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Revenue from Contracts with Customers (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The Company’s revenues and other income for each of the three year presented were as follows.
|  | Years Ended December 31,
(Thousands of dollars) |  | 2023 |  | 2022 |  | 2021
Net crude oil and condensate revenue |  |  |  |  |
United States | Onshore | $ | 676,139 |  |  | $ | 856,219 |  |  | $ | 626,136 |
| Offshore 1 | 2,072,353 |  |  | 2,229,658 |  |  | 1,478,993 |
Canada | Onshore | 78,088 |  |  | 131,400 |  |  | 119,799 |
| Offshore | 78,650 |  |  | 117,747 |  |  | 92,741 |
Other |  | 11,022 |  |  | 22,824 |  |  | 4,924 |
Total crude oil and condensate revenue | 2,916,252 |  |  | 3,357,848 |  |  | 2,322,593 |
Net natural gas liquids revenue |  |  |  |  |
United States | Onshore | 33,178 |  |  | 64,015 |  |  | 50,189 |
| Offshore 1 | 47,434 |  |  | 60,424 |  |  | 44,411 |
Canada | Onshore | 8,914 |  |  | 18,338 |  |  | 16,375 |
Total natural gas liquids revenue | 89,526 |  |  | 142,777 |  |  | 110,975 |
Net natural gas revenue |  |  |  |  |
United States | Onshore | 21,346 |  |  | 64,037 |  |  | 39,803 |
| Offshore 1 | 71,332 |  |  | 161,160 |  |  | 81,944 |
Canada | Onshore | 278,183 |  |  | 312,629 |  |  | 245,900 |
Total natural gas revenue | 370,861 |  |  | 537,826 |  |  | 367,647 |
Revenue from production | 3,376,639 |  |  | 4,038,451 |  |  | 2,801,215 |
Sales of purchased natural gas |  |  |  |  |
United States | Offshore | – |  |  | 204 |  |  | – |
Canada | Onshore | 72,215 |  |  | 181,485 |  |  | – |
Total sales of purchased natural gas | 72,215 |  |  | 181,689 |  |  | – |
Total revenue from sales to customers | 3,448,854 |  |  | 4,220,140 |  |  | 2,801,215 |
(Loss) gain on crude contracts | – |  |  | (320,410) |  |  | (525,850) |
Gain on sale of assets and other income | 11,293 |  |  | 32,932 |  |  | 23,916 |
Total revenue and other income | $ | 3,460,147 |  |  | $ | 3,932,662 |  |  | $ | 2,299,281 |
1 Includes revenue attributable to noncontrolling interest in MP GOM.
Schedule of Current Long-Term Contracts Outstanding | As of December 31, 2023, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period over 12 months starting at the inception of the contract:
Long-Term Contracts Outstanding at December 31, 2023
Location |  | Commodity |  | End Date |  | Description |  | Approximate Volumes
U.S. |  | Natural Gas and NGL |  | Q1 2030 |  | Deliveries from dedicated acreage in Eagle Ford |  | As produced
Canada |  | Natural Gas |  | Q4 2025 |  | Contracts to sell natural gas at USD index pricing |  | 25 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 pricing |  | 124 MMCFD
Canada |  | Natural Gas |  | Q4 2024 |  | Contracts to sell natural gas at USD fixed pricing |  | 25 MMCFD
Canada |  | Natural Gas |  | Q4 2024 |  | Contracts to sell natural gas at CAD index pricing |  | 28 MMCFD
Canada |  | Natural Gas |  | Q4 2026 |  | Contracts to sell natural gas at USD index pricing |  | 49 MMCFD
Canada |  | Natural Gas |  | Q4 2027 |  | Contracts to sell natural gas at USD index pricing |  | 30 MMCFD
Canada |  | Natural Gas |  | Q4 2028 |  | Contracts to sell natural gas at USD index pricing |  | 10 MMCFD

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- 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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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 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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