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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2011
Commitments and Contingencies  
Schedule of minimum required payments for lease agreements and unconditional purchase obligations

 

 

Year Ending
December 31,
  Operating
Leases
  Unconditional
Purchase Obligations(1)
 
 
  (in thousands)
 

2012

  $ 8,793   $ 102,164  

2013

    8,022     101,164  

2014

    6,076     101,244  

2015

    4,566     93,819  

2016

    3,776     94,155  

Thereafter

    8,332     411,408  
           

 

  $ 39,565   $ 903,954  
           

  • (1)
    This amount includes approximately $500.9 million payable ratably over ten years pursuant to petroleum transportation service agreements between CRRM and TransCanada Keystone Pipeline, LP ("TransCanada"). Under the agreements, CRRM would receive transportation of at least 25,000 barrels per day of crude oil with a delivery point at Cushing, Oklahoma for a term of ten years on TransCanada's Keystone pipeline system. CRRM began receiving crude oil under the agreements in the first quarter of 2011.
Schedule of accrual for environmental loss contingencies

 

 

Year Ending December 31,
  Amount  
 
  (in thousands)
 

2012

  $ 493  

2013

    166  

2014

    166  

2015

    166  

2016

    109  

Thereafter

    1,077  
       

Undiscounted total

    2,177  

Less amounts representing interest at 1.69%

    225  
       

Accrued environmental liabilities at December 31, 2011

  $ 1,952