Note 8 - Related Party Transactions	12 Months Ended
Dec. 31, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 8 - Related Party Transactions The Company obtained support services from vendors which are affiliated with one of its employees. For the year ended December 31, 2017, purchases from these vendors totaled $0.9 million. Amounts due to these vendors as of December 31, 2017 totaled $0.3 million. There were no purchases from these vendors for the years ended December 31, 2016 or 2015. The Company obtained support services from Nabors Corporate Services, Inc., on a transitional basis, for the processing of payroll, benefits and certain administrative services of the C&P business in normal course following the completion of the Nabors Merger. There were no obligations incurred to Nabors Corporate Services during 2017. During 2016 and prior to the Confirmation Date, the Company, the Official Committee of Unsecured Creditors of CJ Holding Co, the Steering Committee of Lenders under the Credit Agreement and the DIP Facility, and Nabors entered into a mediated settlement agreement that was subsequently approved by the Bankruptcy Court whereby, among other things, Nabors was awarded two allowed proofs of claim totaling $13.3 million. As of December 31, 2016, the allowed proofs of claim were included in liabilities subject to compromise on the consolidated balance sheet. As a result of the Company's emergence from the Chapter 11 Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is no longer considered a related party. The Company leased certain properties from Nabors, and Nabors leased certain properties from the Company. For the year ended December 31, 2016, the Company incurred obligations to Nabors of approximately $0.6 million under the leases, and Nabors incurred obligations to C&J of approximately $0.5 million and $0.1 million under the leases for each of the years ended December 31, 2017 and 2016. Amounts payable to Nabors at December 31, 2017 were $0.9 million. As a result of the Company's emergence from the Chapter 11 Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is no longer considered a related party . The Company provided certain services to Shehtah Nabors LP, a Nabors partnership with a third party, pursuant to a Management Agreement and a Cash Flow Sharing Agreement (collectively, “Shehtah Agreements”). Nabors incurred obligations to the Company of approximately $1.8 million under the Shehtah Agreements during 2016. There were no amounts due to the Company under the Shehtah Agreements at December 31, 2016. The Company did not provide services to Shehtah during 2017. As a result of the Company's emergence from the Chapter 11 Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is no longer considered a related party. The Company utilizes the services of certain saltwater disposal wells owned by Pyote Water Solutions, LLC, Pyote Water Systems, LLC, Pyote Water Systems II, LLC and Pyote Water Systems III, LLC (together “Pyote”) used in the disposal of certain fluids associated with oil and gas production. A former member of the Company's Board of Directors, who served from March 24, 2015 until December 16, 2016, holds the position of President and Chief Manager of Pyote and serves as Chairman of the Board of Governors of Pyote. Amounts invoiced from Pyote totaled approximately $0.8 million and $0.6 million for the years ended December 31, 2016 and 2015, respectively. Amounts payable to this vendor at December 31, 2016 were less than $0.1 million. In addition, the Company provides certain workover rig services, fluid hauling services and plug and abandonment services to Pyote. Revenues from Pyote totaled approximately $0.3 million for the year ended December 31, 2015, and no services were provided to Pyote during 2016. There were no amounts due to the Company from Pyote at December 31, 2016. For the year ended December 31, 2017, Pyote was no longer a related party . The Company purchased certain of its equipment from vendors affiliated with a former member of its Board of Directors. For the year ended December 31, 2015, purchases from these vendors totaled $1.9 million. Amounts payable to these vendors at December 31, 2015 were less than $0.1 million. There were no purchases from these vendors for the years ended December 31, 2017 or 2016. For the year ended December 31, 2017, the vendors were no longer considered related parties . The Company obtains office space, equipment rentals, tool repair services and other supplies from vendors affiliated with several employees. For the years ended December 31, 2017, 2016 and 2015, purchases from these vendors totaled $0.5 million in each year. Amounts payable to these vendors at December 31, 2016 were less than $0.1 million. There were no amounts due to these vendors as of December 31, 2017. The Company has an unconsolidated equity method investment with a vendor that provided the Company with raw material for its discontinued specialty chemical business. For the years ended December 31, 2016 and 2015, purchases from this vendor were $1.7 million and $11.8 million, respectively. There were no purchases from this vendor for the year ended December 31, 2017. Amounts payable to this vendor at December 31, 2016 and 2015 were $2.1 million and $1.5 million, respectively. There were no amounts payable to this vendor as of December 31, 2017. The Company obtained drilling fluids from a vendor which was affiliated with one of its former employees. For the year ended December 31, 2015, purchases from this vendor totaled $2.1 million. Amounts due to this vendor at December 31, 2015 were $0.2 million. There were no purchases from this vendor for the year ended December 31, 2016. For the year ended December 31, 2017, this vendor was no longer considered a related party .

Note

- Related Party Transactions

The Company obtained support services from vendors which are affiliated with

one

of its employees. For the year ended

December 31, 2017,

purchases from these vendors totaled

$0.9

million. Amounts due to these vendors as of

December 31, 2017

totaled

$0.3

million. There were

purchases from these vendors for the years ended

December 31, 2016

2015.

The Company obtained support services from Nabors Corporate Services, Inc., on a transitional basis, for the processing of payroll, benefits and certain administrative services of the C&P business in normal course following the completion of the Nabors Merger.

There were

obligations incurred to Nabors Corporate Services during

2017.

During

2016

and prior to the Confirmation Date, the Company, the Official Committee of Unsecured Creditors of CJ Holding Co, the Steering Committee of Lenders under the Credit Agreement and the DIP Facility, and Nabors entered into a mediated settlement agreement that was subsequently approved by the Bankruptcy Court whereby, among other things, Nabors was awarded

two

allowed proofs of claim totaling

$13.3

million. As of

December 31, 2016,

the allowed proofs of claim were included in liabilities subject to compromise on the consolidated balance sheet. As a result of the Company's emergence from the Chapter

Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is

longer considered a related party.

The Company leased certain properties from Nabors, and Nabors leased certain properties from the Company. For the year ended

December 31, 2016,

the Company incurred obligations to Nabors of approximately

$0.6

million under the

leases, and Nabors incurred obligations to C&J of approximately

$0.5

million and

$0.1

million under the leases for each of the years ended

December 31, 2017

and

2016.

Amounts payable to Nabors at

December 31, 2017

were

$0.9

million. As a result of the Company's emergence from the Chapter

Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is

longer considered a related party

The Company provided certain services to Shehtah Nabors LP, a Nabors partnership with a

third

party, pursuant to a Management Agreement and a Cash Flow Sharing Agreement (collectively, “Shehtah Agreements”). Nabors incurred obligations to the Company of approximately

$1.8

million under the Shehtah Agreements during

2016.

There were

amounts due to the Company under the Shehtah Agreements at

December 31, 2016.

The Company did

not

provide services to Shehtah during

2017.

As a result of the Company's emergence from the Chapter

Proceeding and the cancellation of the Predecessor common shares, Nabors Corporate Services is

longer considered a related party.

The Company utilizes the services of

certain saltwater disposal wells owned by Pyote Water Solutions, LLC, Pyote Water Systems, LLC, Pyote Water Systems II, LLC and Pyote Water Systems III, LLC (together “Pyote”) used in the disposal of certain fluids associated with oil and gas production. A former member of the Company's Board of Directors, who served from

March 24, 2015

until

December 16, 2016,

holds the position of President and Chief Manager of Pyote and serves as Chairman of the Board of Governors of Pyote. Amounts invoiced from Pyote totaled approximately

$0.8

million and

$0.6

million for the years ended

December

31,

2016

and

2015,

respectively. Amounts payable to this vendor at

December 31, 2016

were less than

$0.1

million. In addition, the Company provides certain workover rig services, fluid hauling services and plug and abandonment services to Pyote. Revenues from Pyote totaled approximately

$0.3

million for the year ended

December

31,

2015,

and

services were provided to Pyote during

2016.

There were

amounts due to the Company from Pyote at

December 31, 2016.

For the year ended

December 31, 2017,

Pyote was

longer a related party

The Company purchased certain of its equipment from vendors affiliated with a former member of its Board of Directors. For the year ended

December

31,

2015,

purchases from these vendors totaled

$1.9

million. Amounts payable to these vendors at

December

31,

2015

were less than

$0.1

million. There were

purchases from these vendors for the years ended

December 31, 2017

2016.

For the year ended

December 31, 2017,

the vendors were

longer considered related parties

The Company obtains office space, equipment rentals, tool repair services and other supplies from vendors affiliated with several employees. For the years ended

December

31,

2017,

2016

and

2015,

purchases from these vendors totaled

$0.5

million in each year. Amounts payable to these vendors at

December

31,

2016

were less than

$0.1

million. There were

amounts due to these vendors as of

December 31, 2017.

The Company has an unconsolidated equity method investment with a vendor that provided the Company with raw material for its discontinued specialty chemical business. For the years ended

December

31,

2016

and

2015,

purchases from this vendor were

$1.7

million and

$11.8

million, respectively. There were

purchases from this vendor for the year ended

December 31, 2017.

Amounts payable to this vendor at

December

31,

2016

and

2015

were

$2.1

million and

$1.5

million, respectively. There were

amounts payable to this vendor as of

December 31, 2017.

The Company obtained drilling fluids from a vendor which was affiliated with

one

of its former employees. For the year ended

December

31,

2015,

purchases from this vendor totaled

$2.1

million. Amounts due to this vendor at

December

31,

2015

were

$0.2

million. There were

purchases from this vendor for the year ended

December 31, 2016.

For the year ended

December 31, 2017,

this vendor was

longer considered a related party