XML 52 R33.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Related-Party Transactions (Tables)
3 Months Ended
Mar. 31, 2024
Related Party Transaction [Line Items]  
Related-Party Transactions Tables The following tables summarize material related-party transactions included in the Partnership’s consolidated financial statements:
Consolidated statements of operations
 Three Months Ended 
March 31,
thousands20242023
Revenues and other
Service revenues – fee based$489,729 $423,501 
Service revenues – product based14,057 8,116 
Product sales(3,977)17,168 
Total revenues and other499,809 448,785 
Equity income, net – related parties (1)
32,819 39,021 
Operating expenses
Cost of product (2)
(27,412)(3,947)
Operation and maintenance1,439 747 
General and administrative 67 
Total operating expenses(25,973)(3,133)
_________________________________________________________________________________________
(1)See Note 7.
(2)Includes related-party natural-gas and NGLs imbalances.

Consolidated balance sheets
thousandsMarch 31,
2024
December 31,
2023
Assets
Accounts receivable, net$389,721 $358,141 
Other current assets3,277 1,260 
Equity investments (1)
546,078 904,535 
Other assets43,534 43,216 
Total assets982,610 1,307,152 
Liabilities
Accounts and imbalance payables38,739 38,541 
Accrued liabilities5,009 4,979 
Other liabilities (2)
362,604 335,320 
Total liabilities406,352 378,840 
_________________________________________________________________________________________
(1)See Note 7.
(2)Includes contract liabilities from contracts with customers. See Note 2.
6. RELATED-PARTY TRANSACTIONS

Consolidated statements of cash flows
Three Months Ended 
March 31,
thousands20242023
Distributions from equity-investment earnings – related parties
$29,304 $39,609 
Contributions to equity investments – related parties (110)
Distributions from equity investments in excess of cumulative earnings – related parties19,033 12,366 
Distributions to Partnership unitholders (1)
(111,689)(99,671)
Distributions to WES Operating unitholders (2)
(4,591)(4,271)
_________________________________________________________________________________________
(1)Represents common and general partner unit distributions paid to Occidental pursuant to the partnership agreement of the Partnership (see Note 4 and Note 5).
(2)Represents distributions paid to Occidental, through its ownership of WGRAH, pursuant to WES Operating’s partnership agreement (see Note 4 and Note 5).
WES Operating [Member]  
Related Party Transaction [Line Items]  
Related-Party Transactions Tables
The following tables summarize material related-party transactions for WES Operating (which are included in the Partnership’s consolidated financial statements) to the extent the amounts differ materially from the Partnership’s consolidated financial statements:
Consolidated statements of operations
 Three Months Ended 
March 31,
thousands20242023
General and administrative (1)
$1,306 $1,281 
_________________________________________________________________________________________
(1)Includes an intercompany service fee between the Partnership and WES Operating.

Consolidated balance sheets
thousandsMarch 31,
2024
December 31,
2023
Accounts receivable, net (1)
$407,881 $358,141 
Other current assets3,218 1,235 
Other assets40,108 41,405 
Accounts and imbalance payables
38,739 69,472 
Accrued liabilities4,692 4,662 
_________________________________________________________________________________________
(1)Includes balances related to transactions between the Partnership and WES Operating.

Consolidated statements of cash flows
Three Months Ended 
March 31,
thousands20242023
Distributions to WES Operating unitholders (1)
$(229,446)$(213,513)
_________________________________________________________________________________________
(1)Represents distributions paid to the Partnership and Occidental, through its ownership of WGRAH, pursuant to WES Operating’s partnership agreement. See Note 4 and Note 5.