Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Statements of Operations) (Details)

v3.19.2
CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:            
Total revenues $ 458,994   $ 252,740   $ 779,572 $ 578,132
Costs and expenses:            
Lease operating expenses 22,388   22,912   42,195 41,818
Production taxes 8,098   7,659   16,019 14,513
Midstream gathering and processing expenses 72,015   71,440   142,297 135,633
Depreciation, depletion and amortization 124,951   121,915   243,384 232,933
General and administrative expenses 13,265   14,008   24,823 27,107
Accretion expense 1,359   1,015   2,426 2,019
Total costs and expenses 242,076   238,949   471,144 454,023
INCOME (LOSS) FROM OPERATIONS 216,918   13,791   308,428 124,109
OTHER EXPENSE (INCOME):            
Interest expense 34,880   33,704   69,000 67,669
Interest income (159)   (33)   (311) (70)
Insurance proceeds (83)   (231)   (83) (231)
Gain on sale of equity method investments 0   (122,035)   0 (122,035)
(Income) loss from equity method investments and investments in subsidiaries 125,582   (8,888)   121,309 (22,424)
Other expense (income) 1,073   (45)   646 (140)
Total other (income) expense 161,293   (97,528)   190,561 (77,231)
INCOME (LOSS) BEFORE INCOME TAXES 55,625   111,319   117,867 201,340
INCOME TAX BENEFIT (179,331)   0   (179,331) (69)
NET INCOME (LOSS) 234,956 $ 62,242 111,319 $ 90,090 297,198 201,409
Parent            
OTHER EXPENSE (INCOME):            
Insurance proceeds (83)       (83)  
Guarantors            
OTHER EXPENSE (INCOME):            
Insurance proceeds 0       0  
Non-Guarantors            
OTHER EXPENSE (INCOME):            
Insurance proceeds 0       0  
Reportable legal entities | Parent            
Revenues:            
Total revenues 280,291   146,774   466,537 360,335
Costs and expenses:            
Lease operating expenses 12,256   16,593   27,149 30,424
Production taxes 2,820   4,793   6,081 8,804
Midstream gathering and processing expenses 28,121   52,542   71,420 98,208
Depreciation, depletion and amortization 80,132   121,915   198,564 232,932
General and administrative expenses 16,745   14,975   28,977 28,786
Accretion expense 438   795   1,389 1,585
Total costs and expenses 140,512   211,613   333,580 400,739
INCOME (LOSS) FROM OPERATIONS 139,779   (64,839)   132,957 (40,404)
OTHER EXPENSE (INCOME):            
Interest expense 35,835   34,663   70,259 69,056
Interest income (120)   (27)   (267) (58)
Insurance proceeds     (231)     (231)
Gain on sale of equity method investments     (25,616)     (25,616)
(Income) loss from equity method investments and investments in subsidiaries 47,449   (183,901)   (55,465) (283,765)
Other expense (income) 1,073   (1,046)   646 (1,130)
Total other (income) expense 84,154   (176,158)   15,090 (241,744)
INCOME (LOSS) BEFORE INCOME TAXES 55,625   111,319   117,867 201,340
INCOME TAX BENEFIT (179,331)   0   (179,331) (69)
NET INCOME (LOSS) 234,956   111,319   297,198 201,409
Reportable legal entities | Guarantors            
Revenues:            
Total revenues 178,703   105,966   313,035 217,797
Costs and expenses:            
Lease operating expenses 10,132   6,319   15,046 11,394
Production taxes 5,278   2,866   9,938 5,709
Midstream gathering and processing expenses 43,894   18,898   70,877 37,425
Depreciation, depletion and amortization 44,764   0   44,765 1
General and administrative expenses (3,583)   (968)   (4,258) (1,681)
Accretion expense 921   220   1,037 434
Total costs and expenses 101,406   27,335   137,405 53,282
INCOME (LOSS) FROM OPERATIONS 77,297   78,631   175,630 164,515
OTHER EXPENSE (INCOME):            
Interest expense (955)   (959)   (1,259) (1,387)
Interest income (39)   (6)   (44) (12)
Insurance proceeds     0     0
Gain on sale of equity method investments     (96,419)     (96,419)
(Income) loss from equity method investments and investments in subsidiaries 0   (336)   0 (693)
Other expense (income) 0   1   0 (10)
Total other (income) expense (994)   (97,719)   (1,303) (98,521)
INCOME (LOSS) BEFORE INCOME TAXES 78,291   176,350   176,933 263,036
INCOME TAX BENEFIT 0   0   0 0
NET INCOME (LOSS) 78,291   176,350   176,933 263,036
Reportable legal entities | Non-Guarantors            
Revenues:            
Total revenues 0   0   0 0
Costs and expenses:            
Lease operating expenses 0   0   0 0
Production taxes 0   0   0 0
Midstream gathering and processing expenses 0   0   0 0
Depreciation, depletion and amortization 55   0   55 0
General and administrative expenses 103   1   104 2
Accretion expense 0   0   0 0
Total costs and expenses 158   1   159 2
INCOME (LOSS) FROM OPERATIONS (158)   (1)   (159) (2)
OTHER EXPENSE (INCOME):            
Interest expense 0   0   0 0
Interest income 0   0   0 0
Insurance proceeds     0     0
Gain on sale of equity method investments     0     0
(Income) loss from equity method investments and investments in subsidiaries (54)   228   339 558
Other expense (income) 0   0   0 0
Total other (income) expense (54)   228   339 558
INCOME (LOSS) BEFORE INCOME TAXES (104)   (229)   (498) (560)
INCOME TAX BENEFIT 0   0   0 0
NET INCOME (LOSS) (104)   (229)   (498) (560)
Eliminations            
Revenues:            
Total revenues 0   0   0 0
Costs and expenses:            
Lease operating expenses 0   0   0 0
Production taxes 0   0   0 0
Midstream gathering and processing expenses 0   0   0 0
Depreciation, depletion and amortization 0   0   0 0
General and administrative expenses 0   0   0 0
Accretion expense 0   0   0 0
Total costs and expenses 0   0   0 0
INCOME (LOSS) FROM OPERATIONS 0   0   0 0
OTHER EXPENSE (INCOME):            
Interest expense 0   0   0 0
Interest income 0   0   0 0
Insurance proceeds 0   0   0 0
Gain on sale of equity method investments     0     0
(Income) loss from equity method investments and investments in subsidiaries 78,187   175,121   176,435 261,476
Other expense (income) 0   1,000   0 1,000
Total other (income) expense 78,187   176,121   176,435 262,476
INCOME (LOSS) BEFORE INCOME TAXES (78,187)   (176,121)   (176,435) (262,476)
INCOME TAX BENEFIT 0   0   0 0
NET INCOME (LOSS) $ (78,187)   $ (176,121)   $ (176,435) $ (262,476)