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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
BRMR and Everest Merger Sub Inc. [Member]  
Schedule of Other Commitments Assumed in Relation to Certain Firm Transportation and Gas Processing Gathering and Compression Service Agreements

As a result of the BRMR Merger, effective as of February 28, 2019, the Company assumed commitments related to certain firm transportation and gas processing, gathering and compression service agreements entered into by Triad Hunter, LLC (“Triad Hunter”), a wholly owned subsidiary of BRMR, as shown below (in thousands):

 

 

 

Firm

transportation(i)

 

 

Gas processing,

gathering, and

compression

services(ii)

 

 

Total

 

Year Ending December 31:

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

$

14,562

 

 

$

12,873

 

 

$

27,435

 

2020

 

 

19,416

 

 

 

17,133

 

 

 

36,549

 

2021

 

 

19,416

 

 

 

17,087

 

 

 

36,503

 

2022

 

 

19,416

 

 

 

17,087

 

 

 

36,503

 

2023

 

 

18,047

 

 

 

16,561

 

 

 

34,608

 

Thereafter

 

 

92,395

 

 

 

139,545

 

 

 

231,940

 

Total

 

$

183,252

 

 

$

220,286

 

 

$

403,538

 

 

(i)

Firm transportation - Firm transportation agreements with various pipelines to facilitate the delivery of production to market. These contracts commit the Company to transport minimum daily natural gas volumes at a negotiated rate or pay for any deficiencies at a specified reservation fee rate. The amounts in this table represent the minimum daily volumes at the reservation fee rate. The values in the table represent the gross amounts that the Company is committed to pay and does not deduct amounts that other parties are responsible for as a result of cost sharing arrangements with working interest partners. The Company will record in its Consolidated Financial Statements its proportionate share of costs based on its working interest.  

(ii)

Gas processing, gathering, and compression services - Contractual commitments for gas processing, gathering and compression service agreements represent minimum commitments under long-term gas processing and gathering agreements as well as various gas compression agreements. The values in the table represent the gross amounts that the Company is committed to pay and does not deduct amounts that other parties are responsible for as a result of cost sharing arrangements with working interest partners. The Company will record in its Consolidated Financial Statements its proportionate share of costs based on its working interest.