Segment Information

3 Months Ended

Mar. 31, 2014

Segment Information

9. Segment Information

The Partnership’s operations are divided into eight operating segments: Barnett Shale, Eagle Ford Shale, Haynesville Shale, Marcellus Shale, Niobrara Shale, Utica Shale, Mid-Continent region and Corporate. Summarized financial information for the reportable segments is shown in the following tables, presented in thousands.

Three months ended March 31, 2014
		Barnett			Eagle Ford		Haynesville			Marcellus			Niobrara
Revenues	$	87,818		$	78,090	$	27,457		$	1,371		$	6,512
Operating expenses		25,220			15,838		10,090			916			2,298
Depreciation and amortization expense		25,302			15,036		20,307			907			1,387
General and administrative expense		—			—		—			—			—
Other operating expense		—			—		—			—			—
Operating income (loss)	$	37,296		$	47,216	$	(2,940	)	$	(452	)	$	2,827
Income from unconsolidated affiliates	$	—		$	—	$	—		$	40,532		$	—
Capital expenditures	$	6,015		$	77,483	$	3,650		$	6,455	(1)	$	30,658	(2)
Total assets	$	1,488,440		$	1,229,903	$	1,260,388		$	1,530,903		$	177,192
		Utica			Mid- Continent		Corporate			Consolidated
Revenues	$	24,574		$	51,256	$	—		$	277,078
Operating expenses		8,418			17,909		12,224			92,913
Depreciation and amortization expense		4,034			10,601		7,970			85,544
General and administrative expense		—			—		34,180			34,180
Other operating expense		—			—		1,805			1,805
Operating income (loss)	$	12,122		$	22,746	$	(56,179	)	$	62,636
Income from unconsolidated affiliates	$	526		$	1,820	$	—		$	42,878
Capital expenditures	$	95,638	(3)	$	17,022	$	32,710		$	269,631
Total assets	$	1,255,064		$	778,924	$	628,299		$	8,349,113

⁽¹⁾ Amount excludes $33.2 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

⁽²⁾ Amount includes $16.0 million of capital expenditures attributable to noncontrolling interest owners.

⁽³⁾ Amount excludes $76.2 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates and includes $30.9 million of capital expenditures attributable to noncontrolling interest owners.

Three months ended March 31, 2013
	Barnett			Eagle Ford					Haynesville					Marcellus					Niobrara
Revenues	$	93,084		$		57,959			$		33,474			$		3,729				2,302
Operating expenses		23,939				14,400					11,315					2,597				1,544
Depreciation and amortization expense		23,915				10,087					19,286					123				719
General and administrative expense		—				—					—					—				—
Other operating expense		—				—					—					—				—
Operating income (loss)	$	45,230		$		33,472			$		2,873			$		1,009			$	39
Income (loss) from unconsolidated affiliates	$	—		$		—			$		—			$		25,246			$	—
Capital expenditures	$	21,004		$		81,916			$		7,785			$		184		(1)	$	11,526	(2)
Total Assets	$	1,571,188		$		984,486			$		1,323,957			$		1,216,897			$	99,775
	Utica				Mid- Continent					Corporate					Consolidated
Revenues	$	5,496			$		40,915			$		—			$		236,959
Operating expenses		2,546					18,204					8,218					82,763
Depreciation and amortization expense		1,200					8,598					2,722					66,650
General and administrative expense		—					—					23,734					23,734
Other operating expense		—					—					91					91
Operating income (loss)	$	1,750			$		14,113			$		(34,765	)		$		63,721
Income (loss) from unconsolidated affiliates	$	(161	)		$		(77	)		$		—			$		25,008
Capital expenditures	$	65,756	(3)		$		38,996	(4)		$		43,787			$		270,954
Total Assets	$	483,305			$		755,108			$		416,698			$		6,851,414

⁽¹⁾ Amount excludes $93.2 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

⁽²⁾ Amount includes $5.8 million of capital expenditures attributable to noncontrolling interest owners.

⁽³⁾ Amount excludes $72.0 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates and includes $22.0 million of capital expenditures attributable to noncontrolling interest owners.

⁽⁴⁾ Amount excludes $0.3 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.