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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 16,720 $ 11,226
Accounts receivable, net 363,580 204,335
Inventory 19,367 10,648
Prepaid expenses 7,631 7,623
Derivative instruments 344 362
Other current assets 193 4,355
Total current assets 407,835 238,549
Property, plant and equipment    
Oil and gas properties (successful efforts method) 7,838,955 7,296,568
Other property and equipment 868,746 618,790
Less: accumulated depreciation, depletion, amortization and impairment (2,534,215) (1,995,791)
Total property, plant and equipment, net 6,173,486 5,919,567
Derivative instruments 9 0
Long-term inventory 12,200 0
Other assets 21,600 20,516
Total assets 6,615,130 6,178,632
Current liabilities    
Accounts payable 13,370 4,645
Revenues and production taxes payable 213,995 139,737
Accrued liabilities 236,480 119,173
Accrued interest payable 38,963 39,004
Derivative instruments 115,716 60,469
Advances from joint interest partners 4,916 7,597
Other current liabilities 40 10,490
Total current liabilities 623,480 381,115
Long-term debt 2,097,606 2,297,214
Deferred income taxes 305,921 513,529
Asset retirement obligations 48,511 48,985
Derivative instruments 19,851 11,714
Other liabilities 6,182 2,918
Total liabilities 3,101,551 3,255,475
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value: 450,000,000 shares authorized; 270,627,014 shares issued and 269,295,466 shares outstanding at December 31, 2017 and 237,201,064 shares issued and 236,344,172 shares outstanding at December 31, 2016 2,668 2,331
Treasury stock, at cost: 1,331,548 and 856,892 shares at December 31, 2017 and December 31, 2016, respectively (22,179) (15,950)
Additional paid-in capital 2,677,217 2,345,271
Retained earnings 717,985 591,505
Oasis share of stockholders’ equity 3,375,691 2,923,157
Non-controlling interests 137,888 0
Total stockholders’ equity 3,513,579 2,923,157
Total liabilities and stockholders’ equity $ 6,615,130 $ 6,178,632