XML 40 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenues associated with contracts with customers for oil, natural gas and NGL sales were as follows for the three months ended March 31, 2018 and 2017:
Exploration and Production Revenues
 
Three Months Ended March 31,
 
2018
 
2017
 
(In thousands)
Oil revenues
$
323,386

 
$
208,595

Purchased oil sales
17,989

 
27,630

Natural gas revenues
26,961

 
19,535

Purchased gas sales
49

 

NGL revenues
13,323

 
9,124

Total exploration and production revenues
$
381,708

 
$
264,884

Revenues associated with contracts with customers for midstream services were as follows for the three months ended March 31, 2018 and 2017:
Midstream Revenues(1)
 
Three Months Ended March 31,
 
2018
 
2017
 
(In thousands)
Crude oil and natural gas revenues
$
18,029

 
$
8,551

Water revenues
9,893

 
6,055

Total midstream revenues
$
27,922

 
$
14,606

__________________
(1)
Represents midstream revenues excluding all intercompany revenues for work performed by the midstream services business segment for Oasis’s working interests that are eliminated in consolidation and are therefore not included in midstream services revenues.
Revenues associated with contracts with customers for hydraulic fracturing services and equipment rental sales were as follows for the three months ended March 31, 2018 and 2017:
Well Services Revenues(1)
 
Three Months Ended March 31,
 
2018
 
2017
 
(In thousands)
Hydraulic fracturing service revenues
$
10,426

 
$
5,156

Equipment rental revenues
1,160

 
471

Total well services revenues
$
11,586

 
$
5,627

__________________
(1)
Represents well services revenues excluding all intercompany revenues for work performed by the well services business segment for Oasis’s working interests that are eliminated in consolidation and are therefore not included in well services revenues.