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Acquisitions and Divestitures (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed The following table presents the fair value of the identified assets received and liabilities assumed at the acquisition date (in millions):
Consideration
Cash (including working capital payment)$50.6 
Installment payable10.0 
Contingent consideration fair value (1)6.9 
Total consideration:$67.5 
Purchase price allocation
Assets acquired:
Current assets (including $1.3 million in cash)
$1.4 
Property and equipment16.3 
Intangible assets50.6 
Other assets, net (2)0.6 
Liabilities assumed:
Current liabilities(0.8)
Other long-term liabilities (2)(0.6)
Net assets acquired$67.5 
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(1)The estimated fair value of the Amarillo Rattler, LLC contingent consideration was calculated in accordance with the fair value guidance contained in ASC 820. There are a number of assumptions and estimates factored into these fair values and actual contingent consideration payments could differ from the estimated fair values.
(2)“Other assets, net” and “Other long-term liabilities” consist of the right-of-use asset and lease liability, respectively, recorded through the acquisition of Amarillo Rattler, LLC.
The following table presents the fair value of the identified assets received and liabilities assumed at the acquisition date (in millions):
Consideration
Cash (including working capital payment)$289.5 
Purchase price allocation
Assets acquired:
Current assets$17.3 
Property and equipment275.0 
Liabilities assumed:
Current liabilities(2.8)
Net assets acquired$289.5 
The following table presents the fair value of the identified assets received and liabilities assumed at the acquisition date (in millions):
Consideration
Cash (including working capital payment)$100.9 
Contingent consideration1.3 
Total consideration$102.2 
Purchase price allocation
Assets acquired:
Current assets$6.0 
Property and equipment97.1 
Other assets, net (1)0.9 
Liabilities assumed:
Current liabilities(1.4)
Other long-term liabilities (1)(0.4)
Net assets acquired$102.2 
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(1)“Other assets, net” and “Other long-term liabilities” consist of the right-of-use assets and lease liabilities, respectively, obtained through the Central Oklahoma Acquisition.
Schedule of Asset Acquisition, Contingent Consideration The following table represents our change in carrying value of the Amarillo Rattler Acquisition and Central Oklahoma Acquisition contingent consideration liabilities for the periods presented (in millions):
Year Ended December 31,
202320222021
Amarillo Rattler Acquisition contingent consideration
Contingent consideration liability, beginning of period
$4.2 $6.9 $— 
Contingent consideration liability recorded upon acquisition (1)— — 6.9 
Change in fair value0.6 (2.7)— 
Contingent consideration liability, end of period$4.8 $4.2 $6.9 
Central Oklahoma Acquisition contingent consideration
Contingent consideration liability, beginning of period
$1.3 $— $— 
Contingent consideration liability recorded upon acquisition (2)— 1.3 — 
Change in fair value0.6 — — 
Contingent consideration liability, end of period$1.9 $1.3 $— 
Total contingent consideration
Contingent consideration liability, beginning of period
$5.5 $6.9 $— 
Contingent consideration liability recorded upon acquisition (1)(2)— 1.3 6.9 
Change in fair value1.2 (2.7)— 
Contingent consideration liability, end of period$6.7 $5.5 $6.9 
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(1)The contingent consideration for the Amarillo Rattler Acquisition was recorded on April 30, 2021.
(2)The contingent consideration for the Central Oklahoma Acquisition was recorded on December 19, 2022.
Schedule of Pro Forma Information
The following unaudited pro forma condensed consolidated financial information (in millions) for the years ended December 31, 2022 and 2021 gives effect to the Barnett Shale Acquisition on July 1, 2022 and the Central Oklahoma Acquisition on December 19, 2022 as if each of the acquisitions had occurred on January 1, 2021. On a historical pro forma basis, our consolidated revenues, net income (loss), total assets, and earnings per unit amounts would not have differed materially had the Amarillo Rattler Acquisition been completed on January 1, 2021 rather than April 30, 2021.

The unaudited pro forma condensed consolidated financial information has been included for comparative purposes only and is not necessarily indicative of the results that might have occurred had the transactions taken place on the dates indicated and is not intended to be a projection of future results.
Year Ended December 31,
20222021
Pro forma total revenues$9,630.4 $6,782.9 
Pro forma net income$534.3 $157.5