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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE      
Oil and condensate sales $ 169,728 $ 142,382 $ 163,538
Natural gas and natural gas liquids sales 190,967 122,836 116,018
Gain (loss) on commodity derivative instruments 26,902 (36,464) 90,288
Lease bonus and other income 42,062 32,079 23,080
TOTAL REVENUE 429,659 260,833 392,924
OPERATING (INCOME) EXPENSE      
Lease operating expense 17,280 18,755 21,583
Production costs and ad valorem taxes 47,474 35,464 35,767
Exploration expense 618 645 2,592
Depreciation, depletion and amortization 114,534 102,487 104,298
Impairment of oil and natural gas properties 0 6,775 249,569
General and administrative 77,574 73,139 77,175
Accretion of asset retirement obligations 1,026 892 1,075
(Gain) loss on sale of assets, net (931) (4,793) (4,873)
Other expense 0 0 1,593
TOTAL OPERATING EXPENSE 257,575 233,364 488,779
INCOME (LOSS) FROM OPERATIONS 172,084 27,469 (95,855)
OTHER INCOME (EXPENSE)      
Interest and investment income 49 656 58
Interest expense (15,694) (7,547) (6,418)
Other income (expense) 714 (390) 910
TOTAL OTHER EXPENSE (14,931) (7,281) (5,450)
NET INCOME (LOSS) 157,153 20,188 (101,305)
Net income attributable to noncontrolling interests subsequent to initial public offering 34 12 1,260
Distributions on Series A redeemable preferred units subsequent to initial public offering (3,117) (5,763) (7,522)
Distributions on Series B cumulative convertible preferred units (1,925) 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON AND SUBORDINATED UNITS SUBSEQUENT TO INITIAL PUBLIC OFFERING 152,145 14,437 (108,017)
ALLOCATION OF NET INCOME (LOSS) SUBSEQUENT TO INITIAL PUBLIC OFFERING ATTRIBUTABLE TO:      
General partner interest 0 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON AND SUBORDINATED UNITS SUBSEQUENT TO INITIAL PUBLIC OFFERING 152,145 14,437 (108,017)
Predecessor      
OTHER INCOME (EXPENSE)      
NET INCOME (LOSS) 0 0 (450)
Common Units      
ALLOCATION OF NET INCOME (LOSS) SUBSEQUENT TO INITIAL PUBLIC OFFERING ATTRIBUTABLE TO:      
Allocation of loss $ 98,389 $ 24,669 $ (54,326)
NET INCOME (LOSS) ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON AND SUBORDINATED UNIT:      
Per unit (basic) (in usd per share) $ 1.01 $ 0.26 $ (0.56)
Weighted average units outstanding, basic (in shares) 97,400 96,073 96,182
Per unit (diluted) (in usd per share) $ 1.01 $ 0.26 $ (0.56)
Weighted average units outstanding, diluted (in shares) 97,400 96,243 96,182
DISTRIBUTIONS DECLARED AND PAID SUBSEQUENT TO INITIAL PUBLIC OFFERING:      
Per unit (in usd per share) $ 1.20 $ 1.10 $ 0.42
Subordinated Units      
ALLOCATION OF NET INCOME (LOSS) SUBSEQUENT TO INITIAL PUBLIC OFFERING ATTRIBUTABLE TO:      
Allocation of loss $ 53,756 $ (10,232) $ (53,691)
NET INCOME (LOSS) ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON AND SUBORDINATED UNIT:      
Per unit (basic) (in usd per share) $ 0.56 $ (0.11) $ (0.56)
Weighted average units outstanding, basic (in shares) 95,149 95,138 95,057
Per unit (diluted) (in usd per share) $ 0.56 $ (0.11) $ (0.56)
Weighted average units outstanding, diluted (in shares) 95,149 95,138 95,057
DISTRIBUTIONS DECLARED AND PAID SUBSEQUENT TO INITIAL PUBLIC OFFERING:      
Per unit (in usd per share) $ 0.79 $ 0.74 $ 0.42