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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Summarized Financial Information of Segments
The following table summarizes financial information for the Company’s three business segments for the periods presented:
 
Exploration and
Production
 
Midstream Services
 
Well Services
 
Eliminations
 
Consolidated
 
(In thousands)
Year Ended December 31, 2018
 
Revenues from external customers
$
2,136,735

 
$
124,137

 
$
61,075

 
$

 
$
2,321,947

Inter-segment revenues

 
162,505

 
144,544

 
(307,049
)
 

Total revenues
2,136,735

 
286,642

 
205,619

 
(307,049
)
 
2,321,947

Operating income (loss)
(25,027
)
 
143,126

 
30,988

 
(30,075
)
 
119,012

Other income (expense)
(142,265
)
 
(2,125
)
 
35

 

 
(144,355
)
Income (loss) before income taxes including non-controlling interests
$
(167,292
)
 
$
141,001

 
$
31,023

 
$
(30,075
)
 
$
(25,343
)
Total assets(1)
$
6,838,987

 
$
920,619

 
$
48,150

 
$
(181,614
)
 
$
7,626,142

Property, plant and equipment, net
6,311,566

 
893,285

 
38,871

 
(216,613
)
 
7,027,109

Capital expenditures(2)
1,948,076

 
277,626

 
7,831

 
(30,080
)
 
2,203,453

Depreciation, depletion and amortization
618,402

 
29,282

 
15,698

 
(27,086
)
 
636,296

General and administrative
102,482

 
24,700

 
23,282

 
(29,118
)
 
121,346

Equity-based compensation
27,910

 
1,547

 
1,588

 
(1,772
)
 
29,273

Impairment
384,228

 

 

 

 
384,228

 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
Revenues from external customers
$
1,168,176

 
$
72,752

 
$
52,791

 
$

 
$
1,293,719

Inter-segment revenues

 
113,047

 
95,345

 
(208,392
)
 

Total revenues
1,168,176

 
185,799

 
148,136

 
(208,392
)
 
1,293,719

Operating income
40,694

 
102,377

 
15,057

 
(14,160
)
 
143,968

Other income (expense)
(219,823
)
 
(37
)
 
34

 

 
(219,826
)
Income (loss) before income taxes including non-controlling interests
$
(179,129
)
 
$
102,340

 
$
15,091

 
$
(14,160
)
 
$
(75,858
)
Total assets(1)
$
6,058,054

 
$
663,614

 
$
52,800

 
$
(151,539
)
 
$
6,622,929

Property, plant and equipment, net
5,663,323

 
649,923

 
46,779

 
(186,539
)
 
6,173,486

Capital expenditures(2)
602,734

 
235,090

 
12,537

 
(14,157
)
 
836,204

Depreciation, depletion and amortization
519,853

 
15,999

 
12,939

 
(17,989
)
 
530,802

General and administrative
77,560

 
19,583

 
24,359

 
(29,705
)
 
91,797

Equity-based compensation
25,436

 
1,461

 
1,264

 
(1,627
)
 
26,534

Impairment
6,887

 

 

 

 
6,887

 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2016
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
635,505

 
$
35,406

 
$
33,754

 
$

 
$
704,665

Inter-segment revenues

 
85,447

 
59,595

 
(145,042
)
 

Total revenues
635,505

 
120,853

 
93,349

 
(145,042
)
 
704,665

Operating income (loss)
(196,179
)
 
68,868

 
3,428

 
(6,950
)
 
(130,833
)
Other income (expense)
(240,290
)
 
(474
)
 
43

 

 
(240,721
)
Income (loss) before income taxes
$
(436,469
)
 
$
68,394

 
$
3,471

 
$
(6,950
)
 
$
(371,554
)
Total assets(1)
$
5,868,747

 
$
431,095

 
$
51,167

 
$
(172,377
)
 
$
6,178,632

Property, plant and equipment, net
5,620,558

 
424,197

 
47,189

 
(172,377
)
 
5,919,567

Capital expenditures(2)
1,017,411

 
170,386

 
680

 
(6,950
)
 
1,181,527

Depreciation, depletion and amortization
467,894

 
8,525

 
14,892

 
(14,980
)
 
476,331

General and administrative
78,995

 
12,112

 
24,427

 
(26,192
)
 
89,342

Equity-based compensation
23,346

 
911

 
1,515

 
(1,669
)
 
24,103

Impairment
2,253

 
2,431

 

 

 
4,684

__________________ 
(1)
Intercompany receivables (payables) for all segments were reclassified to capital contributions from (distributions to) parent and not included in total assets.
(2)
Capital expenditures (including acquisitions) reflected in the table above differ from the amounts for capital expenditures and acquisitions of oil and gas properties shown in the Company’s Consolidated Statements of Cash Flows because amounts reflected in the table include changes in accrued liabilities from the previous reporting period for capital expenditures, while the amounts presented in the Consolidated Statements of Cash Flows are presented on a cash basis. Acquisitions totaled $951.9 million, $54.0 million and $781.5 million for the years ended December 31, 2018, 2017 and 2016, respectively, in the exploration and production segment. Additionally, capital expenditures (including acquisitions) reflected in the table includes consideration paid through the issuance of common stock in connection with the Permian Basin Acquisition for the year ended December 31, 2018.