| Investments Accounted For By The Equity Method |
Investments accounted for by the equity method consist of the following as of March 31, 2014 and December 31, 2013:
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Carrying Value |
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(Income) loss from equity method investments |
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Approximate Ownership % |
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March 31, 2014 |
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December 31, 2013 |
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Three months ended March 31, |
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2014 |
2013 |
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(In thousands) |
Investment in Tatex Thailand II, LLC |
23.5 |
% |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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Investment in Tatex Thailand III, LLC |
17.9 |
% |
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10,725 |
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10,774 |
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49 |
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18 |
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Investment in Grizzly Oil Sands ULC |
24.9999 |
% |
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190,263 |
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191,473 |
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2,001 |
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532 |
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Investment in Bison Drilling and Field Services LLC |
40.0 |
% |
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22,608 |
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12,318 |
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1,933 |
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(148 |
) |
Investment in Muskie Proppant LLC |
25.0 |
% |
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8,011 |
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7,544 |
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534 |
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441 |
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Investment in Timber Wolf Terminals LLC |
50.0 |
% |
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1,001 |
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1,001 |
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— |
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8 |
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Investment in Windsor Midstream LLC |
22.5 |
% |
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13,195 |
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10,632 |
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(168 |
) |
(384 |
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Investment in Stingray Pressure Pumping LLC |
50.0 |
% |
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18,872 |
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19,624 |
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513 |
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(703 |
) |
Investment in Stingray Cementing LLC |
50.0 |
% |
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3,067 |
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3,291 |
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95 |
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22 |
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Investment in Blackhawk Midstream LLC |
50.0 |
% |
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— |
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— |
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(84,787 |
) |
39 |
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Investment in Stingray Logistics LLC |
50.0 |
% |
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821 |
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903 |
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81 |
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26 |
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Investment in Diamondback Energy, Inc. |
6.7 |
% |
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227,474 |
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178,708 |
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(48,767 |
) |
(61,096 |
) |
Investment in Stingray Energy Services LLC |
50.0 |
% |
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3,382 |
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3,800 |
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41 |
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35 |
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$ |
499,419 |
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$ |
440,068 |
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$ |
(128,475 |
) |
$ |
(61,210 |
) |
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| Equity Method Investment Balance Sheet Summary |
Summarized balance sheet information:
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March 31, 2014 |
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December 31, 2013 |
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(In thousands) |
Current assets |
$ |
168,313 |
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$ |
146,075 |
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Noncurrent assets |
$ |
3,004,333 |
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$ |
2,567,225 |
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Current liabilities |
$ |
291,642 |
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$ |
233,726 |
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Noncurrent liabilities |
$ |
824,263 |
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$ |
664,848 |
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