XML 103 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Commitments And Contingencies Disclosure [Abstract]  
Other Commitments (c) Other Commitments (in thousands)

 

 

 

Firm

transportation(i)

 

 

Gas processing,

gathering, and

compression

services(ii)

 

 

Total

 

Year Ending December 31:

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

$

100,101

 

 

$

40,811

 

 

$

140,912

 

2021

 

 

99,828

 

 

 

41,383

 

 

 

141,211

 

2022

 

 

99,828

 

 

 

43,399

 

 

 

143,227

 

2023

 

 

99,828

 

 

 

41,260

 

 

 

141,088

 

2024

 

 

100,101

 

 

 

39,498

 

 

 

139,599

 

Thereafter

 

 

722,369

 

 

 

211,001

 

 

 

933,370

 

Total

 

$

1,222,055

 

 

$

417,352

 

 

$

1,639,407

 

 

(i)

Firm transportation - The Company has entered into firm transportation agreements with various pipelines in order 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 the Company’s 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 the Company’s working interest.