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Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Feb. 08, 2018
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2019
Revenue          
Operating revenue   $ 119,543 $ 151,034 $ 320,406 $ 388,677
Gain (loss) on sale of assets   (106) (18) 5,058 1,377
Gain (loss) on derivatives   (379) (11,212) (62,442) (11,744)
Total revenue   119,058 139,804 263,022 378,310
Operating expenses          
Lease operating   14,192 16,351 37,347 49,250
Transportation, processing and marketing   6,179 5,181 13,936 17,619
Midstream operating   6,621 4,507 8,407 19,292
Cost of sales for purchased gathered production   7,656 9,461 22,172 26,071
Production taxes   4,673 6,311 10,332 15,273
Workovers   783 1,065 2,643 1,903
Exploration   40,847 1,029 10,697 46,190
Depreciation, depletion and amortization   36,999 53,103 102,716 112,907
Impairment of assets   691,123 0 0 697,623
General and administrative   27,992 11,902 72,110 84,682
Total operating expenses   837,065 108,910 280,360 1,070,810
Operating income   (718,007) 30,894 (17,338) (692,500)
Other income (expense)          
Interest expense   (15,145) (12,347) (29,570) (47,360)
Interest income   69 357 1,727 199
Equity in earnings of unconsolidated subsidiaries   (29) 0 0 713
Reorganization items, net   22,467 0 0 22,467
Total other income (expense), net   7,362 (11,990) (27,843) (23,981)
Income (loss) from continuing operations before income taxes   (710,645) 18,904 (45,181) (716,481)
Income tax provision (benefit)   0 1,504 (6,161) 0
Income (loss) from continuing operations   (710,645) 17,400 (39,020) (716,481)
Loss from discontinued operations, net of tax   0 0 0 0
Net income (loss)   (710,645) 17,400 (39,020) (716,481)
Net income (loss) attributable to noncontrolling interests   (368,458) 10,427 (26,063) (368,132)
Net income (loss) attributable to Alta Mesa Resources, Inc. stockholders   $ (342,187) $ 6,973 $ (12,957) $ (348,349)
Income (loss) per share - basic (in USD per share)   $ (1.87) $ 0.04 $ (0.07) $ (1.92)
Income (loss) per share - diluted (in USD per share)   $ (1.87) $ 0.04 $ (0.08) $ (1.92)
Oil          
Revenue          
Operating revenue   $ 84,010 $ 107,253 $ 222,822 $ 261,041
Natural gas          
Revenue          
Operating revenue   10,788 11,959 25,149 41,622
Natural gas liquids          
Revenue          
Operating revenue   8,333 13,880 28,835 29,800
Sales of gathered production          
Revenue          
Operating revenue   8,387 9,129 21,926 28,386
Midstream revenue          
Revenue          
Operating revenue   5,882 7,802 17,879 19,586
Other          
Revenue          
Operating revenue   $ 2,143 $ 1,011 $ 3,795 $ 8,242
Predecessor          
Revenue          
Operating revenue $ 40,136        
Gain (loss) 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        
Impairment of assets 0        
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        
Reorganization items, net 0        
Total other income (expense), net (5,339)        
Income (loss) from continuing operations before income taxes (7,116)        
Income tax provision (benefit) 0        
Income (loss) from continuing operations (7,116)        
Loss from discontinued operations, net of tax (7,746)        
Net income (loss) (14,862)        
Net income (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