenues                 1,390,228,000us-gaap_OilAndGasRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
1,141,999,000us-gaap_OilAndGasRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
686,668,000us-gaap_OilAndGasRevenue
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Expenses                      
Lease operating expenses                 169,600,000us-gaap_LeaseOperatingExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
94,634,000us-gaap_LeaseOperatingExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
54,924,000us-gaap_LeaseOperatingExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Well services and midstream operating expenses                 50,252,000us-gaap_WellServiceExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
30,713,000us-gaap_WellServiceExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
11,774,000us-gaap_WellServiceExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Marketing, transportation and gathering expenses                 29,133,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
25,924,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
9,257,000us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Production taxes                 127,648,000us-gaap_ProductionTaxExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
100,537,000us-gaap_ProductionTaxExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
62,965,000us-gaap_ProductionTaxExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Depreciation, depletion and amortization                 412,334,000us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
307,055,000us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
206,734,000us-gaap_DepreciationDepletionAndAmortization
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Exploration expenses                 3,064,000us-gaap_ExplorationExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
2,260,000us-gaap_ExplorationExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
3,250,000us-gaap_ExplorationExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Impairment of oil and gas properties                 47,238,000us-gaap_ImpairmentOfOilAndGasProperties
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
1,168,000us-gaap_ImpairmentOfOilAndGasProperties
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
3,581,000us-gaap_ImpairmentOfOilAndGasProperties
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
General and administrative expenses                 68,778,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
61,266,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
44,599,000us-gaap_GeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Total expenses                 908,047,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
623,557,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
397,084,000us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Gain on sale of properties                 186,999,000us-gaap_GainLossOnSaleOfProperty
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
   
Operating income                 669,180,000us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
518,442,000us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
289,584,000us-gaap_OperatingIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Other income (expense)                      
Net gain (loss) on derivative instruments                 327,011,000us-gaap_DerivativeGainLossOnDerivativeNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(35,432,000)us-gaap_DerivativeGainLossOnDerivativeNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
34,164,000us-gaap_DerivativeGainLossOnDerivativeNet
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Interest expense, net of capitalized interest                 (11,160,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(7,502,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(2,492,000)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Other income (expense)                 190,000us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
1,551,000us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
3,742,000us-gaap_OtherNonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Total other income (expense)                 316,041,000us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(41,383,000)us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
35,414,000us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Income before income taxes                 985,221,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
477,059,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
324,998,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Income tax benefit (expense)                 (371,620,000)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(177,600,000)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(122,074,000)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Net income                 613,601,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
299,459,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
202,924,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Intercompany Eliminations [Member]                      
Other income (expense)                      
Equity in earnings of subsidiaries                 (613,601,000)oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(299,459,000)oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(202,924,000)oas_EquityInEarningsInSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Total other income (expense)                 (613,601,000)us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(299,459,000)us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(202,924,000)us-gaap_NonoperatingIncomeExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Income before income taxes                 (613,601,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(299,459,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(202,924,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Net income                 $ (613,601,000)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
$ (299,459,000)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
$ (202,924,000)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember