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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2020
Nov. 19, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues        
Total revenues $ 119,915 $ 963,419 $ 2,071,744 $ 2,321,947
Operating expenses        
Lease operating expenses 17,841 118,372 223,384 193,912
Gathering, processing and transportation expenses 9,124 85,896 128,806 107,193
Production taxes 5,938 45,439 112,592 133,696
Depreciation, depletion and amortization 16,094 291,115 787,192 636,296
Impairment 0 4,937,143 10,257 384,228
General and administrative expenses 14,224 145,294 123,506 121,346
Litigation settlement 0 22,750 20,000 0
Total operating expenses 81,150 5,885,574 1,912,866 2,231,522
Gain (loss) on sale of properties 11 10,396 (4,455) 28,587
Operating income (loss) 38,776 (4,911,759) 154,423 119,012
Other income (expense)        
Net gain (loss) on derivative instruments (84,615) 233,565 (106,314) 28,457
Interest expense, net of capitalized interest (3,168) (181,484) (176,223) (159,085)
Gain (loss) on extinguishment of debt 0 83,867 4,312 (13,848)
Reorganization items, net 0 786,831 0 0
Other income (expense) (402) 1,407 440 121
Total other income (expense), net (88,185) 924,186 (277,785) (144,355)
Loss before income taxes (49,409) (3,987,573) (123,362) (25,343)
Income tax benefit 3,447 262,962 32,715 5,843
Net loss including non-controlling interests (45,962) (3,724,611) (90,647) (19,500)
Less: Net income (loss) attributable to non-controlling interests 3,950 (84,283) 37,596 15,796
Net loss attributable to Oasis $ (49,912) $ (3,640,328) $ (128,243) $ (35,296)
Loss attributable to Oasis per share:        
Basic (in dollars per share) $ (2.50) $ (11.46) $ (0.41) $ (0.11)
Diluted (in dollars per share) $ (2.50) $ (11.46) $ (0.41) $ (0.11)
Weighted average shares outstanding:        
Basic (in shares) 19,991 317,644 315,002 307,480
Diluted (in shares) 19,991 317,644 315,002 307,480
Oil and gas        
Revenues        
Total revenues $ 86,442 $ 603,585 $ 1,408,771 $ 1,590,024
Operating expenses        
Exploration expenses 0 2,748 6,658 27,432
Rig termination 0 1,279 384 0
Purchased oil and gas        
Revenues        
Total revenues 7,227 186,367 408,791 550,344
Operating expenses        
Operating expenses 7,357 185,893 409,180 553,461
Midstream        
Revenues        
Total revenues 26,031 166,631 212,208 120,504
Operating expenses        
Operating expenses 10,572 42,987 62,146 32,758
Well Servicing        
Revenues        
Total revenues 215 6,836 41,974 61,075
Operating expenses        
Operating expenses $ 0 $ 6,658 $ 28,761 $ 41,200