Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES:                
Total revenues $ 136,176     $ 341,746     $ 621,815 $ 1,226,658
Costs and expenses:                
Lease operating expenses 15,274     22,473     46,946 64,668
Production taxes 4,028     6,565     12,432 22,584
Midstream gathering and processing expenses 110,567     135,006     334,789 382,643
Depreciation, depletion and amortization 51,551     163,270     194,369 406,654
Impairment of oil and natural gas properties 270,874     571,442     1,357,099 571,442
General and administrative expenses 20,524     13,198     46,546 34,982
Restructuring and liability management 8,984     0     9,601 0
Accretion expense 774     747     2,270 3,173
Total Operating Expenses 482,576     912,701     2,004,052 1,486,146
LOSS FROM OPERATIONS (346,400)     (570,955)     (1,382,237) (259,488)
OTHER EXPENSE (INCOME):                
Interest expense 34,321     35,556     99,677 107,595
Interest income (52)     (338)     (282) (649)
Gain on debt extinguishment 0     (23,600)     (49,579) (23,600)
Loss from equity method investments and investments in subsidiaries 153     43,082     10,987 164,391
Other (income) expense 141     3,194     9,239 3,757
Total Other Expense 34,563     57,894     70,042 251,494
LOSS BEFORE INCOME TAXES (380,963)     (628,849)     (1,452,279) (510,982)
INCOME TAX EXPENSE 0     (144,047)     7,290 (323,378)
NET LOSS (380,963) $ (561,068) $ (517,538) (484,802) $ 234,956 $ 62,242 (1,459,569) (187,604)
Reportable Legal Entities | Parent                
REVENUES:                
Total revenues (53,823)     27,358     71,415 493,895
Costs and expenses:                
Lease operating expenses (157)     (231)     (157) 26,918
Production taxes 0     36     0 6,117
Midstream gathering and processing expenses 0     0     0 71,420
Depreciation, depletion and amortization 2,265     2,686     7,155 201,250
Impairment of oil and natural gas properties 0     0     0 0
General and administrative expenses 29,454     25,757     75,214 51,695
Restructuring and liability management 8,984           9,601  
Accretion expense 0     0     0 1,389
Total Operating Expenses 40,546     28,248     91,813 358,789
LOSS FROM OPERATIONS (94,369)     (890)     (20,398) 135,106
OTHER EXPENSE (INCOME):                
Interest expense 34,488     36,566     100,490 109,864
Interest income (16)     (187)     (103) (454)
Gain on debt extinguishment       (23,600)     (49,579) (23,600)
Loss from equity method investments and investments in subsidiaries 251,951     616,348     1,377,819 560,883
Other (income) expense 172     (1,168)     3,255 (605)
Total Other Expense 286,595     627,959     1,431,882 646,088
LOSS BEFORE INCOME TAXES (380,964)     (628,849)     (1,452,280) (510,982)
INCOME TAX EXPENSE 0     (144,047)     7,290 (323,378)
NET LOSS (380,964)     (484,802)     (1,459,570) (187,604)
Reportable Legal Entities | Guarantors                
REVENUES:                
Total revenues 189,999     314,388     550,400 732,763
Costs and expenses:                
Lease operating expenses 15,431     22,704     47,103 37,750
Production taxes 4,028     6,529     12,432 16,467
Midstream gathering and processing expenses 110,567     135,006     334,789 311,223
Depreciation, depletion and amortization 49,120     160,418     186,716 205,183
Impairment of oil and natural gas properties 270,874     571,442     1,357,099 571,442
General and administrative expenses (9,098)     (12,675)     (29,122) (16,933)
Restructuring and liability management 0           0  
Accretion expense 774     747     2,270 1,784
Total Operating Expenses 441,696     884,171     1,911,287 1,126,916
LOSS FROM OPERATIONS (251,697)     (569,783)     (1,360,887) (394,153)
OTHER EXPENSE (INCOME):                
Interest expense (167)     (1,010)     (813) (2,269)
Interest income (36)     (151)     (179) (195)
Gain on debt extinguishment       0     0 0
Loss from equity method investments and investments in subsidiaries 0     0     0 0
Other (income) expense (31)     3,362     5,984 3,362
Total Other Expense (234)     2,201     4,992 898
LOSS BEFORE INCOME TAXES (251,463)     (571,984)     (1,365,879) (395,051)
INCOME TAX EXPENSE 0     0     0 0
NET LOSS (251,463)     (571,984)     (1,365,879) (395,051)
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 166     166     498 221
Impairment of oil and natural gas properties 0     0     0 0
General and administrative expenses 168     116     454 220
Restructuring and liability management 0           0  
Accretion expense 0     0     0 0
Total Operating Expenses 334     282     952 441
LOSS FROM OPERATIONS (334)     (282)     (952) (441)
OTHER EXPENSE (INCOME):                
Interest expense 0     0     0 0
Interest income 0     0     0 0
Gain on debt extinguishment       0     0 0
Loss from equity method investments and investments in subsidiaries 153     40     341 379
Other (income) expense 0     0     0 0
Total Other Expense 153     40     341 379
LOSS BEFORE INCOME TAXES (487)     (322)     (1,293) (820)
INCOME TAX EXPENSE 0     0     0 0
NET LOSS (487)     (322)     (1,293) (820)
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
Impairment of oil and natural gas properties 0     0     0 0
General and administrative expenses 0     0     0 0
Restructuring and liability management 0           0  
Accretion expense 0     0     0 0
Total Operating Expenses 0     0     0 0
LOSS FROM OPERATIONS 0     0     0 0
OTHER EXPENSE (INCOME):                
Interest expense 0     0     0 0
Interest income 0     0     0 0
Gain on debt extinguishment       0     0 0
Loss from equity method investments and investments in subsidiaries (251,951)     (573,306)     (1,367,173) (396,871)
Other (income) expense 0     1,000     0 1,000
Total Other Expense (251,951)     (572,306)     (1,367,173) (395,871)
LOSS BEFORE INCOME TAXES 251,951     572,306     1,367,173 395,871
INCOME TAX EXPENSE 0     0     0 0
NET LOSS $ 251,951     $ 572,306     $ 1,367,173 $ 395,871