XML 63 R51.htm IDEA: XBRL DOCUMENT v3.23.3
Related-Party Transactions - Summary of WES Related-Party Transactions Tables (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Consolidated statements of operations [Abstract]          
Revenues and other [1] $ 776,013 $ 837,568 $ 2,248,268 $ 2,472,284  
Equity income, net – related parties 35,494 41,317 116,839 139,388  
Cost of product 27,590 106,833 123,795 328,237  
Operation and maintenance 204,434 190,514 562,104 487,643  
General and administrative 55,050 48,185 159,572 144,635  
Total operating expenses [2] 449,265 521,763 1,373,793 1,451,558  
Consolidated balance sheets [Abstract]          
Accounts receivable, net 614,836   614,836   $ 554,263
Other current assets 31,476   31,476   59,506
Equity investments 915,076   915,076   944,696
Other assets [3] 217,163   217,163   167,049
Total assets [4] 11,626,554   11,626,554   11,271,628
Accounts and imbalance payables 393,358   393,358   360,562
Accrued liabilities 189,983   189,983   254,640
Other liabilities 452,188   452,188   385,629
Total liabilities [5] 8,671,462   8,671,462   8,163,513
Consolidated statements of cash flows [Abstract]          
Distributions from equity-investment earnings – related parties     115,897 139,710  
Contributions to equity investments – related parties     (1,153) (8,899)  
Distributions from equity investments in excess of cumulative earnings – related parties     31,715 41,058  
Distributions to Partnership unitholders [6]     (754,998) (538,690)  
Net contributions from (distributions to) related parties     0 1,161  
Unit repurchases from Occidental [6]     (134,602) (447,075)  
Service Revenues - Fee Based [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other 695,547 666,555 2,004,920 1,954,105  
Service Revenues - Product Based [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other 48,446 91,356 142,212 202,721  
Product Sales [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other 31,652 79,430 100,336 314,755  
Related Parties [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other 463,623 476,513 1,353,991 1,362,003  
Cost of product (37,083) (7,771) (56,214) (39,462)  
Operation and maintenance 843 3,231 2,493 3,874  
General and administrative 414 81 698 2,289  
Total operating expenses (35,826) (4,459) (53,023) (33,299)  
Consolidated balance sheets [Abstract]          
Accounts receivable, net 340,927   340,927   313,937
Other current assets 461   461   1,578
Other assets 37,880   37,880   29,058
Total assets 1,294,344   1,294,344   1,289,269
Accounts and imbalance payables 34,307   34,307   32,150
Accrued liabilities 2,974   2,974   11,756
Other liabilities 323,562   323,562   268,399
Total liabilities 360,843   360,843   $ 312,305
Consolidated statements of cash flows [Abstract]          
Distributions to Partnership unitholders     (382,438) (272,797)  
Unit repurchases from Occidental     (127,500) (252,500)  
Related Parties [Member] | WES Operating [Member]          
Consolidated statements of cash flows [Abstract]          
Distributions to Partnership unitholders     (18,260) (20,177)  
Related Parties [Member] | Service Revenues - Fee Based [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other 454,039 431,944 1,300,870 1,275,474  
Related Parties [Member] | Service Revenues - Product Based [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other (234) 24,246 14,524 48,297  
Related Parties [Member] | Product Sales [Member]          
Consolidated statements of operations [Abstract]          
Revenues and other $ 9,818 $ 20,323 $ 38,597 $ 38,232  
[1] Total revenues and other includes related-party amounts of $463.6 million and $1.4 billion for the three and nine months ended September 30, 2023, respectively, and $476.5 million and $1.4 billion for the three and nine months ended September 30, 2022, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $(35.8) million and $(53.0) million for the three and nine months ended September 30, 2023, respectively, and $(4.5) million and $(33.3) million for the three and nine months ended September 30, 2022, respectively, all primarily related to changes in imbalance positions. See Note 6.
[3] Other assets includes $6.5 million of NGLs line-fill inventory as of September 30, 2023, and December 31, 2022. Other assets also includes $92.4 million and $60.4 million of materials and supplies inventory as of September 30, 2023, and December 31, 2022, respectively.
[4] Total assets includes related-party amounts of $1.3 billion as of September 30, 2023, and December 31, 2022, which includes related-party Accounts receivable, net of $340.9 million and $313.9 million as of September 30, 2023, and December 31, 2022, respectively. See Note 6.
[5] Total liabilities includes related-party amounts of $360.8 million and $312.3 million as of September 30, 2023, and December 31, 2022, respectively. See Note 6.
[6] Includes related-party amounts. See Note 6.