Segment Information

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We operate in two geographic segments, the U.S. and Canada, where we are engaged in the exploration and production segment of the oil and gas industry. Additionally, we operate a significantly smaller midstream segment in the U.S. and Canada, where we provide natural gas gathering and processing services, primarily to our U.S. and Canadian exploration and production segments. In Canada, our midstream operation is the Fortune Creek partnership. Revenue earned by Fortune Creek for the gathering and processing of our gas is eliminated on a consolidated basis as is the GPT recognized by our producing properties. Based on the immateriality of our midstream segment, we have combined our U.S. and Canadian midstream information. We evaluate performance based on operating income and property and equipment costs incurred.

	Exploration & Production												Quicksilver Consolidated
	U.S.		Canada		Midstream		Corporate			Elimination
For the Three Months Ended September 30:	(in thousands)
2014
Revenue	$	120,513	$	42,072	$	5,184	$	—		$	(4,271	)	$	163,498
DD&A	8,096		4,171		1,256		446			—			13,969
Impairment expense	—		—		135		—			—			135
Operating income (loss)	57,809		16,364		2,367		(11,756		)	—			64,784
Property and equipment costs incurred	20,912		7,254		72		218			—			28,456
2013
Revenue	$	114,002	$	38,407	$	6,381	$	—		$	(5,674	)	$	153,116
DD&A	8,402		4,114		1,300		574			—			14,390
Operating income (loss)	56,911		11,076		3,107		(11,045		)	—			60,049
Property and equipment costs incurred	15,147		4,288		1,615		(329		)	—			20,721
For the Nine Months Ended September 30:
2014
Revenue	$	269,310	$	101,198	$	16,157	$	—		$	(13,349	)	$	373,316
DD&A	23,652		13,779		3,744		1,409			—			42,584
Impairment expense	—		—		135		—			—			135
Operating income (loss)	78,891		20,199		7,700		(39,524		)	—			67,266
Property and equipment costs incurred	85,814		20,924		83		763			—			107,584
2013
Revenue	$	334,804	$	110,052	$	19,198	$	—		$	(16,736	)	$	447,318
DD&A	29,745		12,458		3,947		1,761			—			47,911
Operating income (loss)	456,624		30,126		9,593		(45,270		)	—			451,073
Property and equipment costs incurred	50,459		9,972		2,369		9,655			—			72,455
Property, plant and equipment-net
September 30, 2014	$	415,163	$	303,827	$	89,362	$	4,128		$	—		$	812,480
December 31, 2013	451,840		306,423		97,118		5,424			—			860,805
Total assets
September 30, 2014	796,931		362,994		104,204		4,128			—			$	1,268,257
December 31, 2013	895,388		359,951		108,963		5,424			—			1,369,726