XML 37 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Summarized Financial Information for Reportable Segments

Summarized financial information for the reportable segments is shown in the following tables, presented in thousands.

Three months ended September 30, 2014

 

 

Barnett

 

 

Eagle Ford

 

 

Haynesville

 

 

Marcellus

 

 

Niobrara

 

 

Revenues

$

80,406

 

 

$

90,912

 

 

$

33,807

 

 

$

4,431

 

 

$

7,638

 

 

Operating expenses

 

22,787

 

 

 

21,630

 

 

 

12,861

 

 

 

1,778

 

 

 

4,007

 

 

Depreciation and amortization expense

 

16,353

 

 

 

11,163

 

 

 

14,119

 

 

 

2,369

 

 

 

1,055

 

 

General and administrative expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Other operating expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Operating income (loss)

$

41,266

 

 

$

58,119

 

 

$

6,827

 

 

$

284

 

 

$

2,576

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

-

 

 

$

-

 

 

$

-

 

 

$

40,418

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

1,670

 

 

$

33,139

 

 

$

3,633

 

 

$

13,290

 

(1)

$

73,495

 

(2)

Total assets

$

1,450,057

 

 

$

1,260,141

 

 

$

1,230,130

 

 

$

1,627,497

 

 

$

313,507

 

 

 

 

 

 

 

 

 

Mid-

 

 

 

 

 

 

 

 

 

 

Utica

 

 

Continent

 

 

Corporate

 

 

Consolidated

 

Revenues

$

43,788

 

 

$

52,867

 

 

$

-

 

 

$

313,849

 

Operating expenses

 

7,599

 

 

 

21,406

 

 

 

24,584

 

 

 

116,652

 

Depreciation and amortization expense

 

5,563

 

 

 

6,807

 

 

 

9,025

 

 

 

66,454

 

General and administrative expense

 

-

 

 

 

-

 

 

 

84,657

 

 

 

84,657

 

Other operating expense

 

-

 

 

 

-

 

 

 

2,799

 

 

 

2,799

 

Operating income (loss)

$

30,626

 

 

$

24,654

 

 

$

(121,065

)

 

$

43,287

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

9,865

 

 

$

2,784

 

 

$

-

 

 

$

53,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

68,813

 

(3)

$

24,779

 

(4)

$

27,887

 

 

$

246,706

 

Total assets

$

1,515,947

 

 

$

825,912

 

 

$

575,747

 

 

$

8,798,938

 

(1)

Amount excludes $42.7 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

(2)

Amount includes $36.8 million of capital expenditures attributable to noncontrolling interest owners.

(3)

Amount excludes $41.0 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 $0.1 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

Three months ended September 30, 2013

 

 

Barnett

 

 

Eagle Ford

 

 

Haynesville

 

 

Marcellus

 

 

Niobrara

 

 

Revenues

$

94,182

 

 

$

74,494

 

 

$

28,418

 

 

$

3,009

 

 

$

4,146

 

 

Operating expenses

 

23,635

 

 

 

14,454

 

 

 

10,960

 

 

 

1,536

 

 

 

3,610

 

 

Depreciation and amortization expense

 

24,741

 

 

 

13,635

 

 

 

19,709

 

 

 

1,039

 

 

 

1,014

 

 

General and administrative expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Other operating expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Operating income (loss)

$

45,806

 

 

$

46,405

 

 

$

(2,251

)

 

$

434

 

 

$

(478

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

-

 

 

$

-

 

 

$

-

 

 

$

33,925

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

11,337

 

 

$

80,794

 

 

$

2,947

 

 

$

10

 

(1)

$

20,839

 

(2)

Total assets

$

1,534,090

 

 

$

1,109,821

 

 

$

1,296,035

 

 

$

1,407,348

 

 

$

120,533

 

 

 

 

 

 

 

 

Mid-

 

 

 

 

 

 

 

 

 

 

Utica

 

 

Continent

 

 

Corporate

 

 

Consolidated

 

Revenues

$

15,036

 

 

$

41,658

 

 

$

-

 

 

$

260,943

 

Operating expenses

 

3,851

 

 

 

18,714

 

 

 

6,773

 

 

 

83,533

 

Depreciation and amortization expense

 

2,750

 

 

 

10,064

 

 

 

4,134

 

 

 

77,086

 

General and administrative expense

 

-

 

 

 

-

 

 

 

24,470

 

 

 

24,470

 

Other operating expense

 

-

 

 

 

-

 

 

 

(239

)

 

 

(239

)

Operating income (loss)

$

8,435

 

 

$

12,880

 

 

$

(35,138

)

 

$

76,093

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

(1,453

)

 

$

363

 

 

$

-

 

 

$

32,835

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

102,161

 

(3)

$

20,450

 

(4)

$

26,979

 

 

$

265,517

 

Total assets

$

883,446

 

 

$

765,682

 

 

$

455,137

 

 

$

7,572,092

 

(1)

Amount excludes $75.4 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

(2)

Amount includes $10.4 million of capital expenditures attributable to noncontrolling interest owners.

(3)

Amount excludes $103.5 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates and includes $36.4 million of capital expenditures attributable to noncontrolling interest owners.

(4)

Amount excludes $1.3 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

Nine months ended September 30, 2014

 

 

Barnett

 

 

Eagle Ford

 

 

Haynesville

 

 

Marcellus

 

 

Niobrara

 

 

Revenues

$

252,012

 

 

$

253,018

 

 

$

90,340

 

 

$

9,732

 

 

$

19,727

 

 

Operating expenses

 

70,545

 

 

 

52,977

 

 

 

33,937

 

 

 

4,891

 

 

 

9,302

 

 

Depreciation and amortization expense

 

66,621

 

 

 

41,747

 

 

 

54,483

 

 

 

5,543

 

 

 

3,892

 

 

General and administrative expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Other operating expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Operating income (loss)

$

114,846

 

 

$

158,294

 

 

$

1,920

 

 

$

(702

)

 

$

6,533

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

-

 

 

$

-

 

 

$

-

 

 

$

121,621

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

10,462

 

 

$

156,712

 

 

$

9,879

 

 

$

29,092

 

(1)

$

162,013

 

(2)

Total assets

$

1,450,057

 

 

$

1,260,141

 

 

$

1,230,130

 

 

$

1,627,497

 

 

$

313,507

 

 

 

 

 

 

 

 

 

Mid-

 

 

 

 

 

 

 

 

 

 

Utica

 

 

Continent

 

 

Corporate

 

 

Consolidated

 

Revenues

$

102,261

 

 

$

156,771

 

 

$

-

 

 

$

883,861

 

Operating expenses

 

27,822

 

 

 

58,757

 

 

 

48,857

 

 

 

307,088

 

Depreciation and amortization expense

 

14,921

 

 

 

28,177

 

 

 

26,590

 

 

 

241,974

 

General and administrative expense

 

-

 

 

 

-

 

 

 

156,094

 

 

 

156,094

 

Other operating expense

 

-

 

 

 

-

 

 

 

4,287

 

 

 

4,287

 

Operating income (loss)

$

59,518

 

 

$

69,837

 

 

$

(235,828

)

 

$

174,418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

14,975

 

 

$

7,412

 

 

$

-

 

 

$

144,008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

249,992

 

(3)

$

64,235

 

(4)

$

85,491

 

 

$

767,876

 

Total assets

$

1,515,947

 

 

$

825,912

 

 

$

575,747

 

 

$

8,798,938

 

(1)

Amount excludes $113.6 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

(2)

Amount includes $81.7 million of capital expenditures attributable to noncontrolling interest owners.

(3)

Amount excludes $192.9 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates and includes $81.3 million of capital expenditures attributable to noncontrolling interest owners.

(4)

Amount excludes $0.1 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

Nine months ended September 30, 2013

 

 

Barnett

 

 

Eagle Ford

 

 

Haynesville

 

 

Marcellus

 

 

Niobrara

 

 

Revenues

$

277,650

 

 

$

200,205

 

 

$

92,513

 

 

$

10,750

 

 

$

8,879

 

 

Operating expenses

 

71,537

 

 

 

43,805

 

 

 

31,384

 

 

 

4,331

 

 

 

7,100

 

 

Depreciation and amortization expense

 

72,656

 

 

 

37,084

 

 

 

58,466

 

 

 

1,200

 

 

 

2,889

 

 

General and administrative expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Other operating expense

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

Operating income (loss)

$

133,457

 

 

$

119,316

 

 

$

2,663

 

 

$

5,219

 

 

$

(1,110

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

-

 

 

$

-

 

 

$

-

 

 

$

93,663

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

45,736

 

 

$

246,153

 

 

$

13,509

 

 

$

199

 

(1)

$

44,036

 

(2)

Total assets

$

1,534,090

 

 

$

1,109,821

 

 

$

1,296,035

 

 

$

1,407,348

 

 

$

120,533

 

 

 

 

 

 

 

 

Mid-

 

 

 

 

 

 

 

 

 

 

Utica

 

 

Continent

 

 

Corporate

 

 

Consolidated

 

Revenues

$

27,770

 

 

$

127,377

 

 

$

-

 

 

$

745,144

 

Operating expenses

 

8,666

 

 

 

53,893

 

 

 

28,424

 

 

 

249,140

 

Depreciation and amortization expense

 

6,215

 

 

 

26,870

 

 

 

10,225

 

 

 

215,605

 

General and administrative expense

 

-

 

 

 

-

 

 

 

73,293

 

 

 

73,293

 

Other operating expense

 

-

 

 

 

-

 

 

 

1,744

 

 

 

1,744

 

Operating income (loss)

$

12,889

 

 

$

46,614

 

 

$

(113,686

)

 

$

205,362

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from unconsolidated

   affiliates

$

(2,543

)

 

$

468

 

 

$

-

 

 

$

91,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

$

261,940

 

(3)

$

88,580

 

(4)

$

110,958

 

 

$

811,111

 

Total assets

$

883,446

 

 

$

765,682

 

 

$

455,137

 

 

$

7,572,092

 

(1)

Amount excludes $244.5 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.

(2)

Amount includes $22.0 million of capital expenditures attributable to noncontrolling interest owners.

(3)

Amount excludes $287.5 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates and includes $92.2 million of capital expenditures attributable to noncontrolling interest owners.

(4)

Amount excludes $3.9 million for the Partnership’s share of capital expenditures included in investments in unconsolidated affiliates.