Commitments And Contingencies

3 Months Ended

Mar. 31, 2020

Commitments And Contingencies

Commitments And Contingencies

11. COMMITMENTS AND CONTINGENCIES

As part of the Carnero Gathering Transaction, we are required to pay Sanchez Energy an earnout based on natural gas received above a threshold volume and tariff at designated delivery points from Sanchez Energy and other producers. This earnout has an approximate value of zero as of March 31, 2020. For the three months ended March 31, 2020, we made no payments to Sanchez Energy related to the earnout. For the three months ended March 31, 2019, we paid Sanchez Energy $18.9 thousand related to the earnout.