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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Significant Accounting Policies  
Schedule of revenue from supply shortfalls

Revenue recorded for the shortfall between actual production volumes and the MVC are as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Texas

    

Oklahoma

 

Crude and Condensate

 

Total

 

    

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Midstream services

 

$

1.9

 

$

9.5

 

$

 —

 

$

11.4

Midstream services - related parties

 

 

26.4

 

 

10.8

 

 

9.0

 

 

46.2

Total

 

$

28.3

 

$

20.3

 

$

9.0

 

$

57.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Midstream services

 

$

0.5

 

$

 —

 

$

 —

 

$

0.5

Midstream services - related parties

 

 

3.8

 

 

20.1

 

 

0.5

 

 

24.4

Total

 

$

4.3

 

$

20.1

 

$

0.5

 

$

24.9

 

Property, Plant, and Equipment

The components of property, plant and equipment are as follows (in millions):

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2016

    

2015

Transmission assets

 

$

1,191.7

 

$

1,285.1

Gathering systems

 

 

3,530.9

 

 

2,999.2

Gas processing plants

 

 

3,163.0

 

 

2,673.7

Other property and equipment

 

 

149.5

 

 

135.9

Construction in process

 

 

345.7

 

 

330.5

Property, plant and equipment

 

 

8,380.8

 

 

7,424.4

Accumulated depreciation

 

 

(2,124.1)

 

 

(1,757.6)

Property, plant and equipment, net

 

$

6,256.7

 

$

5,666.8

 

Schedule Of Property, Plant, and Equipment Useful Lives

Depreciation is calculated using the straight-line method based on the estimated useful life of each asset, as follows:

 

 

 

 

 

    

Useful Lives

Transmission assets

 

20 - 25 years

Gathering systems

 

20 - 25 years

Gas processing plants

 

20 - 25 years

Other property and equipment

 

3 - 15 years