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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2016
Business Acquisition [Line Items]  
Supplemental Pro Forma Information

·

Issuance of common units to finance a portion of the Eagle Ford Acquisition and the related effect on net income (loss) per common unit (in thousands, except per unit amounts).

 

 

 

 

 

Year Ended

 

 

December 31, 

 

 

2015

 

Revenues

$

105,204

 

Net loss attributable to common unitholders

$

(157,161)

 

Net loss per unit prior to conversion

 

 

 

Class A units - Basic and diluted

$

(17.72)

 

Class B units - Basic and diluted

$

(14.10)

 

Net loss per unit after conversion

 

 

 

Common units - Basic and diluted

$

(40.32)

 

 

Post-Acquisition Operating Results

Direct operating expenses include lease operating expenses and production and ad valorem taxes (in thousands):

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31, 2016

 

Revenues

$

64,243

 

Excess of revenues over direct operating expenses

$

47,444

 

 

Acquisition of Working Interests  
Business Acquisition [Line Items]  
Estimated Values Of Assets Purchased And Liabilities Assumed

The total purchase price was allocated to the assets purchased and liabilities assumed based upon their fair values on the date of acquisition as follows (in thousands):

 

 

 

 

 

Proved developed reserves

    

$

26,454

 

Fair value of assets acquired

 

 

26,454

 

Asset retirement obligations

 

 

(832)

 

Fair value of net assets acquired

 

$

25,622

 

 

 

 

 

 

 

Acquisition of Wellbore Interests  
Business Acquisition [Line Items]  
Estimated Values Of Assets Purchased And Liabilities Assumed

The total purchase price was allocated to the assets purchased and liabilities assumed based upon their fair values on the date of acquisition as follows (in thousands):

 

 

 

 

 

Proved developed reserves

    

$

72,889

 

Facilities

 

 

8,002

 

Fair value of hedges assumed

 

 

3,408

 

Fair value of assets acquired

 

 

84,299

 

Asset retirement obligations

 

 

(877)

 

Ad valorem tax liability

 

 

(44)

 

Fair value of net assets acquired

 

$

83,378

 

 

Western Catarina Midstream  
Business Acquisition [Line Items]  
Estimated Values Of Assets Purchased And Liabilities Assumed

The total purchase price was allocated to the assets purchased and liabilities assumed based upon their fair values on the date of acquisition as follows (in thousands):

 

 

 

 

 

Fixed assets

    

$

142,887

 

Contractual customer relationships

 

 

201,888

 

Purchase of SPP common units from Sanchez Energy

 

 

1,065

 

Fair value of assets acquired

 

$

345,840