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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | For the three-month and six-month periods ended June 30, 2021, the Company recognized $758.8 million and $1,351.4 million, respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas. For the three-month and six-month periods ended June 30, 2020, the Company recognized $285.7 million and $886.3 million, respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas.
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(Thousands of dollars) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Net crude oil and condensate revenue |  |  |  |  |  |  |
United States | Onshore | $ | 183,267 |  |  | 54,550 |  |  | 297,757 |  |  | 185,786 |
| Offshore | 411,076 |  |  | 150,253 |  |  | 739,417 |  |  | 497,225 |
Canada | Onshore | 30,695 |  |  | 11,527 |  |  | 60,598 |  |  | 34,910 |
| Offshore | 31,772 |  |  | 11,077 |  |  | 49,834 |  |  | 35,691 |
Other |  | — |  |  | (58) |  |  | — |  |  | 1,806 |
Total crude oil and condensate revenue | 656,810 |  |  | 227,349 |  |  | 1,147,606 |  |  | 755,418 |
Net natural gas liquids revenue |  |  |  |  |  |  |
United States | Onshore | 9,596 |  |  | 3,876 |  |  | 17,124 |  |  | 9,379 |
| Offshore | 10,766 |  |  | 3,464 |  |  | 20,820 |  |  | 8,490 |
Canada | Onshore | 3,240 |  |  | 1,276 |  |  | 7,227 |  |  | 3,310 |
Total natural gas liquids revenue | 23,602 |  |  | 8,616 |  |  | 45,171 |  |  | 21,179 |
Net natural gas revenue |  |  |  |  |  |  |
United States | Onshore | 6,872 |  |  | 4,090 |  |  | 13,315 |  |  | 9,648 |
| Offshore | 17,273 |  |  | 10,665 |  |  | 39,411 |  |  | 25,660 |
Canada | Onshore | 54,272 |  |  | 35,025 |  |  | 105,853 |  |  | 74,398 |
Total natural gas revenue | 78,417 |  |  | 49,780 |  |  | 158,579 |  |  | 109,706 |
Total revenue from contracts with customers | 758,829 |  |  | 285,745 |  |  | 1,351,356 |  |  | 886,303 |
(Loss) gain on crude contracts | (226,245) |  |  | (75,880) |  |  | (440,630) |  |  | 324,792 |
Gain on sale of assets and other income | 17,059 |  |  | 1,677 |  |  | 18,902 |  |  | 4,175 |
Total revenue and other income | $ | 549,643 |  |  | 211,542 |  |  | 929,628 |  |  | 1,215,270 |
Current Long-Term Contracts Outstanding | As of June 30, 2021, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period of more than 12 months starting at the inception of the contract:
Current Long-Term Contracts Outstanding at June 30, 2021
Location |  | Commodity |  | End Date |  | Description |  | Approximate Volumes
U.S. |  | Oil |  | Q4 2021 |  | Fixed quantity delivery in Eagle Ford |  | 17,000 BOED
U.S. |  | Natural Gas and NGL |  | Q1 2023 |  | Deliveries from dedicated acreage in Eagle Ford |  | As produced
Canada |  | Natural Gas |  | Q4 2021 |  | Contracts to sell natural gas at USD index pricing |  | 10 MMCFD
Canada |  | Natural Gas |  | Q4 2022 |  | Contracts to sell natural gas at USD index pricing |  | 8 MMCFD
Canada |  | Natural Gas |  | Q4 2022 |  | Contracts to sell natural gas at CAD fixed prices |  | 5 MMCFD
Canada |  | Natural Gas |  | Q4 2022 |  | Contracts to sell natural gas at USD fixed pricing |  | 20 MMCFD
Canada |  | Natural Gas |  | Q4 2023 | 1 | Contracts to sell natural gas at USD index pricing |  | 25 MMCFD
Canada |  | Natural Gas |  | Q4 2023 | 1 | Contracts to sell natural gas at CAD fixed prices |  | 38 MMCFD
Canada |  | Natural Gas |  | Q4 2024 |  | Contracts to sell natural gas at USD index pricing |  | 31 MMCFD
Canada |  | Natural Gas |  | Q4 2024 |  | Contracts to sell natural gas at CAD fixed prices |  | 100 MMCFD
Canada |  | Natural Gas |  | Q4 2024 | 1 | Contracts to sell natural gas at CAD fixed prices |  | 34 MMCFD
Canada |  | Natural Gas |  | Q4 2024 |  | Contracts to sell natural gas at USD fixed pricing |  | 15 MMCFD
Canada |  | Natural Gas |  | Q4 2026 | 1 | Contracts to sell natural gas at USD index pricing |  | 49 MMCFD
Canada |  | NGL |  | Q3 2023 |  | Contracts to sell natural gas liquids at various CAD pricing |  | 952 BOED
1 These contracts are scheduled to commence after the balance sheet date, at various dates between Q4 2021 and Q1 2022.

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- 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=123351226&loc=SL49130556-203045 + Details
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