XML 41 R29.htm IDEA: XBRL DOCUMENT v3.19.2

Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2019

Disaggregation of Revenue [Line Items]

Remaining Performance Obligation Expected Satisfaction Period

The following table presents estimated revenue allocated to remaining performance obligations for contracted revenues that are unsatisfied (or partially satisfied) as of June 30, 2019:

			(In thousands)
2019 (excluding the six months ended June 30, 2019)			$	11,189
2020			24,183
2021			27,035
2022			19,262
2023			12,642
Thereafter			14,642
Total			$	108,953

Exploration and Production Revenues

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Revenues associated with contracts with customers for crude oil, natural gas and natural gas liquids (“NGL”) sales were as follows for the three and six months ended June 30, 2019 and 2018:

Exploration and Production Revenues
			Three Months Ended June 30,																		Six Months Ended June 30,
			2019						2018						2019						2018
			(In thousands)
Crude oil revenues			$	327,977					$	363,182					$	646,098					$	689,492
Purchased crude oil sales			106,441						127,212						253,577						194,872
Natural gas revenues			9,734						23,059						41,330						50,021
Purchased natural gas sales			2,920						496						4,255						545
NGL revenues			19,293						11,608						38,358						24,931
Total exploration and production revenues			$	466,365					$	525,557					$	983,618					$	959,861

Midstream Services

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Revenues associated with contracts with customers for midstream services under fee-based arrangements and midstream product sales from purchase arrangements were as follows for the three and six months ended June 30, 2019 and 2018:

Midstream Revenues(1)
			Three Months Ended June 30,																		Six Months Ended June 30,
			2019						2018						2019						2018
			(In thousands)
Midstream service revenues
Crude oil and natural gas revenues			$	22,875					$	17,907					$	47,538					$	35,936
Produced and flowback water revenues			9,473						9,058						18,506						17,934
Total midstream service revenues			$	32,348					$	26,965					$	66,044					$	53,870
Midstream product revenues
Purchased crude oil sales			$	28					$	356					$	28					$	356
Natural gas and NGL revenues			17,319						—						30,116						—
Freshwater revenues			1,906						2,377						3,434						3,394
Total midstream product revenues			$	19,253					$	2,733					$	33,578					$	3,750
Total midstream revenues			$	51,601					$	29,698					$	99,622					$	57,620

__________________

(1)Represents midstream revenues, excluding all intercompany revenues for work performed by the midstream services business segment for the Company’s ownership interests that are eliminated in consolidation and are therefore not included in consolidated midstream services revenues.

Well Services

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Revenues associated with contracts with customers for well services were as follows for the three and six months ended June 30, 2019 and 2018:

Well Services Revenues(1)
			Three Months Ended June 30,																		Six Months Ended June 30,
			2019						2018						2019						2018
			(In thousands)
Hydraulic fracturing revenues			$	10,628					$	17,390					$	20,403					$	27,816
Equipment rental revenues			811						1,106						1,494						2,266
Total well services revenues			$	11,439					$	18,496					$	21,897					$	30,082

__________________

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

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DisaggregationOfRevenueLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130556-203045

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=oas_ExplorationAndProductionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=oas_MidstreamServicesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementBusinessSegmentsAxis=oas_WellServicingMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: