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Consolidated Statements of Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Total revenues $ 1,273,763,000us-gaap_Revenues $ 1,029,763,000us-gaap_Revenues $ 894,476,000us-gaap_Revenues
Equity income, net 57,836,000us-gaap_IncomeLossFromEquityMethodInvestments [1],[2],[3] 22,948,000us-gaap_IncomeLossFromEquityMethodInvestments [1],[2],[3] 16,042,000us-gaap_IncomeLossFromEquityMethodInvestments [1],[2],[3]
Operating expenses      
Cost of product 437,956,000us-gaap_NaturalGasMidstreamCosts [4] 364,285,000us-gaap_NaturalGasMidstreamCosts [4] 336,079,000us-gaap_NaturalGasMidstreamCosts [4]
Operation and maintenance 199,305,000us-gaap_OperatingCostsAndExpenses [4] 168,657,000us-gaap_OperatingCostsAndExpenses [4] 140,106,000us-gaap_OperatingCostsAndExpenses [4]
General and administrative 37,458,000us-gaap_GeneralAndAdministrativeExpense [4] 33,464,000us-gaap_GeneralAndAdministrativeExpense [4] 99,728,000us-gaap_GeneralAndAdministrativeExpense [4]
Property and other taxes 25,387,000us-gaap_TaxesExcludingIncomeAndExciseTaxes 23,244,000us-gaap_TaxesExcludingIncomeAndExciseTaxes 19,688,000us-gaap_TaxesExcludingIncomeAndExciseTaxes
Depreciation, amortization and impairments 183,156,000us-gaap_DepreciationAndAmortization 145,916,000us-gaap_DepreciationAndAmortization 120,608,000us-gaap_DepreciationAndAmortization
Total operating expenses 883,262,000us-gaap_CostsAndExpenses 735,566,000us-gaap_CostsAndExpenses 716,209,000us-gaap_CostsAndExpenses
Operating income 448,337,000us-gaap_OperatingIncomeLoss 317,145,000us-gaap_OperatingIncomeLoss 194,309,000us-gaap_OperatingIncomeLoss
Interest income - affiliates 16,900,000us-gaap_InterestIncomeRelatedParty [5] 16,900,000us-gaap_InterestIncomeRelatedParty [5] 16,900,000us-gaap_InterestIncomeRelatedParty [5]
Interest expense 76,769,000us-gaap_InterestExpense [6] 51,797,000us-gaap_InterestExpense [6] 42,060,000us-gaap_InterestExpense [6]
Other income (expense), net 938,000us-gaap_OtherNonoperatingIncomeExpense 1,935,000us-gaap_OtherNonoperatingIncomeExpense 292,000us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 389,406,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 284,183,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 169,441,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (benefit) expense 2,027,000us-gaap_IncomeTaxExpenseBenefit 2,305,000us-gaap_IncomeTaxExpenseBenefit 48,884,000us-gaap_IncomeTaxExpenseBenefit
Net income 387,379,000us-gaap_ProfitLoss 281,878,000us-gaap_ProfitLoss 120,557,000us-gaap_ProfitLoss
Net income attributable to noncontrolling interests 165,468,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 122,173,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 59,181,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Western Gas Equity Partners, LP 221,911,000us-gaap_NetIncomeLoss 159,705,000us-gaap_NetIncomeLoss 61,376,000us-gaap_NetIncomeLoss
Limited partners' interest in net income:      
Pre-acquisition net (income) loss allocated to Anadarko 956,000wgp_PreacquisitionNetIncomeLossAllocatedToParent (4,128,000)wgp_PreacquisitionNetIncomeLossAllocatedToParent (1,707,000)wgp_PreacquisitionNetIncomeLossAllocatedToParent
Limited partners' interest in net income 222,867,000us-gaap_NetIncomeLossAllocatedToLimitedPartners [7] 155,528,000us-gaap_NetIncomeLossAllocatedToLimitedPartners [7] 2,809,000us-gaap_NetIncomeLossAllocatedToLimitedPartners [7]
IPO [Member]      
Limited partners' interest in net income:      
Pre-acquisition net (income) loss allocated to Anadarko 0wgp_PreacquisitionNetIncomeLossAllocatedToParent
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_IPOMember
(49,000)wgp_PreacquisitionNetIncomeLossAllocatedToParent
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_IPOMember
(56,860,000)wgp_PreacquisitionNetIncomeLossAllocatedToParent
/ us-gaap_SubsidiarySaleOfStockAxis
= us-gaap_IPOMember
Affiliated Entity [Member]      
Revenues      
Gathering, processing and transportation of natural gas and natural gas liquids 394,870,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
306,810,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
249,997,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
Natural gas, natural gas liquids and condensate sales 570,047,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
496,848,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
436,423,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
Other 5,078,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
1,868,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
1,606,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
Total revenues 969,995,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1] 805,526,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1] 688,026,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1]
Operating expenses      
Cost of product 114,000,000us-gaap_NaturalGasMidstreamCosts
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1] 129,045,000us-gaap_NaturalGasMidstreamCosts
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1] 145,250,000us-gaap_NaturalGasMidstreamCosts
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[1]
Operation and maintenance 58,884,000us-gaap_OperatingCostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[8] 56,435,000us-gaap_OperatingCostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[8] 51,237,000us-gaap_OperatingCostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[8]
General and administrative 27,736,000us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[9] 24,235,000us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[9] 92,887,000us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[9]
Total operating expenses 200,620,000us-gaap_CostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
209,715,000us-gaap_CostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
289,374,000us-gaap_CostsAndExpenses
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
Interest expense 3,000us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[10] 0us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[10] 2,766,000us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_AffiliatedEntityMember
[10]
Third Parties [Member]      
Revenues      
Gathering, processing and transportation of natural gas and natural gas liquids 252,581,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
175,732,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
132,333,000us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Natural gas, natural gas liquids and condensate sales 42,807,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
44,396,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
71,916,000us-gaap_NaturalGasMidstreamRevenue
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Other 8,380,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
4,109,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
2,201,000us-gaap_OtherSalesRevenueNet
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Total revenues 303,768,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
224,237,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
206,450,000us-gaap_Revenues
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Operating expenses      
Interest expense $ 76,766,000us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
$ 51,797,000us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
$ 39,294,000us-gaap_InterestExpense
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= wgp_ThirdPartiesMember
Limited Partner [Member]      
Limited partners' interest in net income:      
Net income per common unit - basic and diluted $ 1.02us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
$ 0.71us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
$ 0.01us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
Weighted-average common units outstanding - basic and diluted 218,910us-gaap_WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
218,896us-gaap_WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
218,896us-gaap_WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_LimitedPartnerMember
[1] Represents amounts earned or incurred on and subsequent to the date of acquisition of WES assets, as well as amounts earned or incurred by Anadarko on a historical basis related to WES assets prior to the acquisition of such assets by WES, recognized under gathering, treating or processing agreements, and purchase and sale agreements.
[2] Income earned from equity investments is classified as affiliate. See Note 1.
[3] Income earned on, distributions from and contributions to equity investments are classified as affiliate. See Note 1.
[4] Cost of product includes product purchases from Anadarko (as defined in Note 1) of $114.0 million, $129.0 million and $145.3 million for the years ended December 31, 2014, 2013 and 2012, respectively. Operation and maintenance includes charges from Anadarko of $58.9 million, $56.4 million and $51.2 million for the years ended December 31, 2014, 2013 and 2012, respectively. General and administrative includes charges from Anadarko of $27.7 million, $24.2 million and $92.9 million for the years ended December 31, 2014, 2013 and 2012, respectively. See Note 5.
[5] Represents interest income recognized on the note receivable from Anadarko.
[6] Includes affiliate (as defined in Note 1) interest expense of zero for each of the years ended December 31, 2014 and 2013, and $2.8 million for the year ended December 31, 2012. See Note 13.
[7] Represents net income earned on and subsequent to the date of acquisition of WES assets (as defined in Note 1). See Note 4.
[8] Represents expenses incurred on and subsequent to the date of the acquisition of WES assets, as well as expenses incurred by Anadarko on a historical basis related to WES assets prior to the acquisition of such assets by WES.
[9] Represents general and administrative expense incurred on and subsequent to the date of WES’s acquisition of WES assets, as well as a management services fee for reimbursement of expenses incurred by Anadarko for periods prior to the acquisition of WES assets by WES. These amounts include equity-based compensation expense allocated to WES and WGP by Anadarko (see Note 6) and amounts charged by Anadarko under the WGP omnibus agreement.
[10] For the year ended December 31, 2014, includes interest expense recognized on the WGP working capital facility (see Note 13). For the year ended December 31, 2012, includes interest expense recognized on the WES note payable to Anadarko (see Note 13) and interest imputed on the reimbursement payable to Anadarko for certain expenditures Anadarko incurred in 2011 related to the construction of the Brasada complex and Lancaster plant. WES repaid the WES note payable to Anadarko in June 2012, and repaid the reimbursement payable to Anadarko associated with the construction of the Brasada complex and Lancaster plant in the fourth quarter of 2012.