Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Information

Schedule of operating results and assets of reportable segments

The operating results and assets of the Company’s reportable segments were as follows for the years ended December 31, 2014,  2015, and 2016 (in thousands):

	Exploration and production		Gathering and processing	Water handling and treatment	Marketing	Elimination of intersegment transactions	Consolidated total
Year ended December 31, 2014:
Sales and revenues:
Third-party	$	2,644,953	6,810	15,265	53,604	—	2,720,632
Intersegment		195	88,936	156,660	—	(245,791)	—
Total	$	2,645,148	95,746	171,925	53,604	(245,791)	2,720,632
Operating expenses:
Lease operating	$	28,041	—	34,737	—	(33,437)	29,341
Gathering, compression, processing, and transportation		536,879	13,497	—	—	(88,963)	461,413
Depletion, depreciation, and amortization		424,684	36,972	16,240	—	—	477,896
General and administrative expense		186,335	22,035	8,331	—	(168)	216,533
Other operating expenses		128,419	1,973	1,888	103,435	—	235,715
Total		1,304,358	74,477	61,196	103,435	(122,568)	1,420,898
Operating income (loss)	$	1,340,790	21,269	110,729	(49,831)	(123,223)	1,299,734
Segment assets	$	9,886,214	1,411,470	422,885	10,456	(191,647)	11,539,378
Capital expenditures for segment assets	$	3,455,079	558,037	196,675	—	(123,223)	4,086,568

	Exploration and production		Gathering and processing	Water handling and treatment	Marketing	Elimination of intersegment transactions	Consolidated total
Year ended December 31, 2015:
Sales and revenues:
Third-party	$	3,756,629	12,353	9,647	176,229	—	3,954,858
Intersegment		4,795	218,239	147,085	—	(370,119)	—
Total	$	3,761,424	230,592	156,732	176,229	(370,119)	3,954,858
Operating expenses:
Lease operating	$	35,552	—	49,859	—	(49,400)	36,011
Gathering, compression, processing, and transportation		852,573	25,305	—	—	(218,517)	659,361
Depletion, depreciation, and amortization		622,379	61,552	25,832	—	—	709,763
General and administrative expense		183,675	40,448	10,758	—	(1,184)	233,697
Other operating expenses		222,990	3,811	3,210	299,062	(3,333)	525,740
Total		1,917,169	131,116	89,659	299,062	(272,434)	2,164,572
Operating income (loss)	$	1,844,255	99,476	67,073	(122,833)	(97,685)	1,790,286
Segment assets	$	12,426,518	1,470,691	525,004	16,123	(322,843)	14,115,493
Capital expenditures for segment assets	$	1,954,256	360,287	131,051	—	(97,685)	2,347,909

	Exploration and production		Gathering and processing	Water handling and treatment	Marketing	Elimination of intersegment transactions	Consolidated total
Year ended December 31, 2016:
Sales and revenues:
Third-party	$	1,334,656	16,028	792	393,049	—	1,744,525
Intersegment		18,324	291,916	281,475	—	(591,715)	—
Total	$	1,352,980	307,944	282,267	393,049	(591,715)	1,744,525
Operating expenses:
Lease operating	$	50,651	—	136,386	—	(136,947)	50,090
Gathering, compression, processing, and transportation		1,146,221	28,098	—	—	(291,481)	882,838
Depletion, depreciation, and amortization		709,127	70,847	29,899	—	—	809,873
General and administrative expense		186,672	39,832	14,331	—	(1,511)	239,324
Other operating expenses		241,755	(809)	14,401	499,343	(16,489)	738,201
Total		2,334,426	137,968	195,017	499,343	(446,428)	2,720,326
Operating income (loss)	$	(981,446)	169,976	87,250	(106,294)	(145,287)	(975,801)
Segment assets	$	12,512,973	1,750,354	615,687	37,890	(661,354)	14,255,550
Capital expenditures for segment assets	$	2,220,688	231,044	188,188	—	(144,491)	2,495,429