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CONSOLIDATED BALANCE SHEET - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 5,983,000 $ 449,935,000
Accounts receivable from Apache Corporation (Note 1) 5,195,000 0
Revenue receivables (Note 4) 15,461,000 10,914,000
Inventories 4,027,000 5,802,000
Prepaid assets and other 1,071,000 1,379,000
Total current assets 31,737,000 468,030,000
PROPERTY, PLANT, AND EQUIPMENT:    
Property, plant, and equipment 207,270,000 1,251,217,000
Less: Accumulated depreciation and amortization (1,468,000) (24,320,000)
Total property, plant, and equipment, net 205,802,000 1,226,897,000
OTHER ASSETS:    
Equity method interests 1,258,048,000 91,100,000
Deferred tax asset 0 67,558,000
Deferred charges and other 5,267,000 3,734,000
Other assets 1,263,315,000 162,392,000
Total assets 1,500,854,000 1,857,319,000
CURRENT LIABILITIES:    
Accounts payable to Apache Corporation (Note 1) 0 13,595,000
Current debt (Note 6) 9,767,000 0
Other current liabilities (Note 7) 23,925,000 84,926,000
Total current liabilities 33,692,000 98,521,000
LONG-TERM DEBT 396,000,000 0
DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:    
Asset retirement obligation 60,095,000 29,369,000
Deferred tax liability 0 2,643,000
Embedded derivative 102,929,000 0
Other noncurrent liabilities 4,614,000 0
Liabilities, Noncurrent 167,638,000 32,012,000
Total liabilities 597,330,000 130,533,000
COMMITMENTS AND CONTINGENCIES (Note 9)
Redeemable noncontrolling interest — Apache limited partner 701,000,000 1,940,500,000
Redeemable noncontrolling interest — Preferred Unit limited partners 555,599,000 0
EQUITY:    
Additional paid-in capital 39,792,000 0
Accumulated deficit (392,633,000) (213,746,000)
Accumulated other comprehensive loss (266,000) 0
Total equity (353,075,000) (213,714,000)
Total liabilities, noncontrolling interests, and equity 1,500,854,000 1,857,319,000
Class A Common Stock    
EQUITY:    
Common stock 7,000 7,000
Class C Common Stock    
EQUITY:    
Common stock $ 25,000 $ 25,000