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Business Segment Information
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
As of June 30, 2020, the Company had two reportable segments: exploration and production and midstream. In conjunction with the Well Services Exit during the first quarter of 2020, the Company eliminated its well services segment and reported the remaining services performed by OWS within its exploration and production segment. Prior to the Well Services Exit, the Company had three reportable segments: exploration and production, midstream and well services. To conform to the current period reportable segments presentation, the prior periods have been restated to reflect the change in reportable segments.
The Company’s exploration and production segment is engaged in the acquisition and development of oil and gas properties. Revenues for the exploration and production segment are primarily derived from the sale of crude oil and natural gas production.
The Company’s midstream business segment performs midstream services including: (i) natural gas gathering, compression, processing, gas lift and NGL storage services; (ii) crude oil gathering, stabilization, blending, storage and transportation services; (iii) produced and flowback water gathering and disposal services; and (iv) freshwater supply and distribution services. Revenues for the midstream segment are primarily derived from performing these midstream services to support the exploration and production operations of the Company as well as third-party producers. The revenues and expenses related to work performed by the midstream segment for the Company’s ownership interests are eliminated in consolidation, and only the revenues and expenses related to non-affiliated interest owners are included in the Company’s Condensed Consolidated Statements of Operations.
The Company’s corporate activities have been allocated to the supported business segments accordingly. Management evaluates the performance of the Company’s business segments based on operating income (loss), which is defined as segment operating revenues less operating expenses, including depreciation, depletion and amortization.
The following table summarizes financial information for the Company’s two business segments for the periods presented:
Exploration and
Production		MidstreamEliminationsConsolidated
 (In thousands)
Three months ended June 30, 2020:
Revenues from non-affiliates$121,826  $44,526  $—  $166,352  
Inter-segment revenues—  37,195  (37,195) —  
Total revenues121,826  81,721  (37,195) 166,352  
Operating income (loss)(40,901) 30,620  (943) (11,224) 
Other expense, net(75,465) (5,273) —  (80,738) 
Income (loss) before income taxes including non-controlling interests$(116,366) $25,347  $(943) $(91,962) 
General and administrative expenses$32,290  $9,304  $(4,151) $37,443  
Equity-based compensation expenses4,811  203  (124) 4,890  
 
Three months ended June 30, 2019:
Revenues from non-affiliates$477,804  $51,601  $—  $529,405  
Inter-segment revenues—  67,844  (67,844) —  
Total revenues477,804  119,445  (67,844) 529,405  
Operating income19,457  55,216  (3,101) 71,572  
Other expense, net(3,958) (4,200) —  (8,158) 
Income before income taxes including non-controlling interests$15,499  $51,016  $(3,101) $63,414  
General and administrative expenses$27,572  $7,980  $(4,626) $30,926  
Equity-based compensation expenses8,681  515  (285) 8,911  
 
Six months ended June 30, 2020:
Revenues from non-affiliates$453,213  $100,937  $—  $554,150  
Inter-segment revenues—  105,739  (105,739) —  
Total revenues453,213  206,676  (105,739) 554,150  
Operating loss(4,858,156) (11,606) (3,990) (4,873,752) 
Other income (expense), net228,533  (35,756) —  192,777  
Loss before income taxes including non-controlling interests$(4,629,623) $(47,362) $(3,990) $(4,680,975) 
General and administrative expenses$58,963  $17,906  $(8,252) $68,617  
Equity-based compensation expenses11,407  631  (341) 11,697  
Six months ended June 30, 2019:
Revenues from non-affiliates$1,005,515  $99,622  $—  $1,105,137  
Inter-segment revenues—  126,405  (126,405) —  
Total revenues1,005,515  226,027  (126,405) 1,105,137  
Operating income21,795  105,022  (4,801) 122,016  
Other expense, net(162,335) (7,948) —  (170,283) 
Income (loss) before income taxes including non-controlling interests$(140,540) $97,074  $(4,801) $(48,267) 
General and administrative expenses$57,391  $16,841  $(8,847) $65,385  
Equity-based compensation expenses17,436  980  (492) 17,924  
At June 30, 2020:
Property, plant and equipment, net$1,219,119  $976,463  $(43,392) $2,152,190  
Total assets(1)
1,610,466  1,058,552  (43,392) 2,625,626  
At December 31, 2019:
Property, plant and equipment, net$5,939,389  $1,078,903  $(40,516) $6,977,776  
Total assets(1)
6,418,610  1,121,159  (40,516) 7,499,253  
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(1)Intercompany receivables (payables) for all segments were reclassified to capital contributions from (distributions to) parent and not included in total assets.