Commitments And Contingencies

6 Months Ended

Jun. 30, 2017

Commitments And Contingencies

Commitments And Contingencies

11. COMMITMENTS AND CONTINGENCIES

As part of the Carnero Gathering Transaction, the Partnership is required to pay SN Midstream a monthly earnout based upon gas received at Carnero Gathering’s receipt points from SN Catarina and gas delivered and processed at Carnero Processing by other producers which began at the end of the second quarter 2017. This earnout has an approximate value of $4.0 million and was recorded on the balance sheet as a deferred liability as of June 30, 2017. We did not have any other material commitments and contingencies and no payments were made as of June 30, 2017.