XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Total revenues $ 575,732 $ 473,812
Operating expenses    
Lease operating expenses 58,444 44,781
Marketing, transportation and gathering expenses 34,950 21,013
Production taxes 29,618 31,000
Depreciation, depletion and amortization 189,833 149,265
Exploration expenses 830 769
Impairment 629 93
General and administrative expenses 34,459 27,940
Total operating expenses 522,366 360,827
Loss on sale of properties (2,922) 0
Operating income 50,444 112,985
Other income (expense)    
Net loss on derivative instruments (117,611) (71,116)
Interest expense, net of capitalized interest (44,468) (37,146)
Other expense (46) (183)
Total other expense (162,125) (108,445)
Income (loss) before income taxes (111,681) 4,540
Income tax benefit (expense) 3,703 (828)
Net income (loss) including non-controlling interests (107,978) 3,712
Less: Net income attributable to non-controlling interests 6,904 3,122
Net income (loss) attributable to Oasis $ (114,882) $ 590
Earnings (loss) attributable to Oasis per share:    
Basic (in dollars per share) $ (0.37) $ 0.00
Diluted (in dollars per share) $ (0.37) $ 0.00
Weighted average shares outstanding:    
Basic (in shares) 314,464 290,105
Diluted (in shares) 314,464 291,738
Oil and gas revenues    
Revenues    
Total revenues $ 368,782 $ 366,595
Purchased oil and gas    
Revenues    
Total revenues 148,471 67,709
Operating expenses    
Expenses 149,904 70,594
Midstream Services    
Revenues    
Total revenues 48,021 27,922
Operating expenses    
Expenses 16,729 7,985
Well Services    
Revenues    
Total revenues 10,458 11,586
Operating expenses    
Expenses $ 6,970 $ 7,387