XML 58 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Revenues associated with contracts with customers for crude oil, natural gas and NGL sales were as follows for the years ended December 31, 2019, 2018 and 2017:

Exploration and Production Revenues
															Year Ended December 31,
															2019						2018						2017
															(In thousands)
Crude oil revenues															$	1,261,413					$	1,425,409					$	912,806
Purchased crude oil sales															401,554						540,633						132,331
Natural gas and NGL revenues															147,358						164,615						121,828
Purchased natural gas sales															7,207						6,078						1,211
Total exploration and production revenues															$	1,817,532					$	2,136,735					$	1,168,176

Revenues associated with contracts with customers for midstream services were as follows for the years ended December 31, 2019, 2018 and 2017:

Midstream Revenues(1)
															Year Ended December 31,
															2019						2018						2017
															(In thousands)
Midstream service revenues
Crude oil and natural gas revenues															$	95,399					$	73,028					$	37,369
Produced and flowback water revenues															40,534						37,791						30,727
Total midstream service revenues															$	135,933					$	110,819					$	68,096
Midstream product revenues
Purchased crude oil sales															$	30					$	3,633					$	—
Natural gas and NGL revenues															70,746						1,464						—
Freshwater revenues															5,529						8,221						4,656
Total midstream product revenues															$	76,305					$	13,318					$	4,656
Total midstream revenues															$	212,238					$	124,137					$	72,752

__________________

(1)Represents midstream revenues excluding all intercompany revenues for work performed by the midstream services business segment for the Company’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 years ended December 31, 2019, 2018 and 2017:

Well Services Revenues(1)
															Year Ended December 31,
															2019						2018						2017
															(In thousands)
Hydraulic fracturing revenues															$	39,112					$	56,620					$	49,266
Equipment rental revenues															2,862						4,455						3,525
Total well services revenues															$	41,974					$	61,075					$	52,791

__________________

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

Change in Company's Contract Liabilities

The following table reflects the changes in the Company’s contract liabilities during the year ended December 31, 2019:

			(In thousands)
Balance as of December 31, 2018			$	—
Cash received			2,174
Revenues recognized			(69)
Balance as of December 31, 2019			$	2,105

Estimated Revenue Satisfaction Period Related to Remaining Performance Obligations

The following table presents estimated revenue allocated to remaining performance obligations for contracted revenues that are unsatisfied (or partially satisfied) as of December 31, 2019:

			(In thousands)
2020			$	18,452
2021			20,203
2022			19,244
2023			12,642
2024			11,870
Thereafter			2,768
Total			$	85,179

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
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

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
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