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Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

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)
Three months ended June 30, 2019:
Revenues from non-affiliates			$	466,365					$	51,601					$	11,439					$	—					$	529,405
Inter-segment revenues			—						67,844						27,842						(95,686)						—
Total revenues			466,365						119,445						39,281						(95,686)						529,405
Operating income			18,895						55,216						1,487						(4,026)						71,572
Other income (expense), net			(3,970)						(4,200)						12						—						(8,158)
Income before income taxes including non-controlling interests			$	14,925					$	51,016					$	1,499					$	(4,026)					$	63,414
General and administrative			$	25,761					$	7,980					$	6,088					$	(8,903)					$	30,926
Equity-based compensation			8,522						515						527						(653)						8,911
Three months ended June 30, 2018:
Revenues from non-affiliates			$	525,557					$	29,698					$	18,496					$	—					$	573,751
Inter-segment revenues			—						39,710						41,418						(81,128)						—
Total revenues			525,557						69,408						59,914						(81,128)						573,751
Operating income (loss)			(280,090)						37,894						8,028						(8,506)						(242,674)
Other income (expense), net			(174,572)						(79)						23						—						(174,628)
Income (loss) before income taxes including non-controlling interests			$	(454,662)					$	37,815					$	8,051					$	(8,506)					$	(417,302)
General and administrative			$	23,492					$	6,079					$	5,756					$	(7,097)					$	28,230
Equity-based compensation			7,012						409						409						(454)						7,376

Six months ended June 30, 2019:
Revenues from non-affiliates			$	983,618					$	99,622					$	21,897					$	—					$	1,105,137
Inter-segment revenues			—						126,405						50,015						(176,420)						—
Total revenues			983,618						226,027						71,912						(176,420)						1,105,137
Operating income			20,819						105,022						2,302						(6,127)						122,016
Other income (expense), net			(162,352)						(7,948)						17						—						(170,283)
Income (loss) before income taxes including non-controlling interests			$	(141,533)					$	97,074					$	2,319					$	(6,127)					$	(48,267)
General and administrative			$	53,288					$	16,841					$	13,549					$	(18,293)					$	65,385
Equity-based compensation			17,102						980						1,088						(1,246)						17,924
Six months ended June 30, 2018:
Revenues from non-affiliates			$	959,861					$	57,620					$	30,082					$	—					$	1,047,563
Inter-segment revenues			—						76,350						74,721						(151,071)						—
Total revenues			959,861						133,970						104,803						(151,071)						1,047,563
Operating income (loss)			(200,130)						70,132						16,178						(15,869)						(129,689)
Other expense, net			(282,717)						(336)						(20)						—						(283,073)
Income (loss) before income taxes including non-controlling interests			$	(482,847)					$	69,796					$	16,158					$	(15,869)					$	(412,762)
General and administrative			$	46,971					$	12,493					$	11,647					$	(14,941)					$	56,170
Equity-based compensation			13,463						780						795						(908)						14,130
At June 30, 2019:
Property, plant and equipment, net			$	6,336,438					$	1,024,625					$	30,792					$	(222,741)					$	7,169,114
Total assets(1)			6,804,705						1,057,033						36,292						(187,742)						7,710,288
At December 31, 2018:
Property, plant and equipment, net			$	6,311,566					$	893,285					$	38,871					$	(216,613)					$	7,027,109
Total assets(1)			6,838,987						920,619						48,150						(181,614)						7,626,142

___________________

(1)Intercompany receivables (payables) for all segments were reclassified to capital contributions from (distributions to) parent and not included in total assets.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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