XML 16 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 17,735 $ 16,720
Accounts receivable, net 370,978 363,580
Inventory 23,039 19,367
Prepaid expenses 5,954 7,631
Derivative instruments 0 344
Intangible assets, net 958 0
Other current assets 193 193
Total current assets 418,857 407,835
Property, plant and equipment    
Oil and gas properties (successful efforts method) 8,911,096 7,838,955
Other property and equipment 963,871 868,746
Less: accumulated depreciation, depletion, amortization and impairment (2,688,361) (2,534,215)
Total property, plant and equipment, net 7,186,606 6,173,486
Derivative instruments 0 9
Long-term inventory 12,506 12,200
Other assets 20,961 21,600
Total assets 7,638,930 6,615,130
Current liabilities    
Accounts payable 16,127 13,370
Revenues and production taxes payable 245,198 213,995
Accrued liabilities 233,422 236,480
Accrued interest payable 20,681 38,963
Derivative instruments 149,657 115,716
Advances from joint interest partners 4,888 4,916
Other current liabilities 40 40
Total current liabilities 670,013 623,480
Long-term debt 2,696,534 2,097,606
Deferred income taxes 306,749 305,921
Asset retirement obligations 51,955 48,511
Derivative instruments 19,699 19,851
Other liabilities 7,822 6,182
Total liabilities 3,752,772 3,101,551
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value: 450,000,000 shares authorized; 319,384,813 shares issued and 317,363,008 shares outstanding at March 31, 2018 and 270,627,014 shares issued and 269,295,466 shares outstanding at December 31, 2017 3,154 2,668
Treasury stock, at cost: 2,021,805 and 1,331,548 shares at March 31, 2018 and December 31, 2017, respectively (28,200) (22,179)
Additional paid-in capital 3,055,003 2,677,217
Retained earnings 718,575 717,985
Oasis share of stockholders’ equity 3,748,532 3,375,691
Non-controlling interests 137,626 137,888
Total stockholders’ equity 3,886,158 3,513,579
Total liabilities and stockholders’ equity $ 7,638,930 $ 6,615,130