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Revenue (Tables)

9 Months Ended

Sep. 30, 2023

Revenue

Schedule of minimum future lease cash flows to be received by the Company under the gathering and compression agreement

Minimum future lease cash flows to be received by the Company under the gathering and compression agreements as of September 30, 2023 are as follows (in thousands):


Remainder of year ending December 31, 2023		$	54,905
Year ending December 31, 2024			316,492
Year ending December 31, 2025			298,143
Year ending December 31, 2026			284,327
Year ending December 31, 2027			224,150
Thereafter			382,435
Total		$	1,560,452

Schedule of disaggregation of revenue


		Three Months Ended						Nine Months Ended
		September 30,						September 30,
(in thousands)		2022			2023			2022			2023			Reportable Segment
Type of service
Gathering—low pressure		$	92,091			106,731			273,188			311,410		Gathering and Processing ⁽¹⁾
Gathering—low pressure fee rebate			(12,000)			(12,000)			(36,000)			(36,000)		Gathering and Processing ⁽¹⁾
Compression			52,364			62,903			155,462			182,858		Gathering and Processing ⁽¹⁾
Gathering—high pressure			53,185			57,358			159,504			167,368		Gathering and Processing ⁽¹⁾
Fresh water delivery			38,445			40,989			111,609			128,214		Water Handling
Other fluid handling			24,617			25,526			67,673			80,755		Water Handling
Amortization of customer relationships			(9,271)			(9,271)			(27,814)			(27,814)		Gathering and Processing
Amortization of customer relationships			(8,397)			(8,397)			(25,190)			(25,190)		Water Handling
Total		$	231,034			263,839			678,432			781,601

Type of contract
Per Unit Fixed Fee		$	197,640			226,992			588,154			661,636		Gathering and Processing ⁽¹⁾
Gathering—low pressure fee rebate			(12,000)			(12,000)			(36,000)			(36,000)		Gathering and Processing ⁽¹⁾
Per Unit Fixed Fee			38,921			41,371			112,722			129,143		Water Handling
Cost plus 3%			19,346			19,789			51,384			63,031		Water Handling
Cost of service fee			4,795			5,355			15,176			16,795		Water Handling
Amortization of customer relationships			(9,271)			(9,271)			(27,814)			(27,814)		Gathering and Processing
Amortization of customer relationships			(8,397)			(8,397)			(25,190)			(25,190)		Water Handling
Total		$	231,034			263,839			678,432			781,601

(1)	Revenue related to the gathering and processing segment is classified as lease income related to the gathering and compression systems.