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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
Feb. 08, 2018
Mar. 31, 2018
Mar. 31, 2019
Revenue      
Operating revenue   $ 57,890 $ 135,829
Gain on sale of assets   5,139 1,483
Gain (loss) on derivatives   (22,011) (23,777)
Total revenue   41,018 113,535
Operating expenses      
Lease operating   8,317 19,944
Transportation, processing and marketing   3,359 4,603
Midstream operating   587 6,151
Cost of sales for purchased gathered production   3,809 9,695
Production taxes   1,415 5,483
Workovers   1,245 313
Exploration   1,585 2,054
Depreciation, depletion and amortization   15,679 37,899
General and administrative   37,752 29,518
Total operating expenses   73,748 115,660
Operating income   (32,730) (2,125)
Other income (expense)      
Interest expense   (5,444) (15,460)
Interest income   546 51
Equity in earnings of unconsolidated subsidiaries   0 99
Total other income (expense), net   (4,898) (15,310)
Loss from continuing operations before income taxes   (37,628) (17,435)
Income tax provision (benefit)   (3,874) 0
Loss from continuing operations   (33,754) (17,435)
Loss from discontinued operations, net of tax   0 0
Net loss   (33,754) (17,435)
Net loss attributable to noncontrolling interests     (9,028)
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest   $ (33,754) (17,435)
Net loss attributable to Alta Mesa Resources, Inc. stockholders     $ (8,407)
Loss per share - basic and diluted (in USD per share)   $ (0.08) $ (0.05)
Weighted average shares outstanding - basic and diluted (in shares)   169,371,730 180,265,954
Oil      
Revenue      
Operating revenue   $ 40,278 $ 86,363
Natural gas      
Revenue      
Operating revenue   5,210 18,450
Natural gas liquids      
Revenue      
Operating revenue   4,714 11,216
Sales of gathered production      
Revenue      
Operating revenue   3,873 9,560
Midstream revenue      
Revenue      
Operating revenue   3,260 7,155
Other      
Revenue      
Operating revenue   $ 555 $ 3,085
Predecessor      
Revenue      
Operating revenue $ 40,136    
Gain on sale of assets 840    
Gain (loss) on derivatives 6,663    
Total revenue 47,639    
Operating expenses      
Lease operating 4,408    
Transportation, processing and marketing 3,725    
Midstream operating 0    
Cost of sales for purchased gathered production 0    
Production taxes 953    
Workovers 423    
Exploration 7,003    
Depreciation, depletion and amortization 11,670    
General and administrative 21,234    
Total operating expenses 49,416    
Operating income (1,777)    
Other income (expense)      
Interest expense (5,511)    
Interest income 172    
Equity in earnings of unconsolidated subsidiaries 0    
Total other income (expense), net (5,339)    
Loss from continuing operations before income taxes (7,116)    
Income tax provision (benefit) 0    
Loss from continuing operations (7,116)    
Loss from discontinued operations, net of tax (7,746)    
Net loss (14,862)    
Net loss attributable to Alta Mesa Resources, Inc. stockholders (14,862)    
Predecessor | Oil      
Revenue      
Operating revenue 30,972    
Predecessor | Natural gas      
Revenue      
Operating revenue 4,276    
Predecessor | Natural gas liquids      
Revenue      
Operating revenue 4,000    
Predecessor | Sales of gathered production      
Revenue      
Operating revenue 0    
Predecessor | Midstream revenue      
Revenue      
Operating revenue 0    
Predecessor | Other      
Revenue      
Operating revenue $ 888