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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 77,408 $ 20,019
Accounts receivable, net 201,514 371,181
Inventory 36,920 35,259
Prepaid expenses 15,901 10,011
Derivative instruments 85,425 535
Other current assets 1,667 346
Total current assets 418,835 437,351
Property, plant and equipment    
Oil and gas properties (successful efforts method) 9,358,710 9,463,038
Other property and equipment 1,314,870 1,279,653
Less: accumulated depreciation, depletion, amortization and impairment (8,521,390) (3,764,915)
Total property, plant and equipment, net 2,152,190 6,977,776
Assets held for sale, net 1,380 21,628
Derivative instruments 0 639
Long-term inventory 14,173 13,924
Operating right-of-use assets 15,232 18,497
Other assets 23,816 29,438
Total assets 2,625,626 7,499,253
Current liabilities    
Accounts payable 5,131 17,948
Revenues and production taxes payable 110,791 233,090
Accrued liabilities 143,263 281,079
Accrued interest payable 92,963 37,388
Derivative instruments 0 19,695
Advances from joint interest partners 4,284 4,598
Current operating lease liabilities 3,435 6,182
Other current liabilities 1,486 2,903
Total current liabilities 361,353 602,883
Long-term debt 2,761,673 2,711,573
Deferred income taxes 10,042 267,357
Asset retirement obligations 58,294 56,305
Derivative instruments 0 120
Operating lease liabilities 17,109 17,915
Other liabilities 7,066 6,019
Total liabilities 3,215,537 3,662,172
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value: 900,000,000 shares authorized; 325,144,949 shares issued and 320,984,071 shares outstanding at June 30, 2020 and 324,198,057 shares issued and 321,231,319 shares outstanding at December 31, 2019 4,239 3,189
Treasury stock, at cost: 4,160,878 and 2,966,738 shares at June 30, 2020 and December 31, 2019, respectively (36,507) (33,881)
Additional paid-in capital 3,122,912 3,112,384
Retained earnings (accumulated deficit) (3,849,768) 554,446
Oasis share of stockholders’ equity (deficit) (759,124) 3,636,138
Non-controlling interests 169,213 200,943
Total stockholders’ equity (deficit) (589,911) 3,837,081
Total liabilities and stockholders’ equity (deficit) $ 2,625,626 $ 7,499,253